<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.aheadcrm.co.nz/blogs/tag/Freshworks/feed" rel="self" type="application/rss+xml"/><title>aheadCRM - Blog #Freshworks</title><description>aheadCRM - Blog #Freshworks</description><link>https://www.aheadcrm.co.nz/blogs/tag/Freshworks</link><lastBuildDate>Wed, 23 Sep 2026 07:53:08 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[How to walk a Fresh way towards CX and EX]]></title><link>https://www.aheadcrm.co.nz/blogs/post/how-to-walk-a-fresh-way-towards-cx-and-ex</link><description><![CDATA[The News On November 11, 2021&nbsp; Freshworks &nbsp;held its annual&nbsp; Freshworks Refresh &nbsp;event. This year, the event had a hybrid format with ar ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_gEQ06wXbSaaBihodJKiMbQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Ar6yAXQxQ8mWDZn2zz-hGw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_UrlJbG1yR72rhACFX7tj7A" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_TXiXCjjUTaySvBZGT6Uh1w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><h1>The News</h1><p>On November 11, 2021&nbsp;<a href="https://www.freshworks.com/">Freshworks</a>&nbsp;held its annual&nbsp;<a href="https://www.freshworksrefresh2021.com/event/52b42838-fdea-4731-b8fd-51c212b052b5/summary">Freshworks Refresh</a>&nbsp;event. This year, the event had a hybrid format with around 250 customers, partners and analysts participating on site while around 17k people have registered for online participation.</p><p>There was a social pre-event and an after-event for entertainment and networking purposes.&nbsp;</p><p>The event itself was themed around “delight made easy”. Naturally, it had different agendas for customers and partners on one side and analysts on the other side.</p><p>The morning was dedicated to a 4-hour sequence of keynote sessions for everyone. The event was kicked off with a keynote by Neuroscientist, entrepreneur, and author&nbsp;<a href="https://www.linkedin.com/in/davideagleman/">David Eagleman</a>,&nbsp;who spoke about the “Science of Delight”. The closing keynote was delivered by&nbsp;<a href="https://twitter.com/amypurdygurl">Amy Purdy</a>,&nbsp;who shared her inspiring story of how she used creativity, a positive outlook and a never-give-up attitude to turn her life from nearly dying, finding herself with a double lower leg amputation and failing organs into becoming a 3 times Paralympic medalist. Between these two speakers, who set the scene, Freshworks offered product and customer information.</p><p>Freshworks CEO&nbsp;<a href="https://www.linkedin.com/in/girish1/">Girish Mathrubootham</a>&nbsp;gave a product update that linked into Eagleman’s message and a distributed customer panel spoke about their experiences with Freshworks, how they implemented Freshworks solutions and how these help the respective businesses. Rounding this off, Freshworks awarded several prizes to customers who offer exceptional EX or CX and showcased the winners of an internal hackathon. The latter is relevant because these winning solutions made it into or will make it into Freshworks products.</p><p>The afternoon was filled with customer related information in the customer and partner track and product and strategy sessions for the analysts. The analyst track started with an open Q &amp; A session with CEO Girish Mathrubootham, a session about the changing role of the CIO and continued with product updates and a distributed fireside chat with a customer.&nbsp;</p><h1>The bigger picture</h1><p>Every significant player – and every player that wants to be looked at as significant – is positioning itself as a platform player and its platform as the foundation for the ability to generate a great customer- and/or user experience. This can be observed in offerings for all sizes of customers, from small businesses to enterprise. The definition of what a platform is and contains varies. So does the maturity of the various platforms.&nbsp;</p><p>As I have repeatedly&nbsp;<a href="https://aheadcrm.blogspot.com/2018/08/clash-of-titans-platform-play.html">written before</a>, having a great technology platform is not enough to enable experiences.</p><p>There is more to being able to create an individual experience than just a technology platform. Apart from an appropriate, customer-oriented strategy and a culture to match, that is.</p><p>The platform that is needed to enable experiences at scale for organizations consists of more than IaaS and PaaS. Software vendors that want to be successful platform players need to be able to deliver on four areas to succeed:</p><ul><li>(Technology) Platform&nbsp;</li><li>Ecosystem</li><li>Insight</li><li>Productivity</li></ul><p>By extension, this means that smaller vendors that cannot or do not want to deliver on these four dimensions need to choose the platform or platforms they want to become a part of.</p><figure class="wp-block-image size-large"><img src="http://www.epikonic.com/wp-content/uploads/Building-blocks-of-experience.png" alt="The Building Blocks of enabling Customer Experience" class="wp-image-1625"/><figcaption>Figure 1: The Building Blocks of enabling Customer Experience</figcaption></figure><p></p><h1>My PoV and analysis</h1><p>This part I need to cut into two sections, one about the event itself and one about the content.</p><h2>The event</h2><p>First, kudos to the team who organized it. The event was well organized and structured. The Freshworks team around&nbsp;<a href="https://www.linkedin.com/in/alanberkson/">Alan Berkson</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/shelbi-gomez-poston-4133a43b/">Shelbi Gomez</a>&nbsp;was always available with a helping hand. I think the team can be sad that only 7 analysts came on site.</p><p>Plenty has been said in the past years about Las Vegas conference venues, so I do not need to add anything but that we certainly got our ten thousand steps. Seriously, the Mandalay Bay is a good choice.</p><p>The two external keynotes by David Eagleman and Amy Purdy have been highly engaging and in the case of David Eagleman also highly relevant to the event theme. The following keynote by Freshworks founder and CEO Girish Mathrubootham showed how ease of use and delight can be combined. Doing this, he established an emotional connection around delight and ease. Using this smart approach, these terms are now tied to the Freshworks brand.</p><p>Another kicker was the customer panel with representatives of DHL, GE Digital Aviation Software, Carrefour and TaylorMade who talked about which parts of the Freshworks software they use, how the implementations went (easy as) and how they use Freshworks to pursue the digital transformation of their respective businesses. In line with the nature of the overall event, it was made up in a hybrid way with one participant attending from a remote location.</p><figure class="wp-block-image size-large"><img src="http://www.epikonic.com/wp-content/uploads/freshworks-customer-panel-1-scaled.jpg" alt="" class="wp-image-4007"/><figcaption>Figure&nbsp;2: Freshworks customer panel; photo by Thomas Wieberneit</figcaption></figure><p>From a brand perspective, these customers are at the upper end of Freshwork’s sweet spot in the market, but then this emphasizes on the company’s ability to scale up.</p><p>These customers, as well as the customer representatives, who accepted the prizes often spoke with strong positive emotion about Freshworks, rather than only pointing out rationally where and how the products help their business. This increased the tie between delight and ease on one side and Freshworks on the other side.&nbsp;</p><p>Why is this important? Because every significant player is playing a platform game, which also reduces the differentiating factors. Consequently, it is important to be front of mind when it comes to positively loaded keywords. This worked well in quite some industries, think automobiles or smartphones, to name only two. Freshworks establishes itself as a likeable brand.</p><p>In an interesting twist, Freshworks not only presented several customer awards but also gave a glance at what I would call “employee-driven innovation”. Chief Product Officer&nbsp;<a href="https://www.linkedin.com/in/prakashramamurthy/">Prakash Ramamurthy</a>&nbsp;presented the winners of an internal hackathon. Their implementations did make it or will do make it into the products.&nbsp;</p><p>The afternoon started with an open Q&amp;A with Girish Mathrubootham who openly answered all questions that were fired at him, which is testament to authenticity. I didn’t fully understand the relevance of the subsequent CIO session, although it seemed to partly set the stage for the AIOps topic that came up a little later. It was followed by a fireside chat with a customer and various product roadmaps along with their respective Q&amp;A rounds. Some of the sessions were based on more detailed video information that was made available to us before the event. It was often important to have this material reviewed before the event.</p><p>The event overall felt good. It was well structured, quite rich on information and offered many strong customer testimonials. I think that especially the customer success stories have been a strength of this event. More of them might have even strengthened it even further. In any case it was good to be able to freely speak with customers.</p><p>There was ample opportunity to network with Freshworks people, partners, and customers. As written above, from a session point of view I wonder how Amy Purdy fit into the message and what the sense of the CIO session was.</p><p>Being asked, Marshall Lager confirms that “<em>very little of my time felt wasted, and I’m the first to admit it if I tune out of a presentation. I think they missed the mark by making Delight the theme, though, because the content didn’t really bear that concept out.</em>”&nbsp;</p><p>Having been one of a few on-site analysts, what I missed was more possibility to interact with the remote colleagues. This may have been due to the tight schedule. As a caveat, I am aware that this is difficult to achieve.</p><p>All in all, I like the concept.</p><h2>The messaging</h2><p>Messaging is a difficult topic. Marshall Lager opines that the event tended to lean “<em>into the message at the expense of substance.