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Don’t jump the Gen AI gun to realise returns on AI investments

Connect

Amid this hype, Chief Technology Officers (CTOs) feel pressure to invest in Gen AI in some form, with a BCG survey of over 1,400+ C-suite executives revealing that 89% rank AI and Gen AI as a top-three tech priority for 2024. However, Gen AI is not a plug-and-play solution.

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Millennial Generation Customer Service – The Ultimate Guide

TechSee

According to a survey by Desk.com , 25% of millennials expect to get a response within 10 minutes after reaching out for customer service via social media. According to a Techsmith survey , Millennials are twice as likely to choose visual communication methods, such as screenshots, screencasts, or videos, compared with Baby Boomers.

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2023 Trends: AI for Better Agent & Customer Experiences

Upstream Works

McKinsey’s American Opportunity Survey found that 58% of American workers can work from home at least once a week; 87% said they take the opportunity to work flexibly when they have the chance. This form of workflow automation allows agents to engage more deeply and personally with customers, setting the stage for a much-improved CX.

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Speech Analytics and AI Is a Winning Combination

DMG Consulting

Speech Analytics and AI Is a Winning Combination. Speech analytics is getting a new lease on life courtesy of artificial intelligence (AI), machine learning, and the digital transformation. Vendors in most IT sectors claim to provide AI-enabled solutions, and the speech analytics providers are no exception. By Donna Fluss.

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Why Do We Need AI? A Guide to Conversational AI in the Contact Center.

3CLogic

In fact, Gartner predicts an $80 billion reduction in contact center labor costs by 2026, thanks to Conversational AI eventually addressing many of the mundane tasks live agents handle today. Solving Complex Inquiries Enhancing your self-service with intelligent virtual agents will drive personalized experiences.

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How to Achieve Personalized Customer Service with AI Tools

TechSee

Personalized product recommendations: AI-driven recommendation engines offer customers products tailored to their preferences. Amazon reports that 35% of all their sales are generated by the recommendation engine. Customer Analytics. Retail giant Amazon has been leading the industry’s CX personalization efforts since 2013. .

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Beyond the AI Customer Service Hype: Practical Applications for Real Results

UJET

A customer calling to ask about store hours, for instance, may be routed to a self-service option or Virtual Agent , while more complex queries will be routed to a human agent. After a call, agents spend extra time copying notes to your CRM tool. your agent can say, “I see you’re having trouble with X.