[24]7.ai Appoints Recognized Sales Transformation Expert as Chief Revenue Officer

SAN JOSE, Calif., Aug. 13, 2018 /PRNewswire/ -- [24]7.ai, a global leader in intent-driven customer engagement solutions, today announced the appointment of Paul J. Loftus as chief revenue officer. In this role, Loftus serves as the company's revenue strategist, responsible for setting and executing the company's revenue acquisition and retention strategy. He will report directly to [24]7.ai Chief Executive Officer PV Kannan.

Loftus brings more than 20 years of experience in successfully leading sales transformations and building highly engaged, passionate teams. Prior to joining [24]7.ai, he served as the North American head of sales and revenue retention for Wolters Kluwer Tax and Accounting, a market-leading global information services company with headquarters in the Netherlands. Prior to that, Loftus spent 16 years at ADP, most recently as division vice president of ADP National Accounts.

"Paul's expertise in bringing about sales transformation is directly aligned with what we need to drive even greater growth in the years ahead," said Kannan, chief executive officer of [24]7.ai. "As our company expands and we continue to strengthen our position in the marketplace, Paul will be instrumental in building a strong pipeline and driving a consistent revenue stream. He brings a winning track record, a proven ability to build teams, and most importantly a desire to win in the marketplace."

"[24]7.ai has a tremendous market opportunity right now, using artificial intelligence to help companies dramatically improve customer experience," said Loftus. "Fortune 500 companies are hungry for technology that can deliver measurable business results and [24]7.ai leads the market in using AI to deliver measurable outcomes. I look forward to working with the company's world-class leadership team to take full advantage of this opportunity to drive accelerated growth and success."

About [24]7.ai

[24]7.ai is redefining the way companies interact with consumers. Using artificial intelligence and machine learning to understand consumer intent, the company's technology helps companies create a personalized, predictive and effortless customer experience across all channels. The world's largest and most recognizable brands are using intent-driven engagement from [24]7.ai to assist several hundred million visitors annually, through more than 1.5 billion conversations, most of which are automated. The result is an order of magnitude improvement in digital adoption, customer satisfaction, and revenue growth. For more information, visit: http://www.247.ai.

[24]7 and [24]7.ai are trademarks of [24]7.ai, Inc. All other brands, products or service names are or may be trademarks or service marks of their respective owners.

Contact
Oindrila Hazra
Manager, PR and Analyst Relations
[email protected]

SOURCE [24]7.ai