</em>” I would agree to this as I sometimes had a feeling of questions being dodged by executives.</p><p>The topic of messaging is however, not only from a CRM (or CX) point of view, very important. During last year’s Refresh, this has been a major discussion point with the analysts, which was partly addressed.</p><p>According to Chief Product Officer Prakash Ramamurthy “<em>CRM now does include support. Lots of investment is going into creating a unified solution. We have strong offerings in all three areas marketing, sales and service/support.</em>”</p><p>Still, the Freshworks CRM suite message is slightly confusing.&nbsp;</p><p>Freshworks announced a bundle named Freshstack, which consists of Freshsales, Freshmarketer and Freshdesk and that is dedicated to startups. Given this, it covers all functions of a CRM. Why not name it (Fresh)CRM? Especially, since some of the product slides refer to this combination of products as CRM.&nbsp;</p><figure class="wp-block-image size-large"><img src="http://www.epikonic.com/wp-content/uploads/IMG_8667-1024x576.jpg" alt="" class="wp-image-4008"/><figcaption>Figure&nbsp;3: The Freshworks product portfolio; source: Freshworks</figcaption></figure><p>Freshsales and Freshmarketer, on the other hand, are grouped as the Freshsales Suite and marketed as an “All-in-one CRM”. This weakens the idea of the “One Platform for One Unified Business” and confuses the CRM (or CX) message. Again, CRM consists of marketing, sales, and service.</p><figure class="wp-block-image size-large"><img src="http://www.epikonic.com/wp-content/uploads/IMG_8668-1024x576.jpg" alt="" class="wp-image-4009"/><figcaption>Figure&nbsp;4: Freshsales Suite; source: FreshworksFigure&nbsp;4: Freshsales Suite; source: Freshworks</figcaption></figure><p>Still, this package acknowledges the trend towards fostering a closer collaboration of marketing and sales departments to achieve one common goal and not two separate ones although there is no talk about revenue operations, which is the next evolution of this trend.</p><p>The functional roadmap of the overall customer solutions suite appears sound; yet it shows that Freshsales and Freshmarketer are fairly young products.</p><p>Which is a fact that can be used as an advantage, as there is little legacy. Freshworks Head of Product for the Freshsales Suite,&nbsp;<a href="https://www.linkedin.com/in/stadlinger/">Peter Stadlinger</a>&nbsp;is well aware of this fact. In the prerecorded part of the session he speaks of an “<em>unfair advantage</em>” that Freshworks has. It remains to be seen how the company uses this advantage.</p><p>Freshworks clearly positions itself as a platform vendor – like everyone else. Asked what beyond high usability the differentiators of the platform are, VP of Product Marketing, Neo,&nbsp;<a href="https://www.linkedin.com/in/tejasbhandarkar/">Tejas Bhandarkar</a>&nbsp;maintains that “<em>our platform strategy is based on 3 things:&nbsp;</em></p><p><em>a) giving a unified experience to customers through unified customer experience, collaboration, multi-channel, federated search, etc.,&nbsp;</em></p><p><em>b) delivering insights built on data, enabling customers to compose their own analytics the way they want, and</em></p><p><em>c)&nbsp;&nbsp;empowering developers to build simple as well as sophisticated apps easily</em>.”</p><p>Prakash Ramamurthy extends that “<em>easily customizable and extensible is what customers call out as a differentiator. The extended roadmap includes analytics</em>.” This extension is important as several customers pointed at analytics when queried about where Freshworks could improve.</p><p>In addition to this, Freshworks recently partnered with&nbsp;<a href="https://www.uiflow.com/partners-freshworks">UIflow</a>, to enrich the Neo platform with low code abilities, while looking at Slack and Microsoft when it comes to productivity and collaboration apps.</p><p>So, looking at the components of a platform, Freshworks plays the ecosystem card in these areas.</p><p>Interestingly, Freshworks also does not talk much about AI and machine learning as part of the platform. These topics, e.g., in the form of the virtual assistant Freddy, mainly come up in the application layer. Freshworks wants to provide purpose-built features and not deliver AI as a technology. “<em>Users do not care whether it is an AI or not</em>”. Still, the foundation for these purpose-built features needs to lie in the platform, i.e., Neo, to allow for efficient development and deployment. I think that this topic deserves some more clarity.</p><p>However, Freshworks chose an interesting approach out of the dilemma that being a “platform vendor” is not a differentiator anymore. This approach is the use of emotion.</p><p>The message that permeated all communication is “we want your success; we are easy to deal with and we create our solutions for ease of use”. This was confirmed by customer testimonials in an impressive manner, even considering that customers who attend this type of event are rather positive and customers who get on stage are even more positive. With this, and with the themes of “delight” and “ease”, Freshworks managed to tie strong positive emotions to the brand. This is a path to differentiation that other vendors have not yet chosen to this extent, and this might give Freshworks an edge.</p><p>All this leads to the question how Freshworks gets into and grows in and with accounts. There are two main ways, organically and via the ecosystem, i.e., partners. Freshworks has partners with presences in more than fifty countries.</p><p>Although partners have not been that big a topic during Refresh2021, Freshworks has a&nbsp;<a href="https://www.freshworks.com/company/partners/">network</a>&nbsp;of more than 500 partners and a marketplace that lists 1,100+ applications. That certainly gives some scale and reach into various markets.</p><p>The company clearly positions itself for the mid-market. At the same time, it opens itself to enterprises that do not want or need too much customization but prefer functionality out of the box. Still, Freshworks wants to establish that its solutions do scale and are attractive for (divisions of) enterprises. This is in alignment with “delight made easy”.</p><p>A division that implements Freshworks then grows its implementation footprint in two ways, increasing usage across countries and rolling out additional solutions. Eventually, other divisions might implement Freshworks, too – a classical land-and-expand strategy. Asked whether the employee solutions and the customer solutions mutually enable this strategy, replies seem to suggest that land-and-expand works well between the customer solutions, e.g., a division starting with Freshdesk and then rolling out Freshsales or vice versa, starting with Freshsales and then moving on with Freshdesk; the employee solutions so far seem to play a smaller role here.</p><p>The last topic of interest is the one of industries. Freshworks does not offer industry solutions. Being asked when this will change and a vertical strategy be employed, Girish Mathrubootham answered that the company will remain horizontal to ensure that the market stays broad enough. While this is a sound answer, one might argue that addressing verticals does not reduce the size of the addressable market but adds ease to verticals that are specifically targeted. This, especially in times of industry clouds. It might become necessary to explain why Freshworks does not require industry solutions. This should be possible, also following the theme of ease. In any case it will be interesting to see how a pureplay horizontal strategy pans out.</p><p>Overall, I think that we see another interesting player emerge that can be a good and viable alternative to the bigger players in the CX market, given that customizing requirements are not too big and that there is an own local presence or a local partner.</p><p>Freshworks is a young company. The most mature products are on the customer service and ITSM sides. The sales, marketing and employee solutions are younger and, given that, still somewhat simpler than other solutions. On the other hand, there is an ambitious, young company behind them. Building and delivering on the existing messaging will be key.</p><p>The Clash of Titans seems to get an additional participant.</p></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 24 Nov 2021 18:34:31 -0500</pubDate></item><item><title><![CDATA[How to leverage The Power of Ecosystems]]></title><link>https://www.aheadcrm.co.nz/blogs/post/how-to-leverage-the-power-of-ecosystems</link><description><![CDATA[Ecosystems are a big topic. What makes an ecosystem successful? What hurts? Are there any key elements to ecosystems to make them succeed? Does it dif ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_I8Pj0BgRSiqbbwFwxlQkaQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Y5934-ODSrOP7r0aO0WidA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_b22RR3EqTri0zvIMlgvy5Q" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_8Hf0TUttS6KIz7vEYKeheQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><p>Ecosystems are a big topic. What makes an ecosystem successful? What hurts? Are there any key elements to ecosystems to make them succeed? Does it differ from communities? Can a vendor survive without one? Or even better: Can customers succeed without? There are lots of questions to be answered in the times of platform play.</p><p>The CRMKonvos team had a vivid conversation with <a href="http://twitter.com/berkson0" target="_blank" rel="noreferrer noopener">Alan Berkson</a>, Global Director of Community Outreach and Analyst Relations at <a href="https://www.freshworks.com/" target="_blank" rel="noreferrer noopener">Freshworks</a>, who, as part of is job works with, and builds ecosystems - pretty well, in fact.</p><p>He has a lot of interesting things to say, also about the current rage, which is Clubhouse - will it succeed? Is there any good to it?</p><p>Enjoy the conversation!</p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">https://youtu.be/rp9FEu_7_wk</div>
