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National Oilwell Varco Selects Microsoft Dynamics 365 to Enhance Sales and Service Operations

On Wednesday, National Oilwell Varco, a leading provider of technology, equipment and services to the global oil and gas industry, and Microsoft Corp. announced an agreement to collaborate on digitally enhancing NOV’s sales platform and field service operations to deliver premier experiences, including project management and drilling operations, to the oil and gas industry.

As oil and gas producers continue to push to optimize productivity and minimize downtime, NOV is leveraging Microsoft Dynamics 365 to streamline business processes, access real-time data and insights, and revolutionize field service operations with a digital, mobile-first approach. With Microsoft cloud-powered solutions, NOV is enriching legacy systems and processes to drive consistency and visibility across platforms. The goal is to increase revenue generation while reducing revenue leakage and improve service margins through greater efficiencies, higher levels of customer satisfaction, and better retention rates. Using Microsoft Dynamics 365 is enabling employees across NOV’s departments to be more adaptable, reliable and efficient.

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“At NOV, we’re passionate about delivering the highest level of customer service,” said Clay Williams, chairman, president, and CEO. “Field service is the link between our customers and manufacturing, and with Microsoft Dynamics 365 and Power BI, we’re able to better understand our customers’ needs, identify the appropriate resources for each task, and effectively address the issue, creating a seamless experience.”

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Microsoft Dynamics 365 unifies customer relationship management and enterprise resource planning solutions, allowing NOV’s sales and commercial teams to effectively identify and capture field service opportunities and service managers to better allocate jobs and resources. Field technicians can also access detailed job descriptions complete with customer information, service needs, and the equipment necessary to accurately and efficiently complete the task.

“NOV continues to invest in state-of-the-art technology and innovations to support the goal of delivering premier customer service,” said Judson Althoff, executive vice president, Worldwide Commercial Business, Microsoft. “Today, NOV is doubling down on its commitment to customers with Microsoft’s intelligent cloud and business applications by enabling customer- and data-driven insights and actions.”

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Yarden Malka Joins Optimove as Chief Operating Officer

Yarden Malka Joins the Company to Support its Next Phase of Growth

Optimove has announced that it has hired Yarden Malka as the Chief Operating Officer. In this role, Yaren Malka will lead the reshaping of Optimove’s organizational structure to accommodate the next stage of growth; enhance the company’s technology DNA; and strengthen the core departments—R&D, product and IT.

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Yarden Malka
Yarden Malka

Yaren Malka joins Optimove at a pivotal point in its journey. The company experienced record growth in 2017 with five new product features, a new CTO, and a new Tel Aviv headquarters. 2018 has also been a momentous year for Optimove so far: it acquired PowerInbox’s DynamicMail, a leader in email engagement and personalization; is expanding into the APAC region; it has already increased its customer base by 40% so far in 2018.

“I joined Optimove because it has the makings of the next martech unicorn: audacious goals; a smart customer base; and exemplary leadership,” said Yarden.

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Yarden Malka is an established leader with experience leading both startups and large companies. Prior to joining Optimove, he was the Vice President of Engineering at Earnix, which provides advanced analytics solutions for financial services. Before that, he spent 14 years in various leadership roles at Model N, a publicly traded company with the current market cap of more than $500 million that specializes in revenue management solutions. Malka helped grow the company from its inception through its public offering at NYSE.

At the time of this announcement, Pini Yakuel, founder and CEO of Optimove, said, “Optimove’s growth so far can be attributed to a small, talented and nimble group of employees, but as we enter our next stage of growth, we need someone who has implemented efficiencies at scale— Yarden has done exactly that in the Mecca of tech.”

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Pini added, “His record and know-how will help us further innovate our product for our 300+ global customers, and grow our culture for our almost 200 employees.”

Yarden Malka holds a Bachelor of Science in Computer Science from Israel Institute of Technology and will be based out of the Tel Aviv office.

A Science-first Relationship Marketing Hub, Optimove combines the art of marketing with the science of data to autonomously generate actionable insight, empowering marketers to deliver highly-effective personalized customer marketing campaigns across multiple channels.

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DigitalGenius Introduces AI-Powered Conversational Process Automation, Enabling End-to-End Customer Support Case Resolution

DigitalGenius Now Connects Conversations with Back-end Processes to Automatically Resolve Cases

DigitalGenius, the AI Platform for Customer Service, today announced the introduction of breakthrough functionality called Conversational Process Automation (CPA). It enables complete resolution of customer support cases, from an incoming customer query all the way through its resolution in a company’s back-end systems.

