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OpenText Streamlines the Way Enterprises Digitally Communicate with Customers

Self-Service Innovations in Exstream Empower Marketers

OpenText, a global leader in Enterprise Information Management (EIM), announced version 16.6 is generally available now and will be launched in July 2019 at its annual user conference, OpenText Enterprise World. Innovations in its market-leading customer communications management solution, OpenText Exstream, are being previewed at Document Strategy Forum 2019 (DSF ’19). The conference is held May 7-9 in Anaheim, Calif.

OpenText Exstream 16.6 introduces self-service, browser-based design, authoring and interactive editing, which helps free marketing, business and other non-technical users to compose and edit their own HTML5 templates without technical assistance or additional coding. Marketers will be able to eliminate process bottlenecks and save time in creating and deploying high-quality, responsive and compliant digital communications to customers, while reducing the burden on enterprise IT departments.

Organizations that rely on Exstream will also benefit from new customer journey modeling. Users who own the customer journey may graphically model the creation and delivery steps for all communications using an intuitive, web-based drag-and-drop visual interface. Line of business process owners, who have the greatest understanding of their customers, may now define what type of outputs to produce, how to deliver those outputs across all channels and what to do if delivery fails.

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“The ability to quickly and effectively communicate with customers via their preferred digital channels is critical to marketers responsible for customer experience,” said Guy Hellier, Vice President of Product Management for Customer Experience Management (CEM) at OpenText. “Demand for technical assistance with digital communication often outpaces IT resources. With Exstream, business users are able to design HTML5 responsive communication flows that help them meet regulatory requirements and accommodate all devices. This enables faster time to market for new offers, reduces operational costs and optimizes customer engagement.”

Exstream 16.6 innovations will be launched at Enterprise World in Toronto July 9 – 11. The conference helps businesses address the power of enterprise information management (EIM) to gain the information advantage.

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OpenText CCM solutions help businesses build better customer experiences across all touchpoints. Exstream is used by more than 5,000 enterprises worldwide to drive profitable lifetime customer relationships. Exstream was recognized as a leading CCM solution in the 2018 Aspire Leaderboard for Customer Communications.

OpenText will also be showcasing innovations in its Intelligent Forms Automation solution, OpenText LiquidOffice, and latest advances in Content Services at DSF ’19. These solutions reflect the company’s ongoing commitment to helping enterprises deliver rich and streamlined digital experiences for customers.

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Salesforce Announces Einstein Analytics for Financial Services – AI-Powered Insights for Wealth Advisors, Managers and Retail Bankers

Now Financial Services Professionals Can Instantly Access Customized, Data-Driven Insights and Deliver Personalized Recommendations for Every Client

Salesforce, the global leader in CRM, announced Einstein Analytics for Financial Services, a customizable analytics solution that provides AI-augmented business intelligence for wealth advisors, retail bankers and managers.

Banks and wealth management institutions are facing a rapidly changing industry landscape, as new fintech entrants and consumer technologies are simplifying how people save and invest their money. Customers now expect the majority of their financial transactions to be digital but are also demanding smart, high-touch experiences with their advisors when needed. Bankers and wealth managers must deliver modern experiences that are smart, personalized and fast to differentiate their services. Banks have always understood the importance of building best-in-class customer relationships, but often struggle to manually stitch together and correlate all of their customer data from various systems to deliver them at scale. Bankers and wealth managers need to be empowered with immediate, intelligent recommendations to meet customers’ growing expectations for speed and personalization.

Introducing Einstein Analytics for Financial Services

Salesforce Financial Services Cloud delivers a customized CRM experience for financial institutions. Now, with the addition of Einstein Analytics for Financial Services, retail bankers and wealth managers have access to AI-powered insights and recommendations specifically tailored to their role and their customers. By bringing together data from Financial Services Cloud and other data sources, users can instantly surface actionable insights to grow their books of business and deepen client relationships.

