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Selling Contact Center Technology to the Financial Services Sector - Market Focus
Datamonitor, April 2006, Pages: 11


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The lions share of contact center spending has mostly come from the financial services industry. Yet, global financial sector spend will increase at a rate of 3.5% from 04 to 09 and this spending pattern will be concentrated in North America and EMEA. This brief looks at how vendors can capitalize on this in a mature market.

Scope of this title:
-The financial services sector has long led the contact center industry, yet it is generating spending growth at a marginal rate.
-The chief reason for the small yet vital growth is an emphasis on improving productivity and profitability.
-Marrying technology offers with the financial sectors concerns about productivity and profitability can help vendors exploit this market.

Highlights of this title:
Vendors are inclined to demonstrate that the financial services sector should invest in contact centers and specific technologies because they offer good ROI and cost reduction techniques. This is not a story the banks necessarily want to hear.

With customers using any combination of the channels available to them, it is essential that financial institutions form a consistent multi-channel strategy. Offering a range of channels is a step in the right direction, yet increasingly they remain siloed and as such are not fully coordinated with the contact center.

Reasons to order your copy:
-Understand how implementing the right technologies will drive productivity and deliver profitability.
-Identify the key attributes vendors need to highlight to attract financial institutions attention.



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