Five9 Contact Center as a Service (CCaaS)

About Five9

Five9 Contact Center as a Service (CCaaS)

Five9 is one of the larger contact center software providers and has been a leader in contact center as a service (CCAAS) for a number of years. Five9.com has been providing contact center software to customers since 2001. And their mission is to "transform contact centers into customer engagement centers of excellence".

Five9 has established itself as a leader in the industry, providing software to companies that need to handle customer interactions. Five9 has been recognized as a leader in the Gartner® Magic Quadrant™ for Contact Center as a Service (CCaaS) for multiple consecutive years. Five9 has a global presence and has a number of strategic partnerships and alliances with companies like BT and MCM Telecom and the opening of a new European Engineering Hub in Porto, Portugal, Five9 continues to build on its global presence and reinforce its mission to empower businesses with superior cloud contact center capabilities.

Five9.com offers a full featured cloud-based call center platform designed to handle both inbound and outbound communications efficiently. Their products and services are powered by Practical AI, automation, and cloud technology, ensuring business agility, operational streamlining, and the delivery of empathic, personalized customer service. With features like advanced call routing, predictive dialing, IVR self-service, and comprehensive omnichannel experiences, Five9 enables agents to create more effective customer interactions across various channels.

Five9  Features

Five9.com offers a number of features in their contact center as a service software, including:

1. **Inbound, Outbound, and Multichannel Contact Center Capabilities**: Five9's product line includes features for managing inbound and outbound calls, as well as offering multichannel support which allows for seamless integration of voice, SMS, chatbot, and mobile app communications.

2. **Agent Call Scripting**: Tools are available to guide agents through calls with scripted responses to ensure consistency and accuracy in customer interactions.

3. **Call Center Data Importing and Statistics**: Five9 provides advanced data importing capabilities for analytics and call center metrics, helping businesses to make informed decisions based on comprehensive statistics.

4. **Call Conferencing**: Facilitates easy call conferencing to allow multiple participants in a call, enhancing collaboration and resolution of customer issues.

5. **Cloud-Based Agility**: The platform is cloud-based, offering flexibility and scalability to businesses of all sizes, ensuring that the system can grow with the company’s needs.

6. **Omnichannel Unification**: Five9 supports a unified approach to customer service, allowing for a consistent and seamless customer experience across all available channels.

7. **CRM Integration**: Five9 easily integrates with existing CRM systems, ensuring that customer data is centralized and accessible, enhancing personalization and service quality.

8. **Artificial Intelligence (AI) and Intelligent Virtual Agents (IVAs)**: These technologies provide self-service options, real-time management, and assist live agents by automating routine tasks, leading to increased efficiency and improved customer experience (CX).

9. **Real-time Call Transcription and Analytics**: The software supports real-time call transcription and provides after-call analytics, helping in quality assurance and agent performance monitoring.

10. **Workforce Automation**: Automates about 45% of an agent’s daily administrative tasks, such as logging calls and sending follow-ups, thus increasing agent productivity.

11. **Predictive Dialer**: Includes advanced dialing modes like preview, progressive, and predictive dialing, which significantly improve the efficiency of outbound calling campaigns.

12. **Callback Scheduling and Call Recording**: For quality and regulatory purposes, calls can be recorded, and callbacks can be scheduled as needed, adding to the robustness of the service.

13. **Session Routing and Queuing**: Ensures that calls are routed and queued intelligently, reducing wait times and improving the overall customer service experience.

Five9  Pricing

Five9 offers five bundled paid plans for its contact center services. These plans are geared towards businesses with different needs, ensuring flexibility and scalability. Here's a breakdown of the available plans and their monthly costs per concurrent user:

- **Digital Plan**: Priced at $149 per month, it focuses on digital channels except for voice, allowing access to Chat, Email, SMS/MMS, and Social Messaging.

- **Core Plan**: Also priced at $149 per month, it is primarily focused on inbound, outbound, and blended call center features. Unlike the Digital plan, it doesn't include digital channels but does offer call center functionalities.

- **Premium Plan**: Available for $169 per month, this plan combines the features of the Digital Plan with voice calling capabilities. It includes Digital Engagement features (Chat and Email) but lacks workforce optimization and workflow automation tools.

- **Optimum Plan**: For $199 per month, it encompasses all Core and Premium features, while also offering enterprise-level quality management and workforce management capabilities, as well as basic proactive workflow notifications.

