Sep

Top 5 Reasons to Use Artificial Intelligence Chat in Your Contact Center

1. Zero Wait Times

Do you suffer from long chat queues? How about any chat queues? Can you imagine a world where your customers are either immediately engaged in a proactive chat, or can easily decide to engage in a on-demand chat and get immediate service, no matter how busy your contact center is? Well, that day is today. With AI chat integrated into your contact center customers can be served immediately with no additional agent resources required. Now you can change your focus from calculating the time before a chat session starts to hcounting the number of chat sessions escalated to a live agent (We’ll give you a hint: It’s a lot less with Chat AI).

2. The High Efficiency Rate

The average chat session is completed in 42 seconds. With most questions being answered in just a few short seconds (Unless you’re Zappos, of course), Chat AI can quickly and effectively address most problems today, without having to engage a live agent. The savings in time and abandonment rate combined with the increased customer satisfaction, not only reduces costs, but delivers a measureable improvement in performance and customer perception.

3. It Really Understands Language

True Artificial Intelligence is not the robotic, sometimes irrelevant interaction of yesterday.  Answers are more personalized, relevant, and complemented by the newly acquired ability to access multiple data sources to deliver the best possible responses to inquiries. The technology “learns” the longer it is deployed, as a result customer  experiences improve with time without the need for additional investments in technology, people, or processes.

4. No such thing as a “Sick Day”

AI doesn’t sleep, it doesn’t get sick, you don’t need to train it, and it’ll never quit in the middle of a seasonal rush. You don’t even need to give it lunch, breaks, or let it go to the bathroom. Imagine how easy Workforce Management becomes when all you’re doing is flipping a switch. Scheduling becomes less and less of an issue over time, as the application continues to learn, making your investment more valuable over time.

5. 24x7x365

Imagine the increase in sales volume and support cases your business could handle if you’re able to offer 24x7x365 chat. And cart abandonment plummets when customers are offered chat. Today Chat AI can answer anywhere from 70-90% of customer inquiries meaning that only the most verbose requests require a human, and at an operational cost that is often 4 times less than the cost of staffing a contact center.

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Artificial Intelligence Chat Is Evolving Faster Than IVR

                                                         

Although it doesn’t feel like all that long ago, way back in the 90s one of the most important factors to a call center’s success was the ability to route a customer to the right support agent with the IVR (Interactive Voice Response). Countless hours were spent identifying the most efficient call routing patterns and expert agent capabilities to ensure that your request reached the right person quickly. This technology is still widely used today and there are still teams in the largest companies programming IVR systems to accomplish pretty much the same goal.

As the standard for customer support evolved there have been many attempts to improve the function and the customer experience associated with IVRs to reduce hold times and provide more relevant support faster. Even today some companies will use their IVR system as a way to keep a customer on hold, rather than provide a solution, when agents are inundated with calls.

For those of us who’ve worked in the voice industry for some time, we’ve seen first-hand the attempts to accomplish a customer’s need before reaching an agent. First there was expert agent routing that delivered your call to the agent most qualified to help you. Then came advances in voice recognition, which today has evolved to be a very effective tool to increase containment rates and deflect calls from reaching a live agent. My two favorite examples of the power of voice recognition are Cox Communications and Capital One, two examples of great voice recognition and routing.

Our memory, however, is short. It wasn’t so long ago that we were all pulling our hair out punching digits into the phone or constantly repeating “agent”, “Agent”, “AGENT”, AGENT!!!!!”.

Whether it was a limit of computational power or the sheer cost of developing and implementing advanced call center technology, it took decades for phone systems to be able to front end the customer support process as efficiently as they do today. Thankfully we all survived to see it without boiling over from the hypertension usually associated with calling with a customer service department.

Bad customer experience is definitely not the case with Chat Artificial Intelligence (Chat AI). While we seem to hear about the shortcomings of Chat AI like the disconnected conversations and the robotic like responses, these experiences are usually the product of Chatbots with limited AI functionality or early stage deployments. The increases in both computational power and the massive advancements in machine learning are driving excellent customer experiences that improve over time.

When was the last time you heard of technology actually performing better, on its own, without a ton of additional development work or continuous updates? Well, that’s the case with Artificial Intelligence. Like a person, the more experience it has interacting with customers and information, the better it performs with little need to be manually improved or fine-tuned.

Today, AI Chat can be used to answer a large majority of customer requests and because Artificial Intelligence learns as it is used, customers prefer to interact through AI chat to avoid all of the frustrations commonly associated with calling a contact center agent. 

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The Curious Case of AI Technology

                                                         

                                                                 

The notion of Artificial Intelligence has been around for a while.

Yet, unlike other prominent technological innovations such as electric cars or the processor speed, its progress has not been linear.

In fact, as far as industrial impact is concerned, there were times when allegedly there was no progress at all.

The widespread fascination with AI started several generations ago, in 80-s of the last century. This is when a pioneering work of Noam Chomsky on computational grammar led to a belief that human language capabilities in particular, and human intelligence in general, can be straightforwardly algorithmized. The expectation was that the AI-based programs will have a significant and lasting industrial impact.

But despite unabridged enthusiasm and significant amount of effort the practical results were minuscule. The main outcome was disappointment and AI become somewhat of a dirty word for the next 20 years. The research became mostly confined to scientific labs, and although some notable results have been achieved, such as development of neural networks and Deep Blue machine beating acting world champion in chess, the general community was largely unaffected.

The situation started to change about 5-10 years ago with a new wave of industrial research and development.

We now experience somewhat of a renaissance of AI with bots, semantic search, self-service systems, intelligent assistant programs like Siri are taking over. In addition, optimists of science are bragging confidently about reaching singularity during our lifetime.

The progress this time seems to be genuine indeed. There are indisputable breakthroughs, but even more impressive is the width of industries adopting AI solutions, from social networks to government services to robotics to consumer apps.

For the first time AI is expected to have a huge impact on the community in general.

There is this vibe around AI which hasn’t been felt in years. And with power comes responsibility, as they say, - prominent thinkers such as Stephen Hawking raised their voice against the dangers of powerful AI for humanity. Still, as far as current topic is concerned, this is all part of the vibe.

Despite all the plethora of upcoming opportunities, it is important to observe that we are yet to advance from anticipation stage. AI has not became a major industrial asset, an AI firm has not reached a unicorn status, and despite the fact that major industrial players such as IBM are pivoting towards  fully-fledged AI-based model it has not manifested itself in business results.

We are still waiting for AI-based technology to disrupt the global community.

The overall expectation is that it is about to happen. But it hasn’t happened yet.

 

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