</figure></div></div></div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 08 Feb 2021 12:40:04 -0500</pubDate></item><item><title><![CDATA[CRMKonvo - Freshworks on Platform, CRM and useful AI]]></title><link>https://www.aheadcrm.co.nz/blogs/post/crmkonvo-freshworks-on-platform-crm-and-useful-ai</link><description><![CDATA[Freshworks has is now officially a fresh (sorry, I really couldn't resist this pun) member of the club of platform players. The company introduced its ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_60hsmsxiR2-0Cs8vC7L2Nw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_KfnvGMRNQBuN3bsD31J6Bw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_Or_lzgGHT0GaPIACM8j_og" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_5T_wAbSvS7Oga3ukpc-A_Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><p class="has-normal-font-size">Freshworks has is now officially a fresh (sorry, I really couldn't resist this pun) member of the club of platform players. The company introduced its own flavour of CRM and a platform that they build upon. What is next? Lot's of ground to cover. A CRKKonvo with Prakash Ramamurthy, Chief Product Officer, Peter Stadlinger, Head of Products CRM and David Krauss, Senior Director Product Marketing at Freshworks.</p><p>ogether with Marshall Lager, Ralf Korb and Thomas Wieberneit they discuss market perspectives, what the value for customers is and how the innovations that the team has recently introduced fit in there.</p><p class="has-normal-font-size">Prakash, Peter, and David bring a wealth of knowledge to the conversation, including a pretty interesting dive into how to train an AI based upon the idea that the human who is in front of the machine is still one of the most important trainers, due to tacit knowledge and wisdom that cannot be codified. Which also explains the trifecta of priorities that Freshworks follows with its CRM:</p><ul><li>UI/UX first</li><li>AI that actually works</li><li>native customer 360</li></ul><p>It is also about value, where we do a short deviation towards pricing and, of course, platform.</p><p>Enjoy a fascinating discussion with empathic points made.</p><figure class="wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">https://youtu.be/k32C69kMMb0</div>
</figure></div></div></div></div></div></div></div></div> ]]></content:encoded><pubDate>Sat, 21 Nov 2020 09:35:26 -0500</pubDate></item><item><title><![CDATA[Freshworks officially cool now in the club of platform vendors]]></title><link>https://www.aheadcrm.co.nz/blogs/post/freshworks-officially-cool-now-in-the-club-of-platform-vendors</link><description><![CDATA[A few days ago, together with a group of fellow analysts, I was invited to attend the 2020 Freshworks analyst days that covered a lot of ground from c ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_D-oyedUuQ32-Ru0RK3tG9A" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_VqKzK6dLQmOligdV85Xb-g" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_cjob6HI2RrquGkuYhp4nRg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_iCe7xdxxSZaheVZNnT-xVw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><p>A few days ago, together with a group of fellow analysts, I was invited to attend the 2020 Freshworks analyst days that covered a lot of ground from corporate vision through strategy and of course, some announcements for the <a href="https://refresh2020.com/">Freshworks Refresh 2020 Global Virtual Conference</a>. These announcements came shortly after <a href="https://www.freshworks.com/freshworks-recognized-in-fourth-gartner-magic-quadrant-report-for-2020/">the company appeared in the fourth Gartner Magic Quadrant</a> for 2020 and after being ranked #16 in the 2020 Forbes Cloud 100 list.</p><p>All this clearly shows some ambition – and success.</p><p>As you may be aware by now, these announcements included Neo, the new <a href="https://www.freshworks.com/platform/">Freshworks platform</a> and the new <a href="https://www.freshworks.com/crm/">Freshworks CRM</a> product. These two topics created the most discussion points between the Freshworks executives and the analysts.</p><p>Of course, these two announcements were supported by statements on the corporate vision, mission and current standing as well as product vision. Impressive customer testimonials were not missing, too.</p><h1>My Take</h1><p>This I need to divide into three sections, one about the event itself, one about strategy and one about the new products. Let me start with the analyst day itself.</p><h2>The Analyst Day</h2><p>Of course it was a fully virtual event, thanks to Covid-19. The “day” was split into two sessions of four hours each across two days. Each day was closed with a social gathering after the content sessions, where we could talk shop or just banter, having a drink. This was akin t the lobby talk that one has during breaks or after a day full of information.</p><p>All sessions were live. There haven’t been any canned statements. Questions that were asked via the chat during the various presentations were either answered immediately or taken up by <a href="https://twitter.com/berkson0">Alan Berkson</a> and his team towards the end of the presentations, to allow for the need for clarification. Even some comments or the analyst discussions in the chat channel were sometimes taken up.</p><p>All this made the event very intense, so the four hour per day schedule was a good choice.</p><p>Corporate identity was catered for by Freshworks personnel using a Freshworks virtual background.</p><p>As to the content of the various sessions, there wasn’t too much depth. To accommodate for this, Freshworks offered the possibility for 1:1s after the event, something that in normal circumstances would have happened on site. Some possibilities to make the event even better would be to distribute some more detailed information beforehand for our preparation, using Zooms breakout sessions for 1:1s or smaller group discussions with the execs, and possibly adding more room for discussion, but then a lot of this already happened in the chat.</p><p>Having said all that: Kudos to the Freshworks team for pulling off an engaging distributed event like this. There are certainly some things to learn for other companies.</p><h1>Strategy</h1><p>The Freshworks strategy revolves around three main topics:</p><ul><li>Customer for life</li><li>Customer and employee experience</li><li>Enterprise scale</li></ul><p>Starting with the last one, as it shows the ambition, for which the other two are main vehicles.</p><p>Freshworks wants to extend its reach beyond the SMB market and become enterprise ready, also to support growing and large organizations; albeit the company’s sweet spot still is in the midsize company market. This mandates keeping existing customers, making them customers for life – and advocates who help acquiring new customers, because they can get customers for life. Providing a superior employee experience helps further keeping existing and gaining new customers.</p><p>To support this ambition, Freshworks has diligently hired executives from renowned companies, like Jose Morales from Atlassian (Chief Revenue Officer), Prakash Ramamurthy from Oracle (Chief Product Officer), Tyler Sloat from Zuora (CFO) or Pradeep Rathinam from AnswerIQ, a Q1/2020 acquisition (Chief Customer Officer). Pradeep also worked for twelve years at Microsoft earlier in his career.</p><p>All in all this is a predictable move that extends the trajectory of broadening the offering via own innovation and acquisitions. It is also a necessary move which major competitors have already made or are currently making.</p><p>The opportunity with this move is becoming more attractive for companies that are looking for a comprehensive and integrated suite of solutions to run their business. The challenge is that, with the existing suite of solutions, Freshworks is set up similar to a smaller Salesforce, concentrating on customer facing processes from customer acquisition via closing a transaction through supporting and retaining a customer. This will require a careful messaging, strong products and seamless integration not only within the own product suite and partner products but also into other ecosystems.</p><h1>New Products</h1><h2>Platform</h2><p>As I have tweeted already during the event, Freshworks has now officially joined the club of platform players by offering a technology platform, insight, (some) productivity tools and, most important of all, an ecosystem. For a start, only the new Freshworks CRM is built on top of this platform, while the other Freshworks products already use some parts of this platform, like the identity and authentication service or the analytics services, conversational service and, of course the Freddy machine learning services.&nbsp;</p><div class="wp-block-image"><figure class="aligncenter size-large"><img src="http://www.epikonic.com/wp-content/uploads/Building-blocks-of-experience.png" alt="The Building Blocks of enabling Customer Experience" class="wp-image-1625"/></figure></div>
<p>Figure 1: The Building Blocks of enabling Customer Experience</p><p>The weakest part of Neo is the productivity portion, where Freshworks mostly relies on partner capabilities. This is not necessarily a problem, as it is where an ecosystem is helpful, if approached strategically.</p><div class="wp-block-image"><figure class="aligncenter size-large"><img src="http://www.epikonic.com/wp-content/uploads/Freshworks-Neo-1024x556.png" alt="" class="wp-image-3194"/></figure></div>