- **Ultimate Plan**: The top-tier plan is priced at $299 per month and includes all features from the Core, Premium, and Optimum plans, alongside advanced Workforce Optimization tools. It is designed for enterprise-level corporations seeking comprehensive contact center tools.

Five9  Customers

Five9.com has serviced an array of customers from different industries, improving their contact center operations significantly. Some of the notable customers include Omaha Steaks, Alaska Airlines, PING, Hanna Andersson, and From You Flowers. In addition to these companies, some other users of Five9's software or services as mentioned in the provided information include:

- Siemens AG, a manufacturing organization based in Germany, employing over 316,000 people and generating revenues of $77.18 billion.

- EF Education First, an education organization based in Switzerland, with 52,000 employees and $5.00 billion in revenues.

- NetSuite, a professional services organization in the United States, with 20,000 employees and revenues of $4.00 billion.

- Teladoc Health, Inc., a healthcare organization in the United States, with 5,600 employees and revenues of $2.41 billion.

- Teladoc, Hulu, Hancock Whitney, GoPro, and Empire Today are also listed among the companies utilizing Five9's solutions.

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Recent Five9 News

Five9 Named a Leader Again in the 2024 Gartner® Magic Quadrant™ for Contact Center as a Service
Five9 (NASDAQ: FIVN) has been recognized by Gartner as a Leader in the Magic Quadrant for Contact Center as a Service, reflecting its strong Completeness of Vision and Ability to Execute. The Five9 Intelligent CX Platform leverages AI to enhance customer interactions, delivering personalized experiences and improved business outcomes for over 2,500 customers worldwide.

October 31, 2024


Five9 Appoints Ajay Awatramani as Chief Product Officer to Drive Innovation and Growth
Five9 (www.five9.com) has appointed Ajay Awatramani as Chief Product Officer to lead its product strategy and vision, focusing on enhancing AI and customer experience (CX) offerings. Awatramani brings over 25 years of product experience from companies like Cornerstone OnDemand and Adobe, aiming to innovate and deliver exceptional value to Five9's customers.

October 31, 2024


Five9 to Report Third Quarter 2024 Financial Results on November 7, 2024
Five9, Inc. (Nasdaq: FIVN) has announced details for its third quarter 2024 financial results conference call, scheduled for November 7, 2024, at 4:30 p.m. Eastern Time, with registration available through a Zoom Video webinar. The live webcast and replay will be accessible on the Investor Relations section of the Five9 website at five9.com.

October 28, 2024


New Five9 Study Finds 75% of Consumers Prefer Talking to a Human for Customer Service
Five9 (NASDAQ: FIVN) released a survey highlighting that 75% of consumers prefer human interaction for customer support, indicating a need for brands to enhance online service as AI usage rises. Despite awareness of AI in customer service, nearly 48% of consumers do not trust AI-generated information, emphasizing the importance of transparency and empathy to build customer loyalty.

October 21, 2024


New Five9 Study Finds 75% of Consumers Prefer Talking to a Human for Customer Service
A new survey from Five9 reveals that 75% of consumers prefer interacting with a human for customer service, emphasizing the importance of human empathy alongside AI tools. As demand increases during peak seasons, companies are urged to enhance customer experiences and build trust through transparency in AI-human interactions.

October 21, 2024


Five9 Expands Global Footprint with New Data Centers in India
Five9.com has announced the establishment of two new data centers in Delhi and Mumbai, India, to enhance support for multi-national enterprises in delivering customer experience strategies. The company has also obtained the Department of Telecommunications (DOT) Unified License, allowing it to offer telephony and network connectivity services across the region.

October 14, 2024


Five9 Expands Global Footprint with New Data Centers in India
Five9.com has expanded its global presence by launching two new data centers in Delhi and Mumbai, India, to support multinational enterprises with their customer experience strategies. Additionally, Five9 has obtained a Unified License from India's Department of Telecommunications, allowing it to offer comprehensive telephony and networking services in the region.

October 14, 2024


Five9 Named Americas CCaaS Vendor Partner of the Year at 2024 Verint Engage Customer Conference
Five9 (five9.com) has been named Americas CCaaS Vendor Partner of the Year at Verint Engage 2024, marking the fifth time it has received this honor during its seven-year partnership with Verint. The award recognizes Five9's commitment to innovation in customer experience solutions through its recent cloud integration with Verint CX automation tools.

September 24, 2024