Speech and Interaction Analytics

Blog
01 Dec, 2011
Speech Analytics knowledge gap still exists

Speech Analytics still remains a relatively under-utilised technology, despite all the hype so we decided to investigate further with a questionnaire uncovering some surprising insights we wanted to share… We polled contact centre and customer service managers across healthcare, banking, utilities, telecoms, travel, local authorities and outsourcing firms and found that only a third of respondents understood the difference between the various vendors and technologies on offer. 38% of respondents admitted to having little or no awareness of this technology as...

Blog
15 Jul, 2010
Investment in speech analytics in call centres set to double

Global call centre spending on speech analytics is set to double, growing from around $95 million in 2009 to $180 million by 2014 according to Ovum. A new report* by the independent telecoms analyst has found that although still an early-adopter technology, speech analytics will grow in importance over the next few years, helping businesses to improve customer loyalty and processes. Aphrodite Brinsmead, Ovum analyst and report author, said: “Spending on speech analytics will increase at a compound annual growth...

Blog
01 Jun, 2009
Business Systems Bring Customer Experience Analytics to UK

The next wave of ‘analytics tools’ is upon us with the emergence of ‘customer experience analytics’ (CEA). For those of you not familiar with the technology, let us explain... Understanding why your customers bail out of the IVR or website and into your contact centre has until now been somewhat akin to asking “why did the chicken cross the road?” In both cases you don’t know! The chicken’s motives are unimportant but not knowing your customers’ can impact bottom line...

Blog
01 Jun, 2007
Can using Speech Analytics with Call Recording really save £1m...

Using the recent Leeds conference ‘Improving Performance in the Contact Centre’ as a platform, a NICE customer was quoted as saying they could potentially achieve cost savings of £1m by using speech analytics software tools over a two year period. This example was reinforced by a case study from WPS Health Insurance who are early users of this technology. We explore the claims and look at the facts… According to Datamonitor there is “a growing move to provide competitive differentiation...

Blog
01 Jun, 2006
Driving the Contact Centre based on market intelligence

Vocal Recorders latest offering uses phrase and trends analysis technology; a facility that is set to become part of the standard toolset for contact centres that intend to drive their businesses based on knowledge and market intelligence. Vocal CallMiner offers complete speech analytics which is a tool to extract key business information from recorded telephone calls. Calls can be 'batched' or 'selected' and then mined overnight using specialist servers; the system then converts audio to text, ready for interrogation. Search...

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