Five9 vs RingCentral

Five9 Debuts Agentic Voice AI Agents for Contact Centers

Five9 launched a new release of its Voice AI Agents and introduced AI Agent Studio at Customer Contact Week in Las Vegas on June 23, 2026. The solution targets enterprises seeking to replace scripted bots and legacy IVR systems with agentic AI for customer self-service. Key features include multi-agent orchestration, human-like voice interaction, secure tool calling, and context-rich warm handoffs between AI and human agents. The company also cited internal research showing 65% of organizations are implementing at least one AI use case, with self-service automation at 42%. Five9 reported record full-year 2025 revenue of $1.149 billion and Q1 2026 revenue of $305.3 million. CEO Amit Mathradas and CMO Jay Lee were recently appointed. Additionally, Five9 partnered with Google Cloud to launch a joint enterprise CX AI solution in January.

• Five9 launched new Voice AI Agents and AI Agent Studio on June 23, 2026.
• The release enables multi-agent orchestration and human-AI handoffs.
• Five9 reported Q1 2026 revenue of $305.3 million, up 9% year-over-year.

Five9 Raises AI Growth Outlook to 60% After Strong Q2

Five9 reported Q2 2026 revenue of $312.4 million, up 10% year-over-year, and subscription revenue growth of 14%. AI revenue accelerated 78% to $39 million, now representing 15% of subscription revenue, prompting the company to raise its full-year AI growth outlook to at least 60%. CEO Amit Mathradas highlighted a five-year, roughly $100 million total-contract-value deal with a Fortune 100 financial services firm, closed via the Google Cloud Marketplace, and argued that Five9's voice and routing heritage differentiates it from AI point solutions. The company also made three executive hires to shift from product-selling to platform-and-outcomes selling, and emphasized a growing trend of on-premises customers migrating to cloud to support agentic voice AI.

• Five9 reported Q2 2026 revenue of $312.4 million, up 10% year-over-year.
• AI revenue reached $39 million in Q2, up 78% year-over-year, and now constitutes 15% of subscription revenue.
• Five9 raised its full-year 2026 AI growth outlook to at least 60%, up from the previous 'more than 40%' outlook.

RingCentral Announces Plugin for ChatGPT and MCP Connectors for Claude

RingCentral announced a new plugin for ChatGPT and MCP connectors for Claude, enabling businesses to turn conversations into actions. This is a significant product integration with major AI platforms.

Aragon Research Defines $251B Intelligent Communications Experience Market

Aragon Research has introduced the Intelligent Communications Experience (ICX), a new enterprise technology category unifying unified communications, contact centers, and agentic AI into a single architecture. This convergence eliminates silos and integrates AI agents as first-class citizens alongside human employees, fostering a blended workforce for enhanced productivity. The ICX market is projected to grow from $152.13 billion in 2025 to $251.83 billion by 2031. Industry leaders including Intermedia, Mitel, RingCentral, and Vonage have validated the framework, aligning their product strategies with its core layers: core capabilities, ICX Engine, AI Fabric, and Agentic-Channel. This recognition is expected to drive vendor consolidation and M&A activity as providers build comprehensive platforms. Aragon Research provides the full research note to clients.

• Aragon Research defines the Intelligent Communications Experience (ICX) market, projected to grow from $152.13B in 2025 to $251.83B by 2031.
• ICX merges unified communications, contact center platforms, and agentic AI into a single framework supporting a blended human-AI workforce.
• Intermedia, Mitel, RingCentral, and Vonage have publicly validated the ICX model.

RingCentral Named to Business Insider's Most Innovative Businesses 2027

RingCentral, Inc., a leader in AI-powered customer engagement, has been named to Business Insider's America's Most Innovative Businesses 2027 list, produced in partnership with Plant-A Insights Group. The list recognizes publicly traded U.S. companies for strong innovation performance, combining industry reputation, technological impact, and R&D investment. The evaluation reviewed over 4,000 companies, with 500 recognized. RingCentral's inclusion highlights its Agentic Voice AI portfolio and its leadership in AI innovation. The company's President & COO, Kira Makagon, commented on the recognition, emphasizing the transformative potential of Agentic Voice AI in customer engagement.

• RingCentral was named to Business Insider's America's Most Innovative Businesses 2027 list.
• The list was produced in partnership with Plant-A Insights Group.
• Over 4,000 publicly traded U.S. companies were reviewed, with 500 recognized.