change the future of cx will propel the hybrid …...vasco pedro is co-founder and ceo of unbabel,...
TRANSCRIPT
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March 26, 2020
How Humans and Virtual Agents will Propel the Hybrid Workforce and Change the Future of CX
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Moderator
Barry CantyVP, Marketing at TaskUs
Responsible for overseeing global lead and demand generation strategy. Barry holds a Business degree from Wake Forest University.
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How AI Drives Organizational Change
Agenda
Automating Customer Support
Customer Sentiment & AI
Agents + AI Creating Powerful Outcomes
Crisis Creates Opportunity
CX + AI Best Practices
Audience Q&A
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Speaker Bio
Vasco Pedro is co-founder and CEO of Unbabel, an AI language startup that has raised $91 million in funding. He holds a Ph.D. in Language Technologies from Carnegie Mellon and is a faculty member of Singularity University.
Vasco PedroCEO and Co-Founder of Unbabel
Delivering human-quality translations powered by state-of-the-art AI. Vasco holds a Ph.D. in Language Technologies from Carnegie Mellon and is a faculty member of Singularity University.
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Speaker Bio
Charley LeMasterSVP Sales & Business Development at TaskUs
A global next-gen CX BPO provider serving some of the most innovative and fastest growing brands across multiple industries.
Scott GamesterVP, Data Science at TaskUs
Scott has deep expertise transforming data into information and delivering advanced analytics and visualization. Scott holds an MBA
from Northeastern University.
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CX Studio is an interactive multimedia hub for all things customer experience. The studio features conversations with the world’s most innovative companies and how they’re pushing the needle forward with their customers.
Want to be a part of CX Studio? Send us a note at [email protected]
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Webinar Housekeeping
Submit Q&A anytime
Submit poll responses
Recording and slides emailed post-webinar
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Poll #1
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Making every business an AI driven business
How can AI drive organizational change?
Vasco PedroCEO and Co-Founder, Unbabel
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AI is here
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Generation AI650 million members
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NETFLIX
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GRAMMARLY
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“AI is definitely not eliminating jobs, it is eliminating tasks of jobs, and creating new jobs.”
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15
Job Interviews
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16
In-store operations
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17
Automating Customer Support
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Human in the loop
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The World’s Translation LayerUnbabel
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and
“A spike in demand, until recently, would have meant trying to recruit and train in a native language.
With Unbabel, we’re able to use resources from the spare capacity in the English queue, which means we can mobilize in hours, rather than weeks or months, to meet the demand. “
James Cross
Digital and Service Senior Strategy Lead, Microsoft
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Smartphones are already human extensions
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“Our brain produces enough
data to stream 4 HD movies
every second.”Mark Zuckerberg, 2017
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Cochlear Implants
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AI can help humans make more efficient
and transparent decisions.
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Poll #2
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Charley LeMasterSVP, Sales, TaskUs
How Human Agents + AI Create Powerful Outcomes
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A Look at AI in CX
The application and adoption of AI in customer service organizations continues to vary across the market.
Top Responses for Using AI
58% Improve ability to use data more intelligently in customer interactions
40% Empower employees with insights they can use to do their jobs
37% Decreasing labor costs through automating certain activities
19% Reduce inefficiencies related to manual processes
5% Maintaining pace with competition
Source: Aberdeen
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A Look at AI in CX
Factors impacting adoption:
Culture Consumers Resources Platforms Governance
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A Look at AI in CX
According to Gartner Use or Planned Use of AI
● The AI market will grow to $2.8B in 2020
● 25% of CX providers are applying AI today
● 40% of CX providers will apply AI by 2023
● By 2021, companies will invest more in AI than in mobile apps
Source: Salesforce
+143%projected growth rate of AI use over the next
18 months
24%
34%plan to use AI
within 18 months
While relatively nascent, AI is poised for exponential growth.
currently use AI chatbots
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Customer Sentiment
Human agent interaction is still preferred,but consumer acceptance and preferences are evolving.
