revenue streams and a competitive advantage...Benefit with new innovative revenue streams and a...

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Benefit with new innovative revenue streams and a competitive advantage An IDC Infographic Sponsored by Axway. In 2017, IDC interviewed 602 senior executives in large global enterprises. THE RISE OF CUSTOMER EXPERIENCE NETWORKS Benefit with new innovative revenue streams and a competitive advantage An IDC Infographic sponsored by Axway. In 2017, IDC interviewed 602 senior executives in large global enterprises Enterprises recognize the need for superior customer experiences 71% say "Customer Experience" is their most important digital initiative ... and that digital initiatives deliver business results: 65% 60% 54% Faster product/service delivery New revenue streams New business models 1 Omnichannel isn't delivering... 86% don’t consider omnichannel as "a key differentiator and source of competitive advantage" 38% consider their omnichannel initiatives as "ad hoc/random" or "opportunistic" Over of enterprises have had omnichannel technical challenges with 50% secure data movement, updating customer profiles and Over of enterprises have had omnichannel business problems with 1/3 presenting a consistent brand, customer channel preferences and digital silos 2 41% say "omnichannel systems fail to provide a unified and real-time view of customer experience" Customer Experience Networks enable better customer experiences through co-innovation Digital Transformation Customer Experience 3 Customer Experience Networks Scalable customer and stakeholder network connections Customer-centric real-time responsive innovation Collaborative and strategic co-innovation Benefits APIs are central to Customer Experience Networks 88% consider secured, externally available APIs to be important when implementing already use APIs to 4 76% 73% 72% 49% Customer Experience Networks and enable collaboration increase innovation Financial Services companies use or plan to use APIs as a channel mechanism organizations use or plan Healthcare co-innovation value chains in of of companies use or plan to use APIs Manufacturing to connect their supply chains of to use APIs to enable Industry leaders benefit from Customer Experience Networks 32% 29% USE PLAN TO USE 68% 53% 68% increased their revenue streams 53% have benefited from new distribution channels Source: The Role of Customer Experience (CX) Networks in Delivering Value-Based Digital Transformation, IDC Infobrief, sponsored by Axway, May 2017 5 Future demand for Customer financial services, healthcare supply chain and Experience Networks will be especially strong in For more details on the IDC research visit All IDC research is © 2017 by IDC. All rights reserved. All IDC materials are licensed with IDC's permission and in no way does the use or publication of IDC research indicate IDC's endorsement of Axway’s products or strategies. http://axway.com/cxn http://axway.idciview.net To learn how Axway can help you build a customer experience network, visit

Transcript of revenue streams and a competitive advantage...Benefit with new innovative revenue streams and a...

Page 1: revenue streams and a competitive advantage...Benefit with new innovative revenue streams and a competitive advantage An IDC Infographic Sponsored by Axway. In 2 0 1 7 , I DC i nte

Benefit with new innovative revenue streams and a competitive advantageAn IDC Infographic Sponsored by Axway. In 2017, IDC interviewed 602 senior executives in large global enterprises.

THE RISE OF CUSTOMEREXPERIENCE NETWORKSBenefit with new innovative revenue streams and a competitive advantage

An IDC Infographic sponsored by Axway. In 2017, IDC interviewed 602 senior executivesin large global enterprises

Enterprises recognize the need forsuperior customer experiences

71% say "Customer Experience" is theirmost important digital initiative

... and that digital initiatives deliver business results:

65% 60% 54%

Faster product/service delivery New revenue streams New business models

1

Omnichannel isn't delivering...

86%don’t consider omnichannel as"a key differentiator and sourceof competitive advantage"

38%consider their omnichannelinitiatives as "ad hoc/random"or "opportunistic"

Over                 of enterpriseshave had omnichanneltechnical challenges with

50%

secure datamovement,    updatingcustomerprofiles

and

Over             of enterprises have hadomnichannel business problems with

1/3presenting aconsistent brand,customer channelpreferences and

digital silos

2

41%say "omnichannelsystems fail toprovide a unifiedand real-time viewof customerexperience"

Customer Experience Networksenable better customerexperiences through co-innovation

Digital Transformation

Customer Experience

3

Customer Experience Networks

Scalablecustomer andstakeholder

networkconnections

Customer-centricreal-time

responsiveinnovation

Collaborativeand strategic co-innovation

Benefits

APIs are central to CustomerExperience Networks

88%consider secured, externallyavailable APIs to be importantwhen implementing

already use APIs to

4

76% 73% 72%

49%                      Customer

Experience Networksandenable collaboration

increase innovation

FinancialServices companiesuse or plan to use APIs as a

channelmechanism

organizations use or planHealthcare

co-innovationvalue chainsin

of ofcompanies use or plan to use APIs

Manufacturingto connecttheir supplychains

of

to use APIs to enable

Industry leaders benefit fromCustomer Experience Networks

32%

29%

USE

PLAN TO USE

68%

53%

68% increased theirrevenue streams

53% have benefitedfrom new distributionchannels

Source: The Role of CustomerExperience (CX) Networks in

Delivering Value-Based DigitalTransformation, IDC Infobrief,

sponsored by Axway, May 2017

5

Future demand for Customerfinancial services, healthcare

supply chainand

Experience Networks will beespecially strong in

For more details on the IDC research visit

All IDC research is © 2017 by IDC. All rights reserved. All IDC materials are licensed with IDC's permission and in no way doesthe use or publication of IDC research indicate IDC's endorsement of Axway’s products or strategies.

http://axway.com/cxn

http://axway.idciview.net

To learn how Axway can help you build a customer experience network, visit