by Alec Boere | Jan 18, 2021 | Banking
By Alec Boere and Serge Plata Innovation can be achieved when we cross-pollinate ideas from one field to another. We have good examples of how some of the best ideas come from outside the industry in question, as stated in a fascinating article in the Harvard Business...
by Alec Boere | May 20, 2020 | Artificial Intelligence, COVID-19, Utilities
The utilities landscape in the UK has drastically changed in 2020. With COVID-19 increasing residential consumption and disrupting staffing, customer dissatisfaction is on the rise. Consumers have high expectations for a quick resolution, even in a unique global...
by Alec Boere | May 13, 2019 | Artificial Intelligence, Retail
The cost of acquiring a new customer can be higher than retaining a customer by as much as 700%. Increasing customer retention rates by a mere 5% could increase profits by 25%.These are significant numbers. Especially when you consider that retention can be misleading...