This powerful technology supports both the AutoPilot and CoPilot modes of the DigitalGenius AI Platform. With AutoPilot, repetitive customer queries such as refund requests, order status inquiries, and cancellations can now be resolved in full, without agent involvement, even when additional third-party systems such as billing or payment processing are part of the resolution process.

CoPilot assists human agents by suggesting answers for approval, if a case has not been resolved automatically using AutoPilot mode. CoPilot uses AI models that are trained on historical customer service data, and it learns continuously from agent behavior to get smarter over time.

DigitalGenius uses proprietary conversational process automation to both understand incoming customer service queries, and then resolve them by automating back-end processes through a robust set of APIs. This enables end-to-end case resolution of common repetitive journeys without human intervention, freeing agents to focus on higher-level conversations while dramatically lowering the costs of contact center operations.

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“In our first full week live with DigitalGenius’ AutoPilot, it was already auto-resolving close to 10% of my team’s ticket volume”, said Briana Cahn, Student Help Manager at Magoosh. “We’re now putting additional tickets on autopilot, and we expect to auto-resolve between 15-20% of my team’s volume soon.”

“Some of the most expensive and time-consuming support tickets require agents to manually access back-office systems to retrieve data and perform various actions. With conversational process automation, DigitalGenius is automating full case resolution,” said DigitalGenius Co-founder and President, Mikhail Naumov. “With this functionality we connect conversational AI with robotic process automation, creating a seamless experience between conversations and the case resolution process.”

Both AutoPilot and CoPilot modes are available in the DigitalGenius AI Platform, and are widely deployed in customer-facing enterprises all over the world. To date, the AutoPilot functionality, powered by conversational process automation, has helped contact centers auto-resolve up to 40% of their overall case volume. Meanwhile, CoPilot has driven up to 50% reduction in Average Handling Time (AHT) for customer service inquiries.

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DiscoverOrg Launches New Dataset for Companies Selling Into Operations Groups

First-of-its-Kind Offering Gives a Competitive Edge to Companies Marketing and Selling to Operations, Customer Service, Logistics, and Facilities Groups

DiscoverOrg, the world’s leading sales and marketing intelligence solution, today announced the availability of a new Operations dataset designed to fast-track the growth of technology and services companies that market and sell into operations, logistics, facilities and customer service teams. The new Operations dataset augments DiscoverOrg’s award-winning solutions for companies targeting technology, sales, marketing, human resources, finance, legal and C-suite buyers.

Corporate operations functions are the backbone of most organizations, and they are empowered now more than ever by new and emerging technology – making them one of the fastest-growing buying centers in an organization. DiscoverOrg is the first marketing and sales intelligence provider to specifically profile operations groups to this level of depth.

Specific buying centers that are profiled in the new dataset include corporate operations and strategy, supply chain, customer service, facilities management, logistics, real estate, physical security and construction.

Henry Schuck
Henry Schuck

“Operations teams are rapidly transforming; in response, there has been an explosion in technology and service providers serving their needs,” said Henry Schuck, DiscoverOrg CEO. “Our new operations dataset makes it easy for these companies to find and connect to the right decision-maker, nail their pitch and save hours of grind.”

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The new Operations dataset offers the same unrivaled depth and accuracy as DiscoverOrg’s other datasets – providing sales and marketing teams a 360-degree view of their target accounts and buyers. This includes detailed company firmographics; contact details like direct dials and verified email addresses; org charts and reporting structures; installed technologies; and buying signals like planned projects, online research behavior, funding announcements and personnel moves.

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DiscoverOrg’s award-winning intelligence platform is designed to provide all of the information and insights that sales and marketing teams need to zero in on their unique target market, prioritize target accounts and contacts based on likelihood to purchase, and provide real-time alerts that enable teams to engage the right person at exactly the right time with the right message.

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CRM Data Is Still the Numero Uno Block in Building “the Path to Sales Mastery”

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I define “Path to Sales Mastery” as a constant evolution and conscientious effort to grow and evolve daily. This includes consistent product training, practice, and coaching by leadership.

Yes, it’s true that in-store media solutions could help you connect with your customers, enhance your brand image and grow your business. However, it takes deep-stream technical knowledge and a formidable team to scale the new heights in digital advertising and sales. Jaime Bettencourt of Mood Media reveals how her company delivers a conversational platform for the customers at an unprecedented scale and more about her idea of mastering Sales strategies.

Tell us about your journey as a sales pro? How do you leverage sales technologies to stay on top of your game?

