Teams | Collaboration | Customer Service | Project Management

January 2025

What Is a Chatbot and How It Works: Types, Flow, and Benefits for Businesses

In certain industries, their concentration rate on B2B companies’ websites is 58%. And it’s predicted that the chatbot introduction is about to grow at a CAGR of 23.3% by 2030. Businesses that have implemented AI chatbots indeed witness remarkable improvements in customer communication, complaint resolution, and operations automation. This article is dedicated to chatbots, their types, and the benefits they bring into businesses’ daily operations.