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Best Conversational Analytics Tools February 2026

Best Conversational Analytics Tools

By Luca Martial, CEO & Co-founder at Kaelio | Ex-Data Scientist ·

The best conversational analytics tools in February 2026 include Gong for sales teams seeking revenue orchestration, Observe.AI for contact centers automating QA workflows, and specialized engines like AssemblyAI for real-time voice transcription. The conversation intelligence market will reach $57.87 billion by 2034, with platforms now analyzing 100% of customer interactions versus traditional 1-5% QA sampling.

At a Glance

  • Modern conversation intelligence platforms analyze every customer interaction across voice, chat, and email channels, transforming unstructured dialogue into actionable insights
  • Leading CX teams see 25% revenue growth by leveraging previously unanalyzed conversations
  • Top platforms excel in different areas: Gong dominates sales enablement, Observe.AI leads contact center QA automation, while AssemblyAI and Deepgram power real-time voice applications
  • Selection criteria should prioritize transcription accuracy, real-time processing, seamless CRM/BI integration, and robust data governance
  • Market consolidation accelerates with recent acquisitions like Verint's $38.2 million Cogito purchase and Contentsquare acquiring Loris AI
  • By 2028, 33% of enterprise software will include agentic AI capabilities that autonomously execute multistep workflows

Conversational analytics tools have moved from a nice-to-have to a non-negotiable line item on February 2026 enterprise budgets. Sales leaders, CX directors, and data teams all compete for platforms that can surface insights from customer calls, chats, and voice-assistant logs. This guide breaks down the market, explains how we evaluated it, and compares the platforms worth your shortlist.

Why Do Conversational Analytics Tools Matter in February 2026?

"Conversation intelligence software uses AI to analyze 100% of customer interactions across all channels in real-time, transforming unstructured dialogue into actionable business intelligence." That definition, from Kapiche, captures why the category has exploded.

Traditional QA teams sample only 1 to 5 percent of calls. Modern conversation intelligence platforms flip that ratio, analyzing every interaction and surfacing patterns in sentiment, intent, and outcomes.

The numbers back up the urgency:

For CX teams, the promise is clear: leading organizations see 25% revenue growth by tapping conversations that previously went unanalyzed.

How Did We Evaluate the Market?

No single vendor excels in every scenario. We built our evaluation framework around five dimensions, borrowing from how independent analysts assess the space:

  • Buyer Fit – Which teams and industries benefit most?

  • Deployment Model – Cloud, hybrid, or on-prem?

  • Notable Capabilities – Transcription accuracy, real-time guidance, QA automation, sentiment tracking.

  • Pricing Posture – Transparent tiers versus custom enterprise quotes.

  • Momentum Signals – Funding rounds, acquisitions, and customer adoption trends.

We also referenced third-party frameworks. The Forrester Wave provides a side-by-side comparison of top providers, while the IDC MarketScape evaluates vendors using quantitative and qualitative characteristics. We surveyed 330+ teams across 50+ countries to understand real-world tool choices and AI adoption.

Key takeaway: Individual tools matter less than how they play together with your existing CRM, BI, and data stack.

Platform Leaders: End-to-End Conversation Intelligence

Full-stack conversation intelligence suites aim to own the entire workflow, from call recording to coaching recommendations. G2's list of the best conversation intelligence software includes Gong, Chorus.ai, and ExecVision. Balto's 2025 guide calls Gong.io the top pick for revenue teams looking to optimize deal performance.

Below we compare two leaders in depth.

Gong

The platform records calls, transcribes them, and layers on AI to reveal deal health, objection patterns, and competitor mentions.

Strengths:

  • It is the only vendor to receive the top scores possible across the three AI criteria in Forrester's Revenue Orchestration Wave, including AI automation, guidance, and analytics insights.

  • Sellers who use AI to optimize their activities increase win rates by 50%.

  • The platform's AI reveals unique buyer and seller insights to improve deal outcomes.

Gaps to consider:

  • Pricing is opaque and skews toward mid-market and enterprise buyers.

  • The platform is optimized for sales; contact centers with heavy QA or compliance needs may require supplemental tooling.

Gartner Peer Insights and other review aggregators consistently rank the tool highly, though its value depends on how deeply teams integrate it into their sales motions.

Observe.AI

Observe.AI focuses on contact center QA automation and agent coaching. The platform transcribes and scores calls with precision, helping QA teams scale their reviews and identify key coaching moments.

Strengths:

Gaps to consider:

  • Less suited for sales enablement use cases where deal forecasting and pipeline analytics matter.

