Avoid Customer Churn and Increase Revenues with Cloud-native Contact Centers

SANTA CLARA, Calif., Oct. 18, 2017 /PRNewswire/ -- In today's global and highly competitive business environment, your customers are just one click away from becoming someone else's prospects. If a consumer doesn't like the service he/she receives from an organization, the cost of switching to another provider is effectively zero. However, for a company, the cost of constant customer churn can have a significant, negative impact on the bottom line.

A new Frost & Sullivan whitepaper, Cloud Contact Centers Improve Operations and the Bottom Line, outlines the benefits associated with moving the contact center to a cloud-native architecture, including savings, better management, flexibility, scalability, access to new features and a clear competitive advantage. In addition, the paper looks at the differences between "hosted" and "cloud," and offers recommendations on what to look for in a provider.

To download the complimentary whitepaper, please visit: http://frost.ly/1u2 

The contact center has traditionally been seen as a cost center, but that perception is changing as more executives realize that delivering great service can directly translate into new revenues. Frost & Sullivan research consistently shows that the vast majority of organizations have moved some or all of their IT applications and infrastructure to the cloud. However, it's important to understand the difference between a hosted solution and a cloud-native solution.

"Cloud-native contact centers offer features through an "as-a-service" model. The solution is delivered over the internet from a multi-tenanted infrastructure owned by a service provider," notes Frost & Sullivan Connected Work Vice President Melanie Turek. "This model differs from a hosted contact center mainly in that multi-tenancy, which enables significantly greater scalability and the ability to increase capacity to suit demand. In addition, cloud-native contact centers can always support remote agents, who can routinely access the applications from any internet-enabled device."

Unfortunately, enabling a next-generation contact center using legacy, on-premises technology is an almost impossible task for many organizations. For one thing, the tech is simply too expensive to maintain, upgrade and integrate with newer channels. Furthermore, it doesn't include or pre-integrate the advanced capabilities – including analytics, automation and integrated workforce optimization (WFO) - that can deliver a personalized customer experience and a stronger return on investment. This is especially true for companies with limited in-house resources. However, even large, well-staffed organizations are better served by the ability to focus their efforts on innovating around their core business, rather than on maintaining day-to-day operations and integrating legacy technology.

In a hosted contacted center model, customers must usually reach out to their service provider for additional capacity or functionality, which ultimately results in additional costs. Fortunately, with cloud-native solutions, customers can scale up or down without the involvement of the provider, and pricing is automatically adjusted based on which resources are being used in real time.

"For many organizations, a cloud-native contact center offers an easy, cost-effective way to deploy advanced, omnichannel functionality, while also reaping the benefits of simple maintenance, reliable up-time and security, disaster recovery and business continuity, scalability and flexibility," says Turek. "The best cloud-native solutions providers are better at product development, offering new capabilities in emerging channels such as mobile and social, faster and more easily."

About Frost & Sullivan

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SOURCE Frost & Sullivan

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