The Latka Names Stitched Insights as One of the Most Promising SaaS Companies in California

Stitched Insights is a Silicon Valley SaaS start-up that has built a proprietary machine learning system that helps companies better understand their customers. Born out of world class research from the University of Pennsylvania and turned into a commercially useful product, the company now works with several Fortune 500 companies providing deep customer insight quickly and efficiently. Stitched Insights believes the future is in listening to customers, not asking them questions, and has built a suite of tools for organizations to do just that. 

We’re excited to share that The Latka has named Stitched Insights to its list of the “Most Promising SaaS Companies”. Each year, Latka analyzes 10,000 different software companies around the world to select the most promising in each location.

How We Ranked As Most Promising

The Latka picks the best from 10,000 SaaS companies around the world. The rankings are based off a combination of factors including revenue growth and frequency of use. Latka also looks at how many customers expand their accounts and increase their ARPU as a factor in the rankings.

We love that more teams across your organizations have found Stitched Insights to be so valuable and many of you have come to us with exciting new use cases. A huge thank you to the brands that have been supporting and staying with us from the start! Your commitment to better understand the people behind your customers is inspiring.

You played a vital role in helping us grow and rank so high up against thousands of other SaaS companies. We’ve got big product plans for 2020 as we build more ways to help you grow your brand and acquire more happy customers.

Product Features To Look Out For

Over the past few months we have expanded our global coverage through new partnerships with regional systems integrators. We’ve also entered into initial strategic alliance dialogues with Zendesk, which will enable faster client on-boarding and add novel retention metrics for dramatically decreased customer churn.

Be sure to check back on the blog in July when we announce a new collaboration project we call, “Brand Love Meter”.

The Stitched Insights team

Customer Support Re-imagined: Feelings, Emotions and Experiences

Take a dip in the pool of Customer Support with me.

Let’s say you currently work in product marketing or operations for a global corporation. Your work revolves around meetings and schedules — things don't always go your way but your life is fairly predictable — and scheduled. You have lots of time for analysis, planning and testing.

Now, picture yourself in a new role. Take that schedule and throw it at Mars.  Your life is now a non-stop, 24-hour ride; your schedule slows down and speeds up, you have less control over it and it never stops for a break. You're trying to do analysis, but the data is non-stop and you can't stop the test to analyze results. You work in a world based on others’ schedules, needs and emotions.

Welcome to the world of customer support.

In your new role, your goal is to be proactive. But human behavior is unpredictable and forces customer support into a world of reactive tendencies.

Your tickets, social media, customer reviews, and support calls are all data - and you are surrounded by it.  But it's all open ended and undefined. It's thousands and often millions of customer support contacts. It's in data lakes, and buried deep in the history of your company. The leaders at your org care about your customers, but once they take a dip in the data lake, they lose momentum and your long-sought project to do deep analysis dies unripened on the vine.

You have customer satisfaction and NPS scores which you put in the sentiment bucket to gauge how customers feel about your product. Those have helped triage things a bit. You may also have customer success metrics which tell you how often customers do certain things, their habits, their stickiness and their level of adoption and success with your product. That’s definitely a step in the right direction. You may even have a good way of tracking customer testimonials and advocacy.

But if your customer insights are based on an observer asking pre-determined questions and watching for overt pre-defined customer actions -  you're likely entirely missing out on the open-ended emotional component of your customer's feedback. How a customer truly feels about your product is vital to your product's success.  How a customer expresses themselves is the key to their emotions. This can all change on a whim - thus making it impossibly challenging to keep up using predetermined rules.

Customer support professionals want to help customers based on their needs, and their timing, not ours.  We truly do care for our customers and know that customer service is a living, breathing, ever growing, organic entity. We can’t ask customers to slow down, take a break or let us catch up. In this dynamic environment, how can we make informed decisions to provide the world's best service?

What if you had a genie that could grant you three wishes?

What are the three most compelling issues that you would like to know about your customer base if you could analyze and immediately understand every thought and expression that your entire customer base expressed? What three burning questions do you have about your base that would help you to plan your time better, be proactive and make you look like a hero?

My top 3 would be:

• Gaps in service

• Empirical data to drive the product roadmap

• Trending issues that could forecast future problems

Or, would you simply wish for a system-wide comprehensive health check?

What would you unlock in your customer data (that you likely suspect is there) but need the quantitative analysis to prove it out?

What if you could take all of your customer feedback (both internal support requests and external customer reviews) and give it to a genie to tell you what to do next? What if you could augment your customer journey mapping and health scores to measure happiness across all customer interactions in a scientific way instead of relying on genies for your next bonus.

What if you could read every single ticket, chat, text message, phone transcript and ecommerce reviews over the entire lifetime of your (or even of your competitors’) products? And then turn ALL customer interactions into a new and ongoing form of NPS - one based on reliable, quantifiable, and scalable scientific scoring that analyzes the entire audience in near real-time.

How much of your year is spent on thinking and saying how you care about your customers and want to hear from them - but secretly knowing you’re likely ignoring 90% of what they’re saying because you don’t have a genie or the manpower to analyze and track all of this information?

What if you could listen to each and every one of your customers, take in what they have to say, create a meaningful response and impact the product roadmap all at once? What would you like to discover and quantify from customer feedback that absolutely proves the case for your next big thing?

I’m super curious to hear what you would do! Email me at kate@stitchedinsights to share your story and I’d love to include it in an upcoming article on this subject.

About Kate Hobbie:

In Kate's role as a Customer support leader, she has been committed to making customer support the heart of an organization to ensure that the quality of service a customer receives is the deciding factor when choosing a brand.