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Einstein Analytics for Financial Services includes:

  • Actionable insights powered by AI: Financial services professionals now have predictive guidance and recommended actions built directly into day-to-day client engagement. For example, financial advisors can now receive updates on which clients are most likely to increase their assets under management or churn, helping them focus their energies on client retention and growth in the smartest way.
  • Built-in industry dashboards: Pre-built industry-specific templates—such as client financial goals and interactions, referrals, deposits and fees—enable front-line wealth advisors and retail bankers to begin using analytics immediately. They are no longer forced to wait on IT departments or data scientists for daily insights and decision guidance around the most common KPIs. For example, a wealth advisor can instantly access dashboards that provide insights from her entire client list, identify the ones who aren’t meeting their financial goals and then create a task to reach out to them directly.
  • Customizable platform to analyze external data: Users can quickly and easily build custom analytics apps, and connect to external data sources to get a full view of their book of business to better understand their customers’ financial goals and needs. For example, users can bring in external data on loan payments and credit card balances, as well as customer satisfaction to provide proactive and personalized advice and services.
  • Built-in compliance with industry regulations: Einstein Analytics for Financial Services ensures that all data is hosted in a trusted, secure and compliant cloud-based platform. This includes all of the security, privacy, auditing and reporting tools consistently configured and leveraged to meet compliance requirements.

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Elements Financial is leveraging Einstein Analytics to better understand their customers

  • Elements Financial, a credit union specializing in the financial wellness of its members, utilizes Einstein Analytics to better understand members’ financial goals and interactions. By embedding Einstein Analytics on account home pages, tellers and management teams quickly have insights into members and money flow, allowing customized offerings and stronger relationships.

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Cirrus Insight Announces Sean Piket as VP of Revenue

Cirrus Insight is pleased to announce the appointment of Sean Piket as Vice President of Revenue. The leader in email tracking and meeting scheduling, Cirrus Insight offers a seamless email experience featuring Gmail or Outlook extensions with Salesforce integration. In this new role, Sean is responsible for leveraging Cirrus Insight’s strong fundamentals to take it to the next level in terms of world-class sales enablement, enterprise grade service and individualized customer success.

Cirrus Insight is pleased to announce the appointment of Sean Piket as Vice President of Revenue, responsible for delivering world-class sales enablement, enterprise-grade service, and individualized customer success.

Sean’s focus on customer acquisition and retention comes from a strong background of successfully scaling early stage tech companies. He has 22 years of experience in sales management, entrepreneurship and business operations, primarily at emerging-growth technology companies. Previously the Founder of Sales Integrity, a tech-focused sales consulting firm, he brings his process driven enthusiasm for improving customer relations and sales operations to ensure Cirrus Insight’s customers succeed.

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“I look forward to partnering with customers to show them how to use sales process as a competitive advantage and am excited to join a dynamic leadership team and fast-growth company with a world-class product,” said Sean Piket, VP of Revenue. “I get the privilege of leading an excellent, high quality team of sales and customer success professionals focused on adding value for our customers. This is an exciting time to join Cirrus Insight as we are poised to accelerate corporate growth and product development.”

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“Sean will help customers leverage their sales data for greater team success,” said Ryan Niemann, CEO of Cirrus Insight. “We’re driving to offer a world class integration between our customer’s inbox and their Salesforce data. I am excited to have him join our team and look forward to building a next-generation platform for growth.”

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Carol Clagett joins CRMNEXT as Director of Customer Success

Clagett brings over 20 years of banking operational experience to drive customer success

CRMNEXT, Inc., the leading global CRM solution provider in financial services, has appointed Carol Clagett as its director of customer success to provide support for the company’s growing US customer base. In this role, she will serve as primary contact for banks and credit unions implementing CRMNEXT’s solution. Beyond managing implementations, Clagett will address ongoing customer support requests and lead client discovery workshops.

“Carol’s in-depth knowledge of operations across a variety of notable banks will prove incredibly valuable as CRMNEXT continues its expansion in the North American market”

“Carol’s in-depth knowledge of operations across a variety of notable banks will prove incredibly valuable as CRMNEXT continues its expansion in the North American market,” said Joe Salesky, CEO of CRMNEXT. “The addition of Carol’s leadership will ensure the successful delivery of the CRMNEXT platform to each new partner, equipping them to drive revenue growth and increase efficiency through our solution.”

