Top 30 News Moments That Defined 2024

Top 30 News Moments That Defined 2024

A quick glance at the defining news moments of 2024’s customer experience (CX) and martech landscape across AI, in-store automation, delivery services, customer service, acquisitions and more.

The customer experience landscape might undergo tons of changes and welcome multiple advancements, but the bottom line remains that the customer expects a seamless experience. What exactly does the perfect customer experience entail? Everything from tech-enabled store services and efficient product deliveries to immersive experiences and flawless after-sales service. 

The domain really is vast—primary market brands and martech vendors alike—have spent 2024 bringing forward the best for the customer. The year is marked with innovation across different aspects of the customer-brand relationship. 

“It is crucial for companies to remain grounded in solving real user problems and delivering value,” says Arvind Dutta, Principal Product Manager, Teams at Microsoft. Today’s innovation will guide tomorrow’s industry goals. Here is a look at the top news moments of 2024 in the CX and Martech landscape, presented by CXMToday.

Fundings: Innovation that Didn’t Go Unnoticed

  1. Intelepeer Bagged $140m to Advance AI Automation in Customer Service

IntelePeer specialises in providing AI-driven solutions for automating communications across various channels. The newly secured funding is supporting IntelePeer’s mission to continue reinventing the contact centre and advance their AI Agent portfolio. 

2. Rapid Grocery Delivery Firm Zepto Bagged $350 Mn 

The latest funding round was Zepto’s third in five months. With this, the company has raised more than $1.3 billion so far in 2024, highlighting the demand for quick commerce, where everything from groceries to mobile phones are delivered within 10 minutes.

3. Airbound Bagged $1.7 Mn to Make Drone Delivery Economically 

With its proprietary blended wing body tailsitter design, called TRT, the company aims to transform logistics, reducing delivery costs by two orders of magnitude compared to traditional options.

Virtual Reality: Immersive Over Regular Experiences 

4. Walmart Launched Immersive Virtual Store Walmart Realm 

Joining other retailers in the virtual store trend, Walmart debuted its immersive shopping platform, dubbed Walmart Realm. The immersive shopping experience lets consumers browse virtual environments and purchase products within them. 

5. Snapchat Launched Immersive AR High Street 

Imagining what a high street might look like in the future, Snapchat launched an immersive high street experience, Snap Street, in East London. The Ely’s Yard building in Brick Lane was transformed into an actual indoor high street with shop-fronts showing off the augmented reality (AR) experiences available on Snapchat – curated by brands like Depop, Boots, and Cosmopolitan.

6. Marks And Spencer Rolled-Out Self-Checkouts in Changing Rooms 

The new service allows customers to pay for their products upon exiting the fitting rooms, preventing them from having to queue first for the changing rooms, and then for the checkout.

7. Asda Tried Self-Service Returns 

The British supermarket chain tested a new self-service returns system, which included an innovative “drop box”  feature. The pilot programme allowed customers to return items ranging from groceries to electronics with ease by scanning their receipt and the product’s barcode at a self-service machine before depositing the item into a chute or cupboard. 

Brands Leverage Top Technologies

8. Burger King Partnered with Uber Direct 

Uber Direct, Uber’s white label delivery solution, entered an exclusive partnership with Burger King UK, to provide its customers with rapid deliveries through the fast food chain’s app. The app also rewards customers with exclusive delivery deals and the opportunity to earn loyalty points with each order.

9. Puma Tapped Google Cloud’s Imagen On Vertex AI 

Puma and Google Cloud have partnered to enhance the digital shopping experience with genAI. Using Imagen 2 on Vertex AI, Puma can now create dynamic and personalised product imagery that is improving click-through rates and accelerating the time-to-market for its digital campaigns globally.

10. Michael Kors Presented First-of-its-Kind AI Shopping Assistant By Mastercard

Michael Kors became the first retailer to adopt the next-generation retail assistant Shopping Muse, made by Dynamic Yield, a Mastercard-owned martech company. Leveraging its advanced genAI capabilities, Shopping Muse recreates the in-store experience by processing consumers’ simple language prompts into tailored product recommendations.

Partnerships for the Industry’s Advancement 

11. Accenture Partnered with Adobe 

Accenture integrated Adobe Firefly Custom Models into marketing services offered by Accenture Song, to provide clients with the industry-specific insights required to train bespoke models on their proprietary data and brand guidelines.

12. Twilio, OpenAI Transformed Customer Service With AI Voice Agents

Twilio integrated OpenAI, bringing OpenAI’s Realtime API to Twilio’s platform. The move introduced advanced speech-to-speech (S2S) technology, which enables over 300,000 Twilio customers and more than 10 million developers to create virtual AI agents using OpenAI’s state-of-the-art multilingual GPT-4o model.

13. Honeywell Partnered with Qualcomm

Honeywell developed an AI-enabled Multi-Modal Intelligent Agent for its mobile devices powered by Qualcomm Technologies. The agent allows workers and customers in the distribution centre and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.

Noteworthy Acquisitions 

14. Accenture Acquired Unlimited

With deep expertise in behavioral science, customer strategy and CRM activation, the acquisition of Unlimited bolsters Accenture Song’s capabilities to drive marketing transformation, relevance, and growth for its clients.

