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Calculating the Return on CEM

The TM Forum has released a 'calculator' which estimates the benefits delivered by Customer Experience Management (CEM) projects.

The TM Forum has released a Customer Experience Management (CEM) RoI calculator, which can be used to determine the business case for CEM projects. The team that developed the calculator is led by Jonathan Hopkinson, Senior Director for Customer Experience Solutions at Huawei. He said:

Customer experience management (CEM) is a tricky thing to get people to invest in. Like a lot of services it’s intangible, but on top of that it is also very difficult to predict and quantifiably demonstrate the business benefits which will ensue. If you’re a service provider and you’ve got some money to spend, if you spend it on base stations, you can see them and drop them on your foot. It’s very obvious you’ve bought something and what the benefit will be. With customer experience, it’s a lot more nebulous. This is why within Huawei we have developed business models to help operators isolate and scientifically quantify the predicted business outcomes of various CEM use cases, so that the investment decision stops being a leap of faith…

At Huawei, we were working with a major Tier 1 operator and we had really strong buy-in, but they wanted a good business case before they could go and put it to their leadership team. We showed them our business case analysis and they said ‘That’s great, but is it certified by the industry?’. That’s what really kicked this project off.

You can learn more about the calculator from here. TMF members can download the calculator from here.

Eric Priezkalns
Eric Priezkalnshttp://revenueprotect.com

During his career, Eric has been a Director of Risk Management for a national telco, the Chief Executive of the Risk & Assurance Group, a Chief Marketing Officer for a software business, a consultant, a public speaker and the publisher of Commsrisk since its launch in 2006. Look here for more about the history of Commsrisk and the role played by Eric.

The comms providers that Eric has worked for include Qatar Telecom, Cable & Wireless, T‑Mobile, Sky and Worldcom. In addition to his proficiency at speaking about the current scamdemic, Eric is also a qualified chartered accountant and a subject matter expert in consumer protection, enterprise risk management, fraud prevention, data integrity and billing accuracy. Eric was the lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He can be reached through the contact form on this website.

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