Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Salesforce beefs up agent capabilities with Convergence acquisition

By CIO Dive by By CIO Dive
May 15, 2025
Home Enterprise IT
Share on FacebookShare on Twitter


This audio is auto-generated. Please let us know if you have feedback.

Dive Brief:

  • Salesforce plans to bolster its agentic AI capabilities with the acquisition of Convergence.ai, the CRM vendor said in a Thursday announcement. The startup develops task-automation tools that can perform complex tasks and adapt to some changing conditions in real time, according to Salesforce.
  • Salesforce will leverage Convergence technology and talent to advance Agentforce, an agent-building and orchestration platform it deployed last year. The acquisition is expected to close in Q2 of Salesforce’s fiscal year 2026, which ends July 31. Terms of the deal were not disclosed.
  • “This acquisition represents the direction Salesforce wants to take with AI,” Mila D’Antonio, principal analyst of customer engagement at Omdia, said in an email to CIO Dive. The vendor is banking on the agent platform to shape its CRM strategy by adding autonomous capabilities that go beyond today’s copilots, D’Antonio added.

Dive Insight:

Agentforce is a critical platform for Salesforce, as agentic AI has taken hold of the CRM market. In February, CEO Marc Benioff described the company’s Q4 as “the quarter of Agentforce,” highlighting that 5,000 customers have signed on to the platform as of October — 3,000 of which are paying for the service.

“Salesforce is betting the farm on Agentforce,” said Kate Leggett, Forrester VP and principal analyst, in an email to CIO Dive. “As AI agents become more mature, it erodes the value of their current clouds.”

The company’s efforts to port its products to Agentforce so that it can better align data and workflows across its clouds is grounded in its AI-focused strategy, as is its push to fuel agents with Salesforce Data Cloud customer data, Leggett said. 

A flexible pricing plan for Agentforce announced Thursday, also plays into the platform strategy. The move indicates Salesforce is “rethinking their pricing model to protect their revenue stream as more user seats transition to AI work,” Leggett said.

The new pricing model includes flex credits, which come in packs of 100,000 for $500, to scale Agentforce across workflows; a Flex Agreement that enables companies to shift between user licenses and flex credits as needed; and Agentforce user licenses and add-ons, a per user, per month plan for unlimited access to customer-facing agents.

Acquiring Convergence brings AI talent along with technology, Salesforce said in the announcement. Convergence, co-founded in 2024 by two machine learning engineers, boasts employees from Google DeepMind, PolyAI and Meta and “brings in a highly skilled team that Salesforce clearly wants to build around,” D’Antonio said.

“What Salesforce is aiming for [with] Convergence is a step-change from Einstein where AI agents can actually perceive context, make decisions and adapt dynamically across complex workflows,” said D’Antonio, referencing the company’s first AI platform released in 2016. “Eventually an AI agent will manage an entire customer engagement from end to end.”

Disclosure: Informa, which owns a controlling stake in Informa TechTarget, the publisher behind CIO Dive, is also invested in Omdia. Informa has no influence over CIO Dive’s coverage.



Source link

By CIO Dive

By CIO Dive

Next Post
ePlus Announces Fourth Quarter and Fiscal Year 2025 Earnings Release Date and Conference Call

ePlus Announces Fourth Quarter and Fiscal Year 2025 Earnings Release Date and Conference Call

Recommended.

Un chef de file mondial ! Huawei Cloud Stack se classe au premier rang mondial pour la stratégie et l’exécution de CloudOps

Un chef de file mondial ! Huawei Cloud Stack se classe au premier rang mondial pour la stratégie et l’exécution de CloudOps

February 15, 2025
Cisco: Attacker Accessed Nonsensitive User Data In CRM System

Cisco: Attacker Accessed Nonsensitive User Data In CRM System

August 5, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio