DEERFIELD, Ill.–(BUSINESS WIRE)–December 5, 2023–
Logik.io, the company that consumes complex sales experiences with advanced configuration technology, today announced the beta launch of Cosmo AIthe first artificial intelligence solution built for CPQ and Commerce.
This press release includes multimedia. See the full press release here:
(Graph: Business Wire)
Logik.io’s Cosmo AI suite launches today with its first game-changing capability, Cosmo FunctionAssist. Cosmo FunctionAssist is an intelligent rule-writing assistant designed to make configuration administration easier than ever by using generative AI to build advanced rules.
Within Logik.io, administrators can type the rule they want to create in plain English, and Cosmo FunctionAssist will instantly return a perfectly optimized set of rules. Cosmo FunctionAssist makes creating rules, a traditionally complicated task in other solutions, quick and easy.
“At Logik.io, we don’t believe in AI just for AI’s sake. With the launch of Cosmo AI, we believe we’re raising the bar for the entire CPQ space with AI that solves real challenges and adds value real for our customers. Gone are the days when administrators needed to spend hours on advanced scripting to write and manage rules: our new Cosmo FunctionAssist functionality is changing the way businesses will look at configuration management.” said Christopher Shutts, CEO of Logik.io.
With today’s launch of Cosmo AI, Logik.io takes just the first step in the company’s robust AI roadmap. The company plans to continue to develop AI capabilities to solve some of the more challenging configuration issues faced by CPQ users. Logik.io’s upcoming AI capabilities include:
Smart predictions and auto-suggestions, which will save end-users time in quoting through auto-suggest options based on previous selections. Rule optimization suggestions, which will make process improvements faster, easier and more automated through intelligent suggestions. Online Admin Help and Support , which will enable CPQ and Commerce admins to be more effective and efficient by providing them with real-time, in-context answers and training on any questions they have as they work.
“With every Cosmo AI innovation, we’re applying artificial intelligence to the areas of managing complex configurations and transactions that have historically caused the most friction or inefficiency for administrators and end users. From day 1, Logik.io was designed to usher in a new era for advanced configuration, and we continue to disrupt our space with Cosmo AI and our robust AI roadmap,” said Fazal Gupta, VP of Product at Logik.io.
The beta release of Cosmo AI comes at an exciting time of growth for Logik.io. In recent months, Logik.io has announced its $16 million Series A funding, triple-digit year-over-year revenue growth and a doubling of live customers, and the opening of a new and expanded headquarters in Deerfield , Illinois.
About Logik.io
Logik.io is an advanced, unified product configuration, discovery and recommendation engine that simplifies complex selling in CPQ and eCommerce. Logik.io’s mission is to make selling simpler and buying better for all businesses across the marketing, sales, commerce and service channels by filling business-critical technology gaps in systems such as CPQ, ERP and commerce. Founded in 2021 and headquartered in Deerfield, Illinois, Logik.io is backed by Emergence Capital, Salesforce Ventures, ServiceNow Ventures and High Alpha. For more information, visit www.logik.io.
For more information, visit www.logik.io.
View the activated source version businesswire.com:
CONTACT: Blake Grubbs
blake@logik.io
603.479.6519
KEYWORD: UNITED STATES OF AMERICA NORTHERN ILLINOIS
SECTOR KEYWORD: SUPERMARKET SPECIALTY COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY ARTIFICIAL INTELLIGENCE OTHER COMMUNICATIONS SOFTWARE MARKETING FOOD/BEVERAGE COMMUNICATIONS RETAIL CONVENIENCE STORE CATALOG DATA MANAGEMENT TECHNOLOGY/PRODUCTION APPLICATIONS TECHNOLOGY/AUTOMATIC APPLICATIONS LICENSED GENERAL AUTOMOBILITY EMBA ARTICULAR LAGES FOR THE HOME ENGINEERING ENERGY AUTOMOTIVE MANUFACTURING AEROSPACE MANUFACTURING SUPPLY CHAIN MANAGEMENT DIGITAL MARKETING ONLINE RETAIL SEARCH ENGINE OPTIMIZATION MARKETING OTHER MERCHANT
SOURCE: Logik.io
Copyright Business Wire 2023.
PUB: 05/12/2023 08:00/DISC: 05/12/2023 08:01
Copyright Business Wire 2023.
[ad_2]
Source link
