analytics applications in contact centers make gains

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Analytics Applications in Contact Centers Make Gains Keith Dawson, Principal Analyst Contact Centers September 22, 2009

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Page 1: Analytics Applications in Contact Centers Make Gains

Analytics Applications in Contact Centers Make Gains

Keith Dawson, Principal Analyst

Contact Centers

September 22, 2009

Page 2: Analytics Applications in Contact Centers Make Gains

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Focus Points

• New Developments & Trends in Agent Performance

Optimization (APO)

• Impact of the Economy

• Emergence of Analytics & What it Means

• Strategic Recommendations for End Users

Page 3: Analytics Applications in Contact Centers Make Gains

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New Developments in APO

Key Developments, 2007-2008

• Reversion to cost control stance

• Headcount productivity & ROI key drivers

• Extended buying cycles

• Vertical market variations

• Focus on the smaller market

• Commoditization of core tools

• Increasing adoption of value-added applications

(analytics)

Page 4: Analytics Applications in Contact Centers Make Gains

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Analytics in APO – Market Drivers

• Analytics applications appeal to cost-cutters and

performance boosters

• Economic climate prods cost control and resource optimization efforts

• Increase in efforts to uncover root cause of

customer issues and amplify “voice of the

customer”

• Complex CC environments (multi-site, multi-skill)

necessitate better analysis tools

Page 5: Analytics Applications in Contact Centers Make Gains

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Analytics in APO – Market Restraints

• Downturn has lengthened purchasing timelines

• Commoditization of core tech driving prices

down, forcing vendors to push value-added apps

• Customer confusion about boundaries and

functions of related tools

• High cost of deployment for speech-related and other complex analytics tools

Page 6: Analytics Applications in Contact Centers Make Gains

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Increasing Environmental Complexity

Page 7: Analytics Applications in Contact Centers Make Gains

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Data Makes the World Go Round

• Contact center data enables:

• Prediction

• Analytics

• Better metrics/key performance indicators (KPIs)

• Finding root causes

• That allows you to:

• Boost customer satisfaction and increase revenue

• Meet service level objectives

• Increase first call resolution

• Reduce call waiting times

Page 8: Analytics Applications in Contact Centers Make Gains

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Contact Center Analytics Defined

A working definition:

hardware and software that:

1. Aggregates voice calls

2. Harvests trends and patterns

3. Compares across time and

data sets

4. Relates data to action steps

5. Shares findings with

whomever needs to know

Page 9: Analytics Applications in Contact Centers Make Gains

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What Do We Know About Its Use?

Note: Multiple mention question

Source: Frost & Sullivan End-User Survey, 2009

Page 10: Analytics Applications in Contact Centers Make Gains

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What Do We Know About Its Use?

Note: Multiple mention question

Source: Frost & Sullivan End-User Survey, 2009

Page 11: Analytics Applications in Contact Centers Make Gains

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Analytics in Context

1999 2003-2005 2009

Call recording

Quality Moni

toring

Business Intelligence

Reporting /

Analytics

Web Analytics

Performance Mgmt

Speech Recog-nition

Speech Analytics

Call center

Enterprise

Page 12: Analytics Applications in Contact Centers Make Gains

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Fostering Closed-Loop Continuous Improvement

Page 13: Analytics Applications in Contact Centers Make Gains

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Strategic Recommendations for End Users

1. Make sure the output of an

analytics system is actionable, not just

descriptive

2. Examine the existing

analytics tools in place, and see if they can be

connected

3. Look outward, to intelligence tools used by

other departments for help

in de-siloing contact center

analytics

Page 14: Analytics Applications in Contact Centers Make Gains

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Your Feedback is Important to Us

Growth Forecasts?

Competitive Structure?

Emerging Trends?

Strategic Recommendations?

Other?

Please inform us by taking our survey.

What would you like to see from Frost & Sullivan?

Source: www.frost.com

Page 15: Analytics Applications in Contact Centers Make Gains

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For Additional Information

For Additional Information

Jake Wengroff

Global Director

Corporate Communications

(210) 247-3806

[email protected]

Craig Hays

Sales Manager

Information & Communications Technologies

(210) 247-2460

[email protected]

Ashwin Iyer

Research Manager

Information & Communication Technologies

(650) 475-4537

[email protected]