- The software leaders (Salesforce and Microsoft) will extend their leads. As in many other areas of technology, the top selling products tend to gain market share, and smaller players wither or are acquired. Salesforce is synonymous to CRM for most companies, especially when they are thinking of sales force automation and customer service. Microsoft will drive Dynamics 365 to buyers of Office 365 as it continues to gain momentum.
- Microsoft will ship a small business edition of Dynamics 365 for Marketing. This has been announced since over a year ago, but has seemingly slipped into 2018.
- Cloud deployment of CRM will continue to grow, compared to on premises deployment in corporate data centers. Security accreditation for cloud providers have boosted confidence and allowed even some government customers to adopt cloud deployments.
- Many will boast artificial intelligence, but few will deliver. AI is one of the hottest buzzwords, so it will be irresistible to marketers, but the features based on AI will not deliver meaningful business advantages in 2018. Just ask yourself whether you would prefer that your account territories or quotas be based on AI, or whether you would wish this on your competitors instead.
- Vertical CRM solutions geared toward the needs of a particular industry will gain ground. These solutions embody business rules that are important for a specific approach to sales, marketing, or customer service. These may drive buyers to the online marketplaces of CRM vendors to find solutions and service providers with the right industry experience.
From the vice president of the InfoStrat division of Serenic Software, thoughts on digital transformation, marketing automation, customer relationship management, Microsoft Dynamics 365 (formerly CRM), government contracting, customer service and more. For breaking news, follow me on Twitter @jamestownsend and for more depth see the InfoStrat website at www.infostrat.com