This survey from Wipro and UBM Tech found that enterprises expect hyperconnectivity, which involves multi-device and multi-client access to resources, to improve customer service and relationships. Nearly half of respondents also expect it to increase mobile workforce productivity. The top ways respondents expected hyperconnectivity to help achieve business goals were improving customer service, building stronger customer relationships, and increasing mobile workforce productivity.
This survey from Wipro and UBM Tech found that enterprises expect hyperconnectivity, which involves multi-device and multi-client access to resources, to improve customer service and relationships. Nearly half of respondents also expect it to increase mobile workforce productivity. The top ways respondents expected hyperconnectivity to help achieve business goals were improving customer service, building stronger customer relationships, and increasing mobile workforce productivity.
mutli-client and multi-device access to enterprise resources, can help improve customer service and relationships. S URVE Y RE P ORT THE STATE OF Hyperconnectivity Enterprises expect hyperconnectivity to improve cus- tomer service and customer relationships, according to a new research from UBM Tech and Wipro, based on 238 high-level marketing and IT managers respondents (see the sidebar, The Hyperconnected User, for a more detailed breakdown of the respondents). Nearly half also expect a bump in mobile productivity. These fndings indicate that companies are focusing on deeper engagement with existing customers before attracting new customers and that most place higher pri- ority on improving effciency and margins than on fnd- ing ways to cut costs with hyperconnectivity. This makes sense as its cheaper to keep existing customersand sell new or add-on services to themthen it is to pros- pect for and attract new customers. The research set out to provide insight into how en- terprises plan to use hyperconnectivity as it relates to mobile connectivity, user productivity, social network integration, workfow improvement, potential security is- sues, as well as cost savings and revenue opportunities moving forward. Overall, the indication is that hypercon- nectivity leads to new opportunities, improved customer relationships and increased effciency in many areas. Improving Customer Relations and Support Hyperconnectivity, which describes multi-client and multi-device access to enterprise resources, involves mobility, personalization, localization, and the manage- ment of the customer experience. The data, applied analytics, and trends that are discovered as a result are harnessed by corporations to manage and improve the customer experience. As a result, executives can adjust corporate strategy and even their entire organization structure to better serve customers. Hyperconnectivity has the potential to transform companies into next-gen- eration enterprises. Nearly three-quarters (72%) of all respondents to the UBM Tech research survey indicated that they agree or completely agree that hyperconnectivity will signifcantly increase the customer engagement index. Only 3% of all respondents disagreed (rating of 1 or 2) while the re- maining 25% were neutral or unsure (rating of 3). Looking at the responses broken out by job role, a full 85% of marketing professionals agree or completely Digitally connected (hyper connectivity) customers are clearly infuencing the market dynamics. These customers want to have seamless user experience on the devices of their choice (phone, tablet, laptop). They would always like to be in direct control of their trans- actions and demand rich, contextual, real time, personalized data. Improving underlying mobility infrastructure and providing secure, cloud based services would be key to the growth. - Kedar Limaye Director - Mobile Strategy, Wipro Mobility Solutions, Wipro Limited Director & Consulting Partner, Wipro Mobility Solutions, Wipro Limited Subu Musti Kedar Limaye WI NSI GHTS Volume XVI agree (rating of 4 or 5) and 68% of IT agree that hyper- connectivity will signifcantly increase the customer en- gagement index at their company. In fact, respondents expect that hyperconnectivity will help them meet their business goals primarily by strengthening customer bonds (see Figure 1). According to the survey responses, the top three ways that hyper- connectivity will help achieve business goals are: 1.Improving customer service (55% of marketers; 70% of IT) 2.Building stronger customer relationships (55% for marketers; 44% for IT) 3.Increasing mobile workforce productivity (51% for marketers; 45% for IT). These results show that companies believe hypercon- nectivity can improve business: companies are market- ing to their existing customers to improve their relation- ships, learn to support them better, and provide them better value with the goal to increase sales. As exam- ples, the integration of social media represents an addi- tional channel for marketing, and the additional