The document outlines IDC's social business predictions for 2014. Key predictions include communities becoming critical across enterprise functions beyond just peer support; ESNs becoming the platform for better business decisions through sense and respond models connecting data, devices, and people; and the emergence of true customer experience capabilities as companies leverage connected apps and communities. Open platforms and simplifying solutions are seen as essential for socializing all applications and integrating marketing tools.
2. Who Are We??
IDC Social Business Predictions Webinar
Michael
Fauscette, GVP
Software Business
Solutions
@mfauscette
Vanessa Thompson,
Research Manager,
ESN and
Collaborative Tech
@vanessathomps
Mary Wardley, PVP
Apps, CRM and CX
@mwardley
Lisa Rowan, RVP,
HR and Talent
Mangement Services
@lisarowan
2
4. Top Trends
• Enterprise Social Networks expanding to reach and connect inside out and
outside in – APIs – connecting people, data and things
• From Social Applications to Applications that are Social – embedding social
into everything (round two) – the “next generation platform”
• True customer experience – connected apps and experiences
• Collision of analytics and social – making better business decisions
• Community continues to expand across multiple enterprise use cases –
innovation management, marketing, service, sales, partner management
and enablement, etc.
4
5. Social Business Predictions
1.
The use of community platforms moves beyond peer to peer support as
more businesses start to leverage communities across a variety of
enterprise functions
2. Market consolidation in digital marketing arena will continue but we are 3
years away from a comprehensive cloud – CMO in driver‟s seat
3. ESN becomes the platform for making better business decisions – sense
and respond models
4. SAP and/or Oracle will acquire a community vendor
5. ESN are becoming a platform for killing data / organizational / application
silos – open is a critical feature
6. 2014 is the year for Employee Experience
7. Embedding social functionality reaches 2nd generation of maturity
8. Changing business models help drive social workflow and innovation
9. This year we expect to see the emergence of a 'true' customer experience
capabilities - pressure forces emergence of „connected experience‟
10. Connecting assets to people and the social network – New ways to
leverage sensor data and the ESN platform to drive automation and better
decisions.
12. 2nd Generation of Social in Applications and
Platforms
Personal
Cloud
Sales
Intelligence
Performance
Idea Sourcing
In the Cloud
Next Generation Platform
Transaction – Decision - Relationship
Customer
Service
Procurement
Copyright 2013 IDC
Field
Support
16. Essential Guidance
•
Open is the key for socializing all applications
•
Vendors must simplify and integrate solutions for the new marketing organization to
be successful
•
Employers and vendors stop focusing on employee engagement and focus on
employee experience instead
•
The ESN is the key platform for building a better decision model for businesses.
Connect data, connected devices and people in real time for a sense and respond
model.
•
The community platform is the underpinning for all of the other social business
initiatives for employees, partners and customers. The customer community is an
essential tool for the next generation of support / service, marketing and sales (in
other words, it‟s essential for driving a successful CX strategy).
17. Thank You
Michael
Fauscette, GVP
Software Business
Solutions
@mfauscette
Vanessa
Thompson, Research
Manager, ESN and
Collaborative Tech
@vanessathomps
Mary Wardley, PVP
Apps, CRM and CX
@mwardley
Lisa
Rowan, RVP, HR and
Talent Mangement
Services
@lisarowan
17
18. Social Business Predictions
1.
The use of community platforms moves beyond peer to peer support as
more businesses start to leverage communities across a variety of
enterprise functions
2. CMOs / businesses continue to struggle with assembling a digital
marketing suite out of a multitude of fragmented and incompatible apps.
3. ESN becomes the platform for making better business decisions – sense
and respond models
4. SAP and/or Oracle will acquire a community vendor
5. ESN are becoming a platform for killing data / organizational / application
silos – open is a critical feature
6. 2014 is the year for Employee Experience
7. Embedding social functionality reaches 2nd generation of maturity
8. Changing business models help drive social workflow and innovation
9. This year we expect to see the emergence of a 'true' customer experience
capabilities from many companies as we start to drive CX enabled through
connected apps and devices plus leveraging the power of community.
10. Connecting assets to people and the social network – New ways to
leverage sensor data and the ESN platform to drive automation and better
decisions.
Notas do Editor
MF
MF / all
Photos.com #124030220 MAW CMO - Digital - inbound issues - continue to struggle with assembling a digital marketing suite out of a multitude of fragmented and incompatible appsMarketing channel proliferation is outpacing solution consolidationBuyers move seamlessly between devices, locations, sources, and modes (inbound/ outbound) and expect vendors to follow.But there is no single platform to deliver seamless brand experiences … yetMarket consolidation and vendor competition heats up as suppliers attack marketing space over fragmented digital marketing suite to woo the CMO
MF / VT
MF
VT With ESN as a platform exposing the right level of API's gives extended benefits both back to the ESN and the business. API as a distribution channel = wider reach 3rd Party innovation - external collaboration and building partnersLock in - when API's become part of another company's business process it becomes sticky, extending business value.
LR
MF
VTObvious example, Netflix Robyn Wright GG win for actress in a TV series, with the series produced by Netflix. The fundamental change is the focus on giving consumers a better video viewing service — rather than about preserving an antiquated source of profits. Shift from DVD mail to online streaming where the company developed the skills to win in online streaming, through Content (albeit there was a transition phase with up to 60% rate increases). The changes in communities, ESN as an embedded platform and exposing API's are really just building blocks to enable a company to change the way they operate and the way they manage innovation. Developing the skills to execute alongside this changing platform is equally as important.
MAWCustomer, employee and partner experiences are disconnectedIsolated applications are handling discrete functions When connected – no facility for monitoring, closed-loop insight or automated process changeCustomers are the ones putting the experiences together at the point of completion – not necessarily with a positive outcome