roundtable michael dwyer , troy surdick, senior joseph ...€¦ · segment customers and apply...
TRANSCRIPT
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ROUNDTABLE
September,
2018
Michael Dwyer ,
Vice President,
Research, CallMiner
Troy Surdick, Senior
Product Manager,
NICE Nexidia
Joseph Ciuffo, Lead
Demonstration
Consultant, Technical
Sales, Genesys
Brendan Dykes,
Global Director
Product Marketing,
Genesys
Analytics –
Speech, Text,
and AI
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Presenter photo
Presenter photo
Intelligence from Customer Interactions
Content Coverage:Squeezing Every
Ounce of Intelligence Out of Your Calls
Mike Dwyer
Vice President
Research & Innovation
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Proprietary & Confidential, CallMiner Inc.
Intelligence from Customer Interactions
3
About CallMiner: Customer Engagement Analytics
Our Vision
“To empower organizations of any size to extract and take action
on intelligence from customer interactions to optimize CX, sales,
marketing, compliance, and contact center performance.”
Unique CallMiner Value
Recognition
Velocity
Turnkey Integrations,
packaged content
and self-serve
customization enable
fastest time-to-value
Agility
Open API and artificial
intelligence enables
agile solutions, flexible
integration and
predictive modeling
Results
ROI via automation,
Playbooks, exceptional
support and innovation
from collaborative
community
2018 Best Speech
Analytics Solution
2018 SilverCall Center Solution
Nuance and CallMiner Unite to
Debut Unparalleled Customer
Engagement Analytics
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It is the “JUICE” extracted from call.
How much do we actually know about our contacts?
Successful contact center implementations of AI Prediction and Root-Cause Discovery depend on having access to as MUCH information about the interaction as possible…
“Content Coverage” is the Metric of how much of contact center’s calls or chats have been mined for analysis …
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So what should we look for?
1. Contact Sampling
2. Metadata Fidelity
3. Customer Journey
4. Conversational Coverage
5. Semantic Analysis
Comprehensive Coverage Metrics
There are several components to the “Content Coverage Metric” –a well-formed coverage plan addresses each of these, and is a great predictor of future success…
Checklist Available
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Why is Content Coverage Important?
The goal of Speech Analytics is to expose ACCURATE business intelligence contained in the contact center to the business at-large in a TIMELY fashion.
Accurate and Timely business intelligence drives the success of the following operations:
❑ Agent Quality Scoring
❑ Contact Center Training and Best Practices
❑ Knowledge Base Creation and Delivery
❑ Product Problem/Failure Analysis and Resolution
❑ Marketing Decisions
❑ AI Prediction Models for Churn, C-Sat, FCR, Upsell/Cross-sell Recommendations
ACCURATEDependable and definable
TIMELYQuick to create/define (out-of-the-box) Quick to mine/take action on (post-call/real-time)
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Contact Sampling – How much is enough?
Contact Sampling (mining and measuring less than 100% of your interactions) is acceptable in ONLY a few specific use cases:
✓ General Topic Discovery
✓ Call Disposition Ratios
✓ Finding Anecdotal Training Examples
ACCEPTABLE
× Regulatory Script Compliance
× Fraud Detection
× Customer Journey Analytics
× FCR/Churn Prediction
× Agent QA Scoring ***
NOT ACCEPTABLE
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Metadata Fidelity – How good is our metadata?
Questions to ask -1) How much do we know “about / around” the call or chat?
2) Is it useful structured data? OR does it require interpretation or transformation?
3) Is it clean and verified? When is it available? Is there a lag?
ACD/Channel Information
Speaker Information
Business Hierarchy
Disposition codes
MUST HAVES
❑ Customer/CRM information
❑ External Channel information
❑ Post-call Outcome/Results
BONUS POINTS !!!
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Intelligence from Customer Interactions
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Customer Journey – Where have we been?
Having the “WHOLE PICTURE” of a customer’s interactions with your contact center is VITAL in use-cases such as Customer Sales Journey, Fraud Discovery, FCR, and Churn
Can we link an interaction to its previous and subsequent siblings (full journey)?
How are we treating contact interruptions like holds, transfers, and hang-ups?
Can our analysis span the “width” of your problem, like annual subscriber churn
Do we have the right amount of “analytical retention” versus “anecdotal retention?
Customer Journey Checklist
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Intelligence from Customer Interactions
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Conversational Coverage – What is being SAID?
Speech Analytics depends on “speech” – the ability to have accurate speaker content to analyze and discover what is actually happening in the call center is directly predictive of your success
Full transcription versus word or phrase spotting
Acoustic Fidelity → Transcription Accuracy
Stereo Separation and Agent Identification
Foreign Language Coverage
Speaker/Speech Analysis (Tempo, Tone, Emotions/Emoticons)
The SWEET SPOT for driving a successful Speech Analytics implementation
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Semantic Analysis – What did they MEAN?
Speech and Text are simply the mechanisms by which humans communicate – However, we tend to think in concepts and pictures (i.e. images , emoticons , and relations →). So that is what we must analyze
❑ PROCESS / SCRIPTS
( Greeting, Verification, Disclosures, Closing )
❑ CALL REASONS
( IVR Intents, Disposition Codes, Problem statement or Customer Request )
❑ BEHAVIORS
( Escalation, Dissatisfaction, Politeness, Engagement, Understandability, Profanity )
Semantic Building Blocks
❑ BRANDING
( Product, Competitor Mentions, Marketing Message, Social Buzz )
❑ SENTIMENT
( Positive / Negative )
❑ OUTCOME / RESOLUTION
( FCR, CustSat, Churn, Sales/Collector Effectiveness )
❑ QUESTION-ANSWER LOOPS
( Upsell/Cross-Sell, Technical Support, Customer Service, Fraud Discovery, Financial Collections )
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Semantic Coverage – Who’s Saying What?
