AI-Powered Operations Are Key to Improving Customer Experience
Communications service providers around the world recognize the need for immediate action on AI and automaton in their operations to boost cost-efficient customer experiences as the 5G-driven IoT and Industry 4.0 gathers pace. That’s just one finding in a new Ericsson report that shows AI and Automation in operations has moved from concept to operational reality in the boardrooms of communication service providers worldwide.
The report outlines how operations executives are using AI and automation to drive business outcomes and capture opportunities but also how they address challenges such as improving net promotor score (NPS) and cost efficiency. 90 percent state that AI is important in boosting customer experience.
8 in 10 service providers expect an increase in cost and added complexity as a result of adding new technology, while 92 percent of service providers have refined the use of network insights to drive performance during the last year. 9 out of 10 place customer experience and growing revenues high of the agenda and 7 in 10 service providers think technological transformation is a key challenge.
Ericsson’s research shows that most communication service providers are already working on AI and automation initiatives. However they say that technology alone is not enough. New skills and ways of working are required for service providers to become more digital. These organizational changes are at least as important as the technological aspects in a successful transformation to become more digital.
“The introduction of 5G and IoT, the explosion of connected devices and the battle to stay relevant have a profound impact on the ways in which networks and IT need to be operated. As 5G is introduced around the globe, service providers are faced with the challenge of having to manage more coexisting technologies and use cases, new service requirements, virtualization and network slicing. With this in mind, the complexity of managing next-generation networks will surely grow,” said Peter Laurin, Senior Vice President and Head of Business Area Managed Services, Ericsson.
The report shows that operations areas at communications service providers have always viewed themselves as heavily involved in the cost efficiency agenda. However, they now emphasize an increased customer experience focus in operations and are aware of the role they play in realizing this strategic priority of the wider business.