Contact Center Pricing
The biggest advocates for information technology transformation can come from inside your organization. Internal IT innovators can spark business growth and evolution. Learn how having employees as innovation champions can benefit your company in this blog.
With companies increasingly relying on IT post-pandemic and through the current macroeconomic headwinds, innovation is vital to continue pushing the business world forward. Having employees as IT innovation advocates can help your company attract talent and optimize efficiency. While it may seem like a big undertaking to tackle, let’s explore how employees can play this important role in organizations.
Leadership alignment and buy-in can inspire innovation and make IT organizations more effective. Technology should enable and act as the catalyst for business objectives – not the end state. Organizational leadership should align on objectives. Executives responsible for IT and digitalization who report to the board and executive committees, such as CIOs and CTOs, should sponsor innovation initiatives.
Implementing contextual metrics for progress is another focus of innovation. Because IT organizations often are viewed as cost centers, they are typically measured on efficiency and policy only. As technology fundamentally enables new business models, organizations need to ensure they are using purpose-led metrics. Everest Group recommends using different metrics based on the objective, such as time to implement systems, improvement in customer onboarding scopes, and automating back-office processes that measure efficiency, and customer experience and new business model innovation that track growth. We believe IT is becoming an enabler for growth, through Systems of Growth thinking, Agile governance also drives innovation in IT organizations. Given the rapid technological change and disruption, IT organizations cannot be static. A cross-functional leadership team should re-examine IT organizations frequently to ensure they remain aligned to their “North Star” and quickly learn from mistakes and course correct.
Innovative-driven IT organizations benefit in three main ways. First, organizations can respond to customer needs faster. More and more, an organization’s ability to use technology determines its success in a fast-changing environment as customer preferences and consumption patterns evolve.
Second, IT innovation improves the ability to attract the right talent. As Gen-Z (and beyond) become the primary workforce that organizations try to attract, they must provide the right tools and infrastructure to make the employee experience a key part of their value proposition. This is also the key to managing attrition and creating belonging in the workplace.
Lastly, IT innovation allows organizations to stay ahead of compliance and security needs. With the ever-evolving regulatory environment, using purpose-built technology can help organizations become resilient and secure. As a result, organizations can avoid brand, reputation, and financial loss.
Creating internal advocates and champions is vital to IT innovation. IT should seek greater feedback from internal and end users to create a distinctive business case. Beyond that, individuals can start promoting IT innovation.
The first way is to speak the language of business. IT enables business growth and innovation — thus, it needs to be referenced in the same context. Framing technology investments as anchored to growth, efficiency, and resilience will enable a wider cross-section of organizational counterparts to understand its impact.
Another avenue to garner support for IT innovation is to regularly report results. IT leaders shouldn’t wait for end-of-year results or budgeting cycles to showcase progress. They should do this quarterly or more frequently, so leaders see the impact and value.
The IT department shouldn’t be an isolated team but instead, plug into a company’s DNA and morph as the company changes. By collaborating with multiple sectors of the company, IT innovation can be built into the organizational framework. This will ensure the IT team is not at odds and can more easily assist their company by continuously adapting to changing markets.
For more information or to discuss how to implement innovation into your IT team, reach out to Nitish Mittal at [email protected].
You can also discover how technology, processes, and business networks will evolve in our webinar, What’s Ahead After a Decade of Digital Transformation?
The event brings together more than 100 IT sourcing, procurement, finance, and vendor management decision makers from leading European companies to discuss effective IT Procurement strategies.
View the event on LinkedIn, which was delivered live on Thursday, September 29, 2022.
📢The Customer Experience Management (CXM) market in EMEA is booming due to increased demand for outsourcing, as enterprises look to improve the customer experience, balance risk, and save money💲. With leading-edge capabilities like analytics, robotic process automation (RPA), and chatbots combined with traditional customer service skills, service providers are enabling enterprises to enhance their customer experience delivery significantly.
Join this LinkedIn Live session as our experts discuss the results of our recently completed PEAK Matrix® assessment showcasing our latest CXM research in the EMEA region🌏. We’ll explore the size of the market, key verticals, and which service providers are leading the CXM pack, as well as their standout capabilities.
