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Webinar: Leveraging Data Quality to Improve TCPA Compliance

Wednesday, April 5, 2017 - 9:00am - 9:45am PT


Recent trends such as the increase in households with mobilephones only and the rise of consumer lawsuits related to the Telephone Consumer Protection Act (TCPA) have companies such as Uber and Facebook dedicating significant resources to ensure their contact data is as genuine, accurate and up-to-date as it can be to ensure compliance.

Register for this free webinar and learn:

  • The potential direct and indirect costs of noncompliance with the TCPA
  • The important role data quality solutions play in compliance
  • Identifying line type to determine if a number is a wireless, landline or VOIP number
  • Real-time verification of ported date to determine if a phone type has changed to wireless

IBM Watson Aims to Improve Call Center, IVR CX
Call centers and interactive voice response systems are notorious for creating customer frustration. But new solutions that leverage artificial intelligence and automation aim to change that by providing customers and call center agents with the information they need more quickly. The IBM Watson Voice Gateway can connect conversations between call center agents and users, and serve up customer details and other relevant information to the agent. IBM notes that it accelerates access to information, allows for more personalization, expedites call center rep training, improves call efficiency and user experience, and results in enhanced workforce optimization.

8x8 Announces Availability of New Virtual Contact Center Editions
8x8, Inc. has announced the general availability of new 8x8 Virtual Contact Center Editions and implementation packages. The new solution and integration options are packaged and priced to better align features and value delivery with the specific requirements of companies adopting cloud for their contact center needs. The Virtual Contact Center Editions offer four simple packages that are designed with the features and capabilities necessary to meet the most common and innovative customer requirements. Some customers may simply require a voice-only contact center, while others need the full suite of features, including omni-channel and quality management solutions, offered by the 8x8 Virtual Contact Center.



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IDC: Technology Purchases from Line of Business Budgets Forecast to Grow Faster Than Purchases Funded by the IT Organization

A new update to the Worldwide Semiannual IT Spending Guide: Line of Business from the International Data Corporation (IDC) forecasts worldwide corporate IT spending funded by non-IT business units will reach $609 billion in 2017, an increase of 5.9% over 2016. The Spending Guide, which quantifies the purchasing power of line of business (LoB) technology buyers by providing a detailed examination of where the funding for a variety of IT purchases originates, also forecasts LoB spending to achieve a compound annual growth rate (CAGR) of 5.9% over the 2015-2020 forecast period. In comparison, technology spending by IT buyers is forecast to have a five-year CAGR of 2.3%. By 2020, IDC expects LoB technology spending to be nearly equal to that of the IT organization.

IDC's Line of Business taxonomy identifies two major types of technology spending – purchases funded by the IT organization and purchases funded by technology buyers outside of IT. Joint purchases can be funded by either IT or the functional business unit while "shadow IT" projects are funded from the functional area budget without the knowledge, involvement, or support of the IT department. Although some technology categories are dominated by IT spending, most involve outlays from both IT and the business units. For example, worldwide IT spending on servers, storage, and network equipment is forecast to total $114.1 billion this year, while LoB spending on these items will total $52.9 billion. However, IT is not the primary source of funding for all hardware purchases. Business unit spending on PCs, monitors, mobile phones, printers, and tablets will total $83.8 billion worldwide this year compared to $76.2 billion spent by the IT department. And line of business buyers will spend more on software applications in 2017 ($150.7 billion) than IT buyers ($64.7 billion).

The technology categories that will see the most spending from LoB buyers in 2017 will be applications ($150.7 billion), project-oriented services ($120.3 billion), and outsourcing ($70.3 billion). The categories that will receive the most spending from IT buyers this year will be outsourcing ($149.2 billion), project-oriented services ($82.2 billion), and support and training ($79.8 billion). Combined IT-LoB purchases of outsourcing and project-oriented services ($422 billion) will represent nearly one third of all technology spending worldwide in 2017. The technology categories that will see the fastest growth in spending over the 2015-2020 forecast period are tablets (16.2% CAGR for IT and LoB purchases combined) and midrange enterprise servers (14.7% combined CAGR). LoB buyers will also continue to invest aggressively in applications and application development and deployment (8.5% and 9.3% CAGRs, respectively).

More...


44% of American Consumers Say They Prefer Chatbots for Customer Service 

According to new research from the 2016 Aspect Consumer Experience Index, the desire for automated interaction is real. Forty-four percent of the respondents to the company’s annual survey said that if a company could get it right they would prefer to use a chatbot or an automated assistant for customer service interaction, up 4 points from the 2015 survey. Half of them said that they would rather conduct all brand interaction via text/messaging, with 39 percent saying the digital-first methods are more effective than talking.

A key survey finding is that brands that deliver automation in isolation risk alienating customers. An overwhelming number of consumers (88 percent) expect the context of their interaction on a chatbot to follow them as they transition to a live person. Delivering on this is essential because a good number of respondents think automated assistance will end up giving them the same frustrating experience that antiquated Interactive Voice Response solutions did.

A chatbot experience, broadly defined as a self-service experience, creates good will with customers. Sixty-One percent said chatbots will allow simple to moderate requests to be handled faster. But more importantly, Two-thirds of consumers said they feel good about themselves and the company when they are able to answer a question or solve a problem by themselves without the help of a customer service agent.

