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NetSuite files
for $75M IPO
NetSuite,
billionaire Larry Ellison's software company that sells computer programs
accessed over the Web, filed to raise up to $75 million in an initial
public offering. Ellison, the founder and chief executive of Oracle, controls
74 percent of NetSuite common stock, according to the company's S-1 filing
with the Securities and Exchange Commission. The company posted $67 million
in revenue last year and is among the oldest players in the rapidly growing
market for "on demand" software, but NetSuite has yet to turn
a profit.
Report software piracy, get a shot at $1
million
The Business Software Alliance (BSA), the global organization representing
the nation’s leading software manufacturers, announced that it will
intensify efforts to battle software piracy in the workplace by increasing
its current rewards incentive from $200,000 to $1 million from July to
October 2007. This unprecedented increase by the BSA highlights the software
organization’s commitment to fighting software piracy in U.S. businesses.
According to an independent study conducted by the International Data
Corps. (IDC), the information technology (IT) industry’s leading
global market research and forecasting firm, the U.S. suffered $7.3 billion
in losses in 2006 resulting from software piracy. The BSA Rewards program
was launched in the U.S. in the fall of 2005. The program encourages individuals
with detailed information about software piracy to come forward and confidentially
submit the infringement(s). Since the 2005 launch of the Rewards program,
BSA has successfully settled with hundreds of companies, bringing in nearly
$22 million as a result.
New FrontRange™ Voice Release Integrates Software for a Single “Install
and Call” Solution
FrontRange Solutions, an established global leader in IT Service Management,
Voice Applications, and Customer Relationship Management (CRM) solutions
for the Mid-Market and Distributed Enterprise, today announced the availability
of version 5.1 of FrontRange Voice, a complete communication solution
for dynamic companies of all sizes. FrontRange Voice 5.1 combines several
technologies to create a single IP telephony solution that is developed
entirely in software so customers just need a PC, a broadband voice provider
and an Internet connection to begin calling. FrontRange IPCC 5.1 integrates
with the company’s GoldMine, HEAT and ITSM to provide support for
office phones and call centers without the complicated setup previously
required, simplifying the process to install and call.
CompuCom
Calls on SupportSoft to Help Raise the Bar Higher in Delivering World-Class
Technology Support
SupportSoft, Inc., a provider of technology problem resolution software,
announced that CompuCom Systems, Inc., an IT outsourcing company, has
selected and successfully deployed SupportSoft software as a key component
to its IT services offering. CompuCom is using SupportSoft's software
for the e-support component of its Integrated Infrastructure Management
(IIM) solution. SupportSoft self-healing software incorporates patented
technology to help proactively solve problems before users even know they
exist. SupportSoft's self-service software enables IT outsourcing firms
to provide personalized self-service solutions for end-users, helping
to keep them even more productive. SupportSoft assisted service software
enables IT outsourcing firms to remotely diagnose and automatically resolve
end-user problems -- either over the phone or via online chat.

Webinar
Series - Best Practices in Customer Support
We are pleased to announce "Best Practices in Customer
Support" Webinar Series sponsored by Parature. This thought leadership
webinar series is delivered by some of the industry's leading minds. Register
for one or register for all depending on the topics that interest you.
Join
leading Customer Support Industry Experts, Sheryl Kingstone, Nancy Rubin,
Michael Buckham-White, Paul Erickson, and Carlos Quezada to learn the
'latest and greatest' tips and techniques for streamlining your support
teams to provide excellent service and support to your customers.
Register
Today!
