The developments in Chatbot services have traveled a long way and have also achieved huge success and milestones since its beginning that started back in the 1950s.
During the initial years after the launch of this technology Chatbots were only used as an interface for web development services to enhance business interactions, however times have now changed and technology has also evolved greatly over the last few decades just like it has happened with easy to use CRM software in the CRM marketplace.
Now, if we look at the Chatbot technology we will certainly accept the fact, that although Chatbots were their all along, however, this technology has gained unseen momentum and popularity over the last few years. Especially in 2018-19 the trends in Chatbot technology has shown some amazing runs that portrays several tweaks to its traditional technology as it is becoming more and more useful for rendering support to the customers and prospects in small and medium-sized organizations that are using best small business CRM software platforms to enhance the customer experience associated with their offerings and find rapid business growth.
This is happening because, the recent development in the field of Big Data and AI (Artificial Intelligence) has significantly improved the level of technology usage in Chatbot development, helping Chatbots to evolve from simple answering applications to the advanced Chatbots that are smart and intelligent enough to effectively interact with prospects and customers in the CRM database .
Hence there are many organizations that are looking to hire app developers for implementing Chatbots in their business websites and integrate its functionality with an easy to use CRM for leveraging its power in providing world-class support to their prospects and customers.
Advancements in Chatbots nowadays are allowing the implementation of AI tools which is the main reason for Chatbots to gain this large consumer base, like small organizations with limited resources those that are most essentially in need of remaining online 24/7 using Chatbots.
Since Chatbot technology aids in providing instant response to the requirements and questions of prospects and customers living in completely different time zones across the globe.
According to the Harvard Business Review and InsideSales:
“A five-minute delay can result in your chances to attract lead decimation. In ten minutes the delayed answer will reduce your chances to get the effective contact up to 400%.”
Therefore, it can be easily said that with the extensive area for development, Chatbot technology just like easy to use CRM software, has a boundless unrestrained space and future to thrive and grow, but what seems to be the trend for this year provides us the picture as depicted below, as according to BusinessInsider:
“80% of businesses want Chatbots by 2020.”
Replacement of Legacy App Interfaces
There are several web and app development services in 2019 that have already adopted the trends with legacy app interfaces replaced and interchanged by unique interfaces, which results into using Chatbots for making interactive conversations with a customer instead of simply navigating through the UI of the app.
This way it has been found that businesses using Chatbots gets high-level of engagement with their customers, as irrespective of whether your customer is a Baby Boomers (age 55+) or a Millennial (age 18-34), people are looking to Chatbots for providing them on-demand answers to their questions in real time, since 55% of people in the USA believe the top benefit of interacting with a Chatbot is getting instant responses to their inquiries.
Follow-line of Google Duplex
Built on an RNN (Recurrent Neural Network) using ‘TensorFlow Extended’, a general purpose Google machine learning platform, Google Duplex is an AI (Artificial Intelligence) chat agent that can perform definite verbal tasks.
It has been recently observed that small and medium businesses that use best small business CRM software is using this innovative tool to book appointments and orders on the command of the users, which in the years to come can also be followed by other similar ideas, because technology never waits to evolve, which is more so pertinent in the present times.
Human-like Chatbot Experience
The entire race in the Chatbot technology is for rendering human-like experiences to the users of the application. Therefore, business establishments that are working on Chatbots are also slowly becoming smarter to deliver human-like experience through Chatbots, using technological advancements in AI, Big Data, Machine Learning, and Deep Learning.
Additionally, in an HBR survey, it showed that decision makers and business leaders are turning towards the broader umbrella of business automation technologies that also most importantly includes CRM integration with Chatbots, for things like marketing, sales, and customer support services.
According to the HBR study:
“Forty-two percent of participants believe automation technologies in these areas will mostly improve the customer experience. And 48% said that they already use automation technology for these business functions, with 40% planning to implement some form of automated technology by 2020.”
Chatbot powered UI
It has been found that UI or User Interfaces that are Chatbot enabled helps the UI to deliver information quickly, as interacting through Chatbots is a lot more simpler than using app-based UI tour.
Automatic Customer Support Center
The most advanced artificial based voice and other devices are the server-less technology that is currently deployed Over-the-Automated-Call-Center.
In the present times smart Chatbot development companies can help you to set up the automatic call center and infuse them with the deep domain knowledge base to serve the customers 24/7, and that too without any reduction in efficiency.
In-depth Customer Data Analysis
In the present times as AI is helping data mining and analysis activities that are most necessary for finding customer insights for businesses, hence Chatbots in 2019 are getting integrated with Machine Learning which is aiding Chatbots to solve even technical tasks.
Moreover, this effective analysis of Chatbots about customer insights and pattern recognition using Big Data and Machine Learning technologies integrated with the app along with data collected inside the CRM database is helping Chatbots to gain an advantage in real-time scenarios over the human mind.
As the ultimate goal of almost all businesses is to engage the customer, show them their plans, sell the customers their offerings, and provide world-class support services an innovative and futuristic Chatbot technology will definitely help businesses to achieve these goals.
Since looking at the trends in Chatbot technology although friendliness and approachability” are not areas where consumers believe Chatbots are particularly strong, according to a Drift report 15% of consumers in the US have used Chatbots to communicate with businesses in the past 12 months and this number is on the rise steadily.
To know more on how you can use technology to find massive business growth read our “Business Growth Manifesto”, to identifying areas that can be optimized or automated in your organization and then implement technology that will optimize, automate and improve your business processes.