More...

Survey Unveils Results of CIO Survey: 80 Percent Planning Big Data Projects in 2017
 
Talend released the findings of a survey of 169 IT decision makers, indicating big data, analytics and governance top the list of priorities in 2017. The findings show real-time analytics, metadata management, and self-service data access make up nearly 70 percent of the projects IT leaders intend to execute in 2017, as they get their data in shape to pursue artificial intelligence (AI) and machine learning in the future.

The survey reveals that while the push toward digital transformation continues to be a focus, CIOs are also being challenged to spend both time and budget maintaining day-to-day business operations. As a result, their focus for the year ahead is split between technology advancement and “keeping the lights on.

The most notable CIO insights revealed by the survey include:

Big Data Projects are on the Rise: Enterprise organizations have reached a new level of comfort with big data, with just over 80 percent of respondents indicating they have plans for at least one big data initiative in 2017, which is almost double the number of completed big data projects in 2016. Focus areas for 2017 initiatives include big data analytics and customer-360 initiatives.

Real-Time Analytics is Top Priority: Twenty-six percent of respondents noted real-time analytics as their top priority for 2017. Metadata management was a close second at 20 percent, and self-service data preparation was a priority for 18 percent of respondents. While AI/Machine learning and Internet of Things (IoT) are on the radar of many CIOs, they rank much lower in importance, garnering only 10 percent and five percent of votes respectively.

Big Data is Most Often Used to Drive Internal Process Improvements and Advance Customer Service: The job of any IT leader is often split between introducing new technologies to improve the business and keeping everything running securely and cost effectively. This may explain why 27 percent of respondents noted the most valuable impact big data has made on their organization is helping improve internal processes. This was followed closely by improved customer service (20 percent), reducing operating costs (17 percent), and creating new revenue streams (17 percent).

IT/Business Relationship is Biggest Hurdle to Becoming Data-Driven: Thirty-five percent of survey respondents noted their biggest challenge to becoming data-driven was the relationship between IT and the business. Notably, this relationship gap was more of an obstacle than either budget (23 percent) or having suitable skills, which was only seen as a challenge by 16 percent of respondents.

Data Governance, Quality and Self-Service Trouble IT: When asked which of the following was the highest priority for their organization, IT decision makers showed a fairly-even split between data governance (37 percent), data quality (33 percent) and self-service (31 percent). These results highlight the pressure felt by organizations to ensure data is clean, managed and widely accessible so employees can leverage it for business success.

More...


Click here for more Industry Stats

When It Comes to Onboarding New Agents, Avoid the Sink or Swim Approach
Sink or swim suggests one succeeds or fails by their own effort. Tell me, is this the approach you’d take when on-boarding new agents? I hope not! Yet, when it comes to on-boarding, a flawed approach results in a sink or swim approach.
http://bit.ly/2kEInFf

IoT-Brand Building Opportunity for Customer Service Organizations
Whether consumers have heard of IoT or not, they will increasingly experience it in their daily lives in the near future. The challenge for contact center executives will be how to manage all of this new connectivity without adding customer service complexity.
http://bit.ly/2o0bQvk

Reducing Contact Center Agent Stress
For anyone who has worked in customer service, or in a contact center in general, mental stress is all too common. However, a contact center, as an organization, can always make adjustments to their policies and procedures, and managers possess the ability to directly influence the general mood and level of engagement within their department.
http://bit.ly/2k7pYRR

How CIOs Can Master Key Tech Trends to Drive Change
Accenture’s 2017 Technology Vision looks at IT trends and innovations that people will apply to shape business in the next three years. Let’s explore how CIOs should establish core competencies that align with these trends to become an agent of change in the digital era.
http://bit.ly/2nA6iHM

To Team or Not to Team? That is the Question
What does it take to actually think like a team player?  Many do not think that a contact center needs to work in teams.  Conversely, a team will make the contact center stronger, not to mention more effective.   
http://ubm.io/2mX4vL9


Data Quality in Marketing: Trends and Directions for 2017
Asking whether data quality is important to your marketing efforts is a little like asking if apple pie and motherhood are important – of course, the answer will always be “yes.” Recently, however, some interesting quantitative research was published that shed light on just *how* important it has become.
http://bit.ly/2mxBd9r

Extreme Teams: Why Pixar, Netflix, Airbnb, and Other Cutting-Edge Companies Succeed Where Most Fail
by Clayton M. Christensen, Karen Dillon, Taddy Hall, David S. Duncan

Extreme Teams looks at the new generation of teams driving growth in today's most innovative firms. They do this by tossing conventional wisdom and doing things differently.  The book takes you inside these bold companies and examines the teamwork experiments powering their results, including how: 

  • Pixar's teams use rapid-cycle feedback and no-holds debate to transform initially flawed films into billion-dollar hits
  • A culture of radical "freedom and responsibility" helps Netflix execute on the next big thing and transform its industry
  • Whole Food's super-autonomous teams embrace tough metrics and friendly competition to drive performance
  • Zappos embraces the weirdness and fun that sustains its success

Times change, and so must teams. Designing and managing high-performance teams requires upgrading outdated beliefs and behaviors, and creating in your company the level of intensity and collaboration needed to face down any challenge.

Click here for more information!

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