Connect with us

Hi, what are you looking for?

White Papers

Customer experience (CX) technology sets new baseline but still struggles to satisfy many – NTT

77%  of organizations now have ultimate accountability for CX held at the board level, up from 34% in 2020.

Photo by XPS from Unsplash.com

NTT Ltd. released the 2021 edition of the Global Customer Experience Benchmarking Report (GCXBR), its highly influential annual survey assessing the global state of play for CX. Now in its 24th year, the latest GCXBR arrives at an important juncture to help organizations calibrate their rapid adoption of CX technology, revealing a significant gap in perceptions between organizations and consumers.

This year, NTT interviewed 496 professionals across 34 global markets and 14 different sectors. For the first time, the research also included a voice of the customer (VoC) survey, supplementing evidence from professionals with opinion from a consumer panel of 1,402 respondents.

Resounding positive signs for CX

In the context of a disrupted CX environment, responsibility for CX has been elevated to a significantly more senior level and confidence in CX has followed suit:

  • 77%  of organizations now have ultimate accountability for CX held at the board level, up from 34% in 2020
  • The rate of organizations with ‘well advanced’ or ‘complete’ CX strategies has more than doubled to 71%, up from 29% in 2020
  • The rate of organizations reporting being ‘very satisfied’ with their CX has risen to 46%, up from 12% in 2020

Organizations now expect that the majority of CX will be automated in twelve months’ time, with workloads handled by AI and robotics rising to 51% from 31% today, and almost a quarter of interviewees reported that their use of AI or robotics is delivering beyond expectations.

Keeping track of consumer perception

Advertisement. Scroll to continue reading.

The positive outlook from the industry was only partially echoed by the new VoC survey, however. Encouragingly, 87% are happy to continue using digital channels at the increased levels triggered by the pandemic, while 38% said that the quality of automated CX systems had improved over the course of the pandemic.

In other areas, the research found warning signs about the amount of progress yet to be made to fully meet consumer expectations:

  • 52% of consumers report digital channels failing them due to limited capabilities or services
  • 44% experience failures due to digital channels misunderstanding their queries
  • Just 35% say they are ‘very satisfied’ with automated CX solutions

With forecasts for next year showing high rates of organizations expecting to have implemented voice-activated AI assistants (52%), robotic process automation (48%), web-based AI assistants (44%) and other new technologies, these developments hold a lot of potential for businesses to differentiate themselves by more effectively solving customers’ challenges.

“The addition of VoC data this year has shone a spotlight on a really interesting situation,” comments Rob Allman, Vice President, Customer Experience, NTT Ltd. “It’s allowed us to spot a – potentially growing – disparity between how businesses assess their own performance and how consumers perceive CX. The fruition of new technology in the CX space is exciting, but the ultimate focus always needs to be on people.”

The need for the human touch

When asked about human-led support, 93% of CX decision-makers agreed that it remains critical – but 49% agreed that they have the technology in place to fully support remote CX employees. Meanwhile, 38% in the VoC panel stated that their biggest reason for avoiding digital channels is that they would rather speak to a human.

Advertisement. Scroll to continue reading.

“Of course, technology has always augmented human capabilities”, concludes Allman. “This year, the key message of the CXBR is to empower customers and employees through the use of data and AI-driven technology. People need to be at the center of any CX strategy, with technology in the service of superior customer and employee experiences that create value.”

Further details of the research, together with an in-depth analysis and recommendations for industry, can be found in the 2021 Global Customer Experience Benchmarking Report.

Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

For Lenovo Philippines, the film illustrates how technology can serve as an enabler rather than the center of the creative process—giving creators the tools...

HEADLINES

For many Filipino entrepreneurs, growing a negosyo doesn’t always begin with a big investment. Sometimes, it starts with just enough capital to restock in-demand...

HEADLINES

Once verified, these credentials can appear on a candidate’s Jobstreet profile with a verified badge. Employers can then have a clearer, more trustworthy view...

COMPUTERS

Powered by an Intel Core Ultra X7 processor 358H and Windows 11 Pro, the system delivers high-performance AI computing to expedite AI-assisted content creation,...

HEADLINES

Under this collaboration, Ormoc City-based Virtual Staffing Solutions will leverage Converge’s advanced pure fiber network to establish seamless, high-speed, and secure connections across its...

HEADLINES

Through its partnership with Khan Academy Philippines, Globe is helping connect students, parents, and teachers to free learning resources that can complement what happens...

HEADLINES

Candidates in pursuit of quality jobs and employers looking for best-fit talent take center stage in Jobstreet by SEEK’s latest video series, The First...

HEADLINES

Spanning over 20,000-kilometers, the Trans-Pacific Bifrost Cable System links the Philippines to Singapore, Indonesia, Guam, and the US, delivering a total design capacity of...

Advertisement