<p>Figure 2: Freshworks Neo platform; source Freshworks</p><p>The Neo platform itself shall offer the services that are needed to efficiently and easily manage, extend, and use Freshworks applications. Part of it is providing cross application services. Other parts include development support from high code to low code. On top of it, it provides access to marketplace apps for their easy integration.</p><p>Neos most prominent function is its holding the Unified Customer Record that captures and shares customer data across touch points. Along with the Neo analytics engine and the AI system this has the potential to become a powerful CDP. Still, it might be beneficial to put some emphasis on customer consents. While the statement “<em>engage with full context</em>” might be read as including incoming consents, and being aware that Freshworks does not offer a CIAM nor an e-commerce, it is far more powerful to be able to argue with GDPR, CCPA or the upcoming California <a href="https://www.businessinsider.com/prop-24-privacy-california-data-tracking-facebook-google-2020-11">proposition 24</a> or to at least include this into the messaging.</p><p>Another topic that is important for becoming enterprise ready are the extensibility of standard objects via Neo in a way that all deployed apps and services can readily use the changes and the availability of ready-made process-oriented interfaces into ERP solutions.</p><h2>CRM</h2><p>Freshworks CRM, for time being, supports marketing and sales functions only, while the service solution Freshdesk stays out of scope. This is a new notion of the term CRM. CRM for me and many others includes marketing, sales, and service functions. Too often CRM is also incorrectly used as a synonym for SFA. Since with Freshdesk, Freshworks owns a customer service solution that is not yet fully integrated, but will be so in the near future, it would be important to include customer service into the messaging right away instead of creating another interpretation.</p><p>The solution is built around the notions of “<em>UI/UX first</em>”, a “<em>native 360 degree view</em>” on the customer and an “<em>AI that works</em>”.</p><p>The idea is to get simplicity, yet have a powerful application that makes the users’ lives easier, while being able to gather good and sufficient data to train the embedded AI/ML system. So UI/UX first in order to enable a good AI, which is the third objective. This message is more grounded than the upcoming word of “AI first” and acknowledges that machine learning provides better results when based on better training data. Still, it leads into the same direction.</p><p>To be sure, not everything is in place, yet, but there is a credible roadmap to get there.</p><p>Another little detail lies in the messaging again: While Neo holds the Unified Customer Record, CRM sports a CDP, similarly the AI/ML system as well as the analytics engine.</p><div class="wp-block-image"><figure class="aligncenter size-large"><img src="http://www.epikonic.com/wp-content/uploads/Freshworks-CRM-Capabilities.png" alt="" class="wp-image-3195"/></figure></div>
<p>Figure 3: Freshworks CRM Capabilities; source Freshworks</p><p>I get it that these topics need to be mentioned in the context of a CRM solution, still I’d like to understand the underlying architecture somewhat better, as the diagram above might be misleading. Maybe it is just a matter of formulating this diagram with customer benefit in mind.</p><h1>All in All</h1><p>It is good to see that Freshworks integrates its offerings and starts to put it on one stack and into a coherent offering, albeit not too early. It surely is too early to say how well things work together and how deep the offered functionality is, but Freshworks is on the right way here. The presented roadmap makes good sense and will surely be adjusted based upon emerging needs and changing customer priorities.</p><p>Applications are getting more and more commoditized and are becoming part of an integrated whole. This mandates putting them on top of a platform.</p><p>With Freshworks having taken this step, there is one more player who acts on this realization.</p><p>The Clash of Titans just got more interesting.</p></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 10 Nov 2020 10:12:46 -0500</pubDate></item><item><title><![CDATA[Salesforce goes SMB - again]]></title><link>https://www.aheadcrm.co.nz/blogs/post/salesforce-goes-smb-again</link><description><![CDATA[The News Last week, on July 24, 2019 Salesforce announced adding conversation channels to its Salesforce Essentials offering with the goal of giving s ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_-NM3cqdQQVunl7tTfGFqqg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_GDRQ68YbSsKXL6mjDkUcDg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_ryfXxGtCTcSIaccaoIupRA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_GKKP6ZX9ScyXic5kRTeVcw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><h1>The News</h1> Last week, on July 24, 2019 Salesforce <a href="https://www.salesforce.com/company/news-press/press-releases/2019/07/192407-d/">announced</a> adding conversation channels to its Salesforce Essentials offering with the goal of giving small businesses more personalized ways to interact with their customers. As usual, you can read the press release below or directly on the <a href="https://www.salesforce.com/company/news-press/press-releases/2019/07/192407-d/">Salesforce web site</a>. In a nutshell, Salesforce adds the ability to have conversations with Facebook Messenger, to get notifications when customers comment to posts and videos on Instagram or Youtube, and native phone support. All this can get set up with the help of simple guided walkthroughs. The overall goals are to speed up the setup and to offer a path for growth. The latter being offered by the fact that Salesforce Essentials is built on the same platform as Salesforce’s enterprise applications and is essentially an entry tier for small businesses. Still, talking to <a href="https://www.linkedin.com/in/melissa-meli-70b8ba5/">Melissa Meli</a>, Director of Product Marketing for Salesforce Essentials, the emphasis is on easy. &nbsp; <strong>Salesforce Adds New Conversation Channels to Salesforce Essentials, Giving Small Businesses Personalized Ways to Interact with Customers&nbsp;</strong> &nbsp; <em>With Salesforce Essentials, small businesses can easily adopt the world’s #1 CRM platform</em>—<em>&nbsp;designed to scale and grow with them</em> &nbsp; <em>New social, chat and phone capabilities in Salesforce Essentials empower small businesses to communicate with customers on their preferred channels</em>—<em>and can be deployed in just minutes&nbsp;</em> &nbsp; <em>Customers</em>&nbsp;<em>like G Photography, Mission.org and PepTalkHer</em>&nbsp;<em>rely on Salesforce Essentials to reimagine and grow their business</em> &nbsp; SAN FRANCISCO—JULY 24, 2019—Salesforce , the global leader in CRM, today delivered new conversation channels in&nbsp;<a href="https://www.salesforce.com/solutions/essentials/">Salesforce Essentials</a>, the all-in-one CRM solution built specifically for small businesses. Salesforce Essentials empowers every small business to tap into the power of Salesforce with apps for sales and service that are easy to set up, use and maintain. Now small businesses can easily manage and engage with customers on their preferred channels including Facebook Messenger, Instagram and YouTube—all while having a single view of the customer.<strong>&nbsp;</strong> &nbsp; Social media platforms like Facebook, Instagram and YouTube have been equalizing forces for small businesses—enabling them to reach billions of prospective customers and grow rapidly. As consumers have gotten accustomed to the instantaneous communication of these platforms, they expect a similar level of communication with the brands they engage with. However, small businesses have limited resources and can't always provide the level of support customers want. In fact,&nbsp;<a href="https://www.salesforce.com/blog/2019/05/trends-for-growing-small-business.html">58%</a>&nbsp;of SMB leaders say meeting customer experience expectations is a challenge for growth over the next two years. Now, with new conversation channels in Salesforce Essentials, small businesses have the ability to engage with their customers across these modern platforms right alongside tried and true capabilities such as phone and chat. &nbsp; <strong>Powering the Next Generation of Small Businesses Across Any Communication Channel</strong> With today’s announcement, Salesforce Essentials is providing everything a small business needs to offer world-class sales and service experiences to their customers. New features for Salesforce Essentials include: <ul><li><strong>Seamless conversations across social channels —</strong>Expanding on existing support of Facebook pages and Twitter, small businesses can now have real-time conversations with their customers over&nbsp;<strong>Facebook Messenger.&nbsp;</strong>For example, when a customer sends a company a question via Messenger, the message is routed to an employee who can have a live conversation over Messenger, directly from within Salesforce Essentials. With&nbsp;<strong>Instagram&nbsp;</strong>and&nbsp;<strong>YouTube</strong>, the employee gets notified when the customer makes a comment on a post or one of its videos, and can respond from Salesforce.</li><li><strong>Real-time chat conversations from website or help center</strong><strong>—</strong>Small businesses can add a Salesforce chat widget to their website, and have the chat routed to an employee who can maintain multiple chat conversations from Salesforce. This provides the employee with a complete view of the customer’s profile so they can step right into the conversation and view features like previous interactions, case history, open sales opportunities or other information within Salesforce.</li><li><strong>Native phone support built into the #1 CRM —&nbsp;</strong>Make and receive customer calls with&nbsp;<strong><a href="https://www.salesforce.com/products/sales-cloud/features/lightning-dialer/">Lightning Dialer</a></strong>for Essentials, an out-of-the-box call center solution built right into the product. When an employee makes or receives the call, the customer’s profile and account information is immediately available with a pop-up screen in Salesforce, giving them the full context and customer history to provide fast and personalized service. Calls are automatically logged within the contact and account activity history of Salesforce, reducing manual data entry and making sure that information doesn’t get lost.</li><li><strong>Easy channel setup with walkthroughs and live help —&nbsp;</strong>Salesforce Essentials offers small business customers a library of simple walkthroughs within the product to easily get set up with all of these new features in minutes—including guided overviews on key channels like Facebook Messenger, chat and phone. A team of Essentials Coaches are included in the U.S. and Canada during trials and the first 90 days of purchase to provide customers with any support needed via 1:1 live chat to get set up in no time.