Customer experience (CX) leaders are cautiously optimistic about their resources as they try to reverse declines in CX quality: 40% plan to increase their overall CX investments above inflation in the next 12 months. To succeed, CX leaders must invest to overhaul core CX competencies — determining what customers need, designing and testing solutions, and delivering products and services — that help their organizations bring their expressions of customer obsession to life in the customer experience. This report provides CX leaders with data-driven guidance on where to increase, decrease, or experiment with their budgets for 2025.