July 24, 2025
5 min read
Investing.com
SoundHound AI teams up with AVANT to expand distribution of its Amelia 7.0 and Autonomics AI platforms across multiple industries.
SoundHound AI, Inc. (NASDAQ:SOUN), a rapidly growing AI technology company with over 100% revenue growth in the past year and a market capitalization of $4.9 billion, has announced a strategic partnership with AVANT Communications. This collaboration will enable AVANT’s network of Trusted Advisors to offer SoundHound’s Amelia 7.0 AI agent platform and Autonomics platform to enterprise clients.
The partnership aims to accelerate the adoption of SoundHound’s conversational AI technology across various sectors including financial services, insurance, retail, and healthcare. Businesses will be able to deploy AI agents that automate customer service and business operations, improving efficiency and customer engagement.
Andrew Pryfogle, Head of CX and AI & Global Education Lead at AVANT, stated, "Our Trusted Advisors are constantly seeking out transformational technologies that drive efficiency and elevate customer experiences, and SoundHound’s AI capabilities stand out in both innovation and enterprise readiness."
The Amelia platform is designed to handle complex customer interactions by coordinating multiple specialized AI agents through voice and text channels. It leverages automatic speech recognition technology to enable natural communication and uses large language models (LLMs) for advanced reasoning capabilities.
SoundHound’s Autonomics platform provides AI-driven orchestration of IT systems through a unified interface. It was recently recognized as an "Exemplary provider" in ISG’s 2025 AIOps Buyers Guide.
AVANT, known as the nation’s premier Technology Services Distributor, supports its advisor network with its Pathfinder decision-making platform and industry research to guide technology purchasing decisions.
Steve Plunkett, Vice President of Global Partnerships and Channel Sales at SoundHound AI, emphasized that the partnership will scale access to AI agents and enable "smarter, more efficient customer engagement across industries."
In recent financial news, SoundHound AI reported first-quarter 2025 revenues of $29.1 million, slightly below estimates. Despite this, the company maintained its full-year revenue guidance, with Amelia contributing about 60% of first-quarter revenue. Additionally, SoundHound AI partnered with Allina Health to introduce an AI agent named Alli, aimed at enhancing patient services such as appointment management and potentially prescription refills.
Analyst opinions vary: Piper Sandler downgraded SoundHound AI from Overweight to Neutral due to concerns about the second half of 2025, while Northland maintained a Market Perform rating with an $8 price target. H.C. Wainwright lowered its price target to $18 from $26 but kept a Buy rating, highlighting the company’s potential to drive efficiencies and cost savings.
SoundHound AI’s technology is also being applied by companies like Peter Piper Pizza to manage phone orders, demonstrating the versatility of its AI solutions.
For deeper insights into SoundHound AI’s valuation and growth prospects, InvestingPro subscribers can access a comprehensive Pro Research Report.
Source: Investing.com
FAQ
Q: What industries will benefit most from SoundHound’s AI technology through this partnership?
A: Industries such as financial services, insurance, retail, and healthcare stand to benefit significantly from the integration of SoundHound's conversational AI technology to enhance their customer service and operational efficiencies.
Q: What are the capabilities of the Amelia AI agent platform?
A: Amelia is designed to coordinate multiple specialized AI agents to handle complex customer interactions through voice and text, using automatic speech recognition and large language models for advanced reasoning.
Q: How will SoundHound's Autonomics platform enhance IT orchestration?
A: The Autonomics platform offers AI-driven orchestration of IT systems via a unified interface, enabling more streamlined and efficient IT processes.
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