Top Five Reasons Why Speech Analytics Initiatives Fall Short

Posted By Sheri Greenhaus   |   Monday, January 9, 2012   |   [0] Leave a Comment »

Revolutionizing QA with Speech Analytics

Posted By Sheri Greenhaus   |   Monday, January 9, 2012   |   [0] Leave a Comment »


Precision monitoring is a process that is enabled by the introduction of speech analytics into contact centers.  According to a new DMG report, managers set up special QA searches in their speech analytics application – it is a best practice to set up multiple searches to address various aspects of QA. Here are some recommended searches:

1.Greetings – define all of the appropriate ways agents should perform a greeting, and capture interactions where this does not happen.
2.Closings – same...

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Speech and Data Analytics Contribute to Business Intelligence

Posted By Sheri Greenhaus   |   Wednesday, October 12, 2011   |   [1] Leave a Comment »
Contact centers today have four core objectives:

1. To delight customers.
2. To sustain or increase revenue.
3. To minimize operating costs.
4. To provide valuable business insights to the entire organization.

The relative importance of each mission varies based on the nature of the enterprise. Organizations that have invested heavily in developing brand equity will be most concerned with customer delight and business intelligence. This would include virtually all businesses that cater to...continue reading this post »

Speech Analytics and a Unified Analytics Strategy for Workforce Optimization

Posted By Sheri Greenhaus   |   Monday, September 12, 2011   |   [0] Leave a Comment »

Analytics applications are deployed in a number of functions and departments within the enterprise, and for a number of requirements in service operations. It is as critical to sales optimization in the marketing department, for example, as it is to performance optimization in the contact center. As a result, analytics often performs in a cross-functional capacity, typically without the benefit of coordination among users.

In the contact center, “cross-functional” may be narrowly defined as...

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Capturing the Voice of the Customer

Posted By Sheri Greenhaus   |   Wednesday, July 13, 2011   |   [0] Leave a Comment »
Quality Monitoring has been a cornerstone of contact center operations for more than 30 years. It has served organizations well as a method of managing agent performance, while driving gains in operational efficiency and service delivery. However, while the traditional quality assurance (QA) process has been effective to this point, organizations are finding that QA alone is no longer enough. This traditional process makes significant assumptions on what customers really want and appreciate and...continue reading this post »

Additional Highlights from Call Center Week 2011

Posted By Larry Matte   |   Wednesday, June 29, 2011   |   [0] Leave a Comment »

The following are some more information on the vendors who attended the IQPC event.  

Analytics

For companies frustrated with isolated or disparate data sources, 360'CRM's latest advances in its InSight data analytics tool provides new levels of actionable information for the Call Center or Channel Management practitioner.  InSight not only automatically draws call center performance data in to a common, universally comparable dashboard and report analytics library, it also integrates internal...

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Call Center Week – June 2011

Posted By Sheri Greenhaus   |   Tuesday, June 28, 2011   |   [0] Leave a Comment »

The staff of CRMXchange was present at the IQPC Las Vegas Call Center Week. IQPC did a commendable job with the content and speakers in the event. The exhibit hours were long, running close to 11 hours on day one, but the vendors were pleased with the amount of interest that people showed in their products and services. 

We traveled the exhibit hall. Below are some vendor highlights.

Analytics

Contact Solutions – The Continuous Improvement Practice (CI) is based on a unique methodology and supported...

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Speech Analytics For Business Value

Posted By Sheri Greenhaus   |   Monday, April 18, 2011   |   [0] Leave a Comment »
The purpose of speech analytics is automatically mine for customer intelligence and performance optimization data within the context of a recorded voice interaction. Used in conjunction with a contact center’s recording technology, speech analytics scans recorded conversations with the objective of finding key words or phrases that can offer the user insights into such common business and performance factors

According to Saddletree Research, there are essentially three business use cases for...continue reading this post »

Speech, Performance, Desktop and Text Analytics The Case for Unified Analytics in the Contact Center

Posted By Sheri Greenhaus   |   Wednesday, March 16, 2011   |   [0] Leave a Comment »

With the advent of analytics in the contact center over the past decade, the industry has experienced unprecedented gains in operational productivity and customer service. Typically deployed as part of a workforce optimization (WFO) solution, analytics is a primary driver of performance and quality monitoring improvements. Analytics provides an objective means by which to identify where opportunities for improvement exist while providing a pathway for executing on those opportunities.

Analytics...

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Market Demand for Analytics

Posted By Sheri Greenhaus   |   Friday, March 4, 2011   |   [0] Leave a Comment »

The first decade has seen steady growth in market demand for analytics solutions
of all descriptions as evidenced by the results of the annual survey of contact center end-users conducted by Saddletree Research in conjunction with the National Association of Call Centers (NACC). An offshoot of the Call Center Lab at The University of Southern Mississippi, the not-for-profit NACC conducts surveys of its members and newsletter subscribers in order to keep a finger on the pulse of the industry...

