It (Finally) May Be Time for CRM

Ann All

Remember those old wine commercials with Orson Welles intoning that "we will sell no wine before its time"?

 

The same cannot be said for enterprise software vendors.

 

Hard to blame them, really. Everybody has to make a living. And they usually find a perfect enabler in companies looking for a magic software fix to solve all their problems.

 

That may have been a big part of the problem with CRM, which promised to help companies glean customer insights and turn them into gold. Instead, CRM turned out a lot like James Dean -- sexy but difficult to work with, and ultimately ending up in a heap of twisted metal (or dashed expectations, in CRM's case).

 

Yet CRM's underlying premise was always solid. And now it may be making a comeback, say analysts including Gartner and AMR Research. Companies have learned some lessons and are starting to apply them. For instance, CRM is as much about analyzing and improving processes as it is about technology.


 

Vendor consolidation is doing its work, with the result that the strongest platforms will be left standing. Software-as-a-service is making CRM an option for even the smallest companies.

 

With a proliferation of customer channels that shows no signs of slowing, companies now need CRM more than ever. They are being inspired by the success stories -- and there are a growing number of them out there.

 

Looks like it finally may be time for CRM.



Add Comment      Leave a comment on this blog post
Aug 24, 2006 9:55 AM Tom Stefano Tom Stefano  says:
Indeed, it is the Time for CRM nowadays. The huge success of software-as-a-service (SaaS) CRM movement led by Salesforce.com, Netsuite, RightNow and Saleboom.com is extending the technology equally to all businesses, from large public companies to Pop's and Mom's shops around the world.Like everything CRM is 80% strategy and 20% technology, so unless your team players are adopting, CRM projects are bound to fail, miserably.What seems to worry larger customers these days though, with the on demand model; is Integration. Software-as-a-service solutions must be able to integrate to traditional in-house and legacy systems. The advances in web services APIs and SOA platforms will indeed help CRM and especially on demand solutions reach wider audience.   Reply
Aug 26, 2010 5:40 AM Spead Mark Spead Mark  says:

Thanks for the post!  New computer software and especially the internet and things such as social media have revolutionized the way CRM is done.  Any company that has good CRM practices can really increase their profits a ton.

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