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The future of the CRM market

Posted on 07 September 2008

As the authors of the report, published by AMR Research, in 2008 macroeconomic situation in the world and the business environment remains volatile, respectively, “with players in most markets corporate software is growing uncertainty about the future”. This fully applies to systems management client relations (Customer Relationship Management, CRM).

On the one hand, the report The Customer Management Market Sizing Report, 2007-2012 ( “Assessing the extent of market management systems clients in the period from 2007 – till the year 2012″) refers to the recent achievements of CRM (or, in the terminology of AMR, about the advantages software “customer management”), which helped restore the suppliers were lost positions. Analysts AMR Rob Bois, Marianne d’Akila and Karen Carter indicate that the rate of growth in the software market management clients Reiterates double-digit numbers, which has not seen since the boom dotkomov. However, it is important to remember how many projects completed for the CRM business is very painful setbacks during the collapse of Internet-companies and directly after him. And we will not witness a repetition of already traversed?

What will contribute to the growth segment of CRM?

Since the end of 90 – s CRM system made a notable step forward. And users can expect in 2008, raising the technological level of customer service. And this trend will only escalate.

“Almost everywhere there is the transition to ideology, which focuses on customer put, and customer relationship management will enhance investment in the CRM system regardless of the current economic situation – the authors claim the record AMR. — Organizations that have managed to increase the effectiveness of their operations and supply chains work in conditions of the past economic recession, consider relationships with customers in arms, with the highest potential in the competition, and even intend to increase investments in systems CRM “.

With regard to corporate finance projects, analysts note that, despite the short-term pause in their implementation, very few abandon them completely. “Some categories of applications, such as marketing analyst, in an unstable economy become even more important, while understanding the motives that drive customers, enhances the quality of forecasting future demand and assessing the effectiveness of activities aimed at promoting his, as well as marketing campaigns” — Described in the report.

In addition, marketing organizations put pressure on the leaders, demonstrating the need to return to investment in marketing. Categories of marketing automation, such as managing campaigns and marketing analyst, will help maintain uninterrupted growth market customer management systems in general.

What will restrain the growth of the market CRM?

A disturbing trend, according to analysts AMR, is that “failures of CRM systems is still quite high”. Despite the fact that suppliers have improved user interfaces and technology to help cope with this issue, this led only to a partial restoration of control over the situation.

In order to solve this problem, provider of systems management clients “need to build more tools in their ‘primanok’, stimulating sustained growth in the number of implementations”. If the number of successful implementations not increase, while total cost of ownership does not begin to decline, the buyers have difficulty justifying investment with CRM, especially in the context of budget cuts “.

Companies operating in the area of financial services, known for their special treatment to applications management clients. However, they are currently not experiencing the best times. And if this trend continues, suppliers of CRM, “in large part to engage in this sector”, and could prove themselves in a difficult situation. Suppliers need to diversify their efforts, otherwise they will not be able to maintain high growth rates prevailing in 2007.

Meet – Director on relations with customers

Do not be surprised forecast that in the next four years, the market software delivered as a service (Software as a Service, SaaS), for growth, markedly surpass the traditional market for licensed software. AMR Research Poll showed that almost all companies, regardless of size, preferred model of software management clients, distributed by subscription.

Analysts claim that Microsoft and Salesforce.com will continue their expansion in the segment of large enterprises and will become better compete with SAP and Oracle.

At the same enterprises, according to analysts, would cease to talk about improving relationships with customers and will do so in practice. You will see even the new post of Director on relations with clients (Chief Customer Officer, CCO), including in industries that have no direct relation to the services sector. In turn, suppliers companies like RightNow Technologies, specializing in cross-relationships with clients that support multiple channels of interaction with customers and to analyze the intersection of these channels, reinforce this trend and demonstrate accelerated growth, despite the unfavourable economic conditions.

And last: in the next two years, Google and Zoho will play an important role in the market of systems management clients. Google has already forged partnerships with Salesforce.com, and all are waiting for that because laboratories are about Google that goes something like this product CRM. Zoho The company now offers free individual jobs CRM, which over time will evolve into a toll system-level units. Author: Thomas Ueylgam

 

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