My journey actually started in the marketing department of our company — Mood Media. I launched my career with traditional marketing, brand management, product management and event planning roles and then moved into a national marketing role for the sales organization. It was there that I figured out that I could make an impact on the sales side. It felt like a natural progression and I always believed that being close to the client and being a revenue driver is the best place to be in an organization. I started managing a portfolio of Fortune 100 accounts and was responsible for both retention and growth. I loved the client strategy work and was able to marry my marketing skillset with creative and ultimately sales.

I worked my way up the organization and now run a $75 Million annual recurring business unit for Mood Media. My team includes portfolio managers as well as executives across sales, brand strategy, and business operations departments for our global client accounts.

One of my favorite sales technologies is LinkedIn and LinkedIn Navigator. It is a great tool for connecting directly with people, understanding organizational structures, the latest market trends and what’s important to individuals at the moment. I use it almost every day to stay relevant.

How do you deliver conversations at scale to your customers?

At Mood Media, we provide very personalized experiences to our clients. So delivering conversations at scale can definitely be a challenge, specifically with my sales channel. Our clients expect a solution designed to meet their individual brand objectives. We deliver at scale through a core framework and design philosophy, but we also craft a strategic and customized point-of-view for each client.

How do you define and build “The Path to Sales Mastery” using Pipeline Management and Analytics?

I define “Path to Sales Mastery” as a constant evolution and conscientious effort to grow and evolve daily. This includes consistent product training, practice, and coaching by leadership. I use pipeline management and analytics through our Oracle Sales Cloud Tool to understand product mix, sales stage, vertical industry, and year over year performance. Leveraging CRM data is a must for any successful sales leader to understand directional trends and when and where to adjust overarching strategy.

Define the ‘State of Sales Transformation’ in 2018? How do you leverage People Management resources to adapt to this transformation?

When I look at the State of Sales Transformation, I am really seeing an evolution of expectations from buyers. There are a wide range of buyer personas within an organization from marketing/brand, technology, store operations, and strategic sourcing, so my team needs to be well versed in the pain points and objectives that are top-of-mind to each of these personas. This can make large and complex enterprise sales difficult to manage and navigate.

Buyers want a consultative sales executive who brings a point-of-view, presents a solution that makes sense to their business and is someone that they want to partner with long-term. It also has to be someone they can trust, so developing rapport and mutual respect is key. My leadership team is constantly working with our team members on tactics, strategy and how to develop customized solutions.

What are your B2B sales goals and to what extent you rely on sales coaching and onboarding tools?

Our sales goals this year are to increase over 30% year over year in multiple categories – both in recurring and one-time sales. We also have a very large retention goal this year for our client base. Sales coaching occurs ongoing every day and leadership regularly attends client meetings to provide real-time training, guidance, and feedback for our teams.

As for onboarding, I am very lucky that my team is extremely tenured, and in the past several years the majority of our new hires have already had industry experience. As a result, they’ve been able to jump in pretty quickly since they already have a baseline on the industry, which just leaves learning our internal company objectives, culture, and organizational layout. Our on-boarding process is probably more informal than most and we rely heavily on team member knowledge and processes.

How should sales organizations strategize and deliver on their Contact Data and Revenue Management budget?

It’s important for companies to leverage contact data to help lead to revenue management. We keep our clients up-to-date on the latest industry trends and share case studies within their verticals and across industries to help them learn best practices for elevating the Customer Experience. We are constantly looking to bring innovative ideas to the table for our existing base of contacts.

Given the current shift in analytics and customer intelligence, what skills and knowledge do sales teams need to close deals faster?

Closing deals faster … If I had a magic wand, this would be something I would personally change for our business. Our typical sales cycle can be anywhere between six and eighteen months, sometimes longer depending on circumstances. Sales executives and portfolio managers need to have a very specific understanding and knowledge base about each prospect’s contract terms, budget, intent to purchase and the need to buy. We also must have a full view of the technology requirements and capabilities of our prospects before we can offer specific solutions.

Our products are bespoke which leads to a lot of opinions in the room. In order to be successful, we need to have command of the sales cycle and direct the prospects in a clear path to closure. Easier said than done.

What’s the most exciting part of using sales technologies and intelligence? Could humans ever match in sales what virtual assistants and call tracking analytics deliver?

Sales technology and intelligence are evolving every day making it easier to work. Baseline tools like CRM, Customer Data/Analytics and Preferences, Account-Based Marketing tools, etc. will always be improving. But I also think there is undeniable value in the human touch, especially for highly customized media solutions. A face-to-face meeting and an old-fashioned call still go a long way in furthering a relationship.

