Tue, 28 Apr 2026

Blueprint for safe, scalable AI in regulated markets

The banking sector in Asia is experiencing a profound shift driven by artificial intelligence, with agentic AI—systems capable of autonomous planning, reasoning, and action—emerging as a key transformer. Coming into 2026, analyses from McKinsey, Capco, and others highlight rapid investments in AI, enabling hyper-personalisation, operational efficiency, and new revenue opportunities amid supportive regulatory environments in […]

Throwing a light on the rainbow model: Opening stores intelligently

Since its founding in 1984, Rainbow has grown into one of China’s biggest chain retailers. Now, in the innovative city of Shenzhen, Rainbow is leading the way with cutting-edge digital technologies to redefine smart retail and create unprecedented growth. At 10:30 in the morning on a Saturday, the Rainbow Shopping Mall in Shenzhen’s Bao’an District […]

AI literacy to ensure business value realisation

Photo by Thirdman: https://www.pexels.com/photo/a-group-of-people-having-a-meeting-in-the-office-7652046/

The most successful organisations are those that practice robust AI literacy, prioritising sustainable, cost-effective RAG systems that secure proprietary data and leverage converged content to enhance human capabilities and ensure lasting digital visibility.

AI agents can address bugbear in customer experience, but data issues persist

Photo by Negative Space: https://www.pexels.com/photo/marketing-office-working-business-33999/

Already tipped to potentially change the way businesses operate, artificial intelligence (AI) agents are expected to also bring a much-needed breath of fresh air into customer service. Data issues, though, will still need to be resolved. Agentic AI has been forecast to fuel $227 billion in global spending this year, with 97% of Asia-Pacific business […]

Heineken taps GenAI with aim to brew better as it seeks real-time data

Photo by Heineken: https://www.theheinekencompany.com/newsroom/media-gallery/

It may not seem like a likely early adopter of emerging technologies, but Heineken hopes its investment in generative AI (GenAI) will yield better brews, even as it works to improve access to quality data. The Dutch beer brewer in March 2025 launched its global GenAI lab in Singapore, in collaboration with local government agency […]

GXS Bank sees gains in monitoring accuracy and productivity with AI

Photo by Ron Lach: https://www.pexels.com/photo/person-facing-a-big-screen-with-numbers-9783346/

Turning to automation and artificial intelligence (AI) has helped GXS Bank not only double its productivity, but also improve its ability to identify high-risk transactions, such as money laundering activities. Monitoring transactions is a critical part of the digital bank’s operations to ensure its financial ecosystem is protected against malicious actors, GXS Bank CTO Rajat […]

PodChats for FutureCIO: AI agents What you need to know (separate hype from reality)

A chatbot is an artificial intelligence program that chats with you. The first chatbot, Eliza, was developed by MIT professor Joseph Weizenbaum in the 1960s. Six decades later, we have ChatGPT, Google Gemini, and Microsoft Copilot, joining Alexa and Siri. What are AI agents? While chatbots use pattern matching and natural language processing to interpret […]

Jollibee executives global customer experience program

In a strategic move to elevate customer experiences and drive growth across its brands, Jollibee Group signed a multi-year agreement with Qualtrics as its partner for a new global customer experience (CX) program. This agreement aims to enhance the customer interactions at renowned brands such as Jollibee, The Coffee Bean and Tea Leaf, and Smashburger. […]

Leveraging TX and CX for growth

While TX ensures a seamless experience across all touchpoints, CX hones in on delivering value to the people who matter most: the customers.

Juniper Networks unveils first blueprint for accelerating AI-native network platform adoption

Photo by cottonbro studio: https://www.pexels.com/photo/person-using-a-white-computer-set-5185153/

Juniper Networks announced its Blueprint for AI-Native Acceleration, which aims to accelerate each stage of adoption of the company’s AI-Native Networking Platform and enable customers to deploy It up to 9x faster. “Juniper’s new Blueprint for AI-Native Acceleration perfectly complements our industry-leading portfolio with a package to guide CIOs and their teams through the journey, addressing potential […]

Financial services brands lack competitive differentiation, study finds

Photo by RDNE Stock project: https://www.pexels.com/photo/person-in-white-dress-shirt-using-a-calculator-5915230/

Forrester’s Singapore Customer Experience Index annual study found that the average customer experience (CX) quality of the brands is merely “OK.” It also found that the average industry scores across the banking, investment, and home and auto insurance industries mainly remained flat, indicating a lack of improvement in the overall CX quality. The three sectors logged […]

Tech trends highlighted in Gartner 2024 Hype Cycle for Emerging Technologies

Image by Tung Nguyen from Pixabay

The Hype Cycle for Emerging Technologies, 2024, by Gartner, Inc., unveils a promising future with 25 disruptive technology trends that hold immense potential and fall into four key areas: autonomous AI, developer productivity, total experience, and human-centric security and privacy programmes. “Generative AI (GenAI) is over the Peak of Inflated Expectations as the business focus continues to shift […]

Globe collaborates with Red Hat Open Innovation Labs to modernise IT infrastructure

Photo by cottonbro studio: https://www.pexels.com/photo/men-sitting-at-the-desks-in-an-office-and-using-computers-6803551/

Globe and Red Hat, Inc. partner to modernise Globe’s IT infrastructure with Red Hat Open Innovation Labs to enhance customer experience. “Globe’s engagement with Red Hat Open Innovation Labs has been pivotal in enhancing its technological capabilities and service offerings. By leveraging Red Hat’s open-source solutions, including Red Hat OpenShift, Globe has modernised its IT […]

Alibaba Cloud and Shiseido China partner for AI-driven DRUNKGPT

Photo from Drunk Elephant https://www.facebook.com/photo/?fbid=645381740965005&set=a.645381734298339

Alibaba Cloud announced that Shiseido‘s Drunk Elephant‘s new DRUNKGPT technology had deployed its proprietary large language model, Qwen, to develop a 24/7 AI-powered skincare assistant that addresses consumer skincare concerns and provides personalised advice. Retail innovation Yosano Masahiro, head of solution architect for Japan at Alibaba Cloud, said: “We have seen growing demand from customers […]

Baiduri Bank and HID partner to streamline banking security and authentication

Photo by maitree rimthong from Pexels: https://www.pexels.com/photo/person-putting-coin-in-a-piggy-bank-1602726/

HID announced its partnership with Baiduri Bank to implement HID Approve, powered by the HID Authentication Platform, across its consumer and corporate banking platforms, providing a single trusted authentication source for customer identity. Lena Abdelahad, VP of the Authentication Business Unit at HID, said, “We are committed to providing solutions that help protect banking customers’ […]

Yellow.ai launches Analyze to elevate CX automation

Photo by Mikhail Nilov: https://www.pexels.com/photo/shallow-focus-of-woman-working-in-a-call-center-7682340/

Yellow.ai has unveiled Analyze, an automation platform powered by an in-house LLM to improve bot interactions with in-depth conversational insights and advanced self-learning capabilities.  It claims to reduce ticket volume by 30% and boost containment rates by 10%. Yellow.ai’s Analyze aims to provide detailed insights and uses this information to improve the bot’s ability to […]

Bank Pembangunan Malaysia Berhad accelerates HR transformation with Workday 

Photo from https://www.facebook.com/bankpembangunanmalaysiaberhad

The Bank Pembangunan Malaysia Berhad (BPMB) has successfully deployed Workday Human Capital Management (HCM) to accelerate its digital transformation journey. “The changes and dynamism seen in the market landscape require businesses to have the right systems in place that can be agile in enabling and supporting business leaders to be decisive in their strategic planning and execution. […]

Doctor Anywhere accelerates customer experience with Zendesk

Photo by Negative Space: https://www.pexels.com/photo/computer-desk-laptop-stethoscope-48604/

Doctor Anywhere has forged a partnership with Zendesk to scale and deliver better support for its users with Zendesk’s Suite, an offering that converges the service capabilities of Zendesk with messaging, analytics, community forums, and collaborations. “Delivering a seamless and intuitive healthcare experience has always been at the core of Doctor Anywhere, serving as the […]

Salesforce and Workday unveil new AI employee service agent 

Photo by Tara Winstead: https://www.pexels.com/photo/clear-mannequin-on-dark-blue-background-8386365/

Salesforce and Workday forged a partnership to deliver an AI-powered assistant that claims to automate tasks, provide personalised support, and surface data-driven insights that help employees work smarter and faster. Combining Salesforce’s new Agentforce Platform and Einstein AI with the Workday platform and Workday AI will enable organisations to create and manage agents to drive employee and customer […]

ServiceNow and Boomi partner to elevate customer experiences through AI-powered self-service

Photo by Tara Winstead: https://www.pexels.com/photo/robot-pointing-on-a-wall-8386440/

ServiceNow and Boomi announced a partnership to elevate customer experiences through AI-powered self-service. “This collaboration not only empowers Boomi and ServiceNow customers to harness the full potential of AI and automation but also sets the stage for a new era of seamless, personalised business transformation, all built on reliable and trusted data,” said Steve Lucas, CEO […]

AWS and Workday expand partnership to build GenAI capabilities

Photo by fauxels: https://www.pexels.com/photo/man-and-woman-near-table-3184465/

Amazon Web Services, Inc. (AWS) expands its partnership with Workday, Inc. to build generative artificial intelligence (genAI) capabilities, innovate customer experiences, and help accelerate customer cloud transformation. “By leveraging AWS, we can focus more directly on that goal while using the tools and services they provide for a range of model management and operations,” said Shane […]

Lion Parcel integrates GenAI with Salesforce to optimise customer service

Photo from Lion Parcel https://lionparcel.com/about

Lion Parcel, an Indonesian logistics service provider, has forged a partnership with Salesforce to optimise customer service through generative AI (GenAI) integration. Budi Santoso, chief experience officer at Lion Parcel, said, “Using Salesforce and AI solutions, we can effectively analyse and take action on real-time customer data on one platform and deliver superior customer service […]

