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Salesforce.com issued a press release last week that by now looks rather ho-hum by its standards. The company announced that Deloitte & Touche had signed on as a systems integration partner and that got me thinking about how many things have changed, and how many have not. It wasn't that long ag...
Inventory has different values depending on time. The goal of a supply chain is to deliver the right product at the right place at the right time and the right cost. Miss any of those elements and the value of the inventory can be severely damaged. Let me demonstrate with a real example. My family m...
I had meetings last week with each of the big three on-demand CRM vendors -- Salesforce.com, RightNow and NetSuite -- and made some observations. Sometimes I get complaints from some of them when I mention more than one in an article because they like to pretend that they are unique. My grudging con...
Unlike in previous years, the big attraction for holiday shoppers in 2006 was neither advertising nor special offers, according to KPMG's newly released annual National Shopping Behavior survey. Rather, 81 percent of consumers surveyed said they shopped at stores that carried the items they were loo...
Whenever I think of New Year's resolutions, one of Mark Twain's best quotes comes to mind: "A habit cannot be tossed out the window; it must be coaxed down the stairs a step at a time." Resolving to change is really what customer relationships and serving customers is all about. How many times has ...
A new report finds that the banking specific business process outsourcing market is poised for significant growth. At the same time, vendors are realigning -- or aware that they must realign services -- in order to reflect changing directions in banks' customer service and business strategies. The r...
The coming year is going to reorder entire industries due to customer churn. With this reordering will be an entirely new set of selling dynamics, as existing ones prove marginally successful into 2007. The old "bundle three" rule for higher customer retention will prove no longer as effective as i...
When making forecasts for a year ahead, I have always found the "greater fool" theory comforting. In short, it takes a fool to make a forecast, and a greater one to believe it. On balance then, I think it wise to hide these predictions from children, the gullible, the insane, etc. Some people wil...
Like many industry analysts and alumni, I find analytical concepts sexy. Add in creating strategies for serving customers more efficiently while being profitable at it, and the conditions are perfect for the creation of an Accidental Analyst. The analytical side of CRM experienced explosive growth ...
Salesforce.com is having a good year this quarter. That's not a typo, the company seems to be announcing a year's worth of new products in a very short time, though delivery for some of the announcements might stretch out to this time next year. This week, Salesforce announced what I think of as t...
There is no limit, it seems, to what financial institutions are willing to spend to ensure that their customers' money is safe. The latest twist? Biometric safeguards, such as voice imprints or iris scans. To be sure, this technology already exists and is used in all sorts of high-end applications.
It's about that time of year when we see all the predictions and forecasts of how much online sales will increase, by product, for this holiday season. From cautiously to wildly optimistic, these forecasts are things that e-commerce managers' dreams are made of. There's something missing in this y...
Salesforce.com made another announcement this week. This time they have announced a new integration facility that is based in part on the announced, but as yet undelivered, Apex programming language. Not to quibble, Salesforce has had a good year but it is slowly beginning to get into a futures gam...
Siebel led a list of top CRM applications ranked according to their size and expertise in eight vertical markets in a recent IDC report. Not surprisingly, Oracle's other CRM solutions -- thanks to multiple acquisitions over the last several years -- also dominate a majority of the categories. Howeve...
I was having a discussion the other day with a client about changes in the software industry. We got to talking about different trends when the subject turned to the current tendency of discussing business software in terms of the size of the company that uses it. "Enterprise" software has certain...