When you hear the term intelligence, some of the first things that leap to mind include super-secret governmental reconnaissance and AI (artificial intelligence) technology. Although CI (customer intelligence) seems like a completely different story, it bears a little bit of resemblance to the former, in a benign sense, and leverages the power of the latter as machine learning algorithms come into play.
CI meaning boils down to harvesting and analyzing information about customer behavior. It sheds light on the whys and wherefores regarding the events and trends in a companys consumer ecosystem in order to provide the business with actionable insights for more effective CX strategies. Importantly, this concept isnt only about collecting the relevant data, but its also about harnessing that information to understand the customers needs, introduce improvements, and derive better results.
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