Digital CX and design trends

Photo by Porapak Apichodilok: https://www.pexels.com/photo/woman-wearing-white-romance-printed-crew-neck-t-shirt-while-sitting-on-brown-wooden-chair-346741/

Every year, Forrester’s CX analysts identify top trends in digital customer experience (CX) and design. We’ve just completed this exercise for 2024. This year, organisations must stay abreast of advances in generative AI (genAI), which drives change across digital experiences, research, and design. Meanwhile, organisations are acting hastily due to financial pressures, putting the quality […]

It’s time to be more strategic about AI in customer service

Photo by Mikhail Nilov: https://www.pexels.com/photo/shallow-focus-of-woman-working-in-a-call-center-7682340/

Generative AI has topped the list of customer inquiries and conversations that I have been having this year — no surprises there! Interestingly, at least half of them have been about AI in customer service and chatbots, virtual assistants, and knowledge bots for customers, which seem top of mind for most customer service leaders. This […]

House730 leverages Azure OpenAI Service to enhance customer satisfaction

Photo by Aleksandar Pasaric: https://www.pexels.com/photo/multi-colored-building-2443590/

House730 has adopted Microsoft Azure OpenAI Service’s GPT-3.5-Turbo-16K to address customer inquiries and capture every listing in Hong Kong in a one-stop, easy-to-navigate arena. This makes it the first search engine that uses Microsoft Azure OpenAI Service’s natural language processing in the real estate market of Hong Kong. “House730 is always on the lookout for innovative […]

SG service professionals expect customer service to contribute more revenue in 2024

Photo by Yan Krukau: https://www.pexels.com/photo/a-smiling-woman-working-in-a-call-center-while-looking-at-camera-8867434/

Salesforce‘s State of Service report reveals that a significant percentage (80%) of service professionals anticipate customer service contributing more revenue this year. Gavin Barfield, the chief technology officer and vice president of Solutions at Salesforce ASEAN, underscores the transformative role of artificial intelligence in customer service. He states, “Service teams must seize every opportunity in the […]

SG businesses experienced more change in the last 4 years than previous two decades

Photo by Elina Sazonova: https://www.pexels.com/photo/dream-lettering-near-fence-overlooking-marina-bay-sands-building-1907049/

Around 81% of companies in Singapore observed evolving more in the past four years than the previous two decades – the highest across all countries surveyed, according to a recent study by HubSpot. “A combination of rising business costs, new technology, and evolving customer expectations have impacted the effectiveness of conventional growth tactics among Singapore’s businesses, accelerating a […]

The future of customer experience: invisible

Photo by Andrea Piacquadio: https://www.pexels.com/photo/cheerful-black-waitress-standing-at-counter-3801426/

It’s an iconic scene — the Ring of Power flying through the air in slow motion as Frodo tumbles to the floor of the Prancing Pony. As drunken revelers look on and the ring slips onto his finger, the small, frightened hobbit vanishes into thin air. Frodo Baggins is invisible. And so begins Frodo’s fraught […]

Oracle to improve operational efficiency and patient services of IHH Healthcare

Photo from https://www.facebook.com/photo/?fbid=720185763237743&set=a.191627626093562

IHH Healthcare (IHH) selected the Oracle Exadata Database Service running on the Oracle Exadata platform to improve patient services and meet the unique local market and regulatory needs for its operations in Singapore and Malaysia. Cloud migration IHH Singapore and Malaysia have migrated workloads to Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) and Oracle Exadata Cloud@Customer , respectively. The consolidation aims to improve user […]

Podchats for FutureCIO: How inclusion deepens customer experience

In Asia, one cannot overstate the importance of inclusion in enhancing customer experience with its diverse population, comprising various ethnicities, cultures, languages, and traditions. Creating an inclusive environment is crucial for businesses to cater to their needs and preferences. In embracing diversity and fostering inclusion, companies can better understand the perspectives and requirements of customers, […]

Minor International elevates employee experience with Workday 

Left to Right: Khun Chompunuth Weerawatgumpa, Group Director of Corporate Shared Service and People System, Minor International, Mrs. Aurakanda Attavipach, Chief People Officer, Minor International, Mr. Dillip Rajakarier, Group Chief Executive Officer of Minor International / Chief Executive Officer of Minor Hotels, Mr. Fabio Tiviti, Chief Operating Officer, APAC and Japan, Workday, Ms. Pannie Sia, General

Workday, Inc. is collaborating with Minor International Pcl (MINT) to elevate the employee experience and talent management across the entire organisation. Through Workday’s AI-powered solutions, MINT will streamline its HR processes and increase employee productivity.  “At Minor, we are a people-powered business and it is as crucial for us to deliver exceptional experiences for our customers as for our people. […]

Accelya to power Korean Air’s retail modernisation

Image from Korean Air https://www.koreanair.com/content/dam/koreanair/ko/footer/about-us/who-we-are/overview/welcome-message/ft-introduction-img-01-m.png

Accelya announces its partnership with Korean Air, enabling the airline company to innovate its customer experience and take control of its retailing. Accelya FLX Platform The Accelya FLX Platform combines the power of the Amazon Web Services (AWS) cloud and the latest technologies to enable airlines to showcase retail offers across all channels with scalability and reliability. With Accelya’s NDC and […]

Kyndryl and BPI marks a decade of partnership

Photo shows (from left): Wilson Go, Kyndryl Philippines Managing Director; Andrew Lim, Kyndryl ASEAN Managing Director; TG Limcaoco, BPI President and CEO; Elly Keinan, Kyndryl Global Group President; and Mariels Winhoffer, Kyndryl Global Business Development Leader.

Kyndryl and Bank of the Philippine Islands (BPI) commemorate one decade of their technology infrastructure services partnership that made significant advancements across BPI’s Data Center Operations, Server and Storage Management, IT Service Desk, Security Management, and Asset Management operations, fine-tuning standard procedures and tools across its organisation. Continued collaboration  “Our continued collaboration with Kyndryl underscores our shared commitment […]

Jobstreet transforms employment platform

Image by Oleksandr Pidvalnyi from Pixabay

Jobstreet by SEEK announced the transformation of its employment platform, which uses SEEK’s AI technology for improved job matches, better experiences, and upgraded insights for both job seekers and employers in Singapore. “We are thrilled to announce a transformative update for Jobstreet by SEEK, aimed at enhancing support for the job and talent search process in Singapore. We are excited to […]

Holiday havoc: Surge in cyber threats threatens festive season joy

At the end-of-year holiday season, with major sales events and digital events, we’ll start to see a higher frequency of security threats. It’s the time of year when the highest amount of money changes hands, whether in the digital or physical realm. According to the Entering through the Gift Shop: Attacks on Commerce report, globally, […]

Lalamove partners with Freshworks to improve sales efficiency 

Photo from Lalamove, https://www.lalamove.com/en-ph/blog/lalamove-additional-stop-multi-stop-delivery

Freshworks Inc. announced that Lalamove uses Freshdesk™ and Freshsales™ to improve sales conversion and increase customer engagement. Better service Freshworks Inc. creates AI-boosted business software, built for IT, customer support, and sales and marketing teams, to improve work efficiency and deliver immediate and valuable business impact.  Freshworks solutions enable Lalamove to build detailed customer profiles on Freshworks’ Unified Customer Record […]

Singapore Airlines enhances customer experience with Tata Communications

Image by G.C. from Pixabay

Tata Communications announced its partnership with Singapore Airlines (SIA) to transform its airlines’ communications and collaboration tools which will enhance employee productivity and improve customer experience. “We take great pride in our long-standing relationship with Singapore Airlines. As a global CommTech player, we are privileged to be chosen as their partner in progress as they […]

Zendesk launches generative AI offerings for CX

Image by Tumisu from Pixabay

Zendesk, Inc. announced its customer experience (CX) generative AI advancements improving enterprises’ customer satisfaction, reducing costs, and increasing customer loyalty. New GenAI offerings “In line with our security principles and privacy framework, we have built-in safeguards and control for companies to set limits for bots. For example, when sensitive information (such as medical history) comes up, an agent must […]

Dell brings its four-pronged AI strategy to APJ

Photo from Corporate Dell Technologies

John Roese, global chief technology officer of Dell Technologies shared the four pillars of Dell’s AI Strategy – AI-In, AI-On, AI-For, and AI-With as he discussed the recent launch of Dell Generative AI Solutions and Dell Validated Designs for Generative AI helping users capitalise on the benefits of AI. “Our focus is on private GenAI solutions, […]

Malaysian banks continue to improve CX quality

Image by Pexels from Pixabay

Forrester’s (Nasdaq: FORR) 2023 Malaysia Banking Customer Experience Index (CX Index™) reveals that banks in Malaysia have been steadily improving their CX quality over the past two years. Maybank leads CX performance This year’s top brand, Maybank, saw an improvement in its CX performance as it recorded 21 positive interactions for every negative one, which is more than […]

SFA and GenAI to reshape the process automation

Gartner predicts that by 2028, 60% of B2B seller work will be executed through conversational user interfaces via generative AI (GenAI) sales technologies, up from less than 5% in 2023. “Sales operations leaders and their technology teams must prepare for the convergence of new forms of artificial intelligence, dynamic process automation and reinvented deal-planning activities […]

Forrester’s 2023 Singapore CX Index shows scores flat to down

Photo by Andrea Piacquadio: https://www.pexels.com/photo/crop-businessman-giving-contract-to-woman-to-sign-3760067/

Since 2018, Forrester has been tracking how Singaporean customers rate their experience with some of the biggest brands in banking and auto and home insurance. This year’s Singapore Customer Experience Index (CX Index™) study reveals several important findings: Originally published on Forrester.

