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Subtle Changes to Marketing Language Have Significant Impact on Campaign Performance, Persado Analysis Finds

Differences in engagement can reach as much as 400 percent between top and bottom performing marketing messages

Persado, the leader in using AI to generate the best-performing marketing creative harnessing the power of words, released findings of its inaugural report, “The Write Stuff: How CMOs Can Use AI to Develop Data-Driven Marketing Creative,” on stage at Shoptalk 2019. At a time when retail marketers must leverage science instead of guesswork to craft digital marketing creative that stands out from the noise, this first-of-its-kind analysis explores how and why language impacts the performance of marketing campaigns across industries and channels.

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Persado examined more than 8.3 million marketing messages across four key industries (retail & e-commerce, financial services, technology and travel & hospitality), which reached a combined 2.4 billion customers through six marketing channels (web pages, social media, display ads, SMS, email and push notifications). The results show that subtle shifts in marketing language can have a dramatic impact on brand engagement and revenue performance, with differences between the best and worst performing messages totaling as much as 400 percent. In retail and e-commerce campaigns, for example, some words used to describe products, services, discounts and offers increase engagement more so than others:

  • Consumers are more likely to engage with messages that vaguely convey product pricing (“get it for less”) compared to messages that call out specific prices (“get it for $25”). Additionally, using the word “complimentary” instead of “free” can increase engagement by as much as 21 percent.
  • When encouraging consumers to act quickly, messages about limited quantities (“while supplies last”) are more effective than those about limited time (“before it expires”). However, phrases like “ends today” can generate as much as 49 percent more engagement than “online exclusive.”
  • When sharing promotions with consumers, quantitative offers (“discount”) perform better than words about qualitative offers (“deal”). Further, using percentages (“45% discount”) drives on average 23 percent more engagement than specific dollar amounts (“over $100 savings”).

Assaf Baciu, Persado Co-Founder and SVP of Product & Engineering, introduced these findings during a 2019 Shoptalk session on using artificial intelligence to understand human emotion, expressing that retail marketers can leverage data-powered technology to drive revenue and connect with customers.

“In an era of data-driven decision making, the expectation of retail marketing teams to deliver positive ROI on every campaign is rising to new heights. Forward-thinking CMOs know they must make their marketing creative as accountable as every other aspect of the businesses they serve,” said Baciu. “Persado’s analysis demonstrates the deep level of quantitative and qualitative language insights marketers need to confidently craft campaign creative in today’s ecosystem.”

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Additionally, the report explores how much each of the six dimensions of a marketing message, including emotion, description, formatting, positioning, and call-to-action, contribute to overall campaign performance, as well as how those trends change across channels. Key findings include:

  • Language prompting a call-to-action is the most influential factor contributing to campaign performance on email bodies (40 percent), display (32 percent), and web pages and banners (48 percent). However, it is the least influential factor contributing to performance on email subject lines (8 percent), with other elements like emotional language (57 percent) inspiring consumers to engage instead.
  • Descriptive language about products, services, discounts and offers has the greatest effect on SMS campaign performance (35 percent). This language also significantly consistently contributes to campaign performance on email subject lines (24 percent), display (20 percent), email bodies (17 percent) and Facebook (17 percent), suggesting that marketers can quickly increase campaign performance by pinpointing the descriptive language most likely to resonate with their audiences.
  • Formatting contributes to nearly half (44 percent) of the performance of ads on Facebook, and emotion contributes to another 40 percent. Stylistic elements like emojis, symbols and imagery, combined with emotional language, together can help catch the consumer eye in an increasingly crowded newsfeed.

This analysis comes in the wake of the company’s launch of Descriptive Insights, the latest addition to Persado’s comprehensive suite of marketing analytics capabilities. With Descriptive Insights, Persado gives customers unmatched knowledge of how specific words and phrases related to product classifications, promotions, offers and services influence marketing campaign engagement.

