ISG Software Research Analyst Perspectives (79)

Predictive Analytics Enters the Business Mainstream

Posted by ISG Research on 22 July 2015

Our recently released benchmark research into next-generation predictive analytics shows that in this increasingly important area many organizations are moving forward in the dimensions of information and technology, but most are challenged to find people with the right skills and to align organizational processes to derive business value from predictive analytics. For those that have done so,... Read More

Topics: Big Data, Predictive Analytics, alteryx, Customer Performance, Analytics, Business Analytics, Business Intelligence, Business Performance, Operational Intelligence

Upstream Works Helps Customer Service Agents Improve Efficiency and Effectiveness

Posted by ISG Research on 16 July 2015

My research and experience show that contact center agents and others handling customer interactions face the continuing challenge of meeting customer expectations while keeping down the cost of handling interactions. Our benchmark research into the agent desktop and customer service finds that one obstacle to meeting these dual objectives is that users have to access multiple systems – typically... Read More

Topics: Customer Experience, Customer Performance, Cloud Computing, Call Center

Host Analytics Modeling Cloud Simplifies Planning and Reporting

Posted by ISG Research on 10 July 2015

Our benchmark research on next-generation business planning finds that a large majority of companies rely on spreadsheets to manage planning processes. For example, four out of five use them for supply chain planning, and about two-thirds for budgeting and sales forecasting. Spreadsheets are the default choice for modeling and planning because they are flexible. They adapt to the needs of... Read More

Topics: Planning, Predictive Analytics, Marketing Planning, Reporting, Sales Forecasting, Budgeting, Customer Performance, Operational Performance, Analytics, Business Analytics, Business Collaboration, Business Performance, Financial Performance, Business Planning, Demand Planning, Integrated Business Planning

Companies Need Disruptive Customer Experience Technologies

Posted by ISG Research on 10 July 2015

Our benchmark research into next-generation customer engagement finds that the top priorities in customer service for companies are to improve the customer experience (said 74%) and their customer service performance (70%). To do this, the technological steps most companies expect to improve customer engagement are to deploy collaboration systems, redesign the customer portal, deploy internal... Read More

Topics: Big Data, Customer Performance, Business Analytics, Business Collaboration, Cloud Computing, Call Center

Big Data Analytics Will Displace Net Promoter Score (NPS) for Measuring Customer Experience

Posted by ISG Research on 29 June 2015

Our benchmark research into big data analytics shows that marketing in the form of cross-selling and upselling (38%) and customer understanding (32%) are the top use cases for big data analytics. Related to these uses, organizations today spend billions of dollars on programs seeking customer loyalty and satisfaction. A powerful metric that impacts this spending is net promoter score (NPS), which... Read More

Topics: Big Data, Customer Performance, Business Analytics, Business Performance, Operational Intelligence, Information Optimization

Unit4 Defines Strategy to Disrupt ERP Market

Posted by ISG Research on 29 June 2015

Unit4 is a global business software vendor focused on business and professional services, the public sector and higher education. Recently company executives met with industry analysts to provide an update of its strategic roadmap and to recap its accomplishments since being acquired by a private equity firm in 2014. Unit4 is the result of successive mergers of ERP and business software... Read More

Topics: Predictive Analytics, Human Capital, Office of Finance, Operational Performance, Business Analytics, Business Collaboration, Business Performance, Cloud Computing, Financial Performance

Envision Offers Comprehensive Suite for Workforce Optimization

Posted by ISG Research on 29 June 2015

Envision is a vendor of workforce optimization software that I have been following for many years. It is rated a Hot vendor in our 2015 Workforce Optimization Value Index. It offers a full suite of products, including interaction capture, quality monitoring, workforce management, coaching and training, agent compensation management and workforce analytics. In an analysis last year I wrote about... Read More

Topics: Big Data, Customer Performance, Cloud Computing, Call Center

OnviSource Opens Up Workforce Optimization for Contact Center Excellence

Posted by ISG Research on 19 June 2015

OnviSource is a 10-year-old vendor of workforce optimization software whose core product, OnviCenter 7, includes interaction capture, quality monitoring, workforce management, coaching and training, and workforce analytics. The company is rated a Hot vendor in our 2015 Workforce Optimization Value Index. It scored highly in the Manageability, Usability and Reliability categories but was held back... Read More

Topics: Big Data, Customer Experience, Customer Performance, Cloud Computing, Call Center

IBM’s Vision Features Analytics

Posted by ISG Research on 12 June 2015

IBM’s Vision user conference brings together customers who use its software for financial and sales performance management (FPM and SPM, respectively) as well as governance, risk management and compliance (GRC). Analytics is a technology that can enhance each of these activities. The recent conference and many of its sessions highlighted IBM’s growing emphasis on making more sophisticated... Read More

Topics: Big Data, Planning, Predictive Analytics, Governance, Human Capital, Budgeting, Customer Performance, Operational Performance, Analytics, Business Analytics, Business Performance, Cloud Computing, Financial Performance, Visualization

Corvisa Brings New Generation of Contact Center Communications in the Cloud

Posted by ISG Research on 12 June 2015

Contact centers in the cloud are increasingly popular alternatives to managing them on a company’s own premises. Running many business applications on hardware owned and managed by a third party is relatively straightforward and requires less support internally. Also the payment model changes from a license to a recurring fee, and typically the vendor provides updates as part of the fee. The... Read More

