|
Understand What Customers
Are Saying Regardless of Language
By
Cliff LaCoursiere
June 2008
Shifting demographics are
changing the mix of spoken languages in the U.S. The 2000 U.S. Census Bureau
survey found that 18 percent of the total population, or approximately 47.0
million people, spoke languages other than English. These figures were up from
14 percent, or 31.8 million, in 1990 and 11 percent, or 23.1 million, in 1980.
These trends are expected to continue and will compel contact centers to offer
service in multiple languages. This adds an additional layer of complexity to a
business' understanding of their customers' needs, and it can challenge their
ability to achieve key performance metrics. Sophisticated speech analytics
technology that supports multiple languages can positively influence not only
contact center operations, but also business processes as a whole.
Background: The Benefits of
Speech Analytics: Speech analytics can be employed in contact centers to
identify key topics that point to customer dissatisfaction, such as naming a
competitor or asking to speak with a supervisor. The more advanced speech
analytics solutions capture silence, tempo, and stress in a call along with
topic identification algorithms. These applications enable businesses to
understand what customers are saying as well as the intent of what they mean,
providing a complete picture of all calls. This capability enables businesses
to identify customer dissatisfaction trends before they become issues that could
dramatically affect the company's bottom line. In addition, these solutions
produce reports that allow businesses to respond quickly to create and implement
programs that will satisfy and retain customers before they decide to take their
business elsewhere.
The following is an example of
how leveraging speech analytics technology could have helped a leading U.S.
communications services provider. This company reported losing $720 million in
2005 due to customers canceling their services. While most of those customers
did not cite customer satisfaction issues as the main reason, a sizable amount
did attribute their cancellation to competitive providers that offered better
pricing and better products. If this company had used speech analytics to
uncover why customers were leaving, then some percentage of those customers
might have been saved, and company-wide tactics could have been implemented to
save future customers as well.
Using the above communications
services provider example, implementing speech analytics to modestly improve
customer satisfaction by one quarter of one percent would save $5 million in
revenue from dropping off the bottom line. Increasing customer satisfaction and
reducing cancellations by a meager 1 percent boosts that figure to $20 million.
Taking It a Step Further: Speech Analytics Technologies in a Multilingual Contact Center Environment:
As you can see, speech analytics technologies have the ability to enable contact
centers and the businesses they support to reduce costs, increase revenues, and
improve customer satisfaction. Adding multiple languages into the mix makes
achieving customer satisfaction goals a daunting task unless the speech
analytics technology can address the issue of multiple languages.
This can be accomplished with
speech analytics technology that uses the appropriate language and acoustic
models to drive customer interactions into the database for analysis. However,
while some speech analytics vendors support multiple languages, they do so in a
monolithic fashion and only support one language recognition model per
application. Switching language applications is usually accomplished through
the contact center's IVR. More advanced speech analytics solutions, on the
other hand, are using a combination of IVR and CTI data to trigger the correct
language application.
To benefit outsourced contact
center providers that need to support multiple languages and accents, oftentimes
via multiple contact centers, in particular the speech analytics solution
implemented should be able to tag the origin of the contact center audio and
execute the appropriate language model for converting those recorded calls into
data that can be mined. The ability to switch between languages and accents is
critical for businesses that support a diverse customer base with multiple
languages. This gives the outsourced contact center a flexible tool to deliver
value-added services to their clients. This capability is particularly of
interest to outsourced contact centers since the value-added services have good
profit margins and can differentiate the outsourcer from those that don't offer
sophisticated call analytics.
Future implementations of speech
analytics will possess the capabilities of handling different languages spoken
on a call automatically by having the application recognize the language and
each word to trigger the appropriate function.
Undeniable Results: It's
clear that speech analytics can positively affect contact center - and overall
business - operations. By providing the ability to analyze every aspect of
every customer interaction, regardless of the language being spoken,
sophisticated speech analytics technology that supports multiple languages
enables call centers to better understand all of their callers' needs, wants,
and concerns. With this knowledge, companies can then act accordingly to
enhance customer satisfaction, reduced churn, and improve customer loyalty.
This, in turn, can help companies reduce their overall costs and increase
revenue.
Cliff LaCoursiere is a founder
and senior vice president of business development at CallMiner, provider of
quality management, analytics, and call center solutions. CallMiner is a speech
analytics solution that extracts customer intelligence from recorded
conversations.
Return
to the List of Articles || Go to the Directory of
All Articles
|