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Better workforce management leads to greater customer satisfaction. Here’s how Google did it

workforce management Verint

Companies with distributed workforces face a common challenge – navigating the complexities of workforce management. Simply put, workforce management is about effective manpower planning so that there is neither surplus nor shortage of talent at any one time.

Scheduling too few employees during busy periods may result in poor customer satisfaction, negative effects on brand reputation, and a drop in employee morale. On the flip side, scheduling too many employees results in increased costs and wasted resources.

Workforce management has a direct impact on employee motivation and productivity, which makes it especially important to customer experiences – happier employees lead to happier customers, and happy customers are the biggest advantage a business can have in today’s highly competitive landscape.

Tackling customer engagement and staffing challenges at scale

A good workforce management system combines the right technology, processes, and procedures to accurately forecast staffing needs for minimal waste. At the same time, the system should allow for real-time adjustments to be made should unforeseen circumstances arise.

As the world’s top search engine, Google manages a team that spans over 50 locations worldwide, handling hundreds of millions of customer conversations a year, across multiple communication channels.

Over the last year, with the pandemic, Google was pushed to pivot to remote work as quickly as possible without losing too much in terms of customer engagement quality and employee productivity.

Also Read: Managing a global workforce with Toby Zhan‪g

New workforce dynamics, ever-expanding customer engagement channels, and increasingly complex and numerous online consumer interactions meant that Google needed a trusted partner that could help them exercise better workforce management, quickly and effectively.

A secure, integrated, and intelligent solution

 Google chose Verint, a company with deep industry knowledge, and 25 years’ experience in workforce management; the world leader in workforce engagement solutions as named by Gartner in 2021.

Specifically, Google implemented Verint’s Workforce Management (WFM) solution, a cloud-based system that streamlines the staff scheduling process by consolidating all necessary information onto a single platform. The solution also forecasts manpower needs based on a dynamic and robust labour modelling algorithm that combines factors like customer demand and activity, individual employee productivity, and more.

With Verint’s WFM solution, Google was able to easily manage their team schedules across all locations and channels, while implementing more flexible work arrangements that improved employee engagement, productivity, and work-life balance.

Most importantly, Verint’s solution fit seamlessly into Google’s existing operations platform and met the company’s exacting standards.

“Verint was keen and willing to bring their solution to Google Cloud, which was an important requirement,” said Rajeev Shrivastava, co-lead and General Manager of Google’s Customer Conversations Platform. “Verint was also able to meet our security and privacy standards, which has become a key priority for us as custodians of our customers’ information.”

With Verint, Google is now empowered to ensure that it has the right people, in the right places, at the right times, to deliver the best possible experiences for its customers.

Also read: How I manage my time and a team of 130 employees

Accessing the full potential of a distributed workforce

The future of work will see hybrid workplaces become the new norm. Access to global talent will result in increasingly distributed workforces. Future employment models may even evolve to see more elastic hiring trends, where companies may choose to have a number of contingent workers hired on a non-permanent or seasonal basis to meet sudden surges in demand. Employees themselves are also seeking more flexibility in their employment.

The ‘work from anywhere’ culture is here to stay, and a more decentralised workforce can be a huge boon to businesses. However, challenges related to communication, coordination, or employee engagement may pose certain barriers that hold companies back from accessing the full potential of a hybrid workforce.

That is why business leaders need solutions that will streamline and optimise workforce management for more significant outcomes, whether that is improved CX, better business continuity, or reduced costs.

Workforce management is not limited to big corporations with large global teams – small and medium businesses can also benefit from cloud-based solutions that improve operational efficiencies while driving higher-quality customer engagement.

With strategic use of the right technologies, companies can build a workforce of the future that thrives in the face of tomorrow’s challenges – to the benefit of all, from the business, to employees, to end consumers.

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Telkomsel injects US$300M more into Gojek to further grow Indonesia’s digital lifestyle sector

Indonesia’s super app Gojek has secured additional funding of US$300 million from Telkomsel, a digital telco company owned by Telkom.

This investment builds on the existing collaboration between the two tech giants, and will open up new synergies as they scale up digital services and deliver new, innovative solutions.

Specifically, they will explore more opportunities to integrate their digital services, with the aim of delivering greater value to consumers, partners and businesses.

The two companies will also continue to work together to help businesses leverage digital solutions, and further develop the technology talent pool in the country.

Setyanto Hantoro, CEO of Telkomsel, said that the investment is part of its strategy to strengthen the company’s three digital business pillars, namely digital connectivity, digital platform, and digital services.

“As a digital telco, we aim to go beyond our connectivity capabilities by consistently developing new, sustainable innovations. Through this enhanced collaboration between Telkomsel and Gojek, we will be able to bring together our expertise and further develop Indonesia’s digital industry,” he said.

