Hero Digital

FEBRUARY 20, 2020

This, in a nutshell, is prescriptive analytics. For a long time, the field of data and analytics was focused on describing what happened — how many customers bought the product, what they looked like, how many came back, etc. With the advent of advanced ML algorithms, analytics has now entered the prescriptive phase.

Big data 52

Big data Analytics Enterprise Government 52

AWS Machine Learning

NOVEMBER 3, 2022

In Part 1 of this series, we discussed intelligent document processing (IDP), and how IDP can accelerate claims processing use cases in the insurance industry. We also look into how to further use the extracted structured information from claims data to get insights using AWS Analytics and visualization services. Conclusion.

Analytics 93

Analytics APIs Healthcare Big data 93

Beyond Philosophy

JULY 4, 2016

I’m capitalizing the first letter of each word because the pervasiveness of digital transformation has all the feel of Big Data a few years ago and Reeingineering in the 1990’s. It is having most impact, and will likely continue to do so, in traditional industries such as retail banking.

Banking 225

Banking Customer centricity Big data Finance 225

TechSee

FEBRUARY 1, 2021

No longer limited to providing basic phone and Internet service, the telecom industry is at the epicenter of technological growth, led by its mobile and broadband services in the Internet of Things (IoT) era. AutomationEdge helps network providers automate data entry, invoice processing, and responses to queries.

Telecommunications 107

Telecommunications Chatbots Big data Average Handle Time 107

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. Generating Marketing Data. Proactive Customer Service. Lets break that down.

Analytics 98

Analytics Morale Finance Benchmark 98

TechSee

NOVEMBER 20, 2018

Truck Rolls – or the need to dispatch a technician to a customer’s location for service – represent one of the largest costs in customer service operations, across a wide range of industries. Data Analytics: From reactive to predictive response. Every time technician is dispatched, the company incurs a significant expense.

Technology 153

Technology Analytics Enterprise Call Center 153

C3Centricity

MARCH 15, 2018

Of course, in today’s data-rich environment I’m not really suggesting that you actually ignore it! However, in working with clients around the world and in numerous industries, I have found that many are lost by the wealth of information that is available to them. Find out more in this excellent article on Forbes.

Big data 124

Big data Analytics Personalization Entertainment 124

C3Centricity

MAY 25, 2020

In today’s data-rich environment I’m not really suggesting that you actually ignore data nor technology! However, in working with clients around the world as well as in numerous industries, I have found that many are lost by the wealth of information that is available to them. An Alternative Approach.

Technology 121

Technology Big data Analytics Personalization 121

VocalCom

AUGUST 26, 2019

Big data has been a buzzword in the customer service industry for some time now. As every brand knows, all data—big and small—can be applied in some manner to drive sales and improve customer service. Speech and text analytics. Web analytics. And how precisely should you use it?

Big data 48

Big data Customer Experience Abandon rate Contact center software 48

Natalie Petouhof

JUNE 16, 2016

Businesses are becoming more aware of the computer industry and the software is improving with each release. Enterprise resource planning (ERP) within the cloud is the engine utilizing data produced on the plant floor to power manufacturers. Big data is popular amongst business intelligence and analytics applications.

Big data 49

Big data Engineering Enterprise Analytics 49

Peter Lavers

OCTOBER 19, 2017

Apparently, you’ve got to be a Data Scientist now before you’re allowed near an analytics tool! Market segmentation operates at demographic or geographic levels, which when combined with researched psychographic and behavioural data creates distinct groups or personas that bring clarity a company’s product and marketing strategies.

Analytics 173

Analytics CRM Big data Marketing 173

AWS Machine Learning

SEPTEMBER 3, 2024

Harnessing the power of big data has become increasingly critical for businesses looking to gain a competitive edge. However, managing the complex infrastructure required for big data workloads has traditionally been a significant challenge, often requiring specialized expertise.

Big data 115

Big data Engineering Accountability Real estate 115

Callminer

AUGUST 23, 2018

No matter what industry you serve, chances are your customers have high expectations. Collecting this valuable speech and text data or over all interaction data is just the first step in managing customer expectations though. Actionable analytics is key.

