Wed.Apr 17, 2024

article thumbnail

Five Keys to Growing and Optimizing Your Customer Service Team

CSM Magazine

Victor Obando, VP of Customer Solutions, ActivTrak Earlier this year the World Bank predicted the global economy would slow for a third straight year in 2024. While the job market is still strong in some industries and regions, heightened global tensions, high inflation and high interest rates have increased business uncertainty. As a result, leaders are proceeding cautiously when it comes to expanding company headcount, including in the area of customer service – which is often one of the most

article thumbnail

Bill Quiseng - Untitled Article

Bill Quiseng

QUI QUOTE: Instead of giving incentives to your customers who fill out your surveys, offer rewards and recognition to your people who deliver service so GREAT customers rave about them on your surveys and social media. Customers pay for their experience, not your product or service. And it’s THEIR experience, not yours. Customers seek the best emotional value in their experience.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uncover hidden connections in unstructured financial data with Amazon Bedrock and Amazon Neptune

AWS Machine Learning

In asset management, portfolio managers need to closely monitor companies in their investment universe to identify risks and opportunities, and guide investment decisions. Tracking direct events like earnings reports or credit downgrades is straightforward—you can set up alerts to notify managers of news containing company names. However, detecting second and third-order impacts arising from events at suppliers, customers, partners, or other entities in a company’s ecosystem is challenging.

Financial 131
article thumbnail

The Beginner's Guide to Customer Experience Analytics

Thematic

Customer Experience Analytics (CXA) is your key to unlocking the true reasons behind their choices and experiences. Investing in truly understanding them has a massive financial payoff. Our own customers have gained huge financial benefits through effectively analyzing customer data to improve customer experiences. Companies earning $1 billion annually often see an additional $700 million in revenue within just 3 years of prioritizing customer experience.

article thumbnail

2024 State of Customer Education Report

Customer education has become a key driver for growth, retention, and product adoption. Our latest 2024 State of Customer Education Report uncovers critical data and insights from a survey of over 200 industry leaders, offering a look at the evolving role of education in driving business success. Inside, you'll find data on key trends and strategies, including: Strategies for Scaling & Customization: Find out which investments in learning technology deliver the biggest ROI and scalability.

article thumbnail

Open source observability for AWS Inferentia nodes within Amazon EKS clusters

AWS Machine Learning

Recent developments in machine learning (ML) have led to increasingly large models, some of which require hundreds of billions of parameters. Although they are more powerful, training and inference on those models require significant computational resources. Despite the availability of advanced distributed training libraries, it’s common for training and inference jobs to need hundreds of accelerators (GPUs or purpose-built ML chips such as AWS Trainium and AWS Inferentia ), and therefore tens o

Metrics 122

More Trending

article thumbnail

YouTube mandates disclosure of AI-generated content in new transparency push

BirdEye

In a landmark move aimed at bolstering transparency and trust, YouTube has introduced a mandatory policy requiring creators to disclose the use of AI-generated content in their videos. This decision comes in response to the growing concerns over artificial intelligence’s role in content creation and its potential to mislead viewers. Policy overview: Combating deceptive content with transparency YouTube now mandates that creators reveal when their videos include AI-generated or significantl

article thumbnail

The Beginner's Guide to Customer Experience Analytics

Thematic

Customer Experience Analytics (CXA) is your key to unlocking the true reasons behind their choices and experiences. Investing in truly understanding them has a massive financial payoff. Our own customers have gained huge financial benefits through effectively analyzing customer data to improve customer experiences. Companies earning $1 billion annually often see an additional $700 million in revenue within just 3 years of prioritizing customer experience.

article thumbnail

Redefine workforce development to uncover digital success in manufacturing

West Monroe

Talent and skill shortages continue to be a growing concern for manufacturers as they mature their digital capabilities. Beyond just the large and growing shortage of workers , there’s an equally troubling deficit of the digital skills needed to power the move toward smart manufacturing and Industry 4.0. Industry leaders recently ranked “building a stronger and more resilient workforce” among the top three investment priorities for 2024.

article thumbnail

It’s ‘Get to Know Your Customers Day’ – Don’t Alienate Your Best Customers 

Optimove

Take your customer segmentation to the next level with our advanced guide Download Now Why it matters: Celebrated on the third Thursday of each quarter, “Get to Know Your Customers Day” emphasizes the importance of understanding customers deeply and catering to their wants and needs. Marketers should be mindful of their most valuable customers and their offerings.

