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Asia Pacific Contact Center Applications Market Back to Growth Trajectory Where do the opportunities lie? Krishna Baidya Industry Manager ICT Practice - APAC September 2011

APAC Contact Center Applications Market Back to Growth Trajectory

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Page 1: APAC Contact Center Applications Market Back to Growth Trajectory

Asia Pacific Contact Center Applications Market Back to Growth Trajectory

Where do the opportunities lie?

Krishna BaidyaIndustry ManagerICT Practice - APAC

September 2011

Page 2: APAC Contact Center Applications Market Back to Growth Trajectory

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Table of Contents

Source: Frost & Sullivan.

Contact Center Application – State of Market

Demand Analysis

Key Trends Shaping the Future

Opportunity Analysis

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APAC State of the Market

India$110.1, 4.9%

ASEAN$95.3, 10.1%

ANZ$148.1, 8.7%

Japan$182.3, 8.1%

South Korea$60.6, 0.1%

GC $155.2, 11.3%

Market NameCY 2010 Market Size ($Mn), Growth Rate

$751.7 million – Market Size in CY 2010

most mature & innovative market in APAC

domestic markets (Finance, Insurance, Telco) continue to bloom

market maturing rapidly and embrace advanced applications / technologies (analytics) to drive operational efficiency & sales

strong speech analytics wave, driven by compliance and going beyond “standard” Quality Management solutions

embracing new and advanced technology although environments continue to be relatively smaller

Philippines –strong trend of agents seats moving from India(mainly voice based), BPOs looking to enhance offering

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755.4

687.5

751.7

2008 2009 2010

CM21.9%

CTI24.7%

WFM6.6%

Speech2.1%

OB8.5%

Multimedia

2.1%

IVR13.3%

ACD20.8%

Contact Center Applications Market: Historical Market Performance (Asia Pacific), 2008 – 2010

Contact Center Applications Market: CC Application Opportunity (Asia Pacific), CY 2010

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

APAC State of the Market

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Drivers and Restraints

Drivers• Offshore outsourcing to Asia Pacific• Increasing domestic demand for contact

centers & customer service• Focus on efficiency & cost reduction• Drive Self-Service• Increasing need to include social media

and other multimedia channels

Restraints• Shift from on-premise infrastructure to

Hosted or Cloud-based apps• Increasing saturation of the contact

center• Reducing price points due to bundled

application sales and commoditization

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Demand Analysis

BFSI29.0%

Teleco28.0%Govt & Edu

7.0%

Travel & Hosp4.0%

Retail & Utilities

5.0%

OCC17.0%

Others10.0%

Contact Center Applications Market: Opportunity by Verticals (Asia Pacific), CY 2010

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

Contact Center Applications Market: Opportunity by Horizontals (Asia Pacific), CY 2010

Less than 50 seats17.5%

51-200 seats40.8%

More than 200 seats

41.7%

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

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Opportunity Analysis

0

200

400

600

800

1,000

1,200

1,400

2009 2010 2011 2012 2013 2014 2015 2016 2017

Re

ve

nu

es

($

Mill

ion

)

0%

2%

4%

6%

8%

10%

12%

Re

ve

nu

e G

row

th R

ate

(%

)

Contact Center Applications Market: Revenue Forecast (Asia Pacific), 2009 - 2017

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

CAGR (2010-1017): 9.1%

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Market Trends : Customer Experience 2.0

RichInteractions

CollaborativeEngagement

Servicein the

Cloud

IntelligentService

Increasing Competition

Social Media boom

Improving Infrastructure

Multiple Media for Single Interaction

Costs - Shift from Capex to Opex

Gen Y – Changing expectations

Need for Personalization

More with Less

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Market Trends : Customer Experience 2.0

#1 Rich Customer Service Interactions

#2 Collaborative Customer Engagement

#3 Customer Service in the Cloud

#4 Intelligent Service – Leveraging Analytics

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Opportunity Analysis

CAGR (2010 – 2017)

Note: No Services included in revenue

$ 1,383.7 Mn

$ 751.7 Mn

13.1%

15.2%

9.4%

13.5%

10.8%

5.0%

11.3%

7.0%

WFM

Speech

OB

Multimedia

IVR

CTI

CM

ACD

2010 2017

251.1

347.8

156.6

164.5

WFM

Speech

OB

MM

IVR

CTI

CM

ACD

CAGR (2010-1017): 9.1%

Note: All figures are rounded; the base year is 2010.Source: Frost & Sullivan

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Opportunity Analysis

Multimedia Integration & Emergence of Social Media as a Customer Service tool

Shift towards increasing Self-Service & Using IVR as a call resolution platform

Focus on Optimisation – Increasing investments in WFM & Performance Management applications

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For Additional Information

Donna JeremiahCorporate CommunicationsAsia Pacific+603 6204 [email protected]

Carrie LowCorporate CommunicationsAsia Pacific+603 6204 [email protected]

Krishna BaidyaIndustry [email protected]

Jessie LohCorporate CommunicationsAsia Pacific+65 6890 [email protected]