>>Hey, everyone, welcome back to the cubes on the ground. Coverage of Pedro Duty Summit 22. I'm your host, Lisa Martin. I'm very excited to be joined by Manjula Toleration, the S VP and chief customer officer at page duty. Welcome to the programme. >>Thank you, Lisa. It's great to have chatted with you this morning as well, >>isn't it? I have had the great fortune of watching her fireside chat. That Mandela did, um, with is the logic monitor that was >>she of logic. >>And I thought, She's got great energy. We're gonna have a great conversation. So let's talk about the customer experience these days. One of the things I think that's been very, very short supply in the pandemic is patience. I know it's been in short supply with me and, of course, in our consumer lives in our business lives. The customer experience, though, has been something that every company needs to really pin their businesses on. Because if it's not a good customer experience, that customer goes right to social media. They churn. They leave, but they take others down with them. Talk to me about how the customer experience fits into this year's summit. Especially for this, we have to be ready for everything in a digital world environment. >>I love this question, and I reason I love this question is I even look at my own behaviour. But before we get into that, let's talk about data. I'm just reading an article. Mackenzie did a survey. Did you know that from pre covid to today customer interactions that have moved to digital are from 41% to 65%? That's exponential. That's huge. And guess what? We've all got impatient. You become like our kids, and I think about myself as an individual. If I need tied right now to do my laundry, I need it right now. So if I go to Costco website to order it so that it can get delivered in the next hour, and even if there's a second glitch on it, I'll swap over to Amazon and I'll swap over to target. That's what's happening in real world, whether it be to see or it's b to B, and why is it important to the points we are making in terms of ready for anything in the world of digital everything. It's important because customers are impatient. It's a digital world. I don't walk into the store to do any interactions anymore. And the reality of all of this is it's grounded on trust. Customers have to trust you and the window of choice not only in the B two b, but a lot in the enterprise and the B to B world. It's about trust, right? And what does pager duty do? Pager duty is at the heart of this pager. Duty is at the heart of making every second matter, and every second is equal to money. Absolutely. And it's about customer experience. And it isn't about just the experience where of an employee who may not sleep at night because they got a disruption due to an incident which is also super important during the mass resignation. But it is also about the CEO agenda and the boardroom, because how our CEO s driving customer trust in order to keep customers and drive this new era of digital everything as digital transformation is occurring. Well, >>I know patriarchy was doing that. I had the chance to watch um, CEO Jennifer to, uh, fireside chat, her keynote, and then her fireside chat with the CEO of Doc, You Sign And you. The Storey was very bidirectional, very symbiotic in terms of the trust that he has in Houston and Austin has and Pedro duty. But talk to me as the chief customer officer. What is it that's unique about how patriarchy works with its customers? 21,000 plus now to build and maintain that trust, especially in such volatile times? >>You know what is really cool? I joined page duty a little less than two years ago. In the next few days, it'll be two years now. What do I find exciting as a chief customer officer and the go to market teams differentiation versus other customers? We had a born SAS company and what do we have access to form our customers? We have access to their operations data and that combination of our core values that is championing the customer and the data science that we have about how customers are using our data is a differentiation. That's the magic. So if you think about why pager duty is bringing this level of trust to the customers, it's because we know how many and let's take an example. Employee retention, mass resignation. We know which employee was called. How many times at night during an outage. Can we give that guidance to managers and leaders in order to drive that trust? Absolutely. And on the other hand, we are driving amazing return on investment at the executive levels for the customer experience that they are driving. So Peter Duty is becoming the trusted advisor all the way from practitioners, where we are improving their work life balance to the executive levels, >>improving work. Life balance is so critical. There was a stat that Sean Scott shared this morning that that was looking at the amount of work volume from 2020 compared to 2021 42% of people said, I am working more hours. I don't think I've ever heard anyone say, Can I work more? Please? No. That work life balance is critical, but also the ability to deliver that seamless digital customer experience that we all expect, Um, and and to get it right the first time is critical. But using that customer data as you're saying, empowering the organisations, not just the customer support folks or the SRS or the develops folks but all the way up to the C suite to ensure that their brand reputation is valuable, it's maintained, and that trust is really bidirectional. That's the secret sauce. >>You're absolutely right. You know, there's a different dimension to this as well. We think about how we're using customer data in order to achieve the results. We want three vectors here. Number one is we'll use customer data to really understand what is best in class on up time. What is the best in class to reduce noise during alert, what is best in best in class for customer service operations? And because we have customer data, we can benchmark we can benchmark. What industry? What's happening in the financial services industry? What's happening in the technology industry? What's happening in the retail industry. Our customers love that, so we will share with them. The customer success organisation, especially the customer success managers, will go in and meet with the customers and say This is where you stand in reference to your peers and customers love here about that. This is the differentiated value proposition, right? The second thing that our customer success managers do is share with the customers This is where you are in reference to your peers in your vertical other vertical. But let me tell you how you can improve your deployment, the performance of our technology and you're all operating model. As a result of the data we've got, >>there's the proactive nous. That's another differentiator of of what I was hearing today from pager duty. That you're enabling those CSM is to be proactive when so often many are reactive, and it's the customer that's found the problem first. >>Yes, I'll even talk more about the reactive to proactive. We build a methodology, and I'm sure Shaun Scott covered it as well, which is a maturity curve moving from reactive to proactive because so many of our customers are saying we are reacting when we have a disruption on our digital platform, but 30% of the times we are hearing from customers before we are hearing from ourselves. So how do we become proactive? And how does that data signs actually start showing the signs when a potential disruption could occur? And that is about moving reactive to overall proactive. I'd also like to add one more dimension to this, you know, when customers are doing really well. They're optimised on our platform. They don't want to hear from our post sales organisation all the time. They want a human touch when they need it. They want a digital touch when they need it. By using our data and