CX solution providers making a strong impact in Q1 2023

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Summary

Contact center technology vendors spent the first quarter of 2023 racing to fold generative AI into their platforms, reshaping how enterprises manage customer conversations. Product launches, partnerships and strategic moves from major customer experience solution providers reveal how they compete on automation, agent productivity and vertical expansion.

Vendors including 8x8, Five9, Freshworks and NICE incorporated large language models such as ChatGPT into transcription, summarization, translation and agent-assist workflows, and these generative AI features are beginning to change the economics of running a contact center. New tools aimed at empowering frontline agents range from unified supervisor dashboards to no-code workflow automation studios that let non-technical staff build and maintain integrations.

Beyond product news, the deal-making backdrop for the quarter includes Verint's acquisition of appointment-scheduling specialist Qudini, alongside signals of where solution providers are choosing to expand their addressable markets next, whether through vertical-specific offerings or new geographic footprints. Benchmarking data rounds out the picture, comparing the top five contact center solution providers' revenue positions and highlighting which players are gaining ground fastest.

  • Covers generative AI rollouts from 8x8, Five9, Freshworks and NICE
  • Tracks contact center M&A activity and new areas of vendor expansion
Which contact center vendors are turning generative AI experimentation into a lasting competitive edge over their rivals?

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