An AI-Based Customer Relationship Management Framework for Business Applications

Authors

  • Rashi Assistant Professor, Ajay Kumar Garg Engineering College, Ghaziabad, Uttar Pradesh, India
  • Biplab Kumar Biswal Professor, KIIT School of Social Financial and Human Sciences, KIIT University, Bhubaneswar, India
  • Y. Srinivasa Rao Assistant Professor, Department of Management Studies, VFSTR Deemed to be University, Guntur, Andhra Pradesh, India
  • Navin Kamuni IT Consultant - Tech Mahindra, M.Tech.(AI-ML), BITS PILANI WILP, New Delhi, India
  • Ramchandra D. Patil Assistant Professor, Department of Management Studies (Off Campus), Bharati Vidyapeeth (Deemed to be University), Navi Mumbai, Maharashtra, India

Keywords:

Artificial Intelligence, Customer Relationship Management, business applications, recommender systems, machine learning

Abstract

In the dynamic landscape of business applications, Customer Relationship Management (CRM) plays a crucial role in developing and sustaining connections with customers. This paper introduces a new framework that uses AI technology to revolutionise customer relationship management (CRM) systems, giving organisations a competitive edge. Customers now have more product and service information at their fingertips than ever before. Retailers have a problem in catering to client preferences for the correct goods and services due to the vast variation that results in consumer demand. In order to better understand client preferences, recommender systems might benefit from product evaluations, opinions, and shared experiences. In order to provide product recommendations, it is necessary to analyse a number of key factors, such as the number of items bought and seen, the list of people who have bought the products, and the total number of products. This proposes a hybrid recommendation strategy that integrates data analytics, collaborative filtering, and machine learning. In order to get an advantage over competitors, customer relationship management systems utilise machine learning models to analyse client personal and behavioural data in order to increase customer retention.

Downloads

Download data is not yet available.

References

M. S. Almahairah, "Artificial Intelligence Application for Effective Customer Relationship Management," 2023 International Conference on Computer Communication and Informatics (ICCCI), Coimbatore, India, 2023, pp. 1-7, doi: 10.1109/ICCCI56745.2023.10128360.

V. Asha, B. Saju, S. N. Dhirendra, Y. Kaswan, P. G C and S. P. Sreeja, "Machine Learning based prototype for Customer Segmentation using RFM," 2023 Second International Conference on Electrical, Electronics, Information and Communication Technologies (ICEEICT), Trichirappalli, India, 2023, pp. 01-06, doi: 10.1109/ICEEICT56924.2023.10157319.

F. Alhaqui, M. Elkhechafi and A. Elkhadimi, "Machine learning for telecoms: From churn prediction to customer relationship management," 2022 IEEE International Conference on Machine Learning and Applied Network Technologies (ICMLANT), Soyapango, El Salvador, 2022, pp. 1-5, doi: 10.1109/ICMLANT56191.2022.9996496.

F. Alhaqui, M. Elkhechafi and A. Elkhadimi, "Machine learning for telecoms: From churn prediction to customer relationship management," 2022 IEEE International Conference on Machine Learning and Applied Network Technologies (ICMLANT), Soyapango, El Salvador, 2022, pp. 1-5, doi: 10.1109/ICMLANT56191.2022.9996496.

K. Krishnareddy, T. V. Aravinda, K. Nair, U. K. Patel, G. Sadvokasova and V. S. Susan, "AI-based Fuzzy Clustering System for Improving Customer Relationship Management," 2022 Sixth International Conference on I-SMAC (IoT in Social, Mobile, Analytics and Cloud) (I-SMAC), Dharan, Nepal, 2022, pp. 673-677, doi: 10.1109/I-SMAC55078.2022.9987262.

T. A. Rospricilia and Mudjahidin, "Goals of Customer Relationship Management in Hospitals based on the Customer Life Cycle: A systematic literature review," 2022 International Seminar on Application for Technology of Information and Communication (iSemantic), Semarang, Indonesia, 2022, pp. 89-94, doi: 10.1109/iSemantic55962.2022.9920455. T. A. Rospricilia and Mudjahidin, "Goals of Customer Relationship Management in Hospitals based on the Customer Life Cycle: A systematic literature review," 2022 International Seminar on Application for Technology of Information and Communication (iSemantic), Semarang, Indonesia, 2022, pp. 89-94, doi: 10.1109/iSemantic55962.2022.9920455.

