But an AI agent could not only check the balance but analyze the customer’s full financial picture across different accounts and institutions and then deliver suggestions on how to pay off the credit card. Some healthcare organizations using agentic AI have significantly improved efficiency and patient care. According to CX Dive, Verizon Wireless’s AI-based personal shopper and problem-solver platforms have reduced customer transaction times by two to four minutes.
And because phones have gained outsized importance in our lives, having something go wrong with one’s link to the outside world can ratchet up frustration. The ability to integrate AI into every touchpoint along the journey – from initial interaction to final conversion – will help businesses stay competitive and deliver greater value to customers. This approach allows businesses to experiment with AI and integrate it into their existing operations without the pressure of launching with a complex AI use case. By incorporating AI into everyday work practices, businesses can quickly harness its potential to improve efficiency, drive engagement, and stay competitive. Australian companies are increasingly adopting AI technologies to optimise content production, automate processes, and orchestrate customer journeys across multiple touchpoints. 8×8’s ecosystem now includes strategic integrations with NICE, Verint, Calabrio, Cognigy, Meltwater, Regal.ai, and others.
Verizon’s investment in improved experience also includes people and policy components. Sampath boasted that much of this technology did not exist a year ago, and that previous partnership with Google allowed them to build a custom offering faster. As he seeks to improve first-call issue resolution for customer service, Sampath said down the road he sees the AI chat as a better alternative to waiting for a live rep for simple issues.
Platforms like Alchemer Pulse are at the forefront of this AI revolution, enabling CX professionals to move from mere data collection to deep understanding and actionable insights. As AI continues to advance, so too will the ability of businesses to meet and exceed customer expectations. Unlock the value hidden in your open text feedback by using AI-powered text analysis to understand exactly how your customers feel — in their own words. The integration of AI into customer analysis makes it easier than ever to understand and act on customer needs, driving better outcomes across the board. This linkage helps customer experience and marketing teams connect their efforts to the overall success of the company.
Beyond enhancing customer experience, AI is transforming regulatory compliance, risk management and core business strategies. I aim to explore the tangible ways AI is revolutionizing the heavily regulated financial industry, focusing on how AI can be leveraged to improve both customer outcomes and regulatory adherence. Moreover, AI is transforming customer support by enabling automated, intelligent responses to common inquiries. Chatbots and virtual assistants powered by AI are becoming increasingly adept at handling routine customer interactions, freeing up human agents to focus on more complex tasks. This improves operational efficiency and enhances the overall customer experience by providing faster, more accurate responses. 5G technology is rewriting the rulebook for telecommunications with its promise of ultra-fast speeds, low latency, and vast data capacity.
Ethical concerns regarding privacy, usage of data and autonomy in decision making require the evolution of regulatory frameworks to ensure these systems operate under parameters that protect users’ rights and interests.
Online travel platforms, including Expedia, Kayak and others, use dynamic pricing to adjust costs based on factors like when a booking is made, current demand, and the user’s location. According to Duarte, «This advanced approach helps us provide the ideal price to each customer at the most appropriate time, leading to better conversion rates and maximizing revenue.» ● Adobe Target – Powered by AI, Adobe Target delivers personalized content and offers to customers to help companies deliver a tailored experience. ● Optimizely – With testing and optimization software, Optimizely enables delivering personalized experiences through AI-driven insights. Duarte explains that AI-driven personalization has made the days of one-size-fits-all shopping a thing of the past. Advanced algorithms now employ knowledge of user behavior, preference, and purchase history to craft a unique shopping experience for every customer.
In the case of onboarding, new hires can interact with an Azure TTS Avatar, which guides them through onboarding tasks such as setting up corporate accounts, understanding company policies and completing training modules. Behind the scenes, the system queries relevant HR databases, compliance records and team-specific documentation to provide personalized answers to employee questions. For example, a retail company can use the Azure TTS Avatar to provide real-time multilingual customer support during online shopping, guiding users through product selection with a conversational, empathetic tone. “We now have this capability to support long-term memory, rich contexts, and in fact teach these models to use tools. Consider a customer who starts a service inquiry through an app, follows up on a website, and then calls a customer service representative. A CRM system powered by these technologies ensures all channels can access the latest customer information, eliminating the frustration of repeating concerns.
As telecom companies adopt these innovative technologies, they are opening the door to seamless omnichannel experiences—a key expectation for today’s customers. Whether a customer interacts via a mobile app, website, or call center, they expect a consistent and personalized experience across all channels. By integrating 5G, IoT, and AI into CRM systems, telecom providers can ensure that all customer interactions are synchronized and informed by real-time data. Artificial intelligence (AI) and generative artificial intelligence (GenAI) are reshaping the financial services landscape.