Pivott.ai’s Post

More enterprise accounts with the same spend? Here’s how Miro did it 👇 With Voyantis’ custom AI model, we were able to predict users that were likely to convert into enterprise accounts. Of course, how do we know this works for sure? We did an A/B test! The control group optimizes for the typical conversion event: 👉 A corporate sign-up The experiment group used our predictive tech: 👉 Targeting those likely to sign up Both had more or less the same spend. The result? Much better financial metrics: ▶ +30% paying customers ▶ +55% new trials by companies ▶ +35% annual plans 🎬 Watch our full webinar with Miro here: https://lnkd.in/dGczqYYY #startups #strategy #artificialintelligence #digitalmarketing #VBB

More enterprise accounts with the same spend? Here’s how Miro did it 👇 With Voyantis’ custom AI model, we were able to predict users that were likely to convert into enterprise accounts. Of course, how do we know this works for sure? We did an A/B test! The control group optimizes for the typical conversion event: 👉 A corporate sign-up The experiment group used our predictive tech: 👉 Targeting those likely to sign up Both had more or less the same spend. The result? Much better financial metrics: ▶ +30% paying customers ▶ +55% new trials by companies ▶ +35% annual plans 🎬 Watch our full webinar with Miro here: https://lnkd.in/daYAefeW #startups #strategy #artificialintelligence #digitalmarketing #VBB

🚀 Observations from HubSpot's Gen AI 2024 Summit in SF 🌉 Startups, it’s time to rethink how to leverage GenAI! Here are some key takeaways to shape your strategy: 🔹 Data and Agility Aren't Enough Anymore: It's not just about having unique data and being agile. The game has changed to create a differentiated product solving a problem. 🔹 Top-Down AI Sponsorship: AI initiatives are still primarily driven by executives, not through a bottoms-up approach. Leadership commitment is crucial. 🔹 Story vs. Product: Understanding the narrative of AI in your company versus the actual product can make a huge difference. 🔹 HubSpot’s Success: HubSpot drastically boosted productivity in their Customer Success org using AI without increasing headcount. A great example of AI’s potential! 🔹 Defining Boundaries: Clearly define what your company can and cannot do with AI. It’s essential for strategic focus. It might feel like you can do anything and everything and will lead to early death. 🔹 Utility vs. Product: Many AI startups offer high utility but lack a clear product and specific problem to solve. Focus on creating tangible solutions. 🔹 Data Principles: Establishing basic principles on data usage and ownership is critical for success. 💡 Challenges with Enterprise AI Adoption: 🔹Uncertainty on where to start. 🔹Customers want models that get the job done, not just any model. 🔹They seek advice on use cases and models. 🔹Executive commitment is key. If not, these initiatives would be the first ones to get axed. 🔹Responsible AI varies in meaning. Have a view point and collaborate with you customer. 🛠️ The Best Model? Foundation models are a starting point, but understand the jobs-to-be-done. Whatever works for your use case and your customers. You can’t afford to always be in experimentation mode if you aim to help your customers effectively. 💪 Workflow Improvement If your startup is improving a workflow, it must be at least 10x better. Otherwise, the switching cost (effort, perception) isn’t justified. Lets get back to building :) #GenAI2024 #Startups #AIInnovation #Leadership #Productivity #AIadoption #ResponsibleAI #WorkflowImprovement

Why Chatbots Are a Smart Investment for Investors and Accelerator Programs https://lnkd.in/dB2rArek #Chatbots, #AIChatbots, #ArtificialIntelligence, #AIFuture, #TechInvestments, #StartupAccelerators, #InvestorTips, #SmartInvesting, #Innovation, #FutureOfTech, #BusinessGrowth, #Automation, #DigitalTransformation, #AIInnovation, #TechStartups, #AIRevolution, #InvestInTech, #StartupSuccess, #VentureCapital, #AIAdvancements

🚀 **The AI Revolution is Here!** 🤖 One thing is crystal clear: artificial intelligence is transforming the SaaS landscape, paving the way for **1,000+ new competitors**! 🌟 This rapid evolution is not just reshaping existing companies but also giving rise to innovative startups ready to disrupt the market. As we dive into this new era, businesses must adapt, innovate, and embrace AI to stay ahead. Whether you're a seasoned player or just starting out, the competition is heating up! 🔥 Curious about how AI is changing the game? Check out this insightful article from SaaStr: [One Thing is Clear: AI Is Leading to 1000+ New Competitors in SaaS](https://hubs.ly/Q02VkmJl0) 💡 What do you think? Are you ready to embrace the AI wave? Let’s discuss in the comments! 👇 #SaaS #AI #Innovation #TechTrends #Startups #BusinessGrowth

