Latest ISG research shows that AI & Automation is still key to winning BPO deals, but is also the cause of lowering client satisfaction. Average clients scores have dropped 3% from last quarter. Innovation, and unparticular GenAI being the worst culprit in bringing down overall satisfaction This isn't yet a trend, but we'll see again next Quarter. We need to either lower expectations or achieve the value promised by these innovative technologies it seems. Full press release below, and link to the full report out shortly
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📉 Decline in AI & Automation Satisfaction Amid Outsourcing Surge 📉 A new study by ISG reveals a growing dissatisfaction among enterprises with AI and automation services, despite their increased adoption in outsourcing agreements. This trend highlights the complexities and challenges organizations face as they integrate emerging technologies like generative AI into their operations. As customer experience becomes a crucial factor in tech service selection, it's clear that providers need to focus on understanding and addressing the specific needs of their clients. Read more about the findings and what it means for the future of outsourcing: 🔗 https://lnkd.in/dQ35X694 #AI #Automation #Outsourcing #CustomerExperience #EmergingTech #CustomerService #TechTrends
ISG study finds decline in AI and automation satisfaction amid outsourcing surge
techmonitor.ai
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Leveraging #AI to boost effectiveness and speed AI offers great potential for #ITSM. It can analyze vast amounts of data quickly, identify patterns, and make predictions that would be impossible for humans to achieve at the same speed. Virtual agents can handle routine customer inquiries and provide instant responses that free up your time to tackle more complex issues. You can use it to predict potential service disruptions before they occur, take proactive measures to prevent them, and get it to assist in process optimization. By incorporating AI into ITSM, you can achieve higher levels of efficiency, reduce operational costs, and enhance the overall customer experience in your business, as it can continuously monitor and analyze internal workflows to identify opportunities for further automation and improvement. Find out more by reading Johanna Haliseva’s blog post below: https://efcd.co/3Nh70Xj
The power of integrating service design in IT Service Management
eficode.com
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AI is changing the game in customer support outsourcing. But human agents are still key! Learn how ClearSource combines the best of both worlds to deliver exceptional service: https://lnkd.in/g43u2tq7 #BPO #Outsourcing #AI #Technology #CustomerSupport
Harnessing the Power of Technology To Enhance Outsourced Customer Support
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Our key strengths in FS are: “innovation at scale and pace” and “infusion of AI into field service processes.” #msftadvocate #dynamics365 #fieldservicemanagement
Microsoft named as a worldwide Leader in four IDC MarketScapes for Field Service Management & Service Life-Cycle - Microsoft Dynamics 365 Blog
cloudblogs.microsoft.com
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Tech Mahindra's field service management offering Yantr.ai is an AI and ML-based bolt-on solution that can sit on existing scheduling systems. Yantr.ai provides a control tower solution to field service management, focusing on delivering operational efficiency, enhanced productivity, and improved workflow control by leveraging advanced analytics, artificial intelligence, and machine learning models to enable real-time decision-making. To know more about this, read Vaibhav W.'s blog. #AI #ML #FieldServiceManagement #Analytics
Tech Mahindra's Yantr.ai: Optimizing Field Service Management with AI
research.nelson-hall.com
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Helping businesses increase efficiency through automation of data and document-related processes | Transforming operations for enhanced productivity
Businesses should consider the immense value AI brings to areas like finance, HR, and fraud prevention. In my latest article for IT Europa, I delve into how AI is transforming these critical functions. Discover how AI enhances financial decision-making, streamlines HR processes, and strengthens fraud prevention measures, ensuring greater efficiency and security. Stay ahead of the curve by embracing AI-driven innovation to unlock new growth opportunities. 📖 Read the full article #AI #Finance #HR #FraudPrevention #DigitalTransformation #Automation #TechInnovation
AI's role in the IT vendor and channel partner evolution
iteuropa.com
