August 7, 2013
Isn’t Xerox a copier company? Well, lately it has also been doing litigation and eDiscovery work. Now, Yahoo Finance tells us in “Xerox Acquires Customer Value Group,” the company is adding cloud-based customer service to its repertoire with its latest acquisition. (No word here on how much Xerox shelled out in this deal.)
Customer service? Our top goose remarks that he once called Xerox for help with a DocuTech scanner. He was reminded to ask his assistant whether he is still on hold.
The write-up tells us:
“Leading software company Customer Value Group’s key Software as a Service (SaaS) cloud application enhances cash collections of diverse firms by simplifying management of customer credit, collections, and disputes. It has an in-depth expertise in cloud-based accounts receivable software and manages the order-to-cash process that is related to approximately $15 billion of revenues in eight countries and multiple currencies.
“With this acquisition, Xerox aims to strengthen itself as a as a stand-alone software application provider for managing internal finances of various companies. As part of its finance and accounting process outsourcing services, Xerox will offer Customer Value Group’s Value+ product to its clients.”
The article emphasizes that Xerox will continue to comb the globe for choice enterprises to snap up in the years ahead. The company, based in Norwalk, Connecticut, now houses three operating segments, Technology, Services, and “Others”. That last one— well, that’s one way to avoid boxing yourself in.
With a focus on innovation and leading-edge software, The Customer Value Group boasts of a typical ROI 5 to 10 times the cost of engagement. The London-based company brings several prominent credit, collections, and customer-service clients to the table.
Cynthia Murrell, August 07, 2013
July 21, 2013
The article on Contact Centre Live titled Clarabridge Partners with Brandwatch to Extend its Clarabridge Social Solutions addresses the partnership between the Customer Experience Management provider Clarabridge and the global analytics provider Brandwatch. The two companies believe their integration will deliver the resources to gain a holistic understanding of any given business’s customer base. CEO of Clarabridge Sid Banerjee commented,
“Clarabridge has been and continues to be the pioneer in multi-source customer experience management for the Global 1000. Our partnership with Brandwatch provides our customers with an integrated end-to-end solution for social media, further expanding our Clarabridge Social offering. The level of rich social media data provided by Brandwatch, coupled with the intelligent analytics and operational capabilities of Clarabridge, adds up to the most sophisticated CEM hub available on the market and that is incredibly beneficial to our customers.”
The two companies bring different technological advances to the table. Brandwatch is able to capture data from millions of sites in over 25 languages and is able to filter out the irrelevant data, refining searches. Clarabridge, which seems to have moved beyond its original market, offers a method of skipping past social posts without merit and discover the insightful posts buried beneath the spam.
Chelsea Kerwin, July 21, 2013
July 12, 2013
The article on Hootsource titled Why Having a “Big Data Strategy is a Bad Idea by Catherine H Van Zuylen, a VP at Attensity, addresses Hootsuite’s launching a new integration with Attensity. The article claims that the combination of the two will create the ultimate customer service machine. Companies can basically eavesdrop on their customers on social media and learn where the conversation is going before it gets there. The article explains,
“For example, you may hear about someone complaining that your new device got so hot in someone’s hand that they claim to have been burned. This information should immediately be routed to legal (for determination of veracity and risk), to engineering (to alert them to start testing for and diagnosing the issue) and to customer service… It might also be time for marketing to pull that “The hottest phone this summer” marketing campaign.”
Another article, Hootsuite Launches Attensity Integration to Automate Enterprise Customer Service on Market Wired, explains the potential windfall of marketing intelligence now possible. Ryan Homes, a CEO of Hootsuite, stated that the partnership will enable “the world’s largest brands to cut through the noice on social media to engage with their customers.” The integration is certainly an interesting way to boost Attensity’s impact as competition increases.
Chelsea Kerwin, July 12, 2013
July 3, 2013
Now here is an interesting factoid. If this finding is accurate, the customer experience management field is undergoing quite the boom. SBWire points to a recent study from market research firm Research Moz in, “Global Customer Experience Management Market 2012-2016: Latest Industry Research Report.” The report asserts:
“Global Customer Experience Management (CEM) market to grow at a CAGR of 20.79 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased number of customer touch points. The Global CEM market has also been witnessing a growing demand for mobile analytics. However, integration of multiple communication channels could pose a challenge to the growth of this market.”
The report, Global CEM Market 2012-2016, is the result of a global market-analysis effort in consultation with industry insiders. The press release emphasizes that it also forecasts the CEM landscape over the near future, as well as covering prominent vendors in the field; see the write-up for specifics. The full report can be purchased here.
Cynthia Murrell, July 03, 2013
April 29, 2013
I met David Bean years ago. He was explaining “deep extraction” to me at a now defunct search engine conference. I recall that he had a number of US government clients. I noted in my analysis of the company which appeared in my analysis of the company that the firm wanted to break into non government markets.
I made sure that one of my team captured news releases about Attensity. When I checked the my files to update my Attensity profile, I noted that the company had done a merger with a couple of German outfits, was pushing into sentiment analysis, and beating the text analytics drum.