Asif Zameer brings 15 years of experience in Digital Marketing and AI to the table, specializing in helping startups achieve growth and success. As a key player at Ntechnologies.ae, Asif uses his deep knowledge of digital strategies and AI tools to drive business performance, enhance brand presence, and accelerate growth. His expertise in navigating the digital landscape ensures that startups have the right tools to compete and thrive in today’s fast-paced market. #DigitalMarketing #AIExpert #StartupGrowth #MarketingStrategy #AIinBusiness #TechLeadership #DigitalTransformation

Swedish AI startup Hypertype bags €600k to supercharge customer support! Hypertype, a female-founded customer communication automation startup, has successfully raised €600,000 (£506,500) in a recent fundraising round, further boosting Sweden’s growing AI landscape. The investment, spearheaded by Butterfly Ventures and Bust, indicates increasing faith in AI-powered solutions for improving customer care and sales processes. Established in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype has quickly established itself as a mere AI startup to a disruptive force in the martech industry. The company’s cutting-edge AI service enables customer support representatives and salespeople to automate and streamline communications, addressing a crucial challenge in customer-facing roles. #StartupBoostSingapore #business #tech #ai #Hypertype Read more: https://lnkd.in/gBfW6epY 

Is Your Startup's Go-To-Market Strategy Missing This Key Ingredient? “A solid go-to-market (GTM) strategy fires on all cylinders of a startup's sales, service, and marketing efforts.” - HubSpot In a world where 62% of startup founders are already harnessing the power of AI to supercharge their marketing and customer experiences, it's time to pause and reconsider: Are you fully leveraging AI in your go-to-market strategies? 🔍 The recent Hubspot report reveals some eye-opening statistics: 86% of founders report a positive impact of AI on their GTM efforts. Over 50% have seen enhanced customer engagement and a 57% increase in conversion rates due to AI. Yet, adopting AI is not without its challenges. The costs and complexities of integrating AI technologies can be daunting, but the potential for AI-driven growth is undeniable. As we move forward, ethical use and data privacy remain at the forefront, making AI not just a technology shift but a strategic business transformation. 🌟 Don't let your startup lag behind. Dive into our latest article on how AI is redefining startup GTM strategies and discover how you can turn these challenges into substantial growth opportunities. Let's demystify AI's role in navigating market complexities and seizing competitive advantages. Read the full article on AI's transformative impact: https://lnkd.in/dTTXa5CE #AI #Startups #GTM #BusinessGrowth #Innovation

🚀 **The AI Revolution is Here!** 🤖 One thing is crystal clear: artificial intelligence is transforming the SaaS landscape, paving the way for **1,000+ new competitors**! 🌟 This rapid evolution is not just reshaping existing companies but also giving rise to innovative startups ready to disrupt the market. As we dive into this new era, businesses must adapt, innovate, and embrace AI to stay ahead. Whether you're a seasoned player or just starting out, the competition is heating up! 🔥 Curious about how AI is changing the game? Check out this insightful article from SaaStr: [One Thing is Clear: AI Is Leading to 1000+ New Competitors in SaaS](https://hubs.ly/Q02VjXDd0) 💡 What do you think? Are you ready to embrace the AI wave? Let’s discuss in the comments! 👇 #SaaS #AI #Innovation #TechTrends #Startups #BusinessGrowth

Here’s a clip from an opinion I put together last week. The opinion started based on conversations I was having with merchants about evaluating CS solutions with a focus on AI. I like to bucket the solutions into two categories: larger platforms like Kustomer, Zendesk, and Salesforce Service Cloud, and AI CS startups like Sierra.ai. Today, with AI features being released that provide meaningful value, the larger platforms primarily leverage AI to enhance the agent experience. These platforms focus on boosting the capabilities of human agents, ensuring they can handle more complex queries and provide a higher level of service. In contrast, AI CS startups are pushing the boundaries by developing solutions primarily designed to replace human agents. This creates an interesting dynamic in the market. Established platforms enhance the human element in customer service, while startups aim to automate it. AI/CS startups can be a game-changer for small merchants with limited resources, but I believe startups need to continue talking to their customers. Even simple questions and interactions can build crucial relationships with real people. Larger merchants also face a dilemma because experimenting with tools that completely replace the agent carries significant risks, both internally and externally. Handing over the keys to customer relationships to an AI agent is a big leap. It’s fascinating to see how this will play out. In my opinion, while AI/CS startups might be ahead in AI functionality today, give the bigger players some time, and AI functionality will become table stakes. #CustomerExperience #CX #AI #CustomerSupport #Innovation #Kustomer #Zendesk #Salesforce #Startups #Technology