As Artificial Intelligence (AI) technology rapidly reshapes the connectivity industry, the next five years will be transformative in Customer Experience (CX). AI-driven tools and digital interfaces are redefining customer relationships. Personalized interactions and customer loyalty are more attainable than ever. With AI applications emerging for almost every type of customer touchpoint, the future looks bright for CX. This month on our blog, we wanted to see how bright. We turned to top industry leaders across various disciplines to gain a holistic view of digital transformation and the opportunities it presents to enhancing customer experiences in the AI era.
We asked experts in Artificial Intelligence, CX, Media + Content, and Technology: How will the digital transformation redefine customer experience in the next five years? Their answers provided valuable insight.
AI will improve customer experience for communication service providers (CSPs) in the next five years. AI can analyze customer viewing history and preferences to recommend relevant content, reducing time spent searching. AI-powered virtual customer assistants can help with tasks such as billing and troubleshooting, reducing the need for human customer service representatives. AI can predict and prevent technical issues, proactively address them, reducing the likelihood of service interruption and improving customer satisfaction. AI can also deliver targeted advertising based on viewing habits, generating additional revenue for providers, and helping advertisers reach desired audiences. By leveraging AI and machine learning, CSPs can deliver personalized, efficient, and seamless experiences that enhance their services’ value.
“Looking ahead, our ability to build and maintain trusted customer relationships remains the foundation of our success”
—Suzanne Foy, COX Communications
With the increasing sophistication of AI, digital capabilities enable the experience across all customer engagements. Customers expect real-time service visibility and self-management options, backed by empowered support teams. This digital-enabled transparency requires that we work as one organization. We must remain thoughtful in our processes, policies, and decisions as gaps will be more visible. Be more agile as the pace gets even faster. Continue to approach customer data with heightened sensitivity. And we must work even harder to meet customers’ needs as people, not just profiles. Ultimately, digital transformation gives us more tools, more capabilities, and more data. Looking ahead, our ability to build and maintain trusted customer relationships remains the foundation of our success. Maybe the real question is, how does customer experience drive our digital transformation, not the other way around?
Digital transformation is changing the position of telcos in the ecosystem and how we, and our employees, work and engage with our customers, industry peers, and those who have traditionally been considered “disruptors” or purely as “vendors.” The acceleration of digital, automation, and self-service, along with the emergence of Network-as-a-service (NaaS), are enabling superior product flexibility and customization to enterprise and consumer needs, making our networks usable by applications well beyond the traditional communications space. NaaS is also adding on who we perceive as the “customer,” with a two-sided market emerging with developers as the customer for APIs, needing advocacy and engagement at a different level. This change in what we can sell is unlocking wider collaborations, for example Liberty Global and AWS, where automation, API exposure, and AI-based solutions are improving customer care effectiveness, employee collaboration, customer journeys simplification, and the way customers interact with and use our services, creating customizable in-home and mobile ‘on-the-move’ experiences that truly fulfill the needs and wants of individual customers.
“Businesses will build rich(er) connections with customers, driving loyalty and satisfaction to unprecedented levels. These are exciting times for entrepreneurs and intrapreneurs in big and small businesses alike”
—Todd A. Porch, Strategus
Digital transformation will materially recast the concept of CX for all audiences over the next couple of years. Advanced AI and machine learning algorithms will drive dynamic customization, thus creating bespoke engagements that anticipate customer needs and desires with unprecedented accuracy. The proliferation of exponentially more connected devices will create increased opportunities for businesses to drive unique and more personal customer connections. These will pave the way for creativity and innovation for those that want to stay ahead. Iterating in the emerging augmented reality (AR) and virtual reality (VR) worlds will be something to keep your finger on. Additionally, the data and analytics will be easier to access, which will affect real-time or near real-time decisioning. This transformation and these advancements will not only streamline customer interactions but also create proactive, engaging, and differentiated experiences. Businesses will build rich(er) connections with customers, driving loyalty and satisfaction to unprecedented levels. These are exciting times for entrepreneurs and intrapreneurs in big and small businesses alike.
The experts agree: AI is reshaping the landscape of CX, driving new possibilities for transformation, efficiency, and deeper connections. Here at Syndeo Institute we share this vision and are committed to empowering our partners through our Intrapreneurship Academy to incorporate AI strategically within their CX frameworks. We aim to equip partners not only to welcome AI but to master its potential—cultivating resilience, adaptability, and a forward-thinking mindset that keeps them ahead in the world of constant innovation. With new AI developments around every corner, our mission is to ensure our partners are agile and equipped to navigate every technological advancement with confidence. Together, we’re not just adapting to the future; we’re shaping it.
Read more insights in our 2024 Intrapreneurship & Innovation Report.