</li></ul> &nbsp; “We all expect real-time instantaneous communication today—whether it’s with our family,&nbsp; friends or favorite brands. Now Salesforce Essentials is giving small businesses the tools needed to manage customer communications across all those channels in one centralized spot,” said Marie Rosecrans, SVP, Salesforce Essentials and SMB. &nbsp; <strong>Salesforce Essentials: Helping Small Businesses Accelerate their Growth</strong> Since launching in November 2017, Salesforce Essentials has quickly become the go-to solution for small businesses to scale and grow their business. Here's how a few companies are using Salesforce Essentials: <ul><li><a href="https://www.gphotographybyg.com/"><strong>G Photography</strong></a><strong>—&nbsp;</strong>Owner and photographer Gwendolyn “G” Houston-Jack is a portrait artist specializing in creating lifestyle wall art of families and individuals. As G Photography began growing, the company outgrew all of the systems it was using and spent significant time on deals that were dead to begin with. Houston-Jack knew she needed to find a solution that grew and scaled with her company. “When I switched over to Salesforce Essentials, I literally screamed with happiness in my home office! It’s definitely life changing. I never want to feel overwhelmed with my customer interactions. Rather, I want to feel aware and present,” says Houston-Jack. G Photography uses Salesforce Essentials to accelerate sales with a multi-touch work stream. With the standard sales dashboards in Salesforce Essentials, G Photography is able to keep all of her high priority deals, accounts and goals front-of-mind and never let these interactions fall through the cracks.</li><li><a href="https://podcasts.apple.com/us/podcast/mission-daily/id1382999024?mt=2"><strong>org</strong></a><strong>—&nbsp;</strong>Founded by CEO Chad Grills, his wife and COO Stephanie Postles, and Chief Content Officer Ian Faison, Mission.org brings stories and sponsors together to create high-quality podcasts and shows around evergreen business, tech, health and self-improvement topics. With just 10 employees, Mission.org turned on Salesforce Essentials to track their roster of guests, manage their sales pipeline and focus on the customer experience—whether in the office or working remotely from their phones. “Salesforce Essentials helps us prioritize customer service and growth. As a small business, it’s important to build trust with your customers while also making revenue predictable,” says Grills. Mission.org launched their first podcast in March of 2018, and now they operate a network of nine podcasts and a daily newsletter that reaches millions of business, tech and self-improvement fans.</li><li><a href="https://www.peptalkher.com/"><strong>PepTalkHer</strong></a><strong>—&nbsp;</strong>Founder and CEO Meggie Palmer wanted to find a way to help women supercharge their success and close the gender pay gap. She created the PepTalkHer App, a coach in your pocket that helps women track everyday career wins and provides data to back up pay raise and promotion conversations. As a small business owner who is always looking for ways to save time, Palmer needed a technology and automation system to do the work for her and keep track of leads and potential revenue, so she&nbsp; turned to Salesforce Essentials. “Salesforce allows us to have a central hub of all of our prospective and current clients so that we can effectively market to them, talk to them and sell to them now and also into the future,” said Palmer. The PepTalkHer team uses Salesforce every day to help grow their community and empower women to reach their full potential.</li></ul> &nbsp; <strong>Pricing and Availability</strong><ul><li>Instagram and YouTube are generally available today. Both are included in Salesforce Essentials at $25 per user, per month.</li><li>Facebook Messenger and chat are generally available today. Every Salesforce Essentials organization includes 1 license. Additional licenses can be purchased at $15 per user, per month.</li><li>Lightning Dialer for Essentials is generally available today in the U.S. and Canada at $2 per 100 minutes.</li></ul> &nbsp; <strong>Additional Information</strong><ul><li>Read the blog post about New Conversation Channels&nbsp;<a href="https://www.salesforce.com/blog/2019/07/building-for-small-business.html">here</a></li><li>Sign up for a free 14-day trial of Salesforce Essentials:&nbsp;<a href="https://www.salesforce.com/form/signup/freetrial-service-essentials.jsp">Salesforce Essentials trial</a></li><li>Learn more with Trailhead:&nbsp;<a href="https://trailhead.salesforce.com/en/content/learn/trails/discover_salesforce_essentials">Discover Salesforce Essentials</a></li></ul> &nbsp; <h1>The bigger Picture</h1> As I have written before, the enterprise CRM market is mainly saturated with a big opportunity being available in the SMB market, in particular at its small business end. Salesforce, as well as its main competition Microsoft, Oracle and SAP, is fighting to take advantage of this opportunity, although all of them have drifted into the enterprise market. At the same time the big CRM vendors – and some smaller ones, too – have evolved into platform players. For a view on what constitutes a platform have a look <a href="https://aheadcrm.blogspot.com/2018/08/clash-of-titans-platform-play.html">here</a>. A lot of the smaller vendors, like <a href="https://www.zoho.com/">Zoho</a> or <a href="https://www.freshworks.com/">Freshworks</a>, to name but a few important ones, are following similar strategies, but with a focus on the smaller businesses, businesses the tier one vendors struggle to attract. <h1>MyPoV and Analysis</h1> In summary, I am feeling lukewarm about Salesforce Essentials. Why? Read on … The big SMB challenge and opportunity lies in providing easy-to-use yet sophisticated enough solutions at an attractive price point. Small businesses usually are cash-strapped while at the same time not having the manpower to implement and operate a CRM system. On the other side they have essentially the same needs as larger businesses. Because of this, a CRM system that is attractive for SMBs needs to tick a number of boxes, chiefly amongst them: <ul><li>It needs to be easy to set up</li><li>It needs to be simple to operate</li><li>It needs to integrate well with the main communications channels</li><li>It needs to work for the users and not the other way round</li><li>Finally, it needs to be able to grow with the business</li></ul> Salesforce surely ticks a number of these boxes although I’d wish there was more automation out of the box, especially since these new features mainly support inbound interactions. But then, so does the main competition in the SMB market. It is important to offer integration into channels and to offer an overview about the conversations one had with a customer. On the other hand there are a good number of repetitive requests that could get handled by Einstein. By offering this as part of the Essentials offering, Salesforce would have one more strong value proposal. SMB specialists like Zoho and Freshworks are leveraging their chatbots and AI for this. Nimble is extremely strong in creating a customer record from various sources and in supporting outbound interactions. All of them are easily set up. The same holds true for the number of solutions that I didn’t even mention. The call centre solution, which I’d like to get a closer look into, is interesting. Still, I’d like to see in how far it ties into marketing, how it is possible to generate call lists using segmentation and to work on them, creating activities and so on, in general how a lead can be nurtured. Good as the Salesforce Essentials offering seems to be, what I am missing so far is the compelling reason, the why, apart from utilizing the strong brand. Maybe I just miss it, but looking at the main boxes that a CRM that is targeted at SMBs needs to tick, these are equally ticked by a good number of other vendors, especially those with or within a strong ecosystem. What do I mean with this? Salesforce Essentials works for the user as long as the user is within the application. However, users are often not within their CRM application but utilize other applications, while being in the need of CRM data. With enabling this, Nimble has a clear value proposition that sets the solution apart from the rest of SMB CRMs. Although Melissa Meli claims to get thousands of new customers per quarter, It might be helfpul for Salesforce to develop a strong USP for Salesforce Essentials, in addition to its strong brand presence – but still kudos for a job well done.</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 29 Jul 2019 07:00:27 -0400</pubDate></item><item><title><![CDATA[The Return of the Suite]]></title><link>https://www.aheadcrm.co.nz/blogs/post/the-return-of-the-suite</link><description><![CDATA[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 th ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_uBapDDrjRrKF6lH9xKXLHg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_4sWHjUfmSYy4Q5Wg3vp8Wg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_d0D1RD2qTruQ3DRkNiJU0A" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_loTgSUm6RIaHotW-F8mM5Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div>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: <ul><li>a technical platform</li><li>the ability of turning data into insight,</li><li>an ecosystem,</li><li>and productivity support.</li></ul> 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 (<a href="https://aheadcrm.blogspot.com/2018/08/clash-of-titans-platform-play.html">1</a>, <a href="https://aheadcrm.blogspot.com/2018/08/clash-of-titans-microsoft-and-sap-weigh.html">2</a>, <a href="https://aheadcrm.blogspot.com/2018/09/clash-of-titans-war-cry-oracle-and.html">3</a>, <a href="https://aheadcrm.blogspot.com/2018/10/clash-of-titans-iaas-platform-providers.html">4</a>). 