Top 5 Upcoming Trends About BPO Services in India
In order to deliver successful BPO services, we need to
understand the trends of BPO industry and incorporate them
into their business processes. Technologies like artificial intelligence, chat
bot and data analytics are making impact in BPO industry and their position
will become stronger in current year.
1) Artificial
Intelligence(AI)
AI industry will reach $50 billion in 2020 and is working as
the new driving force of BPO services. Predictive
analytics finds it’s roots in AI and it helps in collecting and analyzing data
and predict trends, patterns and correlations to create intelligent software
that learns from its data. Chatbots and call routing also uses artificial
intelligence extensively.
Bots offer a range of advantages over human agents: they
answer queries almost instantaneously and can handle multiple customers, 24*7
support. Virtual assistants handle simple routine queries, whereas agents manage
more complex issues.
With use of artificial intelligence algorithms task has now
been simplified and call is immediately directed to the right department/agent.
2) Advanced Analytics
Advanced analytics are being used to boost key performance
metrics and streamline the customer journey and convert it in customer delight.
AI supported advanced analytical softwares are being used to analyze heaps of
customer data and offer support agents more background on every query that they
handle.
Businesses now a days use multiple channels to connect with
customers, advanced analytics use this data for predicting customer behavior.
It is also being used to gauge agent productivity.
3) Multi Channel
Communication
Multi-channel communication creates a seamless, consistent
customer experience across multiple communication channels: chat, telephone,
email or social media. Agents across all channels have access to customer’s
earlier conversations. As a result, customers don’t need to explain their
background to agents multiple times. It results in efficient follow-up and
speedy resolution of issues.
4) Social Media
Social media platforms are immensely popular among customers
as customers prefer posting their issues/feedback on social media. Social media
allows for two-way communication. Incase customer has an unfavourable experience,
then they do share it with a wider audience. Natural language processing (NLP) is
used to analyze customer conversations and respond queries efficiently.
5) Cloud Facilitation
Cloud solutions allow organizations to add multiple
touchpoints to their workflows and deliver a consistent experience across the
entire spectrum. Cloud models offer a range of collaboration tools that allow
agents to work remotely and access real-time analytics. BPO industry is
employing more hybrid cloud solutions in the near future.
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