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Written by Shivam SaxenaDecember 20, 2024 The New Face of Retail: Why Conversational AI is a Game-Changer Imagine a world where customers can effortlessly discover the perfect product, receive tailored recommendations, and complete their purchases—all through a seamless conversation. It may sound futuristic, but this is the reality today as GenAI is Redefining Retail Experiences. Retailers
Written by Shivam SaxenaDecember 17, 2024 A significant majority of customers expect real-time assistance while shopping online, yet many retailers lack the tools to meet this demand. This service gap is costing retail businesses millions in lost revenue. As competition heats up, Conversational AI Crucial for Retail emerges as the key to thriving—enabling businesses to meet
Written by Shivam SaxenaDecember 16, 2024 Imagine losing a customer forever because a BFSI feedback Systems felt like a chore. Do you know that 72% of customers are willing to switch providers after a single bad experience? It’s time to rethink feedback—and Conversational AI is leading the charge. By using voice bots, BFSI firms are not
Written by Shivam SaxenaDecember 13, 2024 What if your bank’s help desk could resolve customer queries faster and deliver seamless experiences? In a world where 67% of customers prefer self-service over human assistance, the pressure to innovate is immense. Enter voice-based AI solutions — an intuitive and powerful tool to revolutionize help desks in the banking
Written by Shivam SaxenaDecember 11, 2024 Tired of the complexities and costs of Customer Acquisition? If you’re not already using Voice AI, you’re likely falling behind. From qualifying leads faster to verifying documents in minutes, this technology is transforming customer acquisition in ways we’ve never seen before. In fact, businesses that adopt Voice AI are seeing
Written by Vaishakh KPDecember 4, 2024 Generative AI represents a transformative leap in artificial intelligence, empowering machines to create content and perform tasks once considered exclusive to human capabilities. From crafting text and generating images to composing music and simulating conversations, this cutting-edge technology is driving innovation across industries and transforming industries and customer experiences. This
Written by Shivam SaxenaNovember 29, 2024 Insurance companies have always walked a fine line between ensuring timely payments and maintaining strong customer relationships. Missed premium payments can lead to policy lapses, adding stress for both customers and insurers. Traditional payment reminders—often impersonal and rigid—have long been a weak link in the process. Now, with Generative AI
Written by Shivam SaxenaNovember 28, 2024 In an industry where operational efficiency means profitability, BFSI has to bear the pressure for cost reduction without compromising on service quality continuously. The operational expenditure comprises a huge chunk of the budget in BFSI, and therefore, the dire need for scalable and efficient solutions has made Customer Experience Automation
Written by Shivam SaxenaNovember 15, 2024 First Call Resolution (FCR) is a key metric that directly impacts customer satisfaction, operational efficiency, and cost savings. Traditionally, human agents have handled customer inquiries, but with the advent of Generative AI (Gen AI) and Small Language Models (SLMs), banks can now achieve unprecedented FCR rates. By training AI systems
Written by Saptarshi SarkarSeptember 27, 2023 In today’s fiercely competitive telecom industry, customer retention is paramount. With countless providers vying for consumers’ attention and loyalty, it’s essential to deploy cutting-edge solutions to stand apart from the rest. One such groundbreaking technology that has been transforming the telecom landscape is generative artificial intelligence (AI). This blog delves
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