Calculating the Total Cost of Ownership of your Software

Cloud computing is becoming more and more popular in enterprise software. As a result, more buyers are comparing Cloud-based systems against traditional on-premise ones. One of the most important factors to consider when deciding on a deployment model, among many others, is cost. However, on-premise vs. software as a service (SaaS) comparisons can be a difficult a time-consuming task.

Many buyers already know the major difference between the licenses: on-premise licenses are purchased with a large, upfront investment; Cloud-based systems are licensed for a relatively lower subscription price. But often, buyers do not consider other key factors beyond licensing, and thus do not have full understanding of what their total cost of ownership (TCO) will be for a software investment. For instance, the need to customize your software and integrate it with existing applications can have a significant impact on the total cost of your software.

When broken down even further, we can see that comparing costs of on-premise and Cloud software is a complex process that must consider a multitude of elements.

Derek Singleton of Software Advice recently worked on finding a way to help buyers calculate their TCO of their software investment–and to take a little bit of the hassle and confusion out of it. So, he put together an interactive TCO calculator for software buyers to use as a tool to compare SaaS and on-premise costs for a 10-year ownership period.

The calculator is pre-populated with the data for an example situation, but users’ inputs will override those values and show how each change alters the outcome of the total cost, and a graph at the top of the page updates to reflect that. With this tool, users can insert the cost data provided by software vendors and find out where the TCO of a Cloud-based system will that of an on-premise system, which is modeled on a yearly and cummulative basis.

While there are many individualized, specific possible factors that the calculator does not account for (e.g. the cost of employing an internal IT team), the “Other” category allows users to calculate any additional considerations they may have. Of course, the calculator cannot produce an exact figure for any particular business, but it helps give users a ballpark estimate of what their costs would be. Check it out here: http://www.softwareadvice.com/tco/.

Lead Generation

Just read an article by Jim Dickie, a partner at CIO Insights. Jim discussed the connection of technology to lead generation, nurturing and sales.

The article indicated that email marketing is still the largest lead generation tactic being used industry wide. Sure, we as consumers may blast away emails at a pace we’d swat mosquitoes in the everglades on a warm day, but we still act on emails. We frequently end up purchasing something due to an email we happened to “see” and blast in one stroke. This article made me think of a recent personal example.

I recall seeing an email regarding training library access. Those kind where you can learn a new programming language in 24 hours: yeah, sure you can! Anyway, I was asked by a family member what I would like for Christmas. Being the type that has everything I really need and I have little wants, that is one of the most difficult questions to have to answer. I thought of the emails and the libraries. I did have a curiosity and would enjoy access to the video learning tools for a year. But, I had blasted that email and likely the couple that followed it. I searched for it in my CRM history (although it really shouldn’t have been there anyway). I searched in my Google Mail. I continued searching to no avail. So, as you can see, those emails worked. They raised my awareness, they likely made me “want” to have the product.

So as businesses trying to reach prospects and customers, how do we ensure that people that promptly deleted our emails can still get to us when they realize, as I did, that the blaster finger was faster than the brain synapses? The likely answer is to ensure that we include recognizable items or words for the human eye and brain, those that might make our businesses unique. Then ensure that our web search terms will allow people to find that same email content somewhere when searching as I did.

In my case, I think I found the site but when I finally got there I was frustrated and the moment had passed. No sale was made as I did not share the link after all of that.

So, was I really a prospect?

Can Cloud-Based Software Do What On-Premise Software Does?

Cloud-based software has most of the features your on-premise software has.  But unlike on-premise products, there are many features available as low cost add-on’s. Many times, the features have increased capabilities compared to those available with on-premise software.

In today’s web connected world, with API’s (Application Programmers Interface) and other connected software, we’re able to make systems as quickly as we built Lego cities in the past. Most functions a company would need can be assembled from one or more vendors.  What is different is that in today’s web world most packages do not provide all the features you might need.  But, with the ease of connecting packages, you will get a more competent and capable system than you could traditionally get with on-premise software.  And, of course, the costs can be much lower.

