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Why Chat Bots Are The Future of Communication
Why Chat Bots Are The Future of Communication
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How Do They Work?
• In short, these chatbots returns the response to the user, based
on their entered or conveyed input.
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Future lies with Chatbot
Services…
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“According to Chatbot Report 2019:
Global Trends and Analysis, Business
Insider experts predict that by 2020,
80% of enterprises will use Chatbot
Services. According to Lauren Foye, by
2022, there is a high possibility that
banks may automate up to 90% of their
customer interaction using chatbots. “
image source
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The Future Of Bots Is In AI…
The Basic
Keywords and Commands
The Simple
Support & decision Making
The Personal
Personalisation & NLP
The Complex
Turning Test
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Standalone conversation- machines, Beyond bots, using smart data to always learn and
Pushing Boarding Passes, status updates improve. Support agents with suggested answers,
and other automated messages. No humans involved use data collected on the customer to give a
personal , fast and correct answer.
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Why Chat Bots Are the Future of Communication
• Increased Customer
Engagement
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Industries/Sectors coverd by Chatbots
or Virtual Assistants
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Cost to Build Enterprise
“It ranges from $25,000 to $30,000 to build one well-structured chatbot. The
price range is dependent & varies according to the time it took to build,
technologies or languages utilized & the most obvious – developer’s fee &
working hours.
This is the basic range where most chatbot development services, design,
develop, and implement the customized chatbots.”
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