Is Kore.ai Right For Your Business? [Review 2024]

If you’re looking to integrate AI solutions into your business, you may be impressed with what Kore.AI has to offer, but is it the overall best platform for you?
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As AI has rapidly become available to businesses in recent years, Kore.AI has emerged as a prominent player in the chatbot and customer service realms, which corporations like Cola-Cola are turning to for efficient virtual assistants. 

If you’re looking to integrate AI solutions into your business, you may be impressed with what Kore.AI has to offer, but is it the overall best platform for you?

Read on to learn more about Kore.AI’s offerings and how you can make a decision on which AI agent platform to choose among others like Voiceflow

What Is Kore.AI?

Labeled as an AI solutions platform, Kore.AI provides companies with tools to create and regulate quality AI systems such as chatbots and knowledge bases. As businesses are evolving their digital solutions, Kore.AI helps clients simplify complex technological departments into landscapes that are more user-friendly and intuitive. 

Kore.AI’s flagship product is XO, standing for “Experience Optimization”. Without coding skills required, you can create a flowchart of responses with the program’s drag-and-drop features. The company also provides free templates designed to help the AI agent reset a password, check out items in a user’s cart, and much more. 

Check out Voiceflow’s templates to load an expansive AI agent or chatbot right away without starting from scratch.

What Are the Pros of Kore.AI?

The main appeal to Kore.AI lies in its approach to underlying technologies. You can have your AI agent “learn” everything from your knowledge base, so it can provide answers to complex user questions or inquiries. These capabilities allow business leaders to mold their AI systems exactly in the ways they prefer.

What’s Included With Kore.AI Bot Builder?

The Kore.AI XO bot builder excels with end-to-end experience design. Kore.AI isn’t too keen on ChatGPT or other popular AI models but has created “XO GPT” that’s designed specifically for customer experience. The bot builder also offers real-time suggestions and advice as you write and build conversations.

What Is Kore.AI Academy?

As the company understands that the platform might be too overwhelming to take in all at once, it has launched the Kore.AI Academy, where business leaders and employees can learn the ins and outs of the XO bot builder and other products one step at a time.

How Can I Customize Kore.AI?

While coding isn’t a necessity for Kore.AI, there’s plenty of customization to be had. In order to create and integrate bespoke AI systems, users can tweak and adjust the following within the XO bot builder: 

  • Edit workflows and conversations
  • Tweak NLP settings
  • Import existing API and web services
  • Create additional chatbots
  • Implement new languages
  • Generate analytical reports

Furthermore, the user interface of the AI application can be personalized to match a company’s brand with logos, color schemes, and other aesthetics.

Who Are Kore.AI’s Competitors?

Of course, Kore.AI isn’t your only AI client-building option available, so here are other platforms you can consider as your starting point for a viable AI assistant:

Company

Plan(s)

Notable Clients

Voiceflow

  • Pro: $50 per month
  • Teams: $625 per month
  • Enterprise: Custom 

Amazon, Home Depot, State Farm

Yellow.AI

Enterprise: Custom

Chevrolet, Ford, Honda

DialogFlow

  • Agent Assist: Custom
  • ES Agent: Custom
  • CX Agent: Custom

The Wall Street Journal, Domino’s, Verizon

Botpress

  • Pay-As-You-Go: Custom
  • Team: $495 per month
  • Enterprise: Custom

Husqvarna, Windstream, Electronic Arts

Activechat.AI

  • Company License: $4,995
  • Developer License: $14,995

Zylo, ESNECA Business School, Lattelecom

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Is Kore.AI Right For Your Business?

Despite Kore.AI having limitless potential for AI agents and chatbots, the company markets itself as an enterprise solutions company in order to appeal to high-profile and international companies. That isn’t to say that their solutions can’t benefit smaller companies, but with no known price points on their plans, expect to pay a lot, even if you plan to use Kore.AI in a limited capacity.

Here’s a rundown of Kore.AI as a company for a better understanding:

Kore.AI CEO/Founder

Kore.AI was founded by journeyman entrepreneur Raj Koneru. Before starting Kore.AI, Koneru had led other tech companies to great success for over 2 decades, such as mobile app developer Kony.

Kore.AI Valuation

Kore.AI has an annual recurring revenue of $100 million per year. Furthermore, the company has been awarded over $150 million in funds from FTV Capital, NVIDIA, Vistara Growth, and other investors. According to Kapil Venkatachalam, the FTV Capital investment firm deems Kore.AI one of the most promising AI companies due to its easy profitability goals and global outreach. 

Kore.AI Pricing

Kore.AI sells two plans for clients: Standard and Enterprise. The Standard plan is the economical option with limits on monthly requests, test cases, and FAQs. The customizable Enterprise plan is meant to decrease or remove these limitations for a larger fee. There’s no definitive price for either plan at this time, and you’ll need to get in touch with the company for more details.

Kore.AI Clients

Kore.AI has a platform extensive enough to meet the needs of large and complex corporations, with scalable solutions that span across multiple departments and international bases. Some of these clients include Coca-Cola, PNC Bank, Cigna, AT&T, and Airbus.

What Makes Voiceflow The Ideal Kore.AI Alternative

Voiceflow offers a conversational AI platform that allows for easy, flowchart-based bot building very similar to Kore.AI. We also offer crucial advantages that work in the favor of small businesses and startups. Here are 3 great things to know about Voiceflow for new users:

  1. Get Started For Free. While Kore.AI offers a limited-time free trial, Voiceflow’s Sandbox tier allows you to test the Editor out at your own pace with 100,000 free AI tokens. This is the best way to see how our solutions can help your company before spending a single penny. You don’t even need to sign up with your credit card.
  2. Find A Plan For Your Business. Voiceflow has three paid plans available for small, mid, and large-scale businesses. Starting at just $50 per month, you can build a customized AI chatbot on a budget and gain a sudden edge over your competitors. Sign up with our Pro Plan for individual builders and receive a 14-day free trial.
  3. Extendable Developer Toolkit. Our platform is simple enough for any business owner to use, but for companies that want to integrate their own tools or creations, Voiceflow can import pre-existing API blocks and ChatGPT models. Learn more with our Quick Start Guide.

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Frequently Asked Questions

Is Kore.AI Free To Use?

Kore.AI offers a 30-day free trial for users who sign up for a Standard subscription for the first time.

Can I Cancel The Kore.AI Free Trial Before My Credit Card Gets Charged?

To cancel your Kore.AI free trial, send an email to info@kore.ai. Include your account details such as the email you used for the account so that customer service can handle your request in a timely manner. Alternatively, you can fill out the contact form here.

Where Can I Learn About Kore.AI Documentation?

Kore.AI has a vast knowledge base for how to create experiences using the Kore.AI bot builder. Visit developer.kore.ai and click on “Learn more” under either “Virtual Assistants” or “Process Assistants” to start reading comprehensive guides on the Platform’s various features and other tips and tricks.

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