So can a cloud-based product do what an on-premise product does?

If you’ve ever used software at all, you already know there’s no one product in the cloud or on-premise that does everything.  But, you’re more likely to be able to get all the features you need by working with cloud-based products.  If your primary software doesn’t provide the feature you need you will connect one that does.

One of the feature sets that is expected in today’s mobile world is full mobile access to the sales and customer information from the smart phone or tablet.  With the on-premise products, that usually means more expensive add-on modules or hardware firewalls and so on – a bit daunting.  With cloud-based, that connectivity is pretty much a given, a base functional module.  With SugarCRM, ZohoCRM and Nimble you have a full set of those features included.  Imagine sending your e-mail out of SugarCRM or Google and having that available on your telephone, your iPad, your desktop, back at the office,  and available anywhere and everywhere.  Our expectations are do the job once and reference as many times as we need.  No more double entry systems!

Can your cloud-based product provide you with full featured Contact Management?

Lets begin by clarifying what Contact Management and Customer Relationship Management (CRM) is.  Contact Management is having phone numbers, e-mails, documentation, pictures, recordings, all information about a prospect or client available at your fingertips when you want it,  where you want it, every time.  CRM is using that information to develop relationships not really to manage the customer.  Remember, people purchase from those they trust, know and like.  By using the data in the CRM system to develop meaningful relationships, you will likely increase that trust and help them get to know you.  The like part is totally up to them and the way you operate.

As cloud-based products give you the ability of  having access from your phone, from your iPad, your desktop and laptop, you no longer have any reason to not add information on a whim or as you sip a coffee.  As you think of things meaningful to you and your client, you add that information to the system so you can extend that relationship beyond just the old product literature methods.

Can my cloud-based product do better than my on-premise product in reference to creating proposals and communicating those proposals?

Yes, it can!

Imagine creating your quote/proposal while enjoying the sound of the ocean!  Using software that you can access from anywhere, this can be reality for you and your team.   Well, maybe not everyone!   Create that proposal, send it via e-mail as an attachment immediately to the customer or prospect.

Get feedback, within moments, make any revisions and complete the transaction within the time it used to take to print.

Using a service such as Quote Valet, that proposal can be reviewed by the customer, agreed to purchase and the purchase totally completed within the cloud-based services you are using.  No longer is there a mailing or delivery of paper needed.  No longer is there an accounting detour, you and your client can get on with the job at hand.

Can cloud-based software do what an on-premise product does?

Well, you have to answer that but we welcome the opportunity to speak with you to assist in formulating your answer.

Can cloud-based products do what on-premise products do?  You bet! And then some!

Curious?  Give us a call at TeamAutomation.

How Will I Use Cloud-Based Software in My Business and Will It Be an Improvement?

Using cloud-based software in your business is a benefit to most and a cost saving to even more.  Using cloud-based software means not installing software on your servers or your workstation or your laptop.

It gives you access to your information from pretty much anywhere in the world, of course, you must have an internet connection.

The benefit of using cloud-based software is having that access at anytime, from anywhere, for any reason.  No more waiting for a connection to a server to occur, loading up VPNs, remote desktops, remote access software.  Your information will be available to you at the click of a mouse or the stroke of a pad.

Using cloud-based software from your laptop at home, or your desktop at home, or somewhere else out on the road, is very handy as it allows access to the same information from all points and it saves time and money.  Gets jobs done with efficiency.

An additional benefit is the ability to pop open your iPad and access your product without even waiting for that 60-120 seconds waiting for your desktop or laptop every time you want do something.  It’s there; immediate on; immediate productivity!

Can you guess how much time you will gain for yourself by utilizing these small chunks of time?  Did you know that according to Google Answers:

According to efficiency experts, the average computer user spends 9
minutes every day waiting for files and web screens to download.

