SlideShare a Scribd company logo
1 of 1
Download to read offline
89%90% of companies agree or strongly agree that
efficiency (e.g., automation, timely access to
expertise and communities) is an objective of
their digital transformation strategy
of companies agree or strongly agree that
improving the customer experience or customer
engagement is an objective of their digital
transformation strategy
47%95%
of companies say measuring
Customer Lifetime Value is
essential to their business
strategy
of managers say Customer
Experience Management is
important to their
organization2
Organizations State
Customer Lifetime
Value is a Highly
Effective Measure...
Customer Retention 82% 67%
Customer Advocacy 77% 62%
Revenue Growth 82% 74%
Profitability Growth 83% 62%
vs
vs
vs
vs
Those That Do Those That Don’t
Companies that focus on
Customer Experience and measure
Customer Lifetime Value outperform those that don't 2, 3
To measure profitability
56%
To monitor cost reduction
initiatives
51% To compare customer
segments to each other
56%
To justify new technology
investments
58%
But it’s Not Always
Easy to Measure
Customer Lifetime
Value
of organizations claim
too many challenges
collecting the data
33%of organizations claim to
have insufficient technology
to support the initiative
38%
of organizations view Customer
Effort Score as an essential key
performance indicator
40%
1. Strategy, not Technology, Drives Digital Transformation Becoming a Digitally Mature Enterprise, MITSloan Management – 2015 Digital
Business Global Executive Study and Research Project
2. Global Report: Missing Customer Expectations? Dynamic Markets Research sponsored by Avaya, 2014,
3. All other data sourced from Frost & Sullivan research: The Significance of Customer Engagement: An Investigation into Customer Lifetime
Value (CLV), Frost & Sullivan, 2015.
About Avaya
Avaya is a leading, global provider of customer and team engagement solutions
and services available in a variety of flexible on-premise and cloud deployment
options. Avaya’s fabric-based networking solutions help simplify and accelerate
the deployment of business critical applications and services.
For more information, please visit www.avaya.com
To learn more, download your complimentary copy of
whitepaper now
The Significance of Customer Engagement:
An Investigation into Customer Lifetime Value (CLV)
1

More Related Content

More from Avaya Inc.

Month of Giving 2015
Month of Giving 2015Month of Giving 2015
Month of Giving 2015Avaya Inc.
 
Avoiding Outages: Network Issues
Avoiding Outages: Network IssuesAvoiding Outages: Network Issues
Avoiding Outages: Network IssuesAvaya Inc.
 
Franciscan Alliance Blazes New Trails in Healthcare Delivery
Franciscan Alliance Blazes New Trails in Healthcare DeliveryFranciscan Alliance Blazes New Trails in Healthcare Delivery
Franciscan Alliance Blazes New Trails in Healthcare DeliveryAvaya Inc.
 
Engaging the Internet of Things
Engaging the Internet of ThingsEngaging the Internet of Things
Engaging the Internet of ThingsAvaya Inc.
 
Avaya Stadium Goes Social!
Avaya Stadium Goes Social!Avaya Stadium Goes Social!
Avaya Stadium Goes Social!Avaya Inc.
 
Avaya Stadium Opener Infographic
Avaya Stadium Opener InfographicAvaya Stadium Opener Infographic
Avaya Stadium Opener InfographicAvaya Inc.
 
Avaya Video Everywhere
Avaya Video EverywhereAvaya Video Everywhere
Avaya Video EverywhereAvaya Inc.
 
The Simplicity of Networking
The Simplicity of NetworkingThe Simplicity of Networking
The Simplicity of NetworkingAvaya Inc.
 
Customer Loyalty & NPS Infographic
Customer Loyalty & NPS InfographicCustomer Loyalty & NPS Infographic
Customer Loyalty & NPS InfographicAvaya Inc.
 
Dynamic markets global CEM report
Dynamic markets global CEM reportDynamic markets global CEM report
Dynamic markets global CEM reportAvaya Inc.
 
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...Avaya Inc.
 

Driving Compliance through 
Real-time Speech Analytics 


Driving Compliance through 
Real-time Speech Analytics 

Driving Compliance through 
Real-time Speech Analytics 


Driving Compliance through 
Real-time Speech Analytics 
Avaya Inc.
 
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...Avaya Inc.
 
Landmark Bank Stays High-Touch while Going High-Tech
Landmark Bank Stays High-Touch while Going High-TechLandmark Bank Stays High-Touch while Going High-Tech
Landmark Bank Stays High-Touch while Going High-TechAvaya Inc.
 
Avaya Fabric Connect Enables Powerful Video Surveillance for Michigan’s Safe...
Avaya Fabric Connect Enables Powerful Video Surveillance  for Michigan’s Safe...Avaya Fabric Connect Enables Powerful Video Surveillance  for Michigan’s Safe...
Avaya Fabric Connect Enables Powerful Video Surveillance for Michigan’s Safe...Avaya Inc.
 
The Momentum of Collaboration and the Customer Experience
The Momentum of Collaboration and the Customer ExperienceThe Momentum of Collaboration and the Customer Experience
The Momentum of Collaboration and the Customer ExperienceAvaya Inc.
 
The Momentum of the Olympics
The Momentum of the OlympicsThe Momentum of the Olympics
The Momentum of the OlympicsAvaya Inc.
 
Amplifying Customer 
Value through 
Business Transformation
Amplifying Customer 
Value through 
Business TransformationAmplifying Customer 
Value through 
Business Transformation
Amplifying Customer 
Value through 
Business TransformationAvaya Inc.
 

