Tact.ai Technologies, Inc. Reveals Honeywell’s Investment


(Sunnyvale, CA) Tact.ai Technologies, Inc. offers business clients an enterprise level platform.  This enterprise level platform, is technically Tact.ai.  Additionally, it is called Tact.ai’s Conversational Sales Platform.  The latter, connects any mobile app or desktop app, to any, modern device.  The purpose is to be able to have an intelligent advantage, for the business’s sales and customer relations teams.  What makes Tact.ai unique is a software concept called, conversational workflows.  Tact.ai’s conversational workflows task into service, artificial intelligence.  Through the artificial intelligence engine, Tact.ai, helps drive sales revenue growth.  The latter, is made possible by the elimination of friction, in the daily sales workflows.  In other words, and when Tact.ai is being used by an individual user, the artificial intelligence engine does the following.  It is the heart and soul, of the voice enabled A.I. assistant.  At the same time, in the United States of America, Honeywell International, Inc. is a quiet giant of commercial and consumer products.  Recently, Tact.ai Technologies, Inc. announced that, it is now business friendly with Honeywell International, Inc.  Specifically, the aforementioned business revealed that, Honeywell International, Inc. is now an investor.  Regrettably, the investment amount was not made public.  As part of the investment, Honeywell International, Inc. is going to have its global sales teams, use Tact.ai’s Conversational Sales Platform.
            The use of Tact.ai’s Conversational Sales Platform, by Honeywell International, Inc., can also be called implementing the concept; customer relationship management (C.R.M.).  However, Tact.ai Technologies, Inc. likes to call this concept human friendly C.R.M., when the Conversational Sales Platform is being used.  However and returning to, Honeywell International, Inc. (NYSE:  HON), the aforementioned business is considered to be a conglomerate.  As an American conglomerate, it calls Charlotte North Carolina, U.S.A. home.  Additionally; and for the year 2018, Honeywell International, Inc. reported a global workforce of approximately, 110,000 employees.  44,000 of those 110,000 employees are American workers, who work inside the territorial boundaries of the United States of America.  As a Fortune 500 Company; the aforementioned business focuses its business operations on commercial products, consumer products, engineering services and aerospace systems.  In turn, Honeywell International, Inc. operates three major business groups.  Obviously, these business groups oversee the focus of the business operations.  Honeywell Aerospace; Honeywell Building Technologies, Safety and Productivity Solutions (S.P.S.) and Honeywell Performance Materials and Technologies (P.M.T.) are the three business groups.   
            Returning to; Honeywell’s revealed investment, the aforementioned is technically through, Honeywell Ventures.  For the most part, Honeywell Ventures only invests in high growth businesses.  These high growth businesses can be headquartered, in a foreign country.  The goal of Honeywell Ventures’ investments is investing in a business that possesses an emerging technology, or, investing in a business that possesses a disruptive technology.  Additionally, deciding if the business is aligned with Honeywell’s business objectives, is part of the decision making process.  Obviously, Honeywell Ventures thought that, Tact.ai Technologies, Inc. was aligned with its own business objectives.  Interestingly, other revealed investors of Tact.ai Technologies, Inc. are; Amazon Alexa Fund, Comcast Ventures, M12 Ventures, Salesforce Ventures, Accel Partners, Redpoint Ventures and Upfront Ventures. 
            Kamal Vasagiri is the Director of Honeywell Ventures at Honeywell International, Inc.  Through a press statement, Mr. Vasagiri said the following.  “We believe that in order for sales teams to better prepare and serve customers for the future, they need to become more productive, data-driven and connected with their customers.  Tact.ai shares our view that AI should help employees become a better version of themselves, optimizing how they can help their customers.”
            To end, Tact.ai Technologies, Inc. did release a press statement.  Chuck Ganapathi is the Chief Executive Officer of Tact.ai Technologies, Inc.  Through a press statement, Mr. Ganapathi said the following.  “We’re honored to be joined by Honeywell, who shares our vision of partnering with the customer to help build the future of work in half the time.  Each day we’re thankful to have some of the largest organizations in the world as supporters and investors.  Tact.ai couldn’t be prouder to help our customers’ employees plan better, move better and better connect with their customers.”  As previously stated, Tact.ai Technologies, Inc. recently announced that, it is now business friendly with Honeywell International, Inc.  Specifically, the aforementioned business revealed that, Honeywell International, Inc. is now an investor.  Regrettably, the investment amount was not made public.  As part of the investment, Honeywell International, Inc. is going to have its global sales teams, use Tact.ai’s Conversational Sales Platform.  Lastly; when the Conversational Sales Platform is being used, Tact.ai Technologies, Inc. likes to call this concept, human friendly C.R.M. 

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Written from Press Release
Registered Writer with
PR Newswire Association, LLC
R-Berumen28
01/31/2020

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