In recent years, contemporary businesses have shifted their focus from ‘mere transactions’ to ‘lifelong relationships’. That’s why the real assets of successful businesses are winning CRM strategies that break the mould.
A good CRM strategy is one that perfectly aligns business goals with customer expectations to create lifetime value for both. It entails all activities & efforts your business must take to acquire and retain customers through active engagement.
A business plan is defined as a comprehensive document that contains and describes the operational and financial goals and objectives. A business plan can be described as the roadmap to help a company plan and track future organizational success. Studies show that businesses with a formal business plan have a 30% greater chance of growth in sales.
Smart school management systems are a specific type of ERP (enterprise resource planning) tool with various features and tools that can help assist a school’s day to day administrative and educational tasks.
Cloud-based smart school management systems can help facilitate open and effective communication of academic and administrative data. This can further help improve the overall productivity of institutional administrators, teachers and students. Additionally, it also helps your educational institution collect and organise more analytical student data. And in the end, you can provide a better overall learning experience in your smart school.
In today’s digital economy, businesses are capitalizing on unique applications and software that connect people with business in a distinct manner. The technology that is facilitating this advancement is low-code. A low-code platform is an application development system that enables people to rapidly deliver applications with minimal coding.
Building apps with low-code does not require extensive training and saves developers a lot of time. The many attractive benefits of low-code are resulting in its swiftly growing popularity. It is no wonder that predictions say that by 2024 low-code will be responsible for more than 65% of application development activity.
With the surge of globalization and increasing competition in all industries, the sales sector is no less than a battlefield. Creating leads and closing deals is more challenging than ever. Salespeople hence need a systematic, scientific approach towards sales pitches.
Sales battle cards are a particular type of internal organizational documents that provide the sales agents with the information they need to close sales. They are a concise compilation of high-value data and information that can help your company’s sales and marketing representatives understand competing products and services. Studies show that 89.5% of consumers want an assisted purchase experience and usually conduct their research before making purchasing decisions.
Over the past few years, smart cities have dominated conversations revolving around revolutionizing economic growth, local geographical development accessibility. But even with global spendings on smart cities exceeding massive figures like 608 billion USD, the exact meaning of smart cities is still unknown to many.
A smart city is a regional area that uses electronic and technology-based infrastructure such as information and communication technology (ICT) to collect real-time data and insights, provide certain important services, and solve city problems.
Smart cities are also used to improve the city’s day to day operations, such as public transportation, power and water supply, and sanitation systems. Using this data, the local government can then make informed decisions on creating effective solutions to rectify these prevailing city problems. Read more
In today’s competitive market, it is vital to provide your customers with an excellent and unparalleled user experience. Maintaining good customer relationships requires both man and technological power as recording, managing and utilising customer information effectively can be cumbersome if done manually. This is where CRM software come into play. The digital age calls for automation of office-processes and tracking and CRM software providers enable that in the customer-service sector.
CRM (Customer Relationship Management) is a type of software that allows for client data to be recorded and displayed methodically. It allows this valuable and critical information to be available across your organization. CRM software, a popular management tool is said to have an average ROI of $8.71 for every dollar invested. Read more
Business process management is a vital component of all business operation procedures. It’s crucial to companies for automation, modulation, and optimization of workflows and business activities. According to Forbes magazine, companies lose around 20% to 30% of their revenue due to ineffective processes. A standardised modelling solution is hence needed to save businesses from crashing. This is where BPMN comes in.
Business Process Model and Notation (BPMN) is a standardised flow chart representation method that visually depicts the sequence of a planned process. It is a powerful tool that aids business process management and makes interdisciplinary coordination easier. It communicates everything from messaging-flow between participants to varied tasks for the members involved. BPMN is the base for business process diagrams (BPD). Read more
IoT or Internet of Things is giving a ‘smart touch’ to every entity around us. Be it the smart-watches on our wrist or smartphones in our pockets, IoT solutions have revolutionized our living. Anything that can be connected, will eventually be connected. The technology with ultimate precision is expanding at an incredible pace. When sooner the technology will be merged with other excellent technologies like Artificial Intelligence and Machine Learning, it is bound to deliver tremendous success.
While IoT solutions are splendidly blending in our lives, it has a lot to give to your business as well. Every single aspect in the business vertical is equally important, and thereby it is extremely crucial to keep them connected, and only IoT with its vivid applications has the potential to do so. Recording and transferring data, monitoring processes, providing significant insights, boosting efficiency, and whatnot, IoT will definitely flip the current working face of your business.
The IoT market- which includes hardware, software, system integration, and data and telecom services is expected to grow to $520 billion by 2021.
The moment you are reading this sentence, over 127 new devices connected to the internet. Such is the magnanimity of the technological world that creates opportunities for development in almost every sector. The Internet of Things is taking the world by storm and the benefits that follow own a multitude of aspects. Confining the discussion to the industrial manufacturing sector, we have seen tremendous growth in the past few years, and a bright future ahead smiles upon us. Read more
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