by twieberneit | May 11, 2023 | Analysis, Blog |
The News On May 4, 2023, Zoho held its Zoholics conference in Austin, TX which included a media and analyst track in addition to the customer track. After all, Zoholics is a customer event. During this event, about 80 participants of the former track had ample opportunity to learn about and discuss the latest news at Zoho. We also had the opportunity to listen to – and question – a panel of customers who gave candid answers about their journey with Zoho and challenges they faced. Of course there was plenty of room for mingling and networking with Zoho executives and, of course, with analysts and customers. In addition to the breaks between the tracks, there was a pre-evening reception, a dinner on the event day and a casual brunch at the Zoho farm just outside of Austin. As usual for Zoho, the sessions were less about feeding us with PowerPoint (or Zoho Show, to be precise. Why would Zoho not use a Zoho product?) but about giving good information and a genuine interest in getting feedback. This was evident not only during the sessions but also by the customer panel and an open Q and A with representatives of the Zoho leadership team. Of course, the customers were reference customers. Still, they openly admitted challenges. In one case e.g., it became evident that Zoho’s HR software has scope for improvement, another example was users preferring MS Teams to Zoho Cliq. The sessions covered four grand themes: The release of Ulaa, a privacy orientated browser Zoho’s upmarket momentum A kick-start set of solutions to help solopreneurs and very small businesses to...
by twieberneit | Jan 13, 2023 | Blog |
At the end of a year and the beginning of the following year all kinds of research organizations and pundits make their predictions. So could I but then, this year I choose to have a look at some predictions and comment on them. After all, there are predictions for all sorts of areas, including CX. So, what I’ll do instead is having a look at some them. I’ll analyse their rationale and give brief recommendations on what can be done to help work with them. This should be far more beneficial for you than me adding my own – probably redundant – predictions for 2023. So, here we go! These are my top three, along with some recommendations for enterprise software vendors and their customers. One in five CX programs will disappear One of the predictions of Forrester Research is that “one in five CX programs will disappear”. The good news is that at the same time one in ten will get stronger. This is largely, because businesses have not yet embedded CX into their business strategy. A second reason is that CX professionals still struggle with calculating and defending the ROI of a CX initiative. Sadly, Forrester is right. I agree and am actually a bit more pessimistic. Many business’s haven’t yet managed to tie the outcome of CX initiatives to business results. And at the end of the day, an expense needs to have a monetary consequence. This means, more revenue or less cost, more profitability. Being able to establish and defend this link is even more important in times where general uncertainty tightens budget strings. What to do as...
by twieberneit | Apr 27, 2022 | Blog |
This is the third part of my return of the undead series. The first two parts dealt with identifying what components or building blocks a metaverse ecosystem needs to consist of. These components basically define how metaverse can work and serve as a model for the identification of how/where participants in an ecosystem could earn their revenues. Figure 1: The metaverse ecosystem These building blocks are mainly independent of the notion of a(n open) metaverse, as described by Tony Parisi in his article The seven Rules of the Metaverse. They also apply to a more multiverse type world of a collection of closed metaverses – something that I really do not want to call metaverse. The openness, that is necessary for a “metaverse” to thrive can be achieved either by common consent or via regulation – or more likely by a combination thereof. In any case, I believe that some amount of regulation is necessary in order to create and maintain a level playing field and to avoid one or few companies hijacking the area – as this is a platform game and platform games prefer size and allow only few dominant players. Users and creators use front-end applications that enable them to create the and interact with the virtual worlds that are offered. It is here, where the experience happens.These applications run on devices that offer the necessary sensors and actuators.The front-end applications connect to one or more virtual worlds that are provided as a service and that themselves rely on technology platforms.All this gets connected by an infrastructure that includes servers, storage, networks, chips, etc, as well...
by twieberneit | Feb 7, 2022 | Blog |
There. Is. No. Metaverse. I am sorry to be a party pooper but read me out. It doesn’t exist. At least not yet. And not for quite some years to come. I am talking of a decade or more. Perhaps not ever. And whence it comes, it probably looks different from what we see now, and we will likely call it by a different name. Does this statement surprise you? I mean, many people, companies and investors are looking at metaverse as being the next big thing. Crunchbase already in November 2021 reported more than $10.6bn being investedinto metaverse related startups. According to a Galaxy report quoted by Institutional Investor, crypto and blockchain startups alone collected more than $32bn in 2021. Microsoft just invested a whopping $70bn in Activision Blizzard, which is clearly a metaverse play. So much money cannot be wrong, right? Google trends also suggests that there is quite some interest in these topics that came up quite recently and quite suddenly, which means that the trend has reached the masses. Figure 1: Google Trends NFT (blue) & Metaverse (red) 01/01/20 – 02/07/22 Last, but not least, “Metaverse” is not a new concept, as it exists since at least 1998 – yes, I am talking about Half Life, the first person shooter game that is often credited with providing a highly immersive world as a first of kind. The first usage of the term itself is credited to Neal Stephenson, who used it in his novel “Snow Crash”. Still: It. Does. Not. Exist. The biggest evidence for there not being a metaverse is that everyone (and their dog) is building one or even claiming...
by twieberneit | Dec 27, 2021 | Blog |
It is this time of the year and I want to extend a heart-felt Thank You! to all my readers who honour me by investing your time into reading my posts, sharing and commenting on them. Thank You! Below is the list of the top 10 posts read by you in 2021 #10: How to avoid the looming CRM crisis #9: The Dirty Dozen of 2021 Trends (maybe I should revise this one for 2022?) #8: CRMKonvo – Freshworks on Platform, CRM and useful AI #7: Outlaw Spirit – Lessons from The Zoho Analyst Day 2021 #6: How to orchestrate customer journeys in real time at scale #5: Digitization, Digitalization, Digital Transformation – A Stake in the Ground #4: With Oracle Fusion Marketing into the Future of CRM? #3: Together, Zoom and Five9 shape a new market (well, in the light of this merger having failed … they could have shaped a market. Still, a very readable one) #2: Nimble strengthens its ability to be where the user is #1: Ecosystem Play, One Game at a Time Obviously, I do not know yet in detail what I am going to write about in 2022. however, I strive to make it as valuable for you as this year – at least Bonne...