For decades, organizations have tried to unlock the collective knowledge contained within their people and systems. And the challenge is getting harder, since every year, massive amounts of additional information are created for people to share. We’ve reached a point at which individuals are unable consume, understand, or even find half the information that is available to them.
Category: Knowledge Management
AI-Powered Search Engines?referred to as “Insight Engines” by Gartner and “Cognitive Search” by Forrester?can deliver significant value to organizations these days, provided certain risks are avoided.
Unstructured data, which comprises almost 80% of any enterprise’s data, holds untapped value when it comes to addressing challenges and embracing opportunities.
The data, information, and analytics economy runs on well-curated, structured data. No matter your industry?having good curated data and content is critical. It’s increasingly important as more data and content are generated. Intelligent tools to sift through content are more robust and at the same time, more “needy.” That means modern technology platforms, systems, and even content consumers require well-structured data and content to perform well. As most artificial intelligence (AI) practitioners state?”nothing starts without good data.”
Enterprise search projects start with intentions to provide ?Google for our organization’ but too often fail to deliver on that promise. In our experience, these projects fail due to a lack of sustained effort and governance. The commercialization of next-generation search technologies allows you to fulfill this promise if you take a systematic approach to implementation.
While interactive voice response systems (IVRs) have been invaluable in reducing contact center costs, we need to be honest: not many are delivering experiences that meet consumer expectations. It’s no surprise given the rise of digital channels.
There may be several generations that a KM system appeals to in different ways, but there are no generational differences when it comes to expecting high quality customer service and knowledgeable agents.
The consumer has spoken. Forrester Research asked 5,000 of them, “What created the biggest pain when you contacted a business for customer service?” They answered lack and consistency of agent knowledge, followed by the difficulty of finding relevant answers on company websites. So, what is driving this dissatisfaction?
Artificial intelligence (AI) has captured the imagination of a wide variety of businesses. I have this image of CEOs in boardrooms around the globe declaring, “We must have AI! Our competitors use AI! We can’t be left behind!” There might be some table-pounding associated with this scenario. There will certainly be corporate minions scurrying around to fulfill the AI dreams of their CEO.
Artificial intelligence (AI) is one?if not the?key technology of our decade. Technological advances in this field are not only fundamentally changing our economies, industries and markets, but are also exerting enormous influence on traditional business practices, many of which will disappear, while others will be transformed or completely reinvented.