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chatbots

GUEST BLOG: Chatbots – should we believe the hype?

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By James Rein, Senior Account Manager, Adexchange

Probably, yes. If you’re responsible for a contact centre and find your advisors listlessly answering the same, simple, non-specific questions every day then read on – a chat bot is likely to have a big impact on the efficiency of your operation.

‘In 2015, Swedbank achieved a 78% first contact resolution rate using a text based assistant which resulted in a 60% deflection from live assistance’ (issuu.com)

Impressive!

Let’s flip the perspective for a moment and think about things from the customer’s point of view. How many times have you sifted through pages and pages of FAQs, got bored, and thought ‘Nope, I’ll just call them’? How would it be if you could just type your question and get the answer straight away? Pretty nice, huh?

Chatbots aren’t infallible but it’s not the technology that could trip up your bot – that side of things is straightforward – it’s the effectiveness of the content.

Let’s dig a bit deeper.

What is a chatbot?

Think of a chatbot as the guardian of your FAQs and knowledgebase. It has access to all non-specific information any customer could possibly want and can deliver it to that customer instantly.

No need for any agent interaction, no need for customers to wait on hold for twenty minutes to get an answer and no lost business. That’s right – aside from improved efficiency generally, 53% of people are actually more likely to shop with a business they can message online. (Sproutsocial.com).

Just like advisors, chatbots evolve too. They might start life on your website and be set up to deal with your 30 most frequently asked questions. Within the first month of use a couple of trickier questions get asked and, at the same time, you get 5000 new ‘likes’ on Facebook.

You decide to add new questions and answers to your bot’s database and launch it in Facebook Messenger too. Then WhatsApp. Then you launch a new product and add FAQs about that as well. It’s easy to get all kinds of data relating to your bot’s performance and every reincarnation reduces the number of calls to your contact centre. This frees up your agents to deal with specific, more complex questions from customers.

So should I get one?

If your advisors are mostly occupied with intricate, customer specific questions then a chatbot probably isn’t going to be for you. However, if you’re inundated with calls from people asking questions they could easily have found the answer to online then yes, it’s definitely worth exploring the option of a chatbot.

The technology is only one part of the set up and, isn’t difficult or necessarily time consuming to get in place. The crucial element is making sure you get the content right.

In such a distracted world it’s time to ditch the corporate waffle and formal tone and really engage your customers by writing in a clear, informal and friendly way that they’ll find effective and refreshing.

Forget paragraphs of text – use white space, bullets, short sentences – and make your communication to the point and succinct.

A chatbot is only as good as the content powering it.

If you want to get more out of your Chatbot get in touch to see how we can help.

WHITEPAPER: Robots replace advisors – Fact or fiction?

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80% of the cost in a contact centre is its unhappy agents. So if the burden can be reduced on them with AI, then you will also be able to reduce attrition costs, while boosting employee engagement and tenure.

Unsure how to deploy chatbots and AI in the contact centre and of how they fit best alongside your customer service agents?

This paper from IFS-mplsystems explores the adoption of AI in customer service to date and also where it offers the most benefits. It provides practical guidance for customer service leaders to understand how to best progress your AI projects.

This paper will provide the answers that you are looking for before it’s too late. Download here.

Puzzel announces new chat bot functionality and GDPR readiness

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Puzzel has announced new functionality in the latest release of its cloud-based contact centre solution, designed to extend the system’s multi-channel capabilities and help organisations to meet important changes in EU data protection legislation.

Users are now able to integrate third party or Puzzel’s own Chat bots directly into their core contact centre solution to improve first contacts with customers and save valuable live agent time. Furthermore, Puzzel has made several adjustments to its platform in preparation for the advent of General Data Protection Regulation (GDPR) in May this year.

Christian Thorsrud, Product Manager at Puzzel, said: “Chat bots and GDPR are hot topics in the contact centre world today. On the one hand, innovations based on Artificial Intelligence such as Chat bots are creating new opportunities to expand and improve customer interactions and Puzzel’s latest release is designed to make them a reality. On the other hand, the imminent arrival of GDPR is putting pressure on contact centres to review how they collect and store their own and third party data. The latest version of our cloud-based software brings renewed assurance that contact centres can rely on Puzzel to provide them with a secure and auditable framework to help meet critical new legislative requirements.”

