Future of the Call Centres Industry

Call centres are now positioning themselves foroptimizing a call centre agent's performance.
the upturn in the economy. A survey conductedRecording calls, coaching, and workforce
by a research and advisory consulting firm, notedmanagement will become the prime focus to help
that 81% of respondents expect contact centreimprove the overall quality and profitability of a
staffing levels to remain steady or increasetelephone answering service.
slightly in the coming year. Overall the sentimentCall centres are also looking to the future for the
coming from call centres is that there will be noreturn of economic prosperity. Discretionary
foreseeable decrease in call volume in the nearspending on strategic goals designed to ensure
future.that they will be poised to benefit from the
In light of the economic downturn, the financialupturn has increased. Most discretionary spending
services industry is expecting to see a sharphas been allotted for technology enhancements.
increase in the volume of calls from concernedBy investing in technology, the centres are
clients looking to position their portfolios in theanticipating that the new technologies will deliver
wake of rising financial markets. Coupled withbenefits in the form of lower operating costs and
concerns over rising debt levels, financial servicesimproved customer satisfaction.
are also expecting to see a sharp increase inIn terms of technology, call centres will also be
phone calls to contact centres from homeownersincreasing the use of speech analytics software to
looking to refinance their mortgages.help them determine more about the customer
Call centres are seeing a shift in their industry ason the phone line. Speech analytics software can
it weathers the financial storm over the pastbe used as a form of data mining. By recording
year. The rise in the use of home based contactconversations between agents and customers,
centre agents has been particularly noticeable.the software can spot specific keywords and
Growth in the home based agent population hasphrases and is able to determine calls from
outpaced that of site based agents. With theunsatisfied callers. This software can provide vital
advent of VoIP technology, agents are no longerinformation that can be analyzed to determine the
obliged to work in the same facility. Agents canstrategies and processes that can be used to help
now work out of the comfort of their own homeimprovement interaction between the agent and
office. The available technology allows for instantthe caller. The growth of instant and text
contact. This is indicative of the push from callmessaging will also have a profound impact on the
centres to keep an eye on expenses and remaincentres. The future for call centres is forecast to
competitive in tight business conditions.be bright. They are making use of the latest
In the short term, a telephone answering servicetechnologies to find ways to keep costs low while
will focus on the use of telecommunication VoIPimproving their level of service.
technology and management methods for