“Telkomsel is optimistic that this latest investment will open more opportunities for society to access advanced digital technology-based innovations developed by homegrown companies,” he added.

Also Read: gojek’s Bank Jago unveils financial services app that centres around users daily life

“The additional investment will strengthen the collaboration between the two companies, enabling both of us to leverage our technological resources and expertise to bring the benefits of the digital economy to consumers, driver-partners, and small businesses across Indonesia,” commented Andre Soelistyo, Co-CEO of Gojek Group.

Founded in 2010, gojek was initially started as a motorcycle ride-hailing company but has since grown to become a super app, providing access to a wide range of services — from transportation and digital payments to food delivery, logistics, and many other on-demand services.

Following Telkomsel’s initial investment of US$150 million in Gojek in November 2020, the two companies have integrated various aspects of their services to provide users with new benefits.

This has helped to accelerate the digitalisation of micro, small and medium enterprises (MSMEs) while bringing about greater cost savings for driver partners and enhanced convenience for consumers.

These initiatives include the integration of Telkomsel MyAds with GoBiz, easy onboarding for Gojek MSME partners to become Telkomsel reseller partners, affordable data packages for Gojek driver-partners, and convenient access to more than 20,000 outlets and resellers of Telkomsel via GoShop.

To date, Gojek has raised a total of US$5 billion in funding over 11 rounds and is currently valued at about US$10.5 billion.

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Image Credit: Gojek

 

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NGC Ventures launches US$20M fund, invests in decentralised exchange Dexlab

blockchain_banking

Singapore-based blockchain investment firm NGC Ventures, in partnership with Solana Foundation (a web-scale blockchain), has announced the launch of a US$20 million strategic investment fund.

The fund aims to accelerate the growth and development of key blockchain projects in the Solana ecosystem.

This is one of the five strategic investment funds that will bring US$100 million of new capital to the Solana ecosystem.

Also Read: How blockchain-powered fintech services can improve financial inclusion

NGC Ventures is joined by exchanges Huobi and Gate.io; HashKey digital asset management group; and MATH, a multi-platform cross-chain wallet.

Composed of a growing community of projects building on Solana, the Solana ecosystem has raised over US$125 million since January 2021. This injection of funds into the Solana ecosystem will coincide with the Asia leg of Solana’s Global Hackathon.

Roger Lim, Founding Partner of NGC Ventures, said, “We continue to seek innovative projects that leverage blockchain to disrupt their target markets and this partnership will further unlock the potential of the technology. Together, we look forward to investing in projects with practical use cases that solve not only the problems of tomorrow but those that are holding us back today.”

As of May 7, the fund has made its first strategic investment into Dexlab, a decentralised exchange where the best Solana projects mint and list their tokens.

In addition to the funding, NGC Ventures offers mentorship on business development, hiring, as well as prudent treasury and financial management.

Tony Gu, Founding Partner of NGC Ventures, added, “NGC Ventures is committed to supporting the industry’s disruptors of which Solana is a driving force with their unique approach to solving blockchain’s scalability problem. Through our partnership, we aim to enable those building within the Solana ecosystem to follow a similar path, innovating and improving the industry.”

Also Read: Joseph Phua’s Turn Capital acquires Dapp Pocket to create SEA-focused retail crypto exchange

An active institutional investor of cryptocurrencies, NGC Ventures leverages its experience of investing in over 100 successful projects including Solana, Algorand, Elrond, Polkadot, and Avalanche. Both Fund I and II have invested in over 100 projects, mostly in blockchain infrastructure and adoption technologies in areas such as DeFi, gaming, and decentralised computing.

The VC firm has also incubated NGC StakeX, which is a node-operating division.

NGC has offices in Shanghai, and San Francisco.

Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is the first web-scale blockchain capable of supporting the future growth of decentralised apps, exchanges, platforms, and more.

Solana claims it is able to achieve breakneck speeds for processing transactions at average costs less than $0.0001.

Image Credit: Unsplash

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Malaysian drones services firm Aerodyne adds Japanese investors to its cap table

An Aerodyne drone

An Aerodyne drone

Aerodyne Group, global drone services company headquartered in Cyberjaya, Malaysia, announced today that it has received a strategic investment from a consortium of Japanese investors, comprising Real Tech Fund, Kobashi Holdings and ACSL.

Other details of the transaction were not disclosed.

As per a press note, the partnership is set to propel Aerodyne’s latest engine of growth in the agriculture space, called Agrimor, in the ASEAN region. The consortium will also help Aerodyne grow its core business in Japan.

