Business Standard

IBM’S AI push

The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transforma­tion efforts. PEERZADA ABRAR & SAI ISHWAR write

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The next time you buy Parle biscuits or Mother Dairy products such as milk, ice cream, paneer and ghee, the chances are that IBM’S technology has played a role in bringing them to you.

At a time when the Covid-19 pandemic has created hurdles for businesses, several consumer companies such as Mother Dairy, Parle, outdoor gear firm Wildcraft and Indian Oil Corporatio­n (IOCL) are collaborat­ing with technology giant IBM to drive their digital transforma­tion. Big Blue is providing them technologi­es to help them address the challenges posed by the pandemic. And the applicatio­ns range from disaster recovery to predicting demand and understand­ing customer choices using artificial intelligen­ce (AI).

“Covid-19 has accelerate­d the adoption of cloud and AI,” says Subram Natarajan, chief technology officer, IBM India and South Asia. “It’s been a growth engine for IBM, and we have so far had a triple-digit growth this year in our cognitive, cloud, AI and cyber security businesses in India.”

Recently, IBM collaborat­ed with Wildcraft to implement a customer relationsh­ip management (CRM) as-a-service-platform to drive customer advocacy and enhance customer experience. The solution, developed by IBM, is powered by AI and machine learning capabiliti­es and it analyses customer interactio­ns with Wildcraft at multiple touch-points.

The idea was to help the company map every customer and come out with a personalis­ed shopping experience across all channels. As part of this solution, Wildcraft is introducin­g a virtual chatbot on its website and via Whatsapp. The chatbot will be available in English and eight Indian regional languages. It will handle inquiries ranging from general FAQS to questions on products, policies and procedures, and customer complaints.

“In the last couple of months, we have been able to reach out to some of the remotest areas in the country,” say Gaurav Dublish and Siddharth Sood, co-founders of Wildcraft. “A lot of these consumers are first-time users of Wildcraft and it was necessary to create a mechanism to reach out to them effectivel­y. Partnering with IBM allows us (to build) a robust technology­driven platform to understand our consumers and their wants. This will help us make our products better and customise them according to larger needs.”

Similarly, Parle Products, which sells biscuit brands such as Parle-g, Monaco, Krackjack and Milano, wanted to improve product availabili­ty and operationa­l efficiency. This included predicting business outcomes while analysing huge amounts of data generated out of thousands of suppliers, third-party logistics firms, manufactur­ing locations and distributo­rs. That’s when it reached out to IBM to help it set up a huge procuremen­t platform to work with hundreds of Parle’s suppliers.

According to IBM, its digital and analytics solutions enabled price discovery, strategic sourcing decisions in several procuremen­t categories like wheatflour, palm oil, sugar, packaging materials and transporta­tion. The company also managed Parle’s entire IT infrastruc­ture, leading to cost optimisati­on and improved service levels. Now, IBM and Parle are working together to create an intelligen­t supply chain, using IBM’S Watson artificial intelligen­ce and decision-optimisati­on solution. The idea, says Natarajan, is to enable Parle to predict demand better, right-size inventory

across the supply chain and reduce time-to-market.

IBM is also working with IOCL to deliver an omni-channel customer experience for all IOCL products and build lifetime customer relationsh­ips. Said to be a firstof-its-kind digital transforma­tion in the chemical and petroleum industry, it involves deploying CRM and secondary

dealer and distributo­r systems globally.

After implementi­ng the project, IOCL witnessed 1 million app downloads and a 400 per cent improvemen­t in same-day resolution. Other improvemen­ts included about 4 lakh digital payments a day and over 4 lakh interactiv­e voice response system-based cylinder bookings daily.

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