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Earn Financial Incentives and Improve Customer Service with Speech Analytics

Posted By Sheri Greenhaus   |   Tuesday, February 1, 2011   |   [0] Leave a Comment »
Customer satisfaction has moved to the forefront of contact center goals.  Today, it pays to deliver exceptional, measurable customer service.  In addition to saving money by retaining customers, new programs offer financial incentives for superior service.  A noted example includes the Quality Bonus Payment for Medicare Health Plans.  But with such defined parameters for the contact center, how do you ensure your agents and business processes will make the grade?

Speech analytics is one...continue reading this post »

Revolutionizing QA with Speech Analytics

Posted By Sheri Greenhaus   |   Sunday, January 9, 2011   |   [0] Leave a Comment »

Precision monitoring is a process that is enabled by the introduction of speech analytics into contact centers.  According to a new DMG report, managers set up special QA searches in their speech analytics application – it is a best practice to set up multiple searches to address various aspects of QA. Here are some recommended searches:

1.Greetings – define all of the appropriate ways agents should perform a greeting, and capture interactions where this does not happen.
2.Closings – same approach...

continue reading this post »

The Value of Real-Time Speech Analytics

Posted By Sheri Greenhaus   |   Thursday, January 6, 2011   |   [0] Leave a Comment »

Your customers demand immediate and personalized service.  They require your agents to be customer-focused, efficient, and knowledgeable expert.  And above all, they need your agents to listen to what their current needs and wishes are, and provide the best relevant solution.

With Real-Time Speech Analytics driving agent guidance and process automation in the contact center at the moment of truth, agents are empowered to deliver relevant results and maximize revenues. 

The Variance Factor, where...

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DMG 2010-2011 Text Analytics Product & Market Report

Posted By Sheri Greenhaus   |   Wednesday, November 17, 2010   |   [0] Leave a Comment »


Text analytics has been a recognized IT sector for more than 15 years, yet it remains one of technology’s best-kept secrets. With an estimated 3,500 text analytics implementations globally, there is a huge opportunity for vendors to better educate the market on the practical application of this technology in the marketing and business worlds. And end users have a real chance to utilize this application to gain a competitive advantage by knowing exactly what is being said about them, over what...

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Helping your IVR Realize its Potential

Posted By Sheri Greenhaus   |   Thursday, October 14, 2010   |   [0] Leave a Comment »
According to Donna Fluss, President, DMG Consluting, IVR is perceived as a dependable core contact center application that runs without requiring a lot of attention. Most contact center leaders would prefer to invest in new solutions, like speech analytics, rather than in their old and dependable IVRs. The “catch” is that the right investment in IVR is likely to result in major cost savings.

DMG recommends that any organization that has not optimized their IVR application in the past three years...continue reading this post »

Analytics and Quality – A Perfect Marriage

Posted By Brian Spraetz   |   Tuesday, September 21, 2010   |   [0] Leave a Comment »

Quality management has stood as a cornerstone of contact center performance management for many years, and for good reason. It focuses on the interactions between agents and customers; those little moments of truth where customer satisfaction hangs in the balance. For the most part, quality management hasn’t changed much through the years. The advent and rapid adoption of analytics technologies in the contact center is about to change that.

A new white paper from Ventana Research explores...

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Analytics: Is It About to Change Quality Monitoring Practices?

Posted By Joe McFadden   |   Thursday, September 9, 2010   |   [0] Leave a Comment »

Joe McFadden, jmcfadden@enkata.com, Enkata

Ventana Research recently reported that 70 percent of companies have deployed quality monitoring.  In the majority of cases this is a manual process.   And that 73 percent of companies plan to improve this process over the next two years.  The report states that “ultimately, adopting contact center analytics will enable companies to automate the entire quality monitoring process, giving them the information they need to improve agent development and...

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Using Multi-Channel Customer Interactions to Get Ahead

Posted By Sheri Greenhaus   |   Tuesday, September 7, 2010   |   [0] Leave a Comment »
Getting ahead of your customers’ expectations, and even reactions to doing business with your organization, can present great challenges. Coupled with the breadth of multichannel service and communications media, it begs the question: “How well are you equipped to anticipate, analyze, and act on customers’ requirements and their experiences with your organization?”

Customer Interaction Analytics are solutions that include speech, data and text analytics, along with customer survey feedback....continue reading this post »

Leveraging Speech Analytics Inside – And Outside -- Contact Center Operations

Posted By Sheri Greenhaus   |   Monday, August 23, 2010   |   [0] Leave a Comment »
Every call coming into a contact center contains critical information. By using speech analytics to unlock the business intelligence from these customer interactions, companies can make improvements in their organization. Beyond just enhancing the contact center, speech analytics has far-reaching benefits to other areas of the company, such as sales and marketing departments. All of which improve customer satisfaction, save costs and drive revenue.

Vonage, the largest provider of Internet phone...continue reading this post »

CRM Evolution and Speechtek 2010

Posted By Sheri Greenhaus   |   Tuesday, August 10, 2010   |   [0] Leave a Comment »

The joint Speechtek/CRM Evolution conference offered attendees ideas, strategies, and technologies to help streamline business processes, improve customer satisfaction levels, and increase profitability.  Below is a review of just a few of the organizations we met with at the conference.

West Interactive has been very busy this year with the acquisition of Holly Connects, a voice platform, and TuVox, an IVR hosting and managed services company.  The acquisitions round out West’s ability to...continue reading this post »