Mehtaphysical Musings: The results are here — AI in Customer Success

Mehtaphysical Musings: The results are here — AI in Customer Success

When something is new and all hype, it’s easy to get lost in the excitement (take for instance, 90% of my 2023 LinkedIn posts referencing Taylor’s Eras tour). But once that hype dies down, sometimes things get even more exciting (for instance, me starting my support group for middle-aged dads who are Swifites).

Though SaaS may be exiting the Generative AI hype phase (and entering the prove-ROI phase), that’s only opened the door for more opportunity. Now, we’re innovating, making it happen, and working together to evolve the Customer Success industry together. At Gainsight alone, we’ve been doing a TON with AI.

Check out video previews of our features here and read about them below:

  • Customer Cheat Sheet combs through years of data—your changes, risks, requests, and more—and provides all relevant information ahead of meetings so you can focus more on those human-to-human touchpoints.
  • Meeting Assist will take notes for your customer calls by automatically generating call summaries, creating recommended follow-up actions, and identifying customer risks and issues.
  • Takeaways will provide an aggregated summary of recurring customer feedback and opinions, automatically searching and summarizing customer insights from survey responses as well as Timeline entries.

The future of Generative AI is here, empowering Customer Success professionals to spend more time on what matters most (the customer!). And there’s even more on the not-so-distant horizon for Gainsight’s AI capabilities:

  • Automated logging and summarization of emails.
  • Dynamic content in email templates, from generated images to success snapshots.
  • New integrations for Gainsight’s Meeting Assist summaries.

These priorities come directly from leaders in the industry. We recently published an AI survey that collected answers from 400 Customer Success professionals, covering various company sizes, annual contract values, industry segments, leadership positions, and geographic locations. You can check out the full report here. The bottom line is that AI is still the path ahead, whether or not the hype is here to stay.


Companies with CSM Org Have Higher GRR and NRR

All right Customer Success community - THIS is the chart to show your CFO to support having and growing a CS team. We partnered with Benchmarkit to study 400+ SaaS companies and understand key questions in CS.

But the "drop the mic" ?? slide is below...

TLDR: ?? Companies with CSM teams versus not have 14.3% higher Gross Retention

Go get your budget for 2024! ??????

You can check out others’ comments in the original LinkedIn post here.


Current Mood

So excited for the rest of Pulse Europe this week in Amsterdam! Lots has been going on behind the scenes to capture the CS magic in EMEA again, and there’s much more to come following that opening keynote. Get ready to talk about all the hot topics in CS—from Generative AI, to durable growth and more. That “more” may also include questionable fashion choices on my end (unlike Taylor Swift’s incredible presence in her Amsterdam video).


AI Meets SaaS

I’ve kicked off a web series titled, “AI Meets Saas,” where I meet with influential leaders in tech to talk about how they’re using AI in their businesses. Topics so far have included AI’s impact on UX, the future of work, and how AI and Human touch points can work better together. Stay tuned as we release additional interviews!?

Watch the latest episodes today!


In Case You Missed It!

Tejash Mehta

Customer Success Leader.ARR Retention, Expansion Revenue & NPS. Proven Success in Scaling Teams & Accelerating Product Adoption.[Opinions or views expressed here are solely my personal opinions]

1 年

Nick Mehta Excellent insights. My takeaway - Companies with CSM Org Have Higher GRR and NRR [indeed a great news] Looking forward and excited about 'AI Meets SaaS'. As of now I have bing watched all 3 episodes

Vivek Gupta

VP, Engineering | Building Teams, Products | Kubernetes, Storage, Data Protection, Backup, Archival, DR, Cloud, Security, Clustering, Virtualization

1 年

Nick - when are you inviting Taylor Swift to a Pulse event?

回复
Deepak Verma

Customer Success & Accessibility Professional

1 年

Exciting stuff. Looking forward to diving into this Nick Mehta. But first, where do I sign up for the middle aged dad Swifties support group? ??

回复
Sanjeev Arya

Growth, Strategy, Transformation | Enterprise Software, Telecoms, Technology Services

1 年

This is wonderful, Nick Mehta. Customer Success is going to be a well acknowledged differentiator. Technology will level out everything else. Only thing standing out would be the efforts and intentions to help customers and partners succeed, and thats going to fuel our success in return.

Donald Hammons, MBA

mxHERO EVP, Global Alliances, ? U.S. Navy Veteran, Author, Digital Transformation Strategist, University of Texas (Dallas) MS/MBA, Box Certified Professional (BCP), SFDC Certified (ADM), Bubo Defense Co-Founder

1 年

Congratulations ??Nick Mehta to you and Team Gainsight ! We all know the value of prioritizing customer success and with #GenerativeAI we’ll now be able to ‘see around corners’ and that will allow us to be more empathetic, more targeted and more engaged when it comes to ensuring our organizational alignments and priorities are fully focused on customer experience and CS outcomes. Let’s go!

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