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March 2004


CEO Spotlight CEO Spotlight

 

This month, CEO Spotlight speaks with Jim Foy, president and CEO of Concerto Software.


CIS:
What is your company's specialty and mission statement?

JF:
Concerto Software's business is the contact center. We have been 100 percent focused on that market for more than two decades, and the company is dedicated to helping our customers improve the way they interact with their customers ' whether by phone, e-mail, the Web or fax. Historically, our expertise has been in outbound dialing, and we maintain a leadership position in this part of the market. Following the creation of Concerto Software (Davox merged with CELLIT in January 2002), we combined our industry-leading outbound dialing capabilities with CELLIT's unified platform and created EnsemblePro, a complete solution that offers inbound and outbound call handling, call-blending, e-mail management, Web chat, IVR, monitoring, recording and reporting. Since its introduction, EnsemblePro has picked up an enormous amount of momentum and is proving to be a success in the market because it offers contact centers the ability to meet their current business needs while also offering an evolutionary approach to adding new functionality.
In terms of a mission statement, ours is bold and perhaps a little audacious. We aim to become the outright global leader in the contact center market while sustaining profitable growth. We'll accomplish this by executing a strategic plan, delivering leading-edge solutions that truly solve customers' business problems and by consistently being a trusted, reliable technology partner with which companies want to do business.

CIS:
What makes your services unique and how can users benefit by using them?

JF:
Flexibility is the hallmark of EnsemblePro. The solution offers greenfield contact centers the broad multimedia functionality required to meet today's rigorous customer interaction needs. This includes an advanced ACD, predictive dialing, IVR, e-mail, Web chat and collaboration, universal queuing, recording and reporting. New centers can choose from among these capabilities to rapidly build the center they need today, but still have the option to easily tack on additional functionality as business needs dictate.
On the other hand, EnsemblePro also integrates easily with existing contact center systems to help companies fully maximize those prior investments, while extending their contact center capabilities. In this case, EnsemblePro adds value through the 'unifying' impact it has on the entire center by enabling users to operate their centers ' including existing systems tied to EnsemblePro ' from a single point. For example, companies can connect EnsemblePro to their existing ACD to add IVR, predictive dialing and reporting functionality, and have a supervisor manage all these functionalities from a central location in EnsemblePro. This greatly reduces the complexities traditionally associated with implementing, owning and operating multimedia contact centers.
Corporate stability also sets Concerto Software apart from others in the industry. More than two decades of experience, a 100 percent focus on the contact center market, cash in the bank, little debt and numerous quarters of continuous growth and profitability make Concerto Software a solid technology partner. Merging with Melita and becoming a private company further strengthens this position, and provides us with greater access to resources and more flexibility to accomplish our business goals.

CIS:
What is your vision of the future of the CRM/contact center/teleservices industry?

JF:
It certainly is an exciting time to be involved in the contact center industry ' there are a number of trends in the marketplace that will forever change the landscape. For one, I see widespread adoption of bundled contact center suites that wrap multichannel functionality into one package and universal queues that manage and prioritize contacts across multiple media. As broadband technology becomes more pervasive, consumers will increasingly demand to contact companies via the phone, e-mail or the Web. As a result, customers will dictate how they interact with businesses, more so than they already do. In this environment, companies must be prepared to handle all communication channels and provide a consistent customer experience across these media. This will require unified solutions that can easily integrate with CRM and other database systems, ensuring personalized, consistent customer service.
Secondly, you have to consider the impact that voice over IP and SIP will have on the industry. While VoIP and SIP are several years away from being the driving market force, the next several years will see an increased adoption of these technologies because they give end users a broader set of options when it comes to routing rules, remote contact centers and disaster recovery. However, it's important for companies not to get entirely swept up in the hype. VoIP can be an ideal solution for some companies and may not meet the needs of others. In order to make a sound technology investment, companies should thoroughly assess their strategies and goals and evaluate potential solutions in that context.
Finally, the contact center technology market can expect additional waves of consolidation in the future, with vendors joining forces to better meet market demands. This trend will provide greater value to end users, because they'll be able to work with a single vendor that can understand their business requirements and meet their varied needs. In this landscape, companies will need to look at vendors as business problem-solvers, rather than purveyors of discrete functionality. Customers and vendors will have to forge true partnerships in order to advance business and grow in the long-term.

CIS:
What, in your opinion, is the most pressing issue facing our industry today?

JF:
I think there are several. One of the issues that has been a high priority for several of our customers of late is permission-based marketing. Consumers have mandated a change in the way businesses contact them, and the government has responded with several regulations, from a revised Telemarketing Sales Rule (TSR) to the CAN-SPAM Act. These laws have permanently changed how businesses can leverage contact centers and contact center technology to sell and market to consumers. While these regulations certainly pose challenges, they also offer our industry several opportunities. In general, contact centers should see improved workforce productivity as a result of the revised TSR and CAN-SPAM. In addition, the do-not-call list will create a more qualified pool of consumers for businesses to target with their sales and marketing efforts, and should lead to more successful campaigns.

CIS:
What are your recommendations with regards to compliance with this legislation?

JF:
There really is only one solution here: companies must create a culture that insists upon and rewards compliance. However, compliance is not just a matter of staying on top of the do-not-call list and pushing a button on the predictive dialer ' there are a number of factors to consider as companies look to adhere to the revised TSR and CAN-SPAM. For example, businesses must realign their sales and marketing efforts to ensure they have a corporate environment that promotes compliance. They must also give agents guidelines on proper behavior when contacting consumers in view of the new regulations and the current consumer climate. Finally, after considering their business needs, some companies may need to make investments in new contact center technologies in order to best meet the government's stipulations.

CIS:
What is your vision for future trends in the contact center/CRM/teleservices outsourcing market regarding profitability and international competition?

JF:
While the issues I've mentioned pose an immediate challenge to companies contacting U.S. customers, there are other issues affecting the industry on a more global scale. Outsourcing and offshoring are certainly hot buttons for the contact center, as well as for business and politics in general. Being competitive in a global economy has driven the globalization of contact centers ' both in-house and through third parties. In short, companies need to be able to provide high-quality, follow-the-sun service as well as better products at lower prices. As the economy continues to improve, companies will look to make strategic, cost-effective decisions to achieve these goals and this will continue to fuel the outsourcing/offshoring trend. This globalization trend will only intensify in the coming years because new markets will emerge. For example, China could be the sleeping giant of the outsourcing market, and could challenge India's recent dominance in the Asia-Pacific region. Similarly, nearshore operations in Canada could also command a greater share of the market because of cultural similarities with the U.S. Ultimately, we believe this competition benefits global business and consumers. Companies will be forced to find ways to be more competitive and that translates to a win for consumers in the end.

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