For Business Process & Applications Professionals (Length: 46 pages)

July 9, 2009

TechRadar™ For BP&A Professionals: The Extended CRM Application Ecosystem, Q3 2009

Social Applications Stimulate Innovation But Sales, Order Management, And Service Hold The Keys To Your Revenue Engine

This is the first document in the "Making The Right Customer Management Technology Choices" series.

by William Band

with Connie Moore, Andrew Bartels, Andrew Magarie


Executive Summary (This is a document excerpt)

Locking in customer loyalty through deeper engagement and differentiated experiences will continue to be critical priorities for organizations in all sectors in the decade ahead, but navigating the complex customer relationship management (CRM) technology landscape remains challenging — particularly in light of the rapid rise of Social Computing, the increasing adoption of software-as-a service (SaaS) solutions, and the need to provide mobile capabilities for front-line personnel. But by selecting the right solutions to invest in, CRM professionals can take the proper steps without taking unnecessary risk. As our TechRadar™ evaluation of the extended CRM applications ecosystem shows, community platforms, customer forums, and enterprise feedback management solutions — all of which enable new ways to connect more closely with customers — have entered the CRM stage. However, selling, order-taking, and customer service remain the engines that power the income locomotive at most companies. Customer data management and business intelligence solutions are becoming much more robust, supporting deeper customer insights and better decision-making.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemThe State Of Planning For CRM Applications

itemWhy The Future Of Extended Customer Relationship Applications Matters

itemOverview: Forrester's TechRadar For CRM Applications

itemSocial Computing Spawns The Next Generation Of Innovation

itemSupplemental Material

Forrester reviewed our ongoing research on technology trends and analyzed inquiry patterns. We conducted a survey in partnership with CustomerThink of 286 companies using or considering buying 19 types of customer management solutions. Findings were validated through discussions with 14 Forrester analysts who are experts in each of these technology domains. We also talked with selected technology vendors.

Related Research Documents

itemCRM 2.0: Fantasy Or Reality?

November 13, 2008

itemThe Forrester Wave™: Enterprise CRM Suites, Q3 2008

August 29, 2008

Find Documents In Related Categories

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Analyst: William Band
Technology: Application Strategy & Selection, Contact Center Technologies & Processes, Customer Experience, Customer Relationship Management, eBusiness/eCommerce, Marketing & Advertising, Marketing Automation, Networking, Order Management, Packaged Applications, Product Life-Cycle Management, Social Computing & Web 2.0, Sourcing & Procurement, Sourcing & Procurement Applications, Supply Chain Management
Industry: eCommerce Platforms & Technologies, Financial Services, Online Financial Products & Services, Retail, Retail Technologies
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 9 out of 10
based on 2 ratings across all roles.
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