Remove 2026 Remove Accountability Remove Chatbots Remove Interactive Voice Response
article thumbnail

How Artificial Intelligence is Changing CX in the Contact Center

Fonolo

Gartner reports that AI chatbots alone can save the contact center industry up to $80 billion in annual labor costs by 2026. Interactive voice response is a popular automation that’s already widely used in contact centers. Chatbots or conversational AI. By 2031, the savings could grow to $240 billion.

article thumbnail

11 Must Know Call Center Terminologies- A Guide!

Hodusoft

between 2021 and 2026. This growth is driven by increasing demand for customer service and support across industries, as well as advancements in technology such as artificial intelligence, chatbots, and other automated solutions that can improve efficiency and reduce costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Conversational AI: Trends to Watch in 2023

SmartAction

Right now, according to Gartner, more than 70% of business professionals regularly interact with conversational platforms. Moreover, Gartner estimates that one in 10 agent interactions will be automated by 2026, an increase from the current 1.6% rate of AI-automated interactions.

article thumbnail

ChatGPT: The Next Big Thing in Contact Centers?

NobelBiz

It uses a deep learning model to analyze text and generate responses based on its understanding of natural language. This technology has several applications, including chatbots, virtual assistants, and other conversational interfaces. ChatGPT is an AI-powered conversational agent that can understand and generate human-like language.