Speech analytics - an essential part of contact center strategy

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Here’s why…. Why should Speech Analytics be a Part of your contact center strategy

Transcript of Speech analytics - an essential part of contact center strategy

Page 1: Speech analytics - an essential part of contact center strategy

Here’s why….

Why should Speech Analyticsbe a Part of your contact

center strategy

Page 2: Speech analytics - an essential part of contact center strategy

Every recorded call is

an opportunity

to transform your contact center

performance

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With speech analytics, you can rapidly analyze customer calls to drive rich insights and

boost performance in near real time

According to an Opus Research survey, commissioned by Uniphore,

49% of companies have already deployed speech analyticsto analyze customer recordings and

21% are testing it

49%

21%

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What’s driving the increased adoption

of speech analytics?

N= 500

To support intelligent transfer and escalation of service calls 23%

Fraud detectionand fraud-loss prevention27%

Compliance with relevant laws and regulation 30%

Increase sales and collections32%

Support of workforce optimization strategies

50%

Quick identification of customer intent and resolution of issues

52%

Rapid detectionof customer frustration

55%

Discover "root cause“ of customer experience failures

48%

Operating costcontrol

48%

Primary reasons to deploy speech analytics

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Superior customer

experience

and cost optimization are crucial for contact center success

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Make both

work to your

advantage with Speech Analytics

52%Revenue enhancement: Identify upsell/cross-sell opportunities

Promoting customer loyalty and retention

Continuous improvement of contact center operations

29%

43%

N= 500

72%Improved customer experience: Real-time implementation

68%Cost savings: Shorter call handling times

Primary benefits realized by respondents by deploying speech analytics

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Speech Analytics pays for itself

83%

of companies have

achieved ROI within

twelve months (both

from cost optimization and

revenueenhancement)

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This is How industries across the board

are deploying Speech Analytics

Telecommunications leads the way, followed by healthcare, retail, pharma and financials

29% 47%

52% 69% 40%

Banking Financial

Health-carePharma-ceuticals

Retail

Telecommuni-cations

Travel and Tourism

48%

49%

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what about the

challenges?

Benefits have been subject to hype for many years

There are limited number of applications for the technology

Speech analytics is too expensive

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They can be easilyaddressed by

Deploying

New apps New deployment architectures

Moving to cloud on a pay as you go basis

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The future of speech

analytics… is bright

According to Opus Research,

real-time speech analytics is

driving a high percentage of

companies to spend more on

Speech Analytics over thenext 1-3 years

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Companies across the

regions are deployingSpeech Analytics

NA has the largest percentage of standing deployments, followed by Australia and New Zealand

Australia/ New Zealand (n=100)

Deployed

N=247

44%

29%

64%North America (n=250)

South Asia (n=150)

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As you can see, Speech Analytics is no longer

a nice to have…

It is time to make speech analytics a part of

contact center strategy

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Count on us as your

strategic support partner

We can help you

make it happen.

Contact: [email protected]

For more details on Speech Analytics adoption,

Download the Opus Research Speech Analytics Survey Reportcommissioned by Uniphore.