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Clagett brings more than 20 years of industry experience to her role at CRMNEXT, most recently serving as a senior vice president and retail market manager at First Bank, headquartered in Southern Pines, NC. Prior to joining First Bank, she held senior leadership positions in management, customer service and software deployment at First Citizens Bank and BB&T.

“My previous experience juggling dozens of siloed applications opened my eyes to the value of CRMNEXT’s solution. Its unified platform enables financial institutions to deliver seamless service to their customers,” said Clagett. “CRMNEXT goes well beyond the traditional CRM. It is the only solution with the ability to pull in data from multiple systems, provide a comprehensive view of the customer and conduct transactions in the same application.”

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Clagett joins CRMNEXT fresh on the heels of leading the internal implementation of the CRMNEXT platform at First Bank.

“Carol has been an incredible liaison between CRMNEXT and First Bank,” said Cathy Dudley, executive vice president at First Bank. “We wish her all the best as she transitions to her new role. CRMNEXT’s technology has streamlined our bank operations and we know that other financial institutions can achieve the same success with the CRMNEXT platform and Carol’s efforts.”

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Nimble Delivers Contact Unification, Automated Data Enrichment for Microsoft Dynamics 365 Business Central Partners and Customers

CSPs Offer Nimble + Business Central + Office 365 Bundles To Organizations Seeking True 360-Degree View of Relationships Without the Price or Complexity of Enterprise CRMs

Nimble — the Simple, Smart CRM for Office 365 — announced two-way contact data synchronization and automated data enrichment for Microsoft Dynamics 365 Business Central, Office 365, and other business data sources. A fast-growing network of CSPs worldwide are reselling Nimble as both a simple CRM for Business Central and an onramp to more sophisticated systems.

Nimble Anncs Team Relationship Management, Contact Unification & Data Enrichment for Office 365 & #Dynamics365 Business Central #MSPartner

“It’s hard to truly understand your customers, partners, and suppliers when your CRM is broken, and critical relationship data and conversations are siloed in Business Central, Office 365, and other front- and back-office systems across the organization,” said Nimble CEO Jon Ferrara. “Microsoft users love using Nimble because our automated, instantaneous insights enable workgroups to become smarter about managing relationships across front- and back-end systems wherever they’re working.”

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A company-wide relationship management platform for Business Central customers

Nimble and PieSync provide a complete view of every business relationship within the company, gathering contact data from Business Central, Office 365, and any number of siloed data sources into a single system. AI and automation build, enrich, update, and sync customer records, freeing users from spending endless amounts of time manually keying in or migrating data. Ease of use and universal accessibility help drive an average 80% Nimble user adoption rate, according to verified user reviews on G2 Crowd.

“Nimble powered business data, combined with Dynamics Business Central business management capabilities, is a huge step forward for smart businesses that want to use their data as a competitive advantage,” said Eamon Moore, CEO and co-founder of Hikari Data Solutions.

A recent winner of Microsoft’s CSP Partner of the Year Award, Eamon describes three primary use cases for Business Central customers using Nimble and its embedded PieSync integration:

  • Unlocking company and relationship data, as well as standard and custom fields from Business Central, allows sales and business development teams to follow up on key information or potential opportunities uncovered by the finance group and other back-office staff members.
  • Providing in-app access to a unified database of relationship data gathered from multiple systems, including Office 365 and more than 170 SaaS business apps. Access to unified knowledge saves time and eliminates the errors commonly associated with maintaining “multiple versions of the truth.”
  • Enriched, 360-degree views of every Business Central relationship helps team members cultivate strategic, loyal relationships with key stakeholders within their day-to-day workflows.

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“This 2-way synchronization not only saves time, but it also enriches the contacts’ profiles with the information both tools gather,” said Mattias Putman, Founder & CTO of PieSync. “We built a solution that enables users to visualize certain financial details of their customers within Nimble. At the same time, the social insights gathered by the CRM are automatically available in Business Central.”

