servion logo Crafting CX Solutions
subscribe

Get the Servion Blog updates in your inbox.

Your ultimate CX destination

I frequently encounter inquiries about the actual benefits of integrating AI in contact centers and whether it truly yields measurable advantages, or if it's merely another overused business term and a facade for marketing purposes.

The answer to this is straightforward: "Yes." It is indeed real, with tangible use cases and substantial benefits. However, before delving into success stories, I'd like to provide some insight into the historical evolution and transformation of contact centers as a function over the past three decades.

Traditionally, contact centers were solely viewed as cost centers, and their key performance indicators (KPIs) revolved around optimization and efficiency enhancements. However, in the early 2000s, organizations began recognizing that customer churn resulted in significant revenue loss, and customer happiness was closely tied to customer service. This prompted a shift towards prioritizing customer satisfaction and first-call resolution as critical KPIs, moving away from average handling time (AHT) and agent volume. Simultaneously, the operational cost remained a crucial factor, leading to a focus on cross-selling and upselling to transform the contact center from a cost center to a revenue center, thereby transitioning the focus from customer satisfaction to customer experience.

In today's social media-driven era, the rapid spread of negative news makes it more essential than ever to deliver seamless and effortless customer experiences across all channels. Negative sentiments can quickly go viral, while building trust and a strong brand reputation requires substantial time. Consequently, a single instance of customer churn can result in multiple defections and hinder new customer acquisitions.

Imagine AI stepping in not to replace the human touch, but to enrich it.

  • AI aids in authenticating customers without the need for personally identifiable information (PII), thereby mitigating the risk of fraud.
  • AI streamlines self-service across all channels, ensuring a consistent experience and alleviating the routine workload for contact center agents.
  • AI supports all agents by providing consistent guidance on handling customer conversations, drawing from the expertise of top performers over the years. This reduces training time and enhances first-call resolution rates.
  • AI analyzes all customer interactions, discerning positive, negative, and neutral experiences, along with their underlying reasons. This enables businesses to make quicker and more informed decisions.

Numerous other use cases are available to address industry-specific and organization-specific challenges.

Let's explore five instances of how Servion has implemented contact center AI for clients in recent years, resulting in enhanced productivity, reduced costs, and improved customer satisfaction:

1. Asian Bank Revolutionizes Customer Service with Bilingual AI Voice Assistant

One of Asia's fastest-growing private banks, with over 1,300 branches and a diverse customer base, faced overwhelmed contact centers handling 1.5 million calls annually. Servion developed and deployed Asia's first AI-powered bilingual voice bot, understanding and responding to queries in Hindi and English. Integrated with five banking applications, this conversational AI bot enables quick self-service.

The results? The voice assistant now handles over 15 million calls yearly, recognizing customer intent with 83% accuracy. This has significantly improved IVR time, reduced call volumes, and enhanced customer experience.

Explore the complete case study for additional insights.

2. A leading UAE commercial bank elevates its customer experience to new heights

The client is a prominent full-service commercial bank in the United Arab Emirates, established in 1985. To stay at the forefront of the financial industry, the client sought to revolutionize its customer experience. They aimed to implement a state-of-the-art cloud contact center with omnichannel capabilities, personalized, proactive service, and a revenue-generating CCaaS module. Servion was chosen as the migration partner to design, develop, deliver, and maintain the CCaaS end-to-end solution with the latest features that help them achieve business objectives.

Servion delivered a comprehensive, multi-vendor, end-to-end solution for AI-enabled inbound and outbound channels, digital channels, voice biometrics authentication, and workforce optimization. This unified system functions as a single engine, offering state-of-the-art customer experiences.

The impact? The modern cloud solution improved customer interactions and reliability, boosting overall satisfaction. The migration led to ongoing cost savings, optimized resource management, and increased operational efficiency.

Explore the complete case study for additional insights.

3. Leading US Health Insurance Provider Embraces Flexible, Cloud-Ready Contact Center AI

A major U.S. health insurance provider sought to modernize customer service and transition to the cloud. Servion, partnering with Google Contact Center AI, implemented intelligent chatbots and voice bots. The Google CCAI connector was a key component, allowing the existing on-premise platform to utilize Google CCAI's capabilities without immediate migration.

The impact? This channel-agnostic solution ensured consistent conversations across platforms, offering flexibility and compatibility with existing and potential future cloud systems. Agents were empowered with contextual information and sentiment analysis, leading to more informed interactions.

Explore the complete case study for additional insights.

4. Global Coffeehouse Chain Brews Success with Omnichannel Cloud Contact Center

A well-known multinational coffee retailer aimed to modernize customer service and internal communications. Servion, a global service delivery partner of Amazon Connect, implemented an omnichannel contact center. A Virtual Agent was implemented across the channels: Inbound Voice, Agentless outbound, SMS, and Chat to handle most repetitive self-service options.

Impact? A single platform provides an omnichannel experience to callers and agents: the introduction of a virtual agent improves troubleshooting and reduces resolution time.

Explore the complete case study for additional insights.

5. Leading stock brokerage firm in India resolves 80-85% of escalated cases using Interaction Analytics

A trusted and reliable stock broking firm in India, with a customer base of more than 10 million, had been experiencing a surge in legal and social media escalations from unhappy customers, resulting in significant adverse publicity. They wanted to understand the underlying causes of these dissatisfied customers. Servion partnered with an AI startup to provide a localized Interaction Analytics solution to uncover the reasons for escalations and drivers for negative sentiment.

Impact? With 100% interaction analytics and detailed reports, automated alerts were sent to the relevant team with escalation notifications, which were further neutralized by the team owners. This proactive approach successfully resolved about 85% of the daily escalations. This solution also reduced 47% of the firm's compliance audit time.

Explore the complete case study for additional insights.

These case studies illustrate the transformative power of AI in contact centers. From automating tasks to providing deep customer insights, AI empowers agents, improves efficiency, and elevates the customer experience. As we look ahead, AI will continue to shape the future of customer service. Be tuned to read about how GenAI is in Contact Center: Real or Bubble.

Discover how Servion's advanced contact center AI solutions can transform your customer service operations. Schedule a call with our CX experts to explore the possibilities today!