Part 1 of this blog series analyzed two white papers entitled “Customer Relationship Management: The Winning Strategy in a Challenging Economy” and “Maximizing CRM Effectiveness During Lean Times,” authored by Microsoft Dynamics CRM and Oracle CRM, respectively. My post made the case for forward-looking enterprises to leverage customer relationship management (CRM) solutions to help them both weather the ongoing storm and prepare for the inevitable turnaround.
In addition to several macroeconomic trends that seem to be helping CRM solutions prove their worth, I also analyzed the recent technological enablers that are making CRM offerings more affordable, flexible, and easy to use. One enabler is the software as a service (SaaS) or on-demand subscription-based deployment mode and the other is the fact that CRM has lately expanded from its traditional “operational” realm into also being “analytic, collaborative, and social.”
Part I of this series analyzed the opportunity as well as the related attached strings stemming from the American Recovery and Reinvestment Act of 2009 (ARRA), a.k.a. the Economic Stimulus Plan. The inspiration came from my attendance of the Deltek Insight 2009 user conference last May, where Deltek decided to fill a market need and interest by convening a separate “track” that was entitled “Stimulus & Beyond (Navigating the Brave New World).”
Part II of this series then analyzed why Deltek believes it can help government contractors, architecture, engineering & construction (AEC) firms, and other public sector organizations in their endeavors to obtain ARRA funds (i.e., the opportunity part) and duly report on them (for transparency and accountability). But what about the construction industry’s current challenges, its outlook, and the market trends?
Part 1 of this series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies, and by Revionics’ recent (and still ongoing) educational series of Web-seminars.
Part 2 analyzed some common retailers’ practices and explained the frequently used vernacular terms. Then the post went into the building blocks of pricing optimization, starting with setting optimal initial (everyday) prices.
Part 3 analyzed the other two building blocks of pricing optimization: promotions and markdowns. Then, the post went into the next generation of pricing optimization according to JDA: Lifecycle Pricing.
Part 4 continued the series by analyzing the pricing optimization vendor landscape, and featured the next-generation pricing optimization approaches of two on-demand software specialists, Revionics and DemandTec. Coming at the heels of the National Retail Federation’s (NRF) BIG Show 2010, Part 5 will conclude the blog series by further analyzing the retail pricing optimization vendor landscape and other vendors’ approaches to the next generation of pricing optimization solutions.
Some previous TEC blog posts have discussed the benefits (but also the inevitable caveats) of white papers, including the all-too-common vendors’ self-serving marketing fluff and buzzword verbiage, and about their (un)intended audiences. As part of my daily routine of doing research on vendors and their strategies and offerings, I’ve read a ton of white papers in the last decade or so.
And yes, these have ranged from blatant and flamboyant bragging about a vendor’s capabilities (a la the “Every man thinks his own geese are swans” proverb) to some exceptional ones that were quite educational and established someone’s expertise in something. Read the rest of this entry »
Part I of this blog series tried to analyze not only the opportunity but also the many related strings attached stemming from the American Recovery and Reinvestment Act of 2009 (ARRA), a.k.a. the Economic Stimulus Plan. The inspiration came from my attendance of the Deltek Insight 2009 user conference last May, where Deltek decided to fill a market need by convening a separate “track” that was entitled “Stimulus & Beyond (Navigating the Brave New World).”
The conclusion of the keynote session was that while public sector organizations stand a fair opportunity to receive unprecedented amounts of economic stimulus funds, the catch is that they need to provide unprecedented transparency and accountability into how those funds are spent while measuring the achievements of those programs. Indeed, many of the “lucky” recipients of funds from the ARRA must meet legal requirements to publish timely and accurate accounting, allocation, and results data for every dollar received.
Part 1 of this blog series outlined Oracle’s recent (and seemingly genuine) change of heart and approach towards partnering and catering enterprise applications to small and medium enterprises (SMEs). The analysis then moved onto the Oracle Accelerate program, which was launched about three years ago to allow partners to sell more of smaller projects in a fixed time and price manner.
