Customer Service Considerations For 2025

Esteban Kolsky

OK, enough bashing plagiarists … let’s go back to real work. Last year (I know, sounds like way farther back than it really is) in November I ran a research project for one of my clients. The Microsoft Dynamics CRM team (customer service branch) asked me what I thought were the most interesting questions I had collected over the year in Customer Service.

Sizing The AI Software Market: Not As Big As Investors Expect But Still $37 Billion By 2025

Forrester's Customer Insights

Forrester forecasts the AI software market will grow to $37 billion by 2025. Find out what's driving the growth and where the limitations are in this blog post. Age of the Customer AI Insights

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What will customer self-service look like in 2025?

Eptica

Date: Wednesday, April 1, 2020 Author: Steve Nattress What will customer self-service look like in 2025? Published on: April 01, 2020. Author: Steve Nattress Self - service is already a key part of delivering the customer experience that today’s consumers expect.

À quoi ressemblera le self-service client en 2025 ?

Eptica

Date: Friday, Avril 17, 2020 Author: Steve Nattress À quoi ressemblera le self-service client en 2025 ? Publié le: 17 Avril 2020.

Characteristics of a Winning Loyalty Program in 2025

Currency Alliance

If companies keep operating their loyalty programs like they did in 2000, then by 2025 it’s likely they’ll be investing a lot of money in programs that their customers use only once, and quickly recognize it could be a decade before they reach interesting rewards.

The Application Security Market Will Grow To $12.9 Billion By 2025

Forrester's Customer Insights

Earlier this year, when I published “The State Of Application Security, 2021,” I highlighted how organizations were prioritizing application security and aggressively adopting a range of tools to support their efforts.

Tools 26

Striking a balance: ethics in the data age

Perceptive

By 2025, humans will create 463 exabytes of data every day 1. That’s 463,000,000 terabytes. And new technologies mean we can explore and gather this data in sophisticated and exciting ways, allowing us to connect, innovate, modernise and fuel our economy. Data Science

Data 83

Is the Net Promoter Score Really So Bad?

Heart of the Customer

So, Gartner predicted that, by 2025, 75% of companies will stop using NPS to measure their customer support program. I’m calling BS. Now, I am a bit jealous, because it’s great click bait.

How to Lead in a Crowded Streaming Media Market

Alida

compound annual growth rate (CAGR) between 2021 and 2025. The streaming media market is, at times, a tale of contrasts. On one hand, the market is booming: According to MarketsandResearch, the global streaming media market is on pace to expand at a 23.2%

Designing a better telehealth experience

Lenati

Telehealth forecasted to grow sevenfold by 2025. Demand for telehealth set to soar 65%. 250b to shift to telehealth after COVID-19. Telehealth claim lines increased 4,347% nationally. These are just […]. The post Designing a better telehealth experience appeared first on PK.

An Open Letter to My Friends in IT

Heart of the Customer

Those digital adoption goals set for 2025? Dear IT colleagues, This is our time to shine. As the world changes rapidly, your company is looking to you to deliver the digital transformations necessary to support a new reality for your customers. They’ve been moved up to 2021. With urgency.

ROI 83

4 Innovations Enabling Truck Roll Optimization

TechSee

By 2025, the IDC predicts that the number will rise to 41.6 of data by 2025. . Gartner reports that by 2025, customer service organizations that embed AI in their customer engagement center platforms will increase their operational efficiency by 25%.

The Relationship Economy: Building Stronger Customer Connections in the Digital Age

The DiJulius Group

In 2025, there will be more machines in the workforce than human beings. Technology is changing the world but not always for the better. There are restaurants now that literally don’t have a human being employee.

SAP Makes The Right Decision By Extending Support For Business Suite 7

Forrester's Customer Insights

This won’t surprise many people, because the 2025 deadline was unrealistic given how slowly SAP’s customers are moving to S/4HANA. SAP today announced that it will continue to support customers on Business Suite 7 until 2030.

