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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on June 22, 2017

    Featured image for article about Top Stories

    Nina Coach Fosters a Smarter Virtual Assistant at a Faster Time to Market Leveraging AI and Hidden Agents                                          

    Nuance Communications, Inc. (NASDAQ: NUAN) today announced Nina Coach to enable a new generation of virtual assistants as part of a series of innovations for human-like and conversational AI technologies. With Nina Coach, organisations will be able to train and deploy a virtual assistant faster than ever before by tapping into artificial intelligence and leveraging existing human knowledge.

    Virtual assistant usage is on the rise, with Gartner predicting that chatbots will power 85% of all customer service interactions by the year 2020*. Just as students learn the fundamentals through basic schooling and then move onto college to concentrate on a focused area, the next generation of virtual assistants need to become smarter and more specialised in this same way. This optimisation is now possible through Nina Coach, which equips the VA with pre-existing knowledge such as chat transcripts and industry-specific dialogue from the start for a faster time to market. With today’s announcement, Nina will leverage AI and human assistance from live engagements to constantly improve the VA’s knowledge and natural language understanding (NLU).

    Through Nina Coach, when the virtual assistant has low confidence or does not know an answer to a consumer’s question, a live chat agent seamlessly enters the conversation, within the same engagement window, and has visibility into the transcript and history of the conversation. The human assistant can then either choose the best answer from a list of choices identified by the virtual assistant, or type in a separate response. As a next step, the action is recorded, analysed, and folded back into Nina’s semantic brain. This learning loop makes the NLU technology smarter and more accurate over time, so the virtual assistant knows the answer on its own moving forward.

    “There is simply no one-size-fits-all when it comes to offering an intelligent virtual assistant for customer service and simple question/answer bots no longer make the cut. Instead, these customer service virtual assistants, or chatbots, need to be smarter and capable of answering whatever question is posed to them regarding a particular domain,” said Robert Weideman, executive vice president and general manager, Enterprise Division, Nuance. “Adding cognitive, data-driven machine learning through Nina Coach will enable organisations to more quickly and accurately understand consumers’ intents and tailor content from the start. These more accurate and intuitive conversations build brand loyalty, reduce churn, and ultimately help organisations to obtain a faster ROI.”

    Nina Coach provides the following benefits to organisations:

    • Reduced deployment time of Nina by creating a new virtual assistant faster, utilising existing chat transcripts
    • Improved customer satisfaction through leveraging a hidden, human agent in case the virtual assistant doesn’t know the answer
    • Reduced cost for optimisation of the virtual assistant as Nina continuously learns from agent inputs

    In a single platform, Nuance is the only vendor to combine the tooling, intelligence and analytics of natural language processing (NLP) and cognitive technologies, as well as integrated security, to deliver automated and assisted solutions targeted to Enterprise needs. Nuance recently received the highest combined rating amongst Intelligent Assistant and bot vendors in the newly published report by Opus Research, “Decision Makers’ Guide to Enterprise Intelligent Assistants.” Nuance outscored all other Intelligent Assistant (IA) and bot vendors that were evaluated and ranked highest for its intelligent virtual assistant, underscoring Nuance’s leadership in the industry.  The award-winning Nuance Nina has been adopted globally by leading brands and organizations, including the Australian Taxation Office, Coca-Cola, Domino’s, Garanti Bank, ING Netherlands, IP Australia, Jetstar, Swedbank, USAA Bank,Windstream and more. Most recently, Domino’s Australia announced that Nina is powering the Domino’s DRU Assist virtual assistant.

    Nina Coach Fosters a Smarter Virtual Assistant at a Faster Time to Market Leveraging AI and Hidden Agents                                          

    Nuance Communications, Inc. (NASDAQ: NUAN) today announced Nina Coach to enable a new generation of virtual assistants as part of a series of innovations for human-like and conversational AI technologies. With Nina Coach, organisations will be able to train and deploy a virtual assistant faster than ever before by tapping into artificial intelligence and leveraging existing human knowledge.

    Virtual assistant usage is on the rise, with Gartner predicting that chatbots will power 85% of all customer service interactions by the year 2020*. Just as students learn the fundamentals through basic schooling and then move onto college to concentrate on a focused area, the next generation of virtual assistants need to become smarter and more specialised in this same way. This optimisation is now possible through Nina Coach, which equips the VA with pre-existing knowledge such as chat transcripts and industry-specific dialogue from the start for a faster time to market. With today’s announcement, Nina will leverage AI and human assistance from live engagements to constantly improve the VA’s knowledge and natural language understanding (NLU).

    Through Nina Coach, when the virtual assistant has low confidence or does not know an answer to a consumer’s question, a live chat agent seamlessly enters the conversation, within the same engagement window, and has visibility into the transcript and history of the conversation. The human assistant can then either choose the best answer from a list of choices identified by the virtual assistant, or type in a separate response. As a next step, the action is recorded, analysed, and folded back into Nina’s semantic brain. This learning loop makes the NLU technology smarter and more accurate over time, so the virtual assistant knows the answer on its own moving forward.

    “There is simply no one-size-fits-all when it comes to offering an intelligent virtual assistant for customer service and simple question/answer bots no longer make the cut. Instead, these customer service virtual assistants, or chatbots, need to be smarter and capable of answering whatever question is posed to them regarding a particular domain,” said Robert Weideman, executive vice president and general manager, Enterprise Division, Nuance. “Adding cognitive, data-driven machine learning through Nina Coach will enable organisations to more quickly and accurately understand consumers’ intents and tailor content from the start. These more accurate and intuitive conversations build brand loyalty, reduce churn, and ultimately help organisations to obtain a faster ROI.”

    Nina Coach provides the following benefits to organisations:

    • Reduced deployment time of Nina by creating a new virtual assistant faster, utilising existing chat transcripts
    • Improved customer satisfaction through leveraging a hidden, human agent in case the virtual assistant doesn’t know the answer
    • Reduced cost for optimisation of the virtual assistant as Nina continuously learns from agent inputs

    In a single platform, Nuance is the only vendor to combine the tooling, intelligence and analytics of natural language processing (NLP) and cognitive technologies, as well as integrated security, to deliver automated and assisted solutions targeted to Enterprise needs. Nuance recently received the highest combined rating amongst Intelligent Assistant and bot vendors in the newly published report by Opus Research, “Decision Makers’ Guide to Enterprise Intelligent Assistants.” Nuance outscored all other Intelligent Assistant (IA) and bot vendors that were evaluated and ranked highest for its intelligent virtual assistant, underscoring Nuance’s leadership in the industry.  The award-winning Nuance Nina has been adopted globally by leading brands and organizations, including the Australian Taxation Office, Coca-Cola, Domino’s, Garanti Bank, ING Netherlands, IP Australia, Jetstar, Swedbank, USAA Bank,Windstream and more. Most recently, Domino’s Australia announced that Nina is powering the Domino’s DRU Assist virtual assistant.

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