Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) -- The "Exploring European Use Cases for Generative AI in CX" report has been added to ResearchAndMarkets.com's offering.
The emergence of generative AI (GenAI) has sparked intense global interest in AI and how it can help improve customer experience (CX). Several factors drive interest in GenAI, including its positive impact on making conversational AI faster and smarter, enabling critical applications, including personalization at scale, improved self-service capability, enhanced agent assist or co-pilot functionality, and deeper data insights on massive data sets.
This analysis explores early use cases of GenAI technology on CX across European companies. Early indications from these use cases are encouraging greater adoption of GenAI in the region. Europe is leading other regions, with 71% of respondents indicating some use of GenAI today, compared to 65% globally and 69% in the United States. By 2025, 94% of European respondents predict some form of GenAI technology adoption.
While the use of AI for speech analytics and voice/biometrics authentication is lower in Europe compared to global adoption trends, sentiment analysis adoption is slightly higher.
Companies highlighted in this analysis that adopt GenAI see significant efficiency gains, cost savings, and improved productivity, encouraging widespread adoption of GenAI. The adoption of GenAI technology in early use cases is primarily for quality monitoring, agent-assist, speech-to-text transcription and summarization, and intelligent voicebots.
RESEARCH HIGHLIGHTS
- Key Takeaways from Contact Center AI Technology Adoption Data
- Among AI-enabled technologies, adoption of speech analytics and voice/biometrics authentication is lower in Europe compared to global adoption trends. Sentiment analysis adoption is slightly higher in Europe.
- Supporting Europe's many languages with AI-powered speech analytics is challenging, helping explain the region's slower technology adoption.
- Given Europe's stringent security requirements, including sovereign clouds, the AI EU Act, and GDPR, slower adoption of AI-powered voice/biometrics authentication is expected.
- Key Takeaways from Inteligent Virtual Assistant (IVA) Adoption Data
- IVA adoption in Europe is on par with other global regions, with IVA chatbot adoption slightly ahead of voicebots.
- IVA adoption in Europe is on par with the global average, indicating growing acceptance of AI-powered chat and voice bots.
- As its intelligence continues to improve, customer-facing GenAI-powered IVAs are the next step in bot evolution, with trials underway in Europe.
- Key Takeaways from Contact Center GenAI Adoption Data
- Europe is leading other regions globally, with 71% of respondents indicating some use of GenAI today. By 2025, 94% of European respondents predict some form of GenAI technology adoption.
- European-based contact centers are embracing GenAI. Use cases include transcription, interaction summarization, quality monitoring, and IVAs. This study features 4 active use cases.
- The rapid pace of GenAI innovation will quickly expand use cases in Europe and globally.
- Key Takeaways from AI Trends in CX Data
- Key contact center use cases for GenAI include agent assist/co-pilot and quality assurance and monitoring, which are promising for achieving agent performance, coaching, and training goals.
- Vastly improved analytics is an early and proven GenAI use case. However, awareness of this capability is more sluggish across Europe.
Key Topics Covered:
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the GenAI for CX Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
AI Trends in CX
- GenAI Impact on CX
- AI Technology Adoption
- Key Takeaways from Contact Center AI Technology Adoption Data
- Intelligent Virtual Assistant (IVA) Adoption
- Key Takeaways from IVA Adoption Data
- GenAI in CX Deployment Trends
- Key Takeaways from Contact Center GenAI Adoption Data
- Expectations for Key Areas of Improvement from GenAI
- Key Takeaways from AI Trends in CX Data
European Generative AI Case Studies
- Early European Use Cases for GenAI in CX - Culligan Voicemail Case Study
- Early European Use Cases for GenAI in CX - Pogust Goodhead Agent Assist Case Study
- Early European Use Cases for GenAI in CX - Major European Auto Manufacturer Intelligent Voice Bot Case Study
- Early European Use Cases for GenAI in CX - Amicio QM Case Study
Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
Growth Opportunity Universe in the Global Genset Industry
- Growth Opportunity 1: Advanced Analytics
- Growth Opportunity 2: Knowledge Management (KM) Performance
- Growth Opportunity 3: Language Translation at Scale
List of Exhibits
A selection of companies mentioned in this report includes, but is not limited to:
- Culligan
- Pogust Goodhead
- Amicio
For more information about this report visit https://www.researchandmarkets.com/r/of7jzy
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