Customer Relationship Management (CRM)

Concept and definition

Customer Relationship Management (CRM)

What is Customer Relationship Management (CRM)?

CRM is the abbreviation for Customer Relationship Management. It is a term used in business and refers to a strategic approach that companies use to manage and analyse interactions and relationships with their customers.

In the context of artificial intelligence and machine learning, CRM can be used to improve the customer experience by analysing customer interaction data and personalising interactions to suit customer needs and preferences. Artificial intelligence and machine learning can help companies identify patterns in customer behaviour and predict future customer needs and wants, which can improve the efficiency of interactions and increase customer satisfaction.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
How to increase a company's sales

All businesses usually plan for annual growth, although not all of them achieve it. Increasing the sales of a company in 2022 is [...]

Read More »
Artificial intelligence in the telecommunications sector

There is a broad consensus among executives of the world's leading companies about the impact that artificial intelligence is going to have on business and [...]

Read More »
Retail Future, a look at the future of Retail, where Artificial Intelligence could not be missing.

A few days ago we were able to attend a pioneering event in the world of Retail, the Retail Future 2022 fair. In its fifth edition, and under the slogan "Challenge [...]

Read More »
What is Data Mining?

Data Mining is a process of exploration and analysis of large amounts of data, with the objective of discovering patterns, relationships and trends that can be [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies