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Written by Shivam SaxenaMarch 3, 2025 Speech analytics is a technology that process and analyze human speech, extracting meaningful insights from spoken conversations. Speech analytics call center empowers organizations to make data-driven decisions by uncovering hidden patterns and trends within their audio data. The History of Speech Analytics The history Speech analytics has evolved significantly from
Written by Shivam SaxenaFebruary 19, 2025 Voice AI is rapidly changing the businesses, especially those in the Banking, Financial Services, and Insurance (BFSI) sector, interact with customers. The global voice-based customer service market is predicted to reach a great height, highlighting the increasing adoption and potential of voice agents to improve customer engagement and drive conversions. The
Written by Shivam SaxenaFebruary 17, 2025 Contact center automation is transforming customer service by leveraging Gen-AI, LLMs, SLMs and ASR. Businesses can enhance efficiency, reduce costs, and improve customer experience (CX) by integrating AI automation into their contact center operations. This ultimate guide explores everything you need to know about contact center automation, from its key
Written by Shivam SaxenaJanuary 27, 2025 What is Agentic AI? Agentic AI refers to artificial intelligence systems that can operate independently, making decisions and taking actions without constant human input. Unlike traditional AI, which relies on predefined rules and instructions, Agentic AI adapts to its environment, learns from interactions, and solves problems dynamically. This ability to
Written by Shivam SaxenaJanuary 23, 2025 The Origins of Conversational AI in BFSI The origins of Conversational AI platforms for the BFSI sector can be traced back to the late 20th century. In the 1980s, Interactive Voice Response (IVR) systems emerged, enabling customers to interact with automated phone systems using voice commands. These systems laid the
Written by Shivam SaxenaJanuary 9, 2025 Did you know that 93% of consumers express satisfaction with their voice assistants? Voice AI is gaining widespread approval for its ability to Redefining Customer Accessibility and how businesses connect with their customers. However, many banks and financial institutions still face challenges in keeping up with customer expectations, often held
Written by Shivam SaxenaJanuary 6, 2025 The way we interact with technology has transformed over time. Early conversational AI systems relied on simple rules and predefined responses, making them rigid and unable to handle complex conversations. These limitations often resulted in a frustrating user experience. Today, with Gen AI integration, is evolving conversational AI to deliver
Written by Shivam SaxenaJanuary 3, 2025 During peak seasons, retail businesses often find themselves struggling to keep up with customer demands. The influx of queries—whether it’s about product availability or delivery tracking—can quickly overwhelm even the most well-equipped customer support teams. It’s a challenging scenario that many retailers face, but it doesn’t have to be this
Written by Shivam SaxenaDecember 26, 2024 You might be surprised to hear that, companies that are able to personalize the customer experience across omnichannel personalization- can achieve a 5 to 15 percent revenue increase across the full customer base. Retailers today face unprecedented challenges, from shifting customer expectations to fierce competition and the rise of digital-first shopping.
Written by Shivam SaxenaDecember 23, 2024 Did you know that 73% of consumers consider a Consistent Customer Experiences as a key factor in their brand loyalty? For the retail industry, meeting these expectations is often easier said than done. Fragmented customer interactions, staffing challenges, and variable service quality across channels are persistent hurdles. This is where
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