Half of CX Leaders feel Wait Times will be Eliminated Three Years

Over half of CX leaders feel wait times will be eliminated in as little as three years – New research predicts big changes in the industry, with Zendesk having the potential to manage 20 billion customer service tickets a year by 2027

Customer experience (CX) leaders are planning to operate in a radically different landscape in as little as three years, according to a new study of over 1,300 senior CX leaders from Zendesk. Over two-thirds (68%) of those in the UK expect an end to traditional CX as we know it, giving way to radically different industry dynamics.

The majority (69%) of UK CX leaders believe the volume of customer service interactions will increase five times by 2027. With Zendesk, over four billion tickets are created per year, which suggests this could balloon to approximately 20 billion in as little as three years.

However, artificial intelligence (AI) is widely regarded as a pivotal solution to help the industry manage this large influx, with four-fifths (80%) agreeing it will change everything about CX, and over three-quarters (77%) stating that it will make or break businesses.

In terms of where AI can offer future potential, UK CX leaders believe that AI agents like chatbots will become equipped to handle questions of any complexity (78%), while self-service has the potential to become fully automated and self-updating, ensuring seamless handoff when human intervention is necessary (79%). Many also believe that AI capabilities will advance to offer solutions and offers to customers pre-emptively based on past interactions (79%), and that its tone of voice will adapt to emotional cues and reflect brand voice (74%).

With these AI capabilities adopted, over half (55%) say that wait times in the UK could disappear within the next few years, as almost two-thirds (62%) believe that customers will no longer get trapped in endless cycles with bots thanks to advanced systems ensuring seamless escalation to human agents when needed.

Despite this, CX leaders in the UK recognise hurdles over the next few years. Only a quarter (25%) currently regard their AI adoption as advanced, indicating work to be done across the industry. Some of the top barriers currently holding them back from AI include:

• Determining how to maintain the human touch (81%)
• Staying compliant with changing data regulation laws (79%)
• Customer acceptance of AI-driven customer service (78%)

As a result, efforts are currently focused around areas such as improving data and cyber security (40%) and investing in new technologies (39%) to enhance capabilities.

Eric Jorgensen, VP EMEA at Zendesk, commented,

“The UK market has already adapted tremendously over the past few years, with the impact of the pandemic and global inflation changing the way both consumers and organisations see the customer experience,”

“AI is the next big frontier across the industry. But in contrast to previous disruptive forces, it has the means to bring a positive impact, evidenced by the fact that leaders feel it has the potential to eliminate wait times in only the next three years. Once we tackle and overcome considerations around acceptance, regulation and security, AI will bring a great transformation to our industry. But it must be approached in a thoughtful and responsible way to truly improve experiences for CX teams and their customers.”

 

 

For additional on the full ‘Future of AI-powered CX’ report Click Here

Zendesk is on a mission to simplify the complexity of business and make it easy for companies and customers to create connections. Our customer experience software unlocks the power of billions of interactions, enabling businesses to build rich, meaningful relationships with their customers. The company was conceived in Copenhagen, Denmark, and today operates in more than 20 countries around the world. Learn more at Zendesk.

Methodology: Zendesk conducted a global survey of over 1,300 senior CX leaders, those at the VP level or higher, from countries including Australia, Brazil, India, Mexico, Singapore, Spain, the UK, and the US, to gather insights into their perspectives and predictions for the future of CX over the next three years.

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