NICE Customer Journey Analytics Recognized for Technology Excellence and Customer Impact Driven by Leadership in AI

By AIT News Desk On Nov 30, 2021

Quadrant Knowledge Solutions report highlights unique differentiators in NICE’s robust solution portfolio including industry-leading AI, and integrated, cloud native omnichannel platform

NICE announced that it has been recognized as a Technology Leader by Quadrant Knowledge Solutions. The global advisory and consulting firm’s SPARK Matrix™: Customer Journey Analytics (CJA), 2021 report highlights that NICE’s customer engagement portfolio “leads the pack as a sole provider of a CJA solution with an integrated journey and unstructured interaction analytics support.”

“NICE is proud to be recognized by Quadrant Knowledge Solutions as a Customer Journey Analytics Leader for Technology Excellence”

According to Priyanka Panhale, Analyst, Quadrant Knowledge Solutions, “NICE’s cloud-native and open CJA platform enables organizations to assess journeys and customer interactions, understand and personalize customer experiences, and optimize operational efficiency.” Priyanka adds, “NICE delivers a strong customer ownership with its robust solution portfolio and key CJA differentiators such as full-spectrum journey and interaction analytics, industry-leading AI, intuitive and flexible visualizations, and secure and scalable deployment models. With its robust AI capabilities through NICE Enlighten, strong customer value proposition, comprehensive functional capabilities, ability to cater to diverse use cases – including customer service cost optimization, customer experience improvement, providing a complete view of KPIs for agents and teams, sales effectiveness, customer satisfaction, and churn reduction, NICE reaffirms its position as a technology leader in the SPARK Matrix: Customer Journey Analytics (CJA), 2021.”

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The Quadrant Knowledge Solutions report recognizes NICE’s complete portfolio, citing “a broad suite of customer engagement analytics applications that deliver full-spectrum business insights to organizations and facilitate best practice customer experiences. This portfolio, analysts wrote, “stitches customer interactions together across different interaction points and empowers organizations to understand their customers’ omnichannel journey, predict intent and take actions. The NICE platform provides comprehensive customer journey analytics capabilities for data ingestion, contact reasoning framework, journey excellence score (JES), and reporting and analytics.”

NICE Nexidia was also cited as being “equipped with a comprehensive omnichannel contact reasoning framework that helps users visualize and analyze the intuitive customer journeys across their organization’s touchpoints. The platform leverages robust built-in speech and text analytics features to uncover customer intention across every interaction. Additionally, the platform helps to understand not only where the customer is interacting with the organization but also the reason behind the interaction.” The report added “NICE CJA platform provides a native quantitative evaluation metric titled journey excellence score (JES). The platform collates customer sentiments and survey scores with attributes originated from multi-touchpoint interactions to obtain a comprehensive score for the quality of the customer’s journey.”

PREDICTIONS-SERIES-2022 In addition to its leadership ranking in the SPARK Matrix™ for Technology Excellence, NICE received the highest score in the industry for Customer Impact. According to the report, “NICE’s CJA solution has been well received amongst large enterprise customers globally for its sales effectiveness, churn/retention, cost management, and customer satisfaction use cases. It provides robust AI features to detect and improve any congestion across the customer’s journey.”

The report also acknowledges NICE’s robust presence in North America and its expansion in Europe and Asia Pacific. Noting NICE’s strength in many top verticals, Quadrant Knowledge Solutions analysts state “the company, with its robust solution portfolio, comprehensive functional capabilities, and strong customer value proposition, is well positioned to expand its market share in the global customer journey analytics market.”

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“NICE is proud to be recognized by Quadrant Knowledge Solutions as a Customer Journey Analytics Leader for Technology Excellence,” said Barry Cooper, President, NICE Workforce and Customer Experience Group, “CX organizations are racing to meet customers at their digital doorstep and to do so, they are looking to industry leaders who can shorten the path and accelerate the time to value. Quadrant Knowledge’s independent research offers buyers an unbiased view into those that can lead their journey excellence.”

Quadrant Knowledge Solutions’ SPARK Matrix for Customer Journey Analytics provides a snapshot of key market participants and a visual representation of their positioning, along with strategic insights on how each vendor participant ranks related to their competitors across several axes representing a range of performance parameters coinciding with technology excellence and customer impact. These coordinates are then used to create the final SPARK Matrix.

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