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With Businesses Experiencing A ‘Major Shift,' It's All Hands On Deck For CX

With Businesses Experiencing A ‘Major Shift,' It's All Hands On Deck For CX

Forbes17-04-2025
In 2025, businesses need to transform how they look at the customer experience. It's no longer a function of a dedicated department focused on CX. Now, it's the domain of virtually all functions. Organizations that understand this, and strategize accordingly, are far better positioned to beat the competition.
This is one of many key findings in a new study, The Leader's Guide to CX Trends in 2025, from my company, Nextiva. In partnership with Dimensional Research, we went looking for the biggest CX trends of 2025, surveying more than 1,000 decision makers responsible for CX, strategy or operations. Their responses show how much the landscape has changed, and where businesses have work to do.
After years of being relatively sidelined, the customer experience has become a dominant -- often the dominant -- force in business success. Virtually everyone we surveyed (96%) said their company leadership now believes CX is a key driver of business outcomes. 'In fact, more survey respondents named CX as an important driver of business results than they did operational efficiency or even product quality,' the report explains. 'It's a major shift from years past, as reflected by two-thirds of CX leaders reporting that it's easier now to get approval for CX investments than it was five years ago.'
While businesses are ready to invest, they also need to be careful about which investments they make. With so many businesses now jumping on the bandwagon, differentiation comes from addressing the most important needs.
For example, organizations may be tempted to focus on hiring more staff in a customer experience division. While this may be part of the answer, it isn't enough. That's because now, a wide range of departments and functions have a dramatic effect on whether CX efforts succeed.
'Today, multiple customer-facing and back office teams play a role in the customer journey, influencing the way users behave in-app, make buying decisions, and receive support,' the survey finds. Respondents 'called out sales, product, digital, marketing, and a handful of other teams as part of delivering a great customer experience.'
When asked which functions deliver a great customer experience, nearly three quarters of respondents included traditionally 'back office' teams. More than four in ten cited product development and management. Nearly a third pointed to operations. Eighteen percent said they think of business operations such as legal, finance, and HR. More than a quarter of people surveyed named five or more different teams as part of delivering CX.
Many business leaders understand intuitively that people across the company impact what the customer experience is like. But that doesn't mean their organizations are doing enough to get all these departments involved in CX efforts. The overwhelming majority (85%) of people we surveyed said their organizations need more shared responsibility for the customer experience.
This new paradigm has practical implications. When people in a wide array of functions are aware of CX as a priority, they're more likely to develop ideas and solutions that help improve it.
Unifying communications to improve CX
The involvement of so many people across functions makes it more necessary than ever for everyone to share information instantly. People need access to the latest details of customer journeys, requests, pain points, efforts to resolve problems, and more. So a unified customer experience management platform that brings together data from across all different channels must be a staple. It should also be powered by AI, helping everyone glean insights instantly.
Numerous studies have explored how valuable a unified communications strategy can be on the customer experience. A new study, published in the Journal of Systems and Information Technology, looked into the success of a chatbot tool embedded in a unified communications framework.
Researcher Fernando Almeida found that this model improves completion rates. She also found that when digital marketing organizations use unified chatbots, they improve 'the quality of customer interaction, message personalization and continuous learning throughout the process.'
This is just one of myriad ways that integrating communications helps companies improve CX. In deciding which steps your organization should take, 'Take a close look at your data and start with use cases that will produce the most value for your company rather than follow any single trend,' our survey recommends.
This could prove to be businesses' biggest opportunity this year. Customers are up for grabs, ready to leave a brand over one bad experience. Businesses that empower their entire workforce to be a part of improving CX in practical ways will have the upper hand.
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NiCE Reports 12% Year-Over-Year Cloud Revenue Growth for the Second Quarter 2025 and Raises Full-Year 2025 EPS Guidance
NiCE Reports 12% Year-Over-Year Cloud Revenue Growth for the Second Quarter 2025 and Raises Full-Year 2025 EPS Guidance

