How can firms measure the X Internet's ROI?
The X Internet is really about doing more with what you already have. Companies have invested millions in PCs, devices, and bandwidth to support today's inefficient Web. Executable Internet applications let you exploit the power of that existing equipment, better satisfy the customer, and reduce bandwidth costs in the bargain.Further out, the X Internet's ROI will be measured on how closely tied companies are to their customers. The extended Internet will let firms build networks that help them understand what customers need instead of simply waiting for an order. The big payoff of the X Internet will be better customer connections and real-time information about the business.
Specifically, how will X Internet technologies improve my company's CRM?
The executable Net provides the customer with a better experience of your company. Think of it as removing the busy signals from the customer support line -- the user can do what she wants to do faster and consume less bandwidth in the process.
The extended Net is also about connecting the digital to the physical world to anticipate customers' needs. If Staples.com can gather data about your supply cabinet -- that your floor needs more toner cartridges -- it can arrange to replenish the supply automatically.
How does the consumer benefit from business investments in the X Internet?
Consumers' online experiences will keep getting better over time. We'll see new applications that go way beyond the capabilities of browsers, yet rely on online data. For example, to let its users better understand what is happening in the stock market today, Smartmoney.com's Map of the Market tool provides its visitors with a richer, more interactive site visit than Yahoo! Finance does. Today, these applications might be simply about managing investments, but as the extended Internet takes hold, we'll experience such applications in homes and offices that sense what we want. In turn, people will stop worrying so much about the technology behind them. The other significant payoff for Smartmoney.com is that it uses less bandwidth in the process.