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Psodgt 2371
Psodgt 2371
10 Use-cases -
Apply AI-ML for Digital
Transformation
Srivatsan Desikan,
Startup Marketing Lead (Blockchain & AI-ML)
www.linkedin.com/in/srivatsan
Agenda
1. Terminology Detox
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Create New Disruptive Innovation - Empower Workforce
Customer Experience Transform Processes Efficiency and Innovation
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Artificial Intelligence
“a system rationally solving complex
problems and taking real-time actions”
Machine Learning
“ability to ‘statistically learn’ from data,
without being explicitly programmed”
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Agenda
1. Terminology Detox
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© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Why Data Security?
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Applying AI-ML - Use Cases
Security will be critical for banks and service providers to enable and scale new business processes
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
CHROs believe cognitive firms use cognitive online sales driven
computing will transform HR technologies today by VPA in 2016
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Why New Banking Experience?
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Applying AI-ML - Banking Experience ReImagined
Personalized Experiences using Financial expertise to remote Virtual Teller machines enable core Contact center collaboration and
client and location analytics customers via virtual advisors banking experiences remotely analytics to improve services
"True innovation is about how you change the experience, how you add value to your customers.”
-Alyson Clarke, Forrester © 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Healthcare AI-ML Use Cases
Patient
Enhanced Patient MakingProducts
Making Products Closed Loop Digital
Engagement and
Engagement and Closed Loop Digital
Easierto
Easier toUse
Useand
and Monitoring Therapies
Adherence
Adherence Monitoring Therapies
Understand
Understand
Source: Mckinsey
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Data Driven Insights
Source: cbinsights
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
25 billion “things” Connected by 2020 Capture, Analyze & Target Real Time
1.7 MB New Data// Human/ Second by 2020
Individualized Services
Greater Customer Loyalty
Crowdsourced Ideas
Less Product Failures
65%
CEOs worried
about product
irrelevancy
75%
value chains will be
transformed digitally
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Applying AI-Ml - Opportunities
Consumer as Creators
65%
CEOs worried
about product
irrelevancy Virtual Reality
Robotics Everywhere
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Why Use AI to Predict Behavior?
66% 71%
Know Your Customer 60%
Of consumers used a coupon Shopped at retailers with Of on-site recommendations
Who, Wants What, Where, When, Why And How?
targeted based on likes* loyalty program* resulted in a sale**
* Price Waterhouse Coopers: Feb 2014, Achieving Total Retail Consumer expectations driving the next retail business model
** Fortune magazine article by JP Mangalindan quoting Sucharita Mulpuru, a Forrester analyst: Amazon's recommendation secret
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Applying AI-ML – Store Analytics
Teenagers Shelf Empty
Trespasser
Loitering Low Traffic
Low Product
Employee Only
Women's
Sleepwear Demand
No
Shoppers
Dim Lights
Suites
Seasonal
Belts
Formal Wear
Cosmetics High Traffic,
Bedding
Need more
Jewelry Swim Wear Associates
Shoes
Kitchen
Cashier Cashier
Junior's
Overcrowding
Context
Metrics for
Historical
Sentiment | Upsell
Insight
Call
CLV History
| CES | FCR | CSAT
Customer
Predict
Predict need
andnot
Identify customer
loyal
customer re-explain
state of mind issue
low-cost-to-serve
intent and customers
engagement
to purchase level
Discovery
Basic Search functions. But not for Complicated Queries
Transactional
Repetitive Transactions. But not for High Stake Transactions
Orders
Simple Everyday Orders. But not for Complex, High Value Orders
Support
Routine High Volume Services. But not for Confidential Advice
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
+ =
Trials & Demo
Price / Information Transparency Instant Gratification
Trials & Demo
Price / Information Transparency
Instant Gratification Personalized Personalized
Community and Reviews Community and Reviews
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
Agenda
1. Terminology Detox
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Cisco’s AI & ML Vision
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Cisco’s Product Portfolio
Reinvent the Security is Power a Unlock the Create Meaningful
Network Foundational Multi-cloud World Power of Data Experiences
Cisco can help your company lead in the new ML era© 2019 Cisco and/or its affiliates. All rights reserved. Cisco Public
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