More from Avaya Inc. (20)

Month of Giving 2015
Month of Giving 2015Month of Giving 2015
Month of Giving 2015
 
Avoiding Outages: Network Issues
Avoiding Outages: Network IssuesAvoiding Outages: Network Issues
Avoiding Outages: Network Issues
 
Franciscan Alliance Blazes New Trails in Healthcare Delivery
Franciscan Alliance Blazes New Trails in Healthcare DeliveryFranciscan Alliance Blazes New Trails in Healthcare Delivery
Franciscan Alliance Blazes New Trails in Healthcare Delivery
 
Engaging the Internet of Things
Engaging the Internet of ThingsEngaging the Internet of Things
Engaging the Internet of Things
 
Avaya Stadium
Avaya StadiumAvaya Stadium
Avaya Stadium
 
Avaya Stadium
Avaya StadiumAvaya Stadium
Avaya Stadium
 
Avaya Stadium Goes Social!
Avaya Stadium Goes Social!Avaya Stadium Goes Social!
Avaya Stadium Goes Social!
 
Avaya Stadium Opener Infographic
Avaya Stadium Opener InfographicAvaya Stadium Opener Infographic
Avaya Stadium Opener Infographic
 
Avaya Video Everywhere
Avaya Video EverywhereAvaya Video Everywhere
Avaya Video Everywhere
 
The Simplicity of Networking
The Simplicity of NetworkingThe Simplicity of Networking
The Simplicity of Networking
 
Customer Loyalty & NPS Infographic
Customer Loyalty & NPS InfographicCustomer Loyalty & NPS Infographic
Customer Loyalty & NPS Infographic
 
Dynamic markets global CEM report
Dynamic markets global CEM reportDynamic markets global CEM report
Dynamic markets global CEM report
 
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...
Prairie View Networking Academy (PVNA) Embraces Powerful Avaya Networking Pla...
 

Driving Compliance through 
Real-time Speech Analytics 


Driving Compliance through 
Real-time Speech Analytics 

Driving Compliance through 
Real-time Speech Analytics 


Driving Compliance through 
Real-time Speech Analytics 

 
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...
Coastal Californian Community Deploys Avaya Network to Enable Mission-Critica...
 
Landmark Bank Stays High-Touch while Going High-Tech
Landmark Bank Stays High-Touch while Going High-TechLandmark Bank Stays High-Touch while Going High-Tech
Landmark Bank Stays High-Touch while Going High-Tech
 
Avaya Fabric Connect Enables Powerful Video Surveillance for Michigan’s Safe...
Avaya Fabric Connect Enables Powerful Video Surveillance  for Michigan’s Safe...Avaya Fabric Connect Enables Powerful Video Surveillance  for Michigan’s Safe...
Avaya Fabric Connect Enables Powerful Video Surveillance for Michigan’s Safe...
 
The Momentum of Collaboration and the Customer Experience
The Momentum of Collaboration and the Customer ExperienceThe Momentum of Collaboration and the Customer Experience
The Momentum of Collaboration and the Customer Experience
 
The Momentum of the Olympics
The Momentum of the OlympicsThe Momentum of the Olympics
The Momentum of the Olympics
 
Amplifying Customer 
Value through 
Business Transformation
Amplifying Customer 
Value through 
Business TransformationAmplifying Customer 
Value through 
Business Transformation
Amplifying Customer 
Value through 
Business Transformation
 

Recently uploaded

[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...gurkirankumar98700
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Servicegiselly40
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...shyamraj55
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationRadu Cotescu
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Allon Mureinik
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfEnterprise Knowledge
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slidevu2urc
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 

Recently uploaded (20)

[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 Presentation
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 

An Investigation Into Customer Lifetime Value

  • 1. 89%90% of companies agree or strongly agree that efficiency (e.g., automation, timely access to expertise and communities) is an objective of their digital transformation strategy of companies agree or strongly agree that improving the customer experience or customer engagement is an objective of their digital transformation strategy 47%95% of companies say measuring Customer Lifetime Value is essential to their business strategy of managers say Customer Experience Management is important to their organization2 Organizations State Customer Lifetime Value is a Highly Effective Measure... Customer Retention 82% 67% Customer Advocacy 77% 62% Revenue Growth 82% 74% Profitability Growth 83% 62% vs vs vs vs Those That Do Those That Don’t Companies that focus on Customer Experience and measure Customer Lifetime Value outperform those that don't 2, 3 To measure profitability 56% To monitor cost reduction initiatives 51% To compare customer segments to each other 56% To justify new technology investments 58% But it’s Not Always Easy to Measure Customer Lifetime Value of organizations claim too many challenges collecting the data 33%of organizations claim to have insufficient technology to support the initiative 38% of organizations view Customer Effort Score as an essential key performance indicator 40% 1. Strategy, not Technology, Drives Digital Transformation Becoming a Digitally Mature Enterprise, MITSloan Management – 2015 Digital Business Global Executive Study and Research Project 2. Global Report: Missing Customer Expectations? Dynamic Markets Research sponsored by Avaya, 2014, 3. All other data sourced from Frost & Sullivan research: The Significance of Customer Engagement: An Investigation into Customer Lifetime Value (CLV), Frost & Sullivan, 2015. About Avaya Avaya is a leading, global provider of customer and team engagement solutions and services available in a variety of flexible on-premise and cloud deployment options. Avaya’s fabric-based networking solutions help simplify and accelerate the deployment of business critical applications and services. For more information, please visit www.avaya.com To learn more, download your complimentary copy of whitepaper now The Significance of Customer Engagement: An Investigation into Customer Lifetime Value (CLV) 1