Firms seek help with automation, expert
skills as outstanding customer experience becomes essential to
business success, ISG Provider Lens™ report says
Enterprises worldwide are turning to service providers to
transform contact center customer experience, increasingly
important for winning and keeping new customers, according to a new
research report published today by Information Services Group (ISG)
(Nasdaq: III), a leading global technology research and advisory
firm.
The 2023 ISG Provider Lens™ global Contact Center — Customer
Experience Services report finds that many companies have elevated
customer experience (CX) to a key competitive differentiator
discussed in board meetings and disclosed in financial reports.
However, traditional contact centers are not delivering the CX that
enterprises want, especially in customer-centric industries such as
retail, banking and healthcare, so the field is being disrupted by
new approaches and technologies.
“Changing consumer expectations have multiplied the complexity
of providing exceptional customer experience,” said Wayne
Butterfield, partner at ISG. “In order to keep up, more companies
are engaging with service providers for contact center
expertise.”
Enterprises are embracing automation for some contact center
functions, but they recognize that excellent CX requires a fine
balance between technology and people, ISG says. To serve emerging
CX needs, leading service providers are building teams of highly
skilled agents who understand specific industries and can resolve
the most complex requests.
Companies are turning to service providers for an assessment of
their digital maturity and a holistic understanding of customer
expectations, the report says. By introducing best practices,
providers enable clients to roll out new CX capabilities quickly
and provide a seamless experience across multiple channels.
AI has taken on a central role in contact center systems as more
enterprises adopt it and develop innovations, ISG says. AI-based
tools are improving CX through features such as conversational AI
and intelligent interactive voice response, while data analytics
help improve agents’ experience by providing information about
customers’ queries and suggestions for how to respond to them.
Generative AI is already starting to enter the picture, with
enterprises identifying use cases and launching proofs of concept
for applications such as near-real-time translation and content
moderation, ISG says. However, most enterprises are moving
cautiously due to concerns about the current state of security.
“AI and analytics are prime areas of interest in contact center
CX,” said Jan Erik Aase, partner and global leader, ISG Provider
Lens Research. “Enterprise adoption is rising exponentially, and
generative AI may fuel even faster growth with appropriate support
from service providers.”
The report also explores other global trends in contact center
services, including the impact of permanent hybrid work modes and
of environmental, social and governance requirements.
For more insights into the customer experience challenges facing
enterprises and advice on how to address them, including how to
ensure service providers can retain specialized talent, see the ISG
Provider Lens™ Focal Points briefing here.
The 2023 ISG Provider Lens™ global Contact Center — Customer
Experience Services report evaluates the capabilities of 32
providers across four quadrants: Digital Operations, Hybrid Working
Solutions, Intelligent CX (AI & Analytics) and Social Media CX
Services.
The report names Foundever, Sutherland, Teleperformance and WNS
as Leaders in all four quadrants. It names Atento, Concentrix,
Conduent, Genpact and HGS as Leaders in three quadrants each.
Alorica, Movate, Tech Mahindra, Transcom and TTEC are named as
Leaders in two quadrants each, and Cognizant, Startek and Webhelp
are named as Leaders in one quadrant each.
In addition, Hexaware is named as a Rising Star — a company with
a “promising portfolio” and “high future potential” by ISG’s
definition — in two quadrants. Infosys and Movate are named as
Rising Stars in one quadrant each.
Customized versions of the report are available from Foundever,
Hexaware, Movate and WNS.
The 2023 ISG Provider Lens™ global Contact Center — Customer
Experience Services report is available to subscribers or for
one-time purchase on this webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Brazil,
the U.K., France, Benelux, Germany, Switzerland, the Nordics,
Australia and Singapore/Malaysia, with additional markets to be
added in the future. For more information about ISG Provider Lens
research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype
reports, offer a first-of-its-kind evaluation of providers from the
perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,600
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230920321455/en/
Press:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG +1 978-518-4520
isg@matternow.com
Information Services (NASDAQ:III)
Historical Stock Chart
From Nov 2023 to Dec 2023
Information Services (NASDAQ:III)
Historical Stock Chart
From Dec 2022 to Dec 2023