New Breakout Alert Vocodia Holdings Corp. (Ticker: VHAI)
Groundbreaking Conversational AI on the Verge of
Disrupting a $66 Bln AI Industry⦠Hi âFDRâ Member, Vocodia Holdings Corp. (VHAI) is currently running pre market up as high as +7% this morning. Could this be the run we have been waiting for? Do not miss out on this opportunity, the market opens very soon and the early activity could be an indicator of what is in store for VHAI. The company released some interesting news yesterday that we will be dissecting this morning. The news shows extreme confidence from the founder and management team, check it out here. [Vocodia Announces Founder and Management Team Investments in Company IPO]( CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) â Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that the Companyâs senior management team invested in Vocodiaâs Initial Public Offering (âIPOâ) that was completed on February 22, 2024. Brian Podolak, Co-Founder, Chief Executive Officer and Director of Vocodia, invested $400,000 through the purchase of 94,117 units of the IPO. James Sposato, Co-Founder, Chief Technology Officer and Director, and Scott Silverman, Chief Financial Officer, also participated in the IPO. All units were purchased at the offering price of $4.25. Mr. Podolak commented, "The team and I are proud to demonstrate our strong belief in Vocodia's future growth by participating alongside our investors in the Company's IPO." Following the IPO, Mr. Podolak and Mr. Sposato each hold approximately 1.1 million shares of Vocodia's common stock and Mr. Silverman holds approximately 131,000 shares. A true pioneer in the field, Vocodia's proprietary AI boasts dedicated phone switches capable of handling 20,000 calls simultaneously, eradicating hold times and propelling the client company into a new era of efficiency and customer satisfaction. FDR Initiates Full Coverage of Vocodia Holdings Corp. (Ticker: VHAI). Your new breakout alert is a new red hot breakout "IPO" in the Booming $377 Bln conversational AI market that is exploding. Savvy investors are looking at a potential $377 Bln Booming industry by 2030. Imagine getting lucky getting into Amazon, or Facebook, or even TESLA at the very beginning when they too just went public? The Company has several bullish catalysts in the pipeline and is on the verge of disrupting a $66 Bln AI industry. The global market for AI continues to experience rapid growth, growing from a projected $433 Bln in 2022 to over half a Trln in 2023. Although projections vary, the global AI market is expected to grow exponentially to nearly $1.6 Trln by the end of the decade, with Gartner estimating the conversational AI market to reach $377 Bln in revenue by 2032. up from $66 Bln in 2023, The AI Market is Experiencing Exponential Growth  The market for AI technologies comprises three primary segmentsâsoftware, hardware, and services. While the software segment is by far the largest, Vocodiaâs placement in both the software and service segments highlights the unique breadth of the Companyâs potential.  Having attained a remarkable degree of success since its initial product release, Vocodia is positioned to grow through continued platform innovation and expanded marketing efforts.  This year the Company is launching into the next phase by broadening its offerings to include professional services, DISA 2.0, and database integration, in order to expand its sales and service channels. About Vocodia Holdings Corp. Vocodia is an AI software company that build practical AI functions and makes them easily obtainable for businesses on cloud-based platform solutions at low costs and scalable to multiagent vast enterprise solutions. Vocodia is a conversational AI software developer and provider that offers scalable enterprise-level AI sales and customer service solutions which allow for AI sales representatives to reduce human labor costs and responsibilities while increasing the reach and efficacy of human-led, purposeful, agenda driven and conversational communications. Vocodia deliver its patent pending conversational AI software in the form of Digital Intelligent Sales Agents (the "DISAs"), which are built with AI software programmed to sound and feel human and to perform business tasks that require humans to converse with one another effectively, and thus to provide the best representation for each of its customers' businesses. 6 Reasons Why Vocodia (Ticker: VHAI) Is Poised
For Significant Upside Potential - Market Momentum: With the AI market experiencing rapid growth, Vocodia is well-positioned to capitalize on this trend by leveraging advancements in technology and shifting user expectations. Gartner estimates the conversational AI market to reach $377 Bln in revenue by 2032, reflecting a significant demand for enhanced customer experiences and innovative AI applications. - Voice Quality: We provide AI with high-level voice quality and seeks to deliver superior service in the marketplace. - Quality Sales: We use the following sales and marketing strategy: Prospects â Qualifies â Closes â Processes Orders â Upsells. Our DISAs are able to generate more leads and more transfers to clients so they can sell or upsell their new leads and transfers on their products. We believe that our customers can become more efficient by hiring DISA âfrontersâ, rather than traditional âfrontersâ. These traditional human âfrontersâ have served as the driving force in call centers making 150 or so calls daily to qualify potential clients. Once qualified, they then transfer the call to another department of the call center which handles the final