Text Analytics: Your Customers are Talking About You

When your company's customers talk, do you listen closely and quickly enough? More CIOs are deploying text analytics technology to examine customer comments on websites, surveys and the like.

By John Edwards

Wed, April 16, 2008CIO If you're in the hotel business, customer satisfaction isn't just a key metric, it's one that can make or break the company. (See "Your Customer Service Stinks," for recent research on eroding customer loyalty.) But until recently, addressing sources of customer dissatisfaction was taking too long for Gaylord Hotels. Nashville, Tenn.-based Gaylord, which operates 4 resort hotels in the Nashville; Dallas; Orlando, Fla.; and Washington areas, needed a quick, clear view of how customers and meeting planners viewed its properties and services, as well as alerts to budding problems.

"Our survey vendor would do manual categorization, essentially reading [customer] comments and getting back to us," says Tony Bodoh, Gaylord's operations analysis manager. In search of faster results, Gaylord turned to text analytics technology from Clarabridge, beginning with a pilot test in 2007 followed by a phased deployment in 2008.

Text analytics, often referred to as "voice of the customer technology," is designed to squeeze sentiment out of customer communications rather than simply retrieve isolated nuggets of information, as traditional text mining does.

"One of the key benefits the Clarabridge tool provides is essentially overnight categorization and clustering of all the comments," Bodoh says, "which was taking us several weeks to a month with the previous vendor."

Bodoh says the technology is already beginning to help the company pinpoint specific sources of guest dissatisfaction. "One property may use a different vendor for purchasing a particular product," Bodoh says. Viewing guest comments on topics such as bathroom cleanliness or restaurant service helps Gaylord managers spot weak performers, he says. "We are also using the software to understand best practices across our hotels, and how to bring those best practices from one hotel to another hotel, or from one department to another department," he adds.

Clarabridge, along with Attensity, Business Objects, SAS and several other vendors, offers software designed to help enterprises understand and learn from what customers are saying about products and services. Along with surveys, e-mail and phone calls, the technology can monitor blogs, text messages, online chats, phone calls (through speech-to-text conversion) and social network profiles.

While text analytics today is far from an out-of-the-box solution, CIOs say, the technology may give you insight into customer thinking that's hard to put a price on.

In Search of Trouble

If your company allows customers to talk about products and services on the company website, for example, text analytics tools can help you analyze what those comments and chats say, to improve business decisions and strategy.


Loading...
Applications MarketSpace
Service Level Reporting and Communication
Service level reporting is the most visible output and often the most time-consuming activity in SLM. Learn more »
Lower IT Costs with Oracle Database 11g Release 2
Learn how upgrading to Oracle Database 11g Release 2 can transform your business, budgets, and service levels Learn more »
Managing Your SAP System
Learn how to more effectively manage your SAP system. Learn more »
 
SPONSORED LINKS
 

White Paper: 4 Customer Service Myths

White Paper: Improve Agility with Operational Responsiveness

Removing the Barriers to IT Governance: How On-Demand Software Changes the Game

Cloud Computing--Latest Buzzword or a Glimpse of the Future?

A Balanced Approach to an Application Development Platform

Adobe® LiveCycle®solutions for intuitive user experience

10 Ways Excel Drives More Value from Your SAP Investment

What's New in SOA Suite 11g?

Unleash the Power of Java with Oracle JRockit Real Time

SOA Best Practices and Design Patterns

Application Grid: Ideal Platform for IT Consolidation

Ready to virtualize tier one applications? Check your virtualization maturity.

Learn how to provide complete Business Service Management.

Increase ROI of Your Application Portfolio

See how AT&T can help protect your network.

Top Five CIO Challenges

Streamline IT Costs. Boost Performance with WAN Optimization.

Want to know how you can maximize employee productivity?

Build your 1st app FREE with Force.com

TDWI checklist helps define data readiness for analytics. Download report.

A new fleet of PCs with a total ROI in 10 months. Find your ROI.

eZine: A Roadmap to Reducing IT Complexity

Reduce risk, gain agility. See how Progress can help your business.

Virtualization Technology as a Business Solution

eZine: A Roadmap to Reducing IT Complexity

White Paper: Managed Security for a Not-So-Secure World

SharePoint - Unchecked growth of content is unsustainable.

Focus Under Pressure: Why IT Governance Becomes Mission-Critical in a Down Economy

Should Your Email Live In The Cloud? A Comparative Cost Analysis

Adobe® LiveCycle® solutions for business process automation

Architecting Business Intelligence Applications for Change: The Open Solution

Increase UPS efficiency without sacrificing protection.

Unlocking the Mainframe: Modernizing Legacy System to SOA

State of the Data Integration Market

Enhance Customer Loyalty through Higher Responsiveness

Achieving Business Agility with Application Grid

Seven Ways ITIL Can Help You in an Economic Downturn

Four steps to populate your CMDB.

"Enterprise-Proven" is the Prerequisite for Enterprise SaaS Portal Solutions

Join us at the US-Brazil IT-BPO Summit, on November 10th in New York.

Unified Communications: Thoughts, Strategies and Predictions. Join the discussion

Read the RSA report: Security for Business Innovation

Webcast: Looking to the Cloud for Email and Collaboration Services

64-page prescriptive guide to security, compliance, and IT operations.

Keep your IT expertise up to date. Join the Intel Premier IT Professionals.

A Clear View Toward Virtualization

Virtualization Technology as a Business Solution

The rules of infrastructure management just changed.

A Clear View Toward Virtualization

Interactive Q&A helps you discover key ways to maximize IT assets.

 
 
RESOURCE CENTER