Skip to main content

CRM evolution 2019 - A Recap


CRM evolution 2019 just ended. It has again been a highly interesting two and a half days filled with interesting presentations and discussions. A big thank you go to the organizers and the chairs.
It has also been the first time that the venerable Brent Leary chaired it, stepping into the big footprint that Paul Greenberg has left. Unsurprisingly, Brent did very well.
Of course, Paul, being Paul, was still there as a speaker with an engaging presentation, concentrating on what he calls the commonwealth of self-interest, on how to be highly successful because of applying an outside-in view.
CRM evolution is part of a group event of related conferences that all happen at the same time. This year, in addition to Smart Customer Service and Speechtek, there was a dedicated event focusing on DigitalExperience. This acknowledges how important this topic, that actually touches all the other topics, has become in the past years.
It also raises the question again why these four events are marketed as different events. With the possible exception of Speechtek all topics are related enough to be warranted as facets of the same.
And they are, in my eyes.
I do not know, how the chairs do it, but they continue to attract a number of high caliber speakers, starting off with Jarno Duursma as the main keynoter of day one, followed by a very knowledgeable Barton Goldenberg on day two. While Jarno focused on AI, which is arguably the most exciting topic these days, Barton showcased how to actually get CX profitably done using a community scenario. This breadth explains a good part of the value CRM Evolution and the sister conferences bring. There are just too many experienced practitioners and thought leaders to ignore this conference. This does not only show during the presentations but also events like the ‘breakfast with influencers’ that traditionally happens on day two, the various panels, and the interesting new format of a closing town hall meeting, where every attendee participated as an equal. This is truly a good idea.
From a numbers point of view, hoping that I get them from organizer Bob Fernekees, my impression is that the numbers have been up from last year, especially on the Customer Service and Speechtek side of the house.
On the other hand, the noticeable change in sponsorship that was already visible last year continued. Of the big brand name only SAP is left. OK, well, Google Cloud being a Diamond Sponsor of the overall event is not exactly an unknown either, which also shows the increasing importance of AI in the customer-facing world.
Zoho stepped up as a Diamond Sponsor, too, showing the ambitions of this exciting company that has set out challenging the big four. From then on we see Freshworks, Zendesk and Twilio as sponsors with a brand that is more broadly known. All the other ones, interesting as they are (or may be), are more or less niche players – sorry, if I now stepped on someone’s foot.
This is also reflected in the exhibition hall. Although it was vivid at times, vendors I talked with did not see much purchasing interest and some even doubted whether the presence was worth the expense.
My interpretation is that this is because this conference is more of a networking and brand-building event than a lead generation event. There may have been some leads, but I do think that people are there for learning, not for purchasing.
Having said this, I think that SAP missed an opportunity to create more share of mind, something that SAP needs in comparison to especially Salesforce and Microsoft. How can it be that a panel about AI in customer facing applications consists of Microsoft, Oracle, and Salesforce only? I do know for a fact that SAP has a lot of good things to contribute here. And they need to do this more. Especially Salesforce and Microsoft can afford being less present, because they already have the mindshare and, frankly, some speakers clearly have their background here.
So, what have been my three highlights of this year’s CRM evolution?
·      Different presentations and panels show that (Conversational) AI and machine learning are of high interest, not as technologies but embedded into business applications. This shows that the vendors are going the right way
·      The intersection of marketing and sales is a topic for businesses. There is a good interest amongst the attendees and speakers delivered different and good perspectives on this field of tension
·      Organizations seem to struggle with the same issues they had ten years ago. Data silos, organizational silos, inertia. This means that they are still a ways from implementing truly helpful solutions, because they do not have a strategy, not even talking about a plan. What is also lacking is the ability to acknowledge culture as an important driver to achieve this necessary change. This became abundantly clear when the extremely knowledgeable and persuasive Silvana Buljan had an audience of just six people for her highly interesting talk about how to use a cultural transformation program to increase employee satisfaction and then sales.


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...

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 ...

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 ...

Zoho - A True Unicorn

End of January Zoho held its 2020 Zoho Days, an analyst summit, which I was happy to attend, along with more than 60 colleagues, as the only analyst from Germany, as it seems. Sadly, it took me quite a while to complete this – Zoho deserves a faster commentare. But hey, let’s look forward and get rolling. Zoho is a privately owned enterprise software company that has quietly evolved from a small software company in 1996 to an ambitious global player that serves the SMB- and enterprise CRM market with cloud applications. The company has a set of 45+ business apps with more than 50 million users, 10 data centres and counting, and is available in 180 countries. The company is profitable and maintained a CAGR of more than 30 percent over the past five years. But why quietly? Because Zoho managed its growth pretty unusually (almost) fully organically with only very minor acquisitions. Crunchbase lists one. Following this unique approach, which defies the tradit...