According to a recent survey by Comptel among 50 communications service provider (CSP) marketing and IT decision-makers across EMEA, Latin America and Asia Pacific on their 2014 business and technology priorities, 66 percent of them believe that bridging departmental information gaps is a top-to-moderate priority. Only 12% of CIOs/CTOs ticked very or extremely likely to involve their company’s marketing department in technology strategy, while 32 percent of CMOs said that their companies are very or extremely likely to involve the technology department in marketing campaigns.
The survey also highlights the need to have a fully integrated OSS/BSS as only 16% cite having them, although 82% of CMOs and CIOs/CTOs say ideally they would either consolidate every department’s data sets or at least collaboration business decision-making.
Key Highlights from the Survey
There’s a noticeable difference when it comes to executives’ top priorities in 2014. For CMOs, understanding gaps in the service delivery process (72 percent) and understanding customer experience on a granular level (64 percent) are the most important priorities, whereas CIOs/CTOs care more about improving network performance (68 percent) and delivering new products (60 percent).
Two-thirds (66%) of those surveyed said that their companies are working towards event-driven process automation in 2014. CMOs and CIOs/CTOs see customer experience management (62 percent) and quality of service (60 percent) management as the two areas that could benefit most from increased automation and the resulting operational efficiencies.
It’s clear that telco executives see the power Big Data analytics holds for their businesses. More than six in ten (64%) agreed that their departments are leveraging it for customer service. In the survey, the majority of respondents noted that customer demographic (68%), network information (66%) and social interactions (64%) are required for effective decision-making.