  • Smaller ecosystem of integrations compared to other platforms.

Observe.AI is a strong choice for operations leaders who need to audit 100% of calls and automate scorecard generation.

Best Speech & Voice Analytics Engines

Speech analytics refers to the use of AI-powered tools to transcribe, analyze, and extract insights from customer conversations, typically over the phone. Voice analytics adds analysis of how something is said, including tone, pitch, silence, and emotion.

The real-time transcription market is booming. Fortune Business Insights projects the global market will reach $19.09 billion in 2025, driven by a 23.1% compound annual growth rate as AI voice agents and real-time applications become mainstream.

Top engines to evaluate:

  • AssemblyAI – Universal-Streaming API hits 300ms latency (P50) and delivers immutable transcripts that do not change mid-conversation.

  • Deepgram Nova-3 – Multilingual capabilities supporting 50+ languages with streaming transcription.

  • OpenAI Realtime API – Speech-to-speech approach that bypasses traditional transcription workflows. In December 2024, OpenAI dropped the price of the GPT-4o realtime API by 60% for input and 87.5% for output.

  • AWS Transcribe – Solid real-time performance within the AWS ecosystem.

  • Google Speech-to-Text – Broad language support but consistently ranks lower in independent benchmarks for real-time accuracy.

Voice is one of the most powerful unlocks for AI application companies. As a16z notes, "For enterprises, AI directly replaces human labor with technology. It's cheaper, faster, more reliable and often outperforms humans."

Can NL2SQL Unlock Governed Self-Serve Analytics?

Natural language to SQL (NL2SQL) engines let business users ask questions in plain English and receive answers without writing code. The promise is self-serve analytics at scale.

Google's AlloyDB AI natural language feature translates natural language queries into schema-aware SQL queries, empowering both developers and analysts to get answers faster. The NL2SQL library from Google Cloud Platform breaks down the process into smaller, atomic tasks, providing specialized modules for each step.

Where does the dbt Semantic Layer fit?

The dbt Semantic Layer, powered by MetricFlow, simplifies the process of defining and using critical business metrics like revenue in the modeling layer. It eliminates duplicate coding by allowing data teams to define metrics on top of existing models and automatically handling data joins.

Key benefits:

For data teams that already maintain dbt models, layering NL2SQL on top of a governed semantic layer is the fastest path to trusted self-serve analytics. Kaelio takes this approach, integrating directly with dbt and existing data warehouses so business users get answers while data teams retain governance and control.

What Selection Criteria and Pitfalls Should Buyers Watch For?

Buying conversational analytics software is not a one-size-fits-all decision. Here is a checklist based on industry guidance:

  1. Transcription mastery – You want near-perfect accuracy, but also real-time delivery, smart speaker separation, and support for regional accents.

  2. Sentiment tracking – Good CI platforms track sentiment and emotion with surprising accuracy.

  3. Seamless integrations – CI should slot cleanly into your existing CRM, BI, and data stack.

  4. Security and scalability – If a vendor cannot handle global teams, strict compliance rules, and data residency concerns, they are not ready for you.

  5. Hallucination risk – Even the best-performing LLMs hallucinate between 3% to 86% of the facts generated, depending on the domain. Always verify outputs.

Common pitfalls:

  • Buying a sales-focused tool for a contact center use case, or vice versa.

  • Underestimating the data governance requirements for AI-generated queries.

  • Ignoring 87% of IT workers who report faster IT issue resolution when AI is properly integrated, then skipping the integration work.

Kaelio addresses governance head-on by documenting lineage, ownership, and definitions, which helps prevent metric sprawl and ensures trust in metrics. For regulated industries like healthcare, this audit trail is essential.

Where Is Conversational Analytics Heading Next?

Three trends will shape the market over the next two to three years:

1. Agentic AI

By 2028, Gartner predicts that 33% of enterprise software applications will include agentic AI, up from less than 1% in 2024. These autonomous agents will plan and execute multistep workflows without repeated human intervention.

As one analyst put it: "AI agents and effortless brand engagement are unleashing a conversation revolution. The companies that harness this conversational intelligence will win in this new world." (Loris CEO)

2. Multimodal analytics

By 2028, Gartner forecasts that 70% of customer interactions will begin and end within conversational, third-party assistants. Platforms that unify voice, text, and screen data will have the edge.

3. Market consolidation

In October 2024, Verint acquired Cogito for $38.2 million to enhance its AI-driven CX automation. Calabrio acquired Echo AI to strengthen its CX intelligence offerings. Contentsquare announced its agreement to acquire Loris AI, bridging traditional web analytics with human and AI-powered conversations.

