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Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
High Quality Customer Experience Customer Information and Insight Drive Understanding and Relationship
Add presenter’s name, title, division/business unit/organization and date
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Agenda
Business Imperative
Solution Overview
Business Cases and Benefits
Summary
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Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Agenda
Business Imperative
Solution Overview
Business Cases and Benefits
Summary
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Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Customer interactions take place everywhere
Organization’s “Customer Interaction” Reality
Where is the data? Search for the value Everything goes mobile
BIG DATA CLOUD SERVICES MOBILE
Everything is talking together Nobody knows, what tomorrow will be
THE INTERNET OF THINGS SOCIAL BUSINESS
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SaaS Apps in the Cloud
Customer interactions and related data are spread across systems and touch points
Organization’s “Customer Interaction” Reality
Partners
Company Website
Mobile
Offline Customer Data
Who Is My Customer?
Social Media Streams
Social Collaboration
Big Data Analytics
Web
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Getting insight into customer’s overall situation is quite hard and time consuming
Organization’s “Customer Data” Reality
What products did my customer buy?
What is my customer interested in?
What challenges is my customer facing?
Who am I dealing with?
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75% of leading companies
are incapable of creating a unified view of the customer.”
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Organization’s “Customer Experience” Objectives
High quality customer insight is required to enable
Evolution to the next level of customer experience
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Consistent customer treatment – regardless of channel and touch point
Best in class personalized
service during a customer journey
Evolution to become a trusted advisor
Increase of share of wallet
Transformation
Know my customer
3600 view
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Agenda
Business Imperative
Solution Overview
Business Cases and Benefits
Summary
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Oracle Customer Hub Empowers CX Solutions 360° view of the customer
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High Quality Customer Data Foundation
Marketing Commerce Sales Service Social
Oracle Customer Data Hub
Best quality customer insight across organization
Web
Mobile Social Media
In Store Self Service & Support Service
Execution Direct Sales
Channel Sales
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Empowers business users with up-to-date customer insight
Oracle Customer Hub – Single Source of Truth
360o View of the Customer
Sales
Service
Callcenter
Shop
Social
Consolidate shared customer information into a trusted, global," single source of truth” master repository
Maintain a high quality customer profile using state of the art data quality and governance tools
Leverage pre-built integration with Oracle applications and provide open interfaces to other systems
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Head in the cloud, feet in the ground
Oracle Customer Hub Drives Cloud Transition
Online and Cloud-Driven Experiences
Customer Data Management
Operational Processes
CLOUD-BASED ON PREMISE
Web
Mobile Social Media
In Store Self Service & Support Service
Execution Direct Sales
Channel Sales
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The Oracle Customer Hub Difference
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360o customer insight across systems, channels and touch points
Single source of truth of high quality customer information
Master data management and governance processes covering the full lifecycle
Out of the box – fully extensible – industry party data models
Prebuilt services for customer master data management
Prebuilt data steward workbench
Proven integration solution with open interfaces
Prebuilt privacy and audit ability management
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Agenda
Business Imperative
Solution Overview
Business Cases and Benefits
Summary
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CX business cases
Oracle Customer Hub
Business Functions Business Driver
360° view of the customer Foundation of a CX strategy is consolidating and aligning customer information across channels and touch points is required to understand and treat the customers the best way possible – Core data foundation of any CX strategy or solution
Analytical and compliance fit for purpose – “Know your customer” – information
Managing compliance requires a deep understanding and 360º insight into your
customer situation
Proper customer related analysis & decisions require customer insight based on high quality aligned information in both operational and analytical solutions (prevention of fraud, churn prediction, customer value based good will)
Cloud enablement High quality cross information alignment of customer related data allows cloud and on premise applications to better exchange CX process related data – enablement of End 2 End CX business processes
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Industry Business Examples
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Financial Services Insurance Telecommunication Retail
• Know your customer better • Better marketing and sales
efficiency • Cross channel alignment • Increase of loyalty and churn
prevention • Compliance
• Know your customer better • Better marketing and sales
efficiency • Cross channel alignment
(web channel, call center and agents)
• Increase of loyalty and churn prevention (e.g., Reinvestment of life insurance capital)
• Compliance
• Know your customer better • Better marketing and sales
efficiency • Cross channel alignment • Cross market alignment
(brands, sales and after sales, etc.)
• Increase of loyalty and churn prevention
• Know your customer better • Better marketing and sales
efficiency • Cross channel alignment • Cross market alignment
(brands, online and warehouse, etc.)
• Increase of loyalty
Automotive Manufacturing Travel & Transport Public Sector
• Know your customer better • Better marketing and sales
efficiency • Cross channel alignment • Cross market alignment
(brands, sales and after sales, etc.)
• Increase of loyalty and churn prevention
• Know your customer better • Better marketing and sales
efficiency • Increase of loyalty and churn
prevention
• Know your customer better • Better marketing and sales
efficiency • Better customer service and
experience • Broadening of market offers
(e.g., From airfare to travel vendor)
• Situation based real time marketing
• Citizen Registry Services • Police – cross organization
investigations • Tax – 360º view of the tax
payer • Health Care – 360 degree view
of the patient (patient card)
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Benefits Customers Have Achieved with CDH
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GROWTH IMPROVE CX PERFORMANCE TO INCREASE REVENUE AND MARKET SHARE
EFFICIENCY
OPERATIONAL EFFICIENCY ACROSS MULTI-FUNCTIONS OF AN ENTERPRISE
IT AGILITY
INCREASE IT RESILIENCY IN A CHANGING BUSINESS LANDSCAPE
COMPLIANCE
REDUCE OPERATIONAL RISK AND IMPROVE REGULATORY COMPLIANCE
Customers on average generated 2%-5% increased revenue from sales with MDM
Efficiency of operations increase with improved processes and data governance
Efficiency of IT operations resulting in greater agility of business models
Efficiency of IT operations resulting in greater agility of business models
High ROI Profile
Highly Specialized CDH Apps
Extremely Flexible
OOTB Data Model and Task Flows
Integrated Best in Class Data Quality
Scalability and High Availability
Open and SOA Compliant
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Agenda
Business Imperative
Solution Overview
Business Cases and Benefits
Summary
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Next Level of Customer Experience
Real customer understanding
360o customer insight
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> 90% data accuracy and completeness
Faster, more accurate marketing
Increased cross- & Up-sell
ROI tracking
Using Oracle Customer Hub
Increased Quality of Customer Interactions
Enables Long- Term Sustainable Relationships
Increases Share of Wallet
Reduces Risk of Churn
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More Information
MDM – CX marketing video
MDM for CX explaining why a 360o view of the customer is key for the success of a CX strategy
MDM – CX material
Harvard Business Review Delivering
on the promise of Great Customer Experience
Oracle Whitepaper Improve your
customer Experience with High Quality Information
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Questions
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