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 <a href="https://www.freshworks.com/">Freshworks</a>, a company that was originally formed as Freshdesk. It has its origins in the customer service and ITSM areas and has increased its <a href="https://www.freshworks.com/products/">portfolio</a> 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: <ul><li>Zia, the virtual digital assistant</li><li>Process automation</li><li>Omni Channel</li><li>Unified analytics</li></ul> 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.</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 15 Jan 2019 11:06:36 -0500</pubDate></item><item><title><![CDATA[Clash of Titans - Platform Play]]></title><link>https://www.aheadcrm.co.nz/blogs/post/clash-of-titans-platform-play</link><description><![CDATA[A lot has evolved since my Clash of the Titans post that looked into how the big 4.5 (Microsoft, Oracle, Salesforce, SAP, and Adobe) and others are po ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_axEZ0EHyRHqDwzwRVxYBHQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_TNecwq54QQKSA0_7nOPvBA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_TVFAYXfAQz2UEAqY6-cvtQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_55eKHP19SZiKAdxj4Dc5IQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div>A lot has evolved since my <a href="https://aheadcrm.blogspot.com/2016/10/clash-of-titans.html">Clash of the Titans</a> post that looked into how the big 4.5 (Microsoft, Oracle, Salesforce, SAP, and Adobe) and others are positioning themselves and their platform in the greater CRM arena. First, the commoditization of the business application has accelerated and the vendors’ focus on the underlying platform has increased. CRM, and enterprise software in general, has always been a <a href="https://aheadcrm.blogspot.com/2018/02/customer-experience-is-platform-play.html">platform play</a> although this has not always been recognized and sometimes even negated. The obvious reason for it being a platform play is that the creation of positive customer and user experiences need a consistent technical platform. Or else we are ending up in engagements that are fragmented across interactions. This results in inconsistent and poor experiences. So far, so well known. A bit less obvious is the fact that there will be only few dominant platforms. Vendors, who want to become and stay successful on a grand scale need to be one of these few platform providers and attract partners and customers. This is the reason why I consult my customers that one of the very first IT strategy decisions that they need to take is the platform decision. As the article got a little longer this time and as I do not tend to write articles that are as long as dear friend Paull Greenberg’s (maybe I should consider to?) this revisit of the Clash of the Titans will become a two or three piece series, first covering the framework I want to use, the very definition of what I talk of when saying that CRM is a ‘platform play’. The subsequent articles then cover the big 4, thoughts about the big infrastructure providers, which are coincidently also 4, and maybe (yeah, it is not yet fully written) some words about one of the smaller and upcoming players. <h1>So, what is a platform?</h1> Of course all of the players that I mentioned above have their own definition of ‘platform’. So have other vendors that are tackling the SMB portion of the market rather than the saturated enterprise end of it. Most commonly, platform refers to both, infrastructure (IaaS) and functional, as well as development, (PaaS) platform. However, when talking about the (technical) platform I will concentrate more on the PaaS aspects although IaaS capabilities are crucial for every SaaS vendor; but then IaaS is a commodity in a multi cloud world, too. And we are not even in a pure cloud world, yet. Many organizations still choose to run essential applications in house. However, the platform that is needed to enable experiences at scale for organizations consists of more than IaaS and PaaS. Software vendors that want to be platform players need to be able to deliver on four areas to succeed: <ul><li>Platform (IaaS/PaaS)</li><li>Ecosystem</li><li>Insight</li><li>Productivity</li></ul><h1>The building blocks of enabling experiences</h1> There is more to being able to create an experience than just a technical platform. Apart from an appropriate, customer oriented strategy and a culture to match, I mean. <img class="wp-image-1625 size-full" src="http://www.epikonic.com/wp-content/uploads/Building-blocks-of-experience.png" alt="The Building Blocks of enabling Customer Experience" width="680" height="704"/> The Building Blocks of enabling Customer Experience &nbsp; <h2>Platform</h2> While the technical platform, in particular the development platform, is an important piece of the puzzle, it is not the only one. Probably not even the most important one. This platform holds and exposes the main capabilities that all enterprise software needs in order to be able to create a great experience: Analytics, integration, machine learning/AI, IoT services, blockchain, database access, security, to name just a few of the more important ones. The ability of organizations to innovate in fast cycles while maintaining a stable core is another one. <img class="wp-image-1624 size-full" src="http://www.epikonic.com/wp-content/uploads/Customer-Experience-Architecture.png" alt="Customer Experience Architecture" width="940" height="562"/> Customer Experience Architecture &nbsp; This platform is crucial for any customer experience architecture. So, why might there be something that is at least equally important? Because, apart from enabling the creation of own applications, the platform is only the foundation for scale. <h2>Ecosystem</h2> Being a platform player requires scale. This scale is achieved by building and nurturing an ecosystem of partners. These partners are developing more solutions; oher partners are implementing solutions across the ecosystem. To thrive, this ecosystem needs to be fair and transparent. Fair, in a sense that generated value is distributed in a way that distributes the value between the participants in a way that every partner feels treated fairly. This is very different from equal distribution. Transparent means that the ecosystem’s rules are clear, clearly understood and that adherence to them is visible for all parties. Not adhering to the rules leads to sanctions. A side condition is that the ecosystem must not be run on cost of the society that surrounds/embeds it. A thriving ecosystem is valuable for all three involved parties <ul><li>The vendor or provider of the ecosystem who participates in the transactions that are executed via the ecosystem.</li><li>The customers who will get more value for their specific challenges at a better price, which is a result of more competition in the ecosystem</li><li>The provider on the ecosystem who have a broader audience</li></ul><h2>Insight</h2> The third necessity for providing positive experiences is insight. Insight, not data! Also not information. Information is data in a context. Information is needed to generate insight. Insight is actionable information with the objective of achieving an outcome. Insight is what enables companies or individuals to turn raw data into actions that yield positive results for customers and therefore for themselves. But there is a simple truth: Not enough data – no insight! Although data is only the raw material that enables rational decision making, there needs to be access to plenty of different types of data to be able to generate insight. This data may be structured or unstructured, transactional or behavioural, etc. Data may be first party, second party, or third party data. Through the use of analytics, data can be turned into information and through the use of advanced analytics and AI into insight. The services to enable this are delivered via the PaaS part of the platform. <h2>Productivity</h2> Effective and efficient process automation where possible, combined with an efficient way for people to get their jobs done. This is what productivity is about. There are four types of collaboration and communication that need to be enabled: <ul><li>Human to human</li><li>Human to machine</li><li>Machine to human</li><li>Machine to machine</li></ul> Whatever the desired outcome, people need to be able to achieve it efficiently, with minimal friction, ideally their own way. Especially within a business, but also across businesses, people need to collaborate easily and efficiently. This requires a lot of tools, services, and a strong data sharing ability. It also requires people to interact with computers not in the computer way but the same way people interact. This is one of the main reasons for the rise of speech and voice interfaces. And efficient collaboration is not only necessary for people, but for interacting software systems as well; it is needed for an effective process automation. Hence the focus of the big software vendors – and not only theirs – in this quadruple play. But this is a topic for the next article, starting with the big 4. How do they stand, move, what are their strenghts and possibly their weaknesses. Stay tuned.