What makes a CCM Leader? IDC names OpenText
Digital transformation is changing the world of Customer Communications Management (CCM). Increasing demand for interactive correspondence via social, web, and SMS channels, has seen CCM technology evolve to meet new Customer Experience Management challenges: Traditional automated document generation solutions for structured batch output are transforming into intelligent interactive omnichannel communications.
So what are the available solutions, and which one is right for your business’s unique challenges? You can find out in IDC’s latest report, which names Swedwise partner OpenText as a leader in CCM: IDC MarketScape: Worldwide Customer Communications Management 2020 Vendor Assessment.
What makes a CCM Leader?
IDC focused their evaluation on core the capabilities of authoring, processing, delivering, and reporting. Vendors were then surveyed and further investigated to ensure that the offerings qualified with both capabilities and strategies related to the CCM market, and the vendor had won recent CCM deals.
Customer Engagement is the #1 driver
IDC’s Customer Communications Management Survey found that improving CX was the primary business goal of their CCM solution. 27% of respondents stated their CCM solution was used to improve brand recognition, and ensure standardised brand voice across all touchpoints. IDC estimates that by 2023, 65% of consumers will be using voice, images, and augmented reality for interacting with brands via their mobile device, extending the physical and digital experiences. 73% of consumers say a good experience is key to brand loyalty. Loyal customers are 5X more likely to purchase again. Customers tell 9 people about a positive experience, and 16 about a negative experience.
Enabling business users without reliance on IT
According to IDC, there is also continued shift towards empowering employees of different departments such as operations, legal, finance or marketing with easy-to-use tools, which up-skill users without reliance on IT. More and more organisations seek specialised tools that tailor the user experience to generate documents and communications within the context of a task, use case, or business value stream.
What kind of CCM is right for your business?
Technology buyers should envision what they need in terms of customer communications in the future, and consider solutions that will scale and innovate. Multiple communications systems, siloed customer data and ever-changing legal requirements make it challenging. What’s needed is a way to control the flow of data throughout an organisation, while being able to make available quickly when it’s needed, and then use that data to improve internal and external communications at a moment’s notice.
Whether you are looking to consolidate all communications onto an intelligent communications platform or streamline document generation through a tailored solution, it’s crucial that the solution supports tomorrow’s known and unknown challenges.
Futureproof with Exstream – A leading CCM Platform
Exstream is OpenText’s CCM platform. The solution addresses today’s organisational CCM challenges by giving business users (LOB) the tools they need to design and modify communications themselves without costly IT involvement. If your organisation requires high-volume batch, interactive, and on-demand omnichannel customer communications across a variety of business roles within a single solution, Exstream from OpenText is a highly capable tool.
Omnichannel communications at scale
Exstream offers Enterprise grade capabilities with microservices flexibility: Omnichannel communications at scale; On Premise, Cloud or Hybrid. Exstream leverages the data and content that already exists within the organisation to create personalised, engaging communications on the preferred channel, screen size and device of the customer. Exstream scales to fit the needs of any department or complex enterprise environment.
Find out more
We provide you with the skills and tools to realise your CCM goals. In a dialogue with Swedwise, you get suggestions for solutions designed according to your specific goals using industry-leading tools. If you would like more information, we are always available for a chat about your challenges Contact us at firstname.lastname@example.org or +46 70 279 99 71.