PodChats for FutureCIO: Improving CRM’s value in customer engagement

A McKinsey global survey of executives noted that companies have accelerated the digitisation of their customer and supply-chain interactions and their internal operations by three to four years. Just as interesting, the share of digitally enabled products in their portfolios accelerated by seven years. As reported in the State of CRM report, a Forrester survey […]

Overall CX quality declines among multichannel banks

Photo by Nick Pampoukidis on Unsplash

There is an overall decline in customer experience (CX) quality amongst multichannel banks according to Forrester’s 2023 Singapore Banking Customer Experience Index (CX Index). This year’s CX Index rankings reveal that Citibank and DBS Bank improved their CX scores; CX scores of Standard Chartered, OCBC Bank, and United Overseas Bank (UOB) declined; and HSBC appeared on […]

EmotionsAI, the first AI to detect users’ emotional needs, launched

Photo by Nik on Unsplash

AB Tasty launches EmotionsAI, a new technology that revolutionizes brands’ abilities to personalize the customer experience through their emotional needs. Alix de Sagazan, co-CEO and co-founder of AB Tasty says that it is critical to understand the needs of customers to achieve commercial success.  “They place a high value on experience and personalization, and catering to customers’ emotional […]

Technologies transforming customer service by 2028

Generative AI, digital customer service, and conversational user interfaces (CUIs) will transform customer service and support by 2028. “The common theme of these three technologies is their ability to streamline the customer journey and enable customer service leaders to meet customers’ growing expectations,” said Drew Kraus, VP Analyst in the Gartner Customer Service and Support […]

Customer expectations rise as technology advances

Photo by Kevin Ku: https://www.pexels.com/photo/data-codes-through-eyeglasses-577585/

Customer service takes center stage as customers’ expectation continue to rise along with technology advances, according to the newly-released State of the Connected Customer report by Salesforce. Results of the survey, from 14,300 consumers and business buyers across 25 countries — including 650 consumers and 150 business buyers from Singapore, revealed how shifts in technology […]

Mismanaged rights request can erode trust, warns Gartner

Gartner defines subject rights requests (SRRs) as a set of legal rights that enable individuals to make demands and, in some instances, changes for clarity regarding the uses of their data. The analyst predicts that by 2026, fines due to mismanagement of subject rights will have increased tenfold from 2022, to total over US$1 billion. […]

PodChats for FutureCIO: Excelling in customer experience measurement

History suggests that the ideals of customer experience can be traced to the development of market research as a method of improving advertising in the 1920s. The practice spread to other sectors following World War II the boom of consumerism. Nearly a hundred years have passed with much experience and an abundance of technology, we […]

Digi-TAC-approved CRM solution for businesses eyed 

Photo by Fox: https://www.pexels.com/photo/person-using-laptop-1595390/

Freshworks has partnered with Asia’s visionary distributor, Truvisor as they offer Freshsales Suite Pro all-in-one Customer Relationship Management solution (CRM)to businesses in Singapore.To improve business relationships, CRM system helps companies stay connected to customers, streamline processes, and improve profitability, according to Salesforce. The CRM solution offers distinct advantages over other CRM solutions in the market. Simon Ma, […]

Accelerate and scale initiatives through digital business platforms

One of the common features among leading organisations is the use of digital business platforms (DBPs) to scale and accelerate their digital initiatives. In a recent IDC Perspective titled The Rising Digital Bar: How Leading Organisations are Scaling Their Digital Business with Digital Business Platforms, IDC shows that 17% of Asia/Pacific including Japan (APJ) organisations […]

Consumers will change to tackle environmental issues

A global Alibaba study revealed that 73% of (surveyed) consumers want to live more sustainable lifestyles, particularly among those living in emerging Asian markets (87%), but inconvenience and high costs are cited as the main stumbling blocks to the adoption of sustainable lifestyles. The commissioned research, “The Sustainability Trends Report 2023”, polled more than 14,000 […]

Seamless transition between channels is key to CX outcomes

Gartner warns that 62% of customer service channel transitions are “high-effort” for customers, with less than half of customers who experience a high-effort transition likely to use self-service for their next interaction. A Gartner survey of 1,492 B2B and B2C customers in December 2022 found that a seamless transition between channels is a key driver […]

Forrester: state of consumer trust during a volatile year

In the report, The State Of Global Consumer Trust, 2023, Forrester finds that even during a volatile year, consumer trust remains relatively consistent. Understanding consumer trust is key to developing strategies that improve it. Forrester research shows that business leaders who apply a systematic and scientific approach to cultivating trust drive revenue by building unbreakable […]

IDC study reveals how Gen AI is being applied in customer experience

IDC’s FERS 2023 Survey Wave 2 APJ results show 70% of Asia/Pacific C-suite executives are either exploring generative AI use cases or already investing in them. “Gen AI holds immense potential for CX. Experimenting with this technology will also help determine which use cases – customer-facing or employee-facing constitute the greatest value for a specific […]

Customer adoption remains low despite significant chatbot investments

A Gartner survey of 497 B2B and B2C customers from December 2022 through February 2023 reveals that only 8% of customers used a chatbot during their most recent customer service experience. Even worst, just 25% said they would use that chatbot again in the future. Despite customer service and support leaders’ growing focus on chatbots, […]

PodChats for FutureCIO: How to design experiences that drive loyalty

According to Forrester, a customer experience (CX) leader, is in-charged of aligning the organisation around customer value. From the C-suite on down, the customer experience leader needs to advance customer-centricity — evaluating experiences from the customer’s point of view. Forrester says this approach drives loyalty and growth. But rallying the necessary level of focus and […]

APAC consumers want security and ease-of-use

Consumers are spending more time and money in the digital space. The e-Conomy Southeast Asia (SEA) 2022 report by Google, Temasek and Bain & Company forecasts that the region will spend US$300 billion in gross merchandise value (GMV) by 2025, before tripling to USD600 billion by 2030. An Okta survey of nearly 5,000 consumers in […]

ExecOpinion: The real value of cloud computing to your business

IDC research vice president, Dave McCarthy says the cloud is no longer considered a location but rather an operating model for future innovation. “The agility provided by cloud methodologies enables organisations to quickly deliver at scale on rapidly changing requirements from internal and external stakeholders,” he added. In the Asia-Pacific region, IDC says organisations have […]

Forrester: Customer trust in FSI remains weak in APAC

Forrester’s, Financial Services Customer Trust Index, reveals that earning the trust of customers is crucial to driving revenue, especially in times of economic volatility. In Asia Pacific (APAC), the results show that customer trust in banks, investment firms, and life insurers is lacking in most of the region. For example, less than half of customers […]

Hotel chain to deepen guest experience globally with SevenRooms

SevenRooms is a data-driven guest experience and retention platform focused 100% on building operator-focused tools. The platform offers solutions to global brands that not only increase revenue generation but help them build long-term relationships with guests. SevenRooms is currently live across 25 countries at Marriott brands including W Hotels, The Ritz-Carlton, St. Regis, Sheraton, JW […]

What technologies CS&S leaders value most in 2023

Gartner says the technologies with the most current value to service and support organisations are those that support assisted service. “Today, the most impactful technologies in service are ones that support reps to deliver low-effort, value-enhanced experiences in the live channel,” said Lauren Villeneuve, Sr. director of advisory in the Gartner Customer Service & Support […]

ChatGPT is driving greater AI investments

Among Gartner poll of more than 2,500 executive leaders, 45% reported that the publicity of ChatGPT has prompted them to increase artificial intelligence (AI) investments. About 70% of executives said their organisation is in investigation and exploration mode with generative AI, while 19% are in pilot or production mode. “The generative AI frenzy shows no […]

Winning the battle for attention amid a growing consumption crisis

As the digital economy in SEA enters a new phase of growth, powered by improved connectivity and thriving online marketplaces such as Lazada and Shopee, businesses are now grappling with a deficit in what is arguably the most critical factor to their success – the attention of consumers. Contentsquare’s 2023 Digital Experience Benchmark Report reveals […]

The digital banking race: ball in the incumbent’s court

Singapore consumers have a love-hate relationship with queues. We often (willingly) put ourselves through long queues for good food and freebies, but absolutely abhor waiting for other matters, banking services included. In fact, the wait time is one of many pain points that Singapore’s new digital banks (or digibanks) are seeking to eradicate. These digitally […]

Faced with disruption few marketers execute plan B

In a Gartner survey of 400 marketing leaders, 81% claim a contingency plan to respond to disruptions. However, just 21% of respondents said they follow these plans, as marketers weather the storm of continued economic and geopolitical uncertainty. Conducted in November and December 2022, the survey also revealed that 44% of digital marketing leaders who […]

AI-powered Personalisation: Core to modern business-customer interactions

The Southeast Asian retail industry continues to evolve as digital transformations across the region accelerate. A digital-first approach to business has become the new reality for retail driven by high levels of digital maturity and the rise of e-commerce. The latter is nearing full adoption, at (94%) among digital users. These changes in consumer behaviour […]

Customer preference to unbundle is a threat to the bank’s future

A global survey of 30,000 consumers reveals that more than 70% said they are interested in having their primary bank use their personal data if it means their banking experiences will be more personalised. The Bain report “Customer Behavior and Loyalty in Banking” shows a fragmentation, or unbundling, of services in all 11 countries and […]

Adobe’s speeds up content supply chain

Adobe’s new generative AI services will be integrated as a co-pilot for marketers and creative professionals to enable rapid development of content variations and improve end-to-end marketing workflows.