• SILENCE vs NOISE?
• What is CONVERSATION versus JUST TALK?
• Who is TALKING?
( IVR / Agent / Customer )
TALK METRICS
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Intelligence from Customer Interactions
13
Semantic Coverage – Where is our GAP?
For a given set of calls, the Semantic Coverage Index can be measured in several ways:
❑What types of Semantics are being represented?
❑ Does each call have a reason, behavior, and outcome captured?
SEMANTIC TAGGING ANALYIS
❑What sections of the call are covered most/least?
❑ Can we target Discovery at those areas?
SEMANTIC TAGGING LOCATIONS
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Intelligence from Customer Interactions
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Semantic Coverage – Semantic Tagging Locations
What parts of the call are currently covered well?
Need more work HERE !!!
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16
Filling in the blanks…Once you have measured WHAT you already have and WHERE, you can use AI/Machine Learning to expose WHAT ELSE…
Entity Extraction
Topic Analysis
Auto-Correlation / Root Cause Discovery
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Summary
❑ Measure Everything ‒ Both INSIDE and OUTSIDE of your contacts
❑ Measure Twice, Cut Once‒ Measure and track what you HAVE
❑ Fill the GAP‒ Create what you DON’T
Keys To SuccessComprehensive Content Coverage Metrics are a great predictor of success in a Contact Center Speech Analytics implementation or an AI/ML-based Prediction project…
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Intelligence from Customer Interactions
Visit the CallMiner Learning Center!
Dozens of webinars, guides, videos, case studies, and blogs on all contact center and
customer experience best practices.
Sign up for a Test Drive!
Experience the true power of CallMiner Eureka.
Get an Efficiency Audit, and identify other opportunities for improvement and insights!
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
ANALYTICS: SPEECH, TEXT, AND AI
Troy Surdick
Manager, Product Management
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL 20
BY 2020 CUSTOMER EXPERIENCE WILL OVERTAKE PRICE AND
PRODUCT AS THE KEY BRAND DIFFERENTIATOR
1Customers 2020 report by Walker Information2Lee Resources
80% of companies
say they deliver "superior"
customer service
8% of people
think these same companies
deliver "superior" customer
service2
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
Major Challenge:
Customers’ Expectations
1
KNOW MY STORY
SOLVE IT NOW
MAKE IT EFFORTLESS
MAKE IT RELEVANT
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
Major Challenge:
Meeting Expectations with Analytics
8+GROWING
INTERACTION
CHANNELS
ACCESS TO DATA
SOURCES
THE ANALYST
BOTTLENECK
HOW TO
OPERATIONALIZE
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
Businesses should
demand the full view:
micro level insights
on masses of individual
interactions, alongside
macro level understanding of the
customer’s entire
journey.
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
The interactions
the customer has
with the enterprise
in order to complete
a specific goal
WHAT IS THE
CUSTOMER JOURNEY?
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
Demo
25
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© 2018 NICE Nexidia. All rights Reserved. CONFIDENTIAL
Contact Us
www.nice.com/analytics
@Nexidia
26
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Man, machine and the customer experienceSeptember 2018
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4 AI prediction dangers
MIT Technology Review: The Seven Dedly Sins of AI
Predictions Rodney Brooks - October 6, 2017
Overestimating
and
underestimating
Imagining
magic
Performance
versus
competenceSpeed of
deployment
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“Humanity is acquiring all the right technology for all the wrong reasons.”
R. Buckminster Fuller
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Iconic firms are 20%
more likely to have a CX-driven strategy than an efficiency-based one
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“There is no customer experience without anemployee experience.
You can invest everything you want in technology but nothing will happen if you do not care about people.”
Richard Branson
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32Genesys confidential and proprietary information. Unauthorized disclosure is prohibited.
Distraction
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o Thousands of calls to your contact
center
o Millions of online visits
o Can you identify and predict when and
how to engage with your customers?
o Can you shape their journeys for the best
outcomes for both you and them?
The challenge
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Knowledge
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1. MonitorSegment customers and apply real-time
journey analytics on your website
4. AlertNotify sales and lead development reps of hot
leads or important visitors via Slack or PureCloud
5. InformProvide insights about the customer’s journey to
the sales rep or agent’s omnichannel desktop
2. AnalyzeUse AI & machine learning to determine the
outcome probability for business goals
3. EngageIdentify when to
proactively engage with
chat, callback, or content
offer at the right time
6. LearnAutomatically adjust and
improve the models over time
Addressing the distractions
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36
Challengeso Smyths is the largest independent toy retailer in the UK
& Ireland with 100 store locations and 20 million website visitors per month.
o They were concerned about increasing online sales conversions.
o Altocloud software was used to focus on identifying and engaging those customers with large shopping cart values who were at risk of abandoning.
o 30% reduction in cart abandonment
o 3% increase in high-value conversions
Solution
Results
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37Genesys confidential and proprietary information. Unauthorized disclosure is prohibited.
For a full demonstration of Genesys Altcocloud click here
To try Genesys Altocloud free for 30 days click here
Or to download our white paper: Analyzing and shaping
customer journeys click here
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ROUNDTABLE
September,
2018
Q&A
Michael Dwyer ,
Vice President,
Research, CallMiner
www.callminer.com
Troy Surdick, Senior
Product Manager,
NICE Nexidia
www.nexidia.com
Joseph Ciuffo, Lead
Demonstration
Consultant, Technical
Sales, Genesys
Brendan Dykes,
Global Director
Product Marketing,
Genesys
www.genesys.com
Analytics –
Speech, Text,
and AI