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Beyond NPS: Why Customer Feedback Needs a 360-Degree Revolution

eglobalis

Despite its simplicity, more than 75% of organizations are projected to phase out NPS as a Measure of Success for Customer Service and Support by 2025, according to Gartner. This approach ensures a comprehensive evaluation of customer experience efforts, fostering continuous improvement and adaptation to evolving customer expectations.

NPS 468
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Ethical Considerations of Using AI and Machine Learning in CRM

Customer Think

Credit : Pixabay Customer Relationship Management (CRM) systems have revolutionized how businesses interact with customers. With the advent of Artificial Intelligence (AI) and Machine Learning (ML), CRM has become even more powerful, providing deeper insights and more personalized experiences.

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IVAs Role in Delivering a Great Service Experience

DMG Consulting

A second major area is the use of machine learning (ML) (supervised, semi-supervised, and unsupervised) to increase the effectiveness and value of these applications. Most notable is the ability for IVAs to move beyond linear “interactions” that address one topic to non-linear “conversations” that involve multiple topics or “turns.”

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How Agentic AI in Auto Finance Will Shake Up the Industry

Lightico

Intermediate AI (OCR + ML, ID Verification , IDP) Key Traits : OCR to process documents automatically, ID verification for compliance, ML-driven data extraction. When to Move Forward : You have multiple software systems and youre experiencing friction in processes that require human hand-offs.

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Trends shaping The Forrester Wave™: Customer Success Platforms report

Totango

With acquisition costs proving too high in today’s constrained environment, many businesses are finally putting greater focus on nurturing existing customer relationships to ensure retention and expansion. Enterprises have a better view of how CS efforts, such as prioritizing customer expansion and retention, directly link to revenue.

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How Can Contact Center AI Change (and Lift) Customer Experience and Engagement?

Ameyo Callversations

In a digital-first post-pandemic world, exceptional customer experience has become a priority without stepping out, and organizations are paying close attention to making it happen with inbuilt AI technologies in contact and cloud centers. As a report suggests, AI will power 95% of customer interactions by 2025. – Salesforce.

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Current Status of Speech (and Text) Analytics

DMG Consulting

Interaction analytics capabilities are now finding their way into many third-party systems, including cloud-based contact center infrastructure solutions, customer relationship management (CRM) solutions, voice-of-the-customer (VoC) offerings, BI applications, and more.