Real-time customer intelligence for an exceptional experience

Digital engagement has led to higher customer expectations, greater demands, and more choices if one brand doesn’t deliver. Privacy laws and changes in the technology landscape have marketers scrambling to get the data they need to meet customer expectations. With customer experience (CX) programmes buckling under pressure, the CMO Council and SAS embarked on an […]

Ignoring commerce ethics can damage customer trust

Gartner predicts that by 2027, fines from government and other regulatory bodies focused on commerce ethics will exceed US$5 billion. “Aggressive digital commerce practices are innovative, but they often introduce ethical pitfalls,” said Jason Daigler, vice president analyst in the Gartner Marketing practice. “When ignored, these issues erode customer trust, damage the customer experience, and […]

Prioritising first-party data exceed customer retention expectations

A Gartner survey of 400 marketing leaders reveals that 60% of marketing leaders believe collecting first-party customer data with an appropriate balance of customer value exchange and privacy will become more challenging in 2023. Among respondents, to the survey, 85% have implemented a formal policy to manage customer data, yet privacy remains an ongoing challenge. […]

Customer alignment turbocharges company growth

Forrester warns that outdated short-term growth strategies that focus on extracting value from customers no longer work. Dramatic changes in buyers’ behaviour, evolving business models, and technological advances mandate a shift in how companies design their strategies and operate their organisations. To drive profitable and sustainable business growth in this environment, alignment across sales, marketing, […]

Tips on customer engagement for Hong Kong Businesses in 2023

Driven largely by the digitisation of virtually every aspect of our lives, customer expectations have shifted dramatically over the past few years. To keep pace, businesses must invest in the right areas to ensure their customer experience (CX) really generates value. But in a city of 7.6 million people with high demographic diversity, this is […]

How to up contact centre efficiency by 30%

Gartner predicts that by 2026 customer service functions that implement the “connected rep” will improve contact centre efficiency by 30%. The connected rep is a strategy that enables customer service reps (CSRs) to perform high-quality assisted service at scale. It bridges technology and talent, using context, guidance, and design to reduce rep effort and increase […]

The biggest barrier to customer service modernisation

A Gartner online survey of 888 customer service reps (CSRs) and support specialists from August 2022 revealed access to legacy systems is the main barrier to new technology adoption. The survey revealed that 45% avoid adopting new technologies by relying on legacy systems and tools. “Many leaders believe that certain groups are less likely to […]

CX equal to operational efficiency as priority in APeJ

IDC predicts that by 2024, 50% of the A1000 will adopt CDPs (Customer Data Platforms) as the enterprise customer data service for real-time customer interactions like a central nervous system, increasing CX metrics and revenue by 5%. This is just one of IDC’s predictions unveiled in its latest report, IDC FutureScape : Worldwide Future of […]

Digital banking in China and Hong Kong: same but different

Post COVID, to remain competitive and to win over customers, retail banks must adopt an omnichannel banking strategy focusing on customer experience, says Bain & Company. “Consumers shifted their banking behaviours out of necessity but are staying with digital channels for the experience. That means online and mobile banking are not secondary channels or value-added […]

Enterprises doubling down on CXM outsourcing

Following the pandemic shutdowns in 2020, the global outsourced customer experience management (CXM) market spiked in 2021, with the fastest year-on-year growth (12-14%) in recent history. Everest Group noted that the growth of the customer experience management (CXM) outsourcing market, which currently stands at 31% of overall global CXM spend including in-house contact centres, outpaced […]

Customer service and support priorities in 2023

In a Gartner online survey of 283 customer service and support leaders from August-October 2022, 84% of customer service and service support leaders cited customer data and analytics as “very or extremely important” for achieving their organisational goals in 2023. Eighty per cent of respondents ranked digital channel effectiveness as “very or extremely important,” along […]

Insurers’ priorities in 2023: customer experience and operational efficiency

The 2023 Gartner CIO and Technology Executive Survey revealed that improving the customer experience and operational excellence, not growth, are the driving forces for the majority of insurance digitalisation initiatives in 2023. “Improving the customer experience (CX) ranked higher in the survey this year than more strategic focuses, such as growing revenue or new products/services […]

Micro-targeting changes the game in the food service industry

Every medium has a purpose. TV advertising, for example, targets consumers who because they can watch television suggests there are certain demographics, mainly affluent and educated enough to be sold an idea or a product. It sounds cynical and discriminatory but that is essentially marketing – to separate a specific group of consumers that are […]

Web3 opportunities and hurdles for banks

Bain says senior executives within the financial industry estimate that web3 capabilities could cut operational costs needed to deliver banking services by as much as one quarter. Bain’s Senior Financial Services Stakeholders Survey shows that more than half of nearly 70 executives believe that web3 will disrupt activities historically performed by banks. Lack of regulatory […]

PodChats for FutureCIO: Trends for CMOs and CIOs in 2023

Gartner says customer demand and buying behaviours continue to fluctuate unpredictably amid pandemic waves, supply chain disruption, inflationary price increases and geopolitical instability. At the same time, strategic marketing priorities — such as innovation, customer experience (CX) and digital commerce — transcend functional boundaries, becoming enterprise priorities with complex cross-functional execution. Also, traditional sources of […]

5 steps for marketing to regain business confidence in 2023

“Against a backdrop of unrelenting social and economic pressures, marketing leaders look toward a future where smarter marketing leads to deeper, more valuable connections between customers and brands,” said Andrew Frank, distinguished VP analyst in the Gartner Marketing practice. “From managing misinformation to ensuring effective first-party data collection, this year’s predictions prioritise the trends that […]

The value of digital touchpoints in the cloud

According to the 2022 Gartner Overcoming the Barriers to Digital Execution Survey, 48% of respondents’ primary objective for making digital technology investments is to improve the customer (or citizen) experience. According to the 2023 CIO and Technology Executive Survey, 18% of respondents have already deployed edge computing, while another 51% are planning to deploy it […]

Bank of Ningbo unveils first AI digital employee

To bring Xiaoning to life, Bank of Ningbo partnered with AI giant SenseTime which has been deploying in recent years multi-functional AI digital humans across different scenarios in the banking and finance industry.

Manulife’s journey towards becoming a digital customer leader

Damien Green, president and CEO of Manulife Asia, wants the insurer to become the digital customer leader in its industry in Asia. To help achieve this ambition, the company has brought in 20-year industry veteran, Harshal Shah as its new chief marketing and experience design officer for Asia. FutureCIO spoke to Shah to understand how […]

Gartner identifies top hurdles facing CMOs in 2023

“As CMOs enter 2023, the current environment demands a relentless focus on customer value, purposeful evolution of the marketing function, and continual optimization of brand value,” said Ewan McIntyre, chief of research in the Gartner Marketing practice. “In order to meet the enterprise mandate of driving growth amid continued disruption, CMOs must act decisively to […]

CX values will centre on empathy and outcomes in 2023

Customers are demanding greater value, more memorable and immersive experiences, and greater control over how they engage with enterprises, becoming equal stakeholders in the customer experience (CX) ecosystem. Going forward, customer-centric business resilience will require enterprises to move beyond transactional-level experiences and tie business outcomes to relationship-based experiences that will be fulfilled by delivering customer […]

PodChats for FutureCIO: Aligning IT support and ESG at IHH Healthcare

Central to the success of any environmental, social and governance (ESG) commitment is data. Any organisation that chooses to commit itself to an ESG initiative must be able to measure change and accelerate transformation in areas such as emissions, governance and diversity, equity and inclusion, organisations need access to data from outside the organisation. Gartner […]

New IT paradigm that supports growth and revenue enablement

With increasing disruptions to traditional business models and the rapid adoption of exponential technologies such as Web 3.0, the metaverse and 5G, enterprises need a new technology strategy to compete in the market. The role of an IT team is no longer as “simple” as keeping the infrastructure running efficiently; today, IT organisations also are […]

APAC firms will struggle with rising customer expectations in 2023

Forrester’s 2023 Asia Pacific (APAC) Predictions predict geopolitical friction, global economic pressures, and post-pandemic challenges will force APAC firms to prioritise their technology investments in 2023. However, despite embracing technology-led solutions to improve the lives of customers and citizens, firms will struggle to keep pace with rising customer expectations around omnichannel experiences and environmental, social, […]

IDC outlines the four reasons for DX spending in Asia

Organisations that pursue digital transformation (DX) want to create new sources of value through digital products, services, and experiences. The pandemic revealed another benefit of digital transformation – it improves an organisation’s resilience against market disruptions. Given its importance to future success, global DX spending is forecast to reach US$3.4 trillion in 2026 with a […]

PodChats for FutureCIO: Solving the death by personalisation dilemma

Deloitte Hong Kong Digital Leader Allen Wong believes that the business landscape has changed since the onset of the pandemic in terms of delivering an outstanding customer experience due to more channels to deal with customers, the need to understand customer data to drive targeted experience, as well as the increasing trend of loyalty programmes […]

Meralco rolls out data solution to improve CX and OPs

It used to be that when you have a monopoly on a market, you can sit back and just rake in the rewards without a care for the service you deliver or the state of customer satisfaction. That may not hold up today. A study in the Journal of Marketing Research suggests customer satisfaction predicts […]

Prudential, Google Cloud forge a strategic partnership

Prudential will leverage Google Cloud’s data analytics capabilities, secure and sustainable infrastructure, and the broader Google ecosystem, to accelerate its digital transformation and to enhance user engagement of its health and wealth platform, Pulse.

Cathay Pacific is using conversational AI to enhance customers’ digital experience

Accenture notes that the pandemic has put pressure on organisations and industries to reduce overall costs to outweigh missing revenues. Within in the travel industry, operational deficits caused by staff shortages have negatively impacted processes, costs, and customer experiences. In reporting a loss of nearly HK$5 billion during the first half of 2022, Patrick Healey, […]

Vietnam’s Techcombank and Masan in cashless push

WIN member customers will not have to carry cash or a credit card when using new modern cashless payment methods via Techcombank Mobile, such as Pay by Push (one-touch payment via the mobile phone) or QR Code.

