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The new CIO mandate: Selling AI to employees

CIO

Nearly three-quarters of employees surveyed said they believe AI devices will make them more productive. Still, a report surfaced earlier this month that global banks and investment firms are examining the possibility of replacing entry-level financial analyst positions with AI. They need to have a culture of experimentation.”

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When CX and EX collide: technology strategies for a new era of working

CIO

But although customers would connect with employees through contact centers, contact center agents were not always seen as office employees. This means companies face the challenge of making their workspaces more appealing and productive. Searching for answers through all the channels they have access to reduces productivity.

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The $400 billion opportunity for AI in customer service

CIO

Generative AI will generate $404 billion annually in increased productivity and reduced costs for global businesses, according to McKinsey. Here are four use cases where customer service experts say generative AI can improve experiences for agents and customers. With enterprise spending on generative AI projected to hit $1.3

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4 industries where chatbots will have the biggest impact

CIO

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. Insurance: adding a personal touch to customer service In 2022, the global insurance sector spent $467 million on chatbot technology.

Industry 263
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3 Ways Companies Will Double Down on Agent Experience in 2023

CIO

The current state of the contact center agent is clear, but for those unaware or overlooking this opportunity for improvement: agent attrition rates currently hover around 40% , the cost of replacing just one agent is between $10k-$20k , and 97% of agents are sometimes or almost always burned out.

Company 324
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Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

The fresh capital was led by an undisclosed global fintech fund with participation from existing investors East Ventures, GGV Capital, eWTP and Emtek. . Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).

Insurance 327
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Real estate CIOs drive deals with data

CIO

Empowering agents with data Re/Max’s Ligon, who previously served as CIO of Prudential Real Estate and Berkshire Hathaway Home Services, oversees a cloud estate that includes Oracle Financials, Personify for membership management, and Inside Real Estate, a third-party industry SaaS platform tailored for brokers and agents.