That’s everyday!  That’s 1.25 hours per week!  You can crank out a couple of emails in that amount of time, or work on a project outline.  Want to feel how much time that is?  Just set an alarm for 9 minutes from now on your smartphone, then sit back upright, get comfortable, now close your eyes and see if you can keep them closed for 9 minutes.  When, and if, you complete the exercise, you will have a different appreciation of 9 minutes.

Imagine having the ability to find phone numbers, write e-mails, listen to voice-mails, read documents and follow-up on important activities while waiting for a train, plane or taxi.

Will your business being improved?  You bet!

By being able to respond immediately with full information and keep your team and others involved, you’ll have sleeker operations and faster deal time from introduction to completion of your deals, the time frame can be shrunken from days to sometimes minutes.

Will your business be improved?  You bet!

Imagine the cost savings of not buying $5,000-$10,000 servers; not buying high-end machines to crank through software that’s installed on the workstation itself.

Your team will be quick, fast and one of hidden benefits is by having by access anywhere, everywhere, always,  your team will essentially work for free, they’ll do it without being asked to.  They’ll enjoy the tools you have provided with the convenience to get their job done without the “work” part.

So, in the cloud, or on your software or on your service?  Choice is yours.

Some people are worried about security and data access, where the information is stored and so on.  In yesteryear that was a concern.  In this year, now, almost everything we do is impacted by the cloud.

You watch television at night ?  You’re coming out of the cloud with that, and I’m not talking over the air, I’m talking cable.

Listening to this or reading this post?  You’re coming through the cloud as well.  Our blogs are in the cloud.

When’s the last time you shopped online?  Bought online?

Even if you are one of those concerned about data in the cloud, I suspect its been less than 24 hours since you did online banking or purchased something with a credit card at a department or grocery store.  I also suspect you understand that all those financial transactions are transmitted over a cloud connection!  So really, is cloud not an everyday event that you’re already participating in?

Considering a system change?  Considering cloud-based services?  Let us know what we can do to assist.

Questions You Should Hear From Your Service Provider

As you hire a new service provider for your business and operations development initiatives, you need to be confident that your provider has your business at the top of mind. To show this, your provider should be asking your organization the following clearly and early:

  • Who will be THE focal point of official directives?
  • Who is your project internal manager?
  • How accessible will your program/project manager be to the providers staff?
  • How often are the project review meetings and will they be on site or web conferences?
  • Shall the service organization make design decisions with or without the approval of your project manager?

[Read more...]

Moving CRM to the Cloud (and back)

Recently we’ve moved our sales and services group to the cloud.  In fact a few clouds!  Yes, we’ve got a complete souffle of clouds.  As our clients know, we’re a solution provider.  Being a true solution provider means you need to understand a wide array of products and techniques. Really, a solution provider needs to know first hand how it feels to make that transition.  Software is available in many types and can be molded if necessary but the services must be right on the spot.     So, we felt that it was necessary, to experience it from many angles and to be in at least a few of our cloud based offerings, not just one as we had done in the past.

But, what an undertaking that is.  We’ve determined that our long term production system will be SugarCRM backing that up with a Zoho CRM instance and finally, for Social CRM (sCRM) our founder will utilize Nimble. These systems will be integrated at our point of reference.  Be advised though, we would not recommend so many at once for any organization.

So some might ask, WHY?  Why are you doing what sounds so silly then?

Let me clarify.  It’s to your benefit that we would do this silly project.  We felt that our recommendations needed to be the ultimate in flexibility and configurability to meet your demands.  So, we knew that we would need only the highest quality products to work with and recommend.  Our journey continued and we had many considerations to evaluate.  Given that our clients might need to be able to keep their data internal on in-house servers for compliance requirements, we felt we should experience  a cloud to on-premise project.  We chose SugarCRM as our obvious choice. We ran SugarCRM on-demand (meaning cloud), we then moved it to our local servers and ran for a while.  Then we chose to put it back to the cloud for our business.  We’ve done many on-premise to cloud conversions but going in reverse can certainly be a challenge.  SugarCRM is one of the few CRM products available on the market that allows this flexibility.  If you are looking to have an in-house CRM system on your own servers, for your comfort or compliance needs, SugarCRM is an excellent choice.  With SugarCRM there are no additional product costs to bringing the software to your server.