Metrics 205

Metrics Contact Center Analytics Marketing 205

Beyond Philosophy

DECEMBER 23, 2015

Many are actively collecting Voice of Customer (VOC) data through surveys, feedback management, analytics and market research relating to customer retention, loyalty, brand equity and satisfaction. As a result, they are able to create enormous streams and bases of data – known, collectively, as “Big Data”.

Chief Customer Officer 250

Chief Customer Officer Enterprise Customer centricity Consulting 250

CSM Magazine

MAY 20, 2021

Fine-tuning this part of your customer experience is best achieved through the use of big data. Developing and properly deploying data sets will provide you with a clear path forward to inspire your customers and improve the terms of purchase. Using modern data. Driving up engagement.

Big data 52

Big data Customer retention Feedback Marketing 52

AWS Machine Learning

MARCH 18, 2025

As the healthcare industry continues to embrace digital transformation, solutions that combine advanced technologies like audio-to-text translation and LLMs will become increasingly valuable in addressing key challenges, such as patient education, engagement, and empowerment. He helps customers implement big data and analytics solutions.

Healthcare 84

Healthcare Analytics Consulting Consulting 84

Fonolo

OCTOBER 8, 2019

Big data is now used to address an increasing variety of business problems, from product launches to fraud and compliance. As retail contact center leaders gear up for the busiest time of the year, big data may be the last thing on their minds. Achieving this data-centric approach to CX may sound quixotic.

Big data 92

Big data Call Center Call Logging Contact Center 92

CSM Magazine

FEBRUARY 6, 2025

Practical Learning Opportunities: Look for internships, case studies, and industry collaborations that prepare you for real-world challenges. Networking Opportunities: Programs featuring connections with alumni in industries known for customer service (like retail, hospitality, or healthcare) can provide career advantages.

Customer centricity 52

Customer centricity Healthcare Analytics Big data 52

TechSee

APRIL 3, 2018

Customer churn in the age of information is a fact of life for every business in every industry. Customers have unprecedented access to data, enabling easy comparisons of alternatives, as well as hassle-free provider changes with a simple click of a button. To lower your churn rate, you must adopt proven customer retention strategies.

Customer retention 141

Customer retention Technology Analytics Technical Support 141

The Northridge Group

NOVEMBER 10, 2023

Fortunately, organizations can use the digital ecosystem to their advantage and enhance patient acquisition capabilities with data analytics. The healthcare data analytics market has been growing at a 1 5.3% This market has been experiencing such rapid growth for one reason: data analytics works.

Analytics 77

Analytics Healthcare Marketing Consulting 77

Callminer

JULY 15, 2019

This virtual conference will cover a ranging of topics, expert speakers, partners and customers about better customer and agent experiences through speech analytics. This is a great opportunity to listen, watch, and learn the latest CX analytics information out there! According to Forbes, the industry is projected to reach $77.6

Telecommunications 28

Telecommunications Contact Center Analytics Employee engagement 28

C3Centricity

DECEMBER 1, 2020

The Age of the Customer and the Fourth Industrial Revolution. However, The World Economic Forum reported a few years ago that we are now on the brink of the “ Fourth Industrial Revolution ” which is blurring the lines between physical, digital and biological spheres. ” in this article from Industry Week.

Marketing 102

Marketing Big data Customer centricity B2C 102

Callminer

SEPTEMBER 14, 2020

Business analysts play an integral role in any industry, but they’re especially vital in call center operations. For instance, to improve key call center metrics such as first call resolution , business analysts may recommend implementing speech analytics solutions to improve agent performance management. AmraBeganovich. Kirk Chewning.

Call Center 182

Call Center Analytics First call resolution Metrics 182

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

The Northridge Group

MARCH 21, 2022

Authored by Daniel Fenton , Director, Enterprise Accounts and Molly Clark , Senior Director, Operational Analytics. The Cellular Telecommunications Industry Association (CTIA) reports that, in 2019, America’s wireless industry contributed $690.5 The value of reducing repeat calls. billion to U.S. To learn more, contact us.

