Logik.io Inc. has introduced a new artificial intelligence-based product, Cosmo AI, designed to enhance complex sales' configure, price, and quote (CPQ) processes. Specializing in rules-based automation, Logik.io aims to streamline intricate product sales with the aid of intelligent automation. Cosmo AI features an innovative rule-writing assistant called FunctionAssist, which utilizes generative AI to simplify configuration.
Administrators can articulate rules in English, and FunctionAssist swiftly generates an optimized set of rules. Beyond sales processes, the product extends its utility to self-service configurations for products like cars and complex machinery. This launch represents Logik.io's commitment to leveraging AI to enhance efficiency and simplicity in complex sales scenarios.
Cosmo AI was based on a version of Google LLC's 'Bard,' a new artificial intelligence tool.
AI-Powered Sales Assistants
Logik.io is a New Company Dedicated to Streamlining Product Sales
Trend Themes
1. Rules-based Automation - Logik.io specializes in rules-based automation to streamline complex sales processes, offering disruptive innovation opportunities in sales optimization.
2. Generative AI - Logik.io's FunctionAssist uses generative AI to simplify configuration, presenting disruptive innovation opportunities in automated rule-writing assistants.
3. Self-service Configurations - Logik.io's Cosmo AI extends its utility to self-service configurations, creating disruptive innovation opportunities in enhancing user experiences for products like cars and complex machinery.
Industry Implications
1. Artificial Intelligence - The AI-powered sales assistant market offers disruptive innovation opportunities in enhancing efficiency and simplicity in complex sales scenarios.
2. Software Automation - Logik.io's rules-based automation technology presents disruptive innovation opportunities in streamlining and optimizing complex sales processes.
3. Product Configuration - The product configuration industry can benefit from Logik.io's generative AI technology, creating disruptive innovation opportunities to simplify and automate configuration processes.