I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First. ...

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I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First.

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'Star Wars' and the Future of Artificial Intelligence

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Artificial Intelligence Timeline: Infographic

Artificial Intelligence is fast transforming the role of APIs and customer experiences

By satyamkapoor |Email | Jan 17, 2018 | 9027 Views

The true value of IoT is its ability to completely revolutionize user experiences. It could be at your home, in the office, in your car or even when you walk down a sidewalk. Embedded sensors are helping generate data that is powering a new revolution for business & their consumers. This is the power of custom experiences or CX. Various industries around the world are facing commoditization on a grander scale than ever before and CX has become the critical differentiator in pushing forward consumer purchases. Modern businesses need to reprioritize around CX to further optimize costs and be able to offer better user experiences which are ultimately going to drive customer & brand loyalty.

Driving these deeper customer engagements will mean using technology to provide the data-driven capabilities that can revolutionize CX. This is where artificial intelligence comes in. Simply put, AI is the simulation of human intelligence processes by machines. This opens a plethora of new possibilities for enterprises, as AI is both scalable and efficient and can enable a business to automate repetitive processes that may be extremely time-consuming for a human employee to perform. By combining the extensive data capabilities of IoT with the data processing capabilities of AI, a business can truly understand the individual customers and craft a predictive customer experience, as opposed to traditionally reactive customer experiences.

These AI-driven experiences take shape in a variety of different ways. For example, AI in CX can come in the form of a chatbot, intelligent voice-operated system or even in AI-driven applications that can provide translation services and pertinent data directly to the customer. Other ways of using AI in CX include the transformation of more back-end services, such as using machine learning to process and customize data traveling to and from an enterprise and its customers.

How AI can transform CX today
AI is not a single technology, but rather a class of different capabilities that can be applied to many different functions and contexts. Here are a few use cases where AI can feed into your CX strategy:

AI in natural language processing (NLP) based on speech recognition/synthesis. Natural language processing uses AI to "understand" speech requests using a combination of speech recognition and speech synthesis. Specifically, speech recognition technology is used to understand what the person is saying and speech synthesis is used to formulate a response. NLP can transform CX via the use of automated customer service and personal assistants. For example, enterprises can automate the customer service process to help customers book flights or troubleshoot problems by speaking with an AI assistant as if was another human. Apple's Siri, Amazon's Alexa and Google Assistant are common examples of personal assistants that use NLP.

Using AI and machine learning to customize and predict outcomes.Machine learning can be used to train a system to handle requests around a variety of functions. Once trained, a machine learning-enabled system can ultimately be used to understand needs of the customer, customize interactions with customers or predict specific outcomes based on a set of defined events. For example, online music listening patterns and customer-provided data can be processed to curate recommendations of new music that is customized per user, resulting in a more predictive approach to CX. In an IoT scenario, connected device usage patterns and sensor data in manufacturing can be used to predict maintenance before a car or machine breaks down, enabling an enterprise to provide differentiated customer service.

AI in image recognition. AI can process images to detect specific objects in an environment and enable other interactions. For example, a retailer can use AI via in-store cameras to analyze queues and the number of shoppers in the store, enabling the retailer to reduce checkout times by automatically summoning cashiers to help with checkout. Additionally, retailers can use in-store images to analyze gender, age, body type, style and other attributes in order to make personalized wardrobe recommendations.
Although AI isn't the Holy Grail in remediating every problem faced by today's enterprises, the AI technologies available today can prove overwhelmingly effective when used to transform CX and may be easier to implement that you think. Specifically, enterprises can begin infusing AI capabilities in existing applications that power customer service on mobile and IoT devices as well as via web applications.Adding AI into your applications via APIs
Infusing AI into your existing applications isnâ??t as difficult as it sounds. By using application programming interfaces (APIs), enterprise and application development professionals can introduce AI capabilities into their apps without needing an AI-dedicated engineer or data scientist to manage the actual machine learning and data training process.

Major enterprise cloud vendors, such as Microsoft, IBM and Google, as well as a number of emerging vendors, are already offering a rich set of AI APIs that can be easily accessed from the cloud, enabling enterprises to easily integrate these APIs into existing applications and add AI functionality in use cases such as vision, speech, language and conversational assistants. For developers of IoT, mobile and cloud applications, all that is needed to do is "call" the API within an application to utilize these functionalities. For example, a natural language processing API can be used to automate actions based on certain written requests or to process and react to insights around historic customer interactions.

APIs provide a simple and easy-to-scale approach to integrating AI in your IoT applications and beyond. As today's enterprises are facing a flood of new data from sources like mobile and IoT devices, infusing AI APIs in your applications may be key to ensuring unique and customer-centric experiences.
What's new for AI in CX
It's true that AI is on its way to being extensively used in enterprise but customers of tech-savvy companies are already from the use of AI through the implementation of develop-friendly tools which happen to be APIs. For instance, we are already seeing AI-drive technology in chatbots, that have quickly become a common place in customer service in online shopping.
If one gets the right approach and training, AI will continue to improve its ability to drive automation & intelligently process data. This will in turn help improve the state of CX as systems learn & adapt, which is going to enable more personalized, predictive and timely customer service. In order to keep up with our increasingly digital world, it is important to consider how technologies like Artificial Intelligence will help drive the CX strategy to both innovate and differentiate in a market.

Source: HOB