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Trends
in Customer Relationship Management Survey
CRMindustry.com
is conducting a benchmark study on the current state of and future direction
of customer relationship management (CRM) in organizations today. The
questions were designed to capture important information related to budgets,
vendors, in-house vs. hosted solutions, the impact of CRM on the organization
and more. We recognize your time is valuable so we have kept the survey
questions quick and concise. In addition, as a participant, you will receive
a complimentary copy of the executive summary. You can start the Trends
in CRM survey at the following link:
http://www.customersat3.com/TakeSurvey.asp?si=hYAMT%2Fqam0s%3D
Your response is requested by October 19, 2007.
SAP to Acquire France's Business Objects
SAP AG's agreement to acquire Business Objects SA of France for $6.78
billion marks a big bet by the German software giant in the emerging market
known as business-intelligence software.
The boards of the two companies agreed to the deal yesterday. SAP said
it plans to launch an all-cash offer of $59 a share for Business Objects,
a 20% premium over the last closing price in Paris. It is possible a competing
bid could emerge. By acquiring Business Objects, SAP hopes it will improve
its offerings by drawing on the French company's position in business
intelligence, or software that helps companies track and analyze their
performances as well as that of competitors. Such software is used for
risk management and corporate governance and has become an increasingly
important feature for SAP's customer base of large corporations.
Source:WSJ
BMC Fills Out Its IT Business Services With
Emprisa Acquisition
BMC announced the acquisition of Emprisa Networks, which provides automated
network configuration, compliance and change management software. BMC
had been partnering with Emprisa, and the Emprisa E-NetAware is part of
BMC’s new Service Automation solution, which deals with coordinating
and running provisioning and updates; server and network configuration;
and the packaging and deployment of software across heterogeneous systems.
Terms of the acquisition were not disclosed. With Emprisa Networks, BMC
is filling out its IT business service stack. BMC is claiming that Service
Automation delivers 90 percent savings in routine IT management costs.
Whether that claim is accurate is questionable, automating IT is what
corporations are willing to spend money on.
CustomerReach Announces Real-time Web Visitor
Monitoring and Live Chat Server Software
CustomerReach Corporation announced pricing and availability of CustomerReach
Server Edition -- a live chat product that allows companies to pay a one-time
fee for a customer service desktop product as an alternative to enrolling
in a monthly subscription service. CustomerReach Server Edition is based
on CustomerReach’s flagship live chat software product. The live
chat software gives businesses the opportunity to chat with customers
while they are visiting the company website to provide help and support,
unlike other live chat software, CustomerReach offers unique benefits
such as a supervisor monitoring option and the ability to have more than
one agent in a chat to ensure no question goes unanswered. CustomerReach
is also the only true instant messaging chat service on the market. Rather
than using html polling to check periodically for online customers, CustomerReach
uses a socket connection, which allows the software to perform more efficiently
and reliably with lower latency.

Webinar
Series - Best Practices in Customer Support
Parature's
Webinar Series "Best Practices in Customer Support" continues
with new presentations delivered by some of the industry's leading minds.
This month Carlos Quezada of Meru Networks will deliver an informational
session on, "World-Class Customer Support Techniques for Technology
Organizations".
Gain
the insight you need to help reduce costs and enable customer self-service
by attending this exciting and informative webinar.
Register
Today!
Worldwide IT
Spending to Surpass $3 Trillion in 2007
2007 is on pace to be a milestone year for the IT industry, as worldwide
IT spending is projected to surpass $3 trillion, according to Gartner,
Inc. IT spending in 2007 will reach $3.1 trillion in 2007, an 8 percent
increase from last year, and spending for 2008 is forecast grow 5.5 percent
and total $3.3 trillion.
On
a worldwide basis, IT spending continues to grow at a rapid pace in developing
countries. In fact, one-third of IT spending now occurs outside of North
America, Western Europe, and Japan. This development will create new innovation
in IT, new competitors, new usage patterns, and continued cost improvement
benefits for users.
