HOT TOPICS: Customer Experience Marketing Automation Social Business SharePoint 2013 Document Management Big Data Mobile DAM

Gartner MQ Campaign Management: New Entrants Fail to Shift Market Leaders

shutterstock_69239626.jpg

In the first part of an examination of Gartner’s Magic Quadrant for Multi-channel Campaign Management (MCCM) for 2013, we saw that the market is characterized by a re-architecting of platforms by established vendors and the addition of new functionality by the newer ones. However, even with the new functionalities and cloud offerings, the new entrants still didn't impact on the Leaders Quadrant consisting of IBM, Oracle (Seibel), SAS and Teradata.

Leader Quadrant Unchanged

The new ones, Gartner says, tend to look at precise and limited sets of functionality usually in the cloud and targeting specific kinds of enterprises.

The older ones, while perhaps a little slower to react to changing conditions by virtue of their size, offer a much wider set of functions, which probably explains why the Leader’s quadrant continues to be dominated by established vendors.

As in previous years, the criteria for inclusion in the Magic Quadrant for MCCM are tough and for a vendor to push its way into the Leader’s quadrant is a task that is likely to take a number of years.

Even to get into the Magic Quadrant in the first place is tough and it’s not uncommon for companies to slip off the grid like Oracle RightNow this year, which failed to meet the minimum requirement of 15 new customer wins over the past 12 months.

Gartner is also adamant about the kind of functionality that vendors need to offer. There are two major groups:

1. Advanced Analytics and Execution

In this  groups vendors need to offer one or more of these:

  • Predictive analytics: The ability to analyse and predict future customer behaviors.
  • Campaign optimization: The ability to coordinate one or multiple campaigns while coordinating and balancing multiple constraints.
  • Event triggering: Ability to detect and act upon an event that affects the relationship with a customer.
  • Real-time recommendations: The ability to combine the most up-to-date information from all channels before a customer interaction, as well as taking information from that interaction.

Gartner also says that it considers specific, advanced digital marketing functions like Web analytics, social analytics, social marketing and search marketing and puts heavy emphasis on visionary offerings that include functionality in emerging areas like inbound, social, or mobile marketing. They also set strategic directions for the rest, or demonstrate innovative capabilities.

2. Ability to Execute

The ability to execute, or successfully carry out the business of developing and selling products, is also high on the list of things that Gartner looks at. Under this umbrella, MCCM vendors must be able to demonstrate the following:

  • Product/Service: Product capabilities was one of the most important elements for inclusion in the table.
  • Overall Viability: This is the financial health of the company, including its product line. It looks at the history of the company and its commitment to continued development in the MCCM space.
  • Sales Execution/Pricing: Looks at the pricing and effectiveness of the vendors’ sales channel.
  • Customer Experience: This looks at the relationship between vendors and their clients. For MCCM vendors, good CXM would seem to be essential.

Before looking at the Leaders, just a quick re-cap on what makes a Leader in this Quadrant. In this case, Gartner says, Leaders are those vendors that show better overall campaign management performance consisting of both basic and advance campaigns. They have high visibility and a strategic plan for driving the business forward.

MCCM Leaders

In alphabetical order, then, here are this year’s Leaders:

IBM

Formerly known as Unica, IBM’s Cross-Channel Marketing Optimization solution is part of the wider Smarter Commerce strategy that it has been building over the past few years and also includes other notable acquisitions like Coremetrics and Sterling. Its MCCM offering covers a number of industries.

Strengths:

  • Market reach: It has the benefit of IBM’s global reach and a potential software market that was worth US$ 104 billion in 2012.
  • Digital-marketing-focused deployment option: IBM Cross-Channel Marketing Optimization was released in 2012 with Unica dumped from the title. It focused on real-time marketing, marketing performance and usability.
  • Road map: Its goals for this year include real-time email and digital marketing as well as continued integration with the rest of IBM’s portfolio.

Cautions

  • Competition: It needs to continue to publicize its vision in the light of rising competition from other markets like Web CMS and even email marketing products.
  • Support: Some of Gartner’s customers have said that customer support has been quite slow.
  • Midmarket: Needs to cater more for midmarket as B2C and B2B vendors continue to make progress in the space.

Oracle (Siebel)

With Oracle (Seibel), the ability of its MCCM offering to scale and integrate with other Seibel products has pushed it into the Leaders quadrant. Gartner advises buyers to consider Oracle Seibel for a complete CRM if you are already a Seibel user.

 

Continue reading this article:

 
 
 
Useful article?
  Email It      

Tags: , , , , , , , , , , , , , , ,
 
 

Resources

 

Featured Events  View All Events | Add Your Event | feed Events RSS