custom- er touch points lead to a better understanding of users needs outside of the product(s) theyre currently using. This leads to increased satisfaction and new sales to existing customers, achieved through new product fea- tures or even new product families, as customers needs are better discovered. Improving Workfow One philosophy for software design is to focus mainly on users needs and the data required, rather than on build- ing an application for the desktop or a mobile device. This approach can enable a user to collaborate on a document with another teammate regardless of whether theyre at their desk, working from home, commuting, or on business travel. The device type and user location become less important, and the experience needs to be consistent across all locations. Companies are using hyperconnectivity to better en- able user workfow, regardless of application and user location. Survey questions that ask about customer ser- vice, creative marketing, and in the integration of social media into more traditional applications support this, as well see in the next section. Integrating Social Media and User Data Many companies are betting their future success on tight social network integration and data mining. For example, software vendors are increasingly integrating social me- dia authentication (such as Facebook user ID and pass- word) into their own applications. This integration offers a level of convenience for users and opens the door for deeper analytics, leading to a better understanding of their customers needs and interests. The sharing of so- cial media information works in three important ways: Fig 1 : How do you envision hyperconnec- tivity will improve your business? 46% Build stronger customer relationships 42% Increase mobile workforce productivity 66% Improve customer service Open up newer communication channels 31% Increase revenue 27% Attract new customers Drive new sales Reduce customer acquisition costs Increase margins Revenue through partnerships 22% 22% 9% 6% 6% Note: Maximum of three responses allowed Data: UBM Tech survey of 238 insurance business technology and market- ing professionals, May 2013 frst, it helps the software vendor gain a deeper under- standing of their customers as well as their experiences with the related application. Second, it provides an ad- ditional channel of communication between vendors and users. Finally, it leads to new personalization and inter- action based on social media patterns. Thirty-four percent of all respondents offer social media integration as a personalization feature for to their enter- prise application users (see Figure 2). This integration is An example of hyperconnectivity is col- laboration. For example, can you seam- lessly and quickly jump into a video call with your mobile phone and share visual information instead of a creating separate engagement? Subu Musti at the heart of hyperconnectivity, as it plays a huge role in connecting the various forms of technology people use throughout the day. Other methods of personaliza- tion cited by respondents include more alerts and notif- cations and improved internationalization features, such as multi-language support. Social media allows users to collaborate and commu- nicate more easily (with each other as well as with ap- plication vendors), and it opens opportunities for deeper understanding about these customers. Although social media data may be outside the business context, under- standing customers on a personal level helps companies better meet their needs on a business level. Customer Service and Market Strategy The majority of marketing professionals (62%) report that increased customer engagement is the top way that hyper-personalization is affecting their market strategy. This engagement is done through both traditional chan- nels as well as new channels created by the move to hyperconnectivity. For IT, customer engagement was cited by just under half (48%) of those who responded. For both groups, the second area of impact is increased brand awareness (51% and 30% for marketing and IT respectively). When asked to rank all of the ways in which mobile applications have affected customer service, most re- spondents overall chose higher effciency as the number one answer (57%), with mobile device email integration at a close second at 56% (see Figure 3). When broken out separately, both the marketing and IT groups chose mobile device email integration frst (68% for marketers; 54% for IT), higher effciency and throughput second (64% for marketers; 53% for IT) and Fig 2. Which of the following personaliza- tion features are supported by your appli- cations? 