Digital commerce affects almost everyone’s lives. It is hard to remember a time when one could not sign on to a website like Amazon, order a product, pay for it and have it delivered to your front door within days, not weeks. Although catalogues have been around for a century or so, the digital-commerce revolution has changed the way we think about shopping for many of our everyday and special occasion products. Extend this to digital services, such as streaming videos or online games, and...
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Topics:
Sales,
Customer Experience,
Analytics,
Business Intelligence,
Product Information Management,
Price and Revenue Management,
Digital Commerce,
AI and Machine Learning
Organizations are accelerating their digital transformation and looking for innovative ways to engage with customers in this new digital era of data management. The goal is to understand how to manage the growing volume of data in real time, across all sources and platforms, and use it to inform, streamline and transform internal operations. Over the years, the adoption of cloud computing has gained momentum with more and more organizations trying to make use of applications, data, analytics...
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Topics:
business intelligence,
embedded analytics,
Analytics,
Collaboration,
Data Governance,
Information Management,
Internet of Things,
Data,
natural language processing,
AI and Machine Learning
Having just completed the 2021 Ventana Research Value Index for Analytics and Data, I want to share some of my observations about how the market has advanced since our assessment two years ago. The analytics software market is quite mature and products from any of the vendors we assess can be used to effectively deliver information to help your organization improve its operations. However, it’s also interesting to see how much the market continues to advance and how much investment vendors...
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Topics:
Big Data,
Key Performance Indictors,
embedded analytics,
exadata,
Analytics,
Business Collaboration,
Business Intelligence,
Collaboration,
Data Preparation,
Digital Technology,
natural language processing,
Conversational Computing,
collaborative computing,
mobile computing,
AI and Machine Learning
I am happy to share insights gleaned from our latest Value Index research, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research Value Index: Analytics and Data 2021 is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect the real-world criteria incorporated in a request for proposal to analytics and data vendors...
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Topics:
Big Data,
Analytics
The pandemic accelerated several trends in the contact-center industry that were already underway, chiefly: moving infrastructure and software applications to the cloud, and rethinking the process of managing agents. One byproduct of these trends is a renewed look at the similarities between business-phone systems (also known as unified communications, or UC) and contact center systems (CC).
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Topics:
Customer Experience,
Analytics,
Collaboration,
Contact Center,
agent management,
AI and Machine Learning
There is no doubt that the pandemic has accelerated the existing need for new technology that can help sales professionals do their jobs well in this quickly evolving market. In addition, market trends are driving the need for functionality that is aimed at the front-line sales professional and the manager, highlighting the demand for tools that can help arrest the decline in quota attainment, as well as helping salespeople supplement their traditional focus on sales quotas with activities such...
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Topics:
Sales,
embedded analytics,
Analytics,
Internet of Things,
Sales Performance Management,
natural language processing,
sales enablement,
AI and Machine Learning
Organizations are increasingly using data as a strategic asset, which makes data services critical. Huge volumes of data need to be stored, managed, discovered and analyzed. Cloud computing and storage approaches provide enterprises with various capabilities to store and process their data in third-party data centers. The advent of data platforms previously discussed here are essential for organizations to effectively manage their data assets.
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Topics:
embedded analytics,
Analytics,
Business Intelligence,
Collaboration,
Data Governance,
Data Lake,
Data Preparation,
Data,
Microsoft Azure,
AI and Machine Learning
With modern enterprises adopting and expanding their digital business with subscription and usage business, organizations need to think beyond the primacy of sales as their source of business success. A sustained customer experience is key, representing an organizational and cultural shift from the traditional emphasis on new sales to an equally important focus on customer retention and upsell/cross-sell opportunities. This mindset is also important to organizations involved in digital commerce...
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Topics:
Sales,
Marketing,
Analytics,
Product Information Management,
Sales Performance Management,
Financial Performance Management,
Price and Revenue Management,
Digital Commerce,
Subscription Management
Verint has recently separated into two companies, one of which is a dedicated provider of software focused on customer engagement and will keep the Verint name. (The other is called Cognyte and focused on security analytics.)
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Topics:
Customer Experience,
Voice of the Customer,
Analytics,
Contact Center,
agent management
The current pandemic has disrupted many of the traditional sales methods used by field-sales organizations to engage, and sell to, buyers. In an effort to provide help, many vendors have recently announced new features that focus less on the management of sales organizations and more on tools to help salespeople sell. This has been coupled with a renewed interest in using data to help with the science, alongside the art, of selling, as referenced in my AP: The Art and Science of Sales from the...
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Topics:
Sales,
Analytics,
Data,
Product Information Management,
Sales Performance Management (SPM),
Digital Technology,
sales enablement,
Sales Engagement,
AI and Machine Learning