technology customer experience management
Published on : Feb 19, 2025
New research from Pegasystems and YouGov highlights growing consumer frustration with outdated, siloed technology that negatively impacts customer experience. 77% of consumers believe businesses should invest in improving interactions, but many feel companies prioritize profits over IT modernization.
Customer Experience Is Declining
Slow, Inefficient Customer Service
Technical Failures Frustrate Consumers
Bad Experiences Drive Customers Away
A global Protiviti survey of C-level executives found that 70% see technical debt as a major innovation barrier. In the U.S. alone, managing legacy systems costs an estimated $2.41 trillion annually.
"Businesses must address technical debt and leverage AI-driven solutions like Pega GenAI Blueprint™ to modernize inefficient systems," said Don Schuerman, CTO, Pega. "Failing to act risks both customer satisfaction and brand reputation."
As consumer demands rise, businesses need to prioritize AI-driven modernization to enhance efficiency, engagement, and customer loyalty in the digital age.