</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 14 Aug 2018 10:52:43 -0400</pubDate></item><item><title><![CDATA[CRMEvolution 2018 - A Good-Bye, a Hello, and some not so random Thoughts]]></title><link>https://www.aheadcrm.co.nz/blogs/post/crmevolution-2018-a-good-bye-a-hello-and-some-not-so-random-thoughts</link><description><![CDATA[Just back home from CRMEvolution it is time to do a little recap on this year’s instance of the conference. This year the conference was co-chaired by ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_YG0uGhCCTO6M-UwTDYo3Vw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_se9XVIxiQxqcnLjidJVQ6g" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_H3X-DrafQC-IIK6zKxpgRA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_El9E4mIbR7SChpa7kiXEag" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div>Just back home from CRMEvolution it is time to do a little recap on this year’s instance of the conference. This year the conference was co-chaired by <a href="https://twitter.com/pgreenbe">Paul Greenberg</a> and <a href="https://twitter.com/brentleary">Brent Leary</a>, two of the most accomplished independent analysts and influencers around. And also two great persons! It is with a sad I that we see Paul saying good-bye to chairing the conference after 2018 but then Brent is likely to be a very good successor. It will be interesting to see where he will add his style, connections, and background to the conference. This year, we have seen an Amazon keynote for the first time, which I reckon is one of the first marks Brent set as a chair. <h1>CRM Evolution: The Main Themes</h1> This year there have been some main themes; none of them really surprising, if one follows the industry: It is all about people, not about technology. And in order to successfully get things done in the coming years people need to ‘unlearn’ a thing or two, in order to become open for solving challenges in the novel ways that are required. This point was already hammered down in Brian Solis’ opening keynote. Iteration (doing the same in a better way) doesn’t cut the mustard anymore. Thriving in future will require more innovation (doing new things) and increasingly disruption (doing new things that make the old ones obsolete). At the same time it is crucial to keep one’s audience in mind. AI, machine learning, and with it chat bots are taking centre stage. Customer as well as user engagement needs to be in real time and engagement needs to be frictionless across channels. People do not think in channels. They just communicate. This seamlessly leads to the next main theme: People communicate ideally using voice. This was made abundantly clear by Brent Leary in his session and also by the Amazon keynote featuring Cloud Connect, Amazon’s cloud based call centre, which heavily relies on AI services, including speech understanding and speech generation. Lastly, engagement, engagement, engagement. This was covered in various tracks under various names, and different levels of detail. The topic was covered by Brian Solis, or me as well as Paul Greenberg, or Brent Leary, and also was a major part of the closing sports panel, which to quite an extent was about how to effectively and efficiently interact with fans in order to improve their experience. Sports clubs have powerful means at their hands, which can be exciting – or outright creepy if not used wisely. <h1>My 3 Main Learnings</h1> Nice and brief: <ul><li>GDPR now becomes a topic across the planet. Coming into full effect on May 25, 2018, the regulation seems to make people nervous now. This confirmed earlier impressions that by far not every company feels (or is) well prepared.</li><li>Systems, now more than ever, need to help people, customers as well as employees, get their job done.</li><li>AI technologies are a big helper when it comes to overcoming the data problem that companies have. Humans do no more have the bandwidth to identify the needle in the haystack in the required reaction times. However, AIs are – and will continue to be for the foreseeable future – will not be able to get anywhere near human capabilities of hard problem solving. This means that there are very good avenues for combining human and machine strengths.</li></ul><h1>Final Impressions and Thoughts</h1> As usual this conference has been more of a networking event than a vendor event. CRM Magazine again managed to line up a number of great speakers, including <a href="https://twitter.com/briansolis">Brian Solis</a> as the main keynoter. There have been just too many great minds as speakers and attendees to name them all. They know, who they are. All of the sessions I attended were thought provoking and gave a vendor independent insight into their topic – apart from the equally valuable vendor sessions, that is. Also, as usual, the conference was co-located with SpeechTEK and Smart Customer Service. This year, <a href="https://aheadcrm.blogspot.de/2017/04/crm-evolution-2017-customer-experience.html">more than even last year</a>, I ask myself why there is a construct like this and whether these three conferences should actually get merged back into a single one. Customer Service is a part of CRM. This year’s CRM evolution was to quite an extent also about speech technology, digital assistants and smart speakers. Having said this, CRM Evolution was enlightening and fun, especially the interactive sessions, including the breakfast with influencers, the GDPR panel and the customary closing panel with sports executives. I haven’t got any numbers but my gut feeling is that the attendance of CRM evolution has been lower than last year with the overall attendance of the conferences having been about the same. However, what was very noticeable, was the small exhibition and the absence of some key sponsors. In 2017 we have seen Salesforce as a diamond sponsor, Microsoft along with SAP Hybris and Thunderhead as platinum sponsors plus nine gold sponsors. In 2018 we have seen Convergys as diamond and keynote lunch sponsor (2017 only keynote lunch sponsor), SAP Hybris and X2CRM as platinum sponsors, followed by 8 gold sponsors. No Salesforce. No Microsoft. SAP was not present with a booth on the exhibition floor, but was present with a good solution session, Gigya participation at the GDPR panel and some experts to talk to. In 2017 they had a big booth and interviewed a number of influencers and analysts <a href="https://www.youtube.com/watch?v=ZeMcvh9odgw">including myself</a> about various <a href="https://www.youtube.com/watch?v=ZeMcvh9odgw">interesting topics</a>. Salesforce was present with a number of analyst relations people, plus <a href="https://twitter.com/ValaAfshar">Vala Afshar</a>, their Chief Digital evangelist, and other ranking participation, including the GDPR panel. Thunderhead was available with executives, analyst relations and participating at the important GDPR panel. Other vendors I talked to did not see buyers at their booth. No wonder. CRM Evolution and its sister conferences are about thought leadership more than anything else. And the chairs of all three conferences have done a good job in attracting renowned speakers. Just look at the <a href="http://www.destinationcrm.com/Conferences/2018/SpeakerList.aspx">list</a>, I mean, it is incredible. Talking about booths: The exhibition has been the smallest that I have seen since I attend CRM Evolution. In my eyes CRM Evolution is one of the most important events of the year, because it is vendor independent. Yet my, and other attendees’ perception is, that there is something that needs to get changed in order to continue on the success of this conference. But what change would help advancing the conference? I cannot answer this question at the moment other than thinking that consulting companies might make a good audience for sponsorships, as many attendees do not seem to use the conference for software selection but rather for getting insight and advice. Having said all this: April 29 – May 1 are marked in my calendar. This is when CRM Evolution 2019 will take place. &nbsp;</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 16 Apr 2018 11:50:11 -0400</pubDate></item><item><title><![CDATA[Freshworks acquires Zarget - A Snap Analysis from Down Under]]></title><link>https://www.aheadcrm.co.nz/blogs/post/freshworks-acquires-zarget-snap-analysis</link><description><![CDATA[The News Freshworks on 29/08/2017 announced that it acquired Zarget , a conversion rate optimization software startup. With this being the ninth acquisi ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_bS1ixvwiSNOKVmMV6Ew_uA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_o-bqwka5SJu8sjCK5ymw_A" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_eDtwBy7QTLueTOGZH5KKig" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_vnFo-XfwR-uguGMuZHGe5w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><h1>The News</h1><a href="https://www.freshworks.com">Freshworks</a> on 29/08/2017 <a href="http://www.prweb.com/releases/2017/08/prweb14638780.htm">announced</a> that it acquired <a href="https://zarget.com">Zarget</a>, a conversion rate optimization software startup. With this being the ninth acquisition in about two years Freshworks is continuing to augment its development by adding missing functionality from outside while adding talent to the teams. Zarget’s software is helping marketers measuring and understanding how users interact with their websites, which is important information when it comes to assessing reasons for users not becoming customers. For Freshworks this acquisition also marks a first step to close the functional gap that marketing still is for them. With Freshworks founder and CEO Girish Mathrubootham having been an angel investor into Zarget this is also a natural choice. An interesting piece of information comes as a quote by Girish: “ At Freshworks, our ambition is to emerge as the de facto cloud-based business software platform for businesses of all sizes”. <h1>The Bigger Picture</h1> There are a couple of interesting facets to this acquisition. Freshworks, by virtue of its rebranding from Freshdesk, has made a bold statement that they are not striving to cover customer service only. This, of course, was clear earlier when looking at their range of products and solutions but this naming implies an ambition. I have <a href="https://aheadcrm.blogspot.de/2017/06/freshdesk-becomes-freshworks-snap.html">commented</a> on this this earlier. While they are still concentrating on the wider CRM area with <a href="https://aheadcrm.blogspot.de/2017/07/freshworks-acquires-bot-startup-joe.html">bot acquisitions</a>, a recent release of <a href="https://www.freshworks.com/applicant-tracking">Freshteam</a>, a CRM for recruiters, there is a tendency to divert into different areas. This time it is about starting to close a fundamental gap in Freshworks’ CRM offerings: So far there has virtually been no marketing functionality. Looking specifically at marketing software Freshworks looks slightly off the beaten path by not zeroing in on a-mail marketing, but are looking at web sites, which are still highly important, especially for SaaS software providers. More than in e-mails it is crucial to find out here what works and what not. And then there is Girish’s statement. So