This document discusses speech analytics and its use for analyzing customer call center conversations. It begins by explaining the challenges of analyzing speech data and how speech recognition systems work to transform speech into structured data. It then discusses common use cases for speech analytics in call centers, such as sentiment analysis and agent performance monitoring. Next, it provides an overview of major vendors in the speech analytics market. It proposes a two-phase architecture for speech analytics involving speech recognition and predictive analytics. Finally, it presents a case study using speech analytics to predict customer loyalty scores for a health insurance provider.