Intelligent CIO Middle East Issue 13 | Page 47

FEATURE: COGNITIVE CRM COGNITIVE CRMS CAN ANALYSE CUSTOMER REVIEWS/INPUTS ON SOCIAL MEDIA, PROVIDING DETAILED UNDERSTANDING OF POSSIBLE PATTERNS OF CUSTOMER DISSATISFACTION Marketing and campaign management Traditional CRMs are equipped with rule engines to target the right audience but on structured data only. With cognitive technology, another dimension would be based on unstructured data for targeting new customers based on data available on the internet enhancing the targeting. 7 Sales force automation Assigned leads can be tasked to virtual bot assistants, who would engage with prospective customers talking in natural language to find their interest, saving human interaction for more complex engagements. 8 9 Intelligent bots may mine unstructured data on social platforms to identify upsell/cross selling opportunities. This would depend of the customer’s intent to purchase something that is corresponding to your product portfolio and later passing on to a human. 10 Traditional CRMs act as data locking tools only. With cognitive CRMs all past interactions with similar products, similar customer and post-sales unstructured data available online can be crunched to form a sales strategy to win specific customers and or deals. www.intelligentcio.com INTELLIGENTCIO 47