Gong Recognized for AI Leadership with Spot on Forbes AI 50 List
April 12, 2023
Co-Founder and Chief Product Officer at Gong
Company
Co-Founder and Chief Product Officer at Gong
Eilon Reshef is the Co-Founder and Chief Product Officer at Gong, the leading platform in the revenue intelligence space. Since co-founding Gong in 2015, Eilon has spearheaded its product and engineering efforts, transforming how sales teams harness data to drive success. Gong uses AI to analyze sales interactions, offering actionable insights that help businesses grow revenue. Prior to Gong, Eilon co-founded Webcollage, a SaaS platform for e-commerce infrastructure. With deep expertise in product strategy and AI, Eilon is a key figure in advancing sales technology and operations.
At Gong, AI is in our DNA – and it has been since day one. Amit and I started Gong in 2015 because we knew AI had advanced and was getting to the point where it could capture and understand sales conversations. We saw enormous potential to help revenue teams and sift through all the knowledge–which at the time only resided in people’s heads–and help organizations make better decisions and drive growth through surfacing actionable insights and recommendations tailored specifically to their businesses.
Recognition by Forbes AI 50
So today, we are proud to share that Gong was named to the Forbes AI 50 list – a list of 50 privately-held companies that are doing innovative work in artificial intelligence. This is the third time Gong has been recognized on this list. This year, nearly 800 submissions were received globally, and the winners were selected by Forbes along with Sequoia Capital and Meritech Ventures.
State of AI in the Current Market
We are at a critical juncture for enterprise AI. Forbes notes, “While the rest of venture capital suffers from the market pullback, the AI sector has boomed.” Gartner projects slowed growth in worldwide enterprise IT spend this year vs. last year – but at the same time, dollars are being reallocated to high-promise areas, like AI. According to IDC, global spending on AI will reach $154 billion in 2023, an increase of 26.9% over the amount spent in 2022.
Gong’s AI Engine and Its Capabilities
Gong’s AI engine is trained specifically for revenue teams. We’ve trained our models on multiple types of video calls, phone calls, emails, accounts and deals. As a result, our platform provides a deep understanding of customer interactions, insights that are four times more accurate than any other solution provider’s. What’s more, Gong is the only provider that lets its customers’ business users train their own LLM-based models to guide Gong to identify concepts unique to them. And now, our AI leadership extends to generative AI, where our proprietary model creates highly personalized and contextualized content, such as prospecting emails and meeting summaries, which significantly increase team productivity and efficiency.
The Future of AI and Gong’s Vision
AI has accelerated with great velocity since Gong’s inception, and I’ve never been more excited about its potential to transform revenue teams.
For more information on the Forbes AI 50 2023, and to see the full list, click here.
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