Five Strategies To Create Value And Transform Industries

Posted by Sahar Hashmi, Contributor | 1 day ago | /ai, /innovation, AI, Innovation, standard | Views: 20


The chatbot (AI agent) market is projected to more than triple in value, growing from $7.8 billion in 2024 to $27.3 billion by 2030. AI agents are delivering measurable value across industries, creating new revenue streams and boosting operational efficiency. While the underlying technology is often similar, the financial impact varies by sector. Leaders who understand this landscape can pinpoint the most profitable opportunities while effectively managing risk.

AI Agents Are Creating Value Across Industries

Customer Service


Companies are already seeing substantial returns from AI agents in customer support. Klarna, for example, integrates AI agents with CRM and inventory systems to provide instant, 24/7 assistance. These agents handle routine transactions, answer common questions, and deliver tailored product recommendations—freeing human agents to focus on complex issues that strengthen customer loyalty.

Healthcare


In healthcare, AI agents are improving access, reducing costs, and generating actionable insights. Epic recently announced a major initiative to leverage AI agents for patient education, monitoring, and management. These tools enhance outcomes, streamline workflows, and support medical professionals, allowing them to focus on high-value care.

Education


EdTech is rapidly adopting AI agents to personalize learning and reduce administrative burdens. Duolingo’s interactive practice agent and Khan Academy’s Khanmigo tutor enhance engagement and learning outcomes. By combining proprietary content with advanced language models such as ChatGPT, Copilot, or Claude, educational institutions are creating scalable, cost-efficient learning experiences.
Creative and Professional Services
In creative fields, AI agents help professionals work faster and more efficiently. Tools like ChatGPT and Microsoft Copilot accelerate content creation, document production, and design ideation. They not only expand creative capacity but also unlock new revenue opportunities in professional and productivity services.

Financial Services


Banks are using AI agents to streamline transactions and improve customer experience. Bank of America’s Erica and Capital One’s Eno handle billions of interactions annually, from balance inquiries to proactive spending alerts, while enhancing security with features like virtual credit card numbers. Routine tasks are automated, freeing human advisors for complex financial guidance.

Five Strategies for Business AI Executives to Maximize the Value of AI Agents

1 Evaluate Fit


AI agents deliver the strongest returns in structured, repetitive interactions. Leaders must assess whether their challenges are well-suited to automation or still require relationship-based human engagement.

2 Differentiate with Data


Generic models rarely create lasting advantage. The real opportunity lies in customizing AI agents with proprietary data. Leveraging unstructured data through Retrieval-Augmented Generation enables differentiation and long-term growth.

3 Manage Risk with ROI and Transparency


Trust and transparency are critical for protecting revenue and reputation. Customers should know when they are interacting with an AI agent, and monitoring is essential to prevent misinformation or policy conflicts. Measuring both short- and long-term ROI builds confidence in AI deployment.

4 Measure with Key Performance Indicators


Beyond cost reduction, companies should track user satisfaction, retention, and accuracy to ensure AI agents deliver real business value.

5 Assess Market Adoption


Even the most advanced AI agent will fall short without a strong go-to-market strategy. Success depends on clear communication of value, multi-channel outreach, and ongoing updates that keep users informed and engaged.

The Executive Imperative

For executives, the long-term economic impact of AI agents will hinge on trust, safety, and accuracy. Leaders must ensure that AI agents are deployed with transparency and emotional intelligence, balancing automation with human oversight. By evaluating fit, differentiating with proprietary data, managing risk with ROI and transparency, measuring performance with clear KPIs, and assessing market adoption, executives can turn AI agents from simple support functions into strategic partners that unlock new revenue streams, enhance operational efficiency, and strengthen customer loyalty.



Forbes

Leave a Reply

Your email address will not be published. Required fields are marked *