SlideShare une entreprise Scribd logo
1  sur  15
Exploiting Big Data Analytics for
Customer Engagement
Leslie Ament, SVP & Principle Analyst
Hypatia Research Group
CRM Evolution 2013
Customer Service Experience 2013
Big Data Analytics
 Customer & Market Intelligence Research & Advisory Services
 Research Overview & Methodology: MARKET
 Survey Respondent Profiles:
 Over 850 business panelists took the survey
 436 fit the criteria selected for respondents.
 BDA Defined
 Current Operating Environment
 Plans, Performance Metrics & ROI
 About Hypatia & Contact Info 2
Hypatia Research Group Covers
Enabling Technologies, Processes &
Services For End-Users
•Text Analytics
•Data Mining
•Operational &
Predictive Analytics
•Social Intelligence
•Management
Consulting
•Market Intelligence
•Best Practices
•KPI’s & Performance
Metrics
•CRM / SCRM
•Marketing
Automation
•Web Analytics
•Social Community
•Data Integration
•Data Quality
•GRC & Security
•Identity
Management
Information
Management
Customer
Interaction
Management
Business
Intelligence/
Analytics
Consumer
Insight /
Market
Intelligence
3
Hypatia Research Group was founded in 2001
©2001 Hypatia Research Group, LLC
Research Methodology
MARKET Analysis
 Market Pressures and Challenges
 Actions and Responses
 Knowledge and Capabilities
 Enabling Technologies
©2013 Hypatia Research Group, LLC
BDA DEFINED
Please see our usage policy at:
http://hypatiaresearch.com/productspricing/usagepolicies.html
©2013 Hypatia Research Group. All Rights Reserved.
5
Hypatia Research Group considers Big Data Analytics technologies
capable of efficiently performing descriptive, diagnostic, predictive
or prescriptive analysis on large quantities of information (ranging
from dozens of terabytes to many petabytes) of data and
unstructured content.
Company Size & Sectors
6
35.5%
23.8%
40.6%
$4.5B to
$10B
$10.1B to
$20B
More than
$20B
Roles & Functions
7
BDA Decisions are largely
operational with down
streams benefits realized:
Strategic 23%
Operational 58.55
Execution/Tactical 18.5%
Big Data Analytics Maturity by
Timeframe: 2012
8
11.2%
15.1%
13.2%
11.7%
11.2%
10.0%
27.6%
We do not currently utilize any type of
large scale analysis of our business
information and have no plans to do so in…
We have just started and plan to expand
our usage
More than 6 months, but less than 1 year
1 to 2 years
More than 2 years, but less than 3 years
More than 3, but less than 5 years
More than 5 years
Nearly 50% (48.8%) of
Fortune 500 have >2
years experience with
Big Data Analytics!
©2013 Hypatia Research Group. All Rights Reserved.
Why Companies Invest in BDA:
All About Customers & Revenues
9
20.0%
31.3%
32.3%
27.7%
38.8%
41.5%
38.5%
21.2%
44.6%
38.1%
21.9%
28.4%
31.1%
31.8%
33.3%
34.5%
39.3%
44.6%
48.6%
50.3%
OTHER: Write in
Better management of our enterprise risk and liabilities
Early warning and/or reduction in terrorist or cyber attacks
Proactively uncover potential issues, make appropriate course
corrections, and resolve complaints before they escalate