Instant Messaging
Will Be De Facto Tool for Voice, Video and Text Chat by The End of 2011
For many knowledge workers, instant messaging (IM)
is as critical as having access to a telephone or to e-mail and enterprises
that haven’t already done so should start incorporating IM into their
critical business processes immediately. Gartner predicts that by the end
of 2011, IM will be the de facto tool for voice, video and text chat with
95 percent of workers in leading global organizations using it as their
primary interface for real-time communications by 2013. The worldwide market
for enterprise IM is forecast to grow from $267 million in 2005 to $688
million in 2010. Instant
messaging systems have moved from the fringe to become a key part of an
enterprise’s collaboration infrastructure and are increasingly displacing
existing forms of communications from ad hoc telephone calls and emails
to pre-planned meetings and video conferences. Enterprises are beginning
to invest in IM and associated technologies accordingly.
Just
as the deployment of email in corporations in the early 1990s proved an
unparalleled success for businesses, analysts said that a similar phenomenon
is occurring with IM. IM is increasingly being used as a vehicle for rapidly
disseminating critical information to the entire enterprise, groups of
users or individuals in cases such as natural catastrophes, health issues,
network outages or schedule changes. In some cases, the IM network remains
operational when phone or e-mail systems are down. In addition, IM’s
is growing in importance to customer relations departments and call centers
where it is being used to foster closer relationships by providing faster
and easier access to the most relevant part of the organization.
More...
Top Ranked Business Intelligence Tools Vendors Maintain Positions as Acquisition
Activity and SMB Vendors Impact the Market
In a year marked with continued acquisitions by major business intelligence
(BI) vendors of companies within the BI and adjacent software markets,
new version releases, and effective marketing and sales efforts by many
small and medium-sized BI vendors, the rankings of the largest vendors
remained unchanged. Although the overall rankings were not affected, the
growth rates of the top 15 vendors differed significantly, affecting vendor
shares.
As
in other steadily maturing markets, the share of the top 10 BI tools vendors
continues to increase with Business Objects, SAS, Cognos, Microsoft and
Hyperion making up the top 5. IDC expects acceleration in the BI tools
market to start in 2009 – what remains to be seen is whether it
will be manifested in revenue to software vendors, or simply through the
broader reach of BI.
IDC's
study also reveals that interest in advanced analytics for forecasting,
optimization, and other decision support techniques is growing as organizations
look to move beyond using BI tools only for query and reporting. Additionally,
the Americas region continues to be the largest segment of the BI tools
market with 52.8% of share, followed by EMEA and Asia/Pacific.
More...
Employees Use Web 2.0 and Knowledge Management to Add Value to Their Organizations
LexisNexis, a provider of information and services solutions, has announced
the results of a nationwide survey to provide insights into how Information
Professionals (IPs, or someone who strategically uses information in his/her
job to advance the mission of the organization through the development,
deployment, and management of information resources and services) are
adding value to their organizations through technology and knowledge management.
The survey also explores where IPs see the future of technology.
Information
professionals are savvy when it comes to leveraging technology to make
information more valuable, relevant, and accessible, with 93% of IPs saying
they currently use intranets for managing and distributing information,
and seeing collaborative workspaces (57%), wireless (44%), and portals
(51%) as very important for the future.
The
survey revealed an interesting breakdown and frequency of information
sources accessed. With Web 2.0 it’s no surprise that information
professionals are very in-tune; nearly four in ten access Weblogs at least
weekly (39%), and more than a third access wikis (34%).
For
more traditional sources there was even greater usage. More than nine
in ten surveyed access news Web sites (92%), and company Web sites (93%)
at least weekly (or more often). Video or audio podcasts were rarely accessed.
Less than two in ten access video podcasts (16%), or audio podcasts (15%).
When
respondents were asked, “What is the most successful new initiative/service
that you have launched in the past year?” the top five responses
were:
- Document
search, retrieval, delivery, and access enhancements, such as centralizing
the document collection into a common ILS or Integrated Library System,
OpenURL linking, RSS feed, taxonomy, and library portal integration,
development and/or enhancement.
- Embed
and/or migrate IP services within business units.
- Increase,
provide, and/or offer new training.
- Enhance
or standardize process and quality control procedures.
- Provide
assistance and services proactively.
