Saturday, July 2, 2011

Here are some tips.The Best Small Business CRM Software? 
Customer relationship management (CRM) programs were once been best suited to large enterprises, but today they are essential to businesses of all sizes, and are available to small businesses in various forms. CRM solutions will enhance any business's productivity in sales, marketing, and for the customer service staff, as well as reduce the costs of finding and retaining leads, and increase revenues by unifying many business management processes in one platform. Of course, the trick to success with small business CRM is finding the right solution for your company.
Enterprise-scale CRM can be intimidating for smaller businesses, and it also tends to offer many more capabilities than smaller companies require, and at a price small-business owners will likely balk at paying. Adding even more expenses, large-scale CRM often requires more IT support than small businesses can readily provide. Thankfully, the growing need among small businesses for streamlined sales, marketing, and customer management processes has led to the emergence of small business CRM software, which many refer to as "CRM lite." These solutions acknowledge that employees of small businesses tend to wear many hats and have a variety of responsibilities, and these platforms are traditionally dialed-down versions of the large-enterprise products.
This brings us to an important thing to consider when selecting a small business CRM solution for your company: scalability. Most businesses start small, but when choosing a CRM solution, you have to look down the line and take consideration for growth. Your chosen solution should be able to both accommodate an increase in the user base, and allow for more capabilities as the company's needs evolve. Numbers-wise, small business CRM platforms are designed for companies with fewer than 500 clients, or fewer than 50 customer-facing staff members. And though CRM lite products have a small-business slant, they can still be fitting for divisions of larger enterprises with fewer than 100 simultaneous CRM users. For the most part, small business CRM caters to companies whose user bases are physically concentrated, rather than spread out over multi-server networks. 
Almost as important as selecting the appropriate system for a certain number of end-users: deciding which type of deployment is best for your company: on-premise or hosted. Most small business CRM solutions are offered as software-as-a-service (SaaS), or on-demand platforms, which is an option that provides numerous benefits to small enterprise. For starters, on-demand solutions require much less up-front capital, as they require neither hardware nor the licensing fees necessary for on-premise CRM platforms. On-demand CRM solutions are ideal for budding companies in need of a system than can be deployed quickly, and with little impact on IT resources, as on-premise solutions often call for long and complicated implementation processes. On-premise solutions tend to work best for large enterprises that need a constant pulse on their CRM data, and that can afford the temporal and monetary costs of implementation.
The best small business CRM solutions will allow companies to customize the platform's dashboards and key features. This customization is usually offered in the form of smaller "license bundles" that allow users to pick and choose only the features needed, and therefore prevent them for overpaying on extensive packages with features that will remain unused. Small business CRM solutions also reflect the tendency smaller companies have of managing business across a number of different (and sometimes disjointed) productivity applications. This propensity to work across disparate applications adds to the importance of a simple user interface and options for customization, and explains why CRM systems that resemble basic word processing and reporting applications are so successful.
Many small business CRM offerings are primarily contact managers that secondarily provide the ability to organize sales and marketing campaigns, and offer some standard reporting capabilities. Common add-ons include help desk automation, sales forecasting, order-processing and tracking, and advanced analytics. Two companies that offer web-based CRM solutions and recently released contact management tools are Salesforce.com and SugarCRM. Salesforce's Contact Management Edition and Sugar's SugarExpress are both very basic forms of CRM, offering simple contact information and communications records, and both are meant for a small number of users (about 5-10). They are intended for the smallest business users, but the good thing about these products-and another advantage of SaaS solutions-is that they are wholly integrative into Salesforce's and Sugar's more extensive CRM products should the company grow. 
Another thing you'll want to look for when choosing the right small business CRM: social networking tools. There has been great debate as to how helpful integrating products like Twitter and Facebook is to CRM processes, but there is no doubt that small businesses benefit greatly from incorporating social media. Unlike large enterprises, small businesses have more direct interactions with their customers, so while large enterprises use social networking tools to maintain a strong web presence and track conversations about their brand, small businesses have the advantage of using these platforms to nurture their existing relationships with customers. Most SaaS CRM solutions have social networking integrations, so look for a system that provides basic social media functionality and has a good tool for monitoring conversations. 
