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:
Artificial intelligence to build customer loyalty

In today's oversaturated information market, it is becoming increasingly difficult to retain users. For companies, competition is increasingly [...]

Read More »
Differences: Machine Learning vs Artificial Intelligence

Artificial intelligence (AI) and machine learning (ML) are two of the most popular technologies used to build intelligent systems for the [...]

Read More »
AI and process automation to increase efficiency and reduce costs

In this article we are going to focus on how artificial intelligence (AI) can increase efficiency and reduce costs for your company by [...]

Read More »
Artificial Intelligence and the transformation of insurance: trends and challenges.

Today, consumers of any type of product or service have become demanding. It has been a long time since they were served anything [...]

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