Controversial call center analytics firm Loris raises $12M – TechCrunch

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While some surveys show that people prefer to talk to a human as opposed to a chatbot, whether they're shopping online or dealing with a customer service issue, that hasn't dissuaded companies from adopting them. A 2019 Salesforce report found that 53% of service organizations expected to use chatbots within 18 months. According to Statista, the size of the global chatbot market could surpass $1.25 billion by 2025, a steep climb from $190 million in 2016. A customer's satisfaction -- or lack thereof -- with a chatbot ultimately depends on the scenario and the capabilities of the chatbot in question. Obviously, a chatbot that fails to answer basic questions will lead to frustration.

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