Tech Talks Daily

3374: Concentrix CPO on AI, Trust, and the Next Generation of CX

Aug 7, 2025
Ryan Peterson, Chief Product Officer at Concentrix, discusses how AI is transforming customer service from a cost center into a revenue-driving powerhouse. He highlights the surge in upsell revenue, fueled by AI supporting human agents. Ryan emphasizes the rise of 'agent engineers'—new specialists who optimize AI systems, enhancing personalization and real-time engagement. He also showcases the award-winning iXhello platform, which exemplifies how AI enhances service without eliminating jobs, paving the way for a collaborative future in customer experience.
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ANECDOTE

AI Doubles Upsell Revenue

  • Concentrix saw upsell revenue rise from $500,000 to $1.6 million per month by supporting human agents with AI.
  • AI helps identify happy customers ready for upsell, creating over $10 million additional yearly revenue.
ADVICE

Test AI for Empathy and Escalation

  • Test AI thoroughly to ensure it handles conversations with empathy and knows when to hand off to a human.
  • Avoid fully replacing humans until AI is ready to maintain trust and prevent customer churn.
ADVICE

Effective Chatbots with Human Backup

  • Use chatbots for quick answers and ensure seamless handoff to humans with summary of what was tried.
  • Employ real-time translation in chatbots to engage customers in their native languages and reduce costs.
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