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🚀 Digital transformation isn't just a trend; it's a game-changer for customer experience! Forbes reports that 87% of BPO leaders are prioritizing digital initiatives to supercharge CX for clients. Explore how these 12 trends in BPO are reshaping the customer experience landscape. Click here - https://bit.ly/3vnVL9L #digitaltransformation #ai #customerexperience #jindalx JindalX
12 Digital Transformation Trends to Know in BPO
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Managing Director & Principal Analyst - Global ISG Provider Lens Content Lead bei ISG (Information Services Group)
🚨 Is AI delivering on its promises? 🚨 A recent article from TechStrong highlights that business satisfaction with AI is falling short of expectations. While AI adoption continues to rise, many organizations are experiencing a gap between the promised potential and actual business impact. As leaders in advisory and research, we at ISG recognize these challenges firsthand through our Star of Excellence program, which captures real-world client feedback on technology partnerships, including AI implementations. https://lnkd.in/emDZd33g 📊 Our Q2 2024 CX Insights Report further reinforces this, showing that while AI solutions are increasingly integrated into enterprise strategies, the customer experience and satisfaction often don't meet expectations. Vendors must prioritize implementation quality, user adoption, and ongoing support to ensure that AI investments truly drive value. As we head into 2024, it's clear that the path to AI success requires not just innovation, but a laser focus on client outcomes and continuous improvement. Let's discuss how we can bridge the gap between AI hype and measurable success. 🚀 #AI #CustomerExperience #ISGStarOfExcellence #CXInsights #Innovation #DigitalTransformation #TechnologyLeadership
Business Satisfaction with AI Falls Short of Expectations - Techstrong.ai
https://techstrong.ai
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🚀 Wondering how to unlock Gen AI's potential with tech-enabled outsourcing? As modern contact centers face increasing call volumes, talent shortages, and rising customer expectations, the pressure to deliver exceptional customer experiences continues to grow. According to McKinsey & Company, 80% of businesses plan to increase investments in #AI, making it crucial for customer care leaders to learn from early Gen AI adoption and seize its full potential. Read more: https://lnkd.in/dy2VeY7e Gen AI has the power to transform contact centers, but only if implemented systematically and alongside the human touch. By partnering with a tech-enabled outsourcer like #PremierBPO, businesses can navigate this complex landscape and ensure that AI is optimized to enhance both service quality and efficiency. Contact us to learn more about how we can enhance your business outcomes: https://lnkd.in/diiaSFZQ #GenAI #CustomerExperience #ContactCenters #BPO
Gen AI Challenges: Power of Tech-Enabled Outsourcing
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Recently had the privilege of working on a Generative-AI + CX outsourcing project with a rapidly growing Travel & Hospitality brand. Our partnership, designed as a "champion challenger," aims to replace an underperforming BPO and help this brand transform customer support by introducing technology that automates processes, streamlines operations, and most importantly, empowers frontline agents to deliver exceptional service through AI-Copilot Agent Assist. Navigating the plethora of AI tools in the CX marketplace today can be overwhelming and time-consuming. The new CX leadership at this organization was so consumed with managing the day-to-day operations of their underperforming partner that they needed our help to proactively partner with them during the sales process and provide additional resources—time, expertise, and financial support—to facilitate a smooth and successful transition. One challenge we faced was that our client had inherited a BPO that offered extremely low rates to secure the deal. This forced us to think creatively about how to help our prospects sell the champion challenger model internally to their finance team. Understandably, their finance team questioned, "That's great that you want to try a new partner, but what makes you think the outcome will be any different?" Simply promising "we'll bring AI" wasn't sufficient to justify a champion challenger model of this scale. This is why committing to performance and financial metrics was crucial. Flexibility and buy-in from my team (thank you, leaders!) was key. We continuously adapted and iterated, ultimately designing an end-to-end CX transformation partnership across sales and support on two continents. We are implementing Sanctioned-Generative AI (thank you Netomi AI) and providing CX Advisory and Insights with Cheryll Tantoy Aganda's team. If you're currently exploring new outsourcing partnerships or interested in "Champion-Challenger" possibilities, I would love to speak with you and see how we can help.
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