This is the beginning of the season when companies that are on a calendar year begin their strategic and long-term planning. Ventana Research performed an extensive investigation in this area with our long-range planning benchmark research. Strategic and long-range planning is a process and discipline that companies use to determine the best strategy for succeeding in the markets they serve and then ensure they have the capabilities and resources needed to support their strategic objectives.
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Topics:
Big Data,
Master Data Management,
Performance Management,
Planning,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
Reporting,
Budgeting,
dashboard,
Operational Performance,
Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
Data,
CEO,
Financial Performance Management,
FPM
NICE Systems is well known in the contact center market for its suite of workforce optimization products. However, over the past several months it has gradually been expanding out of the pure-play contact center market into back-office and mobile applications, as well as the broader market of customer interaction handling. My research on the contact center in the cloud shows that customer interaction processes are getting more complex as customers demand faster, more personalized responses,...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
NICE Systems,
Speech Analytics,
Voice of the Customer,
Analytics,
Business Analytics,
Business Intelligence,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
CRM,
Desktop Analytics,
Text Analytics
Earlier this year I wrote that Verint Systems, which makes workforce optimization and analytics products for customer engagement, has changed its focus from individual product capabilities to packaged business solutions that include specifically configured versions of its products. The first of those was real-time personalized guidance; it uses several of the company’s Impact 360 workforce optimization products to guide agents in real time as they handle customer interactions. I wrote at the...
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Topics:
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Voice of the Customer,
Operational Performance,
Analytics,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Text Analytics,
Verint,
Workforce Force Optimization
A few months ago, I wrote an article on the four pillars of big data analytics. One of those pillars is what is called discovery analytics or where visual analytics and data discovery combine together to meet the business and analyst needs. My colleague Mark Smith subsequently clarified the four types of discovery analytics: visual discovery, data discovery, information discovery and event discovery. Now I want to follow up with a discussion of three trends that our research has uncovered in...
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Topics:
Datameer,
SAP,
Splunk,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
IBM,
Information Applications,
Information Builders,
Operational Intelligence,
Oracle,
Data Discovery,
Information Discovery
Ventana Research has just released its 2013 Value Index for Agent Desktop Management, in which we evaluate the competency and maturity of vendors and products that support the management of the desktop systems that agents use to handle customer interactions. Our firm has researched this software category for many years, and our benchmark research into customer service and the agent desktop shows the impact the agent desktop has on agent satisfaction and efficiency and the business outcome of...
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Topics:
Salesforce.com,
Customer Experience,
NICE Systems,
Cincom,
Genesys,
Jacada,
Kana,
Operational Performance,
Analytics,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
Upstream Works,
OpenSpan
IBM’s SPSS Analytic Catalyst enables business users to conduct the kind of advanced analysis that has been reserved for expert users of statistical software. As analytic modeling becomes more important to businesses and models proliferate in organizations, the ability to give domain experts advanced analytic capabilities can condense the analytic process and make the results available sooner for business use. Benefiting from IBM’s research and development in natural-language processing and its...
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Topics:
analytic catalyst,
driver analysis,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
IBM,
SPSS
The spreadsheet is one of the five most important advances in business management over the last 50 years. It has changed all aspects of running an organization. It was the original “killer app” that made people go out and buy personal computers. So you see I’m enthusiastic about spreadsheets, but I realize they have limits that must be respected to work efficiently. One of the more important findings from our benchmark research Spreadsheets for Today’s Enterprise was about the time spent in...
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Topics:
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
enterprise spreadsheet,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Visualization,
Workforce Performance,
Risk,
benchmark,
Financial Performance Management
Pricing and profit margins appear to be trending topics, which is normal at this stage of the business cycle. North American companies achieved high levels of profitability coming out of the last recession by staying lean, but this trend has run its course. Margins are being squeezed, and companies are looking for ways to add to the bottom line.
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Topics:
Planning,
Sales,
Sales Performance,
Office of Finance,
Operational Performance,
Analytics,
Business Performance,
Financial Performance,
costing,
FPM,
Price Optimization,
Profitability,
S&OP
People who don’t spend much time analyzing the software market may have trouble understanding the differences between products in a given software category or the difference between two categories. This happens because vendors and commentators use the same words to describe different depths of functionality and degrees of comprehensiveness in one type of application. As well, there can be multiple categories of software that address the same general business issues but are designed for...
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Topics:
Performance Management,
Sales Performance,
Supply Chain Performance,
Office of Finance,
dashboard,
PRO,
Operational Performance,
Business Analytics,
Business Performance,
Financial Performance,
CFO,
Supply Chain,
CEO,
demand management,
FPM,
S&OP
Mercer is a global consulting company that has more than 19,000 employees in more than 40 countries. One of the company’s major consulting practices is talent management. My colleague Mark Smith assessed Mercer’s survey delivery product WIN for compensation management in September 2011. Mercer recently held an analyst day in Boston where speakers discussed the launch of a new internal group focused on talent management and a new talent management suite sold as part of its consulting services.
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Topics:
MicroStrategy,
Mercer,
Towers Watson Talent Management,
Analytics,
Business Analytics,
Workforce Performance,
Compensation