One of the first applications I learned about in the contact center market was customer relationship management (CRM). The core capabilities of a CRM system were to manage customer data, marketing campaigns, sales opportunities and service requests. Vendors also touted them as the source for a comprehensive “360 degree” view of the customer, which they could never actually deliver because they did not include customer financial data, interaction histories or customer sentiment in the form of...
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Topics:
Customer Analytics,
Customer Engagement,
Customer Experience,
Contact Center,
Digital Commerce
Senior finance executives and finance organizations that want to improve their performance must recognize the value of technology as a key tool for doing high-quality work. Consider how poorly your organization would perform if it had to operate using 25-year-old software and hardware. Having the latest technology isn’t always necessary, but it’s important for executives to understand that technology shapes a finance organization’s ability to improve its overall effectiveness.
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Topics:
Big Data,
Data Science,
Mobile,
Human Capital Management,
Mobile Technology,
Office of Finance,
Continuous Planning,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Financial Performance Management,
Price and Revenue Management,
Inventory Optimization,
Operations & Supply Chain,
Enterprise Resource Planning,
Sales and Operations Planning,
Machine Learning and Cognitive Computing,
ERP and Continuous Accounting
Big data has become an integral part of information management. Nearly all organizations have some need to access big data sources and produce actionable information for decision-makers. Recognizing this connection, we merged these two topics when we put together our recently published research agendas for 2017. As we plan our research, we focus on current technologies and how they can be used to improve an organization’s performance. We then share those results with our readers.
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Topics:
Big Data,
Data Science,
Analytics,
Data Governance,
Data Integration,
Data Preparation,
Information Management,
Internet of Things,
Machine Learning and Cognitive Computing,
Machine Learning Digital Technology
In 2016 Ventana Research saw a significant shift in the customer engagement and contact center software markets. Our benchmark research into the next-generation contact center in the cloud shows that for 70 percent of companies, customer experience is and will be an important way of competing; the largest growth in ways of competing is to introduce digital self-service, which will increase by 12 percent. To support those changes, organizations have introduced more channels of engagement, to the...
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Topics:
Mobile,
Customer Analytics,
Customer Engagement,
Customer Experience,
Office of Finance,
Analytics,
Cloud Computing,
Collaboration,
Customer Service,
Internet of Things,
Contact Center
Ventana Research analysts recently published our research agendas for 2017. As we put together these plans we think about the forces that are shaping the markets that we cover and then craft agendas that study these issues to provide insights for our community. I’ve been working in the business intelligence (BI) and analytics market for nearly 25 years, and throughout that time the industry has been trying to make analytics useful to increasingly wider audiences. That focus continues to today....
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Topics:
Big Data,
Data Science,
Mobile Technology,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Internet of Things,
Machine Learning and Cognitive Computing,
Machine Learning Digital Technology
I’ve long advocated the use of effective technology in the tax function, especially for organizations that operate in multiple jurisdictions or have complex legal structures manage direct tax provision and analysis using outdated or inappropriate tools. Our Office of Finance benchmark research reveals that most organizations use spreadsheets to manage their tax provision and analysis: Half (52%) rely solely on spreadsheets, and another 38 percent mainly use them. I recommend to corporations...
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Topics:
Big Data,
Office of Finance,
Continuous Planning,
Analytics,
Financial Performance Management,
ERP and Continuous Accounting
NICE is a longstanding provider of contact center systems. At the beginning of 2016 NICE acquired Nexidia, a provider of customer analytics, which raised questions about the future of the acquired company, its products and its customers. During a recent briefing SVP of product management Larry Skowronek discussed these issues. Nexidia now trades as “a NICE analytics company,” which is unusual because previous NICE acquisitions have been absorbed into the overall company and the brand...
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Topics:
Analytics