During the extended trading session on Tuesday, Upland Software, Inc. (NASDAQ: UPLD) saw its stock price rebound significantly. UPLD's stock climbed 6.34% to $2.85, recovering from a 3.94% decline in the regular trading session where it had settled at $2.68. Despite the absence of any immediate news, recent developments appear to have contributed to the stabilization of the stock price.
Table of Contents
Toggle- Innovative Developments At Upland Software
- Enhancing Productivity With Qvidian AI Assist
- Commitment To Security And Data Integrity
Innovative Developments At Upland Software
Last week, Upland Software (UPLD) announced a significant enhancement to its Upland Qvidian product. UPLD unveiled Qvidian AI Assist, a generative AI model intended to transform the proposal and response process.As a leader in RFP and proposal automation, Qvidian aims to streamline the creation of standout proposals and RFx responses with this new beta feature. Qvidian AI Assist exemplifies Upland's commitment to providing tools that boost user productivity by enabling personalized proposals.
Enhancing Productivity With Qvidian AI Assist
Qvidian AI Assist builds on the existing machine-learning capabilities of Qvidian, offering features that enhance user experience, streamline processes, and significantly increase productivity. The new generative AI features include:
- Enhancing AutoFill results with generative AI
- Facilitating easy revisions and answers with generative AI
- Improving accuracy and consistency through automatic flagging of AI-generated content
- Accelerating initiation with pre-made generative AI prompts
These features are designed to help users deliver consistent, compliant, and responsive proposals that are critical to winning business.
Commitment To Security And Data Integrity
Upland Software is committed to maintaining data security and integrity with the introduction of Qvidian AI Assist. The company has implemented stringent measures to keep data isolated, tracked, and secure. The AI Council at Upland Software oversees multiple generative AI initiatives across its product stack, ensuring a robust security framework.
This includes a dedicated security and compliance team, year-round live monitoring and reporting, proactive risk assessments, and coordinated threat responses. Moreover, Upland Software adheres to a strict data-isolation and non-training policy.
Information processed by or returned from generative AI models is not used to train those models, preventing the unintended incorporation of sensitive or private data. This approach underscores Upland Software's dedication to staying ahead of security threats and maintaining the highest standards of data protection.