Metaverse increase trust risks for enterprises and users

“The metaverse is attracting large investments from technology giants such as Google, Meta, Microsoft and Nvidia to make the virtual world a reality, and the applications hold unlimited economic and social potential for both good and bad,” said Rajesh Ranjan, partner at Everest Group. As enterprises apply their best creative and strategic thinking to how […]

Gartner survey outlines barriers to analytics adoption

“CMOs often believe that achieving marketing data integration goals will lead to greater influence and increased value of marketing analytics,” said Joseph Enever, sr director analyst in the Gartner Marketing practice. “The reality is that better data won’t increase marketing analytics’ decision influence alone. CMOs must address the real challenges — cognitive biases and the […]

Swire Hotels adds more payment options with Adyen

Swire Hotels has teamed up with Adyen to enable more payment options, payment tokenisation and unified commerce – offering flexibility and security to the hotel group’s payment processes. Adyen’s solutions have now been implemented in the accommodation services in EAST Hong Kong, EAST Residence, The Upper House and Pacific Place Apartments, where guest can now […]

Why Singapore businesses are failing to meet customer expectations

The Zendesk CX Accelerator report revealed that Singaporean businesses are struggling to deliver on their exceptional customer experience (CX) aspirations. The report noted that just seven per cent of Singapore businesses are qualified as ‘CX Champions’ – those considered the highest standard-bearers. As of the report, Singapore ranked 10th across the 13 global markets surveyed. […]

Sustainable retail practices at Decathlon

COVID-19 may not be over, but life is beginning to return to some normalcy for retailers. McKinsey says the medium-term outlook is positive, with the global sportswear market expected to grow 8 to 10% a year to 2025. Since 2020, retailers have been on a roller coaster ride. On the one hand, early mobility restrictions […]

Three sales priorities to counter economic headwinds

Gartner lists three key priorities for chief sales officers (CSOs) in response to high inflation and recession risk. They include adopting flexible planning techniques, retaining/retraining high-performing sellers, and embracing strategic cost management. “Economic headwinds require sales organisations to take bold, pre-emptive actions that strengthen the core of their business and point the organisation toward growth […]

Four drivers of technology innovation in customer service

According to Gartner, the four pillars driving technology innovation across customer service and support (CSS) organisations are getting connected, process orchestration, knowledge and insight, and resource management. The Gartner Hype Cycle for CSS Technologies, 2022 contains the most-important maturing technologies for supporting customers (see Figure 1). The Gartner Hype Cycle provides a view of how […]

CCaaS market to reach US$15.6 billion by 2027

The research predicts that social media platforms, such as Instagram and Facebook, will become an important medium for enterprises to interact with their customers in the future.

Money management features of mobile banking apps need improvement

Rising inflation, a looming energy crisis, and the increased cost of living in Australia mean more and more customers need help managing their money. Participants in a Forrester survey noted that 54% of Australian online adults say they need help with money management, yet only 21% strongly believe that their financial institution cares about their […]

Delighting customers in real time on their preferred channel

Conversational-style business messaging integrate maps and search functions  A recent Forrester report commissioned by Google found that 54 percent of consumers expect faster responses from brands and 48 percent want it to happen on the channel of their choice. One company is empowering business owners with an integrated tool that works across platforms  to synch […]

Pandemic drives hyper-personalization demand in India

When the pandemic hit, more consumers in India started to use digital channels and platforms for daily tasks such as buying groceries, opening a bank account, and purchasing medicines, thus changing customer interaction and expectations. As good customer experience (CX) often influences future purchase decisions, increasing customer engagement and satisfaction is the top business priority […]

Chatbots to become the primary customer service channel

Gartner predicts that by 2027, chatbots will become the primary customer service channel for roughly a quarter of organisations. “Chatbots and virtual customer assistants (VCAs) have evolved over the past decade to become a critical technology component of a service organisation’s strategy,” said Uma Challa, sr director analyst in the Gartner Customer Service & Support […]

Don’t compromise products to cut cost

At a time of uncertainty and rising inflation, consumers are focused on how to extend every dollar. At some point, they will notice the shrinking packaging of a preferred brand. A Gartner survey of 252 consumers in June 2022 found that shrinkflation— when the size or quantity of packaged goods is reduced without a commensurate […]

Centralising marketing function to attain operational efficiency

A Gartner survey of North America and European marketers revealed that 60% have centralised some (23%) or all (37%) of their functions. Chief marketing officers (CMOs) cited operational excellence issues — such as prioritisation, workflows and collaboration — as the primary reasons for making changes to their organisational structures. “CMOs may be lured by the […]

Man and machine – a love-locked relationship

Interview with Don Ong, head of innovation, Advantest at a regional automation showcase Robotics may be known for fast, repetitive and precision work but it relies on human supervision to excel. AI and machine learning can capture data and gather intelligence from previous tasks to shorten production lines. But there is an interdependency to improve […]

Profiling the best adopters in robotics and automation in Asia

At its inaugural APAC conference held in Singapore, Blue Prism World on Tour 2022, Asia Pacific, SC&C Blue Prism showcased some of the latest trends and innovative use cases around the use of robotic process automation (RPA) and intelligent automation (IA). Speakers from Schroders, Advantest, National Australia Bank, and Air New Zealand shared how RPA […]

New data lab is making sports more accessible and exciting

In the pursuit of making sports and healthy lifestyles more accessible, Decathlon unveiled its data lab, recently in Singapore.  What started out as an e-commerce sports retailer in Singapore. Decathlon has became one of the pioneers in the omni-channel approach with the establishment of their first experience store in 2016.  Since then, the company has […]

NextBlock – hyperlocal platform brings Singapore residents closer together

Social platform connects residents to get more local information and support home businesses Living within the confines of a flat does not have to make one feel isolated because you are only an app away to connecting with your neighbours. Even as the majority of Singaporeans who live in densely populated high-rise apartments, they get […]

Enterprises not happy with IT service providers

Although enterprise satisfaction with technology service providers improved 5% overall in 2021, talent management has emerged as the biggest reason for enterprises’ dissatisfaction, according to Everest Group. Everest Group conducted 496 unique interviews with global enterprise executives in 2021 and determined that attrition is enterprises’ biggest pain point with respect to their technology service providers. […]

Almost half of employees polled globally are frustrated by work tech

State of the Digital Employee Experience (DEX) study measures tech-use satisfaction Innovation remains to be the driving force behind the rise of hybrid work, but unfortunately, the truth is that many organisations still experience major challenges in tech adoption. The top challenges reported include too many emails or chat messages 28%, a lack of connection […]

Business strategies for winning in the Sheconomy

“Since 2010, the percentage of women executives increased across all developed regions, with the largest gains in Asia with a doubling of participation since 2010.” Morgan Stanley First coined in 2007, sheconomy refers to a new economy driven by the increase in female consumers in industries like tourism, healthcare, food, beauty and wellness, culture, media, […]

CIAM is the simplest solution to reduce friction for user access

Okta reports on the State of CIAM in Asia-Pacific 2022 In today’s digital-first world, the urgency for businesses to deliver customer experiences that balance security and UX is driving the widespread awareness and adoption of Customer Identification Access Management (CIAM) across the Asia-Pacific. CIAM is also proving its value beyond end consumer interactions, helping to […]

Paradox of personalisation versus privacy

State of Personalisation Report Uncovers Consumer Behaviours   In the race to personalise everything sold online and making that experience memorable, companies have to obtain your personal data first before they can customise.  Now this changes consumer attitudes because in the process your data is being shared online and in return, creates a paradox for businesses. […]

Gartner outlines how to improve sales outcomes

A Gartner survey of 725 B2B buyers from November through December 2021 found that digital commerce has rapidly become the norm and the preferred way to complete B2B purchases. Among respondents, 83% say they prefer ordering or paying through digital commerce. Currently, the two levers available to commercial organizations — digital commerce and sales rep […]

Frosts says digital health to drive new business models

The increased number of patients using digital health tools, such as telehealth and other enterprise IT solutions, is empowering consumers to manage their health. Frost says this is accelerating the global digital health market growth. According to Frost & Sullivan’s analysis, Global Digital Health Outlook, these tools will help ensure patient engagement and avoid staff […]

Human touch is still relevant to customer experience

Commissioned by Infobip, the Forrester Consulting study ‘Redefining Human and Automated Engagement – How APAC Consumers Have Impacted the CX Agenda’, revealed that customers in Hong Kong and 10 other Asian markets, expect real-time personalised services and interactions enabled by digital and automated engagement mechanisms. Organisations should therefore holistically weave human-assisted and automated service capabilities […]

Improving your customer service strategy in 2022

A Salesforce survey (of US consumers) noted that 82% of consumers expect to continue contacting customer service at pandemic-level rates, and an additional 10% say their contact rates will rise even higher. The survey also observed that only 36% of service professionals feel fully prepared to handle a surge in service and support cases. Further, […]

Customers want personalisation but are wary of privacy violations

Seventy-one per cent of B2C customers and 86% of B2B customers expect companies to be well-informed about their personal information during a service interaction. A December 2021 Gartner survey of more than 5,800 customers found that while customers want companies to be well-informed about their personal information, customers also expect their data to remain private […]

Telegram will launch a paid subscription plan for its users

Messaging app Telegram will launch a paid subscription plan for its users this month, founder Pavel Durov said on Friday. Users who will opt for Telegram Premium will get a higher limit for chats, media and file uploads, Durov said in a blogpost. “The only way to let our most demanding fans get more while […]

Three BNPL growth opportunities for B2B companies

Emerging as an alternative credit payment approach, buy now, pay later (BNPL) aims to meet the need of younger consumers who often have a limited credit history and low credit scores. The global BNPL market is expected to reach $656.34 billion by 2026 from $136.55 billion in 2021, registering exponential growth at a compound annual […]

Consumer identity verification preference when shopping online

Singaporeans access 12 online accounts each week — which is the highest compared to the UK, US and Mexico — and 70% have to use their digital identity “constantly” or “often” to access online accounts. A global study conducted by Opinium found that Singaporeans think financial services (63%) is the most important industry to use […]

Embrace scaled judgement and empathetic influence for growth

Marketing teams that are effective at scaled judgment and empathetic influence are more likely to report revenue growth. Gartner says marketing teams who implemented these skills were 11% more likely to report organisational revenue growth in 2021. “Most marketers have crossed the digital business threshold, meaning digital is no longer the differentiator,” said Kristina LaRocca-Cerrone, […]

Gartner says time to rethink customer engagement

Gartner says sales leaders looking to cultivate an adaptable sales organisation should rethink their current sales efforts across three dimensions. Those dimensions include customer understanding, customer engagement and operating models. “From virtual selling to inflation, the pace of unrelenting change has had a massive impact on B2B commerce,” said Scott Collins, managing vice president in […]

PodChats for FutureCIO: Maximise the impact of automation on CX

In a Forrester study commissioned by CINNOX, only 16% of all surveyed customers recently experienced interactions that exceeded their expectations. It indicates that although organisations are committed to becoming more customer-focused, they have insufficient understanding of customers’ expectations and are failing to deliver quality experiences. In more developed markets like Hong Kong and Singapore, customer […]

