SAP CRM for S/4HANA – News from the Customer Frontier

by Thomas Wieberneit | Jan 6, 2018 | Blog |

It has been a little more than half a year now that I didn’t update on what is going on with SAP CRM and S/4HANA (which I will refer to as S/4 from now on; SAP it is time for you to change the unwieldy name to something more manageable). What Happened – So Far As you are well aware SAP is working on integrating a simplified version of SAP CRM into S4. The original roadmap offered a first customer release of an integrated product in early 2018, based on the September 2017 release of S4. The integration was planned as an add-on to S4. The initial scope of this CRM add on for S/4 was supposed to cover what is referred to as ‘core service’ functionality. This initial release shall be followed by ‘core sales’ functionality later in 2018. 2019 then is supposed to be dedicated to another round-off release covering further sales and service functionality, including loyalty management and migration tools. Roadmap and statements also so far have been fairly fuzzy about the strategic distinction between CRM as a part of S4 and the SAP Hybris line of CRM- and CEM systems. What does the Future have in its Basket? As it seems now, the release is not going to happen as fast as planned, nor in the originally planned way. Instead, in a webinar recently held for partners, SAP ‘announced’ two very interesting changes, with the second one likely also being a consequence of the first one. SAP CRM will no more be referred to as an add-on to S/4 but, at least for the service...

SAP acquires Gigya – A Snap Analysis from Down Under

by Thomas Wieberneit | Oct 10, 2017 | Analysis, Blog |

The News Well, it is already more than two weeks ago that this news hit the wires, but SAP announced the acquisition of Gigya, a leading Customer Identity and Access Management (CIAM) platform vendor. Gigya got placed in the top position of Forrester’s Wave for Customer Identity and Access Management Platforms Q2 2017, a position that is owned by SAP, if the company manages to address customer (and hence analyst) concerns that arise from the merger. SAP, in turn, with its SAP Hybris branded software, provides a suite of commerce and engagement solutions that allow organizations to build and leverage in real time a 360 degree view on the customer, across channels and devices. Gigya is an SAP (Hybris) partner since 2013 or so, and has integrations with SAP Hybris Ecommerce, SAP Hybris Marketing and SAP CRM. SAP intends to make the Gigya platform part of its Hybris portfolio. The transaction is expected to be closed by end of 2017. The Bigger Picture The CIAM market is evolving fast, coming out of the area of providing social logins with the purpose of simplifying web site logins only a decade ago. This purpose remains but along with solving registration problems there are now a lot regulation challenges that are to be addressed. Just think, management of consent and preferences across sites, or GDPR, which imposes data residence requirements on top. With the additional data collection capabilities of CIAM solutions there is quite an upside for CRM vendors – especially for ones with strong marketing automation and profiling capabilities, like SAP. There is an increased ability to accurately address individual customers...

Freshworks acquires Zarget – A Snap Analysis from Down Under

by Thomas Wieberneit | Aug 30, 2017 | Analysis, Blog |

The News Freshworks on 29/08/2017 announced that it acquired Zarget, a conversion rate optimization software startup. With this being the ninth acquisition in about two years Freshworks is continuing to augment its development by adding missing functionality from outside while adding talent to the teams. Zarget’s software is helping marketers measuring and understanding how users interact with their websites, which is important information when it comes to assessing reasons for users not becoming customers. For Freshworks this acquisition also marks a first step to close the functional gap that marketing still is for them. With Freshworks founder and CEO Girish Mathrubootham having been an angel investor into Zarget this is also a natural choice. An interesting piece of information comes as a quote by Girish: “ At Freshworks, our ambition is to emerge as the de facto cloud-based business software platform for businesses of all sizes”. The Bigger Picture There are a couple of interesting facets to this acquisition. Freshworks, by virtue of its rebranding from Freshdesk, has made a bold statement that they are not striving to cover customer service only. This, of course, was clear earlier when looking at their range of products and solutions but this naming implies an ambition. I have commented on this this earlier. While they are still concentrating on the wider CRM area with bot acquisitions, a recent release of Freshteam, a CRM for recruiters, there is a tendency to divert into different areas. This time it is about starting to close a fundamental gap in Freshworks’ CRM offerings: So far there has virtually been no marketing functionality. Looking specifically at marketing...

SAS Customer Intelligence 360 – Turn Data into Experience

by Thomas Wieberneit | Jun 20, 2017 | Analysis, Blog |

A while ago Angela Lipscomb from SAS got in touch with me to get me introduced to SAS’s concept of a Customer Decision Hub. Their Customer Decision Hub is a solution concept that shall allow organizations to derive insights and to trigger actions from interactions with external parties, like customers based upon rules and the derived insights. A Customer Decision Hub e.g. orchestrates the determination of Next Best Actions, and allows responding to an incoming request in real time using analysis and decision logic. At the same time standard communications can get suppressed based upon the same set of rules. In other words, the Customer Decision Hub fosters customer engagement based upon inbound signals that get analyzed and processed through the organization. Why is this remarkable, I hear you asking? It is remarkable because SAS Software first of all is an analytics company with a strong reputation for enterprise analytics at the higher end of performance and price point. SAS describes itself on LinkedIn as “the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world the power to know®.” SAS is not a company that is widely known for being actively engaged in the customer engagement market (pun intended). So I was intrigued. And so should you be. Finally, a few days ago my somewhat erratic schedule allowed me to have a follow-up with Troy Kusabs of SAS Software in...

Experience requires Engagement – Are Companies Prepared?

by Thomas Wieberneit | May 4, 2017 | Blog |

Today’s businesses are in a difficult situation. Their customers demand more experience and contextually relevant engagements than they are equipped to deliver. This places them on a difficult trail that they need to navigate in order to be and stay successful. Their challenge is that technology does help everyone, especially their customers, because, also thanks to the consumerization of technology, it is far easier and cheaper for customers to implement and use technologies. Good technology examples of the past decade include the meteoric rise of messaging services and, before that, social media. As a consequence of this today’s customer is less depending on company marketing- or sales organizations and has a far higher reach when it comes to satisfying an information need. Consequently, Google finds that a whopping 99.8 per cent of all online ads are simply … ignored. Sales representatives are on the verge of becoming irrelevant. An increasing number of studies find that customers contact a sales representative only after a product decision has been made. This was a topic that was already discussed during CRM evolution 2016. Other studies determine that customers are abandoning shopping carts already following a single poor service experience. While these studies often are commissioned by vendors there still are too many of them to not indicate that there is a problem. After all there is bound to be a fire where there is smoke. The 1990’s customer was happily working with and believing in corporate messaging that got delivered via unidirectional channels like TV, radio, or the newspaper. Today’s customer uses available technologies and is always online, digitally connected and socially...