The best small business CRM solution is out there. Just remember to assess your needs, and find a product that is scalable, and offers good contact management and social media integrations.
Business Intelligence software to reach 65.4 m revenue in 2011
Business Intelligence software to reach 65.4 m revenue in 2011.
The market for business intelligence (BI) software in India is forecast to reach revenue of 65.4 m this year, up 15.7 per cent over 2010, according to consultancy firm.


Worldwide, business intelligencesoftware market revenue is forecast to grow 9.7 percent to reach 10.8 billion in 2011. business intelligencewas ranked number five on the list of the top 10 technology priorities in 2011, according to  annual global CIO survey.
It is a sign of the strategic importance of business intelligencethat investment remains strong, research director.
He said this market segment had remained strong because the dominant vendors continued to put Business Intelligence, analytics and performance management at the centre of their messaging, while end-user organisations largely continued their business intelligence projects hoping that resulting transparency and insight would enable them to cut costs and improve productivity and agility down the line.
He said the market for business intelligence platforms will remain one of the fastest growing software markets despite sluggish economic growth in most regions.
It said decision making in India historically has been based on either gut feelings or on the business experience of managers.
Business intelligence will allow enterprises to make more fact-based decisions.
Business intelligence promotes revenue growth and faster innovation through shorter product and service life cycles and the ability to find where value is being created in the business, it claimed.
IT Software Spending Will Focus on CRM in 2011
A new survey indicates that customer relationship management (CRM ) software will have the largest spending increase this year among all types of software. The survey, by industry research firm Gartner, said 42 percent of respondents expect to increase their CRM spending from 2010. 
About 39 percent will increase outlays for office suites, and 36 percent for enterprise resource planning. The survey was conducted among 1,500 heads of IT departments in 40 countries through last July. The questions were oriented toward actual budgets for last year and projections for 2011. 
Opportunities in 'Greenfields' 
The growing increase in CRM spending comes as spending on application software in general is rising a projected 31 percent this year. The largest increase is taking place in the Asia/Pacific region, which is growing 37 percent. Latin America application spending is growing by 35 percent, and the EMEA (Europe, Middle East, Africa) region by 27 percent. 
Gartner describes both Latin America and Asia/Pacific as "greenfields" with the greatest sales opportunities. 
Hai Hong Swinehart, a Gartner research analyst, said key areas for general software investment include the online channel; software as a service (SaaS ) deployments; and technologies that enable customer loyalty management, cross-sell and up-sell opportunities, and levels of customer service that are more targeted. 
"Software application vendors should continue to build, fund and invest in software sales and marketing programs as the market is recovering," Swinehart said. He added that a market downturn and its aftermath are "disrupters that create great marketing and sales opportunities" if a company has "the right products, market programs, and funding." 
Social CRM 
For CRM buyers, Swinehart said, spending is focusing on customer retention and ways to enhance the customer experience, and there is increasing interest in "technologies that encourage development of customer communities and social networks." 
Gartner said SaaS within the CRM industry could top $4 billion in revenue by 2014, which would make it nearly one-third of the entire CRM market. The segment with the strongest growth is marketing automation, driven by campaign and lead management and analytics. 
The survey comes at a time when, according to Gartner, CRM is in a new era that is more about relationships and less about management. This new emphasis, the research firm said, is being driven by social media, and is yielding a "more open, honest and balanced approach" that works with customers to provide mutually beneficial relationships. 
Earlier this month, Gartner reported that the CRM market is entering a three-year shake-up period with rapid changes. That report said the keys to the shake-up are the rise of social CRM and SaaS, the market reshuffling led by Salesforce.com, and the selling of CRM software from consultants and system integrators.