CX to Increase Investments in Chatbots, AI, & Analytics, Says Gartner
Customer experience (CX) has become a key factor for company success. Hence investments in technologies focused on customers are rapidly becoming a top priority for businesses.
According to Gartner, Inc. In a survey of 89 service leaders in May-June 2021, respondents evaluated 51 technologies to assess how they are currently being used, the value they provide service organizations and what bets service leaders would place on their future importance.
Among all 51 technologies surveyed, case management, consolidated agent desktop, internal collaboration tools, online account portal and unified communications, currently deliver the most value for customer service leaders.
“Customer service and support leaders derive value from these technologies because they support an important part of their operations,” said Lauren Villeneuve, senior principal in the Gartner Customer Service & Support Practice.
“Additionally, they support new operational needs of managing a remote workforce, new demands and expectations from customers and heightened expectations for service to deliver improved customer experience and value.”
In two years, they anticipated most valuable technologies revolve around the customer, through digital self-service platforms and understanding customer behavior through analytics, including chatbots, AI and analytics.
“It is crucial that leaders understand how customers interact with digital channels in order to contain customers within them, and improve their overall customer experience,” said Connor Seidenschwarz, principal, research in the Gartner Customer Service & Support Practice.
“In fact, most customer service leaders we surveyed view investments in analytics as an investment in improving their self-service capabilities,” Seidenschwarz added.
Past challenges with analytics stem primarily from a lack of data, or transforming raw data into actionable insights that can be used to inform decisions. However, CXOs indicate they are overcoming these challenges, and anticipate that the largest increases in value over the next two years will come from technologies that analyze and leverage customer data.
As the technology landscape advances, Gartner recommends that business leaders responsible for service and support strategy and leadership take the following actions:
- Review core service objectives, understand customer preferences and behaviors, and conduct a thorough market scan to select and prioritize technologies for investment.
- Collaborate and coordinate with other functions, including IT, marketing and finance, to understand existing plans or technology and their perspectives, and identify areas of coordination.
- Gather data on customer behaviors and experiences to identify the technology’s current and potential role in the customer service journey.
- Assess the performance of existing technologies by evaluating usage, cost, customer experience, rep experience and strategic relevance, and how they fare against market trends.