49%Humans
25%AI/Bots
26%Equal
Which do you consider more time efficient?
While 1-in-3 prefer humans to AI, nearly half reported they would pick AI if it meant I could solve my issue faster.
Source: Zingle
Would you prefer to converse with chat bot or human for your customer service needs?
9%Chatbots
36%Humans
46%Human, but would pick
chatbot if I know it could solve my problems faster
9%Neither, I find both lacking for customer service needs
Source: Zingle
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Common Misconceptions
My customers prefer speaking to a person
● Deployed Bots = Deployed Agents
● Agent productivity is elevated as bots immediately interrogate basic needs
● In a complementary model (Agent+Bot), CSAT results proving higher vs agent-only
AI is not ready, it’s still too technical and expensive to deploy.
● AI platforms are pioneering AI-As-A-Service
● Supporting journey modeling, intent trees, workflow and deployment push
● Bots can learn and dynamically update smart intents for continuous tuning
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Common Misconceptions
Should I be concerned AI will replace my job?
● AI helps provide fast service for transactional, traditionally self-service issues
● Live agents remain paramount for resolving more complex customer needs
● AI’s contextual handoff to agents enables faster, more complete resolutions
AI is primarily used as a customer-facing
technology.
● Buzz is focused on chat bots, but big gains available behind the scenes
● Automate backend tasks that allow your agents to focus on higher-value work
● Seek automation opportunities that allow you to “efficiently scale” your team
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Much More Than Client-Facing Chat Bots
Web Transcription
ML platformreviews and posts
partner-data for QA and upload to client’s
commerce site
50% cycle timereduction
Virtual Teammate
AI-bot analyzes and responds to standard emails, with workflow
routing to agent if intervention required
30% auto-resolution, with accelerated TTR
Tender Processing
RPA+AI solution scans emails/docs, posts pre-accepted tenders for QA and upload to client site
60% cycle time reduction
Workforce Mgmt
RPA+AI dynamically reconciles and plans
agent work/leave schedules across WFM platforms
Reduced prior manual process time by 80%
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Agents + AI Creating Powerful Outcomes
70% of agents agree automatingroutine tasks allows them to focus on more complex work
Source: ZDNet
80% of CX professionals agree AI works best in augmenting rather than displacing agents
Service organizations leveraging AI are seeing positive feedback from customers and agent populations.
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Agents + AI Creating Powerful Outcomes
Service organizations leveraging AI are seeing positive feedback from customers and agent populations.
Service Professionals withAI Who Report the Following Benefits
48%
45%
42%
46%
38%
41%
37%
33%
36%
36%
37%
33%
39%
35%
37%
36%
Agent work prioritization 84%
Increased first contact resolution 82%
Reduced average handle time 79%
Increased CSAT or NPS 79%
Reduced agent call volume 77%
Increased agent morale 76%
Reduced agent email volume 74%
Increased case deflection 69%
Major benefit Moderate benefitSource: Salesforce
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Crisis Creates Opportunity
AI offers your consumers (and service teams) an always-on, immediate response channel as you reposition and complement your operation to address the new realities of support.
● Pivoting to WFH
● Many aren’t prepared for remote ops
● Online consumerization burgeoning
● Creating strain on CX orgs
Dynamics
The current challenge is forcing us all to rethink how we interact.
Considerations● Communicate service changes
● Transition consumers to digital channels
● Take advantage of AI platform offers
● Unique opportunity to trial, learn & refine
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CX + AI Best Practices
1 Keep your audience in mind, focus on customer and agent
2 Start slowly and improve over time
3 Augmentation not substitution
4 Align conversational context with agent personality profiles
5 Request feedback from the people who use it
AI has and will continue to become an increasingly importantenabling capability in the call center of the future.
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Poll #3
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Q&A
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Thank you!