CRM Solutions: Conditions for Development

Marina Astapchik
IT Trends Research Specialist
July 26, 2011

Today, the software for customer relations management (CRM) enjoys high public interest. With the help of the software and the strategy companies can optimize sales processes and improve customers' experience from their services. CRM solutions are especially interesting today, when most of the businesses are seeking for various ways out of the crisis. A recent study by BSI Business Systems Integration AG, carried out among 149 visitors of CRM forum in Switzerland demonstrates that the majority of the polled companies (80%) are already using professional CRM instruments, at least in some areas of activities.

However, СRM as a strategy can be viewed from two sides: on the one hand, there is a strategy, on the other — its technical implementation. According to the data of Capgemini consulting company, as part of the CRM-Barometer project, СRM activities were in decline due to the financial and economic crisis, but before the end of 2010 it will regain its pre-crisis positions and may ever outrun them. This year, only 38% of managers decided to limit their CRM activities compared to 62% in late summer of 2009The question of which topics in CRM sphere will be the most important in the next 12 months returned a surprisingly unequivocal answer — almost two out of three respondents name customer relations management the most important aspect of business success. Primary attention should be given to building relations with customers and to structuring of information about clients.

Unlike CRM activities, the information technologies that create software platforms for them experience certain difficulties. Companies are trying to save money on the standardization and automation of business processes.

According to Gartner, a prominent IT research company, businesses pay increasing attention to find new clients and the increase the sales volume, but they do not intend to invest any extra dollar in this. This year, the increase of expenses on CRM solutions will amount for 0.7% compared to 2009. The growth is small, but compared to other software market segments, CRM still shows quite good results.

According to the study of IT market in Germany, published by IDC in 2010, the small scale of growth is largely due to temporal recession in the development of IT market as a whole. Only starting with 2011, the trends will go up — the growth will be not fast but steady. Since 2011, the growth rate will rise and by 2014 it will reach 5%. Experts predict that the most prospective directions will be data security and CRM solutions.

LATEST ARTICLES

Elinext Confirms Its ISO 27001 and 9001 Certifications

We’re glad to announce that Elinext has confirmed both ISO 27001 and 9001 certifications led by PECB. By meeting the substantial criteria for these standards once again, Elinext has demonstrated its commitment to information security of clients’ sensitive data and the ability to deliver high-quality services by bringing out improvements...
READ ARTICLE

Trends That Have Defined the IoT Domain in 2018

The current year is drawing to a close, so it’s the right time to discuss the market trends which have defined the IoT domain in 2018. According to Statista, the number of devices with access to the Internet will increase to 23 billion by the end of the year. The...
READ ARTICLE

Inside a Smart Factory: New Paradigms, Difficulties and Profits

Like anything that’s new, the terms “digital manufacturing”, “Industry 4.0”, “smart factory” are often confused, but in fact, all of these concepts represent the currents of a single trend. I mean the automation of individual machines and separate processes has evolved into full integration of all elements into a single...
READ ARTICLE