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NiCE Reports 12% Year-Over-Year Cloud Revenue Growth for the Second Quarter 2025 and Raises Full-Year 2025 EPS Guidance

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Non-GAAP financial measures consist of GAAP financial measures adjusted to exclude share-based compensation, amortization of acquired intangible assets, acquisition related and other expenses, amortization of discount on debt and the tax effect of the Non-GAAP adjustments. The Company believes that these Non-GAAP financial measures, used in conjunction with the corresponding GAAP measures, provide investors with useful supplemental information about the financial performance of our business. We believe Non-GAAP financial measures are useful to investors as a measure of the ongoing performance of our business. Our management regularly uses our supplemental Non-GAAP financial measures internally to understand, manage and evaluate our business and to make financial, strategic and operating decisions. These Non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. 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Accordingly, a reconciliation of the guidance based on Non-GAAP financial measures to corresponding GAAP financial measures for future periods is not available without unreasonable effort. About NiCE NiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes. Trademark Note: NiCE and the NiCE logo are trademarks or registered trademarks of NICE. All other marks are trademarks of their respective owners. For a full list of NiCE trademarks, please see: Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as 'believe', 'expect', 'seek', 'may', 'will', 'intend', 'should', 'project', 'anticipate', 'plan', and similar expressions. Forward-looking statements are based on the current beliefs, expectations and assumptions of the Company's management regarding the future of the Company's business, performance, future plans and strategies, projections, anticipated events and trends, the economic environment, and other future conditions. Examples of forward-looking statements include guidance regarding the Company's revenue and earnings and the growth of our cloud, analytics and artificial intelligence business. 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AND SUBSIDIARIES U.S. dollars in thousands (1) Share-based compensation Quarter ended Year to date June 30, June 30, 2025 2024 2025 2024 Cost of cloud revenue $ 3,293 $ 2,852 $ 6,471 $ 5,792 Cost of services revenue 2,241 2,617 4,696 4,995 Cost of product revenue 21 30 43 60 Research and development 3,178 7,484 7,871 15,297 Sales and marketing 13,258 13,210 28,672 26,739 General and administrative 16,924 17,429 36,087 36,383 (2) Acquisition related and other expenses June 30, June 30, 2025 2024 2025 2024 Cost of cloud revenue $ - $ - $ - $ 62 Research and development - - - 330 Sales and marketing - - - 643 General and administrative - - 395 877 $ - $ - $ 395 $ 1,912 Expand NICE LTD. AND SUBSIDIARIES U.S. dollars in thousands Quarter ended Year to date June 30, June 30, 2025 2024 2025 2024 Unaudited Unaudited Unaudited Unaudited GAAP net income $ 187,404 $ 115,785 $ 316,694 $ 222,158 Non-GAAP adjustments: Depreciation and amortization 44,612 51,520 88,053 103,280 Share-based compensation 37,310 42,226 80,647 86,630 Financial and other expense/ (income), net (14,820 ) (15,645 ) (30,670 ) (29,654 ) Acquisition related and other expenses - - 395 1,912 Valuation adjustment on acquired deferred commission - (8 ) - (23 ) Taxes on income (11,992 ) 28,684 22,737 57,759 Non-GAAP EBITDA $ 242,514 $ 222,562 $ 477,856 $ 442,062 Expand NICE LTD. AND SUBSIDIARIES U.S. dollars in thousands Quarter ended Year to date June 30, June 30, 2025 2024 2025 2024 Unaudited Unaudited Unaudited Unaudited Net cash provided by operating activities $ 61,322 $ 169,668 $ 346,393 $ 424,158 Purchase of property and equipment (4,579 ) (6,455 ) (8,246 ) (16,976 ) Capitalization of internal use software costs (18,137 ) (15,238 ) (34,903 ) (31,174 ) Free Cash Flow (a) $ 38,606 $ 147,975 $ 303,244 $ 376,008 Expand (a) Free cash flow from continuing operations is defined as operating cash flows from continuing operations less capital expenditures of the continuing operations and less capitalization of internal use software costs. Expand

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Yahoo

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