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CCG Analytics Launches Customer Intelligence for Retail

CCG Analytics (CCG) has launched Customer Intelligence (CI) for Retail, an analytics platform designed to help mid-market retailers improve customer acquisition and retention, uncover business insights and extend reliable customer data throughout the entire organization. Early adoption of the solution by vineyard vines netted the American clothing and accessory retailer a more than 150 percent return on investment in the first year of utilization through more personalized campaign development and a better understanding of customer buying behaviors.

CI for Retail consolidates and analyzes data from all marketing applications, operational systems and third-party software for access to a complete view of customer buying behaviors, preferences and interactions. Developed for marketers but serving as a foundation for enterprise-wide initiatives, CI for Retail replaces disparate customer data and best-guess targeting with a single, unified platform offering real-time analytics, dashboards, self-service reporting and machine learning. Built on Microsoft cloud technologies, Azure Data Warehouse is at the center of the platform, and Power BI provides front-end reporting and advanced data visualizations.

vineyard vines, whose brand was built on putting the customer first and an “Every day should feel this good” philosophy, needed advanced analytics capabilities to support the same level of sincere, personal service that molded their business 20 years ago. CI for Retail was implemented to help the vineyard vines marketing team better visualize and understand their rapidly growing customer base, optimize their omnichannel strategy, and ensure customer data was easy for all departments in the organization to access, interpret and act on.

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Through transactional and demographic append data, vineyard vines was able to identify a large audience of women purchasing men’s and/or children’s products but not purchasing for themselves. To increase this segment’s customer lifetime value through cross-department shopping, the marketing team deployed a targeted women’s editorial mailer with an offer valid exclusively on women’s products. The campaign drove approximately 46% more per mailed piece than the 2018 average, led to the deployment of an additional send in H2 of 2018, and served as a springboard for testing similar strategies for other customer segments.

“This is illustrative of what can be discovered by opening up visibility into consumer behavior,” said Chris Fitzpatrick, vice president of business analytics and strategy at vineyard vines. “The ability to unlock a more granular understanding of vineyard vines customers and support more personalized campaign development represented an ROI of over 150 percent in the first year of the platform being operationalized.”

vineyard vines also leveraged CI for Retail to drive coveted holiday sales. “We were retaining existing customers very well, but during the 2018 holiday season we noticed a dip in customer acquisition rates,” said Fitzpatrick. “We were quickly able to act off this information and implement two credit card acquisition partnerships that targeted our best potential customers, resulting in a very successful holiday period.”

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CI for Retail is helping vineyard vines drive additional revenue opportunities across real estate, e-commerce and merchandising functions. The platform has enabled the retailer to accurately measure the incremental value of new brick and mortar stores against their overall business, develop a website personalization strategy to increase online sales, and better understand buyer demographics.

“It’s very difficult to keep pace with today’s discerning omnichannel customer, given the numerous touchpoints and vehicles retailers must use to attract and retain their most valuable customers,” said Dan Rodriguez, chief product and strategy officer for CCG. “Retailers need a solution that can quickly adapt to market fluctuations and continuously evolve with the business. CI for Retail’s SaaS-based platform supports this agility in a way that traditional on-premise solutions can’t. We developed CI for Retail for innovative retailers like vineyard vines who want to gain greater visibility into the entire customer journey and provide truly customer-centric experiences.”

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YCD Wins First Prize at Digital Signage Awards With Amazon’s Understory at the Spheres Project and Selected Finalist at APEX Awards With The Amazon Project

YCD Multimedia, the leading global provider of advanced digital signage solution announced the company winning of the prestigious Digital Signage award in corporate communications category, as well as selected as a finalist at the APEX awards in Experiential category.

Both awards are given to outstanding digital signage projects, chosen by an independent panel of industry professionals. The winners at APEX awards will be announced during DSE2019 show on 27 March 2019 in Las Vegas.

Understory at The Spheres is the latest addition to Amazon’s downtown Seattle headquarters. The complex opened in early 2018 to Amazon employees and limited public access.

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YCD’s Cnario suite enables the massive size digital canvas as a visual storytelling, curated across a series of LED columns arranged in a semi-circle around the audience with voice over for the various shows.

