Regalix - Best New Version of a Sales Enablement Solution
Company: Regalix, San Carlos, CA
Company Description: Nytro.ai is a modern sales enablement and coaching platform that enables sales reps with the remote selling skills required in the post COVID-19 era. Nytro.ai has received numerous awards including the 2020 Gold Stevie Award for Best New Sales Enablement Solution. Nytro.ai is based in Palo Alto, CA with offices in Australia and India. Customers include Google Cloud, VMware, Dell EMC and more.
Nomination Category: New Product & Service Awards Categories
Nomination Sub Category: Sales Enablement Solution – New Version
Nomination Title: Nytro.ai
New version on Nytro.ai was released on September 3, 2020: https://www.prnewswire.com/news-releases/regalix-nytro-launches-pitch-app---an-ai-powered-pitch-analysis-platform-that-prepares-sellers-to-master-the-sales-pitch-in-a-virtual-selling-environment-301123521.html
Nytro.ai’s (formerly Regalix Nytro) achievements are significant based on other players in the industry. First and foremost, Nytro.ai new version of its sales enablement platform that focuses on sales readiness and coaching, successfully beat out incumbents in the space to win key logos from F500 companies. There were several reasons for this which makes Nytro.ai the goto platform for enabling sales readiness and coaching. Nytro has a simple, elegant and modern UI that is easy to use. Deployment of the platform takes hours not days or weeks like some other players. Nytro.ai’s reports and dashboards provide granular analytics into rep performance for managers to quickly identify which sales reps are ready to sell in this new remote selling environrment and which sales reps need further training and coaching. Nytro.ai’s AI/ML technology assesses a sales reps pitch across a number of important dimensions including: clarity of speech, words per minute, topics covered, sentiment analysis, duration of speech and similarity to the base pitch. The AI/ML technology can assess pitches at scale and the analysis takes minutes - the result is a 60+% increase in manager & trainer productivity and 66+% reduction in pitch review time. This unique approach provides meaningful insights and actionable next steps for sales managers to improve pitch performance for those sales reps that require more coaching.
In addition, Nytro.ai includes pitch contests, leaderboards and gamification that makes the entire user experience fun and engaging resulting in high adoption and repeat usage over time. Nytro.ai has proven to improve sales reps remote selling skills which results in up to 29%+ increase in win rates by merely better preparing to articulate the sales pitch and communicate a winning demo to a prospect.
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2020 was a breakthrough year for Nytro.ai. Achievements include winning the Gold Stevie Award for Best New Sales Enablement platform and the Gold for Best Enablement program of the year by Customer Sales and Services Awards. Aragon Research awarded Nytro.ai (aka: Regalix Nytro) the Hot Vendor award for Best Sales Enablement Platform and also recognized Nytro.ai as an Innovator in Sales Training in Coaching in 2020. And for good reason. Nytro.ai is the most advanced sales enablement and coaching platform that integrates advanced AI/ML algorithms that enales sales reps to master the sales pitch.
Nytro.ai successfully beat out incumbents and landed deals with several Fortune 500 companies including: Google Cloud, Hitachi Vantara, Informatica, Dell EMC, VMware, SilverPeak (now HPE), Pure Storage, Servion and many others.
On July 9,2020 Aragon Research included Nytro.ai (formerly Regalix Nytro) in their 2020 Globe Sales Coaching and Learning report and had this to say:
Nytro has a powerful feature called Pitch Master (now called Pitch App), which allows reps to practice, master, and record their demo pitches. Nytro uses AI to analyze pitch submissions across a number of useful dimensions, including clarity of speech, duration of speech, coverage of topics, and more, to determine which reps are ready to sell digitally and which require more coaching. Nytro uses machine learning to power its context-sensitive recommendations for guiding sales and ongoing learning and coaching. The platform also integrates with Salesforce, Microsoft SharePoint, Google Drive, and other applications.