15. Hootsuite Acquired Talkwalker

Hootsuite acquired AI-powered social listening firm Talkwalker. The latter develops consumer intelligence and deep listening tech that enables brands to drive business impact and revenue. The duo will give businesses a social media performance engine to turn insights into action into impact, all fueled by AI. 

16. Accenture Acquired GemSeek

Accenture acquired GemSeek, a customer experience analytics provider helping global businesses understand customers through insights, analytics and AI-powered predictive models. The acquisition underscores ongoing investment by Accenture Song in data and AI capabilities to help clients grow their business and sustain relevance with customers.

Sustainability: The Path to Younger Generations’ Hearts

17. Aldi Enlisted Net-Zero Targets 

Aldi established new science-based targets to reach net-zero GHG emissions across its business by 2050, validated by the Science Based Targets initiative (SBTi). The supermarket chain also set itself new near-term targets for absolute GHG and Forest, Land and Agriculture (FLAG) GHG emissions up to 2030.

18. Reboxed Launched Circularity-As-A-Service Platform

Circular economy startup Reboxed launched ReboxedOS, an out-the-box solution for consumer electronics recommerce. The platform helps brands launch and scale co-branded resale, launch trade-in and recycling programmes quickly, and easily to boost revenue and sustainability.

19. SAP Unveiled AI-Driven Supply-Chain Innovations

SAP announced AI advancements in its supply chain solutions, aimed at enhancing productivity, efficiency and precision in manufacturing. AI-driven insights from real-time data helps companies use their own data to make better decisions across supply chains, streamline product development and improve manufacturing efficiency.

AI Leads Tech Ascent

20. Amazon Launched Rufus

Amazon unveiled Rufus, a new AI-powered shopping assistant, aimed at transforming the online shopping experience for its customers. Rufus is designed to assist users in navigating Amazon’s extensive product catalogue and making informed purchasing decisions. It is trained on Amazon’s vast product database and information sourced from the web, allowing it to provide helpful responses to a variety of customer queries. 

21. NICE Launched CXone Mpower Smartspeak

CXone Mpower SmartSpeak is an AI-powered solution designed to break down language barriers and enable effortless global communication for businesses. It provides real-time language interpretation for customer service and sales interactions, empowering organisations to expand their international reach without the need for supplemental multilingual support.

22. Google Launched Online Retail AI Features

With the internet working as the primary purchase medium for buyers across the world, Google announced three retail-focused AI features this year. The ‘Tab Compare’ uses AI along with page scraping to round up pertinent information about a product open in one’s tabs. The Visual Search uses Google Lens to let mobile users ‘circle to search’ an object in an image. The Smart History integrates natural language processing to bring smart chatbot functionality into history records. 

23. Salesforce Launched Fully Autonomous AI Agent

Salesforce announced Einstein Service Agent, which makes conventional chatbots obsolete with its ability to understand and take action on a broad range of service issues without preprogrammed scenarios, helping make customer service far more efficient. 

What’s new in CDPS?

24. Braze Launched Comprehensive Data Platform

Braze unveiled the Braze Data Platform, a versatile, comprehensive suite of data tools and partner integrations aimed at streamlining data unification, activation, and distribution. The platform allows marketers to craft memorable and relevant customer engagements.

25. Amperity Launched Lakehouse CDP

Amperity unveiled a new composable approach for customer data management: the Lakehouse CDP. Brands can seamlessly share live data sets between a CDP and a lakehouse without maintaining ETLs or copying data. 

Innovation in Customer Communication

26.  Merkle Launched Global Messaging Solution

Merkle launched Intelligent Messaging, its end-to-end messaging solution, to create unified brand experiences across touchpoints and channels by blending AI assistance and human interaction. Intelligent Messaging enables creation of turnkey chat experiences, including across social and messaging platforms, delivering always-on conversational interactions throughout the entire customer journey.

27. Zendesk Launched Relay 

Zendesk announced Relay, a new app that offers proactive messaging for companies using WhatsApp and SMS. Relay allows companies to proactively connect with customers at scale using outbound messages in WhatsApp and to manage all those conversations natively in Zendesk.

Copilots on the Top

28. Twilio Launched Unified Profiles, Agent Copilot

Twilio launched two new innovations within Twilio Flex, the cloud-based digital engagement solution: Unified Profiles and Agent Copilot. Unified Profiles provides businesses with access to a native data layer powered by Segment, enabling the collection and activation of real-time, consented data for personalised interactions. Agent Copilot leverages this data alongside AI to empower employees with automation and boost productivity. 

29. Salesforce Introduced Einstein Copilot For Tableau

Salesforce introduced Einstein Copilot, a customisable, conversational, and genAI assistant for CRM. Einstein Copilot enables Salesforce users to generate responses using their own private and trusted data while maintaining strict data governance and without expensive AI model training. 

30. Microsoft Announced Dynamics 365 Contact Centre

The Microsoft Dynamics 365 Contact Center is a Copilot-first contact centre solution that delivers genAI to every customer engagement channel. It is built natively on the Microsoft cloud to deliver extensive scalability and reliability across voice, digital channels and routing while at the same time allowing organisations to retain their existing investments in CRM or custom apps.