“Because of the unique qualities of the content we created, it was critical to gracefully integrate the digital with the physical elements of the space. While there’s certainly a great deal of video processing and rendering happening behind the scenes, we also needed the media content presentation to feel effortless and soothing to the visitor,” said Gabe Kean, founder of Belle & Wissell, who designed the project.

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“As we embark on the 20th anniversary of YCD, we are honored to accept these awards and see that when innovation meets creativity, the result is a powerful experiential space. Together with our partner Whitlock, we provided the solution and tools to support Belle & Wiselle’s creative vision and execution. We are very grateful for AMAZON as a customer and dedicate this award first and foremost to them,” said Sam Losar, YCD CEO.

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Nuance Recognized as Leader in Intelligent Customer Engagement at 13th Annual Stevie Awards for Sales & Customer Service

Conversational AI technology and enterprise customer deployments credited for market innovation and ROI

Nuance Communications, Inc. announced its products and customer deployments were recognized for innovation and excellence at the 2019 Stevie Awards for Sales & Customer Service. Taking home several awards, Nuance, the pioneer and leader in conversational AI, reinforced its unparalleled expertise in delivering customer solutions that meet the needs of today’s enterprises, and drive impactful return on investment.

Nuance and its customers were honored with the following 2019 Stevie Awards for Sales & Customer Service at the February 22nd gala held in Las Vegas, Nevada:

Nuance and Esurance – Gold, Award for Innovation in Customer Service, Financial Services.
Esurance turned to Nuance to help it drive its customer support and customer acquisition via the Nuance Customer Engagement Platform, which seamlessly combines automated and human-assisted engagements in digital channels. After deployment, live chat generated incremental revenue of $4.4 million in Q3 FY18 and live chat customer satisfaction of 86%+.

Nuance and RBS Group – Silver, Best Return on Customer Service Investment.
RBS Group, which serves 19 million customers across 12 brands, has been working with Nuance to further enhance existing security systems to help mitigate fraudulent activities aimed at its call center, an important customer service channel for the bank. In less than a year’s time, RBS has used the system to screen 18 million inbound calls and the system has helped detect thousands of suspicious calls, matching them to known fraudsters’ voices with a high degree of accuracy.

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Nuance Security Suite – Silver, Contact Center Solution New Version.
Nuance’s state-of-the-art biometric security solution for fraud prevention and authentication leverages third generation deep neural networks (DNNs) and advanced AI algorithms to detect anomalies in an interaction. By deploying the solution, enterprises see huge savings by curbing fraud, decreasing call times and increasing customer satisfaction.

The Modern Voice: Nuance’s AI-powered Engine for Conversational Dialog – Silver, New Contact Center Solution.
The Modern Voice experience combines AI‑powered, enterprise-grade speech technologies to enable automated, intelligent, contextual conversations that feel almost human. Foundational to Nuance’s Customer Engagement Platform, the Modern Voice leverages deep neural networks and advanced language science, enabling brands to rapidly design, develop and deploy speech-enabled applications.

Nuance, A5 and Oi – Bronze, IVR or Web Solution, New Version.
Oi tapped Nuance Conversational IVR to improve customer satisfaction rates and comply with government regulations, offering an option to reach an operator/agent for every call in the first menu. After deploying with Nuance, Oi was able to quickly understand what customers were looking for as soon as they called in and get them to the right person, reducing call misrouting by 20% and increasing the automation rate by 50%, all while improving customer satisfaction.

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“All of the Stevie Award winners should be very proud of their achievements. Independent professionals around the world have agreed that their accomplishments are worthy of public recognition,” said Stevie Awards President and founder, Michael Gallagher.

“No matter the industry, impeccable customer care is at the heart of every successful company,” said Robert Weideman, executive vice president and general manager, Enterprise Division, Nuance. “Our valued customers who have set the gold standard in implementing our AI solutions, have achieved this and so much more—and in doing so, shine a spotlight on the power of our technology. We are proud to be recognized for our approach to innovation and customer ROI.”

The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals. More than 2,700 nominations from organizations of all sizes, in virtually every industry, in 45 nations were evaluated in this year’s competition. Finalists were determined by the average scores of more than 150 professionals worldwide in seven specialized judging committees.

