European Commission awards Wiraya €2m to stimulate artificial intelligence innovation in Europe

The contribution will enable further development, validation and optimization of Wiraya’s artificial intelligence software to help Europe’s mobile operators improve customer value for their subscribers, and thereby customer loyalty.

The new functionality, Wiraya AI, automatically creates interactive voice and text communications, which allows individual dialogue with large customer groups. This will revolutionize the customer experience for a range of use cases such as upgrades, renewal, changes and support issues.

This will address rising industry challenges as European mobile telecom operators continue to tackle low customer satisfaction and loyalty. Despite advanced churn prediction models, operators often communicate with their customers as if they were still prospects, using generic communication that erodes trust and commitment.

Using machine learning, the software predicts and customises what, when and how to communicate with each individual, by matching the individual’s profile with specific communication journeys. With the implementation of Wiraya AI, 5% of the annual churning customers can be saved each year, corresponding to substantial savings for the operator, and increased customer satisfaction.

Read the full article here: https://www.totaltele.com/499258/European-Commission-awards-Wiraya-2m-to-stimulate-artificial-intelligence-innovation-in-Europe