Millennials Want Credible, Digital Content: So Give It To Them!

Forrester's Customer Insights

labor force will be run by 18 to 35-year-olds by 2025, many studies (like this […]. Mmmmm … Millennials. If you haven’t already heard (about a million times), this generation is taking over the workforce. And becoming more responsible for making purchase decisions while on the job.

Study 48

Boosting Field Service Efficiency with Augmented Reality

TechSee

In fact, Gartner predicts that by 2025, over 50% of field service management deployments will include mobile AR collaboration and knowledge-sharing tools, up from fewer than 10% in 2019.

Travel 174

The Future Of Banking Has Arrived

Forrester's Customer Insights

The drivers of the future are evolutions of the past – some playing out now, others that will be far more prominent by 2025 and table stakes by 2030. […].

Enabling Smarter Engagement Through Personalized Proactive Communication

Rant And Rave

Analysts predict the global Customer Experience Management marketplace to explode to a staggering $33bn by 2025. This fills me with supreme confidence, and a huge amount of excitement, as Upland’s Customer Experience Management (CXM) division primes itself to deliver our customers with a significant opportunity to leverage solutions that help them to continue driving loyalty and advocacy from their customer base. Customer Experience

Make Sure your CX is Switched on During the Big Switch-Off

Cyara

In 2015, British Telecom (BT) announced it would be switching off the UK’s legacy PSTN and ISDN networks by 2025, forcing all customers to shift to IP-based VoIP (Voice Over IP) and SIP (Session Initiation Protocol) telephony services. Rather than a chore, to me this represents an opportunity for companies in the UK to take advantage of new cloud technology and improve their customer experience at the same time.

Customer service trends for 2021: Top analyst predictions

TechSee

A recent Gartner report predicts that by 2025, customers will pay a freelance customer service expert to address 75% of their service needs. According to Gartner research, by 2025, 40% of customer service organizations will become ?profit

Trends 115

Telecom-Only = Disrupted

Forrester's Customer Insights

My theme at PTC’19 this week was that telecommunications and colocation companies who maintain a focus on their traditional value propositions will be fully disrupted by 2025. Customers, in the era of cloud computing and embracing the shift to business agility, don’t want long-term commitments to fixed capacities of these resources. Their infrastructure consumption is […]. cloud computing edge computing PTC'19

5 Top Customer Service Articles For the Week of April 5, 2021

Hyken

Customer experience in 2025: here’s where we’re heading by Chris McGugan. ClickZ) By 2025, it’s likely that nine dollars of every $10 will be spent on the digital experience versus phone/voice.

Tips 79

The Future Of Banking: Sneak Peek Into Our Upcoming Research

Forrester's Customer Insights

These themes are already starting to play out now but will be far more prominent by 2025 and table stakes by […]. As part of our upcoming research report on the future of banking, Jacob Morgan and I have been interviewing financial services experts around the globe.

TechValidate survey findings: how customers are using Quadient

Quadient

In a recent report from IDC estimates are that the world will create 180 zettabytes of data in 2025, up from less than 10 zettabytes in 2015. Enterprises and organizations continue to be inundated with data. With that much data being created, IDC analysts argue that data monetization will become a major source of revenue for organizations in the future

Data 40

AI IRL Podcast Episode 41: 3 Questions to Avoid Bias in 2020

Bold360

Right now, there’s this expectation that in customer service, 95% of all customer interactions are going to be driven by AI by 2025,” Vasco said. In customer service, 95% of all customer interactions are going to be driven by AI by 2025.”

Customer Self Service – What the Future Holds

TechSee

by 2025. by 2025 , the trajectory toward fully visual customer self service is well established. For your copy of “What Self Service Will Look Like in 2025,” a truly eye-opening eBook, click here. More companies than ever are tapping into the power of AI customer service technologies to enhance efficiency and positively impact the lives of consumers, and with good reason.

eBook 101

Why are Top Brands Embracing AI Chatbots?

