The UK’s $1.2 trillion tech sector is home to more than 3,000 artificial intelligence companies and over 60,000 employees working in AI. To recognise and appreciate UK AI excellence, the British Embassy in Paris recently hosted an event, inviting HYPERVSN and other key businesses in the space. We were represented by Stephane Burlon, Managing Director for France. Stephane was joined by Luna, the HYPERVSN Digital Avatar who has showcased our capabilities everywhere from CES in Las Vegas to ISE in Barcelona. Our AI-powered, 3D holographic, lifesized avatars offer relevant, accurate and empathetic service to customers and employees across a range of industries. Luna showed off her real-time, effortless communication as she engaged with guests, including Jo Hawley, Deputy Trade Commissioner for Europe.
Dressed in business casual for the special event, Luna brings to life the winning combination of AI and 3D holography. Photograph: British Embassy in Paris
“The British Embassy in Paris was delighted to host HYPERVSN during our AI for Growth reception during France’s AI Action Summit. It was great to interview ‘Luna’ about the strengths of UK AI. The Department for Business and Trade supports UK companies wanting to export internationally.”
– Jo Hawley, Deputy Trade Commissioner for Europe.
The Market For Digital Avatars
To the uninitiated, the idea of digital avatars as a relevant and resourceful business tool might sound farfetched. But, today, AI-driven technologies such as digital avatars are already making helping brands drive efficiency, improve customer experience and boost sales. From retail to healthcare to travel, these lifelike, intelligent assistants have almost endless applications for forward-thinking businesses. It’s no wonder this $20 billion industry is set to grow by a whopping 50% annually until 2031. Europe is the fastest growing region for digital avatars and, with the UK accounting for over 23% of the European market in 2023, we’re truly at the forefront of this innovation.
The Business Case For Digital Avatars
The impact of artificial intelligence on businesses in recent years has been phenomenal. 80% of executives have reported demonstrable improvements in customer satisfaction, delivery of service and overall contact centre performance as a result of implementing conversational AI. Digital avatars take all of the intelligence and efficiency of AI and encase it in an empathetic, relatable form. In fact, studies show that engaging with digital avatars elicits a similar emotional response as interactions with other humans. Digital avatars have been reported to increase customer engagement by 25% and, according to McKinsey, reduce operational costs by 50%. This technology isn’t just for customer experience; it can set businesses apart through employee engagement and immersive staff training. With the ability to interact in over 100 languages, the HYPERVSN Digital Avatar represents a strategic advantage for global, future-minded brands.
We’re humbled and inspired by our invitation to the British Embassy in Paris, and feel privileged to be playing a role in the development of this disruptive technology.
“The British Embassy in Paris was delighted to host HYPERVSN during our AI for Growth reception during France’s AI Action Summit. It was great to interview ‘Luna’ about the strengths of UK AI. The Department for Business and Trade supports UK companies wanting to export internationally.”
– Jo Hawley, Deputy Trade Commissioner for Europe.