Europe and the UK (among other major markets) are increasingly looking at the sovereignty and environmental sustainability of their cloud transformations. Sovereign cloud initiatives have been accelerated by cybersecurity concerns from the Russian invasion of Ukraine and ongoing programs such as GAIA-X and Cloud de confiance in France, while sustainability and the carbon footprint of digital transformation initiatives are now a board-level agenda.
Europe and the UK (among other major markets) are increasingly looking at the sovereignty and environmental sustainability of their cloud transformations. Sovereign cloud initiatives have been accelerated by cybersecurity concerns from the Russian invasion of Ukraine and ongoing programs such as GAIA-X and Cloud de confiance in France, while sustainability and the carbon footprint of digital transformation initiatives are now a board-level agenda.
Based on Everest Group’s close tracking of the Europe and UK technology landscape, this webinar will focus on how organisations in this region are embracing sovereignty and sustainability and the opportunities that exist for technology and service providers.
What questions will the webinar answer for the participants?
Who should attend?
Join Everest Group experts at Digital Transformation Week (DTW), a two-day hybrid event held on September 21 – 22 at the RAI in Amsterdam, The Netherlands. Everest Group Partner, Nitish Mittal, will speak in the opening panel titled, “Moving from Now to Next – Shaping Digital Infrastructure for the Future.” This session will take place at 10:15 AM BST on September 21. The event will explore advanced DTX strategies for a “digital everything” world. Everest Group is proud to be DTW’s gold sponsor.
"*" indicates required fields
The energy crisis in Europe and macro-economic headwinds are weighing on the outlook for IT service segments like retail, manufacturing, and automotives, analysts said.
The EU and UK may already be in the throes of a hard landing, and their firms are under severe cost pressure, said Peter Bendor-Samuel, CEO of Everest Group.
View the event on LinkedIn, which was delivered live on Wednesday, September 14, 2022.
Sourcing teams strive to be more agile in how they support their business to meet rapidly changing needs🏃♀️. DNB, Norway’s largest financial services group, and its sourcing team developed an innovative and effective approach to its sourcing strategy by leveraging a DevOps model.
🎤Join this session to hear a conversation with DNB’s Robin Oberst and discover the shifts and improvements that DNB incorporated into its sourcing strategy. Our speakers will highlight the challenges faced by the company in its traditional sourcing approach and discuss how it adjusted its sourcing strategy to become more agile, collaborative, and efficient🌐.
Key questions our speakers will explore:
👉What challenges did the DNB sourcing team face in their traditional sourcing approach?
👉What did the team learn as they moved to a DevOps model?
👉What changes did they make to be more agile in the sourcing market?
Delivering exceptional customer experience has become essential to meet changing expectations post-pandemic. But various challenges – from data analytics to talent – can prevent companies from delivering the highly personalized interactions consumers crave. Learn what issues keep customer experience officers (CXOs) up at night in this blog.
The outsourced customer experience management (CXM) market has seen historic growth in recent years, rising about 12% to 14% last year to more than USD$100 billion, according to Everest Group estimates.
While COVID-19 increased demand for CX-related services, it was not the only driver. Senior business leaders now realize delivering exceptional customer experience is no longer a “nice to have” but a “must have” to grow their businesses and thrive in an increasingly competitive market, especially with tough economic times forecast.
As a result, greater focus is being put on customer experience (CX) and customer service (CS) leaders to deliver an exceptional experience. From our conversations with senior business leaders, they all face the following six similar challenges:
The CX or CS leadership role has gained greater significance in recent years as the world has awoken to the importance of delivering great customer experiences. While challenging, the obstacles these leaders face are not insurmountable with the right insights, data, and teamwork.
To discuss CX trends further, contact David Rickard at [email protected].
Learn more about how to optimize your customer experience strategy in our LinkedIn Live session, “How are Leading Organizations Delivering Exceptional Customer Experience?”
The expanded remote work environment post-pandemic and increasingly sophisticated security threats have compelled organizations to increase their focus on protecting contact center data. Learn how to build a holistic framework of best practices for technology, the business, and agents to shape contact center security in this blog.
