Singapore – The digital experience platform of Magnolia, a global content management systems provider, has recently been recognized at the 2021 Gartner Magic Quadrant by Gartner.

The Magic Quadrant are market reports published by consulting firm Gartner based on qualitative data analysis in demonstrating market trends, such as direction and business nature. The report is conducted every one or two years to several technology industries.

Magnolia is the newest entry to this year’s Gartner Magic Quadrant, and recognition is afforded to its digital experience platform (DXP), the Magnolia DX Core. 

The said DXP, categorized under the ‘Niche Players in the Magic Quadrant’, carry capabilities that include content management, personalization, search, campaign management and digital asset management (DAM). It is often deployed by organizations in banking, manufacturing, communications, and travel and hospitality verticals for business-to-consumer (B2C), business-to-business (B2B) and business-to-employee (B2E) use cases.

“We believe that Magnolia provides the powerful capabilities that marketing teams need to quickly launch customer experiences without having to involve IT. Through its Visual SPA (Single-page app) Editor, Magnolia offers best-in-class authoring experience for omnichannel publishing by enabling marketers to fully design, control and preview experiences for any channel,” Magnolia said in a press statement.

For Magnolia CEO Tim Brown, the recognition from Gartner is a testament of a greater shift in “market demand from single-vendor DXP suites to ecosystems of integrated best-of-breed platforms.”

“Our vision of a composable DXP, built of deeply integrated best-of-breed solutions, enables brands to incrementally build out a high performance DXP that leverage existing proven components and services. Our advanced experience authoring and content management features coupled with a modern tech stack empowers all stakeholders. This combination enables the launch of new digital products and differentiated experiences at unprecedented speed,” Brown explained.

Meanwhile, Rasmus Skjoldan, CMO at Magnolia, commented that last year has seen enterprises moving towards the direction of forward-thinking business movement by “bringing high-quality digital experiences to their customers considerably faster than their competition.”

“We’re essentially seeing the sun rise for composable platforms that give enterprises a much faster way to launch digital experiences – and the first but clear glimpses of the sun setting for the suite platforms as they eventually become too slow for the modern enterprise. It’s a natural evolution for this market in which overly complex suites are replaced by a new approach,” Skjoldan stated.

In a statement provided for MARKETECH APAC, Magnolia Singapore’s general manager Don Lee stated that Magnolia’s recognition is a ‘big win’ for the future of flexible DXPs.

“We are incredibly proud to be featured in this quadrant for the very first time, and on top of that, leading the quadrant in vision. This is testament to the affirmation by our clients of our project success promise along with the flexibility of our composable DXP, allowing brands to build their digital experience platforms in any way they desire, either on premise or as a service,” Lee stated.

Singapore – Businesses in Singapore have shown a greater interest in improving their customer experience (CX) through various strategies, despite 2020 being a disruptive year for far-reach transformation, new report from customer relationship management Zendesk shows.

According to the Zendesk Customer Experience (CX) Trends Report 2021, Singapore businesses have witnessed a 22% increase in average weekly support requests, and nearly half of customers or49%, in Singapore say that experience is more important to them now compared to a year ago. Meanwhile, 77% of local companies – the second highest in the APAC region – say their organization prioritizes CX more than they did a year ago.

“We’ve seen companies in APAC embrace digitalization at an incredible speed this year in response to the dramatic shifts in the operating landscape they’ve had to navigate. Customer experience has never been more important, and we think this accelerated adoption of technology is likely to continue in 2021,” said Wendy Johnstone, chief operating officer for APAC at Zendesk.

The study’s recent statistics support data from IT service management firm Gartner that 91% of organizations said that CX was one of the primary goals of their digital business transformation efforts.

“Organizations need to ensure they have the right strategies, processes, and technology in place to empower customer support teams and drive business success,” Johnstone added.

Additional findings among Singaporeans include half of customers preferring to use embedded messaging when they engage with businesses, such as on websites or mobile apps, while one out of five managers (21%) and one out of four (27%) of agents state that they don’t have the right analytics tools to measure success for remote teams and work with it. 

In addition, 81% of Singaporeans are willing to spend more with a company that offers a good customer experience, which is the highest in the region. The report also shows that 83% of Singaporeans will take their business elsewhere following bad experiences.

“Facing continued volatility, service, and support, organizations must find ways to keep up with their customers. Customer experience leaders cited the ability to quickly adapt to the evolving needs of customers as their biggest challenge in 2020 and the highest priority going forward,” said Zendesk.