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Doing Business in a Big Data World

Strategy Driven

New technologies : The consistency and predictability of structured data is what gave rise to today’s centralized IT departments – running SQL/Relational Database Management Systems, and ERP and CRM software. Unstructured data is very different. FREE StrategyDriven Trial Membership.

CIO 50
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How to Compete When IT Is Abundant

Harvard Business Review

Carr predicted that an organization''s ability to compete through investing in information technology was about to change dramatically. The IT boom of the 1980s and early ''90s had brought information technology to the corporate masses, unleashing the first full-scale technology revolution in the enterprise.

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Free Customers Are More Valuable than Captive Ones

Harvard Business Review

That's what Craig Burton once said to a clueless marketing officer at a meeting we both attended a few years back. It also comes to mind every time I hear unwanted surveillance of customers rationalized for marketing purposes, or how Big Data lets a company know a customer better than she knows herself. Independence from vendors; and.

CRM 15
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Meet Your Company's New Chief Customer Officer

Harvard Business Review

This practice, which is largely the evolution of database marketing, has become a critical driver of business strategy for global organizations in nearly every industry and vertical, because it supports decisions with data. In this way, CI's value extends well beyond the marketing organization. Why E-mail Marketing Is King.

Company 14
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Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business Review

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. System Development Time. First, there is the time required to develop AI systems.

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Companies Are Reimagining Business Processes with Algorithms

Harvard Business Review

In the early 1990s, executives and managers welcomed information technology — databases, PC workstations, and automated systems — into their offices. Managers noted historical trends and revised processes, and engineers developed code that was then baked into computing systems. times more likely to convert.

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7 Ways to Introduce AI into Your Organization

Harvard Business Review

If you’re already using Salesforce CRM offerings and want to ease into smarter processes for sales, marketing, and service, this seems like one of the easiest ways to do it. Some other CRM companies like Customer Matrix were founded with the idea of combining cognitive tools with customer transactional capabilities.