48% Date / Time format 39% Multi - language support 50% Alerts and notifcations Social network integration 34% Currency format 27% Location based services Purchase history tracking Suggestion of content No personalization supported User interface customization Analysis of user searches Learning of user searches Targeted ads ( from ad engine ) Standard benefciary list 25% 24% 21% 21% 20% 17% 15% 14% 7% Note: Multiple responses allowed Data: UBM Tech survey of 238 insurance business technology and market- ing professionals, May 2013 WI NSI GHTS Volume XVI emergence of a self-service model third (36% and 44%). Almost 50% of both groups indicated that between 10% and 29% of their customers would adopt self-ser- vice applications in the frst year (see Figure 4). Just over one-third of those surveyed expect that less than 10% of their customer base might adopt self-services apps in the frst year. Through self-service, hyperconnectivity en- ables users to help one another, gain assistance through new automated procedures (either online or via mobile integration), or connect to vendors over social media, in addition to traditional methods such as phone-base customer support. Better Enabling Hyperconnectivity Despite the potential for hyperconnectivity to improve business, respondents point out many areas for im- provement, including bandwidth, security, device capa- bility, and so on. For instance, only recently have devices contained enough processing power, memory, storage, and screen resolution to accomplish tasks otherwise done on a desktop or laptop. Although device capabilities continue to improve, in many cases users cite additional needs to support a tru- ly hyperconnected experience. The technologies that IT and marketing managers felt would best enable growth and adoption of hyperconnectivity in the next three years are: 1. Improved mobile bandwidth (72% for both marketing and IT) 2. Increased use of cloud-based services (60% for mar- keting and 47% for IT) 3. Improved security (53% for both groups) IT security is too often poorly planned, and planned too late in the process to ensure an effective strategy. The fact that security appears in the top three enabling tech- nologies shows that this is a key concern in the area of hyperconnectivity as well. A focus on security can be a differentiator and help drive adoption in the long run as users otherwise lose confdence in vendors that over- look this crucial feature. Evolution or Revolution? Savvy companies try to look beyond the hype to deter- mine whether new technology represents a new para- digm or just a progression of something that already exists. With hyperconnectivity, for example, do the mo- bility-driven changes in user expectation represent a sea change in how we build new solutions, or just a shift in a few key areas? The ability to use social media to ex- pand the viewing experience in real-time while watching a television show is a good example of a revolutionary Methodology In May 2013 UBM Tech conducted an online survey on behalf of Wipro. A total of 238 business technology and marketing respondents were collected from specifc industries such as technology manufac- turing, healthcare/medical, and banking/ fnancial services. The greatest possible margin of error for the total respondent base (N=238) is +/- 6 percentage points. UBM Tech was respon- sible for all programming and data analy- sis. These procedures were carried out in strict accordance with standard market research practices. These key fndings showcase a compari- son of respondents with marketing titles and IT titles. The 47 marketing profession- als base yields a possible margin of error of +/- 14 percentage points, and for the IT segment of 119 respondents, it is +/- 9 percentage points. Fig 3. In which of the following ways have mobile applications impacted customer service? 64% Higher effciency and throughput 36% Emergence of self service model 68% Mobile device email integration Interactive chat services 34% Integrated help system 32% Application initiated phone call 30% 53% Higher effciency and throughput 44% Emergence of self service model 54% Mobile device email integration Interactive chat services 31% Application initiated phone call 18% Integrated help system 15% Note: Multiple responses allowed Data: UBM Tech survey of 238 insurance business technology and market- ing professionals, May 2013 hyperconnectivity experience. Simply creating a feature- for-feature equivalent of a desktop application for a mo- bile device may only be considered evolutionary. When asked how they envision their applications user experience changing in the future, 70% of marketing and 60% of IT managers cited multi-device compatibility, fol- lowed by seamless connectivity (59% for marketing and 44% for IT). Interestingly, the third most common answer differed between the two groups: The marketing group selected common user interface components and a more personalized experience (tied at 44%), and the IT group chose device convergence (40%) for their third choice (see Figure 5). One area where many have predicted a sea change related to hyperconnectivity is in the area of mobile pay- ments. In the UBM Tech and Wipro survey 15% of mar- keting and 20% of IT respondents say their applications already support mobile payments/billing, whereas 38% of marketing and 45% of IT plan to roll out mobile pay- ments/billing in the near