transactional element of the sales call. The fronter position is the high turnover, low pay, very hard to hire, part for call centers that are the costliest and least productive. We automate this part of the process using AI to make these calls, instead of the human fronters. In addition, AI only has to be trained once, does not take vacation, can call 24/7, and could cost less than human fronters. Thereby, corporate clients can receive the same level of sales expected from their top 85% of employees. We deliver effective, dependable, scalable to the hour, low variance sales and customer service solutions. - Affordability: AI sales agents (also known as AI bots) cost less than one-third of human sales agents without human issues that tend to affect the processes, human resources and bottom line. - Scalability: Our software is cloud-based and Application Programming Interface (âAPIâ)-friendly, which is interoperable with third-party platforms. We offer companies scalable enterprise-level AI sales and customer service solutions which reduce human labor costs and responsibilities while increasing the reach and efficacy of human led, purposeful, agenda driven and conversational communications. - Compliance: DISAs parameters are set by our clientsâ needs and uploaded data. These inputs can include, but are not limited to, recordings, scripts and rebuttals supplied by a respective client. We use our clientsâ data and trains their respective DISAs to converse with prospective customers, qualify them, and then transfer the call to a âcloserâ to sell to the customer. The AI/DISA can only say what they are trained and programmed to say. We believe this will lead to higher level of compliance, avoiding impromptu human errors which will not occur for our DISAs. - Speedy Training: The AI can be trained in 3 days with: recordings of existing sales calls; and sales script for baseline and target goals. AI bots also continue to learn on the job from call interactions, thus machine learning progressively improves over time. Competitive Advantages Vocodia has created software that is intended to replicate the functions of human sales representatives, such as calling prospects by telephone, announcing the purpose of a call and reason for the call, and identifying interest in a conversational manner. The AI/platform can be programmed for each client to provide scalable solutions which can reduce sales inefficiencies and improve customer service results. They commoditize and standardize their AI solution to improve traditional sales and customer service support operations in order to meet their clientsâ sales and service goals. Additional Opporâtunities Vocodia plans on pursuing opportunities beyond their present goals of delivering sales and customer service software agents. Vocodia believes there may be other uses of their conversational AI software and platform, such as in the areas of education, including the areas of philosophy, and religion. In the long run, they envision a world in which businesses and consumers have conversational AIs, such as their DISAs, performing the tasks of humans-all the while-maximizing efficiencies in many fields and improving timing, quality, budget, and convenience, using automated tools. In short, Vocodia aims to make the world a better place by using their proprietary AI to improve current processes. Technology Vocodia believes that hawse have built, and will continue to build, AI conversational systems that sound virtually the same as humans. Proprietary software and systems have been developed in-house from scratch with streamlined integration and a growing number of CRMs and platforms all over the world. Vocodiaâs software use Artificial Intelligence, Augmented Intelligence, Natural Language Processing and Machine Learning to provide a robust, continuously learning engine which can perform multiagent functions simultaneously. Vocodiaâs software is cloud-based, permitting easy API integration with most systems and platforms commonly used by businesses today. Products Vocodia has developed and released its first software product and platform, which they refer to as âDISAâ which is a humanized conversational AI technology DISA sales agent that can complete each stage of the conversational aspect of the sales process, business-to-business (âB2Bâ) and business-to-consumer (âB2Câ). Vocodiaâs prospects for direct software sales are any enterprise clients who are in the phone and call center markets. The initial sales targets were call centers who needed to replace poor performing staff in the pre-Covid-19 era. Now, their sales targets have shifted to filling empty seats in the call centers. Their technology consists of a virtual agent, the DISA. In the current marketplace, they consider any corporate client with a 50-seat call center at a telephony location a potential sales client. These potential clients span many industry verticals, including but not limited to, health, solar, employee retention credit, insurance, recruiting and real estate, automotive, cruise lines and hospitality and lodging. Vocodiaâs AI sales agents not only sell and serve prospects and customers, but also gather and report robust intelligence from customers and the marketplace. Vocodiaâs DISAs are programmed to instantly answer customer service calls and to upsell and provide personalized customer care. I am urging all of my FDR members to add Vocodia Holdings Corp. (VHAI)  to the top of your watch list right now, and be ready this morning at the opening bell! To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. 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