Other
notable mentions included digitizing important and/or historical print
sources, providing collaborative workspaces, and creating wiki-type databases.
More...

The Alignment: CRM & Business Processes
The logic and reason behind the idea of aligning
technology with methodology are obvious: There's no point to installing
technology that cripples an operation, and most businesses can't function
without some degree of automation or technical backup. This article discusses
how, when aligned, CRM capabilities and business processes enable technology
to shine.
Full
Article...
Tech Cos' Green Approach May Not Always Lead To Cash
Being "green" is all the rage with technology companies these
days, but what's not clear is if the environment-friendly approach is
bringing in more greenbacks. Tech buyers say they desire devices that
are kind to the environment but they haven't shown a strong predisposition
to buy them - except when it saves them money. However, interest is there
among CIOs. H-P, for instance, has seen a 120% increase worldwide in the
number of inquiries connected to the environment since the last half of
2006. In 2005, the company saw $6 billion in requests for proposals that
had some environmental element.
Full
Article...
Customer service depends on customer
How stores treat customer complaints, returns and other service matters
varies and can depend a lot on how the customers handle themselves, experts
say. For those cases when retailers don't give you what you want, experts
recommend fighting for your rights in a professional manner..
Full
Article...
Keeping Customers From Walking Out the Door
Businesses are getting better at analyzing customer data to determine
satisfaction levels and the potential for cross-selling products. But
what if companies could gain insight fast enough to stop unhappy customers
before they bolted?
Full
Article...
Defining the Next Paradigm of IT Outsourcing
Today's IT infrastructure world is in a state of turmoil. The costs of
maintaining the existing infrastructure continue to come at the expense
of innovation and strategic value. The only question now is whether companies
will embrace the new paradigm or remain committed to supporting, maintaining
and defending the old one. Once again, outsourcing partners cannot deliver
true operational excellence if their business models are based merely
on skilled labor. They must have world-class processes, methodologies
and systems in place if they are to scale in a cost-effective way to meet
the growing infrastructure demands of business. Moving forward, what should
companies look for in an infrastructure outsourcer? This article presents
several key capabilities to expect and seek.
Full
Article...
Include Management Costs When Calculating Software
as a Service Benefits
Software
as a service (SaaS) applications are typically rented on a per-user-per-month
basis. There are no up-front licensing costs, and no need for up-front
equipment and development resources. The subscription fee covers software
maintenance and operational costs as well as any upgrades. However, perhaps
the toughest aspect of SaaS pricing is figuring out whether the subscription
pricing leads to a higher total cost of ownership (TCO) than deploying
the software internally.
Full Article...
How
to Talk to Customers: Create a Great Impression Every Time with MAGIC
by Diane Berenbaum and Tom Larkin
Filled with case studies and anecdotes, How to Talk
to Customers demystifies the most critical aspect of customer service:
conversations employees have every day with customers. In this must-have
resource, Diane Berenbaum and Tom Larkin outline a proven system based
on their MAGIC customer service training program. MAGIC, which stands
for Make A Great Impression on the Customer, can help anyone become the
type of communicator that makes their customers feel special.
More
Info...
Visit
the CRM Solution Center
CRMindustry.com and KnowledgeStorm have joined forces to offer you access
to the CRM Solution Center, a fast, intuitive way to locate, research and
qualify potential CRM and IT solutions. The
CRM Solution Center provides you unlimited access to white papers, case
studies, detailed product information and more. Registration is quick
and easy -- in 30 seconds or less, you will be on your way to accessing
this valuable resource
Click
here to start searching!
Multichannel
Service & Support Survey of Executives: Report of Findings
Supportindustry.com and eGain Communications Corp. recently
conducted a survey of contact center, helpdesk and customer service managers
and executives, focusing on multichannel customer service and support
-- its importance, the current state of their multichannel capabilities
and challenges in implementing and managing it.
To
get a complimentary copy of the report, click here.
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