PodChats for FutureCIO: Why automatedly human is the way forward in CX

* Editor’s note: This article is co-produced by Sukhpreet Kaur According to Forrester, 44% of purchase influencers in Asia-Pacific consider improving customer experience (CX) as one of their top priorities over the next 12 months. Even a minor improvement to a brand’s customer experience quality can add revenue by reducing customer churn and lowering the […]

When CX programs fail their prime directive

Gartner surveyed 362 global customer experience (CX) practitioners from October through December 2021 to understand CX priorities, processes, and measures that currently exist as well as the organisational structures in place to support these efforts. The study noted that organisations that demonstrate how customer satisfaction is associated with growth, margin and profitability are more likely […]

Mobile security will drive MFA-related revenue

Juniper Research forecasts that operators will generate US$27 billion from the termination of SMS messages related to multi-factor authentication in 2022. This is five per cent increase from 2021. The researcher attributes this growth to increased pressure on digital service providers to offer highly secure authentication that reduces risk of data breaches and protects user […]

What will drive consumer behaviour and markets

As digital transformation takes root across the consumer ecosystem, businesses must expand and deepen their relationships with consumers to better understand their wants, needs, and aspirations. “Technology is causing massive shifts in the way consumers live their lives, and technology companies, from hardware vendors to software developers to service and infrastructure providers, must think hard […]

Hyper-personalisation – the aspirations and the reality

Recently I was calling my airline to inquire about expiring award miles. I approached them via three channels: through their customer hotline, via online chat, and customer WhatsApp number. Long story short, I hung up after listening to an automated voice tell me that ‘the lines are busy’ after two hours. I placed the call […]

Tokio Marine Vietnam modernises client communication strategy

As of 2020, there were 71 insurance companies operating in Vietnam, up from one player in the 1990s. According to Statista, the total premium value of the non-life insurance business reached 57 trillion Vietnamese dong in 2020 with 32 non-life insurers serving 97.34 million. Providing high-quality insurance and risk management services to enterprises across the […]

Study highlights ROI of digitalised customer engagement

Twilio’s (third annual State of Customer Engagement Report found that investment in digital customer engagement and personalisation technologies has had a significant positive impact on customer retention and trust — and on revenues. In Singapore, for instance, B2C companies that invested in digital customer engagement also saw an average increase in total revenue of 61%. […]

Proactive service rewarded with value enhancement scores

Two-thirds of customers contact customer service after receiving proactive outreach from a brand, often using costly assisted channels because they needed additional information or confirmation. This flawed approach to proactive customer service can create customer confusion and unanswered questions that erode the benefits of a proactive strategy. The findings show that proactive service creates a […]

Centralisation is not the answer, warns Gartner

A Gartner survey revealed that 60% of marketing organisations have centralised some or all their functions. Chief marketing officers (CMOs) cited operational excellence issues — such as prioritisation, workflows, and collaboration — as the primary reasons for making changes to their organisational structures. The findings show that the pace of centralisation has quickened in comparison […]

Three ways not to lose an insurance customer

Whether it’s applying for a new policy or filing a claim, customer interactions are where the battle for lifetime brand loyalty begins. Customers expect ease of use, intuitive, self-service, fast response, and visibility into the process. Failure to offer this level of service and engagement your customers will walk away from your competition. Leveraging a […]

Monetizing security – a banking challenge in 2022

The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has seen disruption from all angles. Consumers are digitally connected in almost all facets of their lives — and it’s evident they expect the same from their banks and payment […]

IDC calls for rethink of customer engagement strategies

Two years into the COVID-19 pandemic, the region continues to adjust with cycles of change and adaptation. Customers today are more connected, consume more digital products and services, and are sharing more data because of their digital consumption. For organisations, digital engagements, products, and services have turned mainstream as they accelerated the expansions of digital […]

Time to break up with poor fit customers

Gartner predicts that by 2025, 75% of companies will “break up” with poor-fit customers as the cost of retaining them eclipses good-fit customer acquisition costs. When “breaking up” with a poor-fit customer, organisations proactively end the relationship on their own terms rather than waiting for the customer to end the relationship. This shift will expose […]

Skills and capability hold back CX investments

Asia-Pacific businesses are set to outstrip other global regions in customer experience investment in 2022 in response to a pandemic-induced surge in new digital consumers and online behaviours. However, gaps in critical skills and capability may be holding them back as they seek to maximise this world-leading commitment to serving digital-first consumers. “The digital rewiring […]

Focus on situational buyer insights to improve conversion

Standardized customer engagement in today’s buying environment will only get sellers so far, even with the best methodology. Gartner suggests that B2B sales organisations must take a more situationally aware approach, tuning engagement skills and tactics with empathy for, and personalization to, a prospective buyer’s current state. “Today’s buyers have strong preferences and seemingly endless […]

CSCO action items to improve supply chain CX

Gartner says the increased pace of change in customer preferences and expectations will force chief supply chain officers (CSCOs) to take three actions to improve the supply chain customer experience (CX). “Supply chain customers today are looking for improvements in areas such as on-time, in-full (OTIF). They also expect shorter lead time and personalized products […]

Data privacy at a crossroads in 2022

In the 29 January 2007, Esquire interview, Andy Grove, at the time, 63 and chairman of Intel, said “Privacy is one of the biggest problems in this new electronic age. At the heart of the Internet culture is a force that wants to find out everything about you. And once it has found out everything […]

3 ways AI benefits customer service operations

Insights, user experience and process improvement are three ways artificial intelligence (AI) can benefit customer service organizations. Gartner suggests service and support leaders understand these three benefits in order to thoroughly develop and track the right metrics for evaluating their solutions’ effectiveness and prove business cases for further investment. “Customer service and support leaders are […]

Customer service is still an afterthought

The annual Zendesk Customer Experience (CX) Trends Report highlighted the potential for businesses to drive business success with a focus on customer experiences. However, it also uncovered a gap between consumer expectations and company actions when it comes to customer service. The 2022 report reveals that 68% of Asia Pacific (APAC) consumers feel as though […]

The need for smart and agile contact centres

The use of artificial intelligence (AI) and automation is becoming more widespread, proving to be a significant business driver especially when it facilitates stronger conversations between humans. McKinsey anticipates that AI could potentially deliver an additional economic output of around $13 trillion by 2030, boosting global GDP by about 1.2% a year. This could also save […]

Five consumer trends marketers should evaluate in 2022

A Gartner survey of 1,752 consumers during October 2021 identified the top consumer and cultural trends for marketers in 2022. Sixty-four per cent of consumers have identified trying to keep their work-self and personal-self separate. “Marketers responsible for strategic planning, targeting, positioning, messaging and corporate responsibility initiatives can use these trends to better align their […]

Frost says APM to help contact centres realise enhanced CX

The COVID-19 pandemic caused a temporary shift in investment priorities in the contact centre. Millions of agents suddenly needed to work remotely, and businesses needed to figure out how to manage and provision for a remote workforce. Investments were focused on developing new ways of working, new channels of customer engagement, and enhanced e-commerce capabilities. […]

What customers don’t care about

Most financial services leaders are heavily invested in learning more about what customers care about most. Often overlooked, however, are the things customers DON’T care about. A closer look at the other side of the coin can help with project and investment prioritization, cultural changes, and improved customer experience. And I’ll bet they surprise you… […]

Metaverse – still a long way for enterprise reality

Tuong H. Nguyen, senior principal analyst and a member of Gartner’s emerging technologies and trends team, has identified smart spaces and homomorphic encryption as technologies 3-6 years away and generative AI as only slightly further out at 6-8 years. One emerging technology with a much further timeline but meriting attention is metaverse– a technology that […]

Getting chatbots to deliver the value deserving of the hype

Chatbots are software that simulates conversation through voice or text or both. Since the first chatbot ELIZA, developed in the 1960s by MIT Professor Joseph Weizenbaum), the technology has evolved. In more recent years, two core technology – natural language processing and artificial intelligence – are furthering the use cases with more recent interests around […]

How voice is changing how we connect with customers

As we come to the end of 2021, yet another wave of COVID-19 is sweeping the globe. While the Omicron variant is adding further strain to global travel, we’ve already seen this movie before with the Delta variant. And we’re likely to see further confusion again with the next variant. In this volatile and uncertain […]

Amazon CTO sees ubiquitous connectivity in 2022

Amazon.com CTO Werner Vogels opined that the world is entering where data is abundant, access to it is almost instantaneous, and our ability to make sense of it in new and subtle ways is practically automatic. “2022 will be an exciting year for technology, with it pushing all of us, and our planet, forward in […]

Predictions 2022: The Future of Trust

Organizations in Asia/Pacific – private sector, government, and educational institutions – have reached a digital transformation tipping point and are aggressively embracing digital-first strategies. Data security, confidentiality, integrity, and availability are now key issues for all organizations, as is imperative to use data ethically while complying with a complex web of industry and regional regulations. […]

Sales success occur when customers’ needs come first

By 2026, B2B sales organizations that unify commercial strategies and leverage multithreaded commercial strategies will realize revenue growth that outperforms the competition by 50%. Gartner explains that sales leaders must rethink their go-to-market strategies with what Gartner calls “orchestrated customer engagement” to better align to today’s buying behaviours. Orchestrated customer engagement helps commercial leaders transition […]

Predictions 2022: AI-guided selling solutions to augment B2B sales tactics

By 2025, 75% of B2B sales organizations will augment traditional sales playbooks with artificial intelligence (AI) guided selling solutions. Despite current low adoption rates, increasing pressure created by massive amounts of data available to sales organizations and revitalized budgets is driving many sales leaders to invest in AI and machine learning (ML) technology to analyse […]

The state of modernization, transformation, and innovation in the digital age

The insights in this Boomi report, The State of Modernization, Transformation, and Innovation in the Digital Age, are based on a survey by market research firm Vanson Bourne. The survey asked business and IT leaders around the world about their efforts and initiatives to bring greater speed, agility, and efficiencies to their organizations. The report […]

