Quadrant Knowledge Solutions Market Insights research provides detailed information about Bot Management in the Era of Conversational AI
Technological advancements in recent years have led to conversational AI expanding beyond its usual use cases involving call centers and virtual assistants/chatbots and witnessing tremendous growth in popularity due to the increasing demand for the technology in various industries. With the help of natural language processing (NLP) and machine learning (ML) technologies, conversational AI has been able to provide efficient and personalized customer experiences, leading to its widespread adoption in business operations. However, as the number of chatbots and virtual assistants continues to rise, the need for effective bot management becomes crucial. Additionally, businesses and organizations have been leveraging chatbots and virtual assistants to provide instant and efficient customer support. However, as chatbots become more sophisticated, so do the challenges in managing them effectively.
According to Sachin Birajdar, Senior Research Analyst at Quadrant Knowledge Solutions, “”In the era of conversational AI, effective bot management is essential to ensure the success of this transformative technology. Bot management has become more critical than ever with the increasing adoption of chatbots and is playing a vital role in the smooth functioning of conversational AI systems. Effective bot management involves monitoring, optimizing, security, training, and human intervention to ensure that chatbots provide efficient, as well as effective, personalized customer support. Prioritizing bot management can help organizations improve the customer experience, reduce the risk of bot failures or malfunctions, and ensure compliance with relevant regulations and standards.”
Table of Contents
- What is Conversational AI
- Importance of Bot Management
- Challenges Associated with Bot Management
- Solutions available in the market
- Future Trends
This Market Insight is a part of Quadrant’s Bot Management report.