CRM
Market Overview
- Worldwide $10.6 billion CRM revenue in 2010 à $16.7 billion CRM revenue in 2015, CAGR 9.5%
- CRM Market: Sales 43%, Marketing Management 24%, Customer Service & Support 32%
- By 2015, 33% of new CRM spend will be SaaS
- Marketing Management
- Executional Processes (MCCM): analyze customer data, segment customers, target communications to customers or partners across multiple channels
- Operational Processes (MRM): support internal marketing operations and management of resources (budgets, projects, HR, content/assets)
- Analytical Processes (MPM): Planning, optimizing outcomes and measuring performance
- By 2014, companies that implement/execute marketing management will achieve 50% higher ROMI
- Two ongoing Customer initiatives – 1) Closed loop marketing process and 2) Marketing and sales alignment
- Growth in ecommerce, web analytics, CRM deployments in mobility solutions, customer loyalty management to improve cross-sell/upsell opportunities
Key Trends of Marketing Management
- Customer decision framework for selecting marketing platform
- TCO(capex, opex)
- Ease of use
- Maintenance demands
- Desired functionality
- SMBs and B2B companies leveraging SaaS offerings from single vendor
- Larger organizations may require multiple vendors in hybrid model
- M&A and partnerships affecting competitive landscape
Marketo solutions for Marketing & Sales
Marketo
Lead Management - marketing
automation
Marketo
Sales Insight - sales lead management
Marketo
Revenue Cycle Analytics – ROI
analysis
Marketo
Social Marketing – social
campaigns and viral promotions
Competitive landscape
- CRM lead management
- Eloqua – Strong product functionality, User satisfaction, AppCloud
- IBM (Unica) – Strong financial backing, breadth and scalability
- Microsoft Dynamics CRM – Relative simplicity, support for user-defined workflows
- Oracle Siebel – Breadth of functionality, existing ecosystem
- SAP – Integrated with SAP CRM, Hana accelerator for large data sets
- Pardot, Silverpop – other players dropped from Gartner Magic Quadrant this year due to increase in minimum revenue level criteria from Gartner
- Integrated Marketing Management
- Neolane – Support salesforce.com, MS Dynamics CRM, Oracle on Demand, Easy UI and campaign customization
- MRM - On-premise/hosted/SaaS deployment models
- IBM(Unica), SAS, Teradata(Aprimo), Brandmaker, Orbis Global, SAP, Adnovate, MarketingPilot Software