Microsoft launches new AI applications for customer service and sales
Microsoft is currently on a mission
to bring machine learning to all of its applications. It’s no surprise then
that it’s also bringing ‘AI’ to its highly profitable Dynamics 365 CRM
products.
A year ago, the company introduced its first Dynamics 365 AI
solutions and today it’s expanding this portfolio with the launch of three new
products: Dynamics 365 AI for Sales, Customer Service and Market Insights.
“Many
people, when they talk about CRM, or ERP of old, they referred to them as
systems of oppression, they captured data,” said Alysa Taylor, Microsoft
corporate VP for business applications and industry. “But they didn’t provide
any value back to the end user — and what that end user really needs is a system
of empowerment, not oppression.”
It’s no
secret that few people love their CRM systems (except for maybe a handful of
Dreamforce attendees), but ‘system of oppression’ is far from the ideal choice
of words here. Yet Taylor is right that early systems often kept data siloed.
Unsurprisingly, Microsoft argues that Dynamics 365 does not do that, allowing
it to now use all of this data to build machine learning-driven experiences for
specific tasks.
Dynamics 365
AI for Sales, unsurprisingly, is meant to help sales teams get deeper insights
into their prospects using sentiment analysis. That’s obviously among the most
basic of machine learning applications these days, but AI for Sales also helps
these salespeople understand what actions they should take next and which
prospects to prioritize. It’ll also help managers coach their individual
sellers on the actions they should take.
Similarly,
the Customer Service app focuses on using natural language understanding to
understand and predict customer service problems and leverage virtual agents to
lower costs. Taylor used this part of the announcement to throw some shade at
Microsoft’s competitor Salesforce. “Many, many vendors offer this, but they
offer it in a way that is very cumbersome for organizations to adopt,” she
said. “Again, it requires a large services engagement, Salesforce partners with
IBM Watson to be able to deliver on this. We are now out of the box.”
Finally,
Dynamics 365 AI for Market Insights does just what the name implies: it
provides teams with data about social sentiment, but this, too, goes a bit
deeper. “This allows organizations to harness the vast amounts of social
sentiment, be able to analyze it, and then take action on how to use these
insights to increase brand loyalty, as well as understand what newsworthy
events will help provide different brand affinities across an organization,”
Taylor said. So the next time you see a company try to gin up some news, maybe
it did so based on recommendations from Office 365 AI for Market Insights.
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