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Customers Expect that You Consistently Deliver On Your Brand Promise A Modern Service Perspective Knowledge Everywhere What Drives Competitive Advantage? Oracle solutions can accelerate your roadmap to Knowledge Everywhere. Find out more: www.oracle.com /service But No Clear Communication Channel Preference Has Emerged Customers Still Find It Difficult to Consistently Find the Right Answer 98% of consumers expect to be connected to someone knowledgeable Agents Aren’t Always Equipped to Support Customer Expectations 80% of case resolution time is spent on researching the issue 60% failure rate of service carried over from the web 99% of consumers expect to get satisfactory answers 45% Web Self Service 40% Email 40% Voice (live) 31% Social Media 25% Mobile 25% Voice (self service) 70% of searches require users to be familiar with the jargon of the website According to consumers, Customer service agents failed to answer their questions 50% of the time. Agent training on product knowledge becomes obsolete after 3-6 months Customers Still Find It Difficult to Consistently Find the Right Answer 81% 60% 21% 25% of customers said a company could have prevented them switching Service information continues to grow by 40-60%/year Only 21% of companies have a single knowledge base across both customers and employees CIOs can reduce customer support costs by 25% when a proper knowledge management discipline is in place 1. Cross Channel Knowledge Management 2. Semantic Search 4. Central Enterprise Knowledge Management 3. Natural Language Processing

Knowledge Everywhere

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Page 1: Knowledge Everywhere

Customers Expect that You Consistently Deliver On Your Brand Promise

A Modern Service Perspective Knowledge Everywhere

What Drives Competitive Advantage?

Oracle solutions can accelerate your roadmap to Knowledge Everywhere. Find out more: www.oracle.com/service

But No Clear Communication Channel Preference Has Emerged

Customers Still Find It Difficult to Consistently Find the Right Answer

98% of consumers expect to be connected to someone knowledgeable

Agents Aren’t Always Equipped to Support Customer Expectations

80% of case resolution time is spent on researching the issue

60% failure rate of service carried over from the web

99% of consumers expect to get satisfactory answers

45% Web Self Service

40% Email

40% Voice (live)

31% Social Media

25% Mobile

25% Voice

(self service)

70% of searches require users to be familiar with the jargon of the website

According to consumers, Customer service agents failed to answer their questions 50% of the time.

Agent training on product knowledge becomes obsolete

after 3-6 months

Customers Still Find It Difficult to Consistently Find the Right Answer

81%

60%

21%

25%

of customers said a company could have prevented them switching

Service information continues to grow by 40-60%/year

Only 21% of companies have a single knowledge base across both customers and employees

CIOs can reduce customer support costs by 25% when a proper knowledge management discipline is in place

1.  Cross Channel Knowledge Management

2.  Semantic Search

4.  Central Enterprise Knowledge Management

3.  Natural Language Processing