Customer journey and security are key priorities for APAC businesses in 2022

Although higher than pre-pandemic levels, the levelling of online activity since Wave 2 of Experian’s Global Insights Report (mid-September 2020) means businesses need to shift their focus to address these changing consumer needs and establish trust when it comes to communicating how they utilise personal information and data protection. As industries grapple with pandemic recovery, […]

Predictions 2022: Opt-out rates for mobile app tracking to plunge by 65%

The opt-out rate for mobile app tracking will decline from 85% in 2021 to 60% by 2023 as consumers gain experience with untargeted ads. While Apple has added new privacy features in iOS for consumers to manage how they are tracked, marketers must demonstrate the benefit to consumers in allowing mobile app tracking. “Roughly one-quarter […]

Predictions 2022: IDC FutureScape’s future of customers and consumers

Technology will be the cornerstone of brands that try to re-establish relationships with customers and consumers in a new version of the physical and digital world. IDC says organizations that focus on resiliency in systems, processes, and business models that influence how companies and brands engage with customers will find success in the future of […]

Prepping CS&S for the lonely customer

By 2026, 75% of customers who call customer service and support organizations will do so out of loneliness, not because they have a customer service issue According to Gartner, this will affect service and support leaders’ priority of migrating customers to self-service and ensuring rep well-being. “Lonely customers looking to fulfil their interpersonal needs through […]

Use self-service instant issuance to drive digital branch value

There is a global trend towards a reduction in physical bank branches as banks look for ways to lower operating costs while enhancing traction and engagement. Research from data specialist CACI suggests that consumers still prefer branches for more complex financial needs. The decline in branch visitors remains a modest 1-1.5% annually with digital channels […]

Five must-dos to transform APAC retailers in 2022

“As retailers adapt to changing consumer behaviours and strive for transformational growth, it is critical for them to consider how they incorporate new customer needs and expectations into their current business models,” said Guy Elliott, retail industry lead, Publicis Sapient, EMEA and APAC. The Publicis Sapient report, 2022 Retail Guide to Next, highlights the top […]

Predictions 2022: APAC to address employee and customer expectations

After two years, it only took a global pandemic, turbulence, and uncertainty, for firms in Asia-Pacific to proactively address changing customer and employee expectations. Forrester predicts that in 2022 business leaders in Asia-Pacific will embrace controlled, positive change — implementing future-fit technology strategies to improve business agility and new ways of regionally aligned hybrid ways […]

Gartner reveals CS&S priorities for 2022

Sixty-four per cent of customer service and support (CS&S) leaders report “grow the business” is their most critical priority in 2022. A Gartner survey of 170 customer service and support leaders, conducted in August-September 2021, indicated a significant shift towards adding value and growing existing clients for a function that has historically been viewed as […]

PodChats for FutureCIO: Innovations transforming insurance in Asia

It is said that modern insurance can trace its roots at the Greater Fire of London in 1666, and the first accident insurance became available in the late 19th century. But as they say… that is ancient history. These days, the insurance industry is under siege not by a customer looking to buy insurance but […]

Forrester: human interaction is part of digital customer experience

Forrester’s CX Index benchmarks the CX quality of brands and is based on a survey of more than 5,000 Australian adult customers, including more than 1,400 customers of five banks: ANZ, Commonwealth Bank of Australia, NAB, Suncorp, and Westpac. The analyst says in 2021 the quality of customer experience in the banking sector has improved, […]

Changing how you engage your customers

“COVID-19 has fundamentally changed how businesses operate and how consumers interact with those organisations,” said Joy Corso, chief marketing officer for Vonage. Vonage’s 10th Global Customer Engagement Report showed 47% of consumers worldwide have increased their use of digital channels to engage with businesses and service providers over the past 12-18 months and 87% expect […]

Podchats for FutureCIO: Leading the bank branch of tomorrow

The geographic fragmentation of the Philippines with its 7,100 islands has been a decades-old, insurmountable challenge for banks in the country, which seek to expand their branch network into far-flung areas. More than 18-months into the COVID-19 pandemic, lockdown and physical distancing measures have caused a massive drop in physical transactions but the volume of […]

Entrust announces a safer way to travel

Continuing concerns about COVID-19 contagion may not be enough to stifle commerce and the itch to travel. The McKinsey–World Travel & Tourism Council (WTTC) report, Adapting to Endemic COVID-19: The Outlook for Business Travel, forecasts that business travel may return faster in Asia compared to other markets. The projected recovery may likely be in phases […]

Omnisumer creates new opportunities for energy providers

According to the EY report, Navigating the Energy Transition Consumer Survey, a perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centres around renewables and infrastructure, it mostly overlooks the customer. EY says a new generation of energy consumer is looking for options that […]

IDC outlines the future of enterprise resiliency and spending

According to the IDC Future Enterprise Resiliency and Spending (FERS) survey improving the customer experience (CX) directly impacts the organization’s bottom line. About 34% of respondents globally reported improved profit margins as one of the top five benefits arising from their CX initiatives. Organizations attributed these higher profit margins to increased revenue (27%), cost reductions […]

Best practices for managing customer experience

To cope with restrictions due to the Covid-19 pandemic, companies accelerated the digitalization of their customer experience journey. With an increase in digital interaction between customers and businesses, companies are now eager to optimize customers experiences for engagement and business insights. In a Cxociety C-Suite virtual roundtable discussion titled “Best kept secrets in sustained customer […]

Banking experience in Malaysia lacks differentiation

According to Forrester’s 2021 Malaysia Customer Experience Index (CX Index), banks in Malaysia provide average customer experience with little differentiation between each brand. Based on a survey of more than 2,000 consumers in Malaysia, Forrester’s CX Index benchmarks the CX quality of seven multichannel banks — AmBank, Bank Rakyat, CIMB Bank, Hong Leong Bank, Maybank, […]

Crestron enhances the hybrid meeting experience with intelligent video

As businesses shift to a hybrid-first environment, where seamless collaboration between dispersed teams is a top priority, one of the biggest challenges has been ensuring every person in the meeting has an equal seat at the table. Room systems with intelligent audio and video features, paired with the software innovations from meeting service providers, such […]

PodChats for FutureCIO: The why and how of becoming a data-driven insurance

As the world pivots and adjusts to a pandemic environment, the disruption that has impacted business has driven many organisations to re-structure and re-calibrate their operating models. According to the OECD, insurance companies experienced a slowdown in gross premiums underwritten in 2020, with life insurance premiums declining by 2.2%. Non-life grew by 1.2% in 2020. […]

Only one in five consumers have exceptional CX

Commissioned by CINNOX, the Forrester Opportunity Snapshot report Infuse Digital Experiences with the Right Dose of Human Touch revealed that while customer experience (CX) is becoming more imperative for competitive differentiation, organisations often fail in exceeding customer expectations. Only 16% of the 1,200 customers that participated in the survey acknowledged having recently experienced interactions that […]

Security and compliance: top areas for trust perception

Organizations are more frequently embedding trust metrics into their request for proposals (RFPs) to ensure that potential vendors can also be trusted ecosystem partners. Trusted ecosystems help improve an organization’s brand, reputation, and trust perceptions, which, in turn, drive stronger business performance. IDC’s new Future of Trust survey ranked security and compliance as the top […]

AI to become a mainstay tool of M&E services

ABI Research predicts that spending in Artificial Intelligence (AI) and machine learning (ML) in the media and entertainment (M&E) to reach US$16.5 billion by 2026. Click here for top use cases for AI in M&E. Influence AI/ML adoption The M&E industry is undergoing a transformative process, adapting to changes in consumer behaviour and preferences, new […]

SG insurers get upper hand in customer experience

According to Forrester’s 2021 Singapore Customer Experience Index (CX Index), the quality of customer experience improved significantly in the automotive/home insurance industry compared to the banking industry for the first time since the inception of the study in 2018. Based on a survey of more than 2,000 consumers in Singapore across 11 brands, including six […]

Hyper personalisation: key to the future of digital banking in ASEAN

The Boston Consulting Group says evolving customer expectations, enhanced digital penetration and the pandemic are conspiring to accelerate ASEAN consumers transition to digital. The opportunities have attracted new market players with fresh ideas. For incumbent players, this new competitive landscape presents a natural threat to their dominance and an opportunity to re-emerge better than before […]

Monetising inflight experiences

Most air travellers have grown accustomed to a custom inflight entertainment system that aims to glue the traveller to his or her seat for the duration of the flight. Sure, you can call on the flight crew for services but even then all they can tell you is what you already have in front of […]

Six technologies to drive new customer acquisition and growth

Chief Marketing Officers (CMOs) are transitioning from a focus on customer retention last year to now looking to new customer acquisition and growth as they navigate into a post-pandemic world. As the COVID-19 pandemic led many marketers to shift focus to pure customer retention strategies, it also brought an acceleration to digital transformations for many […]

When Asians abandon online banking onboarding

Banks know full well that customers want a seamless banking experience. More importantly, they don’t want to be kept waiting too long. Banks know this but still they expect consumers to wait their turn.

Let the data do the pitching

As B2B marketers, we would like to think that marketing has since moved away from solely depending on traditional marketing tactics to performance marketing. The traditional marketing funnel typically covers five key stages of customer conversion—awareness, consideration, conversion, loyalty, and advocacy. These stages parallel customer lifecycle stages and sales—from acquisition through retention. In this information […]

PodChats for FutureCIO: Privacy when building a sustainable customer engagement strategy

A study by Cisco revealed just how important privacy is to the continuing growth of economies, including the COVID-19 pandemic recovery. Privacy has evolved to be much more than just a compliance issue, but rather a fundamental human right and a mission-critical C-suite priority – heralding a change in digital transformation priorities for businesses. Despite […]

In brands we trust?

Trusted organizations build unbreakable bonds with customers, attract the best talent, and have greater growth potential

IDC: why FSIs in APAC are buying RPA

Leading FSIs are betting on tech like automation, AI, and cloud to minimize the impact of the crisis, and have identified opportunities to survive and thrive after 2021.

