thomas.wieberneit@aheadcrm.co.nz
How to make efficient use of generative AI

How to make efficient use of generative AI

Generative AI is here to stay. It is not only a hype that probably gets worse before it gets better. And we clearly still are in a hype, as the following chart showing the search interest for ChatGPT between October 1, 2022 and April 12, 2023 from Google Trends shows. Similarly, the Gartner Group sees Generative AI technology approaching the peak of inflated expectations in its 2022 hype cycle for artificial intelligence. To be sure, we see only the tip of the iceberg when looking at voice, text or image based services that we all know and use. The Gartner Group also foresees many industrial use cases reaching from drug and chip design to the design of parts to overall solutions.  You think that these scenarios lie far in the future? Read this Nature article from 2021 and think again. And in contrast to some of the other hypes that we have seen in the past few years, there are actual use cases that support the technology’s survival of the trough of disillusionment. As there are viable use cases, unlike “Metaverse”, Blockchain or NFTs have shown, generative AI is not a solution in search of its problem. Apart from OpenAI’s GPT and Dalle-E models that surely caught everybody’s attention in the past weeks and months, there are a good number of large language models that are just less known. A brief research that I recently conducted, unearthed more than 50 models that got published over the past few years. For their paper A Survey of Large Language Models that focuses on “review[ing] the recent advances of LLMs by introducing...
How an ISP uses Zoho One to improve outcomes

How an ISP uses Zoho One to improve outcomes

During the truly remarkable (pun definitely intended) TrulyZoho event I, of course had the chance to talk to some customers. One of these customers was Amit Rai of Tata Fiber, an Indian ISP. As the name suggests, Tata Fiber provides internet services through fiber. The company was founded in 2016 and started commercial rollout in 2018, so is a kind of start-up. Amit is the Chief HR Officer of Tata Fiber, but also led their digital projects and is now heading business development for the company.  He happily agreed to a conversation about the relationship between Zoho and Tata. The following article is based on the conversation with Amit. TL&DR If you do not want to read and prefer a video, you can also listen in to the conversation. The original problem at hand We started in 2019 with HR management, in particular with Zoho people, as a solution in this functional area was needed. The implementation gave us confidence in Zoho and our implementation partner. From there on we implemented additional Zoho apps. We started on the call center as the agents needed to work with and toggling between  a multitude of screens when working with a customer to resolve issues. The agents in parallel needed to talk to the customer, making sense. Of course, the quality of the conversations suffered from this and the conversations got longer. Longer conversations are a cost to us. Why Zoho? The original implementation gave us a good confidence in Zoho. This was not only because of the product but also because of the responses from the Zoho organization and the implementation team, the...
How to tie CX to business success in three simple steps

How to tie CX to business success in three simple steps

In 2022, the Forrester CX Index dropped for the first time in years, with nearly twenty percent of US brands seeing a drop in customer experience.  Towards the second half of 2022, an increasing number of companies fear a recession and put their spending under scrutiny.  At the same time, companies still struggle to link CX projects to business outcomes and their metrics, let alone to financial metrics. In addition, Forrester predicts  that also in the next few years, CX teams will lack critical design, data and journey skills. In parallel, there is an increasing number of companies that deliver software and/or services that are intended to help businesses improve their CX. In the past years, CX has established itself as a whole new category of software. Many a company has repositioned itself to become a CX vendor, examples including all major CRM vendors, but also call center specialists like Genesys. And, naturally, a good number of these new CX actors got – and get – acquired by bigger fish. A very good example of this trend is the decrease in the number of independent journey orchestration vendors or the concentration of chatbot vendors into conversational AI vendors. Of course, this list cannot be exhaustive in any case. So, clearly vendors are betting big on CX being a growth market, while their clients still struggle to justify the expense into CX. This leads Forrester to predict that twenty percent of CX programs will be stopped and the teams correspondingly disbanded and probably be merged into other parts of the organization. Why is this? Although the true differentiator of every business nowadays is not product,...
Social media is dead – long live social media

Social media is dead – long live social media

Rest in peace, Social Media! Yes, I know, you have been pronounced dead numerous times already, and that as early as 2011 by the Sillicon Valley Watcher, if not earlier. You lived on. Still, now you really need to admit that you are a dead thing walking. You had a short, yet exhilarating life. And you, admittedly, developed astonishingly fast and far from your humble beginnings in the early 1970s and the first bulletin board systems around 1980. These have been the glory days of FidoNet, CompuServe, or AOL. SixDegrees.com followed later. The early noughts gave us a flurry of messaging systems, LinkedIn and XING, not to forget the infamous 4chan. Anno domini 2004 brought us Facebook, 2005 brought us YouTube, Twitter followed in 2006. Google attempted repeatedly to get the hang of you (Orkut, Google+, anyone?) and still has some messaging services up and running. All of these platforms have in common that they started up with the claim, some of them even with the objective, to make the Internet more social, to foster user generated content and to, ultimately, shift the power balance from corporations to their customers. Who does not remember the war cry “the customer is in control”. This referred to the idea that the customer could get more information that is not controlled by brands, so that they can be better informed, instead of being forced to rely on corporate broadcasts. This should have been achieved by giving customers a voice that is as strong as the corporate one, albeit without the (marketing) budget behind. In line with the definition of social, it enabled...
How to improve CX in times of a downturn

How to improve CX in times of a downturn

Finally, it happened. We lived in our blissful world of an abundance of money that fuelled the illusion of eternal and unlimited growth. The stock markets knew only one direction for a decade. They were rising and rising. Venture capital was readily available. Valuations of all sorts of companies, profitable or not, skyrocketed. Growth at all cost over profitability has been the war cry. Acquisitions have been extremely expensive up to the end of 2021. Logic never supported this illusion, the signs have been on the wall, yet we closed our eyes.  Then, in 2022, reality knocked at our doors, and none too subtle. In the “CX industry”, examples for this quite rude awakening include Zendesk. Zendesk went  private in June 2022 for $10.2 bn after refusing a $16+ bn offer in February 2022. Another one is Freshworks shares starting a steep decline in October 2021 after a very successful IPO in September 2021. These are only two examples and I by no means want to single out these great companies. Other signs included an increasing number of major layoffs throughout the first half of 2022, culminating in Salesforce announcing more focus on profitability due to a subdued outlook and subsequently laying off 8 thousand employees. Oracle already laid off more than 10 thousand employees of its CX division in August 2022. Amazon fired 18 thousand employees since November, 2022. Especially companies in the tech industry increasingly implemented hiring freezes throughout 2022. This is to quite an extent a consequence of their optimism (or should we say hubris?) but also of companies across industries keeping their budgets in tighter control than before. Another problem is that the definition of customer experience...