The rise of automation, AI and machine learning is beginning to disrupt the customer journey in ways that give organizations new opportunities for engaging consumers and prospects. When the average person is expected to own at least 13 connected devices by 2022, according to Cisco’s VNI Forecast Highlights Tool, and IoT devices can automatically make decisions based on lightning analysis of troves of data, where do existing digital, marketing, sales, research and customer service strategies fit in?
A recent IBM Institute for Business Value study, titled “The AI-Enhanced Customer Experience,” reported that 74% of respondents said they think AI will fundamentally change how they approach customer experience (CX). This requires a comprehensive and cohesive approach to use AI in augmenting CX at large, not solely focused on one IoT device or channel. Organizations can incorporate cognitive technologies that drive IoT functionality into purchase and decision funnel strategies at the onset of the IoT customer journey.
Define AI in the context of IoT
AI is key in myriad IoT devices that mimic cognitive functions across three key areas:
- Perception and vision. This is where IoT technologies — such as computer vision and facial recognition — trigger identity verification for biometric payment, account management or personalized features.
- Speech and language. Natural language processing makes sense of big data from conversations with smart home assistants, guiding users to action or resolution.
- Learning and analysis. This includes machine learning, deep learning and all the related algorithms that make sense of the data processed by edge IoT devices and in the cloud.
Within each phase of the traditional customer journey loop, seen in Figure 1 below, IoT touchpoints must capitalize on the aforementioned AI functions to improve CX and do so in concert with existing CX strategies across devices and non-IoT channels. When approached as a cohesive IoT customer journey strategy, organizations can deliver seemingly magical experiences that predict, surprise and delight customers with real-time relevancy as they traverse channels.
Best practices to integrate AI in the IoT customer journey
To read Jaimy’s best practices, continue over to TechTarget’s IoT Agenda for the full article as it originally appeared.