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84 results about "Customer retention" patented technology

Customer retention refers to the ability of a company or product to retain its customers over some specified period. High customer retention means customers of the product or business tend to return to, continue to buy or in some other way not defect to another product or business, or to non-use entirely. Selling organizations generally attempt to reduce customer defections. Customer retention starts with the first contact an organization has with a customer and continues throughout the entire lifetime of a relationship and successful retention efforts take this entire lifecycle into account. A company's ability to attract and retain new customers is related not only to its product or services, but also to the way it services its existing customers, the value the customers actually generate as a result of utilizing the solutions, and the reputation it creates within and across the marketplace.

System and method to automatically monitor service level agreement compliance in call centers

A system and method for comprehensive automated call center customer / agent interaction monitoring and service level agreement (SLA) compliance. The system reduces a massive volume of call center activity into readable data points and SLA metrics for measuring agent and overall call center performance levels. The system allows for the scaling up of the SLA compliance process, which is currently done manually by quality assurance personnel for a limited sample set. With the system, customer calls are computationally sampled for speaker diarization and voice isolation, speech emotion recognition, unique salient feature extraction, reference pattern template matching, and automatic speech recognition. The system is adaptively programmable for recognizing and predicting SLA metrics such as: customer satisfaction, issue resolution, appropriate agent greeting and identification, customer understanding, acknowledgment, abandonment, sales attempts, and customer retention, etc. Rating scores are assigned to SLA metrics by intelligent speech emotion pattern recognition and machine learning algorithm. The system provides for cost-effective SLA metrics and quality assurance at scale, with agent performance statistics, customer satisfaction data, and additional insights, via system generated reports and live activity streams.
Owner:HAUKIOJA RISTO +3

Electric charge sensitivity assessment method based on logistic regression

The invention discloses an electric charge sensitivity assessment method based on logistic regression. According to the method, electric charge sensitivity models are respectively established for high-voltage users, low-voltage non-resident customers, and resident customers by regarding customer sensitivity as the entry point. The main steps comprise: collecting modeling indexes from a plurality of dimensions including customer basic information, electricity consumption information, and payment information etc., screening variables by employing information values (IV) and related coefficients, grouping the variables based on the optimal grouping algorithm and the optimal clustering algorithm, performing conversion of weight of evidence (WOE), establishing the customer electric charge sensitivity assessment model by employing a logistic regression algorithm, constructing a standard scoring card which is easily understood and implemented according to model parameter estimation values, and finally determining the weights of the variables through an advantage analysis method. According to the method, data support is provided for development of accurate marketing and differentiated service by departments of electric power marketing and customer service through recognition of customers with high electric charge sensitivity, the overall satisfaction degree of the customers is improved, and the customer perception is improved.
Owner:STATE GRID HENAN ELECTRIC POWER ELECTRIC POWER SCI RES INST +1
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