Tips 59
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

Top Features to Look for in Customer Support Solutions

Team Support

In the digital age, where customer expectations are higher than ever, providing exceptional customer support is not just an option; it's a necessity. As businesses scramble to keep up with growing demands, the right customer support solution becomes a pivotal asset. It's not just about solving customer issues but creating a seamless, responsive, and personalized service experience that can significantly impact your brand's reputation and your bottom line.

article thumbnail

Stop Wasting Time! Automate CRM Data Entry & Boost Sales

Magellan Solutions

Are you tired of wasting countless hours entering data into your CRM system? Did you know that sales representatives spend 65% of their time on administrative tasks such as repetitive data entry, leaving only 35% dedicated to actual selling activities ? That’s a significant chunk of lost productivity and missed opportunities. With this, there’s a pressing need to streamline and automate data entry processes that consume valuable selling time; this is where automating CRM data entry servic

CRM 52
article thumbnail

10 Must-have Chatbot Features That Make Your Bot a Success

CSM Magazine

In today’s always on economy, customer experience managers face the challenge of meeting consumer expectations round-the-clock. Enter chatbots – the tireless, automated assistants revolutionizing customer service. But not all bots are created equal. The difference between a bot that enhances customer experience and one that frustrates users often lies in its features.

article thumbnail

152: The Power of Purpose

The DiJulius Group

Uncover the future of customer service as we explore the power of AI, where technology meets empathy head-on. John and his colleague Dave Murray take you through the emerging “collaborative AI” world, redefining traditional customer interactions and the emotional bonds they forge. From tackling empathy fatigue to considering AI as a potential carrier of compassion, Read Full Article The post 152: The Power of Purpose appeared first on The DiJulius Group.

Groups 52
article thumbnail

Frost Radar: Voice of Customer Analytics, 2024

Understanding and improving your customer experience (CX) can have a massive impact on your bottom line. Choosing the right voice of customers (VoC) solution is a critical step to elevating CX. Frost & Sullivan researched more than 50 leading VoC vendors, analyzing both their “innovation index” and “growth index” to independently select the top 10 performers in each of these categories.

article thumbnail

Why Proactive Customer Service Outshines Reactive

CSM Magazine

In today’s fast-paced, customer-centric business landscape, the traditional approach of reactive customer service—to wait for customers to reach out with issues—no longer reigns supreme. Instead, proactive customer service, which involves anticipating and addressing customer needs before they arise, is now considered a gold standard in fostering strong customer relationships and loyalty.

article thumbnail

Steer Between Debt And Delay With Platform Engineering

Forrester's Customer Insights

In Greek mythology, Scylla and Charybdis represented the problem of navigating between two hazards: deadly rocks on one side, a fearsome whirlpool on the other.

article thumbnail

The Deciders April 2024: Michigan Voters in Union Households

2020 Research

Key Takeaways Strong union ties don’t affect the views of union-affiliated Michigan voters as much as other factors, like religion and parenthood Though Trump isn’t seen as pro-union, some of these Michigan voters support him because they believe he’s pro-worker These voters have concerns about the U.S. economy, especially the cost of housing. They offered ideas for government programs that could help make housing more affordable In this Article What Influences Union-Affiliated Michigan Voters W

article thumbnail

Introducing The Forrester Wave™: Workday Services, Q2 2024

Forrester's Customer Insights

In our 25-criterion evaluation of Workday services providers, we identified the most significant ones and researched, analyzed, and scored them. This blog introduces you to the report on how each provider measures up and helps enterprise technology leaders select the right one for their needs.

article thumbnail

Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

article thumbnail

DBS Bank’s Billion-Dollar AI Dream

Forrester's Customer Insights

Financial services firms are at various stages of defining their vision for AI and what value AI can bring to their organization. In reality, most firms are still far from realizing significant commercial value from their AI investments. Singapore-based DBS Bank stands as a role model for these firms.

Banking 36
article thumbnail

Modernize Your Cloud Governance To Match Today’s Cloud Strategy

Forrester's Customer Insights

Your cloud usage continues to grow. The types of workloads you’re migrating are trending increasingly mission-critical. Your cloud governance must match this new reality.

article thumbnail

Introducing Forrester’s Sustainability Management Software Landscape And Wave

Forrester's Customer Insights

Investing in sustainability management software is an important business imperative not only to be complaint to sustainability regulations, but also to drive an environmental sustainability strategy, optimize metrics and reporting, and have good corporate sustainability data management practices especially if you need to prove you are doing what you said you would.