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Telecom Analytics: Video interview on customer engagement with analytics; this week’s news

How should carriers engage customers using an analytics platform? RCR Wireless News interviewed Nice Systems director of innovation and solutions, Matthew Storm, to find out. Earlier this year, Nice Systems announced a new customer engagement analytics platform that allows organizations to capture and analyze big data generated by cross-channel customer engagement, and map the entire customer journey.

“Every telco wants to expand wallet share. They want more from their customers,” Storm said. “38% of CMOs said they have some sort of big data plan, but they are not sure how to deal with it. Typically, dealing with big data is taking the right information, making a personalized offer and using all these data so that interaction has the most value.”

According to Storm, it starts with collecting the right information. But how should telcos choose which data to collect? “They should start with the information that they use on the regular basis,” Storm said. “Sometimes transactional data and interactional data combined together.”

Earlier this week Nice Systems announced it would acquire Causata, a provider of real-time big data analytics technology. With this move, the company aims to provide greater insights of customers’ Internet activities, and then apply those insights  in real time, across other touch points, such as through a contact center.

More news from the telecom analytics market:

The telecom analytics series provides weekly insights on trends, new products and other topics that touch on the advantages and  monetization opportunities of analytics tools for telecom operators, including big databusiness intelligencecustomer experience analysis and management, business analytics  and network analytics.

ABOUT AUTHOR

Roberta Prescott
Roberta Prescott
Editor, Americasrprescott@rcrwireless.com Roberta Prescott is responsible for Latin America reporting news and analysis, interviewing key stakeholders. Roberta has worked as an IT and telecommunication journalist since March 2005, when she started as a reporter with InformationWeek Brasil magazine and its website IT Web. In July 2006, Prescott was promoted to be the editor-in-chief, and, beyond the magazine and website, was in charge for all ICT products, such as IT events and CIO awards. In mid-2010, she was promoted to the position of executive editor, with responsibility for all the editorial products and content of IT Mídia. Prescott has worked as a journalist since 1998 and has three journalism prizes. In 2009, she won, along with InformationWeek Brasil team, the press prize 11th Prêmio Imprensa Embratel. In 2008, she won the 7th Unisys Journalism Prize and in 2006 was the editor-in-chief when InformationWeek Brasil won the 20th media award Prêmio Veículos de Comunicação. She graduated in Journalism by the Pontifícia Universidade Católica de Campinas, has done specialization in journalism at the Universidad de Navarra (Spain, 2003) and Master in Journalism at IICS – Universidad de Navarra (Brazil, 2010) and MBA – Executive Education at the Getulio Vargas Foundation.