Next we felt that a number of clients may just want an “out of the box” cloud based system.  One that has some customizing flexibility but doesn’t require it.  Visual appeal can play heavily with some clients moving from the older CRM systems to cloud based systems.  To meet the flexibility, user friendliness and visual appeal, we chose Zoho CRM.  Zoho provides a complete suite of products from CRM to remote support and bookkeeping modules.  Our services focus on the CRM as you might imagine (we’ve been CRM for 23 years).

Finally but certainly not least, our most successful clients will require, in fact, demand strong real-time social media tools and abilities.  If your business development person is spending more than 30-60 minutes a day monitoring and participating in the social conversations, you’ll really appreciate the Nimble product.  Many of our customers used older CRM systems that we also utilized for many years; back in the mining days (ha) and before riding the range, you get the product name right?  The founder of Nimble sCRM is Jon Ferarra, the founder of GoldMine Software Inc – a market leader in CRM 10 years ago.  Jon’s team at Nimble has done a great job of integrating social with CRM.  As was mentioned earlier, our founder spends most of his day in Nimble, the social media customer relationship manager tool for the new business developer.

Many prospects and clients ask, “Is my data safe in the cloud?  I don’t want my data in the cloud, there’s all the security contacts….”  Our answer to that is, “you do banking online right?” , “you purchase goods over the wire, right?”  Well if you are willing to make deposits and transfers of your life funds, then why would you not feel comfortable allowing your contacts and business associates to access data in the cloud?

As you can see, there are reasons for each tool in business.  We are here to assist should you need guidance with your journey to the cloud based business system.

Let us know how we might help.

 

 

Definition of Social per Gartner

Social CRM -  Gartner defines social CRM as a business strategy that mutually benefits cloud-based communities and businesses by fostering engagements, while generating opportunities for sales, marketing and customer service. Social CRM applications are used by sales, marketing and customer service organizations to engage customers or prospects along any CRM process. They may engage customers to co-develop new products or services, generate brand awareness, aid information gathering and evaluation decisions, offer price comparisons, assist in the selling process, enable peer-to-peer customer support or in marketing support for post-purchase dissonance. Social CRM applications have internal- and external-company users, and they can be public or private, outsourced or hosted, and can make connections to independent communities and social networks, such as patient groups or Facebook.

Social systems - describe the context for the way everyone works. Social systems emerge from the people, processes, tools, organizations, relationships, skills and information associated with a group of individuals.

Social computing - describes an approach to IT whereby individuals tailor information-based collaborative technologies to support the way they work.

Social networking – describes the use of online services, such as Facebook, for participants to share information and interact with others. It is a subset of social computing.

Zoho and SugarCRM use Google Drive – but you have Dropbox

Recently, a client began using Zoho CRM and needed to connect it to DropBox as she had been using DropBox for offsite storage and availability. Many online cloud CRM systems utilize Google Drive as the standard. Unfortunately, Zoho (and SugarCRM) use only desktop, internal documents and Google Drive.

One of the action items I had from our weekly consultation was to advise how or if Dropbox is connectable as a link source in Zoho CRM. Dropbox itself does not have a direct connection to Zoho CRM, nor to SugarCRM. But, there is still a way to use DropBox with ZohoCRM, SugarCRM and others.

Connect your local DropBox folder with the local Google Drive folder both on your local workstation and you have it done. By making this connection, any files you store into DropBox on your workstation will be available from the Google Drive utility and therefore in ZohoCRM as well as SugarCRM and any others you might use that standardized around Google Drive.