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Codewise Launches Voluum Entry Subscription Plan, Integrated with Industry-First Offers Marketplace

Adtech industry innovators provide a perfect solution for digital marketers who seek a one-stop platform to easily find new offers to promote and cost-efficiently track and optimize ad campaigns

Codewise, the industry’s first provider of AI-powered online ad measurement and management solutions for digital marketers, recognized by the Financial Times as one of the fastest-growing companies in Europe in 2017 and 2018, introduced a brand new Voluum subscription Entry Plan and the industry’s first marketplace for advertising offers fully integrated with ad measurement and management functionalities.

The new Entry Plan gives digital marketers access to the industry-leading ad tracker and optimizer for just $69 dollars a month, or $49 dollars a month with an annual contract.

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The Entry Plan, conceived to cost-efficiently serve essential ad management needs, complements the existing Basic ($224/month) and Advanced ($449/month) Voluum subscription plans which provide more advanced features, such as:

  • Traffic Distribution AI, which allows users to analyze the performance of offers, landing pages and paths in real time and automatically redistribute traffic for the best ROI.
  • Anti-Fraud Kit, which allows users to easily identify bot traffic in ad campaigns and helps to block it.
  • Custom Notifications, which allows users to set and receive alerts for important campaign events on both desktop and mobile.

In addition to the extremely competitive pricing, the new Entry Plan offers Voluum users unmatched reliability, with no server downtime since 2015, and speed, with the industry’s fastest redirects of just 5 ms. Moreover, a cloud-based system guarantees easy setup and assures higher data safety, compared to self-hosted solutions.

The new Voluum Entry Plan allows marketers to benefit from a wide range of features and functionalities that are not available in most competitive solutions. Among them, performance marketers and agencies will find the following:

  • A dedicated tracking domain with an SSL certificate, which can considerably increase ad conversion rates
  • Voluum Mobile App, allowing to track ads on the go, alerting the user about important campaign or account changes
  • Offers Marketplace

Offers Marketplace, available now to all Voluum customers, allows users to find, filter, and compare exclusive offers from selected top affiliate networks inside their Voluum accounts. The Offers Marketplace also enables marketers to apply for the best offers and easily add them to the tracker. This results in a much quicker and smoother workflow in one place, with no need to leave the Voluum ad tracking platform.

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To facilitate a fast, effortless start, Codewise will extend its highly praised Customer Care services to Entry Plan clients, through full support to migration from competitive solutions and through group onboarding sessions, live webinars, and 24/7 chat management.

“The new Entry Plan is our answer to the industry’s call. We have been listening to our clients’ and the community’s feedback and realized that the needs of performance marketers and agencies are diverse,” said Dr. John Malatesta, CEO and President of Codewise. “Some marketers require advanced features to solve more complex ad management tasks, and Voluum will always be there for them. But others just want a fast, reliable and easy-to-use ad tracker for essential needs and at a lower price. And that’s exactly what we’re giving them today with the Entry Plan.”

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Mitel Announces 2019 International Partner Awards Winners

Awards granted to honour highest-achieving channel partners of the last year

Mitel, a global leader in business communications, announced the winners of its annual International Partner Awards. The 10 recipients of this year’s awards demonstrated outstanding performance across Mitel’s international regions.

The awards were announced at the company’s flagship international event, Mitel Next, in London today. Award winners included:

  • Top Services Partner – 4Sight Communications, UK
  • Top International Partner – Damovo Group, Germany

Vertical

  • Top Healthcare Partner – Orange Business Services, France
  • Top Retail Partner – arxes-tolina GmBH, Germany
  • Top Hospitality & Entertainment Partner – Charterhouse Voice and Data, UK
  • Top Government Partner – Azentro, Australia

Technological

  • Top Cloud Partner – Maintel, UK
  • Top Migration to the Cloud Partner – SPIE ICS, France
  • Top Collaboration Partner – Kapsch, Austria
  • Top Contact Center Partner – Tele2 Sverige AB, Sweden

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“Last year, Mitel focused on evolving its channel go-to-market strategy, delivering program and process improvements that enable partners to help customers along their digital transformation journey and provide best-in-class value,” said Jeremy Butt, Senior Vice President, International at Mitel. “2018 was a year of outstanding achievement and these awards recognize the partners whose dedication and contributions helped drive our continued success together.”

