Skip to main content

The Return of the Suite


The Suite is back - Photo by Jon Tyson on Unsplash
The suite is back. I have said and written that a good number of times in the past few years.
And that is a good thing (that the suite is back, not that I said it, of course), because one of the major challenges with a best of breed approach is integration.
The suite is back, but it is in an incarnation that vastly differs from what we knew about suites back in the times before cloud computing and Salesforce brought back a supremacy of best of breed over the suite.
Integrating different pieces of software from different vendors into one coherent whole is easily accounting for one third to one half of project budgets. And this part of the overall cost for implementing new software is often plaid down by best of breed vendors.
Which is not a crime, especially if the benefits of the best of breed software outweigh the cost of integration.
However.
Often it does not. And not openly addressing cost of integration backfires.
Always.
Believe me. If you research my background well enough you will find out why you should. Little hint: I am not only writing about things.
Another strong argument in favor of the suite is the platform war that is currently going on.
Why?
Simply, because a platform is not only a technical platform.
It is more. A platform consists of mainly four pieces:
·      a technical platform
·      the ability of turning data into insight,
·      an ecosystem,
·      and productivity support.
And, very importantly, a necessary capability that is provided by the technical platform is integration. Some other aspects include the provision of unified user interface an open enhancement model and solution management capabilities.
And it is here, where the suite in its new incarnation has its real strengths. The suite, as it existed back in the early days of this millennium, was built as a monolithic software stack. Just think of how a CRM solution built by SAP, Oracle, or even Siebel looked like.
Again, this is not a bad thing but simply how an integrated software suite looked like. A main reason for this was the state of technology. And it had its advantages, too. Still, it caused overhead that customers didn’t want to pay for and deployments were difficult at best and took their sweet time. Hence, powered by a new delivery model, the rise of best of breed offerings.
The new incarnation of a suite that we see right now combines the best of the two worlds. It combines best of breed and best of integration as it is based upon data and process integration via a common platform rather than code integration. Via the ecosystem it is possible for customers to get applications that support nearly all needs. The enhancement capabilities can then be used to deliver highly specific solutions.
All big vendors have used their strength to build and acquire an application suite that bases upon this platform thought: Microsoft, Oracle, Salesforce, and SAP. Unsurprisingly, they are all claiming customer experience reasons for doing so.
This rationale is right, because a customer experience that bases on consistent engagements can only be delivered if all systems operate on the same data. Silos make it virtually impossible to stay consistent.
Consequently the Big Four are engaged in a clash of Titans, which you can read about in a four piece series on this site (1, 2, 3, 4).
But the Big Four are not the only companies that are engaged in a strategy of building a business software suite based upon a single, consistent platform.
There is a small number of more SMB focused vendors that follow the same philosophy. Some of them also have the potential to disrupt the big ones on their turf by becoming good enough and offering their services at a lower price point.
Sounds familiar? This is exactly the way Salesforce started its foray into leading the CRM pack.
One of these vendors is Freshworks, a company that was originally formed as Freshdesk. It has its origins in the customer service and ITSM areas and has increased its portfolio considerably, since. The rebranding to Freshworks was a natural consequence of this scope enhancement. Freshworks has increased its functional footprint by a combination of acquisitions and own development, very similar to the big players. Similar to them the company now works on harmonizing their platform. They are doing this by first focusing on a master customer record that can be used across their products and solutions.
Another one is Zoho, which quietly evolved into a company that offers a wide range of solutions. Zoho has recently made some announcements that are pretty remarkable as they virtually mirror the messaging of the Big Four. Zoho’s sequence of announcements of November 15, 2018 covers four areas:
·      Zia, the virtual digital assistant
·      Process automation
·      Omni Channel
·      Unified analytics
All of these announcements revolve around the topic of adding high value because of the underlying platform that provides a consistent set of data.
In contrast to many other companies Zoho did not rely on acquisitions so far but implemented the vast majority of the code base itself. As a result they now probably have one of the most coherent application platforms that are offered, especially when it comes to SMB offerings.
Of course, neither of these companies is offering the same breadth and width of functionality that the big ones are offering, yet. The configuration and customizing abilities are limited.
However, if you as an SMB are looking into fast implementations of functionality in specific areas that can integrate into other enterprise software packages, it is worthwhile having a look at them. Make sure that the existing functionality fits your needs and validate that their roadmaps fit your anticipated desires – or can be made fit your needs.
There is always a tradeoff to be done. Looking at Freshworks or Zoho might just be the right one.

