October 2020 - Page 6 of 6

Ingredients for Creating Customer Engagement with Interactive Chatbots

Posted on 06/10/202011/06/2021 by Tushar

The chatbots have made strides since their inception almost a decade back. There are many of them who gives customer support on Slack and yet others aim at lonely people keeping company with their surprising wit.

The potential of these chat based bots is game changing and there are many experts who even predict that these will eventually dislodge the apps with their uniquity, usage depth and importance in our daily lives.

Almost all of the technology majors are putting all their investments behind AI, which is in turn is based on machine learning and Big Data, as they are continuously trying to reach what may be termed as nearest to human intelligence. The bots in the present times are for initiating dialogues and to spur conversations with the customers.

However, there are many instances when these bots go bad. Some of these may tell the same thing repeatedly and yet some others are unable to answer the simplest questions, as the designers mistakenly overlooked that the humans often ask questions which are unpredictable and silly.

A poorly designed chatbot user experience will quickly turn a customer engagement into a terrible user experience. The users generally have high expectations from these bots powered by Artificial Intelligence. It is these which are taking customer experience to the next great level. The UX experience rendered by these bots must be able to make the customer feel as if the chabot is speaking in its own human language.

The foundations on which these bots are based on are not only dependent on the programming skills but there are lots of dependencies on the chatbot UX design. The usability of the bots is determined by how much they are able to answer the queries asked by their users.

Here are some UX elements that builds successfully the most engaging and interactive chatbot:

1. Smart Chatbot

AI must have the ability to comprehend in-depth human behaviour. Not much cross questioning is required, but they must be able to answer all the queries from the humans. Your bots appear with a smarter personality with fully incorporated AI and language interpretation in place.

2. Visual Representation

Humans prefer to think that the bots used by them are more like friends who are answering all their queries in the form of some useful information, rather than one human machine interface or for that matter a robot.

There are many users who quite annoyingly ask repeated silly questions to their bots, so that they must be designed in such a way, that the most polite and non-offensive answers are provided with.

3. Chatbots with Compact Replies

Short and simple answers are what attracts your users. If the chatbot is unable to reply in lengthy sentences, then they must be programmed in such a way that the replies are made in short and compact sentences.

The conversation with these bots is made more engaging and interactive with videos and photos to explain something in further details.

4. Escalation System in Chatbots

These bots also need some human supervision as it is not always possible to get all the answers based on them. There are some levels of interactions which require customer interactions to be carried out with the company executives.

The best of the UX for chatbots ensures that the bots are programmed in such a manner so that it understands when to escalate the query to a higher level supervisor. This will make it possible to resolve the customer issues, without causing any delays whatsoever.

The bots that are developed must ensure that the bots say the right things at the right time. You can involve a set of random people to test the bot, whether it has the right effect. This will be successfully bring out those areas which were overlooked earlier. Once the flaws are rectified, these chatbots can be successfully displayed to millions of users. The chatbots must not be the ones that performs some mundane activities, but must be designed as a specialized purpose-driven bots that engage your target audience.

Anteelo is one of the best custom chatbot development company, that have seen an outstanding pace of growth, in a matter of two years time. They have worked in many verticals like restaurant, health, learning, entertainment and many more. They believe in delivering user-centric apps for their customers, utilizing cutting edge technologies.

Snap’s Lens Studio App lets you make your own AR animations!

Posted on 04/10/202011/06/2021 by Tushar

If you are a Snapchat user, you would agree that the Snapchat’s Lenses is the best thing about the app. You can add amazing AR filters and elements to your pictures and share with friends.

Till now, the Augmented Reality filters in the app were limited, but now the Snap has introduced an AR animation creation tool, called Lens Studio App, which will encourage people to create and share their own AR filters.

Do you know? Snapchat is the first company to introduce Augmented Reality lenses to the public.

Lens Studio App for AR Creation

Lens Studio desktop app is the simpler version of what Snap’s own team is using for creating AR filters. It is free to download for Mac or Windows, and easy to use.

In Lens Studio, one can design static or animated objects, 2D cutouts, floating picture frames, windows to the other world, 3D objects and much more. These filters and objects can be seen using the rear camera in Snapchat and react when you tap, look at or approach them. Isn’t it interesting?

The Augmented Reality filters you create are firstly verified by Snapchat’s moderators to ensure that they are not related to weapons, stereotypes, violence, nudity, hashtags, hatred, violence or some illegal activity. Once verified, you get a Snapcode which you can share with the other users via social media, print materials, website, or other means.

The users can scan the code and use the Augmented Reality filter for next 24 hours. This time limitation to use a snapcode is expected to be discouraging for the overuse of a particular lens, limiting the burnout among the developer’s friends and viewers. However, it is an opportunity for the developers to update their code and provide a better user experience.

