Wednesday, May 31, 2017

Chatbots to help sort thur the zettabytes of data...


There was an interesting article about ChatBots this week. Bots can augment human interaction, create greater business efficiencies, and remove friction from customer interactions. The bot market is about a $24b market. Industry leaders from IBM and Facebook are encouraging developers to create new bots that enable more personalized customer interactions. The real question comes down to what can we do with the tons of data we now have; well ecommerce can take advantage of bots to automate these new data sets. Natural language processing can be a driver in analysis “the ability for users to instantly interact with data via a bot interface. One can immediately see the practical value of this with larger data sets that would take a longer time to process — the efficiency of the bot architecture combined with the underlying power of big data analytics can deliver significant value in a short period of time”.

Bots can also be used to automate data collection, they can “automatically add to the knowledge about a customer by progressively asking for more information during interactions with your application or website”.

There are some downsides to bots; they still require human reviews throughout the process and they are subject to the human biases of the programmer.

No comments:

Post a Comment