our data science, we are becoming one of the best world class customer success organisations in the world and you ask why? The reason is because we are using data science in order to build and we have built the early warning system. The early warning system tells us how every single of our customers is doing in terms of both their growth as well as the risk that they may leave us. So if a customer is very healthy on a scale of 1 200 if we have a healthy customer, we will engage with them potentially just digitally and engage with them with our services are customer success team and our entire post sales organisation, when there is an optimisation and when they really need us. So data scientists being used not only in terms of giving customer the right information to grow them, but how we interact with them as well, >>that's brilliant. And there's so many organisations that I talked to across industries that cannot get that right. >>And >>so customers are being contacted too frequently. They may have said. I opted out, I don't want and then suddenly that that the first responders, the incident responders, is marketing. But that happens so frequently, you think. But there's an opportunity there. It's not rocket science, but it's about leveraging that data in an optimal, smart way. But you guys are light years ahead of a lot of other companies that haven't figured that >>out. No, we are leading edge and we are leading edge because we had a born SAS company and we've got effective operations data of the customer, and we have some of the best data scientists and the analysts within my organisation. Looking at this, engaging with the customer and only optimising the magic is data science and humans coming together to engage with customers and drive customer success for the customer and ultimately building their customer experience for their customers. >>Let's talk about some of the numbers Mandela, because they are really impressive. I was looking at some stats. You're paid your duties renewal rates are over 95%. Your growth is incredible, just coming off the biggest quarter ever, but also the gross annual benefit from customers. Talk to me about that alone. That can be up to $10 million. These read these tangible business outcomes that pager duty is delivering to customers are significant, >>and again, it's based on data science. This is not making you know what traditional companies do. Traditional companies will go to the customer and say, Tell me your business imperatives. Tell me your what are the business problems you're solving are because we have the data science. We have our oi arranging from 309 100% very impressive within a couple of months. We think about it if we are able to drive incidents that are very, very significant. And I know you've got the numbers in terms of growing our reducing the workload on very expensive engineering. Uh, individuals within the organisation from, I believe, 3200 and 25,000, and I know you have those numbers think about If 30% of your organisation focuses just on innovation and product development, worse is on an incident, and they work, life balance, the quality of life increases, the retention of the employees, and yet the company's only driving their growth. That is why our customers love us. That is why our renewal rates are greater than 95%. That's why a net retention scores are greater than 100 and 2020% over five quarters. And that is why we have more than 30% growth year over year, quarter over quarter. >>When I saw that stat Manville about you know, the number of incidents reduced, >>that >>translates to employee productivity and and looking at it in terms of FTE. From a quantity perspective, that's the first time I've seen a company and I interview a lot of companies actually put it in that perspective, and I thought, That is huge. That's how organisations should be talking about that rather than reducing feeds are going. We are victims of the great resignation is look at the impact that can be made here by using data science by using the right mix of human and automation together. It's that's the first time. So congratulations to you and Pedro duty for the first time I've seen that and I think everybody needs to be working to be able to explain it that way, especially the fact that we're still in a volatile environment. >>Absolutely. It's about customer experience, but it is just as much employee experience. There is so much that the industry is talking about. That's top of mind for board levels. That's top of mind from CEO S. How do I retain my employees and drive greater operational efficiency? And now, with the macro economic challenges that are occurring in terms of inflation and in and the cost to serve and increasing the profits are customers are making. Operational efficiency is becoming even more important so that the employees are focusing more on innovation rather than downtime or disruptions. And it's actually about growing the business rather than just running the business. And if we can optimise running the business growth is what our customers are looking >>for, right? I always think, and we're almost out of time here. But I always think the employee experience and the customer experience are like this, and they should be. But it's critical to optimise both. How do you when you talk to some of those big and our price customers. We have Doc Watson on the main stage this morning, but I was looking at the website and three that jumped out to me that I use peloton, salesforce and slack. How do you advise them? You have this wealthiest gold of information on customers. This is how you need to leverage it in the right way to grow your business. What are some of the top three things you recommend those customers do, for example, >>that so let me talk about a couple of customers as an example. There are some customers of ours in the retail business, or it is a telecommunication company that is trying to increase their, um, up time from 98.7% to 3 nines as an example, or a tech company that doesn't even know that they were down for six hours in one small part of their business. And we're trying to figure out how do we solve for that as customers are overall complaining. So for us as a organisation, the magic is again bringing data together employee engagement, and what we do is we use the data to engage with their customers to ultimately understand what is their business value proposition. If you don't do it in isolation, you do it in. What is the customer trying to achieve? Are they trying to achieve the best in class website? Are they trying to achieve increased operational efficiency? What are their metrics? What are their numbers? And we take our data, our people, to marry all of that together. And that's the magic. >>I love it. I wish we had more time. Angela. We are out of time but talking about the value of the customer experience, the impact that is possible to be made leveraging technologies like pager duty. It's It's revolutionising operations. It's revolutionising customers 21,000 plus one million plus users at a time. It's awesome. You have to come back so we can talk more because I can. No, we're just scratching the surface here. >>Yes, we are. This is a very, very exciting area right now, and it is a great opportunities for chief customer officers on really rallying the whole company on championing the customers because whether it's a product, our capabilities, it's really a major transformation happening in the in the industry, and we need to stay very close to it? >>Absolutely. Thank you so much for joining me today. It's been such a pleasure talking to you. I look forward to seeing you again. >>Real pleasure, Lisa, To get to know you. And the gun was she was awesome. >>Good. Thank you for Manjula. Televisa. I'm Lisa Martin. You're watching the cubes on the ground. Coverage of pager duty. Summit 22 from San Francisco. Thanks for watching. And bye for now. Mm mm. Mm mm.