Topics: Big Data, Customer Feedback Management, Customer Performance, Business Collaboration, Cloud Computing, Call Center

Salesforce Helps Companies Innovate in Customer Management

Posted by ISG Research on 04 June 2015

In recent years I have tracked Salesforce, its product development and its announcements. Despite having grown into a giant corporation, it continues to introduce innovations. At a recent analyst day in the U.K., I followed up on the company’s overall direction, some key product developments and a new service to help drive adoption of innovative customer-related processes. Salesforce’s primary... Read More

Topics: Big Data, Customer Feedback Management, Customer Performance, Business Analytics, Business Collaboration, Cloud Computing, Call Center

Vertex Enterprise Supports Tax Department’s Effectiveness

Posted by ISG Research on 04 June 2015

Companies trust their tax departments with a highly sensitive and essential task. Direct (income) taxes usually are the second largest corporate expense, after salaries and wages. Failure to understand and manage this liability is expensive, whether because taxes are overpaid or because of fines and interest levied for underpayment. Moreover, taxes are a political issue, and corporations –... Read More

Topics: Big Data, Analytics, Business Performance, Financial Performance

Order-to-Cash Cycle for Revenue Recognition

Posted by ISG Research on 27 May 2015

Revenue recognition standards for companies that use contracts are in the process of changing, as I covered in an earlier perspective. As part of managing their transition to these standards, CFOs and controllers should initiate a full-scale review of their order-to-cash cycle. This should include examination of their company’s sales contracts and their contracting process. They also should... Read More

Topics: Planning, Governance, Office of Finance, Recurring Revenue, Reporting, Revenue Performance, Budgeting, Tax, Business Performance, Financial Performance

Genesys Advances Omnichannel Experience for Customer Engagement

Posted by ISG Research on 20 May 2015

I recently wrote about six technologies that can help companies deliver experiences that live up to their customers’ expectations: an integrated multichannel infrastructure, analytics, a smart agent desktop, business applications such as workforce management and knowledge management, collaboration and mobile apps. They should be closely integrated to simplify system administration, to support... Read More

Topics: Big Data, Customer Feedback Management, Customer Performance, Business Analytics, Cloud Computing, Call Center

Verint Introduces Gamification Software to Motivate and Engage the Workforce

Posted by ISG Research on 14 May 2015

Some new words can give the wrong impression. Take “gamification,” for example. It may sound as if employers are inviting their employees to play games just for fun, when actually this is a technique increasingly being used to recognize achievement and thus help improve performance. Several workforce management software vendors have introduced gamification systems that support setting targets,... Read More

Topics: Big Data, Customer Feedback Management, Customer Performance, Cloud Computing, Call Center

NICE Systems Engages Analytics to Optimize Customer Experience

Posted by ISG Research on 12 May 2015

NICE Systems is an established vendor of workforce optimization products that has long included analytics in its portfolio. Its latest release in this area, NICE Customer Experience Analytics, focuses on mapping, understanding and managing customer journeys and metrics. The product is built on NICE’s common technology platform, which consists of three functions: collect, understand and optimize.... Read More

Topics: Big Data, Customer Performance, Business Analytics, Cloud Computing, Call Center

New Revenue Recognition Rules Require Software

Posted by ISG Research on 12 May 2015

For most of the past decade businesses that decided not to pay attention to proposed changes in revenue recognition rules have saved themselves time and frustration as the proponents’ timetables have slipped and roadmaps have changed. The new rules are the result of a convergence of US-GAAP (Generally Accepted Accounting Principles – the accounting standard used by U.S.-based companies) and IFRS... Read More

Topics: Planning, Customer Experience, Governance, Office of Finance, Recurring Revenue, Reporting, Revenue Performance, Budgeting, Tax, Customer Performance, Business Performance, Financial Performance

Infor Makes User Experience A Reason for New Business Applications

Posted by ISG Research on 08 May 2015

Recently, Infor held its second innovation conference with industry analysts at its New York City headquarters. Infor’s products include the major categories of ERP, human capital management and financial performance management applications. Behind the marketing aspects of its use of “innovation” is a business strategy for retaining existing customers, migrating a sizable percentage of those... Read More

Topics: Human Capital, Office of Finance, UX, Customer Performance, Business Analytics, Business Collaboration, Business Performance, Cloud Computing, Financial Performance

Adaptive Insights Highlights Importance of Strategic Finance

Posted by ISG Research on 30 April 2015

Adaptive Insights held its annual user group meeting recently. A theme sounded in several keynote sessions was the importance of finance departments playing a more strategic role in their companies. Some participating customers described how they have evolved their planning process from being designed mainly to meet the needs of the finance department into a useful tool for managing the entire... Read More

Topics: Planning, Predictive Analytics, Human Capital, Marketing, Reporting, Sales Forecasting, Budgeting, Customer Performance, Operational Performance, Analytics, Business Analytics, Business Collaboration, Business Performance, Financial Performance, Business Planning, Supply Chain, Demand Planning, Integrated Business Planning, Project Planning

Panviva Embraces Cloud Computing for Guiding People and Business Processes

Posted by ISG Research on 29 April 2015

When I last wrote about Panviva I likened its product SupportPoint to a smart agent desktop – a system that helps contact center agents access the information they need to handle customer interactions, guides them through the process of handling interactions and offers advice on what to say next (for example, which product to upsell). Several trends have emerged since then. Two of our recent... Read More

Topics: Customer Experience, Customer Performance, Cloud Computing, Call Center