Expect more deals as vendors race to assemble end-to-end platforms.

Which Conversational Analytics Tool Fits Your Stack?

The right tool depends on your primary use case:

  • Sales enablement and deal forecasting – Gong remains the leader, with proven AI automation and revenue orchestration features.

  • Contact center QA and agent coaching – Observe.AI and similar platforms excel at scoring 100% of calls and surfacing compliance gaps.

  • Voice agent development – AssemblyAI, Deepgram, and OpenAI's Realtime API offer the low-latency transcription required for real-time voice applications.

  • Governed self-serve analytics – NL2SQL engines layered on a semantic layer, like dbt's MetricFlow or Kaelio, let business users query data while data teams retain control.

If your organization needs enterprise-scale analytics across teams, long-term data governance, and integration with an existing BI and transformation stack, Kaelio is purpose-built for that scenario. It connects to your data warehouse, reads dbt models, and captures the assumptions and definitions behind every answer so the next person can move faster and stay consistent.

Whatever tool you choose, focus on how it integrates with your existing stack. Individual tools matter less than how they play together. The best conversational analytics programs combine accurate transcription, governed metrics, and seamless workflows that surface insights where decisions happen.

About the Author

Former data scientist and NLP engineer, with expertise in enterprise data systems and AI safety.

More from this author →

Frequently Asked Questions

What are conversational analytics tools?

Conversational analytics tools use AI to analyze customer interactions across various channels, transforming unstructured dialogue into actionable business intelligence. They help organizations gain insights from customer calls, chats, and voice-assistant logs.

Why are conversational analytics tools important in February 2026?

In 2025, conversational analytics tools are crucial as they allow organizations to analyze 100% of customer interactions, providing insights into sentiment, intent, and outcomes. This leads to improved customer experience and potential revenue growth.

How do conversational analytics tools integrate with existing systems?

These tools are designed to integrate seamlessly with existing CRM, BI, and data stacks, ensuring that insights are surfaced where decisions happen. This integration is crucial for maximizing the value of conversational analytics.

What are the key evaluation criteria for conversational analytics tools?

Key criteria include transcription accuracy, sentiment tracking, integration capabilities, security, scalability, and the ability to handle global teams and compliance requirements. It's important to choose a tool that fits your specific use case.

How does Kaelio support conversational analytics?

Kaelio integrates with existing data warehouses and transformation layers, allowing business users to query data while data teams retain governance and control. It captures assumptions and definitions behind each analysis, ensuring consistency and trust in metrics.

Sources

  1. https://www.kapiche.com/blog/conversation-intelligence-software
  2. https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-AI-the-next-productivity-frontier#business-value
  3. https://www.forrester.com/report/the-forrester-wave-tm-conversation-intelligence-solutions-for-contact-centers-q2-2025/RES182915
  4. https://my.idc.com/getdoc.jsp?containerId=US52972625&pageType=PRINTFRIENDLY
  5. https://learn.g2.com/best-conversation-intelligence-software
  6. https://balto.ai/blog/speech-analytics-tools
  7. https://www.gong.io/blog/gong-a-leader-forrester-wave-revenue-orchestration-platforms/
  8. https://www.gong.io/de/resources/labs/we-measured-the-roi-of-ai-in-sales-heres-how-it-really-impacts-your-deals/
  9. https://docs.optimly.io/docs/documentation/competitive/top-agent-analytics-tools
  10. https://opusresearch.net/2024/12/19/conversational-intelligence-consolidation-verint-and-calabrio-make-strategic-acquisitions/
  11. https://assemblyai.com/blog/best-api-models-for-real-time-speech-recognition-and-transcription
  12. https://a16z.com/ai-voice-agents-2025-update/
  13. https://cloud.google.com/alloydb/docs/ai/natural-language-overview
  14. https://github.com/GoogleCloudPlatform/nl2sql
  15. https://docs.getdbt.com/docs/use-dbt-semantic-layer/dbt-sl
  16. https://www.uctoday.com/market-guide-category/comparing-conversational-intelligence-market-leaders-in-the-enterprise/
  17. https://aclanthology.org/2025.acl-long.71.pdf
  18. https://www.gartner.com/en/newsroom/press-releases/2024-10-16-gartner-says-by-2028-33-percent-of-enterprise-software-applications-will-include-agentic-ai
  19. https://www.businesswire.com/news/home/20250730243292/en/Contentsquare-Enters-Definitive-Agreement-To-Acquire-Loris-AI-Accelerating-Push-Into-AI-Agent-Analytics-and-Conversation-Intelligence

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