Techaisle Blog

As an industry analyst and a market researcher, it is my job to cut through the noise of the technology market and identify strategies that deliver tangible value. In the current AI-obsessed landscape, the Customer Experience (CX) sector is perhaps the noisiest of all. Every vendor promises sweeping transformation, yet a crisis of confidence is brewing. Based on Techaisle's ongoing research into enterprise and midmarket IT priorities, businesses are increasingly trapped in "pilot purgatory," spending fortunes on AI science projects that fail to deliver measurable outcomes. A vast majority of AI initiatives reportedly fail, often because they are measured by vanity metrics like "tokens consumed" instead of tangible business results.

Against this backdrop, Verint’s recent "Engage" conference presented a refreshingly pragmatic and potent strategy. Under the banner of "AI Business Outcomes. Now," Verint is making a calculated bet not on the hype of a monolithic, all-knowing AI, but on a focused, measurable, and open approach to CX Automation. This strategy is particularly relevant for enterprise and midmarket customers who are weary of disruption and demand demonstrable returns on their technology investments.

The Verint Strategy: Pragmatism Over Platitudes

At its core, Verint’s strategy is built on the understanding that CX operations are a complex web of manual workflows - from quality assurance and coaching to analytics and compliance. The goal of AI, therefore, should not be a vague promise of "intelligence" but the specific, targeted automation of these workflows to create capacity, boost revenue, and elevate customer experience simultaneously.

This philosophy underpins Verint's entire platform and go-to-market motion. Verint announced that over 50% of its annual recurring revenue is now derived from AI-powered solutions, a staggering jump from virtually zero just two years ago. This growth is not accidental; it is the result of a differentiated approach that directly addresses the primary fears and frustrations of today's technology buyers.

Deconstructing "Unique": The Four Pillars of Verint’s Differentiated Strategy

While many vendors claim to be unique, Verint's claim is substantiated by four interconnected strategic pillars that directly address key customer pain points.

Digital transformation success requires that channel partners respond to a diverse set of challenges: the channel organization needs to be able to balance extensive consulting and executive customer management with product transactions, ongoing management services and tangible contribution to customer business success. Those that are able to align their capabilities with digital transformation requirements will be positioned for long-term success in IT’s highest-growth market. Techaisle’s digital transformation (DX) framework highlights six ways that channel partners can profitably connect with customers in their initial stages of the DX journey. At the beginning of the DX journey, channel partners should plan to deliver billable services in foundational technology areas:

1. Deployment of discrete foundation technologies needed to enable pursuit of DX business objectives: The requirement for these technologies should be clearly associated with capabilities needed within the DX roadmap; the systems themselves should be prioritized in accordance with the benefits that they deliver.
2. Provision of management/support for technology tied to the DX roadmap: In this step it is essential for channel partners to increase customer communication so that they understand the value associated with ongoing support and integration that maintains the currency of the DX platform by managing its discrete IT components.
3. Development and delivery of incremental feature/function objectives: Some of the technologies deployed within the DX framework may provide all needed functionality ‘out of the box,’ while others may benefit from ongoing enhancements. In these latter cases, both channel partners and their customers will benefit from the addition of features that provide incremental benefit to users/organizations that have absorbed current capability and who are ready for, and have need for, additional functionality.

Interwork technologies

Once the foundational level is in place and immediate benefits of the technology have been identified and communicated as ‘success stories’ within the customer organization, the channel partner should help the customer move on to the next DX level: establishment of connected ‘Interwork’ systems. Here, channel partner opportunities expand to include higher-value activities:

Today, there are several different frameworks that are being used. One of the most common is a six-step process from awareness to purchase. Techaisle’s view is that a buyer-centric marketing framework should consist of four stages which can be easily understood and actionable. Techaisle’s four-stage framework begins from the stage when a business need is generated within a firm and search begins for a technology solution. These four stages are:

1. Identification of business requirements / needs,
2. Determination of technology requirements to meet business needs,
3. Identification of potential solutions and suppliers,
4. Selection of solution and supplier

In each of the above stages it is important for the marketer to understand the decision-making unit, the decision makers and their care-abouts.

Consider these facts from Techaisle’s SMB and midmarket buyer’s journey research:

• 275% increase in number of decision makers in the last decade
• 87% of firms search for partners to help simplify technology
• 74% of IT purchases are triggered by an acute business pain point
• 70% of the buyer’s journey is complete before first meaningful contact with a potential supplier
• 56% of buyers are millennials and Gen-Zs are not far behind
• 24% of firms use six or more information sources

Over the past decade, there has been an explosion in the number and types of information sources available to SMB IT and business decision makers. It is no longer the case that these ITDMs and BDMs can be moved predictably through a process that starts with an initial inquiry and progresses through education to qualification and to a sale. Instead, technology buyers are increasingly self-educated and make contact with a supplier, not with an initial inquiry, but with a fully-formed request.

Techaisle’s survey of 1120 US SMBs, 360 on Balance of Authority: decision cycle, shows that SMBs engage with IT supplier at 50% decision stage. In fact, worst still, the IT supplier’s and channel partner’s role begins in when price, deployment & support are the only points left to discuss.

Techaisle’s corresponding survey of 1246 US SMBs, Influencing the SMB buyers’ journey, shows that “Campaign marketing” has become a relic of an earlier age, replaced by a content marketing brew combining “thought leadership” (to engage new prospects) and ‘digital discovery’ (to ensure visibility for the thought leadership).