Trends of increasing information overload, fast changing priorities and a global, de-centralized workforce are creating new challenges for enterprises.
Increasing Performance
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Email has now become the # 1 performance killer. Productivity losses are expected to grow, as email volume increases 15% to 20% per year.
- Employees spend over 50% of their time working on email
- 1/3 of that time is spent reading unimportant email
- 20% of important email received is missed or seriously delayed
- 36% of unimportant email is read
- Companies do not set clear email performance goals
- Measurement of email performance levels is lacking
Accelerating Innovation
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On average, about 80% of a company’s critical information flows via electronic communication. However, due to the growing challenge of managing information overload, valuable knowledge, ideas, opportunities and relationships are buried and lost.
- The flow of information in email is unstructured and difficult to extract, analyze and present
- Current technologies are not efficient for sharing knowledge with large groups, social networks or communities
- Disconnect between email and web 2.0 technologies has spurred use of wikis, blogs and Twitter™, causing workflow inefficiency and increased risks to security and privacy
- Current social network analysis technologies do not learn user behavior automatically. They depend on constant user input, tagging, static information or email volume/sender-based mathematical models
- Country-based user privacy laws and HR policies restrict how a company’s email data can be extracted, analyzed and viewed
- Current technologies cannot meet critical requirements of highly regulated and global enterprises
Enhancing the Customer Experience
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Often the business functions most critical to success — including operations, supply-chain management, customer service and compliance — are heavily dependent upon electronic communication. Efforts to monitor and measure email driven customer service are often hindered because quality measurement is limited or nonexistent.
- Customer service communicates heavily by email with customers, account managers and back-end operations. Current technologies do not automatically measure quality or provide SLAs of email communication
- Critical information on customer service performance is buried in email and lost. Current CRM tools depend on users’ constant input of information and provide inconsistent data and limited reporting
- New regulations require analysis and near real-time reporting of customer and financial related email communication — not just raw email data files
Sources: Radicati Group, IDC, Messagemind™ customer data.