Competitive or Market Intelligence tracking
Reduce cost via more accurate, real-time decision support
Refining our corporate strategy and decision making processes
via data-driven insights
Big Data Analysis for product innovation, Ideation and design
enhancement initiatives
Increase top-line growth via more accurate, real-time decision
support
Increase sales & marketing effectiveness
High Priority for Marketer High Priority for IT
How Will BDA Be Used to
Improve Business Processes?
10
Hint: It’s All About Customers and Revenues
1.6%
17.5%
41.9%
45.9%
47.2%
50.4%
54.1%
Other: Please describe
Use social intelligence to improve or operationalize
best practice work-flows for social interactions
Help improve effectiveness of product launch and
campaign plans
Support segmentation of customers or prospects in
order to respond and/or to take next best action
Identify high-risk events or topics for immediate
course correction and/or response
Help identify high value customers for most
appropriate rules-based responses
Help improve customer service and support processes
©2013 Hypatia Research Group. All Rights Reserved.
Customer Recognition Across
Multiple Channels: Importance
11
10.4%
47.2%
42.4%
Not Critical or
Important
Important & Useful
Critical for our
business
89.6% cited importance of customer
recognition no matter the channel of
interaction!
Customer Recognition Across Multiple
Channels: Customer Management
Proactively uncover
potential issues, make
appropriate course
corrections, and resolve
customer complaints before
they escalate
Not Critical or
Important
Important &
Useful
Critical for our
business
Not Essential for Investment
0.00% 50.00% 50.00%
Important
0.00% 83.30% 16.70%
High Priority for Investment
0.00% 20.00% 80.00%
12
©2013 Hypatia Research Group. All Rights Reserved.
Usage Timeframe ≠ ROI
Usage Maturity = ROI
13
Recommendations
 Top performers are more likely to have a clear set of business objectives—Which style
of Customer Care best aligns with your organization’s goals for customer engagement?
 Measurable KPI’s aligned with corporate goals—these can be strategic, operational or
tactical metrics that are tangible rather than “soft” metrics.
 Organizational structure with accountabilities defined that map to business objectives
 In addition to “transactional” data, set up processes to convert contextual (social)
information to actionable insight that can be acted upon. Sentiment analysis provides
guidance or trending, but textual analytics enables discovery correlation. Leaders don’t
just monitor social conversations, they proactively act upon and engage with customers.
 Mapping of business workflows—with automated or semi-automated rules or decision
management capabilities to provide consistency in customer service & engagement
initiatives.
14
©2013 Hypatia Research Group, LLC
15
Q & A
Leslie Ament, SVP Research &
Principal Analyst
Hypatia Research Group
M: 617-230-0067
O: 781-862-5106
lar@hypatiaresearch.com
www.HypatiaResearch.com
http://Store.HypatiaResearch.com
Thank You

