Freshworks Inc
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Information Technology : Software | Small Cap Growth
Company profile

Freshworks Inc. is a software development company that provides modern software-as-a-service (SaaS) products. It provides solutions that serve customer experience (CX), information technology service management (ITSM), customer relationship management (CRM), sales and marketing, and human resource (HR) management. Its CX products include Freshdesk Support Desk, Freshdesk Contact Center, Freshdesk Omnichannel Suite, and Freshdesk Customer Success. Its sales and marketing products include Freshsales, Freshmarketer, and Freshsales Suite. Its ITSM product, Freshservice is a service management solution that integrates several traditionally disparate technologies, such as information technology (IT) service management, IT operations management, IT asset management, project and portfolio management, and enterprise service management, into a single unified solution. Its Freshworks Neo platform provides shared services that enable the release of new products.

Price
Delayed
$15.86
Day's Change
0.16 (1.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
15.86
Day's Low
15.65
Volume
(Light)

Today's volume of 67,056 shares is on pace to be much lighter than FRSH's 10-day average volume of 2,108,407 shares.

67,056

Freshworks Embeds Generative AI to Help Customer Support, Sales and Marketing Teams Improve Quality and Efficiency

8:00 am ET March 22, 2023 (Globe Newswire) Print
Freshworks Embeds Generative AI to Help Customer Support, Sales and Marketing Teams Improve Quality and EfficiencyFreshworks' extends its Freddy artificial intelligence strategy with the latest GPT large language modelsGlobeNewswireMarch 22, 2023

SAN MATEO, Calif., March 22, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced new GPT-based conversational enhancements to Freshworks' natively-built AI powered assistant, Freddy. Using OpenAI's ChatGPT and underlying large language models, the latest generative AI capabilities of Freddy help a wide range of customer-facing professionals work faster, smarter, and more effectively. Customer service agents respond quickly to customers and employees in the right tone, marketers compose more compelling copy in a fraction of the time, and salespeople craft powerful emails that hook in a prospect.

"We've made significant investments in our AI strategy over the last five years to enhance agent productivity and their customers' experience. The newest Freddy updates using the latest in GPT large language models bring even more value to these experiences," said Prakash Ramamurthy, Chief Product Officer at Freshworks. "We are fundamentally transforming how Freshworks customers will interact with our products through more conversations and fewer clicks."

Conversational AI will be embedded via Freddy across Freshworks' entire customer and employee suite of products. Customer support agents will deliver faster issue resolution and have higher quality conversations with customers. Marketers will receive smart customer segmentation and optimized email content to maximize campaign efficacy. Sellers will close more deals through recommendations on opportunities with highest potential.

Today, Freshworks customers participating in the Freddy AI beta programs are able to:

  • Summarize Conversations: Support agents using Freshchat(TM) can view an automatic summary of customer conversations to gain context, rather than reading through an entire conversation before responding.
  • Rephrase Responses: Support agents can replace casual language with more formal and clear responses.
  • Autocomplete Content: Support agents can save keystrokes and respond faster to customer inquiries, with predictive sentence completion.
  • Generate Articles: Support agents can save time by creating contextual knowledge-base articles and FAQs using generative AI and simple prompts.
  • Write Email Copy: Marketers using Freshmarketer(TM), Freshworks' marketing automation suite, can write better email copy in less time to improve open rates and engagement. Sellers can create personalized emails tailored to individual prospects' specific needs and pain points.

Learn more about Freshworks' Freddy and sign up for the new Freshchat beta program here, and Freshmarketer beta program here.

About Freshworks Inc.

Freshworks Inc. (NASDAQ: FRSH) makes business software people love to use. Purpose-built for IT, customer support, and sales and marketing teams, our products empower the people who power business. Freshworks is fast to onboard, priced affordably, built to delight, yet powerful enough to deliver critical business outcomes. Headquartered in San Mateo, California, Freshworks operates around the world to serve more than 60,000 customers including Allbirds, Blue Nile, Bridgestone, Databricks, Klarna, NHS, OfficeMax, and PhonePe. For the freshest company news visit www.freshworks.com and follow us on Facebook, LinkedIn and Twitter.

(C) 2023 Freshworks Inc. All Rights Reserved. Freshworks and its associated logo is a trademark of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any first parties of Freshworks Inc. or any aspect of this press release.

Media Relations Contact:

Erika Howard

pr@freshworks.com

408-348-1087

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e4c5704-5736-456b-aa3b-5c3b0a12eecb

https://www.globenewswire.com/NewsRoom/AttachmentNg/eddbcf79-ec06-409b-8ff1-a559fe56f842

https://www.globenewswire.com/NewsRoom/AttachmentNg/e1c8ce9f-3ca0-48e4-b4f7-723a852fdc06

https://www.globenewswire.com/NewsRoom/AttachmentNg/8a28042a-551e-4533-a7c5-7a995ff04385



Primary Logo

Freddy AI Autocomplete

Support agents can save keystrokes and respond faster to customer inquiries, with predictive sentence completion.
Freddy AI Email Generator

Marketers using Freshmarketer(TM), Freshworks' marketing automation suite, can write better email copy in less time to improve open rates and engagement.
Freddy AI Rephraser

Support agents using Freshchat can replace casual language with more formal and clear responses.
Freddy AI Summarizer

Support agents using Freshchat(TM) can view an automatic summary of customer conversations to gain context, rather than reading through an entire conversation before responding.
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COMTEX_427229527/2010/2023-03-22T08:00:42

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