ShepHyken

NOVEMBER 22, 2019

For businesses that have become the benchmark for top customer service, what are they doing differently? They also look into tools that can help gather useful analytics and track metrics. It all boils down to understanding the principles that differentiate a good support team from a great one. Consider the following: 1.

Customer Support 367

Customer Support Multi-channel support voip Benchmark 367

Expivia

NOVEMBER 20, 2020

This week we will be talking about 10 unique use cases for speech analytics. Speech analytics is evolving to have use cases not yet thought of. For those of you who use speech analytics and want to expand the ROI for them, this is for you. Using speech analytics we can determine how much silence a call contains.

Analytics 98

Analytics Morale Finance Benchmark 98

NobelBiz

JULY 25, 2023

Interaction Analytics often termed the keystone of customer engagement strategies, provides businesses with a profound look into customer behaviors, preferences, and patterns when engaging with products or services. What is Interaction Analytics?

Analytics 98

Analytics Call Center Contact center software Scripts 98

Pointillist

JUNE 15, 2018

In this post, I take an in-depth look at why customer retention matters and the ten powerful ways in which customer journey analytics can help you immediately improve customer retention. Hand-picked related content: How to reduce churn using customer journey analytics ]. 10 Steps to Improve Customer Retention with Journey Analytics.

Customer retention 110

Customer retention Analytics Airlines SaaS 110

ChurnZero

JUNE 2, 2021

SaaS Capital joined us for a webinar to share the results from their 10th annual B2B SaaS benchmarking survey. They just need to be aware of it and that’s why this kind of thing is helpful with the benchmarking data that you can compare. How does your company stack up to its peers in this regard? But it’s harder going.

Benchmark 98

Benchmark SaaS B2B B2C 98

Beyond Philosophy

APRIL 6, 2016

The methods used to understand competitors most often involve one or more approaches to benchmarking. Benchmarking goes beyond competitive analysis to interpret how peer organizations do what they do in terms of quality, time, cost and overall customer value dimensions. It is not copying the best.”

Gamification 150

Gamification Benchmark Automotive Wireless 150

ShepHyken

AUGUST 28, 2017

Ideas like understanding industry benchmarks and using feedback are for everyone. Business Over Broadway) The tools and methods of artificial intelligence, machine learning and predictive analytics will play a major role in helping businesses better understand and manage the customer experience. While nearly every major U.S.

Customer Service 205

Customer Service Contact Center Benchmark Big data 205

AWS Machine Learning

FEBRUARY 21, 2025

Besides the efficiency in system design, the compound AI system also enables you to optimize complex generative AI systems, using a comprehensive evaluation module based on multiple metrics, benchmarking data, and even judgements from other LLMs. Complete the following steps: Load the dataset for evaluation in the Example data type.

Benchmark 85

Benchmark Metrics Engineering Feedback 85

Joe Rawlinson

MAY 17, 2022

Now, the question is—what are the metrics and figures to benchmark for every industry? As with previous benchmark reports, the numbers have been consistently high for these industries. Here are some tips and tricks businesses can achieve this goal: Use analytics and eliminate poor-performing digital marketing channels.

Benchmark 15

Benchmark Advertising Entertainment Real estate 15

Callminer

NOVEMBER 25, 2019

Call on experienced managers for guidance in setting up benchmarks. “Experienced call center managers are helpful in setting up the initial performance benchmarks for a new outbound call center program. These benchmarks are, at first, estimated based on the past performance of similar outbound call center projects.

Best practices 182

Best practices Call Center Metrics Average Handle Time 182

PeopleMetrics

FEBRUARY 27, 2025

Automated Competitive Benchmarking Relationship surveys often include a competitive comparison section, but traditional benchmarking has been slow and limited by sample sizes. But humans still need to set the strategydeciding which areas of the customer relationship matter most and ensuring AI isnt missing the big picture.

Surveys 62

Surveys Benchmark Wait times Self service 62

Callminer

JUNE 9, 2020

Ultimately, AHT is not a success metric – rushing agents to close tickets, rather than resolve issues, would hasten your AHT but would not make for happy customers – but it is an important metric for calculating call center levels, assessing efficiency for the call center overall or for specific agents, and establishing performance benchmarks.

