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Top 5 Customer Service & CX Articles for the Week of September 11, 2023

ShepHyken

Each week, I read many customer service and customer experience articles from various resources. My Comment: This brief article includes the three technologies that will positively impact businesses and create a better customer experience. Here are my top five picks from last week.

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Revolutionizing Insurance: How Blockchain Technology is Transforming Claims Processing

CSM Magazine

In recent years, the insurance industry has witnessed a remarkable transformation, and at the heart of this change is blockchain technology. In this article, we will delve into the world of blockchain technology and its profound impact on claims processing within the insurance sector.

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10 Effective Ways to Reduce Costs in Your BPO Contact Center

Hodusoft

BPOs offer a comprehensive range of services, including but not limited to customer support and sales. As per a report , the customer care BPO market is estimated to rise from US$22,598.82 million by 2028; it is likely to record a CAGR of 7.5% from 2023 to 2028. million in 2022 to US$34, 570.73

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The need for CX

TMP Direct

One area of a company that has the biggest impact on a company’s growth and success is customer experience. CX has grown in recent years to become a primary driver of growth, customer satisfaction and employee engagement. Global CX technology spending is expected to reach $641 billion in 2022.

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53 Impressive Generative AI Statistics You Need To Know

Netomi

The advent of this technology has enabled businesses to provide 24/7 support, ensuring that customer queries are resolved promptly and efficiently. When used alone, Generative AI lacks the transparency, predictability, and protocol necessary for privacy-first and brand-safe customer interactions. billion U.S.

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Contact Center Predictions in Three Sizes

Contact Center Geek

Small Artificial Intelligence will revolutionize customer care, but, in the near-term it will not be from bots with human sounding voices and personas , but with technology that helps frontline team members navigate complex resources or determine effective responses. For your reading pleasure, a small, medium, and large prediction.

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Automated Interaction Summaries: A Catalyst for Enhanced Efficiency and Engaging Customer Interactions

NobelBiz

Hence, it’s no surprise that many forward-thinking organizations are turning to technology to streamline their operations. One such technology is Automated Interaction Summaries. These are instrumental in enhancing agent utilization, customer experiences and shaping business strategy.