Posts Tagged ‘customer relationship management’

CRM Software History

Monday, November 8th, 2010

Customer relationship management (CRM) is a widely-implemented strategy for managing a company’s interactions with customers, clients and sales prospects. It involves using technology to organize, automate, and synchronize business processes—principally sales activities, but also those for marketing, customer service, and technical support. The overall goals are to find, attract, and win new clients, nurture and retain those the company already has, entice former clients back into the fold, and reduce the costs of marketing and client service. Customer relationship management describes a company-wide business strategy including customer-interface departments as well as other departments.

crm-timeline

We’d like to present you a project about the history of CRM: CRM Software History Timeline by Software Advice. The creation of this timeline came about when they were researching the history of CRM and found that there wasn’t really a comprehensive account of the CRM software industry’s history available online. CRM is an established segment of the software industry, having been around for nearly 30 years. Several innovative technologies have arisen from CRM that have changed the way companies conduct business, specifically in sales, marketing and customer service. So, Software Advice wanted to aggregate the information they found into one place to make it available to the general public.

For today the timeline includes 18 key events that have shaped the CRM software industry over the last 30 years. The CRM Software History Timeline is interactive in that people can submit dates and events that they deem to be important in the history of CRM software.

The company Software Advice wants to add another 20 events and dates. May be you can help them with this project?

Three Steps to a Successful CRM Strategy

Thursday, April 15th, 2010

Creating an effective customer relationship management (CRM) strategy is different for each company. Yet, there are three key steps which we would suggest to take into account and which can be applied to building any CRM strategy. These three steps to a successful CRM strategy are:

  • setting the direction
  • reviewing the current situation
  • creating a plan

Building a CRM Strategy

A CRM strategy which is developed in isolation is ineffective. It should function in linkage with the overall corporate strategy, and should base on existing sales or marketing strategies. Following the below three steps will ensure that your CRM strategy will succeed.

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Gartner: 22 Percent Growth in Global SaaS Earnings in 2009

Monday, October 26th, 2009

The latest forecasts of Gartner, the world’s leading information technology market research and advisory company, show that the market for software-as-a-service (SaaS) is expected to reach $8 billion in 2009, which is a 22% increase from 2008 revenue of $6.6 billion. Besides, the market will be consistently growing through 2013 with the worldwide SaaS revenue reaching the figure of $16 billion for the enterprise application market.

“The adoption of SaaS continues to grow and evolve within the enterprise application markets as tighter capital budgets in the current economic environment demand leaner alternatives, popularity increases, and interest for platform as a service and cloud computing grows,” said Gartner representatives.

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Global CRM Market: 5 Years of Consecutive Growth

Wednesday, August 12th, 2009

Provided by Gartner, the world’s largest technology business research authority, the new research has shown that the worldwide customer relationship management (CRM) market experienced growth during last year (2008).

Those interested in IT outsourcing might find curious the figures which Gartner came up with. The researchers found that the global CRM market achieved revenues of $9.15 billion in 2008. According to statistics, this figure shows a 12.5% increase on the $8.13 billion revenue reported in the previous year.

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