Nimble can either serve as a customer’s simple CRM for Office 365, an integrated front/back-office solution, or a company-wide clearinghouse of relationship data across multiple cloud-based applications.

“Some of our clients that aren’t ready for Dynamics 365 for Sales use Nimble as a simple-but-powerful contact relationship manager,” said David Gersten, practice manager, Dynamic Consulting, LLC. “Having easy visibility to company and contact information, without having to duplicate entries manually between applications, will improve sales and vendor relationships for SMB customers using both of these offerings.”

“While Microsoft Dynamics 365 for Sales is ideally suited for businesses that want an enterprise-class business management solution, we recommend Nimble for small teams that want an end-to-end solution with Microsoft Dynamics 365 Business Central for its back office, said Rosalyn Arntzen, President and CEO of Amaxra. “As customer needs evolve, Nimble integrates with Microsoft Dynamics 365 for Sales, enabling employees to access complete records for every contact, within appropriate workflows and everywhere they engage customers online.”

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NICE Wins 2019 CRM Service Leaders Awards for Excellence in Analytics and Workforce Optimization

Based on scores by leading industry analysts and consultants, awards recognize NICE for setting the standard in the contact center

NICE announced that its analytics and workforce optimization offerings have won the CRM Service Leaders Awards. The winning NICE solutions stood out for providing analytics-driven insights that drove up efficiency and solid performance and delivering value across the enterprise. NICE was also named One to Watch in the Enterprise Feedback Management Category.

NICE Wins 2019 CRM Service Leaders Awards for Excellence in Analytics and Workforce Optimization.

NICE won awards in the following categories:

  • Best Contact Center Analytics – NICE took the 2019 Service Leaders Award following a category-leading score of 4.3 out of 5 in depth of functionality, and 4.0 in company direction and customer satisfaction. Ian Jacobs, a principal analyst at Forrester Research, said that the company is “always a leader in the customer service world” and “has really pushed to provide value for other parts of the enterprise, including increasing cross-selling and upselling, predicting and reducing customer churn, and quickly addressing product quality issues.” Paul Stockford, president and chief analyst at Saddletree Research added that “analytics is the foundation for just about all NICE solutions,” and that its 2016 acquisition of Nexidia gave NICE a strong head start in advanced analytics. “NICE is setting the standard for analytics in the contact center,” he said.
  • Best Workforce Optimization (WFO) – NICE clinched this accolade for the second year by receiving the top score for depth of functionality and ranking high in company direction and customer satisfaction. “With a foundation in analytics for all its solutions, including WFO, NICE is poised to redefine efficient WFO in the future while offering a solid-performing WFO solution today,” Paul Stockford, president and chief analyst at Saddletree Research said. Ian Jacobs, a principal analyst at Forrester Research points out that the company’s “move to consolidate routing and WFO into a single offer has really paid off.”

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“We are delighted to be awarded with these CRM Services Leaders Awards again this year,” said Barry Cooper, President of the Enterprise Group, NICE. “These accolades are a testament to the cutting-edge innovation and unique, holistic vision that drives our portfolio. This unmatched combination allows NICE to empower its customers with solutions that address the challenges of tomorrow while driving uncompromising service experiences today”.

Recipients of the CRM Service Leaders Awards are determined through a proprietary ranking system based on the scores given by leading industry analysts and consultants for each vendor’s deployment costs, customer satisfaction, depth of functionality (or breadth of services, in the case of outsourcing), and company direction. Company financial data is also taken into consideration to determine the winners.

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NICE Nexidia delivers unique analytics-based insights that optimize the potential of better customer experience, increased loyalty, lower costs, improved sales effectiveness and more in every interaction. Nexidia Analytics provides the capabilities and experience to uncover insights that drive our Fortune 100 customers to differentiate and compete successfully among the best in class.

NICE solutions for Workforce Optimization empower employees with insights that make them stakeholders in the organization’s success. With NICE employees can directly impact the company’s performance and their career path, as well as influence their schedule and other contact center processes. The result is better customer experience at a lower cost.

