SAN FRANCISCO--(BUSINESS WIRE)--Node, the first AI-powered discovery engine, was recently recognized by leading research and advisory firm Gartner in its April 2018 “Cool Vendors in CRM Sales” report. This year’s report notes that “the 2018 Cool Vendors in CRM sales provide new approaches to improving sales.”
The report - which names interesting, new and innovative vendors, products and services - suggests that “by 2020, 30% of all companies will employ AI to augment at least one of their primary sales processes.” The most transformational consequences of AI are already being felt, as sales teams are able to spend less time poring through endless prospect search results and are able to instead focus on effective conversations and engaging with leads that are most likely to convert and drive revenue.
Node’s AI-powered discovery is revolutionizing how people and businesses discover new opportunities on the web. Through proprietary artificial intelligence technology, Node automatically delivers valuable, relevant and timely information about people and companies to help its customers understand who they should engage with and why. The company has developed a relationship graph that includes over half a billion profiles of people and companies, each loaded with valuable insights that can be leveraged to engage the right people, at the right time, and with the right message to accelerate revenue growth.
Node has already proven to be an effective tool for customer discovery for sales and marketing teams, uncovering over $1 billion in new market opportunity. The company is now expanding to revolutionize online information discovery across additional functions including partnership development, fundraising and more. Node recently added AI industry leaders Louis Monier and Jeffrey Johnson to the company’s executive team to usher in Node’s next product phase.
“We’re honored to be recognized by Gartner, which is well known for identifying the next big trends expected to disrupt industries,” said Node CEO and Founder Falon Fatemi. “The next step for us is to take the momentum from our success in the sales space to expand into new industries, using AI to improve efficiency for a variety of enterprises.”
Fatemi began her career at 19 years old, when she joined Google as the company’s youngest-ever hire. Her company Node emerged from stealth in 2017 and has raised $21.3 million in funding from Mark Cuban, Avalon Ventures, NEA, Canaan Partners, Recruit Strategic Partners, WndrCo, David Brewer of Aragon Capital, Linnea Roberts of GingerBread Capital, Falmouth Ventures, and Marc Weiss of Open Field Capital and others.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Node is the first AI-powered discovery engine that connects people with opportunity at massive scale. Node’s proprietary deep learning technology revolutionizes the online discovery process by making sense of the relationships between billions of people and companies on the web and customer-owned data. Sifting through these connections, Node proactively surfaces the most relevant opportunities in real-time to accelerate growth across sales, marketing, recruiting, partnerships and beyond. Companies can leverage Node’s discovery engine through an online platform and/or API. Node was founded by Falon Fatemi – Google’s youngest employee – and is backed by Mark Cuban, NEA, Avalon Ventures, Canaan Partners, Bee Partners, Recruit Strategic Partners, Sway Ventures, WndrCo, David Brewer of Aragon Capital, Linnea Roberts of GingerBread Capital, Falmouth Ventures, and Marc Weiss of Open Field Capital. Learn more about how Node is accelerating serendipity at www.node.io.