by twieberneit | Jan 20, 2023 | Blog |
Rest in peace, Social Media! Yes, I know, you have been pronounced dead numerous times already, and that as early as 2011 by the Sillicon Valley Watcher, if not earlier. You lived on. Still, now you really need to admit that you are a dead thing walking. You had a short, yet exhilarating life. And you, admittedly, developed astonishingly fast and far from your humble beginnings in the early 1970s and the first bulletin board systems around 1980. These have been the glory days of FidoNet, CompuServe, or AOL. SixDegrees.com followed later. The early noughts gave us a flurry of messaging systems, LinkedIn and XING, not to forget the infamous 4chan. Anno domini 2004 brought us Facebook, 2005 brought us YouTube, Twitter followed in 2006. Google attempted repeatedly to get the hang of you (Orkut, Google+, anyone?) and still has some messaging services up and running. All of these platforms have in common that they started up with the claim, some of them even with the objective, to make the Internet more social, to foster user generated content and to, ultimately, shift the power balance from corporations to their customers. Who does not remember the war cry “the customer is in control”. This referred to the idea that the customer could get more information that is not controlled by brands, so that they can be better informed, instead of being forced to rely on corporate broadcasts. This should have been achieved by giving customers a voice that is as strong as the corporate one, albeit without the (marketing) budget behind. In line with the definition of social, it enabled...
by twieberneit | Sep 18, 2022 | Analysis, Blog |
The News On September 14, 2022, Zendesk announced the release of its new customer sentiment and intent functionality: Intelligent Triage and Smart Assist. These new AI based solutions shall “enable businesses to triage customer support requests automatically and access valuable data at scale. Intelligent Triage and Smart Assist are the next step in Zendesk’s vision to create accessible CX AI for companies of all sizes. The technology uses proprietary industry expertise and insights from trillions of customer data points and applies a vertical lens. This creates models custom to each business capable of identifying the intent, language and sentiment of each customer interaction. This unique approach to applying machine learning creates more personalized and informed interactions to better serve customers. For example, specific inquiries, such as “I’m having problems with payment”, can be automatically sent to an agent who is equipped to handle billing for a quicker resolution, while inquiries that include language written in all capital letters or in a sarcastic way will indicate a highly negative sentiment and be routed to the top of the queue. The new capabilities include: Instantly route and prioritize revenue drivers, ensuring agents are working on business-critical requestsAnalyze distribution of requests so businesses can better plan operations, collaborate across departments and identify improvement opportunities supported by data for more efficient CX operationsAutomatically guide agents on how to best resolve a customer’s issue in real-time, understand context, recommend solutions, and improve coaching and training with valuable insightsContinuously boost accuracy as the AI solutions receive feedback on predictions and recommendationsDetect sensitive information automatically to meet compliance and security needs or extract confidential data like...
by twieberneit | Dec 14, 2021 | Blog, CRMKonvos |
Customer service is in the middle of a transition. Not only is technology capable of doing far more than it was, say, ten years ago, but also are customers expecting far more. That has a consequence for businesses. Automation and conversational AI are one thing. These technologies already help companies serving their customers more effectively, efficiently, and the customers way. But this is not enough! The same technologies that allow this, allow it for every company. Which means that one needs to elevate the game. How this elevation can happen using unstructured data to improve the customers’ service experiences by e.g. leveraging unstructured data to avoid escalations is something that Martin Schneider of SupportLogic has good and very interesting stories to tell about. He argues that systems must become more intelligent and that purpose built AI is the way ahead, of course fuelled by the demands and learnings of Pandemic times. In a nutshell he says: For years, people wer not harnessing the insights inside the unstructured data inside support interactions. Today we have the power to do so – in a sense, finding the logic and the trends etc. in support interactions that help guide the business, all driven by these support interactions. It is very worthwhile listening to him. And entertaining, too!...
by twieberneit | Nov 8, 2021 | Analysis, Blog, CRMKonvos |
The news On November 2, 2021, SugarCRM held an analyst summit to share what is going on at the company and to get some candid feedback of the participants. As usual for this type of event, there is quite some information that is still under NDA, so I will be able to cover some of it only in broad strokes rather than the detail that the matters deserve. After a business update by CEO Craig Charlton, the event itself revolved around two themes: customer success stories, including customers describing how they are using SugarCRM to improve their own business by better serving their customers in an interview style formatSugarCRM business development, technology, and its future trajectory. Naturally, this part is largely under NDA. There were breakout sessions covering Sugar Sell, Sugar Service, and Sugar Market As usual, and with the notable exception of the customer interviews, the event was slide-driven with giving the opportunity to ask questions at the end of the respective agenda items plus offering a brief Q&A with the executives. Last, but not least, part of the event is a 1:1 session with a SugarCRM executive a few days after the summit. After a short opening by Sarita Kincaid, Craig Charlton offered a business update, showing how SugarCRM developed in the past twelve months. The company is focusing keenly on the mid-market. Craig painted a bright picture that shows a very high customer retention combined with a good growth rate. Noteworthy are a steep increase of the recurring ARR. He quoted a nearly doubled number of new logos, combined with a more than doubled new/upsell ARR...
by twieberneit | May 5, 2021 | Blog, CRMKonvos |
The Covid crisis had a profound impact on customer service centers, on sales and marketing processes. Personnel needed to be sent to home offices with infrastructure for this not being really in place. Coordination became more difficult, especially in environments that did not base on trust already before. Morale was affected, too. What did companies do to address the challenges that came up? With what success? Did leadership behaviour change? We talked to one of the foremost analysts who cover the customer service and customer engagement arena: Kate Leggett of Forrester Research. Lots of ground to cover in a mere hour. But Kate knows her stuff. Be informed and listen to what she has to say. It is worth the...
