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AI- POWERED CVM.

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Presentation on theme: "AI- POWERED CVM."— Presentation transcript:

1 AI- POWERED CVM

2 In this market context, best-in-class COMPANIES have six common core components
CUstomer EXPERIENCE Engage Customers choose when and how they engage with the business to enable an ever-growing array of channels. Meanwhile they now have Liquid Expectations (vis a vis Consumer). 4. DIGITAL PROCESSes Automate Processes that are automated and highly efficient, providing accuracy, cycle time speed, and significant data for use by the business. 2. Living services Evolve Create hyper segmented and rapidly evolving products & services that continually engage with the customer (chooser/user/end user). 5. APPLIED Intelligence Learn A central brain for the business, providing connected intelligence, powered by data and analytics, and guiding customer experience and business performance. 3. RAPID DELIVERY CAPABILITY Engineer Digital platforms, modern delivery methods and tools enable the scaled delivery of customer services and experiences using IT and networks. 6. INNOVATION CULTURE Grow A company personality that rewards risk-taking, encourages cross-functional cooperation, and data driven culture.

3 Customer retention pressures Increasing acquisition costs
High performers leverage ai to tackle the challenges of customer value management and harness the value of their data Well informed, price sensitive customers in saturated markets have a high probability to churn causing significant revenue losses Customer retention pressures The cost of new customer acquisition is significantly higher than keeping your customer base Increasing acquisition costs Customers face multiple options & choices all requiring their immediate attention and decision Too much choice Copyright © 2018 Accenture. All rights reserved. 3

4 AI can empower cvm to be data-driven
IN EVERY DECISION POINT RIGHT CUSTOMER RIGHT OFFER RIGHT TIME RIGHT PRICE Increase revenue per customer Increase offer acceptance rate Increase offer timeliness Increase revenue per offer “In typical CVM implementations, business rules decided by humans govern over 90% of the decisions” Copyright © 2018 Accenture. All rights reserved.

5 Ai powered cvm pillars AI capabilities can augment the CVM journey across the 4 following pillars Concepts DATA Data to train and fuel AI is more accessible; enterprises have invested in data, through implementations of Digital Strategies, supported by Big Data and Analytics PROCESS AUTOMATION Different types of data ingestion and ETL processes have been automated and hence reducing the risk of failures and eliminating any human mistakes DATA SCIENCE Utilize advance ML (like deep neural network), to simulate the human reasoning model, adding real-time process and transaction processing capabilities, as well as high customization capabilities EXPERIENCE Personification of virtual agents to the service landscape, seeking a "more human" approach between computer and clients FRONTEND BACKEND DATA ELEMENTS Presentation layer, consisting of messaging apps, portals, etc. It enables the receiving of information and proves the layer of interaction and experience. AI processing services are contained in this architecture layer. It performs input processing, process automation, performs advanced machine learning and computer vision The data repositories of enterprises (products, customers, etc.) or external data. Enables AI training and omni-channel integrations Architecture Copyright © 2018 Accenture. All rights reserved.

6 Our Approach is based on Deep personalization integration
Drive Superior Differentiation And Financial Outcomes DATA & SYSTEM ORCHESTRATION DATA SOURCES DATA ALIGNMENT ADVANCED ANALYTICS CUSTOMER/ EMPLOYEE EXPERIENCES WEB CHAT CAMPAIGNS CALL CENTER EXPERIENCE ORCHESTRATION ORCHESTRATION CENTER OF EXCELLENCE WHO Segmentation Genome Micro Clustering WHAT, WHEN Packaging & Scheduling Content Assembly Campaign Management Scheduling WHAT, WHERE, HOW Personalization Strategy MVT Business Rules Targeting AI/Machine Learning CUSTOMER ANALYTICS & MEASUREMENT This slide shows how all of these technologies can tie together. You may also want to highlight some messaging around orchestration – challenges / solution / benefits. Need focus more on the service component versus data - to show how the orchestration function goes across all business units and channels. This slide can be used to differentiate from smaller agencies or even holding companies that wouldn’t be able to do what we do Experience Optimization and personalization at scale requires a new kind of agency with a relentless focus on superior digital experiences tied to financial. We can execute the most complex work delivering unparalleled performance. When an experience optimization program is integrated into your global personalization program, experiences will be more consistent, data will provide a single view of the customer and ROI will be maximized. CRM / Customer Data Hub Example: Salesforce Web Analytics Example: Adobe Analytics Data Management Platform Example: Adobe Audience Manager Example: Blue Kai Optimization Example: Adobe Target Example: Maxymiser Example: Optimizely Copyright © Accenture. All rights reserved. Accenture Confidential Information |

7 Analytics insights to outcomes
Micro Segmentation Trend Spotting Social Networks Big-Data Sensing & Mining LTV Propensity Loyalty / Churn Next Best Offer Pricing Elasticity Real-time Channel Engines Branch Optimization Dynamic Website Sentiments Collections Predictability Risk models Fraud Detection NPS and Customer Satisfaction analysis Copyright © Accenture. All rights reserved. Accenture Confidential Information |

8 KEY SOLUTION CHARACTERISTICS
Plug n’ play Real time Ai driven ZERO INTEGRATION SYSTEM & CHANNEL AGNOSTIC MINIMUM TIME TO VALUE CONTEXT AWARE LOW LATENCY MAXIMUM PRIVACY FULLY AUTOMATED CONTINUOUS IMPROVEMENT AI SALES ASSISTANT Copyright © 2018 Accenture. All rights reserved.

9 BE MORE DIGITAL PROGRAM
MELIÁ BE MORE DIGITAL PROGRAM Accenture is helping Meliá to increase Direct Sales through advanced Digital Marketing, conversion rate optimization, redesign of their loyalty program. Results after one year include a 25% increase in direct sales, 25% increase in programmatic campaigns ROI, 30% increase in overall conversion rate, and 1 million enrollments to the new loyalty program. “Our Digital Transformation is not an option, we can only choose between leading the transformation or being dragged along by it. We have chosen the first.” José María Dalmau SVP Business Development, Meliá Personalized Marketing Copyright © Accenture. All rights reserved. Accenture Confidential Information |

10 EMBEDDING ANALYTICS, AI AND AUTOMATION TO TRANSFORM THE CUSTOMER EXPERIENCE
CALLS ANNUALLY 250K CALLS DEFLECTED/MO 3X CUST SAT RATE $30M ANNUAL SAVINGS $165M SAVINGS OVER 3 YEARS

11 Intelligent pricing solution
DEMOS Intelligent pricing solution B2B ACCOUNT MANAGER B2C DYNAMIC PRICING Copyright © 2018 Accenture. All rights reserved.


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