Jeeves Solutions, a
division of Ask Jeeves (Nasdaq: ASKJ), has announced the launch of
JeevesOne, its first packaged, question-answering software product.
The company said JeevesOne lets businesses install its
natural-language search software within company firewalls.
For the last three years, Jeeves has provided its search technology as
an outsourced service to such companies as Dell, Ford, Nike, British
Telecom and Verizon. The company said two-thirds of the U.S.
market prefers a customer self-service tool for corporate Web sites that
resides on in-house servers. Michelle Mehl, a senior manager with Ask
Jeeves, told CRMDaily.com that the new product has been in beta testing
for about four weeks with several of the company's existing corporate
clients, including Compaq.
Customer Analytics Added
Jeeves Solutions said JeevesOne ships with fourteen summary,
content optimization and customer analysis reports that track and
aggregate customers" questions -- which then can be used to highlight
Web site content holes and information gaps. The product also includes a
built-in ROI (return on investment) calculator, allowing companies to count how many
customer inquiries are being offset by use of self-service functions.
"While answering questions is seen as an absolute necessity for
corporate Web sites, the opportunity to profit from the insight gained
in question answering analysis has been largely ignored," said Claudio
Pinkus, president of Jeeves Solutions. The company cited IDC reports
that the worldwide call center services market reaped US$23 billion in
revenue in 1998, a number that is projected to grow to $58.6 billion by 2003.
Thus, Jeeves Solutions said, it believes the opportunity for well-constructed
and intuitive self-service options that also capture information about
what customers need and want is enormous.
Vertical Market Emphasis
Jeeves Solutions said it expects JeevesOne will increase its global market
opportunity more than fivefold. Mehl told CRMDaily that the company
first will target a series of vertical markets for its product --
financial services, telecommunications, technology,
retail and automotive.
The company said its evolution into an enterprise software company
gives it an opportunity to create alliances with other
technology and service providers. Therefore, it
intends to integrate its products more deeply with customers" content
systems and contact center infrastructures. Toward those goals, Jeeves
Solutions has formed a Strategic Alliances Group staffed by newly
recruited software professionals.
The new software is available now and is priced starting at
$100,000, according to the company. The product currently supports Windows NT
and Windows 2000, and Jeeves Solutions said support for additional platforms is in the
works.
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