Oracle Accelerate is not only a partner program but also Oracle’s go-to-market approach to provide business software solutions to midsize organizations. Part 1 described the main constituent parts of the approach, while Part 2 talked about the program’s current state of affairs. Part 3 of this blog series analyzed the program’s latest partner-enablement developments as well as the inevitable room for improvements.
This final part will analyze the offering that Oracle Accelerate is most likely to face in the market, which is SAP Business All-in-One. The series will end with analyzing mid-market enterprise resource planning (ERP) incumbents with an innate industry focus (i.e., without the need for templates and pre-configured approaches) as well as with general conclusions and recommendations.
Part 1 of this blog series talked about my attendance of the APICS 2009 international conference in Toronto, Canada in early October. I attended few education sessions, as my conference visit focused more on exploring the expo floor and talking to the exhibitors.
My overwhelming impression from the conference’s expo floor was that its main value proposition this year revolved around the flavors of demand management, most notably Sales & Operations Planning (S&OP). Part 2 analyzed the traditional shortcomings and the reasons for the S&OP concept’s (and accompanying software solutions’) current renaissance in light of its existence of a few decades.
Part 3 then analyzed the key success factors of deploying S&OP solutions and approaches, while Part 4 analyzed the role of top management in deploying S&OP solutions, as well as the strategic nature of S&OP. Part 5 will conclude by analyzing the S&OP solution from JDA Software as another product that arguably deserves to be in the S&OP Top 5.
It would not be far off the mark to say that social media, user-generated content (UGC), and online collaboration all hit the mainstream in 2009, at least in the realm of business-to-consumers (B2C) commerce. According to Forrester, 63 percent of online retailers will make social e-commerce a top priority in 2010, with The Limited brands leading the way.
As consumers and individuals, most of us have been effectively using Facebook, Twitter, Yelp, Flickr, YouTube, and LinkedIn for various personal and professional purposes. The Web 2.0 tools and technologies have certainly leveled the playing field, similar to what the advent of the Internet and e-commerce did in the late 1990s (i.e., by further enlarging the so-called “global village”).
Consumers are increasingly turning to each other to harness the “wisdom of the crowd” to empower themselves with useful info and facts to keep sellers honest. “Consumers are so good at detecting when people are lying to us; we know very easily when people are telling the truth and when they’re not,” says Chris Brogan, co-author of the “Trust Agents” book.
Part 1 of this blog series outlined Oracle’s recent (and seemingly genuine) change of heart and approach towards partnering and catering enterprise applications to small and medium enterprises (SME’s). The analysis then moved onto the Oracle Accelerate program, which was launched about three years ago to allow partners to sell more smaller projects in a fixed time and price manner.
Oracle Accelerate is not only a partner program but also Oracle’s go-to-market approach to provide business software solutions to midsize organizations. Part 1 described the main constituent parts of the approach, while Part 2 talked about the program’s current state of affairs. Part 3 of this blog series will analyze the program’s latest partner-enablement developments as well as the inevitable room for improvements.
Part 1 of this series talked about my attendance of the APICS 2009 international conference in Toronto (Canada) in early October. I attended only a few education sessions, and my conference visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference’s expo floor was that its main value proposition this year revolved around the various flavors of demand management, most notably Sales & Operations Planning (S&OP).
Part 2 analyzed the traditional shortcomings and the reasons for the S&OP concept’s (and accompanying software solutions’) current renaissance in light of its existence of a few decades. Part 3 then analyzed the key success factors of deploying S&OP solutions and approaches. Part 4 of this series will analyze the role of top management in deploying S&OP solutions, as well as the strategic nature of S&OP.
At Deltek’s Insight 2009 user conference last May, the host software vendor did a notable thing. Namely, besides merely putting on an all-too-common multi-day conference chock full of product announcements, functional breakout sessions, and industry best-practice discussions, Deltek decided to fill a market need by convening a separate “track” that was dedicated to navigating the maze of the American Recovery and Reinvestment Act of 2009 (ARRA), a.k.a. the Economic Stimulus Plan.