In one sense, Attensity was following the same path of Stratify, which as you probably know was Purple Yogi. Hewlett Packard now owns Stratify and I don’t hear too much about how its journey from government work to the wide world of non government work has worked out. Purple Yogi, now Hewlett Packard Autonomy, Stratify is doing legal stuff … I think. If I understand the write up by a high intellect consultant expert, Attensity is speedboating into customer support.
Can market niches like customer support, eDiscovery, and business intelligence keep some vendors afloat?
Two different markets but one common goal: Diversify in order to generate big revenues.
I read “Attensity Uses Social Media Technology for Smarter Customer Engagement.” On the surface, the story is a good one and it is earnestly told:
Its product Respond uses natural language-based analysis to derive insights from any form of text-based data and among other results can produce analyses of customer sentiment, hot issues, trends and key metrics. The product supports what Attensity calls LARA – listen, analyze, relate, act – which is a form of closed-loop performance management. It begins by extracting data from multiple sources of text-based data, (listening), analyzing the content of the data (analyze), linking this data with other sources of customer data, and producing alerts, workflows and reports to encourage action to be taken based on the insights (act).
Familiar stuff. Text processing, outputs, and payoffs for the licensees.
Attensity, founded in 2000, that’s 13 years ago, is no spring chicken. I learned from the write up:
Attensity has also made some technical improvements to the product. The architecture now supports multitenancy and automatic load balancing, which are especially useful in handling very large volumes of tweets. Reporting has been enhanced to include more visualization options, trend analysis, emerging hot issues, and process and performance analysis.
My thought is that many firms which flourished with the once generous assistance of the US government now have to find a way to generate top line revenue, sustainable growth, and profits.
In the present financial environment, text processing companies are flocking to specific problem areas in organizations. Customer support (a bit of an oxymoron in my opinion), eDiscovery, and business intelligence (not as amusing as military intelligence in my opinion) now are well served sectors.
The companies looking for software and systems to make sense of data, cut costs, gain a competitive advantage, or some other benefit much favored by MBAs have not found a magic carpet ride.
The noise from vendors is increasing. The time required to find and close a deal is increasing. Some customers are looking high and low for a solution which is “good enough”. Management turnover, frequent repositionings, and familiar marketing lingo by themselves may not be enough to keep the many firms competing in these “hot niches” afloat.
Stephen E Arnold, April 29, 2013
March 22, 2013
New Zealand (NZ) Post has been using the RightNow platform and according to the ZDnet “NZ Post looks to Bolster Oracle RightNow Adoption” plans to expand the usage of the Oracle cloud-based RightNow customer management service. Oracle purchased the CRM software company in 2011. New Zealand postal service began using the RightNow platform as a sales customer relationship management (CRM) tool. They then expanded the product suite so that it covered a variety of different channels such as email and social media. New Zealand Post had a joint venture with DHL but they ended it and bought back the shares of Express Courier. According to the New Zealand Post head of customer channels Russell Stephens, with this new addition New Zealand Post now wants to combine the customer care process for the courier unit with its main business.
“We are currently looking to deploy RightNow across the CourierPost business, and that will give us great benefit in both contact centres that work across our parcel and courier business.”
Stephens has been using the RightNow technology for several years and one of its most notable feats is the ability to give a single view of customer interactions with New Zealand Post across multiple channels.
“There have been instances where a customer was complaining about NZ Post’s services on Twitter, but the company could see that the person was already on a live chat with a staff member and was able to respond to the customer accordingly on Twitter. I think that is a really cool example of when those channels come together. In the old world, that wouldn’t have happened and the customer would just be on the phone with us.”
Seems like NZ Post is already a fan of RightNow technologies and its new relationship with Oracle simply means business as usual.
April Holmes, March 22, 2012
January 21, 2013
Pulling from Customer Think, the article “Predictions For Customer Experience Management In 2013” discusses how the customer experience management have made great strides in the past three years. CEM used to solely focus on information fathering and finding insights in customer data (sounds like Big Data, right?). CEM now has more technology and methods at its fingertips to connect CEM users to its customers for real experiences. Two thousand thirteen will bring even more changes and the article predicts that solicited and social feedback will merge. CEM users must figure out how to take it, advantage of the two and possibly build a platform to manage it. Also immediate and real time feedback through mobile devices will be worth their weight in gold to gain consumer insights.
Here is the biggest change:
“Action at the Frontline Will Become Standard: While first-generation CEM software focused on capturing feedback, today’s CEM solutions go beyond understanding the customer experience. Now enterprises want CEM platforms that allow the frontline to connect feedback to action. In 2013, organizations will measure their CEM programs not just on response rates, but also on the closed loop and the business impact of closing the loop. The CEM solution of 2013 will directly (and not through complicated integration and years of IT projects) trigger, capture, and manage the action associated with feedback all the way to the frontline. CEOs need to make it their company’s mission to focus on the customer and even create a culture and the appropriate business measures and incentives to make it happen. But the people, who directly impact the customer’s experience, each and every day, are frontline employees. In 2013, the actions and influence of the frontline will grow, and consumers will feel the benefits.”
