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Why 90% of Global Businesses Will Use AI Translation in Customer Support

CSM Magazine

Providing exceptional customer support requires clear and accurate communication, yet language barriers often stand in the way. Traditionally, companies have relied on human translators or multilingual support teams, but these methods are costly, slow, and difficult to scale. The Growing Need for AI in Customer Support 1.

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The Explosive Growth of the Text Analytics Market: Trends, Opportunities, and Forecast

Thematic

Understanding the Text Analytics Market At its core, text analytics is all about turning unstructured text—like customer feedback, emails, support tickets, and social media posts—into something useful. billion by 2030. billion by 2030, growing at a CAGR of 39.9%. billion by 2030, growing at 17.8%

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Generative AI in Contact Centers: The Tech and Use Cases Driving a Revolution in Customer Service

Calabrio

In the process, the contact center AI market is expected to nearly triple in size between 2025 and 2030 as organizations expand investments, tools and capabilities multiply, and new challenges come and go. How can this technology translate into real, impactful improvements for your contact center?

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What is Text Analytics? Your Beginner’s Guide to Transforming Data into Insight

Thematic

billion by 2030. It’s the technology behind chatbots, speech recognition, and translation tools. IT teams use it to prioritize recurring issues found in support tickets. E-commerce brands analyze reviews and shopping histories to recommend products customers are more likely to love. That’s at a 39.9%

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Ways to Pay in 2023 – Encoded’s Top Five Payment Predictions

CSM Magazine

With an increase in online spending and new faster, easier ways to pay, companies should think again about payment technologies and ways to meet customer payment preferences. Looking ahead to 2023, here are five ways that payment technology will continue to underpin business success: 1.

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Comparing Outsourcing Quotes: 8 Things to Look Out For

Magellan Solutions

Other common tasks outsourced by small businesses: Digital Marketing (34%) Development (28%) Customer Service (24%) Human Resources (24%) By 2030, it is anticipated that the market for business process outsourcing would be worth US$525 billion, as demonstrated in Grandview Research. With nearly 1.44 Its market value in 2016 was US$106.46

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How the Internet of Things is Transforming Customer Experience

LiveChat

The technology is rapidly expanding and so are the number of devices. In fact, IHS Markit expects that by 2030, 125 billion devices could be connected via the IoT. With the support of Windows, Mac and Linux, you can be assured that it can be installed on all of your computers and those of your clients. #2.