CX Contact Center

Frost & Sullivan on contact center AI: Are you set up for success?

A new visual white paper from Frost and Sullivan examines how AI is reshaping the customer and employee experience and explores the fundamentals for success.  

5 min read

Updated on August 30, 2024

Published on April 03, 2024

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In this digital age where customer expectations are rapidly on the rise, it’s no surprise that the contact center is undergoing an AI-powered transformation. But how are businesses implementing AI in their contact centers? What do contact centers need to have in place to make the most of AI? Where can AI have the most impact?

We partnered with Frost & Sullivan on their latest visual white paper that dives into the state of AI in the contact center, explores its transformative potential, and stresses the urgency for businesses to adapt—and adapt quickly—to the changing landscape. The report’s useful findings can help companies strategize how to best navigate unchartered territory by examining what’s required to get the most out of AI.  

Check out the full visual white paper or read on for highlights.

Frost & Sullivan: Artificial Intelligence is Transforming the Contact Center

Are you ready for the revolution? 

Investment in contact center AI is set to double in the next two years

Frost & Sullivan provides valuable insight into how customer experience will evolve now that AI has taken center stage. While most companies are in the early stages of AI deployment, investment is expected to increase to over 70% across all AI areas in the next two years. Speech analytics, voice authentication, and process automation will be the biggest focus areas, but AI technologies across the board will see a significant surge in investment. 

Investment across all areas of AI is expected to increase to over 70% in the next two years according to Frost & Sullivan visual white paper

Having one platform for all communications optimizes AI in customer experience

A close look at companies’ customer experience (CX) priorities shows that the future of customer service demands an always-on, personalized experience. A sturdy foundation is crucial to answer such demands as leveraging CX information across departments, integrating digital channels, and managing the entire customer journey. 

Frost & Sullivan's visual white paper outlines how a simplified, integrated approach using a single communications platform can help lay the groundwork for AI. This approach brings your entire organization together and helps not only create a seamless omnichannel experience but also supports a hybrid workplace, empowers agents and employees, enhances operational efficiency, and reduces costs. When agents feel connected to the organization no matter where they are working and can easily access back-office experts, they can do more efficient and meaningful work. 

An AI strategy can be more streamlined and impactful when implemented on one fully consolidated communications platform that combines customer and employee experience.

The value of an omnichannel experience: Meet your customers where they are

Frost & Sullivan also highlights that your customers and clients want to interact with you on their channel of choice at a time that works for them. An omnichannel contact center, enabled through a single platform, allows organizations to view, manage, and respond to interactions in one pane of glass—anytime, anywhere, and on any device. While there are many benefits, it’s crucial to tread carefully and be mindful of the challenges that come with moving to an omnichannel solution, such as channel integration and agent training. 

Using this omnichannel approach, Caring for You, a nursing agency in Australia, has benefited from the Zoom Contact Center platform, reducing call wait times by 50%.

“We want to go where our customers’ needs are and not force them on a channel. With Zoom Contact Center, we can receive calls and talk with clients over multiple channels, all in the same interface, without having to learn three different software programs.”

 

Glenn Bardon, compliance and systems manager, Caring for You

Read the full story

Virtual agents and AI: The ability to resolve customer pain points

One channel where AI plays a key role is in your virtual agent or chatbot. The Frost and Sullivan visual white paper captures interesting data regarding virtual agents and the contact center. With top customer pain points being slow resolution time (33%) and inadequately trained virtual agents (33%), AI can step in and vastly improve the experience. Features like AI-generated flow builders and advanced intent recognition can enable more human-like responses, leading to faster resolutions and more satisfied customers. Now, businesses can feel confident directing simple queries to virtual agents while their live agents deal with more complex interactions. 

Top customer frustrations that have with your virtual agent channel according to Frost & Sullivan visual white paper

 

Video-enabled contact centers: A new key differentiator

Sometimes, a call or chat just won’t cut it. The paper highlights the emergence of video as a powerful tool for creating immersive and more personalized customer experiences. With 50% of companies using video chat in the contact center today, it’s a channel of choice for many customers. Video-enabled contact centers facilitate more meaningful connections, improve agent morale, and contribute to a customer-first organization.

What’s the best application of AI in the contact center?

It’s a common misconception that AI in contact centers is just about automated bots. With the dramatic entrance of generative AI (GenAI), innovative companies are leveraging AI to optimize performance, empower agents, and increase productivity. 

AI’s impact on agent productivity and effectiveness

AI-powered knowledge bases can pull up relevant information for agents in real-time, empowering them to provide more accurate information to customers. Automatically generated call summaries can remove the manual, time-consuming processes for agents, giving them time back to work on more interesting tasks. Integrating AI tools also allows businesses to capture data that helps supervisors provide real-time feedback and skill-building opportunities, reducing churn and increasing morale. 

AI boosts operational efficiency

The less-understood, and likely lesser-known, advantage of AI lies in workforce management. Intelligent routing systems, powered by AI, can analyze incoming requests, directing each query to the most suitable agent based on skills and experience. AI can also improve adaptive training programs for agents and managers alike, enhancing performance and providing targeted support.

Frost & Sullivan Recommends: Tap professional services for support

Professional services can play a crucial role in contact center transformations. Aligning AI technology with business goals, customization based on specific needs, and ongoing support are critical elements to driving successful outcomes. These are all areas where good quality professional services from your contact center provider can help you on your journey. 

Future-proof your contact center AI strategy

As the contact center landscape evolves, implementing AI as part of an integrated, omnichannel platform can empower your team to deliver exceptional customer and employee experiences. The revolution is here—are you ready to lead the charge?

Check out the full Frost & Sullivan visual white paper: Artificial Intelligence is Transforming the Contact Center to learn:

  • The current and future state of AI in the contact center
  • The fundamentals of successful AI implementation
  • Where AI can best be applied
  • Why the right professional services team could be the answer to successful implementation  

How Zoom can help

We’d love to help you on your customer experience AI journey. Zoom Contact Center, Zoom Virtual Agent, and Zoom Workforce Engagement Management have been built on our tried, tested, and loved Zoom platform. 

Check out how Major League Baseball is using our platform to expand its employee and fan experience. 

“Zoom has allowed us to continue a tradition of really being a technology-focused company and making sure that we’re using cutting-edge technology not only to advance our business but also for our fans.”

Noah Garden, Deputy Commissioner, MLB

Read the full customer story

Reach out today and we’ll show you how a simplified AI-powered EX and CX experience can set your contact center up for success.  

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Dropbox

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