Wireless 127

Wireless Contact Center Average Handle Time Analytics 127

Customer Interactions

MARCH 11, 2013

Organizations are similarly challenged by the overflow of Big Data from transactions, social media, records, interactions, documents, and sensors. But the ability to correlate and link all of this data, and derive meaningful insights, can offer a great opportunity. So what about the security industry?

Big data 40

Big data Banking Analytics Best practices 40

Aspect

NOVEMBER 7, 2018

Digital technologies like AI, IoT, and big-data analytics have been creeping into the customer experience for some time now but only recently have businesses really started to take serious notice. While only 15% of enterprises are using AI as of today, 31% are expected to add it over the coming 12 months.

Big data 101

Big data Analytics Technology Contact Center 101

CSM Magazine

MARCH 24, 2025

Leaders across industries recognize the growing role of cloud solutions in shaping business strategies. In the same spirit, cloud computing is often the backbone of AI applications, advanced analytics, and data-heavy systems. Do you need continuous scaling, advanced analytics, or specific compliance standards?

Best practices 52

Best practices Analytics Finance Big data 52

Balto

JANUARY 14, 2025

In todays customer-first world, monitoring and improving call center performance through analytics is no longer a luxuryits a necessity. Utilizing call center analytics software is crucial for improving operational efficiency and enhancing customer experience. What Are Call Center Analytics?

Call Center 52

Call Center Analytics Average Handle Time Big data 52

AWS Machine Learning

OCTOBER 5, 2023

Large language models (LLMs) have captured the imagination and attention of developers, scientists, technologists, entrepreneurs, and executives across several industries. Karthick has a PhD in Industrial and Systems Engineering with a minor in Operations Research from North Carolina State University. He founded StylingAI Inc.,

Scripts 125

Scripts Big data Engineering SaaS 125

Callminer

MARCH 9, 2020

” – Matt Thompson, Employee Scheduling Software Tips From Industry Vets , Shiftnote; Twitter: @shiftnote. Integrate wider analytics tools into your scheduling solutions for better operational insights. “With integrated analytics software you’ll be able to better forecast agent numbers.

Best practices 182

Best practices Call Center Analytics Metrics 182

Cincom

JANUARY 31, 2025

The travel industry has embraced digital tools to revolutionize the customer journey, making planning faster, easier, and more efficient. Companies use advanced technologies like AI, machine learning, and big data to anticipate customer needs, optimize operations, and deliver customized experiences.

CRM 40

CRM Analytics Automotive Technology 40

CSM Magazine

JULY 16, 2020

Whatever the industry, successful companies know that building a business based on price alone is not sustainable. Here are 3 ways AI can help the insurance industry in key areas: 1. The UK general insurance market continues to be fiercely competitive. Customer service is what matters most.

Automotive 59

Automotive Transportation Upselling Enterprise 59

360Connext

SEPTEMBER 27, 2017

Soft Data is Perfectly OK. Robust analytics platforms aren’t going anywhere. We’re now taming big data into impressive insights. Comparisons outside of your industry are the norm, not the exception. But the trend now is to look beyond one metric and embrace the mix of ways to measure the experience.

Banking 124

Banking Metrics Big data Consulting 124

Mindtouch

SEPTEMBER 26, 2016

This week’s topic is Analytics Cloud (Wave), a recently introduced business intelligence cloud that provides a cohesive view into all of your other Salesforce Clouds. If you’ve been reading the rest of this series thus far, you know what I’m going to say: there’s a simple way to make Analytics Cloud do more.

Analytics 59

Analytics Big data Sales Customer Experience 59

C3Centricity

AUGUST 17, 2020

” While retail is clearly suffering as purchases in lockdown went online, it is not the only industry to have been hit hard. According to a Forrester report, 44% of B2C marketers are using big data and analytics to improve responsiveness to customer interactions. The industry grew a measly 2.1%

Customer centricity 118

Customer centricity Airlines Big data Marketing 118

Jive

SEPTEMBER 21, 2018

The Internet of Things is expected to generate more data than we could possibly process—an estimated 600 zettabytes by 2020. Big Data is how we’ll make sense of it all, which is why the industry is expected to reach $102 billion by 2019. All that raw data will require better networks with epic bandwidth.

Big data 75

Big data Healthcare voip Analytics 75