Remove 2026 Remove Banking Remove Self service Remove Technical Support
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Everything You Need to Know About Auto Attendant

Hodusoft

billion in 2026, at a compound annual growth rate (CAGR) of 7.9 As per a research by SQM Group, self-service first call resolution ( FCR ) rate is 74%, and those who opt for a self-service option prefer it to an IVR used to navigate callers to agents for issue resolution. billion in 2020 to USD 6.7

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Humans vs. AI in Customer Service … It’s Complicated

Fonolo

More broadly, it’s long been true that a focus on boosting self-service capabilities (with or without AI) is going to yield some reduction in agent need. As a closing note, consider this story from last month, in Bloomberg, about global bank HSBC: Why Banks Are Giving Tellers Raises, Instead of Firing Them All.

article thumbnail

Humans vs. AI in Customer Service … It’s Complicated

Fonolo

More broadly, it’s long been true that a focus on boosting self-service capabilities (with or without AI) is going to yield some reduction in agent need. As a closing note, consider this story from last month, in Bloomberg, about global bank HSBC: Why Banks Are Giving Tellers Raises, Instead of Firing Them All.