Artificial Intelligence is helping businesses solve their most knotty 21st-century problems.
However, it has had a sketchy history. Many vendors promised its supremacy. Just as customers have endured disappointment.
The history of invention teaches us that some things take a little longer.
Turning the Bend
You can hardly go a day without a news report about AI becoming an essential tool in dozens of areas, from A to Z, from agriculture to zoology.
Recent AI advancements suggest it's experiencing a bit of a coming-out party. Its fast adoption across industries due to improvements in machine learning, neural networks, and connected systems enables dramatic advances in speech recognition, pattern recognition, predictive analysis, process automation, and much more.
All of these are coalescing to improve customer experience in the contact center.
Indeed, its impact is significant. Better still, the AI success story is just beginning.
When Seconds Count and Customers Refuse to Wait
In the quest to support an ever-more-demanding customer base, today's contact centers are embracing newer, more complex solutions for end-to-end client support.
AI has already helped us develop chatbots to supplement the omnichannel contact center experience and speech analytics that assists agents in understanding the sentiment behind conversations.
While some brands remain concerned about the rise of artificial intelligence, fearing that bots will eventually end service agent jobs, most experts agree that the robot revolution will not replace us.
AI is what today's contact center needs to serve its unpredictable (and impatient) audience.
Here are ways bots can boost your business performance.
1. Replacing Traditional IVR
Let's face it. Traditional IVR is outdated and frustrating. These systems run on a simple, straightforward rule set following a pre-determined path.
It is often challenging for customers to get the support they need when their answers don't suit your script. On the other hand, AI comes with in-depth machine learning solutions like natural language processing, which means that your systems can understand statements rather than just giving your customers a series of choices.
Implementing AI virtual assistants and chatbots in the contact center eliminates the maddening "press one for…" experience. Today, your customers could quickly abandon you if they have alternative businesses that offer robust AI-assisted IVR.
2. Big Data and AI Pair Perfectly
Big data and AI go together perfectly. In a world where contact centers are gathering more useful customer information than ever before, AI tools give businesses a way to collect and transform that data into actionable insights for the call center.
When you’ve got the right data available, you can then use additional AI tools like sentiment analysis to determine where conversations are going wrong, where you might be losing conversions, and more.
3. Data Is Good. But To Predict Is a Beautiful Thing
Today, AI tools can provide deep insights that allow companies to predict behavior. They sit atop a trove of information that AI systems gather. Pattern recognition capabilities reveal patterns about how your clients will respond in certain situations.
Customer insights such as these help call center managers address the needs and expectations of their customers. That is dramatically more effective than previous scenarios that depended on agents asking customers for tedious information and offering hit-and-miss answers.
Reduce churn and improve cash flow. Isn't that the relentless demand for contact center managers? AI-based tools offer the potential to significantly improve ROI, reduce agent burnout and create more appealing customer experiences.