Industry executives and experts share their predictions for 2020. Read them in this 12th annual VMblog.com series exclusive.
By Philip Say, VP of Innovation Product Management, Sutherland
Technology Will Overhaul Customer Experience
Amidst
the shift in customers' behaviors and expectations over the past year,
businesses are taking necessary transformational steps - underpinned by
technology - to deliver the best customer experiences.
As
businesses brace themselves for 2020, here are five key trends that will
transform customer experiences and how businesses interact with their
customers.
1. Artificial intelligence unlocks
intelligent experiences in customer support
Artificial
intelligence (AI) I is disrupting almost every industry, from manufacturing to
finance - and in 2020 the increasing impact of AI will make its way to customer
support (CS) centers, allowing businesses to empower CS agents with real-time
feedback and guidance during customer interactions.
This
shift will allow brands to resolve issues and find answers much more quickly,
unlocking a new level of more intuitive, intelligent customer experiences.
2. Customer experience will be a
priority in the boardroom
Customer
experience (CX) is now becoming the cornerstone of a brand's reputation, and as
such, brands are looking for new and innovative ways to transform their
business in order to focus on customer-centricity.
As
companies are increasingly competing on the ability to meet evolving customer
needs, we will see CX escalate to a board-level initiative in 2020, with more
C-suite executives outside of the CX function prioritizing and investing in new
services and technologies to deliver more efficient, tailored experiences.
3. Conversational artificial
intelligence interfaces will become the new standard in customer experiences
At
the same time, conversational AI interfaces - from text and chatbots to voice
assistants - will leverage more robust machine learning technologies, making
them more predictive and allowing businesses to serve customers more quickly
and efficiently.
Adoption
of voice search will be spurred by improvements in natural language processing,
bringing voice search to the forefront in 2020 as consumers become more
accustomed to interacting with voice-activated smart devices like Google Home
and Amazon Echo.
4. Edge computing begins to overhaul
traditional customer experience
With
5G kicking into full gear, its greater processing speed is creating new
consumer expectations across a variety of industries in terms of demand for
fast service. Under pressure to keep up with changing demands, more companies
are starting to harness edge computing for data processing at the source -
opening up massive new opportunities when it comes to the customer experience.
In
2020, edge computing will begin revamping CX, moving user experiences into
device end-points and revising traditional omnichannel constructs and
frameworks. With edge computing, brands will be able to engage with customers
at an unprecedented speed and reduced latency, resulting in a
hyper-personalized, omnichannel experience even as customers access services
from millions of different devices.
5. Automation spurs organizations to
move customer support to onshore facilities
With
the onset of automation now able to handle most simple service tasks, only more
complex requests are making their way to actual customer support agents,
resulting in conversations that are increasingly difficult to navigate. For
companies operating offshore customer support facilities, language barriers and
cultural differences can make it challenging to meet this new standard and
provide the most efficient service.
As
automation continues to rise, 2020 will see more companies moving their
customer support operations onshore, creating new jobs as they invest in
domestic support agents to deliver the most high-quality experiences.
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About the Author
Philip
leads product strategy in Sutherland. He works with our user experience,
design, and technology platform teams to define new customer solutions and innovations
for our clients. Over the past 15 years, Philip has applied his expertise in
product management, solution marketing, and systems consulting to bring new
solutions to market for financial management, analytics, cloud computing, and
customer relationship management. He is a lifelong learner and maker at heart.