DMG Consulting Releases 2009-2010 Speech Analytics Market Report

0
46

Share on LinkedIn

WEST ORANGE, NJ – November 18, 2009 -DMG Consulting LLC, a leading provider
of contact center and real-time analytics market research and consulting
services, today published the 2009-2010 Speech Analytics Market Report.

The 2009-2010 Speech Analytics Market Report takes a critical and in-depth
look at this dynamic and fast-growing sector. The Report focuses on the
market, vendors, technology, products, capabilities, trends, competitive
landscape, benefits and ROI, market share and pricing. This year’s Report
features nine customer case studies with quantified benefits, a detailed
pricing analysis for licensed, hosted and managed services offerings and
DMG’s customer satisfaction study. It also addresses the political issue of
which department should “own” speech analytics and whether or not these
solutions are taking the place of quality assurance systems. This Report
delivers best practices and helps companies’ initiatives succeed with
suggestions for avoiding common implementation pitfalls.

Speech analytics has been one of the fastest growing contact center
technology sectors since its introduction in 2004. DMG’s research shows that
the market grew from 25 commercial speech analytics implementations in 2004
to 1,764 at the end of 2008, yielding a five-year compounded annual growth
rate of 190 percent. Speech analytics continues to grow at a rapid rate,
despite the global recession, due to its ability to help enterprises provide
an outstanding customer experience, cut costs, retain customers and minimize
risk. DMG Consulting predicts that this market will continue to grow
year-over-year-45 percent in 2009, 40 percent in 2010, 42 percent in 2011,
32 percent in 2012, and 25 percent in 2013.

“Speech/interaction analytics continues to come on strong, despite the
worldwide economic recession,” said Donna Fluss, president of DMG
Consulting. “Speech/interaction analytics’ ability to convert unstructured
customer conversations and communications into actionable structured
insights make these applications extremely beneficial for organizations of
all sizes. DMG predicts that at least 25 to 30 percent of all contact center
seats will have speech analytics within the next five to seven years.”

The 2009-2010 Speech Analytics Market Report provides in-depth coverage of
the seven leading speech analytics vendors-Autonomy etalk, CallMiner,
Nexidia, NICE, OnviSource, UTOPY and Verint. The also Report analyzes the
four emerging solutions from Aurix, BBN, CallCopy and Envision, and provides
a high-level assessment of the speech analytics capabilities from Aspect,
Calabrio, Cisco, eLoyalty, Interactive Intelligence, KnoahSoft, Noble,
Nuance, VPI and SER.

To learn more about the 2009-2010 Speech Analytics Market Report or to order
a copy, go to www.dmgconsult.com, or contact Deborah Navarra at 516.628.1098
or [email protected].

About DMG Consulting LLC

DMG Consulting LLC is an independent research, advisory and consulting firm
that provides strategic and tactical advice to contact center managers,
vendors and the financial community about the contact center and analytics
markets. Our mission is to help clients build world-class contact centers by
leveraging technology, processes and people. We provide insight and guidance
to assist management in optimizing the performance of their contact centers
by increasing operational efficiency, providing an outstanding customer
experience, enhancing loyalty and increasing sales and profits.

DMG Consulting analyzes all aspects of the contact center market and
publishes research on Quality Management/Liability Recording (WFO), Speech
Analytics, Performance Management, Surveying/Feedback, Workforce Management,
Contact Center Outsourcing, Hosted Contact Center Infrastructure and
Interactive Voice Response Systems. DMG’s consulting experience spans more
than 2,000 end-user organizations and vendors. Our hands-on operational,
technology and financial expertise gives us deep insight into what customers
need and want from enterprises and vendors. For more information, visit
www.dmgconsult.com.

News Editor
CustomerThink offers a free news posting service for press releases relevant to our community. To submit your press release to our news editor, send an email to [email protected] with the press release headline and main content in the email subject line and body, respectively. That's it! Approved press releases will appear in our news category within one business day of submission.

ADD YOUR COMMENT

Please use comments to add value to the discussion. Maximum one link to an educational blog post or article. We will NOT PUBLISH brief comments like "good post," comments that mainly promote links, or comments with links to companies, products, or services.

Please enter your comment!
Please enter your name here