September 2023 Releases
2024 Year In Review
As we wrap up a transformational 2024, we’re incredibly grateful to our customers, partners, team, and to all our new AI Agents for bringing contact centers into a new era of rapid experimentation, lower costs, and personalized customer experiences!
2024: The year enterprises went all-in on Regal
Regal began with a vision to empower contact center leaders to operate more like digital marketers – using real-time customer data signals, no-code workflow tools, and A/B testing to drive more personalized and effective customer conversations.
We started by serving phone sales teams who were eager to adopt new technology to give them higher answer rates, conversion rates and revenue per customer. Over time we expanded to more channels, and supported every contact center team with the tools to perfect every customer interaction. In 2024, features like Progressive Dialer, IVR, Regal LIVE, and Custom Objects made it possible for enterprise customers to go all-in on Regal as their complete CCaaS solution, used by their sales, retention, support and operations teams across inbound and outbound phone, SMS, and email.
As a result, we reached a number of important milestones in 2024, including 7 Billion behavioral signals, 250 Million interactions, 10 Million AI-assisted calls and $5 Billion of customer revenue driven.
2024: The year AI Phone Agents came to enterprise contact centers
Before 2024, there were certain truths everyone held about contact centers:
- Nothing is certain except death, taxes (and hold music). The average American spends 43 days in their lifetime waiting on hold
- Cost and quality are necessary tradeoffs – if you want higher quality interactions, you better hire more expensive agents and more of them
- Voice channel concurrency is 1 (while email, chat and SMS can be multi-tasked)
- Annual contact center turnover rates of staff are ~40%
Regal’s AI Phone Agents are rewriting these rules. Purpose-built for high-consideration B2C industries, they’re transforming the customer experience, the economics of contact centers, and the way successful contact centers are run.
Regal’s AI Phone Agents sound like your best agents, except they can hold multiple conversations concurrently in multiple languages, never lose patience, and always stay online. They’re connected to your customer data, so they can perfect every conversation and take action – such as scheduling, updating your CRM or sending follow up texts – without code or human guidance. Finally, we have pre-built agents tailored for common contact center use cases like inbound support triage, outbound qualification, appointment setting and collections, so you can go live in a day, without any pre-training.
Looking Ahead to 2025: The Future is Omni-Agent
We love working with companies that are passionate about helping consumers with the most important decisions in life – buying a house, getting life insurance, going to a new school, finding the right healthcare. For the benefit of both companies and consumers, we believe 90% of these interactions will be AI Agent-led by 2035. The best orgs will successfully achieve that outcome much faster, so in 2025, we are all-in on blending AI Agents into contact centers to make them “Omni-agent.” Email hello@regal.ai if you want to learn more about what’s on the product roadmap in 2025.
Cheers to a future filled with more perfect customer interactions (and less hold music)!
- Rebecca & Alex
Co-Founders, Regal.ai
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