Comments

Last Year's Top 5 Popular Posts

SAP CRM and SAP Jam - News from CRM evolution

During CRM Evolution 2017 I had the chance of talking with Volker Hildebrand and Anthony Leaper from SAP. Volker is SAP’s Global Vice President SAP Hybris and Anthony is Senior Vice President and Sales GM - Enterprise Social Software at SAP. Topics that we covered were things CRM and collaboration, how and where SAP’s solutions are moving and, of course, the impact that the recent reshuffling in the executive board has. Starting with the latter, there is common agreement, that if at all it is positive as likely to streamline reporting lines and hence decision processes. First things first – after all I am a CRM guy. Having the distinct impression that the SAP Hybris set of solutions is going a good way I was most interested in learning from Volker about how there is going to be a CRM for S4/HANA. SAP’s new generation ERP system is growing at a good clip, and according to the Q1/2017 earnings call, now has 5,800 customers with 400 new customers in the last quarter alone. Many

How to play the long game Zoho style

The news On February 7 and 8 2024, Zoho held its annual ZohoDay conference, along with a pre-conference get together and an optional visit to SpacX’s not-too-far-away Starbase. Our guide, who went by Chief, and is probably best described as a SpaceX-paparazzi was full of facts and anecdotes, which made the visit very interesting although we couldn’t enter Starbase itself. The event was jam-packed with 125 analysts, 17 customer speakers, and of course Zoho staff for us analysts to talk to. This was a chance we took up eagerly. This time, the event took place in MacAllen, TX, instead of Austin, TX. The reason behind this is once more Zoho’s ruralization strategy, transnational localism.  Which gives also one of the main themes of the event. It was more about understanding Zoho than about individual products, although Zoho disclosed some roadmaps. More about understanding Zoho in a second.  The second main theme was customer success and testimonials. Instead of bombarding us with presenta

Reflecting on 2023 with gratitude - What caught your interest

A very happy, healthy and prosperous new year to all of you. This is also the time to review my blog and to have a look what your favourite posts of 2023 have been. With 23 posts, I admittedly have been somewhat lazy in 2023. Looking at the top ten read posts in 2023, there is a clear clustering about a few topics, none of them really surprising. There is a genuine interest in CX, ChatGPT, and vendors.  Again, this is not a surprise.  Still, there are a few surprises in the list! So, without further adoo, let’s hear the drumroll for your top five favourite posts on my blog – in ascending order. After all, some suspense cannot harm. The fifth place gets claimed by my review of ZohoDay 2022 – “ Don’t mess with Zoho – A Zohoday 2022 recap ”. Yes, you read that right. This is a 2022 post. The fourth place got claimed by another article on Zoho, almost one year younger: Zoho, how a technology company reimagines business software . It is a reflection on the Zoholics 2023 conference in Austin

The Generative AI Game of Thrones - Is OpenAI toast?

The News This has been an exciting weekend for the generative AI industry. On Friday November 17, OpenAI announced that the company fired its figurehead CEO Sam Altmann and appointed Chief Technology Officer Mira Murati as interims CEO in a surprise move. The press release states that Altmann “ was not consistently candid in his communications with the board .” Surprised was apparently not only Sam Altmann, but also the till then chairman of the board Greg Brockman who first stepped down from this position and subsequently quit OpenAI. Investors, notably Microsoft, found themselves blindsided, too – or flat footed depending on the individual point of view. Satya Nadella was compelled to state that Microsoft stays committed to the partnership with OpenAI in a blog post that got updated on November 19, 11:55 pm. All hell broke loose. Microsoft shares took a significant hit. A number of additional senior OpenAI personnel quit. Both, Altman and Brockman, voiced the idea of founding anoth

Salesforce stock tanks after earnings report - a snap analysis

The news On May 29, 2024, Salesforce reported its results for the first quarter of the fiscal year 2025. Highlights are a total quarterly revenue of $9.133bn US, resembling a year-over-year growth of 11 percent a current remaining performance obligation of $26.4bn US a remaining performance obligation of $53.9B US an operating margin of 18.7 percent. diluted earnings per share of $1.56 The company reported a revenue guidance of $9.2bn - $9.25bn US for the next quarter and a full year guidance of $37.7bn - $38.0bn US, resembling growth rates of 7 – 8 percent and 8 – 9 percent, respectively. With these numbers, Salesforce ended up at the lower end of last quarter’s guidance on the revenue growth side while exceeding the earnings per share projection and slightly lowered the guidance for the fiscal year 2025. The result: The company’s share price dropped from $272 to bottom out at $212. The bigger picture Salesforce is the big gorilla in the CRM and CX industry. The company has surpassed