Real Tech Fund is a deep-tech focused VC fund, whereas Kobashi is a prominent agriculture companies. ACSL is a Tokyo Stock Exchange-listed firm specialising in drone manufacturing and drone-related hardware.

Also Read: Aerodyne forays into US with the acquisition of drone inspection firm Measure

Kamarul A Muhamed, founder and Group CEO of Aerodyne, said the partnership will enable it to leverage on a whole suite of expertise to enhance its value proposition in the agriculture space. He expects it to also solidify its foothold and unlock further opportunities in Japan, as well as expanding the breadth and depth of our technology suites.

“In particular, Real Tech Fund’s philosophy to support innovative R&D technology that advances humanity through technology mirrors our own approach,” he shared.

Established in 2014, Aerodyne Group is a DT3 (drone-tech, data-tech and digital transformation) company. It uses Artificial Intelligence as an enabling technology for large-scale data operations, analytics and process optimisation.

In Southeast Asia, plantation agriculture such as rice, palm oil and pineapple are major industries. However, farming methods are often labour-intensive and have high environmental impact. There is tremendous potential for improving efficiency and productivity.

Aerodyne’s Agrimor service enables data-driven precision agriculture by using drones to monitor crop health and in turn increasing productivity and harvest yield, benefiting farmers, agriculture landowners and ultimately the economy of the host country.

The drone firm is currently running pilot projects with several large landowners in Malaysia and plans to expand the service to India, Indonesia and Thailand after 2022.

It currently employs over 400 drone professionals to operate in the UAS services sector. Aerodyne claims to have managed more than 320,000 infrastructure assets with 110,000 flight operations and surveyed over 120,000km of power infrastructure across 35 countries globally.

As per the press release, its solutions have been deployed and is currently being used by various industry leaders such as a Malaysian-based FORTUNE Global 500 oil and gas company, the largest listed power company in Southeast Asia, as well as the largest port owner in the UK.

Also Read: A drone-eye view: How Red Dot Drone is realising Singapore’s dream to become a smart nation

Shojiro Kobashi, President and CEO of Kobashi, commented: “We expect that Aerodyne’s drone solution will greatly contribute to the widespread of sustainable agriculture by improving the yield and quality of crops and reducing the burden on the environment and farmers. With the resources we have cultivated as an agricultural machinery manufacturer, we will support Aerodyne’s entry into the agricultural field and Japanese market, lead the next future of Agritech, and contribute to the evolution of Japanese agriculture.”

In October 2019, Aerodyne secured US$30 million in Series B investment round, led by InterVest/Kejora Ventures, with participation from VentureTECH, Gobi Partners and 500 Startups.

This round was extended with an investment from North Summit Capital, Arc Ventures, and Leave a Nest in February 2020.

In December 2019, Aerodyne acquired a controlling stake in the services business of Measure UAS, an aerial intelligence company in the US.

Image Credit: Aerodyne

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atato raises US$1M to help financial institutions build blockchain-based digital assets solutions

From L to R: Guillaume le Saint (atato CEO), Maxime Paul (atato CMO) , Akalarp Yimwilai (Zipmex’s CEO), James Tippett (Zipmex’s CTO)

Thailand-based digital assets company, atato, said today it has raised US$1 million in a seed financing round led by Zipmex Asia, SOSV, and other undisclosed angel investors.

The capital will be used to build out its digital assets products, strengthen its teams, security and compliance.

Started in 2017, with a footprint in both Singapore and Thailand, atato helps financial institutions and digital assets service providers in Southeast Asia build blockchain-powered digital assets solutions.

Its products help companies create, store and manage digital assets in full compliance with the Southeast Asian digital assets regulations — particularly in the areas of secure digital assets storage, custody and end-user wallets platforms and integrations.

atato claims it has advised and serviced many entities in the private and public sectors.

Also Read: NGC Ventures launches US$20M fund, invests in decentralised exchange Dexlab

Akalarp Yimwilai, CEO of Zipmex Thailand, remarked, “Blockchain is an eccentric technology that responds spontaneously to changes in consumer behaviour as the technology matures. We thrive to explore new opportunities through new projects, ranging from custody solutions, DeFi opportunities, and in time to come, a native Zipmex blockchain. This investment is in alignment with our roadmap as we plan to diversify our products and services to become a key player in this region.”

“Technology has revolutionised many segments of the finance industry but the process and cost of doing an IPO haven’t changed since I worked on my first NASDAQ listing in the late 1990s — it’s slow and expensive,” added William Bao Bean General Partner SOSV.

According to a report by Global Market Insights, the market valuation for cryptocurrency will cross US$1.8 billion by 2027.

With the recent rise in popularity of decentralised finance and the emergence of smart contracts, experts anticipate the market to grow further at an exponential rate.

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Image Credit: atato

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