Observed Signal · Jan 23, 2024 · Research Report · Source: CMSWire · Impact: 3/5 · Sentiment: Positive

2024 Digital CX Report Highlights AI Investment and Collaboration Gaps

Executive Signal Summary

The CMSWire State of Digital Customer Experience 2024 report, based on responses from over 1,100 DCX executives, reveals that 81% consider DCX extremely or very important. The top challenge remains limited cross-department collaboration, a trend persisting for three consecutive reports. Teams are increasingly investing in advanced tools like DXPs, CDPs, and journey orchestration, with a notable rise in AI and machine learning spending. Generative AI interest is high, with 77% of respondents exploring its potential. The report indicates a maturing DCX landscape with growing perceptions of tool effectiveness, yet over a quarter of teams still see room for improvement.

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The report provides comprehensive industry benchmarks on DCX priorities, tool investments, and generative AI adoption, influencing MarTech and AdTech vendor roadmaps and strategic planning.

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Key Takeaways & Evidence Grounding

  • 81% of DCX leaders rate digital customer experience as extremely or very important.
  • Limited cross-department collaboration is the top challenge for the third consecutive report.
  • 71% of DCX teams consider their tools to be working well or satisfactory, up from 54% in 2018.
  • Plans to invest in AI and machine learning increased 15% year-over-year to 40%.
  • 77% of respondents are exploring generative AI applications for their business.

Connected Companies & Entities

1 Entity mapped

“OpenAI debuted ChatGPT in November of 2022, setting the table for a year of generative AI infusion into digital customer experiences....”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CMSWire•Published: Jan 23, 2024
Original Coverage Title: “5 Findings From the 2024 'State of Digital Customer Experience' Report”

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