Intelligent Virtual Assistants by VAIOT

VAIOT introduced article about #IVA Intelligent Virtual Assistant, a conversational AI system that can mimic human interaction to carry out & optimize tasks.

The IVA solution can be offered by text and voice modalities and various channels and devices such as SMS, web chat, telegram, or even phone calls and smart speakers. Interestingly, the demand for effective customer engagement by corporations and small businesses keeps increasing, leading to higher IVA solutions.

According to Allied Market Research, the Intelligent Virtual Assistant market size was valued at $ 3.442 billion in 2019 and is projected to reach $ 44.255 billion by 2027, growing at a Compound Annual Growth Rate of 37.7% from 2020 to 2027. This projection could increase given the current global landscape and increased demand for IVAs in the e-commerce, insurance, and legal sectors.

VAIOT combines Artificial Intelligence and Blockchain to produce Intelligent Virtual Assistants that span three business lines over several sectors. These are:

• ✨ Business Line 1: The Merchant (AI Sales Assistant)
• ✨ Business Line 2: The Broker (AI Insurance Broker & Aggregator)
• ✨ Business Line 3: The Legal Assistant (AI Legal Assistant)

What is VAIOT?

VAIOT develops purpose-built virtual assistants powered by AI and blockchain technology allowing companies to move processes to AI-powered channels, as well as VAIOT-labeled intelligent virtual assistants delivered directly to consumers.

📰 INFO:

https://vaiotltd.medium.com/intelligent-virtual-assistants-explained-c798476e49de