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Important Facts

  • Mitel ranks as the leading supplier of business communications systems in Western Europe and among the top three brands in North America (source: MZA).
  • Mitel powers 4.5 million cloud seats and 1.3 million UCaaS seats.
  • Mitel is the only brand recognized across the Gartner Magic Quadrants for Contact Center, Unified Communications and Unified Communications as a Service.

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SalesTech Interview with Ryan MacInnis, Director of Marketing at Notarize

Tell us about your journey into Sales and Marketing. What galvanized you to join Notarize?

I started my career as a sports journalist with the Boston Globe and found that marketing was this incredible opportunity to take great storytelling and blend it with a bit of psychology to get a buyer, investor or potential employee to “do” something. Notarize presented the biggest challenge, and biggest opportunity of my career.

What’s the most exciting part about leading Sales and Marketing teams into the contract and e-signature ecosystem?

We have the opportunity to shape how industries operate forever. Notaries are one of the longest-standing public servant roles, and at their core, they’re objective third parties witnessing life’s most important transactions — from buying a home to adopting a child. The most exciting part of my job is working with people who are making technology more accessible, and building products that will be the foundation for how we deliver trust in the 21st century.

Tell us about your technology and products.

We have mobile apps and a web experience that lets anyone sign and notarize documents from around the world. We’ve had home buyers close on their house from the Grand Canyon from an iPad, and documents notarized from the Amazon Rain Forest. Our technology works wherever there is an internet connection, and we’ve built our stack and product offering to truly support a 24/7 model of providing access on a global scale.

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What tools does Notarize leverage to channelize their Sales campaigns?

Our Sales and Marketing stack is super lean. We pride ourselves on investing in SEO, PR, partner content and other means of no-cost lead gen. To support our inbound efforts, we leverage marketing tools such as Drift, Clearbit and HubSpot, and our sales team uses Salesforce.

Specific to your product, what hurdles do you face in your Sales and Marketing endeavors? Technologically, what would you like to add to resolve these hurdles? 

The biggest hurdles we face as a Sales and Marketing organization is time. We know that we have a 12-18 month window to capture and transform a market, and create a category that helps Notarize stand the test of time. Right now, that’s about doubling leads month over month, optimizing our sales process, and driving more network virality as a result of all the “firsts” that come with the innovation we’re creating.

Is AI just a buzzword in Sales Technology or do you think it will make a difference in increasing sales/prospects? 

I think it’s become a buzzword over the last three years because people have used it in place of a process or phrase they can’t explain. “We use AI to do something” could very well be “We use data points that come in through form submissions such as location, time of day, and others to re-offer content based on hyper-specific properties”. I think as more companies can demonstrate its impact and make it super easy to understand, we’ll see an increase in sales.

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Which industry leaders specific to Sales Technology do you follow and interact with most often?

I tend to follow sales leaders in highly regulated industries, or where there are major processes that haven’t been innovated upon for tens of years. Selfishly, it’s because I want to learn from the best as we grow at Notarize, but also I think there’s a certain level of education, stamina and effectiveness that need to occur to be successful in a Uber or Airbnb-like company.

How do you see Notarize’s products enhancing commercialization for the industries it sells to? 

We’re making businesses more efficient. More than 1.25 billion documents are notarized each year, and we think that just scratches the surface in terms of the impact we can have. That $30+ billion market opportunity alone helps private wealth management firms, auto insurance, the real estate industry and many others save thousands of dollars in process time, and thousands more inefficiencies gained in customer experience. If you take the process of getting thousands of documents signed and notarized and bring that exclusively online, managed from one place, that’s actually driving massive growth for those companies.

With social mediums growing into formidable B2B communication models, do you see sales teams surviving without these?

