thomas.wieberneit@aheadcrm.co.nz
Freshworks officially cool now in the club of platform vendors

Freshworks officially cool now in the club of platform vendors

A few days ago, together with a group of fellow analysts, I was invited to attend the 2020 Freshworks analyst days that covered a lot of ground from corporate vision through strategy and of course, some announcements for the Freshworks Refresh 2020 Global Virtual Conference. These announcements came shortly after the company appeared in the fourth Gartner Magic Quadrant for 2020 and after being ranked #16 in the 2020 Forbes Cloud 100 list. All this clearly shows some ambition – and success. As you may be aware by now, these announcements included Neo, the new Freshworks platform and the new Freshworks CRM product. These two topics created the most discussion points between the Freshworks executives and the analysts. Of course, these two announcements were supported by statements on the corporate vision, mission and current standing as well as product vision. Impressive customer testimonials were not missing, too. My Take This I need to divide into three sections, one about the event itself, one about strategy and one about the new products. Let me start with the analyst day itself. The Analyst Day Of course it was a fully virtual event, thanks to Covid-19. The “day” was split into two sessions of four hours each across two days. Each day was closed with a social gathering after the content sessions, where we could talk shop or just banter, having a drink. This was akin t the lobby talk that one has during breaks or after a day full of information. All sessions were live. There haven’t been any canned statements. Questions that were asked via the chat during the various...
CRMKonvos – Raj Balasundaram on AI in Marketing and more

CRMKonvos – Raj Balasundaram on AI in Marketing and more

It was a Tuesday again. This time Ralf Korb and I greeted Raj Balasundaram, Senior Vice President of AI at Emarsys as our guest – and had a second one, but more on this special appearance below. Of course we were interested in both sides, Emarsys, the marketing automation company that was recently acquired by SAP, and in his deep experience with the implementation and use of AI based systems. We had lots of questions like: Where is the marketing automation market headed? What is your view on marketing automation tools at the intersection of CDP’s, personalization, RTIM, Customer Journey Orchestration? Will these market segments merge? Will they jointly create another one? What is the difference between Marketing Automation and Marketing Clouds? Is one used rather for B2B purposes and the other one more on the B2C side? Or is it different concepts? What is the role of AI and M/L? What is AI after all? Is it just a vendor generated hype? Why should AI work now, after the previous hype cycles failed to deliver on the promise? What are promising applications of AI and machine learning in marketing? Lots of ground to cover. And then we also touched pricing, which currently is a very hot topic. Raj has an interesting point of view – that I like a lot. Last but not least, Ray Gerber, Chief Solution Officer at Thunderhead, who started to follow the CRMKonvo as an interested and active community member came in for some more in depth AI discussion. Things couldn’t get any better, and of course we didn’t stick to the hour that we gave ourselves. Too...
CRMKonvos – Latin American expert insights: How different is this market?

CRMKonvos – Latin American expert insights: How different is this market?

Ralf Korb and I had a special guest in Jesus Hoyos, long time CRM practitioner and analyst who works from Mexico and Florida. Jesus concentrates on the Latin American and North American markets. Apart from being a genuinely great person, he had a lot of interesting topics to cover, starting from how different even the various Latin- and South American markets are to how pricing models should be different, not only to accommodate for a pandemic situation but also for the structures of markets that are dominated by small companies, companies that are far smaller that the enterprises that are usually targeted by the bigger vendors. This also has implications on product development, training schemes and its availability, partner and ecosystem enablement and a lot of of other topics (including kayaking in the Everglades). This is a conversation mostly in English, with some Spanglish and a few German in between. And it is jam-packed with valuable information. Well worthwhile viewing and listening...
CRMKonvos – Bob Stutz and Esteban Kolsky of SAP are talking straight

CRMKonvos – Bob Stutz and Esteban Kolsky of SAP are talking straight

In this episode Ralf Korb, Marshall Lager and I had two very special guests: Bob Stutz, president of SAP’s CX group, who shapes the CRM industry for more than 20 years now and Esteban Kolsky, former analyst, both independently and at Gartner. Esteban has deep roots and a passion for customer service processes and now leads the sales and service products at SAP CX.  And then there was a special star, perhaps the youngest guest who we will ever have. Again, and as usual for our CRMKonvos, we did not stick to one hour. Bob and Esteban actually shared their insights for a full 90 minutes, which is something for which we are deeply grateful. We covered a lot of ground starting with how 22 years of experience in the military services can help in the software industry – and not ending with why it took him and his team that long to publish an SAP CX strategy.  You are interested in the state of AI and machine learning? Ask Esteban – or listen to his statements in this episode. Same for what we are doing wrong in customer service for five decades now. And he needs to know, having a service centre background and having covered the service arena for 20 years now in various roles. Did the acquisitions that SAP did in the past years make sense? Why did it take SAP that long to figure out some of the gems in their portfolio? How should pricing look like and why would make this pricing vendors build better software?  Why Emarsys? Where does it fit into the stack – and why?Ever wondered what the real...
SAP throws the CX Glove

SAP throws the CX Glove

It has been an intense 2 weeks. The CX or CRM or however you want to call it market got a serious makeover. After a long time without a tangible strategy, SAP announced a lot of things, starting with the intended acquisition of Emarsys, followed by an announcement about the release of a customer data platform as part of its SAPCXLIVE event, and then it also conducted its SAPCXLIVE online event in an impressive manner. I wouldn’t proclaim it ‘cineastic’, which is the current mot du jour, but still, it felt very much like a trade show, just virtual. And the week before, SAP president of CX Bob Stutz shook the players during an executive roundtable (very good discussion, intense 2:40 hrs) with representatives of the big 5 held by the CRMPlayaz Brent Leary and Paul Greenberg. He openly questioned the enterprise software vendors pricing policies by asking why the industry does not go for a utility bases billing approach – or should I say utilization based billing approach. Maybe it was just a challenge, as SAP applies usage based pricing with the indirect pricing model for its ERP software and intends to offer it for (at least parts of) its CX software. Pre event some pundits, e.g. Bob Evans of Cloudwars and myself, dared a look into the glass ball, interpreting the SAP world differently. What can be said is that any allegations of SAP withdrawing from the CX market, succumbing to the 800-pound gorilla that Salesforce is, should have been wiped out latest after the first few words of SAP CEO Christian Klein’s keynote of SAPCXLIVE. The...

CRMKonvos – SugarCRM and its cool future beyondCXM

CRMKonvos Nr.18 – KI, #beyondCXM perspectives and opportunities with more dynamics are coming up. This time in our focus: The SugarCRM Story and the node.io integration. In this CRMKonvos Ralf Korb and Thomas Wieberneit talked with SugarCRM CEO Craig Charlton and CTO Rich Green about the past, present and future of SugarCRM. Of course, we covered the progress of the integration of node.io, and the reasons for choosing it. But then there are also topics as mundane as why there are still reasons to choose an on premise installation vs. going cloud. What is a platform? Rich Green has a very good definition with a very own Sugar twist to it – and which makes a lot of sense. What is the real reason for appointing James Norwood into the board? Apart from him being an extremely kind, knowledgeable and connected person? What are the top five gaps in Sugar’s footprint? We covered a lot of ground. Enjoy this very enlightening English episode of our...