New analysis from Frost & Sullivan (ITservices.frost.com), South African Contact Centre Technology Market, finds that market earned revenues of over $101.9 million in 2008 and estimates this to reach $134.3 million in 2015. The customer verticals covered in this analysis are business and financial services, government, retail and telecommunications.
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.
"The global economic crisis has led to the adoption of cost-optimisation strategies," says Frost & Sullivan Research Analyst Mpho Moyo. "Therefore, increased momentum towards IP migration is expected, as companies seek to consolidate and virtualise numerous contact centre resources."
As part of cost-optimisation strategies, companies are seeking to consolidate and virtualise numerous contact centre resources to allow for centralised reporting and management. This has resulted in an increased demand for IP-based contact centre solutions, which provide for the integration of a number of applications on one server, such as voice, data and video.
However, the general economic decline has left end users with limited funds to invest in innovative technologies. Therefore, companies are seeking to extend the life of existing investments, restraining market growth.
"A lack of adequate financing due to the economic slowdown is the main threat to the growth of the contact centre technology market," explains Moyo. "Pricing is often out of the range of local operators as the industry is primarily characterised by small operators."
Vendors should explore the provision of hosted IP contact centre services that allow companies to access advanced technologies as they need them. The flexibility of this option makes it popular amongst small and medium enterprise clients, as end users pay for services on a monthly basis.
"In line with the adoption of an OPEX-based model, an increase in the demand for 'on demand' services such as software-as-a-service and communications-as-a-service is likely," concludes Moyo. "Similar to the hosted model, end users will lease these services and pay on a monthly basis."
South African Contact Centre Technology Market is part of the IT Services & Applications Growth Partnership Services programme, which also includes research in the following markets: Angolan Mobile Market, South African Contact Broadband Market, Sub Saharan African CDMA Markets, and Mozambique Mobile Communications Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.
South African Contact Centre Technology Market / M459