For over a hundred years, mediums have changed. It was first that you would trust a local salesperson or a referral from friends and family. Then, it was personalization coupled with fantastic direct advertising via TV, radio and physical mail. In the age of the internet, we’ve digitized this entire process to introduce the age of the all-knowing consumer, where most of the research and buying journey happens before even speaking with a sales rep.

Without social mediums, sales teams would definitely survive. The main trend that’s constant over the course of 100 years is people. Technology changes, but what drives decision-making hasn’t. Sales teams would still need to tell great stories, understand the pain points and context to which a buyer may be interested, and know what levers they can pull to get a deal done.

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Which events and webinars do you most occasionally attend and why?

Since I started my professional career as a journalist, I definitely gravitate towards conferences that are rooted in storytelling. These conferences could be tech conferences, AdAge, or strictly for B2B marketers focusing on brand and content. Not only are these great for tactical advice, but are super helpful in understanding the full journey of building a brand that stands the test of time.

Please tag a person from the industry whose answers you would like to read here: 

Tom Wentworth, CMO, RapidMiner.

Thank You, Ryan, for answering all our questions. We hope to see you again, soon.

notarize_LogoNotarize, the first online notary platform, allows any person or business to legally notarize a document online, anytime. Simply download the app or register online, prove your identity, fill out your document, and sign before a live agent to have it legally notarized instantly.

Ryan is a data-driven marketer who started his career as a journalist, writing for the Boston Globe. Today, he is the Director of Marketing at Notarize, and serves as a New Venture Fellow and Entrepreneur in Residence at UMass Lowell, helping evaluate, advise and invest in world-class entrepreneurs.

Appian Unveils Latest Version of the Appian Platform

Latest Upgrades Allow Customers to Easily Build No-code Integrations, Auto-generate User Interfaces, Leverage Robotic Process Automation and Deliver Offline Mobile Interfaces

Appian announced the next release of its low-code platform, making it easier than ever to build powerful enterprise applications up to 20x faster. The new version accelerates development and expands low-code/no-code platform capabilities in a number of key areas, including integration, robotic process automation (RPA), interface design, enterprise mobility, and customer engagement.

“Organizations want to spend less time configuring and integrating data so they can accelerate delivery of applications that enhance customer experience and improve operational performance,” said Malcolm Ross, VP of Product at Appian. “Our new release is a milestone that firmly brings integration and RPA into the world of low-code/no-code development and expands Appian’s mission to simplify the creation of powerful applications.”

The new version accelerates the integration of 3rd-party systems and data through Appian’s new Integration Software Development Kit (SDK), allowing for easy creation of no-code integrations plug-ins by Appian customers and partners. Using this new framework, Appian RPA with Blue Prism now features no-code integration to easily incorporate a digital workforce of robots into Appian.

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“We are delighted to be working with Appian to drive the adoption of intelligent automation,” said Linda Dotts, SVP Global Partner Strategy and Programs for Blue Prism. “Appian RPA with Blue Prism now makes it very easy for anyone using Appian to incorporate digital workers (i.e. software robots) into their business processes or applications. Just a few clicks and you are all set. It’s brilliant!”

In addition, this release expands Appian’s patented SAIL (Self-Assembling Interface Layer) framework, allowing interfaces to be intelligently generated from a data model. This accelerates the creation of user interfaces in Appian with a true no-code experience that automatically builds interfaces directly from customer data.  Application designers can then immediately use that interface or apply it as the starting point for user interface refinement.

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Expanding on this, this release allows application designers to make these interfaces available offline on mobile devices with a single click. Appian’s enhanced offline mobile capabilities are now available for tasks and securely cache data, images and content for offline processing for field service work. Once back “online,” these tasks are queued locally and seamlessly submitted to the server, eliminating confusion and time lags in the process.

Meeting customer expectations continues to be the top priority in the digital age. Appian now offers the Genesys PureEngage Voice Component Plug-in for the Appian Intelligent Contact Center (ICC). Customer interactions powered by PureEngage can be seamlessly embedded in the Appian platform, enabling agents to better manage phone communications. The PureEngage platform is an omnichannel customer engagement suite for global businesses to deliver world-class experiences at any scale.

