Report: 2016 Temkin Experience Ratings of Tech Vendors
October 31, 2016 Leave a comment
We just published a Temkin Group report 2016 Temkin Experience Ratings of Tech Vendors that rates the customer experience of 62 large tech vendors based on a survey of 800 IT decision makers from large North American firms. This is the fifth year of the ratings, here are links to the 2012, 2013, 2014, and 2015 ratings.
Here is the executive summary of the report:
The 2016 Temkin Experience Ratings of Tech Vendors evaluates the customer experience of 62 large technology vendors. We surveyed 800 IT decision-makers from large companies regarding three components – success, effort, and emotion – of their experiences with these IT providers. Out of all the vendors we looked at, HPE outsourcing, IBM SPSS, and Google earned the highest ratings, while Capgemini, Infosys, and Accenture received the lowest ratings. The average score for the Ratings dropped by one percentage-point over the past year, down from 59% in 2015 to 58% this year. Furthermore, our research shows that the Temkin Experience Ratings are strongly correlated with multiple elements of loyalty behavior, including likelihood of repurchasing from the company, likelihood of recommending the company, likelihood of trying new products, and likelihood of forgiving the company if it makes a mistake.
This product has a report (.pdf) and a dataset (excel). The dataset has the details of the 2016 Temkin Experience Ratings, including all three components, for the 62 tech vendors as well as data on customers’ likelihood to repurchase from the vendors, their 2016 Temkin Forgiveness Ratings, and their 2016 Temkin Innovation Equity Quotient. It also includes a summary of the 2015 Temkin Experience Ratings, likelihood to repurchase, and Temkin Forgiveness Ratings.
Download for $695, includes report (.pdf) and data file (.xls)
The Temkin Experience Ratings of Tech Vendors evaluates three areas of customer experience: success (can customers achieve what they want to do), effort (how easy is it for customers to do what they want to do), and emotion (how do customers feel about their interaction). Here are the overall results:
Here are some additional findings in the research:
- The average emotion ratings jumped to 56% from 52% last year, the highest level over five years.
- Temkin Experience Ratings is very highly correlated (R=0.81) to the likelihood of IT decisions to repurchase from the tech vendors.
- Temkin Experience Ratings is very highly correlated (R=0.87) to Net Promoter® Score, which is a popular measurement of IT decision maker’s likelihood to recommend the vendor.
- When compared with the bottom quartile of companies in the Temkin Experience Ratings with those in the top quartile, the leaders have a 21 percentage-point advantage in customers that are likely to repurchase from the vendors, a 22 percentage-point advantage in customers that are likely to forgive the vendor if it makes a mistake, and a 25 percentage-point advantage in customers’ willingness to try new products.
This product has a report (.pdf) and a dataset (excel). The dataset has the details of the 2015 Temkin Experience Ratings, including all three components, for the 62 tech vendors as well as data on customers’ likelihood to repurchase from the vendors, their 2015 Temkin Forgiveness Ratings, and their 2015 Temkin Innovation Equity Quotient. It also includes a summary of the 2015 Temkin Experience Ratings, likelihood to repurchase, and Temkin Forgiveness Ratings.
[Download sample of data file (.xls)]
Download for $695, includes report (.pdf) and data file (.xls)