Contenu connexe

Dernier

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 

Dernier (20)

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 

En vedette

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 

En vedette (20)

Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 

Big Data Analytics for Customer Engagement

  • 1. Exploiting Big Data Analytics for Customer Engagement Leslie Ament, SVP & Principle Analyst Hypatia Research Group CRM Evolution 2013 Customer Service Experience 2013
  • 2. Big Data Analytics  Customer & Market Intelligence Research & Advisory Services  Research Overview & Methodology: MARKET  Survey Respondent Profiles:  Over 850 business panelists took the survey  436 fit the criteria selected for respondents.  BDA Defined  Current Operating Environment  Plans, Performance Metrics & ROI  About Hypatia & Contact Info 2
  • 3. Hypatia Research Group Covers Enabling Technologies, Processes & Services For End-Users •Text Analytics •Data Mining •Operational & Predictive Analytics •Social Intelligence •Management Consulting •Market Intelligence •Best Practices •KPI’s & Performance Metrics •CRM / SCRM •Marketing Automation •Web Analytics •Social Community •Data Integration •Data Quality •GRC & Security •Identity Management Information Management Customer Interaction Management Business Intelligence/ Analytics Consumer Insight / Market Intelligence 3 Hypatia Research Group was founded in 2001 ©2001 Hypatia Research Group, LLC
  • 4. Research Methodology MARKET Analysis  Market Pressures and Challenges  Actions and Responses  Knowledge and Capabilities  Enabling Technologies ©2013 Hypatia Research Group, LLC
  • 5. BDA DEFINED Please see our usage policy at: http://hypatiaresearch.com/productspricing/usagepolicies.html ©2013 Hypatia Research Group. All Rights Reserved. 5 Hypatia Research Group considers Big Data Analytics technologies capable of efficiently performing descriptive, diagnostic, predictive or prescriptive analysis on large quantities of information (ranging from dozens of terabytes to many petabytes) of data and unstructured content.
  • 6. Company Size & Sectors 6 35.5% 23.8% 40.6% $4.5B to $10B $10.1B to $20B More than $20B
  • 7. Roles & Functions 7 BDA Decisions are largely operational with down streams benefits realized: Strategic 23% Operational 58.55 Execution/Tactical 18.5%
  • 8. Big Data Analytics Maturity by Timeframe: 2012 8 11.2% 15.1% 13.2% 11.7% 11.2% 10.0% 27.6% We do not currently utilize any type of large scale analysis of our business information and have no plans to do so in… We have just started and plan to expand our usage More than 6 months, but less than 1 year 1 to 2 years More than 2 years, but less than 3 years More than 3, but less than 5 years More than 5 years Nearly 50% (48.8%) of Fortune 500 have >2 years experience with Big Data Analytics! ©2013 Hypatia Research Group. All Rights Reserved.
  • 9. Why Companies Invest in BDA: All About Customers & Revenues 9 20.0% 31.3% 32.3% 27.7% 38.8% 41.5% 38.5% 21.2% 44.6% 38.1% 21.9% 28.4% 31.1% 31.8% 33.3% 34.5% 39.3% 44.6% 48.6% 50.3% OTHER: Write in Better management of our enterprise risk and liabilities Early warning and/or reduction in terrorist or cyber attacks Proactively uncover potential issues, make appropriate course corrections, and resolve complaints before they escalate Competitive or Market Intelligence tracking Reduce cost via more accurate, real-time decision support Refining our corporate strategy and decision making processes via data-driven insights Big Data Analysis for product innovation, Ideation and design enhancement initiatives Increase top-line growth via more accurate, real-time decision support Increase sales & marketing effectiveness High Priority for Marketer High Priority for IT
  • 10. How Will BDA Be Used to Improve Business Processes? 10 Hint: It’s All About Customers and Revenues 1.6% 17.5% 41.9% 45.9% 47.2% 50.4% 54.1% Other: Please describe Use social intelligence to improve or operationalize best practice work-flows for social interactions Help improve effectiveness of product launch and campaign plans Support segmentation of customers or prospects in order to respond and/or to take next best action Identify high-risk events or topics for immediate course correction and/or response Help identify high value customers for most appropriate rules-based responses Help improve customer service and support processes ©2013 Hypatia Research Group. All Rights Reserved.
  • 11. Customer Recognition Across Multiple Channels: Importance 11 10.4% 47.2% 42.4% Not Critical or Important Important & Useful Critical for our business 89.6% cited importance of customer recognition no matter the channel of interaction!
  • 12. Customer Recognition Across Multiple Channels: Customer Management Proactively uncover potential issues, make appropriate course corrections, and resolve customer complaints before they escalate Not Critical or Important Important & Useful Critical for our business Not Essential for Investment 0.00% 50.00% 50.00% Important 0.00% 83.30% 16.70% High Priority for Investment 0.00% 20.00% 80.00% 12 ©2013 Hypatia Research Group. All Rights Reserved.
  • 13. Usage Timeframe ≠ ROI Usage Maturity = ROI 13
  • 14. Recommendations  Top performers are more likely to have a clear set of business objectives—Which style of Customer Care best aligns with your organization’s goals for customer engagement?  Measurable KPI’s aligned with corporate goals—these can be strategic, operational or tactical metrics that are tangible rather than “soft” metrics.  Organizational structure with accountabilities defined that map to business objectives  In addition to “transactional” data, set up processes to convert contextual (social) information to actionable insight that can be acted upon. Sentiment analysis provides guidance or trending, but textual analytics enables discovery correlation. Leaders don’t just monitor social conversations, they proactively act upon and engage with customers.  Mapping of business workflows—with automated or semi-automated rules or decision management capabilities to provide consistency in customer service & engagement initiatives. 14 ©2013 Hypatia Research Group, LLC
  • 15. 15 Q & A Leslie Ament, SVP Research & Principal Analyst Hypatia Research Group M: 617-230-0067 O: 781-862-5106 lar@hypatiaresearch.com www.HypatiaResearch.com http://Store.HypatiaResearch.com Thank You