As
IT moves East and South, it will mostly affect the growing areas of the
industry. End-user spending will globally move towards software, services,
and all aspects of mobility. These categories made up 57 percent of spending
in 2006, will become 60 percent in 2008, and are forecast to have grown
to 63 percent in 2011.
More....
Attracting, retaining IT professionals key concern for nation's CIOs
Ensuring business-IT
alignment is a top concern among the nation's leading CIOs, but for the
first time in years, it's not the top concern, according to new research
conducted by the Society for Information Management (CIO). The impending
IT talent crunch has re-focused CIOs' attention on retaining and attracting
IT professionals.
More
than 130 CIO and IT executives from 112 different companies responded
to this year's SIM membership survey, which polled members to determine
the issues that are top of mind for them.
IT
and business alignment is still a major concern among CIOs, finishing
second on the list of top ten issues, followed by:
- Build
Business Skills in IT
-
Reduce the Cost of Doing business
-
Improve IT Quality
-
Security & Privacy
-
Manage Change
-
IT Strategic Planning
-
Making Better use of Information
-
Evolving CIO Leadership
Some
other highlights from this year's report include:
- 78.6
percent of respondents expect to maintain or increase their IT budget
in 2008
- 75.4
percent expect to maintain or increase their IT staff
- The
CIO or top IT Executive has been in their position for an average of
4.1 years (compared to 3.6 in the 2006 survey)
- 31.4
percent of CIOs report to the CEO (compared to 45.2 percent in 2006);
29.3 percent report to the CFO (compared to 25.4 percent in 2006)
More...
Service Level Management Acceptance on the Rise
and Linked to Business Survival
A new study released
by Enterprise Management Associates (EMA) reports that Service Level Management
(SLM) acceptance continues to grow and that IT executives increasingly
view SLM as a vital factor to business success. The 2007 comparative study
shows that the number of surveyed organizations implementing Service Level
Agreements (SLAs) has risen to 82% of respondents, a 26% increase since
EMA’s 2003 findings.
Key
findings that are detailed within the report include:
- 90
percent of end users perceived SLM as critical or important to their
executives and directly tied to business survival
-
82 percent of organizations surveyed have implemented SLAs
-
79 percent of respondents cited ITIL as an adopted methodology
-
Internal education is key to success and also one of the greatest challenges
for organizations implementing SLM
-
56 percent of end-user respondents report having no sense of ROI either
before or after employing best practices
-
More users associate IT-business alignment with BSM than with SLM
-
SLM and Configuration Management Database (CMDB) initiatives can coexist
very nicely – as one survey respondent notes, “you can’t
do sophisticated SLM without a CMDB”
EMA’s
research reveals a marked correlation between enforcing standards and
achieving results. SLM adoption, paired with the right mix of best practices,
is continuing to provide positive outcomes. More than two-thirds of the
respondents reported increased operational efficiency and customer satisfaction
after rolling out their SLM initiatives.
More...
Consumers Are Turning To Online Reviews In Large
Numbers
Enabled by new information
technologies, consumers have real-time access to information, insight
and analysis, giving them an unprecedented arsenal to help make purchase
decisions. At the same time, these technologies provide a voice and a
venue for anyone with something to say, allowing individuals to shape
reputations of consumer companies and their products, according to a new
Deloitte study.
To
build their knowledge arsenals, consumers are turning to online reviews
in large numbers – and those reviews are having a considerable impact
on purchase decisions. According to a recent survey by Deloitte’s
Consumer Products group, almost two-thirds (62 percent) of consumers read
consumer-written product reviews on the Internet. Of these, more than
eight in 10 (82 percent) say their purchase decisions have been directly
influenced by the reviews, either influencing them to buy a different
product than the one they had originally been thinking about purchasing
or confirming the original purchase intention. Interestingly, while the
percentages were slightly higher for the younger generations, all age
groups are reading and acting on online reviews at significant rates.
In addition, the reach of consumer reviews isn’t limited to the
online world; seven in 10 (69 percent) consumers who read reviews share
them with friends, family or colleagues, thus amplifying their impact.