“This has been an amazing year for AR as a technology,” says Eitan Pilipski, who leads Snap’s camera platform team. “We are really excited to take this AR filters tool, and make it as simple as possible for anyone using Snapchat.”

Snap has partnered with seven AR development companies to build ‘world lenses’ for the rear-facing camera and ‘face senses’ for selfie camera, namely Media Monks, Avatar Labs, Trigger, Fishermen Labs, North Kingdom, Haus, and VidMob. Besides this, the company has said that the regular users would be facilitated with the opportunity to develop AR face filters, though no definite timeline is mentioned.

Snapchat is also looking forward to initiating various Lens Studio challenges, where they will offer rewards to AR app developers who create Lenses as per the proposed theme or use case. Right now, it is assumed that the recognition will be given on the new Lens Studio website. However, it can be expected to be switched to the Snap’s app to drive developer’s interest in the platform.

The release of AR animation creating tool is supposed to be not limited to hobbyist or developers. Rather, it is expected to be great medium for the companies to advertise their products/services. It’s also taken into an acknowledgement that the Snapchat has experienced a fall in its user engagement, and has introduced this feature to remain in the competition; there’s no proof that offering World lenses to everyone around will put Instagram on notice.

A Quick Overview of Chatbot Development : Benefits and Drawbacks

Posted on 03/10/202011/06/2021 by Tushar

According to ComScore’s 2017 US Mobile App Report, users spend 90% of their mobile app time in their top 5 apps. Surprised? Well, more alarming is that nearly 50% of their time is spent on a single app, leaving 18% lesser time for the second and other three apps. This means that until and unless your app is the first or second most used application, there’s no way to get valuable users’ attention. But, is it so easy to become the first choice of the users? With Google, Facebook and Apple leading the market in terms of user engagement, this seems to be nearly impossible. What to do then? How to rise above these tech giants? Well, the answer to these questions is Chatbot.

Chatbot- The New Face of App Market

“The tech industry continues to undergo critical changes. The Websites replaced the desktop Operating system, mobile apps trumped over the websites and now, the Chatbots are all set to surpass mobile applications.”

Chatbots are becoming a hype in the tech industry! Also called Bots and Messaging bots, Chatbots are considered among the best ways to reach the customers and keep them hooked. As per our experts, chatbots with the help of messaging applications are providing newer opportunities to brands for user attraction and engagement. It is offering a promising future to the businesses, and in fact, is supposed to surpass mobile apps by the year 2020. So, what’s your plan now? Ready to invest in the technology used by popular companies like Hyatt, Spring and HealthTap? To make it easier to decide, here we are sharing the merits and demerits of Chatbot Development.

Benefits of Chatbot Development

Reach a Wider Customer Base

As the messaging applications are gaining huge momentum over social networks and other applications, a Chatbot built into a chat platform like Facebook Messenger can help you to reach a wider customer base across the globe.

Increased User engagement

Chatbots are usually text-driven, with images and unified gadgets. It enables the users to get all the information under the same roof, without going through the whole content. In short, the bots screen out the content users which to know and deliver to them in no time. With the help of Artificial Intelligence, Natural Language Processing and Machine Learning, the chatbots learns from the user’s behavior, previous interactions and offer customized services/products. Also, it keeps the vital details like name, address, credit details, etc. into its storage which implies the user need not to provide these information again and again. Apart from these, the Chatbots keep consulting the users like humans about their previous experience, which helps the customers get emotionally linked to the bot.

“According to Gartner’s report, 85% of user communications will be managed without human involvement by 2020.”

Round the Clock’ Customer Service

Another reason why businesses are looking ahead to shaping the future with bots is its potential for ‘round the clock’ customer service. This empowers the customers to communicate regarding any product/service even in the midnight and get a response immediately.

Faster & Customizable Facility

The websites take a few seconds or minutes to load, while the mobile apps consume your storage space. However, the chatbots loads instantaneously and do not ask for separate phone’s memory storage. Thus, they win the race as users prefer mobility solutions with faster loading time and lesser memory consumption.

Besides this, the bot provides a wider array of services- ranging from diagnosing your health to buying a gift to booking a flight ticket at the same platform. This is one of the prime reasons users love bots over the mobile apps.

No More Stress of App Downloads

One of the challenges faced by the companies is getting their app downloaded. According to a report, though the number of app downloads is going to exceed 197 billion by this year, the rate of app downloads in the developed countries like the USA is declining to zero. In such a scenario, a Chatbot can be the ultimate solution for you! A Chatbot is integrated within the messaging apps, and need not be downloaded for usage. That means, your targeted audience can take the perks of your chatbot without compromising with their phone’s storage.