For most users, Google drive (aka Google Docs) is available for free (up to 5gb of storage) or as part of the Google Apps packages. If you are using Google Apps your system administrator may need to make it accessible.

To accomplish this:

*** These instructions assume DropBox is already installed and functional. ***

  1. Install Google Drive on your local machine; do that by going to Google.com, log in to your Google mail account; Choose Drive from the menus at the top of your browser window.
  2. Once Google Drive is installed, you will need to locate the folder you just created for Google Drive. Create a new folder in Google Drive called DropBox. [Read more...]

Nimble 2.5 is HERE

What’s New in Nimble

The latest Nimble release was designed entirely with customer engagement in mind and is the first social selling platform that empowers companies to nurture their customers through social listening and engagement, helping them turn their social communities into customers for life.

Nimble’s new version gives social businesses a competitive edge by integrating social discovery, engagement and collaboration.

Social Discovery

Nimble brings greater insight to every contact. A contact is no longer a flat, static, business-card-like record of contact details that your sales person types in, but instead has become a dynamic dashboard of social insight about the contact. Nimble has integrated with foursquare for location engagement and shows shared connections from your social graph. Nimble already showed an integrated conversation history with a contact – whether the exchange happened in email, Twitter, Facebook, or Linkedin. Nimble now automatically associates Facebook, Linkedin and Twitter profiles to a contact when it’s confident in a match. And contacts come to life even more with live, actionable social streams from across a contact’s networks.

[Read more...]

Ten Key Points to Consider when Planning your Business

Business Analysis, Planning for Growth, Achieving the Goal

 Ten Key Points to Consider when Planning for your Success

  • Invite prospects, vendors and customers to your web site daily.  EVERY staff member should be doing this daily.
    In Telephone conversations
    In Email communications
    In Mail  and Voice Mail Scripts
  • Determine who your “customers” really are.
    Attributes ( 80 / 20 analysis ) – perform the analysis on your accounts

 

  • Find your targets (based on 80/20) and promote your brand and value proposition zealously at all times.
    By using Websites, Blogs, and Social Media (SM) channels
    – Ensure that your Social Media strategy is formalized and communicated with all members of the team.
    —–Do you and they understand the methodology of using Social Media in your Business?
    —–Make sure you use Social Media to drive traffic/prospects to your website. ( See TeamAutomation Blogs)
    ——–Write Blogs on a strict schedule.
    ——–Interact with other blogs adn bloggers in your industry – contribute!

 

    • Drive marketing, sales and customer service effectiveness by developing a plan and monitor regularly.
      –Annual, Quarterly, Monthly and Weekly plans advised; in that order.
      –Plans should address product sales, gross revenue, resources, and activity expectations.

 

  • Develop, implement and manage processes across ALL teams – not just in the marketing/sales teams.

 

 

  • Define data/system interaction logging for different levels of usage for different users; train the team thoroughly in the processes throughout the company; empower team members.

 

 

  • Capture ALL interactions with clients through all client communication methods.
    –Telephone activity logging, general notes, Email, direct mail, IM, website and social media

 

 

  • Ensure that you have the ability and resources to provide absolutely great follow up to customer inquiries, support issues and social stream comments.
    –Respond promptly! (unless you are angered, then respond in 24hrs)

 

 

  • Consolidate all customer sales, marketing and customer service transactions into 1 central depository for analysis – preferably your CRM system.
    –Measure, Analyze, Adjust
    –Measure and REPEAT on a scheduled basis

 

 

  • Your information systems must support multi-channel communications, preferably in one system.

 

 

Oh ya, and a bonus point!!!

  • Always build the business case for new software/equipment purchases – Return on Investment (ROI) in TIME
    –How long will it take to recover the expense, consider the team costs of non-responsiveness or non-productivity?

 Now, Repeat Until you are Tired of Realizing the Wonders of Depositing!

Want to increase your marketing results?  Contact us for a FREE 30 minute consultation.