Average Handle Time 182

Average Handle Time Best practices Call Center Coaching 182

Calabrio

MARCH 27, 2025

Analytics What Is Average Handle Time (AHT) in the Contact Center? Setting an Average Handle Time Benchmark: What is a Good AHT? Whats more, with the right set of AI-driven conversation intelligence tools , you can leverage speech analytics help identify the root causes lengthy conversations.

Average Handle Time 52

Average Handle Time Best practices Contact Center Metrics 52

AWS Machine Learning

MAY 2, 2024

A common way to select an embedding model (or any model) is to look at public benchmarks; an accepted benchmark for measuring embedding quality is the MTEB leaderboard. The Massive Text Embedding Benchmark (MTEB) evaluates text embedding models across a wide range of tasks and datasets.

Benchmark 126

Benchmark Metrics Enterprise APIs 126

Callminer

APRIL 26, 2017

Speech analytics can have a great impact on FCR. Take this example: Aberdeen recently released a speech analytics benchmark study, in which it tracked two groups of contact centers: the “leaders,” which represented 30% of the sampled group, and the “followers,” which were defined as the bottom 70%.

First call resolution 140

First call resolution Best practices Contact Center Analytics 140

ShepHyken

APRIL 13, 2018

As has been widely noted in today’s marketplace, your customers’ opinions and expectations – for good or bad, reasonable or not – are your company’s new benchmark.

Feedback 206

Feedback Contact Center Journey mapping Surveys 206

TeleDirect

MARCH 20, 2025

Call auditing helps ensure that customer interactions meet established quality benchmarks while identifying areas for improvement. Data-Driven Insights Leverage analytics to spot patterns and trends from audited calls. Data-Driven Decision Making: Use analytics to shape strategy and operations.

Best practices 62

Best practices Calibration Average Handle Time First call resolution 62

ChurnZero

SEPTEMBER 28, 2021

It’s important to have NPS benchmarks in mind so you can start making effective changes based on your score. Benchmarks allow you to figure out when your score is good, when and where there’s room for improvement, and how you might compare to other competitors in your industry. External Benchmarks. Internal Benchmarks.

Benchmark 97

Benchmark SaaS industry standards Analytics 97

Peter Lavers

FEBRUARY 20, 2019

Watch the video report from Dimension Data’s 2019 Global Customer Experience Benchmarking Report Roundtable session. Customer analytics. Its data is © Dimension Data, 2019 Global Customer Experience Benchmarking Report, but the observations and conclusions are my own. Connected CX journeys. Digitalisation. Robotics and AI.

Chief Customer Officer 100

Chief Customer Officer Benchmark B2B Analytics 100

AWS Machine Learning

FEBRUARY 28, 2025

AI use cases include video analytics, market predictions, fraud detection, and natural language processing, all relying on models that analyze data efficiently. This post was written by Claudiu Bota, Oleg Yurchenko, and Vladyslav Melnyk of AWS Partner Automat-it. We conducted the tests in three stages, as described in the following sections.

Benchmark 98

Benchmark Best practices Engineering Technology 98

AWS Machine Learning

DECEMBER 13, 2024

This post was written with Darrel Cherry, Dan Siddall, and Rany ElHousieny of Clearwater Analytics. About Clearwater Analytics Clearwater Analytics (NYSE: CWAN) stands at the forefront of investment management technology. RAG benchmark Compare the fine-tuned models performance against a RAG system using a pre-trained model.

Analytics 81

Analytics Management Accountability Engineering 81

Upstream Works

SEPTEMBER 1, 2020

According to the 2019 Global Customer Experience Benchmarking Report from NTT Ltd., Lastly, access to reports and analytics will provide management, and the company as a whole, with valuable insights about their customers and contact center operations. According to the 2019 Global Customer Experience, Benchmarking Report from NTT Ltd.,

Contact Center 148

Contact Center Benchmark contact center solutions Coaching 148

NobelBiz

DECEMBER 3, 2024

Service Level Targets Service levels are benchmarks that determine the quality of customer interactions. Regular data audits and integration of comprehensive analytics tools help maintain data integrity. Examples include workforce management systems and predictive analytics platforms.

Call Center 52

Call Center Workload forecasts Average Handle Time Contact Center 52

Calabrio

MARCH 5, 2025

With Calabrio ONE VoC analytics tools , you can upgrade contact center performance by centralizing conversations from multiple sources in one place. Use predictive analytics Why not anticipate future customer needs, preferences, and behavior if you can? Based on historical data, AI forecasts future customer trends and demand.