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Consumers Report Small Businesses Excel at Customer Experience, New 8×8 Research Finds

8×8’s consumer survey ahead of Small Business Week finds that small businesses consistently outpace larger competitors in customer experience

8×8, Inc., a leading cloud provider of voice, video, chat and contact center solutions for one million users worldwide, announced the findings of its latest survey which explores the relationship between consumers and small businesses and the impact on customer experiences. Polling 1,000 consumers in the United States ages 18 and above, the survey found small businesses are still competitive in the digital economy, with over half (53 percent) reporting they patron small businesses at least several times a month, if not more. The findings were released to time with the United States National Small Business Week, May 5-11, 2019.

In survey of 1,000 US consumers sponsored by @8×8, small businesses outpace larger competitors in customer experience. #SmallBusinessWeek

Key findings of the survey include:

  • Small businesses are more likely to deliver positive customer experiences than their larger counterparts. When compared, 71 percent of consumers said they have a better experience when engaging with a small business versus large organizations. Furthermore, 80 percent would rate their experiences with small businesses overall as “good” or “very good.” Small businesses are also more likely to deliver on personalization, with only 30 percent of consumers polled stating they haven’t received the responsiveness or personalization they desire.
  • Experience continues to outweigh cost as a key differentiator. Consumers put a high premium on customer service, with 86 percent stating they’re willing to pay more for better experiences. These experiences are also more likely to have long-term benefits for small businesses, with 57 percent of consumers stating they’re more likely to leave a favorable review for a small business after a positive experience, compared to a larger brand.
  • Small businesses are held to a different standard than large brands. While consumers do think a personalized experience is important (82 percent), personalization is not necessarily expected. Nearly 60 percent of consumers polled don’t expect small businesses to know their purchase history.
  • Digital natives value customer experience, but it isn’t a deal-breaker. Nearly all millennials surveyed (94 percent) are willing to pay more for better customer service. They are, however, also the most tolerant of poor service, with the highest number (61 percent) stating they would continue to shop at a business after a poor experience compared to other generations.

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“When it comes to customer experience, relationships are everything,” said Samuel Wilson, Senior Vice President of Small Business and eCommerce at 8×8. “The digital marketplace has equalized the playing field, so standing out hinges on creating individual customer relationships. It’s an area in which small businesses have historically thrived. The greatest opportunity for small businesses, judging by the results of our study, is turning that expectation around personalization on its head. By leveraging data and analytics, tailoring every touchpoint has never been easier – small businesses need to lean into that strength.”

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“The way we look at customer service is changing because our customers themselves are changing,” said Steve Williams, President of Archoustics West, the exclusive distributor of the LogiSon Acoustic Network sound masking system in Arizona, California, Hawaii, New Mexico and Nevada. “They’re comfortable communicating across multiple channels, so it’s mission critical that we collaborate in the channels they most prefer. That accessibility can make all the difference in ensuring we’re providing the best possible experience.”

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Gartner Says Marketers Must Focus on Helping Customers in Order to Remain Competitive Today

Experts Discussed How B2B and B2C Marketers Can Drive Commercial Outcomes by Helping Customers During Gartner Marketing Symposium/Xpo

Big data and analytics allow marketers to know their target audience better than ever. However, in a world of information overload, marketers must focus campaigns on actually helping customers accomplish their objectives, according to Gartner, Inc.

Gartner expert @brentadamson explains to marketing leaders why the brands best able to help customers either do something or feel something will win customer loyalty. #GartnerMKTG #CMO #marketing

Research findings on B2C and B2B marketing, brand and corporate communications revealed during the Gartner Marketing Symposium/Xpo keynote, centered on one key theme: the brands best able to help customers either do something or feel something will win customer loyalty.

“Connecting with customers in a valuable, relevant manner is as old as marketing itself. But we’ve seen a shift recently in how, exactly, customers want to connect with brands,” said Brent Adamson, distinguished vice president at Gartner.