How vendors can better understand enterprise customers

Why is it that vendors often miss the mark when it comes to understanding what is driving the CIO of a specific company? Gartner’s Hank Barnes suggests developing Fusion Teams. Not enough to have one person like a CTO represent the customer.

Will COVID-19 permanently change consumer payment behaviour?

In the face of witnessing a massive change in payments across the region, many banks are seen to be making strategic investments in payments infrastructure (i.e. payment hubs) which will allow them to cope with the potential new wave of payments soon to be upon them.

To succeed businesses must become software producers

IDC says organizations will have to transform themselves from software consumers to software producers to be successful. To act like digital natives they must make software the central activity of their business goals.

B2B sales reps struggle selling online

Gartner research reveals business to business (B2B) sales reps continue to struggle selling virtually, as they do in a live, onsite setting. Gartner says only 23% of B2B sales reps believe they are equally effective selling virtually as they are in a live, onsite setting. Gartner’s Seller Skill Assessment, which surveyed 1,122 sales reps September […]

The future of e-signing rests with young consumers

Digital documents are now the currency of business productivity – how businesses, governments and consumers communicate, collaborate and transact, thereby setting the agenda for the future economy

Forget mobile apps, go for messaging

Are the days of mobile apps numbered? Gartner predicts that by 2025, 80% of customer service organizations will have abandoned native mobile apps in favour of messaging for a better customer experience. Digital transformation for service organizations initially focused on websites for desktop users but shifted to enterprise-native mobile app experiences with the proliferation of […]

Playing the long game with chatbots

The global chatbot market is expected to grow by US$1.11 billion accelerating at a CAGR of almost 29% between 2020-2024. Technavio noted that during 2019, the retail segment dominated the Global Chatbot Market in 2019. Amazon, Flipkart, Alibaba, and Snapdeal are a few of the major e-commerce platforms. These retailers are implementing chatbots to provide […]

“Heart-ing” Digital

How do you achieve financial inclusion in rural Asia? RCBC’s Lito Villanueva shares the innovative strategies that the bank took to win the hearts and minds of Pinoys nationwide

Forrester APAC Predictions 2021

The success of organisations will depend on how quickly and how well they harness technology to enable their workforce in the new normal

Forrester says firms will double down on tech in 2021

Forrester says digitally advanced firms will have a sustained advantage over their competitors, and predicts accelerated investments in technology to both enable their workforce and provide differentiated experiences

CX metrics critical to supply chain success

To help build the business case for customer experience, look at metrics such as cost of service or compensation costs. These can help to justify the move to more customer-centric practices

IT to reset, restart and respond to a world of uncertainty

The future technologies that will lead the ‘reset of everything’ have three key commonalities: they promote greater innovation and efficiency in the enterprise; they are more effective than the technologies that they are replacing, and they have a transformational impact on society

8 trends define the consumer of the future

In the consumer products sector, the companies that will win are the ones who recognized what has changed for good but still manage to take into account uncertainties and shape possible outcomes.

Very Best CIOs in Asia: Change is the new normal

FutureCIO spoke to Vikram Subrahmanyam, Asia-Pacific chief information officer and head of operations & technology for Citi, on the everyday challenges of leading the regional operations and technology requirements of a global bank.

Accelerating digital transformation with software OEM

Implementing a Software OEM strategy can result in an increase in sales of existing products and services by increasing their value with improved capabilities—and delivering new solutions to customers and prospects faster

Forrester outlines the future of banking

Changing customer expectations, an erosion of consumer trust, and regulatory influence will drive banking to be invisible, connected, insights-driven, and purposeful by 2030

Surviving and thriving in the New Normal

Tools and solutions were already there before the COVID-19 pandemic; new capabilities are being added as companies face off-market and operational challenges or pivot their business model.

COVID-19 drives online banking trend in SG

SingSaver survey says 80% of Singaporeans agree they will continue to bank online even after the pandemic dies down, including older Singaporeans who have adapted to more online services during the Circuit Breaker period.

Forrester: Build CX that engage at an emotional level

Forrester’s US 2020 Customer Experience Index reveals CX differentiation is the key to post-pandemic success building experiences that help them empathetically engage with their customers will bolster customer loyalty

Podchats for FutureCIO: Strategies for getting AI off the ground

Shanhong Liu, a technology and telecommunications researcher for Statista, opined that the limitness applications of artificial intelligence (AI) – the creation of intelligent hardware or software that seeks to replicate human behaviours, such as learning and problem solving. Despite acknowledging that AI continues to the subject of people’s imagination and science fiction for decades, Statista, […]

Transforming customer engagement at Great Eastern

Fitch Ratings recently revised its outlook for the life insurance industry in Asia-Pacific to negative from stable, attributing the revision to the coronavirus outbreak and the impact on the credit quality of life insurers in the region. But even before the outbreak, insurers were already busy prepping for the transformation of the industry, including technology-led […]

Time to pivot to digital execution

Marketing ops are the workhorse of marketing – the unglorified worker bees that do many of the real work in marketing. Gartner says these pros can do much more in the digital era

Selling conversational AI to the CEO-CFO-CIO

Conversational AI is the process of enabling machines to have a conversation with the customers, with the end customers and human beings, and the machine should be capable enough.

Customer experience at 5G cross-roads

5G is almost here. I say ‘almost’ because we have yet to see broad deployment by major mobile operators across Asia – either at the consumer-retail level or enterprise. Yes, lots of PR wins by smartphone makers touting their next generation smartphones bearing the 5G standard. Similarly, network equipment vendors are giving themselves praises for […]

Five channel partner action items amidst COVID-19

What channel partners in Asia need to quickly wake up to is accept that nothing right now is business-as-usual. Here are five key challenges that will confront channel partners and what actions need to be taken.

Exnovation spiral for HK banks

Banks are obsessed to create innovative products, but it must use blockchain. His view is that blockchain is a technology still looking for a problem to solve.

New data monetisation opportunities for telcos in Asia

Kostas Anagnostakis, CEO and founder of Niometrics, said: “With the amount and variety of data at their fingertips, there is so much opportunity to do more and do better for customers, and with that, strike a competitive advantage.”

Human-centric culture powers innovation at RCBC

Lito Villanueva, executive vice president and chief innovation & inclusion officer with RCBC talks about the strategies taken by RCBC to create products and programmes that engaged its evolving customers.

Using AI to create connected commerce in APAC

In 2019, ecommerce continues to spike as consumers experience the convenience of shopping online, accept the relative safety of mobile payments, and not having to carry groceries back home. The free delivery is an added perk. How will the retail sector fair in 2020. Forrester vice president and research director, Fiona Swerdlow, cautions that deep-seated […]

CX not tech and channels key to 2020 success

CIO’s close working relationship with the executive leadership team is what will drive organisations to move to the next level – creating an experience-as-a-service mechanism

Decoding Union Bank Philippines’ data strategy

As Henry Aguda, senior executive vice president, chief technology & operation officer Union Bank Philippines and chairman of the Board at UBX Philippines, put it: “data to us is everything that we have on our customers.”

Patients drive healthcare trends and opportunities in 2020

The hfma report, Healthcare 2020: Transformative Innovation, calls a grim wakeup to the healthcare industry: “Over the next three to five years, innovations in clinical care delivery and healthcare business processes have the potential to reshape the competitive landscape in the industry. These innovations are enabled by the confluence of three trends: rapidly advancing technological […]

FutureTrends: UX experience depends on AX

Tony Sandberg, regional director for Asia Pacific at Kemp, talks about the role of technologies application performance management tools and techniques in achieving desired user experience benchmarks.

What customer experience means to a CIO

Barry Libenson, global chief information officer at Experian, says traditionalist CIOs tend to focus too much on operations and not enough on what is important to the business – customer experience.

Asia cashes in on booming business in online food delivery

McKinsey forecasts that the global addressable market for the new delivery to reach more than Euro20 billion by 2025. It also predicts that while there is an opportunity for new players to come in, consolidation will be a major characteristic of the industry in the years to come.

Creating differentiated value for 270 million people

We found out that the essential advantage of RBI is the massive amount of data that we own. We built contextual risk management using big data. We focused on three things: credit scoring, fraud detection services, and merchant assessment services.

Consumers spend approximately 5 hours a day checking their emails

Consumers spend approximately five hours a day checking their emails, specifically three-plus hours a day on work email and two-plus hours a day personal email, according to Adobe’s 5th annual 2019 Email Usage Study, which surveyed 1,000 white collar workers in the U.S. These consumers refresh their inboxes from a variety of times and places too: while […]

C-suite must transform or be marginalised

A team effort, having the right people on the executive team who understand and tie together the company strategy and the vision, from a technology point of view, is absolutely essential to successful digital transformation.

CX to benefit most from AI Augmentation

Augmented intelligence reduces mistakes while delivering customer convenience and personalization at scale, democratizing what was previously available to the select few.

Why, when and how of behavioural analytics

Management consultant and author Geoffrey Moore is quoted as saying: “Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” As organisations start to delve deeper in the use of data analytics, in part driven by suggestions that they become data-driven organisations, concerns are rising to […]

Measure customer effort right each time

How do you measure customer effort? Most customer experience (CX) pros use surveys. While the question text and scale they use can differ, the resulting score measures the level of effort. But we need to move beyond only measuring the level of effort. My new report explains why and gives suggestions for improving customer effort […]

Making money with data

Understandably there is more than one way to skin a cat, in this case, to monetize data.

Consumerization of Industrial IoT

IoT is already growing quickly, and edge computing is rapidly becoming a major trend. But in my opinion, what will really light a fire under both is the consumerization of IoT. IoT is, of course, a growing trend in enterprises, and in industry. In fact, in IT circles, the discussion is mostly about Industrial IoT (IIoT), […]

IoT to drive $35 billion of new revenues for operators

There are still high levels of dissatisfaction with regard to issues such as time taken to answer complaint calls. Furthermore, as operators seek to diversify and offer new services they will, in turn, need to ensure that their CRM services are robust enough to cope with the inevitable array of queries these will provoke.

Subscribe