On paper (and as debated and discussed on TV channels ad nausuem), the goal of the Act was to stimulate the US economy and create (or save) jobs through a mix of increased federal appropriations, expanded mandatory spending, and tax cuts. Major policy objectives included in ARRA are the following:
But any stimulus money that a general contractor or manufacturer receives via US federal departments (e.g., Department of Transportation [DOT]) or agencies’ (e.g., Federal Highway Administration [FHWA]) contracts and competitive grants, as well as via US state/local government agencies’ contracts and competitive grants, comes with many strings attached, especially in terms of stringent reporting requirements. In other words, the money and funds that are envisioned to go towards infrastructure, computerizing Americans’ health records, renewable energy, the largest home and commercial building weatherization program in history, the education reform and college affordability and access, etc., are subject to an unprecedented focus on oversight, accountability, and transparency.
Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers consumer-centric pricing and promotions strategies and by Revionics’ recent (and still ongoing) educational series of Web-seminars.
Part 2 of this series analyzed some common retailers’ practices and explained the frequently used vernacular terms. Then the post went into the building blocks of pricing optimization, starting with setting optimal initial (everyday) prices.
Part 3 analyzed the other two building blocks of pricing optimization: promotions and markdowns. Then the post went into the next generation of pricing optimization according to JDA – Lifecycle Pricing.
Part 4 continues the blog series by analyzing the pricing optimization vendor landscape and various vendors’ approaches to the next generation of pricing optimization solutions.
Part 1 of this blog series outlined Oracle’s recent (and seemingly genuine) change of heart and approach towards partnering and catering enterprise applications to small and medium enterprises (SMEs). The analysis then moved onto the Oracle Accelerate program, which was launched about three years ago to allow partners to sell a greater number of smaller projects with fixed time and price.
Oracle Accelerate is not only a partner program, but also Oracle’s go-to-market approach to provide business software solutions to midsized organizations. Part 1 described the main constituent parts of the approach, while Part 2 will talk about the program’s current state of affairs.
The blogosphere and other media outlets might still be raving about major announcements at Oracle OpenWorld 2009, such as the one about Oracle’s professed strategy of “gently” and thoughtfully assimilating Sun Microsystems. The impending merger (subject to somewhat more difficulty than previously expected, due to regulatory hurdles in Europe) should make Oracle not only the world’s largest business software company, but also a major hardware player. References to Apple Computer and its ability to successfully design and offer both hardware and software were cited several times during the event.
Basically all other major highlights from the “ginormous” user event revolved around Oracle’s “complete, open, and integrated” product strategy across the board. Some of these highlights would be the Specialized Oracle Partner Network (OPN) Program for 25,000 OPN partners, or the quite anticipated Larry Ellison’s explanation of the upcoming first generation of Oracle Fusion Applications.
Still, my special interest at this overwhelming multi-day event (with over 40,000 attendees, it likely made San Francisco residents feel sort of besieged) was about Oracle’s continued efforts to become more attractive and appetizing to small and medium enterprises (SMEs). My recent blog post featured Oracle’s VAD Remarketer program targeted at the low-end of the market. The current figures are over 1,200 recruited Remarketers and over 2,000 placed orders for the (primarily technology infrastructure) products that fall under the ORACLE 1-CLICK ORDERING program since its launch over three years ago.
Part 1 of this blog series talked about my attendance of the APICS 2009 International Conference in Toronto, Canada in early October. I attended only a few education sessions, as my conference visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference’s expo floor was that the main value propositions this year revolved around the various flavors of demand management, most notably sales and operations planning (S&OP). This made me think about the reasons for the concept’s (and accompanying software solutions’) renaissance in light of its existence of a few decades.
While Part 2 zoomed on traditional S&OP shortcomings, Part 3 of this blog series will analyze the key success factors of deploying S&OP solutions and approaches. But before that, let me first go further into what has lately changed to enable the revival of customer interest in this practice.
Indeed, why is S&OP more popular these days, given that the concept has been around for decades? Is it the combination of the economy (i.e., business folks’ awareness and the “wake-up call” to get serious and on the same page in today’s increased demand volatility, global networks with supply risks and uncertainty, increased product proliferation and shrinking product life cycles, globalization-based virtualization, etc.) and some favorable technical developments (i.e., analytics, information visualization tools, etc.)?