Chatbots for Business


To learn how Chatbots can Transform Your Business




What is a Chatbot?

Chatbots are computer applications powered by artificial intelligence that communicate with humans to resolve their requests. They are designed to mimic human conversation via online chat interface, SMS, and even voice chat. Chatbots are intelligent enough to communicate and gather data from various business enterprise data systems like ERPs and CRMs, process that information, summarize it and share appropriate answers. Despite being designed for human consumption, chatbots are also capable of communicating and gathering information from other chatbots.

Chatbot 101 Guide

Chatbots are No Longer an Option

The modern IT revolution is driven by an as-a-service economy, where service delivery experience matters the most. The search for innovative ways to deliver consumer-like service resulted in the rise of conversational commerce. The chatbot’s ability to conduct conversations in natural language and in context made chatbots a strong solution for enterprises. These chatbots further powered by AI makes service delivery smarter, reduces operational costs, improves data access and all at reduced cost and time with less human errors.

Utilizing chatbot applications has become non-negotiable, instead, it’s a matter of survival. It is critical to have external, customer-facing chatbots alongside an internal one to serve employees. In short, chatbots have become the key driver of digital transformation solutions.

Chatbots are Transforming the Enterprise

  • Improves employee-organization engagement
  • Tracks real-time communications for businesses and adds intel with each conversation
  • Personalizes marketing and sales leads
  • Easily integrates with social media platforms or chat interfaces
  • Provides robust data analytics reports and accelerates the decision-making process
  • Generates contextual replies, by studying user preferences
  • Simplifies and optimizes ITSM Process
  • Decreases employee training costs
  • Automates repetitive administrative tasks

Industries Leveraging Chatbots

Governments
Governments
Automotive
Automotive
Health
Health
Banking & Finance
Banking & Finance
Insurance
Insurance
Manufacturing
Manufacturing
Media
Media
Retail
Retail

Chatbot Functions

  • 24/7 On-Demand Virtual HR
  • Customer Service
  • Sales
  • IT Service Management
  • CRM Management
  • Project Management


Recent Articles on Chatbots, AI, and Voice Assistants


According to Business Insider, 80% of businesses want chatbots by 2020.- Business Insider
As of May 2017, 35.6 million Americans will use a voice-activated assistant device at least once a month, which is 128.9% than last year.- eMarketer
Chatbots could save $174 Billion across Insurance, Financial Services, Sales, and Customer Service.- BI Intelligence
Chatbots will power 85% of all customer service interactions by the year 2020.- Gartner
57% of respondents are interested in having real-time answers from bots on a company website.- HubSpot