Generative AI and Customer Experience: Enhancing Personalization and Engagement
Businesses today are always looking for fresh ways to boost customer engagement and satisfaction. Generative AI is emerging as a game-changer tool, reshaping how companies connect with their customers. Using AI, businesses can craft experiences that feel more personal and engaging resonating with customers like never before. According to Statistaprojection, the Generative AI market will reach $36.06 billion in 2024, with a remarkable annual growth rate of 46.47%, hitting an impressive $356.10 billion by 2030. Generative AI has many focuses in many domains and customer experience is one of them. AI has been a huge blessing to the customer experience domain. It helps in retaining the customers and giving them the best possible experience possible. The biggest chunk in the Generative AI initiative is customer experience, further there are revenue growth, cost optimization, business continuity and so on. This blog dives into the whole criteria of generative AI in customer experience,...