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Channel overload! - Contact Management

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Hosted <strong>Contact</strong> Centres<br />

hosted speech IVR spending will outpace onpremises<br />

IVR by more than 200 per cent, according<br />

to a recent Ovum study. By 2016, the analyst firm<br />

predicts that hosted speech IVR revenues will exceed<br />

on-premises by nearly 250 per cent.<br />

Some of the benefits that come with hosted IVR are<br />

relatively obvious. For example, as with any cloudbased<br />

IT or contact center solution, a hosted IVR<br />

service virtually eliminates CapEx. And because the<br />

vendor amortizes the operations over hundreds of<br />

customers, with each one paying only for the service<br />

it uses, each customer’s OpEx is also reduced. Those<br />

savings are compelling, especially now during the<br />

global recession, when every organization is looking<br />

to lower costs.<br />

Other economic benefits are far less obvious,<br />

especially as IVR technologies are becoming more<br />

intelligent and conversational. Hosted IVR providers<br />

enable immediate access to these newest and<br />

most sophisticated IVR technologies, freeing their<br />

customers from the cost and time investment that<br />

comes with purchasing, integrating and deploying<br />

new technologies on premises. That creates a window<br />

of opportunity for hosted customers to use a new<br />

technology to deliver a customer service experience<br />

so compelling that it becomes a powerful market<br />

differentiator. In other cases, a hosted solution<br />

provides access to cutting-edge technologies that the<br />

organization otherwise couldn’t cost justify if it had<br />

to buy the necessary hardware and software, as well<br />

as hire specialized staff to support it.<br />

One of those technologies is voice biometric<br />

authentication. Instead of requiring callers to<br />

remember information such as PINs – which 10 per<br />

cent of customers need to reset each month – or<br />

account numbers, the IVR system simply compares<br />

the caller’s voice to a voiceprint created when she<br />

became a customer. Many organizations also use<br />

biometric authentication to compare callers to a<br />

database of known fraudsters. With a hosted IVR,<br />

companies can implement biometric authentication<br />

faster and more cost-effectively, resulting in higher<br />

self-service rates.<br />

Why mobile is key<br />

Many of today’s hosted IVR solutions enable<br />

organizations to extend IVR technologies to other<br />

customer touchpoints. Because 60 per cent or<br />

more of customer service calls come from mobile<br />

phones, particularly smartphones, organizations are<br />

looking to simplify self-service for mobile users and<br />

remove the inconvenience associated with typing<br />

information on a small screen. With hosted IVR, the<br />

time and resources invested to build IVR applications<br />

using speech recognition, natural language, voice<br />

synthesis (text to speech) and biometrics can costeffectively<br />

be extended to enable a more natural<br />

spoken interface for mobile apps.<br />

This “IVR mobilization” strategy gets a boost<br />

from another trend. Thanks to platforms such as<br />

Samsung’s S Voice, Google Now and Siri on the iPhone<br />

4S, consumers and businesspeople are increasingly<br />

comfortable with the concept of speaking to apps as a<br />

way to get answers. That’s possible because with the<br />

right IVR technology, those apps are now capable of<br />

accurately understanding and providing answers.<br />

The ideal IVR solution today provides the same<br />

level of intelligence – often called “natural language<br />

understanding” – to understand not only what callers<br />

are saying, but also their intent. IVRs of the past<br />

required callers to stick to a limited set of spoken<br />

phrases in response to IVR questions.<br />

For example, a caller might be required to say<br />

“departure information” or “arrival times” in<br />

response to an airline’s IVR system. But if the caller<br />

instead uses everyday terms such as “When is it<br />

leaving?” or “What time does it land?” – a style<br />

similar to what they’d use with Siri – many IVR<br />

systems become confused because they don’t have<br />

the statistical models to find a match.<br />

Hosted IVRs, with the latest technology plus data<br />

models built from billions of calls, have an advanced<br />

ability to deliver on the conversational aspects that<br />

callers are becoming accustomed to. And as more and<br />

more companies move to hosted IVR, those models<br />

become more robust, continuously improving caller<br />

interactions and company economics via more callers<br />

successfully self-serving.<br />

US Airways illustrates the advantage of<br />

conversational IVR. In July 2011, the airline used a<br />

hosted IVR service to launch an IVR application that<br />

includes:<br />

The ability for callers to naturally speak the reason<br />

for their call.<br />

Features that personally greet callers and provide<br />

relevant information without the need to talk or type.<br />

Advanced audio read back that sounds extremely<br />

natural instead of robotic.<br />

The US Airways IVR truly provides the effortless<br />

self-service that consumers and business traveler’s<br />

value.<br />

“The more we know about our customers and the<br />

16 | contactmanagement.ca FALL 2012

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