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Achieving Digital Transformation
How
communications
service providers
can thrive in the
new digital
environment

86%

of buyers will pay more
for a better customer
experience. But only
1% of customers feel that vendors
consistently meet their expectations8

o
go f br
cu o an
sc sto d or ds
or m e re
es e xc ce
th r ex ell ive
is p en d
ye er t
ar 1 ien
ce

Only 37%

13%

of dissatisfied
customers tell more than

20 people

2

89%
of consumers began
doing business with a
competitor following
a poor customer
experience4

Loyal customers
are worth up to ten
times as much as
their first purchase3

80%

of device spending
will be in new
categories such as
mobile phones,
tablets, and ultra-mobile PCs, by 2017

Tablets will comprise nearly half of
first-time computer purchases5

55%

of customers would pay extra
to guarantee better service6

6-7x

It costs

more to acquire a new
customer than retain
an existing one7

1.

Deliver superior
customer experiences

Because customers know more, expect more, and
have more options, you have to deliver more.
More value, more service and more of what they
are looking for. So that fewer churn away, each
household buys more, and that more sign up in
the first place.

2.

Only 26%

of companies have
a well-developed
strategy in place for improving the
customer experience10

$52.50

90%

$24.50

Monetize
data

Are you providing the service bundles customers
actually want? Could your promotions work
harder? Which customers are most profitable, and
why? You have a firehose of data coming in, but
which of it should you pay attention to? Up your
game by analyzing the why of churn, the how of
loyalty, and the when of promotions.

3.

of consumers
have ended a
transaction due to bad service 9

NEW

REPEAT

Online spending
for new customers
is about half that of
repeat customers11

of customers trust
recommendations
from their friends
or peer groups

47%

trust the
company
advertisements12

Global spending
on information
technology is
expected to reach

$3.8T

in 201413

Drive operational
efficiencies

Higher revenues are great, but only half the
profit equation. New technologies give you the
capability to drive customer care costs down,
make your assets work harder, and get new
services to market faster, all while reducing fraud
and security issues.

Tata Consultancy Services delivers solutions that help organizations navigate the path to
successful Digital Transformation. Through deep industry expertise, modular, ustomizable
solutions that meet real needs, and an “experience certainty” commitment, TCS helps
communications service providers stay ahead of customers’ needs and drive down costs.
Sources: 1. Forrester, 2. White House Office of Consumer Affairs, 3. Huffington Post, 4. RightNow CEI Report, 5. Economic Times, 6. Defaqto Research, 7. Bain & Company,
8. RightNow CEI Report, 9. Huffington Post, 10. EConsultancy, 11. McKinsey, 12. Neilsen, 13. Economic Times, 14. DeSantis Breindel

53%

of US CEOs
said social media users influence
their business strategy14

www.tcs.com

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Digital transformation: How communications service providers can thrive in the new digital environment

  • 1. Achieving Digital Transformation How communications service providers can thrive in the new digital environment 86% of buyers will pay more for a better customer experience. But only 1% of customers feel that vendors consistently meet their expectations8 o go f br cu o an sc sto d or ds or m e re es e xc ce th r ex ell ive is p en d ye er t ar 1 ien ce Only 37% 13% of dissatisfied customers tell more than 20 people 2 89% of consumers began doing business with a competitor following a poor customer experience4 Loyal customers are worth up to ten times as much as their first purchase3 80% of device spending will be in new categories such as mobile phones, tablets, and ultra-mobile PCs, by 2017 Tablets will comprise nearly half of first-time computer purchases5 55% of customers would pay extra to guarantee better service6 6-7x It costs more to acquire a new customer than retain an existing one7 1. Deliver superior customer experiences Because customers know more, expect more, and have more options, you have to deliver more. More value, more service and more of what they are looking for. So that fewer churn away, each household buys more, and that more sign up in the first place. 2. Only 26% of companies have a well-developed strategy in place for improving the customer experience10 $52.50 90% $24.50 Monetize data Are you providing the service bundles customers actually want? Could your promotions work harder? Which customers are most profitable, and why? You have a firehose of data coming in, but which of it should you pay attention to? Up your game by analyzing the why of churn, the how of loyalty, and the when of promotions. 3. of consumers have ended a transaction due to bad service 9 NEW REPEAT Online spending for new customers is about half that of repeat customers11 of customers trust recommendations from their friends or peer groups 47% trust the company advertisements12 Global spending on information technology is expected to reach $3.8T in 201413 Drive operational efficiencies Higher revenues are great, but only half the profit equation. New technologies give you the capability to drive customer care costs down, make your assets work harder, and get new services to market faster, all while reducing fraud and security issues. Tata Consultancy Services delivers solutions that help organizations navigate the path to successful Digital Transformation. Through deep industry expertise, modular, ustomizable solutions that meet real needs, and an “experience certainty” commitment, TCS helps communications service providers stay ahead of customers’ needs and drive down costs. Sources: 1. Forrester, 2. White House Office of Consumer Affairs, 3. Huffington Post, 4. RightNow CEI Report, 5. Economic Times, 6. Defaqto Research, 7. Bain & Company, 8. RightNow CEI Report, 9. Huffington Post, 10. EConsultancy, 11. McKinsey, 12. Neilsen, 13. Economic Times, 14. DeSantis Breindel 53% of US CEOs said social media users influence their business strategy14 www.tcs.com