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Awareness Campaigns in North America Help Overcome Consumers' Reluctance to Adopt Hosted IVR Solutions.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/reports/c53464) announces the addition of Frost & Sullivan's new report North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Hosted IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time.  Services Markets to their offering.

This Frost & Sullivan research service titled North American Hosted IVR Services Markets provides an overview of revenues and growth projections for the hosted IVR services market in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  along with a complete analysis of the key market drivers, trends, and restraints, which are impacting this market.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sector in this research:

* Hosted IVR services
Content Outline:

1. North American Hosted IVR Services Market
 - 1. Summary of Major Findings
 -- 1. Introduction
 -- 2. Scope and Methodology
 -- 3. Product Definitions
 -- 4. Benefits of Hosted Solutions
 -- 5. Market Trends
 -- 6. Market Engineering Measurements
 -- 7. Market Challenges
 -- 8. Market Drivers
 -- 9. Market Restraints
 - 2. Market Analysis
 -- 1. Revenue Forecasts
 -- 2. Pricing Analysis
 -- 3. Revenue Breakdown by Size of Deployment
 -- 4. Revenue Breakdown by Type of Provider
 -- 5. Speech Adoption Analysis
 - 3. Competitive Dynamics
 -- 1. Vendor Profiles
 - 4. Strategic Considerations
 -- 1. Strategic Growth Recommendations for Vendors

List of Figures

Chapter 1

- Hosted IVR Services Market: Impact of Top Ten Market Challenges
  (North America), 2007-2013
- Hosted IVR Services Market: Market Drivers Ranked in Order of Impact
  (North America), 2007-2013
- Hosted IVR Services Market: Market Restraints Ranked in Order of
  Impact (North America), 2007-2013
- Hosted IVR Services Market: Unit Shipment and Revenue Forecasts
  (North America), 2005-2013


Market Overview

Hosted IVR is a Bigger Market than On-Premise IVR in North America

An increasing number of end users are evaluating and deploying hosted interactive voice response (IVR) solutions to meet their customer care needs while implementing new self-service technology or upgrading the existing technology. Reductions in upfront capital expenditure and the associated lower total cost of ownership are some of the key drivers for the hosted IVR services market. Hosted IVR solutions are rapidly gaining ground because their usage-based pricing presents an attractive and cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
 alternative to premises-based solutions.

"Apart from lower costs, the motivation to improve customer experience is also likely to substantially improve the uptake uptake /up·take/ (up´tak) absorption and incorporation of a substance by living tissue.

up·take
n.
 of hosted IVR solutions," says the analyst of this research service. "A speech-enabled customer service front-end front-end
adj.
1. Of or relating to the initial phase of a project: a front-end investment.

2. Of or relating to the forward parts of a vehicle: a front-end alignment.
 significantly enhances and simplifies self-service menus, thereby generating a more positive customer experience." The rapid adoption of VoIP technology is providing additional momentum to the market by minimizing the transport costs and enabling rapid application integration. VoIP technology also helps service providers offer flexibilities that enhance IVR hosting solutions. Based on these factors and current research the Hosted IVR Services market is substantially larger than the premises premises n. 1) in real estate, land and the improvements on it, a building, store, shop, apartment, or other designated structure. The exact premises may be important in determining if an outbuilding (shed, cabana, detached garage) is insured or whether a person  based IVR market within North America.

Awareness Campaigns Help Overcome Consumers' Reluctance to Adopt Hosted IVR Solutions

While speech technologies are increasingly becoming an integral part of the customer care service function, they are priced very high and can be cumbersome cum·ber·some  
adj.
1. Difficult to handle because of weight or bulk. See Synonyms at heavy.

2. Troublesome or onerous.



cum
 to develop, implement, and maintain. The perceived per·ceive  
tr.v. per·ceived, per·ceiv·ing, per·ceives
1. To become aware of directly through any of the senses, especially sight or hearing.

2. To achieve understanding of; apprehend.
 loss of control in handing over system administration and management to the service provider represents an additional end-user (job) end-user - The person who uses a computer application, as opposed to those who developed or support it. The end-user may or may not know anything about computers, how they work, or what to do if something goes wrong.  concern regarding the hosted deployment model. Moreover, massive deployments in premises-based technology present growth challenges for hosted solutions.

"Market awareness campaigns regarding the benefits of hosted contact center solutions and the availability and benefits of speech solutions are key factors in addressing these challenges," notes the analyst. Service providers can also enhance their portfolios with vertical specific solutions in order to drive greater market acceptance. Processes and methodologies that adhere strictly to service level agreements and solutions that offer tenants self-administration capabilities are also likely to play a critical role in overcoming these concerns.

For more information visit http://www.researchandmarkets.com/reports/c53464
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 5, 2007
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