Best practices 40

Best practices Benchmark First call resolution Contact Center 40

Tethr

AUGUST 13, 2020

Power’s leading industry intelligence, data, and benchmarks with the voice of customer insights delivered from Tethr to help organizations explore and pinpoint the specific areas needing attention to improve customer experience. Power is a global leader in consumer insights, advisory services, and data and analytics.

Customer Experience 120

Customer Experience Benchmark Best practices Big data 120

CSM Magazine

NOVEMBER 26, 2024

Predictive Analytics Predictive analytics allows businesses to anticipate customer needs by analyzing past behavior to identify patterns and forecast future actions. Predictive analytics is a forward-thinking approach that ensures the brand can stay one step ahead of its customers’ needs.

Finance 52

Finance Chatbots Banking Analytics 52

Peter Lavers

JANUARY 30, 2019

Three key subjects from Dimension Data’s 2019 Global Customer Experience Benchmarking Report that are vital for every B2B company to take a long, hard look at itself about. Customer analytics. The data is © Dimension Data, 2019 Global Customer Experience Benchmarking Report, but the observations and conclusions are my own.

B2B 100

B2B Chief Customer Officer Benchmark Analytics 100

AWS Machine Learning

MARCH 4, 2024

Current evaluations from Anthropic suggest that the Claude 3 model family outperforms comparable models in math word problem solving (MATH) and multilingual math (MGSM) benchmarks, critical benchmarks used today for LLMs. In this role, Swami oversees all AWS Database, Analytics, and AI & Machine Learning services.

Benchmark 145

Benchmark Finance Engineering Enterprise 145

TechSee

JULY 30, 2024

Analytics and AI practitioners have heard these “easy button” promises before. Test the results (new tiny LLM benchmarks are promising) and design escalation to an expert when needed. Conversation AI, specifically, multimodality, can supercharge customer experiences.

Benchmark 124

Benchmark Contact Center Accountability Analytics 124

Calabrio

MARCH 7, 2025

Call Center Industry Turnover Rate Benchmarks Call center turnover rates are notoriously high compared to other industries. Depending on the type of work performed, typical benchmarks range from as low as 15% to 45%, or even higher. And employee churn among new hires can be especially high. Contact center industry averages vary.

Call Center 52

Call Center Benchmark Contact Center Gamification 52

Interaction Metrics

JANUARY 31, 2025

They provide customized reporting and analysis, survey deployment via email, SMS, and phone, and national benchmarking to compare against competitors. Forrester Forrester focuses on benchmarking and CX insights but does not manage surveys, which makes them more of a consulting partner than a survey provider.

Surveys 62

Surveys Metrics Benchmark Consulting 62

Calabrio

MARCH 22, 2025

Leverage machine learning and analytics to predict call volume, anticipate changes, and then optimize schedules to minimize wait times and maximize resource utilization. Data-driven insights from tools like desktop and process analytics help identify bottlenecks and ensure that technology supports business goals.

Best practices 52

Best practices Contact Center Management Call Center 52

aircall

AUGUST 22, 2022

When it comes to unlocking those benefits, few tools have as big of an impact as call center analytics. Call center analytics are a clear win-win. Plecto ’s software consolidates data and analytics from numerous systems and organizes it into simplified, meaningful reports. Some of their go-to benchmarks include: Missed calls.

Call Center 62

Call Center Analytics Interactive Voice Response CRM 62

Calabrio

MARCH 25, 2025

AI and machine learning-driven chatbot analytics tools can be used to quickly analyze your chatbots interactions, seamlessly sifting through thousands of conversations to identify top contact drivers and sources of frustration.

Chatbots 52

Chatbots Analytics Contact Center Quality management 52

Customer Contact Central Submitted Articles

SEPTEMBER 6, 2022

In the absence of agent scorecard best practices, there exists no formal system to capture performance issues, benchmark them against industry standards.

industry standards 189

industry standards Benchmark Analytics Best practices 189

Cincom

FEBRUARY 14, 2025

Automate Price Calculations and Adjustments Utilize real-time pricing engines within CPQ to dynamically calculate prices based on market trends, cost fluctuations, and competitor benchmarks. Deploy predictive analytics to suggest optimal product bundles, add-ons, and discount structures based on similar deals.

Best practices 40

Best practices Sales CRM Finance 40