Thank you, Jaime, for chatting with us on Pipeline Management and Analytics!

TeamSupport Secures Significant Growth Investment from Level Equity

Investment to accelerate growth and expansion of leading B2B customer support software

TeamSupport, the industry’s top B2B (business to business) customer support software solution, announced it has obtained a significant growth investment from Level Equity. The investment will enable the company to accelerate the expansion of its technology, customer success, sales, and marketing initiatives.

The funding comes at a perfect time, as Gartner recently announced that Customer Relationship Management (CRM), which includes Sales, Marketing, Customer Support and Customer Success, was the largest software market in 2017. Gartner also predicts CRM will continue to be the fastest growing software market through 2018 and beyond.

Robert C. Johnson
Robert C. Johnson

“Customer support is a critical piece of business success, and our unique focus on the needs of B2B organizations has been extremely well received in the market,” said Robert C. Johnson, CEO and Co-Founder of TeamSupport. “We have seen tremendous growth over the past several years and as a result have had a great deal of interest in our business. We took a very strategic approach to our decision to bring on an investment partner that would share our vision and help accelerate our growth in this rapidly expanding market. Level’s investment enhances our commitment to providing the best customer success platform for B2B and we’re excited to continue building and expanding our distinctive solution.”

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Founded in 2009 to address the unique pain points facing B2B technology support teams, TeamSupport grew organically for several years before raising a modest Series A investment round in 2014. As expected, this funding helped the company grow to become one of the industry’s leading customer support software suites, making a name for themselves among industry competitors like Zendesk, Freshdesk and Salesforce Service Cloud in the rapidly growing customer support software market.

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Sarah Sommer
Sarah Sommer

“We’re excited to partner with Robert and the rest of the management team at TeamSupport to accelerate their growth,” said Sarah Sommer, Partner at Level Equity.  “The customer support and success marketplaces are expanding rapidly, and TeamSupport is uniquely positioned to become a dominant player in the space.”

The company has realized many accomplishments over the years and introduced innovative features that are especially valued in B2B including a Visual Support suite, best-in-class Service Level Agreement (SLA) function, and most recently the addition of IBM Watson-powered Sentiment Analysis.

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Meet ReloQuest’s Newest Rainmaker!

An accomplished Corporate Housing business development professional, Kim Schimenek brings over 20 years of sales and hospitality experience which will serve her well in her new position as Executive Vice President of Business Development at ReloQuest Inc.

In her previous role, Kim Schimenek developed a key Strategic Accounts division and managed a very successful team responsible for sales growth and partnerships within the corporate housing and relocation industry.

Executive VP ReloQuest Inc., Kim Schimenek, kschimenek@reloquest.com
Executive VP ReloQuest Inc., Kim Schimenek, kschimenek@reloquest.com

Kim is a passionate leader that believes in conducting business with core values and leading with integrity. Her can do/will do attitude, acute business acumen and her contributions earned her the award for “Individual Professional of the Year” from the Corporate Housing Providers Association. Furthermore, Kim was voted into the CHPA Board of Directors by her peers for her outstanding reputation and industry accomplishments.

“When the opportunity to join ReloQuest presented itself I saw a once in a lifetime chance to be a part of a revolutionary business solution. I have known and very much respected Darin Karp and Jeff Mahoney for the last 18 years which reinforced my career move. This opportunity allows for me to stay within the industry I love and adore, apply what I’ve learned through the years, and be a part of new innovative business solutions. I’m looking forward to growing a world-class sales team and contributing to ReloQuest’s continued game-changing success.”

Creativity is integral to solving complex problems, facilitating innovation, and driving growth within an organization. With extensive business development and management experience, Kim will help ReloQuest grow a world-class dynamic salesforce, to achieve and exceed sales and revenue goals. Kim’s ability to cultivate and support new client relationships, combined with her success in development strategies will provide valuable direction for ReloQuest’s business development team.

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Darin Karp, ReloQuest Founder, and CEO stated, “Innovation is not only about creating new products, but it’s also about listening to clients’ needs and identifying multiple solutions. With Kim’s successful track record, leaderships skills and her unwavering commitment to excellence, we are thrilled to have her join the ReloQuest Dream Team. Kim brings a genuine concern for both her clients and colleagues success. We are confident she will drive exponential growth.”

