Ventana Research Analyst Perspectives

2018 Value Index for Contact Center in the Cloud Vendor Ratings

Posted by Mark Smith on Oct 15, 2018 6:00:00 AM

I am happy to share some insights gleaned from our latest research. The Ventana Research Value Index: Contact Center in the Cloud in 2018 is the distillation of a year of market and product research efforts by Ventana Research. Drawing on our benchmark research, we utilize a structured research methodology with evaluation categories designed to reflect the breadth of the real-world criteria incorporated in a request for proposal to vendors in contact centers in the cloud. Using this methodology, we evaluated vendor submissions in seven categories, five relevant to the product (adaptability, capability, manageability, reliability and usability) and two related to the vendor (TCO/ROI and vendor validation). This research-based index is the first such industry undertaking to assess the full business value of software designed for enabling a contact center in the cloud. You can learn more about our Value Index as an effective vendor selection and RFI/RFP tool at https://www.ventanaresearch.com/value-indexes/inclusion.

Read More

Topics: Cloud Computing, Collaboration, Customer Experience, Contact Center, Customer Analytics, Customer Engagement, Customer Service, Workforce Optimization

Supercharging Customer Experiences Through Contact Centers in the Cloud

Posted by Mark Smith on Oct 11, 2018 6:00:00 AM

An intensified focus on the customer is driving the trend toward enabling omnichannel support in contact centers, our benchmark research on contact centers in the cloud has found. In my last analyst perspective I highlighted some key benefits of a contact center in the cloud. In this perspective, I want to elaborate on the finding that only about one-third (35%) of organizations participating in our benchmark research said their customers are satisfied with the way interactions are handled. Far more (47%) said their customers are only somewhat satisfied, which may not be good enough in a fiercely competitive marketplace. Not surprisingly, improving the customer's experience is the most common motivator (cited by 82%) for change in the technology being used.

Read More

Topics: Cloud Computing, Collaboration, Customer Experience, Contact Center, Customer Analytics, Customer Engagement, Customer Service, Workforce Optimization

Embracing New Channels Through Contact Center and Cloud Computing

Posted by Mark Smith on Oct 8, 2018 6:00:00 AM

To remain competitive, organizations must deliver the best possible customer experience through all channels of engagement. One technological approach to accomplish this is to enable a contact center to handle all the channels through which customer interactions with the organization are routed and acted upon. The contact center continues to need to handle telephony, of course, as this remains a channel that carries a significant portion of interactions. But new channels continue to be added to the interaction mix. With the advent of cloud computing, enabling systems and technologies to be managed on the Internet rather than on the premises of an organization, contact centers can be established and interaction channels can be added and configured far more easily.

Read More

Topics: Cloud Computing, Collaboration, Customer Experience, Contact Center, Customer Analytics, Customer Engagement, Customer Service, Workforce Optimization

From Analytics to Action Requires Collaboration

Posted by David Menninger on Sep 20, 2018 8:35:24 AM

All too often, software vendors view analytics as the end rather than the beginning of a process. I’m reminded of some of the advanced math classes I’ve taken in which the teaching process focused on a few key aspects of a mathematical proof or solution, leaving the rest of the exercise to be worked out by the students. In other contexts, you may hear people say the numbers speak for themselves.

Read More

Topics: Analytics, business intelligence, Collaboration, data science, Data Governance, Information Optimization, Machine Learning, digital technology, collaboration for business

Workday to Acquire Adaptive Insights

Posted by Robert Kugel on Jul 1, 2018 11:09:06 PM

Workday will acquire Adaptive Insights for $1.55 billion in cash, with the transaction scheduled to close in the third quarter of this year. The combination adds Adaptive Insight’s well-developed cloud-based financial performance management software to Workday’s workforce and financial management suite. Workday says Adaptive will operate as a standalone business and continue with its current product strategy.

Read More

Topics: Cloud Computing, Collaboration, Office of Finance, Continuous Planning, Financial Performance Management