future. Nearly half (47%) of mar- keters and just over one-third (35%) of IT respondents indicate that they dont currently plan to support mobile payments. This relatively low rating for mobile payment support is somewhat surprising, especially as the market for mobile users and applications continues to grow. Con- fusion over what a mobile payment is (for example, Pay- Pal or near-feld communication) might be suppressing the numbers in the responses. Alternatively, its possible that mobile apps and their users just havent matured enough to require mobile payments. Possible mobile payment methods include PayPal, direct mobile billing through the carrier, Google Wallet, Amazon Payments, QR codes, contactless NFC, or credit card vendors (i.e. Visa payWave, MasterCard PayPass, or American Ex- press Mobile). In the banking space, executives are very paranoid when using mobile devices. We see they usually carry two devices. For instance, a BlackBerry for work, and an iOS or Android device for personal use. Compli- ance and regulations are forcing companies to be strict regarding this. -Subu Musti Base: 47 marketing respondents Base: 118 IT respondents WI NSI GHTS Volume XVI
Fig 4 : What percentage of your customer base might adopt or will adopt self-service apps in the frst year? 30 to 49% 13% 30 to 49% 10% 50% or more 4% 50% or more 5% Under 10% 35% Under 10% 27% None 0 None 9% 10 to 29% 48% 10 to 29% 49% Base: 47 marketing respondents Data: UBM Tech survey of 238 insurance business technology and marketing professionals, May 2013 Hyperconnectivity in Industrial Automation In the face of rising costs, increased liability and expensive downtime, the construction industry increasingly uses technology to boost effciency and save costs. Companies such as Rasmussen Equipment rely on the effciency and reliability of their equipment to stand out from their competition. Afford- able bandwidth from wireless carriers is their number one technology enabler for hyper- connectivity, according to Rasmussens Shane Johnson. Location-based functionality is important in construction, especially in terms of helping crews travel and communicate in remote locations, and to track the whereabouts of expensive equipment. Additionally, as with most, security remains high on the list of needs in the area of hyperconnectivity. Areas of hyperconnectivity that arent as important to Rasmussen Equipment and other companies in the construction indus- try include social network integration and enabling user workfow. Base: 47 marketing respondents Base: 118 IT respondents Fig 5. How do you envision your applications user experience changing in the future? 59% Seamless connectivity 44% Common user interface components 70% Multi-device compatibility More personalized experience 44% Device convergence 39% Quicker transactions Increased device-to-device communication Common app management platform Predictive based on user patterns Enhanced security More convenient billing and payments 39% 37% 35% 26% 24% 20% Note: Multiple responses allowed Base: 47 marketing respondents Data: UBM Tech survey of 238 insurance business technology and marketing professionals, May 2013 60% Multi-device compatibility 44% Seamless connectivity Device convergence 40% Common user interface components 39% Enhanced security More personalized experience Quicker transactions Increased device-to-device communication More convenient billing and payment Common app management platform 39% 39% 23% 23% 20% 14% Conclusion: Changing Relationships According to our survey on the subject, hyperconnectiv- ity is in the early stages as mobility continues to mature. As mobile device and application usage increase, the need to personalize users experiences and integrate them into larger workfows and processes so they work seamlessly across desktop environments, tables, and smartphones as users change locations is sure to increase and accelerate. Device compatibility and improved mobile bandwidth (as well as costs) are important factors for the future of hyperconnectivity. Although mobile payments are slow in gaining traction, adoption is certain to increase over time as vendors continue to integrate with social media, where forms of mobile currency are gaining popularity, especially as security concerns are ironed out. Overall, marketing and IT managers surveyed believe that hyperconnectivity leads to new opportunities, im- proved customer relationships and increased effciency. End-user experience and value is top of mind for both sets of respondents. When the goal is to increase cus- tomer satisfaction and improve relationships with exist- ing customers through hyperconnectivity, both the com- panies and their users will win in the end. Base: 47 marketing respondents Base: 118 IT respondents WI NSI GHTS Volume XVI References: http://www.inc.com/karl-and-bill/its-cheaper- to-keep-em.html, also Industry Outlook 2013: CMOs Lead the Big Data Revolution, http://www.wipro.com/the-data- directive/docs/Wipro-analytics-CMOs-lead-the-data-revo- lution.pdf