Nettle AI

By 2021, more than 50% [1] of large companies will annually spend more on chatbots and virtual assistants than on mobile applications. Up to 80% [2] of companies plan to introduce their own chatbots this year. The estimated growth of the intelligent conversational technology market is 30% (CAGR 2019-2024). The Slovak technology start-up Nettle AI is revolutionising customer-oriented sectors, for which effective and problem-free communication is of key importance in terms of cost savings, sales support and maintaining the quality of customer service. The company provides a comprehensive portfolio of conversational artificial intelligence tools using advanced machine learning and natural language processing technologies. They are able to independently recognize the text, analyse it, and above all meaningfully respond and perform other operations without the need for human intervention. For example, if you participate in a chat with a bank in the near future and try to get answers to questions or need help with carrying out payment operations, technologies from Nettle AI will be behind it. Nettle AI's conversational artificial intelligence ranks among the best in the world and is used to communicate with customers by major technology companies and financial institutions including Eset, Samsung, ČSOB and 365 banka, among others. 

• New-generation technology and messenger agency, leading position on markets in Central and Eastern Europe
• Comprehensive conversational AI platform suitable for large corporations - technology developed on a turnkey basis with installation on the client's server with maximum protection of data flows 
• The Nettle AI virtual assistant can rationally respond to a wide variety of questions and requests without human intervention in several languages, including English and German, as well as Slovak and other Central European languages
• The company's growth potential is driven by progress in the development of AI, automation and the popularity of messenger platforms (more than four billion users [3]) 
• Significant cost reduction - Nettle AI's technologies can ensure 24/7 support, while being able to fully replace or supplement operations centre employees 
• Worldwide, by 2023 [4], companies will save 2.5 billion customer-service hours, which will bring annual cost savings in the value of USD 11 billion for retail, banking and healthcare. The total value of e-commerce transactions driven by chatbots should be USD 112 billion by 2023.