World Enterprise Workforce Management Market Analysis Report 2022-2023 – AI-enabled New-gen WFM is Revolutionizing the Staffing Paradigm -…

Posted: May 11, 2022 at 11:36 am

DUBLIN--(BUSINESS WIRE)--The "Workforce Management for the Enterprise Report 2022-2023" report has been added to ResearchAndMarkets.com's offering.

The 2022-2023 Workforce Management for the Enterprise report reflects the growing benefits of WFM throughout the enterprise, beyond the contact centre.

The Workforce Management for the Enterprise report presents an in-depth analysis of the contact center WFM market, the competitive landscape, vendors, product suites, technology and innovation. The Report examines the business, market and technology trends and challenges confronting contact centers in the midst of the Great Resignation. The Report analyzes WFM market activity and provides 5-year projections. It also presents customer satisfaction survey results that rate the vendors and their products.

The report features 5 WFM vendors: Alvaria, Calabrio, NICE, Puzzel and Verint. It also provides a high-level overview of two new competitors in the WFM arena: Authority Software and Playvox. This report is intended to help contact centre, back-office and branch operations leaders and chief operating officers (COOs) in companies of all sizes select a WFM solution and partner that best meet their unique requirements.

Contact centres and other people-intensive enterprise departments are looking to their vendors to help them manage their complex workforce scheduling requirements, including hybrid, on-site and work-at-home staffing. Managers need enhanced analytics to track productivity and performance, and the vendors are delivering new capabilities to properly handle changing workplace dynamics.

AI-enabled new-gen WFM is revolutionizing the staffing paradigm

New-gen workforce management (WFM) solutions perform the classic functions of a WFM application; however, the notable and exciting element in new-gen WFM is that employees have direct input and participate in every step of the planning process. Employees can even make changes after a schedule is generated, without penalty.

Workforce management administrators/supervisors also benefit from new-gen WFM, as these solutions greatly reduce the time required to enter agent schedules and change manually into the system, freeing them to focus their efforts on optimizing departmental performance. This drives positive impacts on the customer experience (CX) and benefits the culture and performance of the contact centre or other departments utilizing the WFM solution, which improves the company's bottom line.

Artificial intelligence (AI) is an essential enabler of many of the advancements in WFM solutions. AI makes it possible to manage the complexities associated with forecasting and scheduling digital channels - concurrency, asynchronous transactions, lapsed time, cross-channel interactions, etc. It increases the accuracy of forecasts and enables the application to auto-select the optimal algorithm for each situation. AI is used for real-time adaptive scheduling, which improves accuracy, flexibility and fairness.

It also facilitates the handling of vacation planning, paid time off (PTO), voluntary time off (VTO), overtime (OT), shrinkage projections, and much more. In the future, the publisher expects to see predictive analytics used to align WFM recommendations and schedules with contact centres' core routing and queuing engines to improve the customer and agent experience while increasing productivity and reducing costs.

This report includes:

Key Topics Covered:

1. Executive Summary

2. Introduction

3. DMG Consulting Research Methodology

3.1 Report Participation Criteria

4. Workforce Management Suites Defined

4.1 Workforce Management Vendor Suite Overview

4.2 High-Level Functional Overview

5. Workforce Management Trends and Challenges

5.1 Workforce Management Trends

5.2 Workforce Management Challenges

6. Workforce Management Market Innovation

6.1 New Product Features

6.2 Future Enhancements

7. New-Gen WFM

7.1 Omni-Channel Requirements

7.2 Omni-Channel Forecasting and Scheduling

7.3 Real-Time Intraday Management and Intelligent Adaptive Scheduling

7.4 Real-Time Adherence

7.5 Shrinkage

7.6 Long-Term Planning

7.7 The Work-at-Home/Hybrid Staffing Model

7.8 Workspace Allocation

7.9 Hiring Management

8. The Agent Experience

8.1 Agent Self-Service

8.2 Gamification

8.3 eLearning/Meeting Management

8.4 Dashboards, Reporting and KPIs

9. AI: The "Brains" of the Operation

9.1 Artificial Intelligence in WFM Solutions

10. WFM for the Enterprise: Back-Office, Branch and Beyond

10.1 Back-Office/Branch WFM

10.2 Leveraging WFM Across the Enterprise

11. Workforce Management Market Activity Analysis

11.1 Validating Market Numbers

11.2 WFM Market Share Analysis

12. WFM Adoption Rate

13. WFM Market Projections

14. WFM Competitive Landscape

14.1 Company Snapshot

15. Workforce Management Vendor Satisfaction Analysis

15.1 Summary of Survey Findings and Analysis: Vendor Categories

15.1.1 Vendor Satisfaction by Category and Customer

15.2 Summary of Survey Findings and Analysis: WFM Suite Modules

15.2.1 WFM Modules Satisfaction, by Category and Customer

15.3 Summary of Survey Findings and Analysis: WFM Product Capabilities

15.3.1 WFM Product Capabilities Satisfaction, by Category and Customer

15.4 Customer Background and Insights

15.4.1 Channels Supported by the WFM Solution

15.4.2 Other Enterprise Departments Using the WFM Solution

15.4.3 Top 3-5 WFM Challenges

15.4.4 Additional Comments

16. Pricing

16.1 Pricing for a 250-Seat Premise-Based WFM Solution

16.2 Pricing for a 250-Seat Cloud-Based WFM Solution

17. Company Reports

17.1 Alvaria

17.2 Authority Software

17.3 Calabrio

17.4 NICE

17.5 Playvox

17.6 Puzzel Ltd.

17.7 Verint Systems

18. Appendix: Workforce Management Vendor Directory

For more information about this report visit https://www.researchandmarkets.com/r/l9hstx

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World Enterprise Workforce Management Market Analysis Report 2022-2023 - AI-enabled New-gen WFM is Revolutionizing the Staffing Paradigm -...

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