G. Lampropoulos, K. Siakas, J. Viana and O. Reinhold, "Artificial Intelligence, Blockchain, Big Data Analytics, Machine Learning and Data Mining in Traditional CRM and Social CRM: A Critical Review," 2022 IEEE/WIC/ACM International Joint Conference on Web Intelligence and Intelligent Agent Technology (WI-IAT), Niagara Falls, ON, Canada, 2022, pp. 504-510, doi: 10.1109/WI-IAT55865.2022.00080.

S. H. Krishna, N. Vijayanand, A. Suneetha, S. MahabubBasha, S. C. Sekhar and A. Saranya, "Artificial Intelligence Application for Effective Customer Relationship Management," 2022 5th International Conference on Contemporary Computing and Informatics (IC3I), Uttar Pradesh, India, 2022, pp. 2019-2023, doi: 10.1109/IC3I56241.2022.10073038.

F. Abdullah and Z. Jalil, "A Novel FCM and DT based Segmentation and Profiling Approach for Customer Relationship Management," 2022 2nd International Conference on Artificial Intelligence (ICAI), Islamabad, Pakistan, 2022, pp. 112-117, doi: 10.1109/ICAI55435.2022.9773772.

M. Sahlabadi, R. C. Muniyandi, N. Doroudian and O. L. Usman, "Impact of Cloud-Based Customer Relationship Management (CRM) in Healthcare Sector," 2022 International Conference on Business Analytics for Technology and Security (ICBATS), Dubai, United Arab Emirates, 2022, pp. 1-7, doi: 10.1109/ICBATS54253.2022.9758931.

S. Umamaheshwari, K. Harikumar and D. Allinjoe, "Customer Relationship Management using Sentimental Analysis," 2021 International Conference on Advancements in Electrical, Electronics, Communication, Computing and Automation (ICAECA), Coimbatore, India, 2021, pp. 1-6, doi: 10.1109/ICAECA52838.2021.9675766.

D. Song and C. Liang, "Application research of data mining technology in customer relationship management," 2021 4th International Conference on Advanced Electronic Materials, Computers and Software Engineering (AEMCSE), Changsha, China, 2021, pp. 1-4, doi: 10.1109/AEMCSE51986.2021.00244.

Y. Lv, "Research on customer relationship management of A company under the background of e-commerce," 2021 2nd International Conference on E-Commerce and Internet Technology (ECIT), Hangzhou, China, 2021, pp. 1-4, doi: 10.1109/ECIT52743.2021.00008.

H. R. Malik, N. A. Nawaz and M. B. Al-Zghoul, "Impact of Augmented Reality and Virtual Reality in the Transformation of Virtual Customer Relationship Management Sector," 2020 IEEE 7th International Conference on Engineering Technologies and Applied Sciences (ICETAS), Kuala Lumpur, Malaysia, 2020, pp. 1-5, doi: 10.1109/ICETAS51660.2020.9484306.

Y. Hu, "Implementation and Multi-Platform Test Algorithm for Customer Relationship Management Platform Under Multi-Structure Distributed Data Background," 2022 3rd International Conference on Electronics and Sustainable Communication Systems (ICESC), Coimbatore, India, 2022, pp. 1278-1281, doi: 10.1109/ICESC54411.2022.9885466.

M. Lubis and C. Wardana, "Analysis of Customer Satisfaction in Go-Food Services: Customer Relationship Management," 2020 8th International Conference on Cyber and IT Service Management (CITSM), Pangkal, Indonesia, 2020, pp. 1-8, doi: 10.1109/CITSM50537.2020.9268855.

N. K. Hikmawati, D. P. Alamsyah and A. Setiadi, "IT Implementation of Customer Relationship Management," 2020 Fifth International Conference on Informatics and Computing (ICIC), Gorontalo, Indonesia, 2020, pp. 1-4, doi: 10.1109/ICIC50835.2020.9288549.

C. P. Gupta and V. V. Ravi Kumar, "Artificial Intelligence and Internet of Things: Revolutionizing the implementation of Customer Relationship Management," 2022 ASU International Conference in Emerging Technologies for Sustainability and Intelligent Systems (ICETSIS), Manama, Bahrain, 2022, pp. 60-66, doi: 10.1109/ICETSIS55481.2022.9888821.

Downloads

Published

12.01.2024

How to Cite

Rashi, R., Biswal, B. K. ., Rao, Y. S. ., Kamuni, N. ., & Patil, R. D. . (2024). An AI-Based Customer Relationship Management Framework for Business Applications. International Journal of Intelligent Systems and Applications in Engineering, 12(12s), 686 –. Retrieved from https://ijisae.org/index.php/IJISAE/article/view/4552

Issue

Section

Research Article

Most read articles by the same author(s)