The key features of the latest version of Puzzel include:

• Chat bots – bring your own or buy from Puzzel – contact centres are able to connect directly to a variety of Chat bots from the core Puzzel platform. Users now have the option to bring their own bot and simplify the integration using Puzzel’s standard integration modules or to buy a bot direct from Puzzel. Whichever approach you take you will be able to ensure a smooth handover from the bot to live agents in the Puzzel Contact Centre. Importantly, this keeps humans in the loop for more complex enquiries as the bot technologies are evolving.

• GDPR readiness – to prepare contact centres for the arrival of GDPR, Puzzel has introduced new functionality that will simplify the compliance process. It will enable organisations to identify end user data quickly; delete data when requested to do so and easily collect and document any approvals given by end customers calling into the organisation.
Already, Puzzel allows the encryption of call recording files which can only be listened to by downloading them to devices with the correct private key to decrypt the file. Today’s announcement underlines Puzzel’s commitment to protecting customer data and aiding compliance with external GDPR requirements.

The latest release of Puzzel’s cloud contact centre solution is available now.

Chatbots

Quarter of all customer service operations will use virtual assistants by 2020

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Twenty-five percent of customer service and support operations will integrate virtual customer assistant (VCA) or chatbot technology across engagement channels by 2020, up from less than two percent in 2017, according to Gartner.

Speaking at of the Gartner Customer Experience Summit in Tokyo, Gene Alvarez, the company’s managing vice president, said more than half of organisations have already invested in VCAs, as they realise the advantages of automated self-service, together with the ability to escalate to a human agent in complex situations.

“As more customers engage on digital channels, VCAs are being implemented for handling customer requests on websites, mobile apps, consumer messaging apps and social networks,” Alvarez said. “This is underpinned by improvements in natural-language processing, machine learning and intent-matching capabilities.”

Gartner says organisations report a reduction of up to 70 per cent in call, chat and/or email inquiries after implementing a VCA. They also report increased customer satisfaction and a 33 per cent saving per voice engagement.

This follows a 2017 Gartner survey that found that 84 per cent of organisations expected to increase investments in customer experience (CX) technology in the year ahead. Other Gartner predictions include:

  • By 2019, 20 percent of brands will abandon their mobile apps.
  • By 2022, two-thirds of all customer experience projects will make use of IT, up from 50 percent in 2017.
  • By 2020, 30 percent of all B2B companies will employ artificial intelligence (AI) to augment at least one of their primary sales processes.
  • By 2020, more than 40 percent of all data analytics projects will relate to an aspect of customer experience.
  • By 2020, augmented reality, virtual reality and mixed reality immersive solutions will be evaluated and adopted in 20 percent of large enterprises as part of their digital transformation strategy.

 

Dynamics 365 AI

Microsoft launches Dynamics 365 AI Solutions for customer care

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Microsoft has used its Ignite conference to unveil several products aimed at making Artificial Intelligence (AI) more accessible to organisations, developers and individuals.

The company has been using its chatbot solution for its own customer care in the US since earlier this year, with the virtual agent handling 650,000 sessions per week.

Now Microsoft is making the service available to 3rd parties via its Dynamics 365 AI platform, with HP and Macy’s confirmed as adopters via its Early Access Program.

The company says the Dynamics 365 AI solutions are designed to tackle high-value, complex enterprise scenarios and are tailored to existing processes, systems and data.

The first solution includes an intelligent virtual agent for customer care, an intelligent assistant for customer service staff and conversation management tools, all powered by Microsoft AI.

Microsoft claims the Australian Government Department of Human Services, HP, Macy’s and its own teams are already using the technology to improve overall customer satisfaction and handle more requests, in a shorter amount of time.

Steve Guggenheimer, Corporate Vice President of Developer Platform & Evangelism and Chief Evangelist at Microsoft, said:The promise of AI has always been to make lives better and to enhance the things we are doing today in a much more efficient and more powerful way. [Dynamics 365 AI] is focused on applying AI to transform the customer service function. We have seen that today’s customer care can be costly, painful and inefficient.

“Customers generally do not enjoy needing to engage with support, agents can have low job satisfaction working with frustrated customers, and support leaders are always under CFO scrutiny leaving few dollars for innovation. We envision an AI powered future where customers get immediate, accurate and 24/7 support. Customer interactions become a source of insight for innovation and drive upsell and loyalty. A future where support agents focus on richer, more valuable interactions. That’s the future we demonstrated at Ignite.”

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