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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. Chatbots or conversational AI. When people talk about conversational AI, they’re usually referring to chatbots. Predictive call routing. Call analytics.

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11 Must Know Call Center Terminologies- A Guide!

Hodusoft

However, according to a report by IBISWorld, the call center industry is projected to have a compound annual growth rate (CAGR) of 3.3% between 2021 and 2026. Apart from the above mentioned factors, the COVID-19 pandemic is another major reason that has accelerated the growth of call centers.

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Your Introduction to Call Center Automation

Fonolo

Let’s explore some of the benefits you can expect from an automated call center. How Automation Can Benefit Your Call Center Improve first call resolution First call resolution, or FCR, is one of the most common KPIs in the contact center. DID YOU KNOW?

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How can Speech Analytics help your Call Center?

NobelBiz

million dollars by 2026. Speech analytics employs several artificial intelligence (AI)-related technologies, including: Natural language processing Machine learning Speech recognition Sentiment analysis Speech analytics helps you assess your phone calls’ effectiveness with consumers. How does speech analytics work?