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Xpressdocs Names Jim Wright as New CEO

Growth in Technology, Print, and Digital Continues with Xpressdocs Leadership

Xpressdocs, a leading provider of on-demand marketing solutions, announced today the appointment of Jim Wright as their new Chief Executive Officer. Wright assumed responsibility in June 2018, succeeding Eric Chandler.

Wright brings significant marketing experience and technology expertise to Xpressdocs, most recently in his role as Vice President of Naked Lime Marketing, a digital marketing agency serving the automotive industry. Wright oversaw product growth, client fulfillment and operations of Naked Lime’s core marketing services. He successfully provided automotive dealerships with a more effective marketing strategy built on consistent, targeted digital communication to generate leads and improve customer retention.

Darrin Rayner
Darrin Rayner

“Bringing Jim Wright’s experience to Xpressdocs is integral to the support and growth of our digital offerings for customers,” said Darrin Rayner, Executive Vice President of Xpressdocs. “We are focused on developing world-class solutions that give our clients the competitive edge. The combination of Jim’s digital marketing experience and Xpressdocs’ print-on-demand platform technology will boost our integrated cross-media platform strategy.”

“Xpressdocs is a growing company and I’m excited about the opportunity to become part of this team,” said Wright. “My role is to ensure that every customer has a positive and successful interaction with Xpressdocs, whether it be while using the platform, interacting with our contact center or receiving the final product. We will continue to evolve with our clients, focusing on innovation that makes it simple, effective and convenient to procure branded marketing materials and execute comprehensive marketing strategies.”

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Wright has a B.B.A. in accounting from Texas A&M University. He comes to Xpressdocs with over 30 years’ experience within the sports management, insurance and automotive industries, largely in leadership roles overseeing sales, business operations, account growth and management, and customer service.

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Xpressdocs is a leading provider of brand management and direct marketing solutions for enterprises and franchises across a variety of industries, including real estate, professional services and healthcare. Xpressdocs’ platform enables users to customize and order products and services from print and email marketing materials to social media and mobile ads.

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Digital Media Solutions Acquires Digital Performance Advertising Network W4

Acquisition brings extensive online ad distribution strength to clients with W4’s broad reach and proprietary technology stack

Digital Media Solutions, LLC (DMS), an industry leader in the world of customer acquisition and retention that helps clients maximize their digital marketing to beat the competition and accelerate growth, announced that it has acquired W4 Performance Ad Market (W4). W4 helps advertisers acquire new customers while enabling digital media publishers to monetize traffic on a results-based, cost-per-action (CPA) basis. In addition to a robust technology platform created to manage, track and optimize online response-based campaigns, W4 offers one of the broadest mixes of performance-based online advertising campaigns for brands including AARP, ADT, Aetna, American Standard, Anderson Windows, Choice Home Warranty, Credit Sesame, DISH Network, Fidelity, Loan Depot, McAfee, Microsoft, Netflix, Symantec and Terminix. Acquiring W4 gains DMS newly expanded distribution across a multitude of online channels, allowing the company to control hundreds of millions in online advertising spend.

Joe Marinucci
Joe Marinucci

“W4 has an incredibly talented team deploying impressive, proprietary advertising technology to deliver billions of clicks and millions of consumers through an expansive network of online publishers and digital channels,” said Joe Marinucci, CEO of Digital Media Solutions. “This is a game-changer acquisition for us. DMS and W4 will now create more opportunities to drive high-volume marketing results, as part of our strategic plan to strengthen our performance advertising offerings to clients and publishers across the internet.”

W4’s Santa Monica, Calif. headquarters will continue to operate independently, with all current employees, and will create additional jobs as part of DMS, expanding both its technology and sales teams.

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“This transaction confirms W4’s leadership position, and joining forces with a company like DMS provides a perfect opportunity to expand our publisher network with the full deployment of our proprietary platform,” said Jason Durant Walker, Co-Founder and CEO of W4 Performance Ad Market. “We’ve got the most experience in the business, and our technology brings everything we know to the table, benefiting all W4 advertisers and publishers, as well as all DMS business units going forward.”

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According to the IAB, digital advertising spending grew 21% to $88 billion in 2017, while TV and print advertising continued to decline. DMS and W4 are now poised to take greater advantage of the growing digital advertising marketplace through the integration of core technologies and consolidation of services for advertisers across online advertising channels.

DMS continues its rapid growth trajectory and has been recognized on the Inc. 5000 list of the fastest-growing private companies in America for the past four years in a row. Since its inception, DMS has evolved into a full-service online advertising provider that combines performance marketing, digital agency services and marketing technology allowing clients to meticulously target and acquire the right customers.

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