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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. Along with huge cost savings, AI will be a tremendous boon to customers longing for better self-service, and agents who need relief from repetitive taskwork. Surprised that people are embracing ‘bots?

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Global Customer Self-Service Software Market Is Booming With an Annual Growth Rate of 18.4%

Answer Dash

The global customer self-service market is booming, with a compound annual growth rate (CAGR) of 18.4%. Self-service is taking over and becoming a key player in the customer service market, and both companies and consumers should take notice. in the forecast period of 2019 to 2026. In other words?

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Conversational AI: Trends to Watch in 2023

SmartAction

Moreover, Gartner estimates that one in 10 agent interactions will be automated by 2026, an increase from the current 1.6% This integration will enable voice-enabled self service, a feature that customers are demanding, and the ability to handle complex voice interactions. rate of AI-automated interactions.

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How do companies outsource back office services for business operations?

Back Office Centers

Database administration, accounting and accountancy, technical assistance, digital content production, human resources management, client order handling, IT development, and records management are some of the back office procedures that assist other company procedures. Additionally, the CAGR for human resources (HR) will be 4.5%.

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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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E-commerce Statistics You Should Know in 2021

JivoChat

The e-learning sector is expected to grow 8% by 2026. billion by 2026 — a CAGR of 12.3% from 2020 to 2026. It’s becoming increasingly beneficial to support customers with intelligent self-service and automated customer contact systems. The online footwear market is expected to grow to $530.3 Digital banking.

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A Brief History of Speech Recognition and How It Benefits Businesses

Noble Systems

The Global speech recognition market is expected to see a CAGR of more than 20% through 2026. Self-service 24/7. ASR can provide self-service options, creating additional capacity during peak times and after business hours. In fact, its growing use by consumers has nudged businesses into utilizing the technology.