Comviva NewsLetter The Futurist - September Edition, 2019 | Page 8

DIGITAL DISRUPTION SEPTEMBER 2019 EXPERT SPEAK Deshbandhu Bansal Business head, Messaging and Broadband Solutions, Comviva RICH COMMUNICATION SERVICES: No Longer Waiting in the Wings In a fragmented communications landscape, companies have to fight hard for consumer attention. From a marketing and customer engagement perspective, this can be exhausting. SMS has, of course, been around for nearly three decades. During that time, it’s evolved to become one of the most valuable go-to- marketing channels available. Marketers choose to keep using SMS to interact with their customers because it’s reliable, cost-effective, and easy to use. In fact, SMS has a noticeably higher open rate than email. 8