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Every industry needs a different solution to address a process that is unique
 
Gerald Prabhu Co-Founder and Chief Marketing Officer, CDC CRM Solution
 
Rachna Gupta
 
Wednesday, April 15, 2009

 

Tell us about Pivotal CRM, which is being offered by CDC Software. What are the CRMs that are classified under this group?
Pivotal CRM delivers customer relationship management solution and has the flexibility to conform to the customers' way of doing business. It delivers a custom fit that enables them to capitalize on their unique business processes and create an experience that the customer desires. Its footprint covers sales, marketing, service automation, partner management, analytics, call scripting and mobile CRM.

Which micro verticals are covered under your offering?
The micro verticals that we cover as a part of our offering are private banking/wealth management, commercial banking/treasury, investment banking, retail asset management, wholesale asset management, life insurance, health insurance, manufacturing of medical devices, legal services, general insurance, packaged food, high-end retail and real estate.

CRMs are also used to manage smaller customer base, such as wealth management and high-end retailing. This is because the focus here is to understand and capture customer's requirements, behavioral patterns, likes and dislikes, and therefore modeling a process to ensure customer delight and increased revenue.

What is the latest development on the CRM front, especially in the Indian market?
The latest trends in CRM are the adoption of mobile CRM and extending the CRM to xRM. Most customers who are facing processes, not directly mapped to the traditional CRM concept of sales service and marketing are now being considered as candidates for adoption a CRM solution, thereby extending it into xRM. CRM systems are built with a flexible process engine that can be used to define the processes, which also take advantage of the information capturing and relationship mapping capabilities.

What is the go-to-market strategy in marketing CRM solutions?
In India, we are looking at addressing the market directly and through partners with a focus on enabling the partners to sell and implement the solution. We would not only stick to traditional sales, service and marketing but would also like to be an xRm player in order to be present in processes that our customers are facing.

We are looking at a range of partners in India, which include systems integrators, who we would leverage heavily in addressing large opportunities and also the government sector, which is one of the key focus areas for us this year.

Most CRM software vendors stress that a successful CRM effort requires a holistic approach. How do you address this challenge?
Our approach to successful CRM deployment is slightly different from the others. We do not believe in 'one size fits all', meaning that every industry needs a different solution to address a process that is unique.

We encourage companies to start small and grow. This approach will have a greater chance of success as change in small amounts can be controlled. Hence, while evaluating any CRM, I would advise customers to consider CRMs that are modular, which can adopt to their processes easily and which is scalable to their growth requirements.

Rachna Gupta
rachnag@cybermedia.co.in

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