Lower Development Cost

With Chatbot development, you can be available on all the mobile platforms and devices; you no more need to rely on platform-centric development resources. You need not spend weeks and months on developing an app or wait for approval from the app store. Also, building a chatbot is much faster and cheaper. According to our developers, a top-class Facebook bot can be built at about half the cost of a mobile application. Isn’t that amazing?

Limitations

Immature

There’s no exaggeration to the fact that the Chatbot is the fastest flourishing technology in the field of app development. But still, it is not mature enough to give tough competition to humans and mobile applications. According to the top mobile app development companies, the bots gain knowledge by the interactions and might need a human assistant to handle the situation when something goes wrong.

The very best example of this is Microsoft’s chatbot Tay which turned from human-loving bot to a racist freak within 24 hours.

Can Replace Promotional, Retail & Content-focused mobile apps only

Although there are millions of applications on the App Store, about 75% of revenue is driven by games. Various mobile app development agencies have integrated the gamification into the bots to attract the younger audience, but there’s still tough competition in the market. The applications like Prisma, Pokemon Go and MSQRD are still ranking on the top, proving that mobile apps are still in business.

Conclusion

Now, as you are familiar with the advantages and disadvantages of Chatbot development, take the right decision for your business. For any further query or get a bot for your business, contact us!

AI Technology in Mobile Banking Apps: Redesigning the User Experience

Posted on 01/10/202011/06/2021 by Tushar

From Siri in the phone to Netflix recommendations on Smart TV, the Artificial Intelligence technology is revolutionizing our lives. It has become the hottest technology of the present time. Every small to medium businesses- from food chains to personal fitness centers are employing this technology to reap higher benefits. And finance industry is not at all lagging behind. Finance companies are also hiring the top mobile app developers to invest in this technology and enjoy its perks. Before we begin to delve the benefits of Artificial Intelligence in Finance and Banking sector, let’s have a quick recap of what is it all about.

Artificial Intelligence (AI) is a fusion of three state-of-the-art technology, namely Machine Learning, Natural Language Processing (NLP), and Cognitive Computing. The main idea behind this technology is to mimic the human intelligence and provide better communication between the humans & machines.

Artificial Intelligence Technology & Banking Mobile Apps

In the war of gaining a competitive edge in the marketplace, it is quite tough to rely completely on humans. The humans have a limit to the speed with which they do any task. They can’t act with the speed of light to deliver an impressive experience to multiple users at the same time. However, human intelligence machine can do this. And this is the prime reason they are gaining such a huge traction in the market.

Following are some of the benefits finance and banking industry is enjoying with the help of AI:

Customer Support

The banking sector is adopting the AI technology to enhance its support system and offer better value to users. The AI-based customer service Chatbots are imitating the human interactions and providing them desirable information/result in no time. This feature is helping users with relevant information and in tasks like recovering passwords. This way, it is cutting down the workload of financial specialists, empowering them to focus on more crucial tasks.

“Artificial Intelligence allows us to offer an experience that doesn’t require our customers to go through several pages on our website; they can easily get the information through simple conversations. This is a great time-saving convenience for busy users who are already using Messenger.”

– Steve Ellis, Head of Wells Fargo’s Innovation Group

Fraud Detection Technology

Fraud detection is one of the key areas excelled by Finance world with the implementation of Artificial Intelligence. The AI equipped apps easily identify the fraudulent activities and alert the customers. It also helps payment providers and retailers in examining and securing financial activities in connection with their firms.

Financial Planning

The Artificial Intelligence plays a significant role in assisting the users to choose the right plan for them. Using the data from the past activities of the users and offers from banks such as credit card plans, investment policies, funds, etc., the AI-enabled mobile applications are offering the most optimal recommendations to the users.

This feature is the core factor behind the revenue growth in the major banks and so, is highly in demand by many other entrepreneurs. If you are also in the finance business, reach to the top mobile application development companies today!

Automated Transaction

The users love automation and the opportunity of running timeline crucial tasks. Because of the same, the AI-based applications are ruling the industry. At Anteelo, our adept mobile app developers have built various projects based on automated functionalities.

Personalized Remainder

Various finance companies are implementing the AI based personalized reminders into their mobile apps. Just like an alarm clock, these reminders remain active for a certain period of time to enable users to perform a particular task on time. This feature is helping the users in renewing their policies and other such financial transactions before the time passes.

Wrapping Up!

Artificial Intelligence is heavily influencing the market, especially the finance industry. The industry’s leading giants have already begun to enjoy its benefits, setting a new stage of the competition. If you are a finance or banking corporation, it’s high time to hire the best mobile app developers and get your own AI-integrated app. Otherwise, you might find difficult to remain on the apex of the market.

Month: October 2020

Ingredients for Creating Customer Engagement with Interactive Chatbots