Securing the landmine of customer data – from credit card numbers to health records – that reside in contact centers is a top concern for all businesses, particularly outsourced customer support. Data breaches can have serious financial, reputational, and legal consequences.
As new security threats constantly emerge and regulations change, strengthening contact center security is like aiming at a moving target. Now with the increase in remote work and more intricate ways to compromise data, this challenge has become more critical than ever. Let’s explore how it can be tackled.
Organizations should implement many different types of contact center security best practices related to the following three areas:
Contact center security protocols can vary based on the delivery model. The complexity has increased as contact centers have evolved from entirely brick-and- mortar-driven service delivery to remote service delivery with Work at Home Agents (WAHA) and BYODs, which allow agents to choose their work location and use their own devices to conduct work.
As organizations move from working at offices to remote locations, contact center leaders need to be more vigilant to keep customer data safe. While the WAHA and BYOD models bring more operational agility to the workforce, they add heightened security concerns around endpoint safety management and agent monitoring.
The below graphic illustrates how the complexity increases with the newer work models:
Illustration 1: Everest Group
Defining a BYOD security policy is critical to maintaining company security. Stakeholders from different departments are key to the policy planning process and bring important input. Leadership, human resources, finance, IT operations, and the security team should be part of a BYOD project management team and be asked to contribute to policy development.
Failing to routinely update machines with the most updated security patches is one of the biggest cybersecurity risks. Often this failure is simply due to not having enough IT resources. Even with in-center deployments, manually patching each device is a huge drain on time and resources. This challenge is further complicated in a remote/hybrid working environment where the device is off-site.
The patching process is a key part of vulnerability management. By employing best practices that expose any conflicts with existing systems configurations on which the patch is being installed, potential downtime can be avoided. For organizations with tens of thousands of network endpoints, remote patch management offers greater control over potential vulnerabilities caused by outdated patch versions, wherever they may be located on the network. This help ensures the threat is resolved as quickly as possible.
An automated patch deployment feature gives system administrators the ability to deploy patches missing in their network computers automatically without requiring manual intervention. While automated patch rollouts seem like a no-brainer for WFH and BYOD models, they also must be considered for in-center models to reduce the resource strain on the organization’s IT department.
Identifying the most critical security issues and software updates requires strong asset and software inventory management, which can be achieved using an automated patch management tool.
After that, creating a dedicated remote patch testing environment identical to the production system (using virtualization) can help run “smoke tests” to ensure behaviors/programs do not fail before moving to production. Alternatively, an initial test can be applied to less critical systems and expanded if they perform as expected. Even with a thorough patch testing program, organizations should have a contingency and rollback plan in case something goes wrong so systems can be restored to their pre-patched state.
While most security practices are agnostic of the model in which operations are run, WFH and BYOD models require an additional layer of security considerations to stay clear of any potential cybersecurity threats.
Contact center leaders must look at a holistic framework of technology, business, and agent best practices to shape their security organization. The below table encapsulates some of the strategies leaders should consider:
In-center model | WFH Model | BYOD model | |
Technology related |
|
|
|
Business related |
|
|
|
Agent related |
|
Illustration 2: Everest Group
As infrastructure and networks grow in size and complexity, manually managing security and compliance checklists has become increasingly difficult.
Manual operations can result in slower issue detection and remediation, resource configuration errors, and inconsistent policy application, leaving systems vulnerable to compliance issues and attacks. Automating security update rollouts can help prevent unplanned and expensive downtime and improve functionality.
This approach needs to be complemented with good governance of the security landscape, ensuring the contact center is following the latest security frameworks based on their industry. Finally, organizations need to train agents on these standards and track and monitor their devices in real-time to ensure no security gaps exist that potential cybercriminals can leverage.
To discuss contact center security solutions in more detail, please reach out to [email protected] or [email protected].
Learn more about cybersecurity, incident detection, investigation, and response in our blog, “Is Managed Detection and Response (MDR) the Holy Grail for Cybersecurity Services?”
©2024 Everest Global, Inc. Privacy Notice Terms of Use Do Not Sell My Information Research Participation Terms
"*" indicates required fields