While
the survey found that reputation and word of mouth – both factors
that are greatly influenced by online reviews – are the key factors
that influence consumers’ decisions to purchase a new product or
brand, many other factors also play a significant role. “Better
for you” ingredients or components, eco-friendly usage, and sourcing
were each cited by approximately four in 10 consumers as important factors
in making purchase decisions, while eco-friendly production and/or packaging
was cited by more than one-third (35 percent).
Recent
recalls of imported products are also contributing to this trend: one-third
of survey respondents (33 percent) said that, as a result of recent recalls,
they now look for more information on the packaging/product and almost
one in five (18 percent) said they now look for more information on the
Internet or in other locations.
More...

Help Them Help Themselves
Web self-service is far from new, but companies
are still grappling with enabling customers to find relevant information
online quickly without the aid of a live CSR. Analysts and experts agree:
Organizations must learn to view online self-service as a critical component
of their customer loyalty initiatives rather than as an implementation intended
simply to cut costs.
Full
Article...
Information Central: The Contact Center's Next Big Thing
Today's contact center should be to customer insight what Grand Central
Station is to New York's transportation system: a vital hub. Contact center
process and technologies should bring information to agents from marketing,
sales, R&D, billing, and the Web, and collect information from the
contact center -- from agents, call recordings, IVR activity -- and deliver
it back to all those other "destinations." Far too often, however,
the customer insights generated on a daily basis inside the contact center
die there; and at the same time, the contact center is too busy trying
to meet challenging call volume metrics to look at the insight the rest
of the organization could provide. This is a lost opportunity for sharing
information that ultimately can help boost customers' satisfaction and
value to the organization.
Full
Article...
The Business Case For Mobile E-Mail
The business case for putting mobile e-mail into the hands of more employees
gets easier to make as smartphone prices decline. It also helps that IT
tools for managing mobile e-mail across companies keep improving. The
challenge now: getting the people who need mobile e-mail and those who
manage it on the same page.
Full
Article...
Wal-Mart: A Snap Inspection
Customer service is becoming what appears to be an enormous problem for
WalMart. Many of Wal-Mart's workers feel outright hostility toward the
company, and, by extension, they often treat customers with indifference
or worse. That puts Wal-Mart in a box. Without reasonable service, the
company is forced to compete almost solely on price. That in turn squeezes
margins and makes it difficult to pay employees the better wages and benefits
that could boost morale. It's a vicious cycle that now appears to be working
against Wal-Mart.
Full
Article...
What Service-Based Costing Really Means
With service-based costing – a concept from ITIL -organizations
calculate the full cost of their products and services. They propose a
budget that includes not just the expected "keep the lights on"
services but also the many things clients have requested and the many
good ideas their IT entrepreneurs generate for better serving the business.
Full
Article...
IT Survival Guide
We've all been there--asked to come up to speed quickly on technologies
outside our expertise and experience. For every IT staffer and manager
stuck in this situation, InformationWeek has created this Survival Guide.
Tuck it away for the next time you get asked about network access control,
open source, or virtualization. The guide highlights the opportunities
for cost cutting and innovation and the keys to success. It's meant to
help get you through the next business technology storm, because you can
be sure it's coming.
Full
Article...
Spiral
Up: And Other Management Secrets Behind Wildly Successful Initiatives
by Jane C. Linder
Maybe the reason so many well-intentioned management
initiatives fall short is because typical "best practice" methods
only help managers avoid failure, rather than produce genuinely spectacular
results. Jane Linder proposes a new way of managing. Based on her study
of more than 40 wildly successful projects, she has identified five characteristics
that fly in the face of conventional practice. Spiral Up presents accounts
of everyday project champions who have produced breathtaking results .
. . and shows readers how to do the same.
More
Info...
The SupportIndustry.com
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industry. Our blog, updated at least once a week, is dedicated to covering
the latest topics related to service and support, call center management,
customer experience management, web-based support, help desks, workforce
optimization and more.
White Paper: Using Web-based Support Tools to
Improve Customer Service
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customer service. Get
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Multichannel Service
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