ServiceNow Announces AI Solutions in Xanadu ReleaseServicenow Infuses New AI Capabilities Into Purpose-built Industry Solutions With The Now Platform Xanadu Release
ServiceNow announced new AI‑powered, purpose‑built industry solutions in its Now Platform Xanadu release. The expansion of Now Assist into industry solutions for telecom, media, and technology, financial services, the public sector, and more allows organizations to recognize the value of GenAI, fast. For example, Now Assist for Banking integrates with ServiceNow Disputes Management, Built with Visa, to help drive productivity and boost customer loyalty through GenAI‑powered dispute resolution. In addition, ServiceNow launched new Retail Operations and Retail Service Management solutions to unify a retailer’s ecosystem—its store associates, store leadership, customers, headquarters employees, and field technicians—to deliver consistent and connected experiences across every channel, and in the store. ServiceNow is meeting the demand for purpose‑built solutions with its single platform and industry‑specific data models, transforming customer service and experiences for organizations such as BT, Sunoco, Ignyte, and Blackhawk Network. “The era of ‘one‑size‑fits‑all' is over. Organizations today demand solutions designed to meet the distinct digital transformation needs of their business,” said Blake McConnell, senior vice president and general manager of Industry Products at ServiceNow. “ServiceNow is partnering with customers across industries to build solutions that can quickly and effectively help solve their specific challenges, all enabled by the AI‑powered Now Platform. By focusing our capabilities on chronic industry issues, customers can see faster time to value and greater impact from their investments.” “By strategically implementing GenAI across core areas, organizations across industries can unlock new levels of productivity, efficiency, and customer satisfaction, driving sustainable growth," said Ritu Jyoti, group vice president and general manager at IDC. "ServiceNow's integration of GenAI into its industry solutions shows the company's commitment to customer‑centric innovation.” Harnessing the power of Now Assist across industries According to the ServiceNow Customer Experience Trend Report, 77% of leaders across industries either have or are planning to deploy GenAI to improve customer service operations, helping reduce costs, case volume, resolution times, and customer effort. This comes at a critical time when poor customer service can be the difference between lost and loyal customers. According to the research, nearly 70% of customers say they’re likely to switch brands based on a poor customer service experience. The expansion of Now Assist into ServiceNow’s industry offerings brings the Now Platform’s leading GenAI capabilities to telecom, media, and technology, financial services, public sector organizations, and more to power better experiences for customers and agents alike:
These updates build on ServiceNow’s commitment to delivering GenAI capabilities that are purpose‑built to help solve unique industry needs. Earlier this year, ServiceNow announced Now Assist for Government Community Cloud (GCC), which is now generally available and helps government agencies better serve the public while maintaining high security and compliance standards. ServiceNow also recently launched Now Assist for Telecommunications Service Management (TSM) to boost agent productivity, speed time‑to‑resolution, and enhance customer experiences. Expanding the Now Platform into retail to enable connected, efficient experiences Despite the increasing influence of e‑commerce, 72% of total U.S. retail sales are projected to happen in physical stores by 20281, making the in‑store experience essential. However, frontline associates and managers spend a significant amount of time on non‑customer related issues. They’re bogged down by manual tools and siloed operations, leading to excessive time spent logging information into old systems and less time selling on the store floor. Retail Operations and Retail Service Management are new solutions available in the Xanadu release that unify a retailer’s ecosystem—its store associates, store leadership, customers, headquarters employees, and field technicians—to deliver consistent and connected experiences across every channel, as well as in the store.
Built on the Now Platform, Retail Operations and Retail Service Management enable two‑way communication and visibility between stores and company headquarters, helping enhance staff productivity, reduce costs, and improve customer experiences. Source: ServiceNow media announcement |