Brent added, “Customers find themselves lost in today’s world — sifting through overwhelming amounts of information, adjusting to rapidly changing technology, struggling with relentless economic fragility, among other polarizing issues. It’s no wonder customers are overwhelmed and worried about the decisions they are making. Because of this, they are now looking to brands for that reassurance and help in making the right decision.”

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Gartner research shows that 44% of customers worry they’ve missed a better option every time they make a purchase. To mitigate this feeling of uncertainty, brands must focus on building stronger relationships between customers and their brand by helping customers — understand their options, make a purchase, give them confidence and reassure their decision.

“Ultimately, we need to help customers build stronger, healthier, more productive relationships between themselves and their world,” added Mr. Adamson.

The theme of helping customers echoes throughout Gartner research from every industry and across every marketing function over the last year — from personalization and content marketing to improving the customer experience.

Personalization Efforts Must Focus on Helping Customers

Gartner research on personalization shows more than half of customers report they will unsubscribe from a company’s communications and 38% will stop doing business with a company if they find personalization efforts to be “creepy.”

On the other hand, that same research reveals that messaging designed to provide valuable assistance or support, while using as few data dimensions as possible, delivers the greatest commercial benefit. In fact, messages focused on helping the customer accomplish something increases the predicted impact of the commercial benefit index (e.g., brand intent, purchase, repurchase and increased cart size) by nearly 20%.

“It’s a fine needle to thread between being too inaccurate and too creepy,” added Mr. Adamson. “At the end of the day, consumers don’t just want you to show them that you know them, they want you to help them get something done.”

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B2B Content Marketing Must Help Customers Buy

Similarly, B2B buyers will also reward suppliers who make the purchase process easier. Gartner research shows that customers who receive helpful information that eases the purchase process are three times as likely to buy the bigger, more expensive option, with less regret.

B2B marketers must rethink their content marketing strategies to focus on “buyer enablement” — the provision of information and/or tools to customers that support the completion of specific buying jobs throughout the purchase process. This content must help to guide customers through critical buying tasks, geared toward overcoming challenges they encounter throughout the buying process. “Bottom line, we get paid when we help buyers buy,” said Mr. Adamson.

Customer Experience Efforts Must Help Reassure Customers

The concept of helping customers also emerges in how brands improve customer experience (CX). When looking at the CX investments most likely to positively impact customer loyalty and build long-term relationships — from improving service rep skills to faster response times and website design — Gartner research finds that while customers will punish brands for underperformance, they are highly unlikely to reward brands for exceptional performance. Instead, when customers feel a sense of self-affirmation, they are more likely to reward the brand that generated that feeling.

“Suppliers and brands win the battle for long-term customer loyalty not so much by changing the way customers perceive their company, but by materially impacting the way that customers perceive themselves,” explained Mr. Adamson. “It’s an indirect result of brands helping customers to feel differently about themselves, first, and only through that difference feel differently about the brand, second.”

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Brand Initiatives Must Help Customers Feel Good

Lastly, when looking at the potential value of a brand connection, Gartner research reveals that the common approach of “shared values” has little impact on the brand connection for customers. Instead, irrespective of what a brand believes, customers are three times more likely to feel a strong brand connection when they perceive that brand to deliver a range of personal benefits — how a brand helps them achieve their goals, present themselves to others or feel about themselves.

“Strong brand connections are less about whether or not the brand presents itself in a way that is consistent with customer values, and far more about whether or not the brand helps customers present themselves in a way that’s consistent with their own values,” added Mr. Adamson.

Regardless of the investments in technology, data, and analytics, marketers that don’t make helping customers an integral part of their overall strategy miss a massive opportunity to drive commercial outcomes and provide material help.

“Today is a rare magical moment for all of us in marketing were doing the right thing for consumers, for our business and, frankly, for the world are all in 100% alignment,” said Mr. Adamson.

Gartner for Marketers clients can access relevant research and insights in the reports “Rethinking Personalization for Maximum Impact,” “Rethinking Digital Customer Engagement,” “Creating a High-Impact Customer Experience Strategy” and “Winning Preference Through the Corporate Brand.”

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