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Salesforce Ventures Introduces $50 Million Australia Trailblazer Fund

New, dedicated fund will empower Australian startups to scale, invest in innovation and drive customer success

Salesforce, the global leader in CRM, announced that Salesforce Ventures, the company’s global corporate investment group, has launched the Australia Trailblazer Fund, a new $50 million fund to empower Australian startups in the Salesforce ecosystem. With this new fund, Salesforce Ventures deepens its commitment to the region by investing in local innovation and inspiring Australian entrepreneurs to create next generation technology that drives customer success across industries.

There is a phenomenal market opportunity to enable world-class startups across the country. According to Startup Muster, nearly half of Australian startups are actively trying to raise funds, and 45 percent identify as delivering Software as a Service (SaaS) products. If these startups can secure financing and scale, 25 percent of the Australian economy is likely to be directly impacted by software by 2025, which equates to $524 billion of GDP, according to StartupAUS.

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Since 2012, Salesforce Ventures has been investing in innovative startups in Australia, such as Arxxus, Autopilot, Bugcrowd, Practifi, Socialsuite and Sqware Peg.

  • Arxxus: A leading innovative and independent Salesforce services partner with a focus on APAC, Arxxus leverages a cloud-first agile delivery methodology to ensure customer success on every engagement. They specialise in industry-leading Salesforce solutions across a range of verticals including: government, real estate and Not For Profit.
  • Bugcrowd: A leading crowdsourced security company with an award-winning platform that combines actionable, contextual intelligence to help leading organizations solve security challenges, protect customers, and make the digitally connected world a safer place.
  • Sqware Peg: One of Australia’s first Salesforce partners and an established leader in advisory across all Salesforce solutions. Recently acquired by Simplus, a Platinum Salesforce Partner and a leader in Quote-to-Cash implementations, these two key portfolio companies have come together to create a multi-regional consultancy to support Salesforce customers.

Comments on the News: 
“Digital transformation is impacting businesses around the world and companies need to innovate faster and smarter to meet customer expectations today,” said John Somorjai, EVP of Corporate Development and Salesforce Ventures. “Salesforce Ventures recognises the incredible opportunity to invest in Australian entrepreneurs to create world-class startups that will grow the opportunity within the Salesforce ecosystem and deliver customer success.”

“Initiatives such as Salesforce Ventures’ new $50 million Australia Trailblazer Fund provide the valuable support and investment needed for startups to scale, employ Australians, and see their great ideas become great businesses,” said Simon Birmingham, Minister for Trade, Tourism and Investment. “I congratulate Salesforce on its commitment to Australia with the launch of this new fund, and look forward to seeing the home grown startups it supports scale and succeed at home and internationally.”

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“It fills me with pride to see Salesforce stepping up into my home country like this. The establishment of Salesforce Ventures in Australia speaks volumes of the calibre of Australian entrepreneurs, as well as their forward-looking attitude,” said Casey Ellis, Chairman, Founder & CTO of Bugcrowd. “Salesforce Ventures was an early investor in Bugcrowd, and is continuing to take to the global market. Alongside the capital, this move will deepen the availability of Salesforce’s considerable technical and partnership resources to Australian entrepreneurs, which will help fuel the process of supporting Australia’s talent and accelerate local innovations into the global market.”

“We’re excited by the opportunity to fuel Australia’s startup ecosystem. We see significant opportunity through Salesforce Ventures to help Australia’s smartest entrepreneurs and best business ideas succeed here and on the world stage,” said Miguel Milano, President, International at Salesforce.

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Driving Customer Success and Innovation with World Tour Sydney 
The unveiling of the Australia Trailblazer Fund fund kicks off Salesforce World Tour Sydney, taking place tomorrow at The Sydney International Convention Centre. The Salesforce World Tour is a global roadshow where Trailblazers share how they are using the Customer Success Platform to create connected customer experiences, learn new skills, innovate at their companies and shape the future. World Tour Sydney will see Telstra and President and Chief Product Officer Bret Taylor featured in the keynote, with specialised breakout sessions for every role and industry and live demos of cutting-edge cloud-based technologies.

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