far Freshworks had a laser sharp focus on the smaller end of the SMB market. This market is estimated to be severely underserved by CRM software with e-mail and spread sheets being the main tools of the trade. So far I have seen them mainly following a strategy that is similar to Zoho. Apparently this has changed. “Companies of all sizes” now hints at the ambition of looking into tier 1 customers and entering the territories of the Salesforce’s, Microsoft’s, SAP’s and Oracle’s of this planet – not to mention another roster of smaller vendors. <h1>MyPoV and Advice</h1> Strengthening their marketing functionality is an important step for Freshworks. There is no CRM that does not cover all three pillars. I have said this a number of times, and am looking forward to what comes next. Data capturing is one thing, being able to automatically personalize and to set up multi channel campaigns based on it is yet another one. But the picture is getting rounder. Becoming the de-facto business software platform for businesses of all sizes is a bold vision and I’d recommend starting this from the S end of the market. All of the above mentioned companies have the same objective, and for good reasons. When going too bold the risk of getting disrupted by other companies is just too big. Look at how Salesforce rolled up the CRM market. Surely, with SaaS they had another business model than the incumbents, but Salesforce successfully attacked them from below. Or the other way round observe how Microsoft is currently clawing its way back to smaller companies, with the help of Nimble and lots of other partners. From a customer point of view there is a serious alternative to Zoho emerging, especially where fast sales cycles and great customer service requirements are involved. It is worthwhile having a look at Freshworks in this case. Regardless, it is also important go gain a good understanding of the strategy and road map.</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 30 Aug 2017 10:25:54 -0400</pubDate></item><item><title><![CDATA[Freshworks acquires Bot Startup Joe Hukum - A Snap Analysis from Down Under]]></title><link>https://www.aheadcrm.co.nz/blogs/post/freshworks-acquires-bot-startup-joe-hukum-snap-analysis</link><description><![CDATA[A few days ago Freshworks announced the acquisition of startup Joe Hukum , making it its eighth acquisition. Joe Hukum builds a chatbot platform that e ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_wRYFsQHdT6mXJcObCpUzlw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_5eUKt1gfTJSsL73sSJku7w" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_0sHJ7DBgRdevH8HZGK6nvw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_D7cQDkCcROe8eTIc88tiUA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div>A few days ago Freshworks announced the acquisition of startup <a href="http://www.joehukum.com">Joe Hukum</a>, making it its eighth acquisition. Joe Hukum builds a chatbot platform that enables companies to quickly build their own chatbots for sales-, service-, or marketing purposes. In contrast to the technologies built by Frilp (acquired October, 2015) and Chatimity (acquired October, 2016) that rely on NLP (Natural Language Processing, as opposed to Neuro-Linguistic Programming) technologies, these bots are built using a Decision Tree technology. In order to be able to provide more advanced speech recognition they can connect to services of the Stanford Natural Language Processing Group, <a href="https://wit.ai/">wit.ai</a>, or api.ai. The created bots can be connected to websites, apps, or Facebook. The <a href="http://www.prweb.com/releases/2017/07/prweb14527187.htm">press release</a> got published on July 20, 2017, but you can read it right here, before moving on to <a href="#_My_Take">My Take</a>. &nbsp; <strong>Freshworks acquires chatbot platform startup, Joe Hukum</strong><em>Company enhances capabilities to help businesses build and deploy bots &nbsp;</em> &nbsp; <strong>San Bruno, &nbsp;July 2017</strong> — Freshworks, the leading provider of cloud-based business software, today announced the acquisition of<a href="https://www.joehukum.com/"> Joe Hukum</a>, a platform that enables businesses to build their own chatbots based on logical workflows. This acquisition marks Freshworks’ eighth in just under two years, as it further bolsters capabilities to strengthen its business software suite. Freshworks had earlier acquired Chatimity and Frilp, key acquisitions that are enhancing neuro-linguistic programming (NLP) based Artificial Intelligence capabilities, while Joe Hukum’s decision tree based frameworks complete key capabilities to launch chatbot-powered solutions. Joe Hukum was founded in July 2015 by Arihant Jain, Ajeet Kushwaha, and Rahul Agarwal, who were the founding team behind two of India’s most prominent healthcare startups, HealthKart and 1mg. Joe Hukum’s technology is powered by a robust decision tree framework that automates sales, service, and support workflows, across various channels and user interfaces. The Joe Hukum team will be responsible for building bots on top of existing Freshworks products, enabling workflow automations for demand generation, knowledge management, and dynamic in-app self service. “We are seeing strong interest from our customers on how they want to leverage chatbots as they are looking for new ways to engage with customers on their web and mobile channels,” said Girish Mathrubootham, Founder and CEO of Freshworks. “As customer preferences shift from traditional phone tree based call center support, chatbots offer a new support experience, while essentially solving the age old challenge of triaging customer inquiries and routing that to the right support agent. These are still early days for chatbots, but Joe Hukum’s innovative team and technology will help our clients better engage and support their customers.” Consumers today spend the most amount of their time messaging, even more than what they do on social media. According to a Gartner report, by 2019, 40% of enterprises will be actively using chatbots to facilitate business processes using natural-language interactions. “Consumer behaviour is drastically changing, perhaps faster than technology can keep up. Having helped build a successful e-commerce company in India, I realized customers are constantly looking for simpler ways to engage with businesses and chatbots offered a simple, yet powerful way to address this need,” said Arihant Jain, Co-founder of Joe Hukum. “As a founder, I could not have asked for a better outcome for Joe Hukum. Being a part of Freshworks is super exciting for all of us as it gives us a platform that provides us scale and reach and impact hundreds of thousands of customers.&quot; Recently dubbed one of Forbes’ next billion-dollar startups, Freshworks has experienced an incredible year of growth. Each acquisition it makes not only brings new capabilities to the Freshworks suite of products but also brings intelligent and creative talent to the ever growing team. To learn more about Freshworks, please visit http://www.freshworks.com. &nbsp; <strong>About Freshworks</strong> Freshworks Inc. is the parent company behind the suite of products which includes Freshdesk, Freshservice, Freshsales and Freshcaller. The company’s suite of products is designed to work tightly together to increase collaboration and help teams better connect and communicate with their customers and co-workers. Founded in October 2010, Freshworks Inc. is backed by Accel, Tiger Global Management, CapitalG, and Sequoia Capital India. Freshworks has its HQ in San Bruno, California and global offices in India, UK, Australia, and Germany. The company's cloud-based suite of SaaS products is widely used by over 100,000 customers around the world including Honda, Bridgestone, Hugo Boss, University of Pennsylvania, Toshiba and Cisco. <h1>My Take</h1> Bots are here to stay (and improve). This acquisition is in my eyes an interesting move that focuses on the near term gain that bots can provide through automation of narrowly focusing on specific topics. The decision tree technology that Joe Hukum provides gives exactly that. The customer provides a workflow chart or decision matrix, which then gets converted into a bot. This makes for easy configuration and likely also configurability. Decision tree technology is also more mature than other, AI based, technologies, but it takes a lot of the machine learning out of the picture. This is not necessarily a bad thing for adoption, but also have a look at the concerns below. Acquiring Joe Hukum describes a natural evolution after having acquired chat- and collaboration platforms and technologies in the past. Now Freshworks has gained the ability to improve process automation on their backs – along with another chat platform to consolidate. However, it ties neatly into Freshdesk as well as Freshsales, more importantly also on the channels that humans use. I do see some immediate use cases in lead capturing to conversion processes due to engaging into conversations and in the support area by using bots as the first level of engagement by making them the front end to FAQs. On the concerns side this acquisition is focusing rather on automation and optimization than on customer experience since, judging by the presented flows, there is an IVR-like guidance of the customer, instead of following the user’s flow. On the other hand even companies focusing on speech recognition for long times like <a href="https://aheadcrm.blogspot.de/2017/03/dru-assist-customer-experience.html">Nuance Technology</a> have a hard time with intent detection and the proper reaction to this intent. But then Nuance is focusing on (dynamic) decision trees, too. Another concern could be the reliance on third party speech recognition that Joe Hukum has. While this is inevitable when starting a solution fast speech recognition, and increasingly –generation, will become a core technology that will permeate business- and other applications in a world that moves to ambient computing. But here the technologies acquired earlier should be of help in this area.</div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 25 Jul 2017 10:20:52 -0400</pubDate></item></channel></rss>