Japanese insurer Sompo has partnered with US-based CRM company Vymo to pilot research using contextual intelligence and AI-enabled sales to increase productivity of sales.
Vymo’s app helps sales representatives in automatically logging in the sales activities which includes calls through dialler integrations and meetings though geo-intelligence.
Vymo can learn from the best-performing sales agents on prioritisation of leads, customer engagement and next steps.
It is also capable of boosting outcomes and increase revenues in different types of businesses.
Vymo stated that around 85% of the application users log in each day to plan the sales activities which leads to a revenue impact of 3-10% each year.
Earlier this month, American big data analytics firm Palantir Technologies has partnered with Sompo to launch a $100m joint venture (JV) in Japan.
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The 50-50 JV operates as Palantir Technologies Japan and serves the government agencies and big companies.
In July, Sompo partnered with financial services group Sanlam Kenya to strengthen its business opportunities in Kenya, Africa.
Through the collaboration with Sanlam, the Japanese firm looked to target East Africa, where Kenya is attracting significant Japanese investments, reported Capital Business.
Last year, Sompo Japan Nipponkoa Insurance revealed plans to establish a Sompo innovation lab in Israel.
It will also work as part of its strategy to invest in technology start-ups.