Comm100

By 2025 the chatbot industry is expected to be worth $1.25 By 2022, CNBC predicts that 75-90% of customer queries will be handled by a chatbot.

Brands 208

Ridesharing: The Millennial Effect

QuestionPro Audience

By 2025, millennials will represent 75% of the workforce and 46% of total US income. Ridesharing services like Lyft and Uber are here to stay. According to a recent report from SharesPost , consumers are using ridesharing services more than ever before. In fact, U.S ridesharing adoption jumped 15 points to 53% in 2017. This is in part due to the continued popularity among millennials, who make up 57% of all rideshare passengers.

Leveraging Emerging Technologies In The Transformation Of “Made In China”

Forrester's Customer Insights

I recently published a report — “Emerging Technologies Are Transforming ‘Made In China’” — in which I discuss how manufacturing CIOs should leverage emerging technologies to drive their transformation under the “Made in China 2025” initiative.

Stop Ignoring the Impact AI Can Have on Your Business TODAY

NICE inContact

Will “The Robots” take over completely by 2021, 2025, 2050? With all the hype and promised potential of AI , how much of that will really come to life? And how will it impact our businesses? Will facial recognition play a part? Can phone or home assistants like Siri or Alexa become helpful office assistants or agents? The potential of AI – more so, the reality of AI – becomes even more believable as we experience it ourselves. I recently upgraded my phone.

Choose 3 Focus Areas for Your Continuous Learning Strategy

One Millimeter Mindset

The 2020 World Economic Forum identified these Top 10 critical professional skills for 2025. Sort each of those courses (and your prior certs) under each of the following top 10 professional skills for 2025. Does a continuous learning strategy fit into your professional roadmap?

The shift from cost center to OPPORTUNITY center

NICE inContact

By 2025, the contact center will have evolved into an experience center and it will be viewed within the context of overall business goals. By 2025 there will be far more scope for products to not perform as expected due to shorter product lifecycles, faster time-to-market and more complexity, with elements sourced from third parties. In the past, call centers and contact centers were seen as ‘a necessary evil’ to doing business – a cost that needed to be managed and minimized.

Turning the COVID-19 crisis into an opportunity

Eptica

What will customer self-service look like in 2025? Date: Tuesday, April 28, 2020 Author: Manuela Pifani, CXellence Consulting Turning the COVID-19 crisis into an opportunity. Published on: April 28, 2020.

How To Scale Service Design: Technology

Kerry Bodine

Working for the Royal Bank of Scotland, this ambitious group analyzed how current trends could transition from present day to the future context of 2025. Brian Cooper, UX Design Manager at RBS, said of the work, “We have made heavy use of the poster describing the UK in 2025 throughout our projects, reminding people of the broad range of trends that influence how customers think and act.”.

5 Ways Home Security Firms can Boost CX with Visual Assistance

TechSee

billion by 2025. The future of the market for home security firms is bright. Rising crime rates, falling prices of home security devices, and the growing adoption of IoT smart homes and cloud-based technologies are driving the sector to an estimated $62.3

AI Chatbots Vs. Human Powered Live Chat: Which is Winning the Customer Service Game?

Provide Support

billion by 2025, a compounded annual growth rate (CAGR) of 24.3%. AI Chatbots Vs. Human Powered Live Chat. Predicting what the future of customer service will be like a few years from now there is absolutely no room for doubt that artificial intelligence is going to transform the way businesses interact and engage with customers. In fact, chatbots are already dramatically changing the way customer service is provided in various industries.

2021: Emerging AI trends in the telecom industry

TechSee

According to Gartner, the number of CSPs investing in artificial intelligence (AI) technologies for improving their infrastructure planning, operation, and products will rise from 30% in 2020 to 70% in 2025. billion by 2025, a CAGR of 21.9% No longer limited to providing basic phone and Internet service, the telecom industry is at the epicenter of technological growth, led by its mobile and broadband services in the Internet of Things (IoT) era.