CEM makes sense when it comes to clothing, personal products, sport-related products, technology, etc., but what does it mean for software? Cheaper customer support systems? The article, applies more to physical products than digital.
Whitney Grace, January 21, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search
December 18, 2012
EA, a revamped source promises to make sense of the enterprise. According to Toolbox’s article “EA to Empower the Wisdom of Seeing the Whole, the Power of Enterprise Knowledge and the Art of Enterprise Collaboration”, corporations have reason to pay attention to enterprise architecture. . Ironically, the article portrays enterprise architecture as a means of reaching a higher power source on an almost spiritual level of organizational empowerment, aka Enterprise Zen, but fails to mention other important factors such as the need for wisdom in choosing partners and integrators.
Some of the points, though phrased in an entertaining proverbial way, are widespread by definition and more business sense than validation:
“Wisdom comes from seeing the whole where the whole is greater than the sum of its parts. However, in an organization, most people can only touch the tree without seeing the forest. Knowledge is power; EA does not only enable everyone to see the whole but also enable everyone to know the parts via enterprise knowledge management. Collaboration is more art than science. It is in every organization strategic planning goal and it is also a difficult goal to achieve.”
Enterprise architecture is one cog in the wheel of getting enterprise information out there. Using a reliable technology like Intrafind, that is backed up with a team of solution providers can provide the initial steps necessary to help you make the best of your EA investment and reach true Enterprise Zen.
Jennifer Shockley, December 18, 2012
December 12, 2012
We’ve noted an interesting stance by Toshiba, a company on track to become the new Sharp or Sony. The Australian blog Future Proof complains about “Toshiba Laptop Service Manuals and the Sorry State of Copyright Law.” It seems that Future Proof blogger Tim proudly maintains a section wherein he freely shares as many laptop service manuals as he can get his hands on. Toshiba, though, has now told him to keep his virtual mitts off their copyrighted material. Tim is unhappy about the move.
The piece shares Toshiba’s reasons for issuing the cease-and-desist, then refutes each in turn. Safety? You’ve got to be kidding me, says Tim. Proprietary information? Well, other manufacturers do not share Toshiba’s concern, so how secret can this stuff be? Manuals are only for authorized service providers, Toshiba insists. Tim can’t argue with the truth of that one, but considers is unreasonably restrictive. The manuals are copyrighted, they say. Well, yes, that’s rather the issue, isn’t it? The post opines:
“As the original author of their laptop repair manuals, Toshiba owns the copyright on them and has the legal right to control their dissemination. They have not followed in the footsteps of other companies and made the decision to disseminate them to the public for open use. They are, in fact, tightly limiting access to their manuals only to their authorised repairers, and as such locking its customers out from information they could use to service or repair their laptops on their own.”
I have a certain amount of sympathy for a company that may be trying to protect its authorized service providers. However, since other players in the field, like Dell, HP, and Lenovo are more willing to allow open access to their information, Toshiba looks like the outlier here. Will pressure from consumers stirred up by Future Proof make any difference?
Cynthia Murrell, December 12, 2012
October 30, 2012
InMagic has taken a step forward with a recent promise to its customers. On the company’s blog, General Manager and CTO Phil Green posts, “Back to the Future: a Pledge to Keep our Customers Self-Sufficient.” This vow to boost ease-of-use is an attitude we like to see.
One of InMagic’s primary commitments, says Green, has always been to provide software that can be easily used and customized by even the non-technical among us. As the Web grew in scale and complexity, however, that goal became more of a challenge for the company’s DB/TextWorks WebPublisher solution. Clients using that software to build and maintain their Web sites have often found it difficult to modify their sites without the help of a skilled Web developer.
InMagic now has the solution. Green recalls a client who urgently needed two things for their custom DB/Text WebPublisher-based website. First, they wanted the ability to make changes to their site without tapping an expensive consultant. The customer also wanted to stick with InMagic’s DB/TextWorks to build and maintain their database. Green writes:
“We were thrilled to be able to offer our new solution, Presto for DB/Text. The DB/TextWorks connector in Presto for DB/Text enables the client to build and maintain their textbase in DB/TextWorks while publishing the content in Presto. And the connector easily accommodates their textbase of more than 100,000 records. In addition, the Presto configuration layer enables the client to easily make changes to the website without technical support. In fact, the client is so comfortable with the product that they’re handling the majority of development of their new website themselves, with only limited configuration and building help from us.”
Green goes on to mention another client, one who successfully used Presto to rebuild their intranet site and to integrate with SharePoint. Specialized InMagic Web parts installed into SharePoint made Presto content available in the customer’s new SharePoint-based intranet.
Formed almost thirty years ago, InMagic is located in Woburn, MA . The company builds information management tools that, they say, are known for low cost of ownership, flexibility, ease-of-use, and rapid deployment. Some prominent customers include NASA, the esteemed Lincoln Center for the Performing Arts, and corporate powerhouse Owens Corning.
Cynthia Murrell, October 30, 2012