Intelligent Tech Channels Issue 22 | Page 65

FINAL WORD For channel partners, customer experience must be placed at the centre of their business models. D igital Transformation continues to be the phrase on everyone’s mind in the channel. Regardless of size or industry, organisations are reaping the rewards of shifting their IT approach and using new technology to grow their customer base, scale operations and ultimately drive profit. However, as Digital Transformation must begin at the core of an organisation, it is only logical that they rethink their business model. Fundamentally, technology underpins processes throughout the business, so core operations will naturally need reviewing and in some cases, a complete overhaul. As this occurs, roles throughout the organisation will be both created and redefined, with new ways of working agreed. Many businesses are using this period of transition to rebuild themselves as customer-centric organisations. Investments in technology must prove their worth by improving the human experience, and the ROI of an entire implementation is defined by this measure. For channel partners, customer experience must be placed at the centre of their business models to adequately understand and service their clients. But, this is not easy and business leaders are having to adapt rapidly to escalating customer expectations. INTELLIGENT TECH CHANNELS Issue 22 Changing businesses, changing audience Channel resellers have experienced a dramatic change in their target audience, and as a result have had to completely rethink their sales approach and how they are engaging with their customers. Partners that traditionally dealt in hardware-based solutions are now finding themselves on the brink of disruption, with a new perspective of how technology adds value to their business. As a result, vendors are evolving their solutions to reflect new customer priorities, from the Internet of Things (IoT) to Machine Learning, Artificial intelligence (AI) and increasing productivity. Casting aside hardware-based CAPEX expenditures, there is an expectation for cloud-based managed services built on consumption models that best fit the customer’s needs, be it a subscription, use basis or outcomes-based models. As technology becomes a day-to-day board-level issue, channel partners have had to begin addressing the needs of new decision makers. Traditionally, selling technology to IT leaders was very much the norm. These stakeholders had a full understanding of the company’s technical needs, existing IT estate and would be given full spending approval from the business and finance leaders. Rather than developing the direction of the business, IT expenditure was simply seen as a cost of existence. As technology accelerated at a pace far quicker than businesses could continually adopt, the market experienced a pivotal moment when business and finance leaders questioned the value-add of new technologies and regular hardware upgrades. As such, the decision making power shifted away from the IT stakeholder towards finance and business figureheads. This customer base has an altogether different set of priorities, and resellers have been under pressure to adjust their approach to focus on the high level and c-suite conversations. Providing the ability to drive productivity and enable top-line growth are critical requirements that must be addressed by resellers looking to gain traction with this audience. Alongside this, all newly implemented tech must remain consistently accountable, making the ability to measure performance and have full visibility over the IT infrastructure a must. Furthermore, in the most successful organisations, the ultimate priority of the c-level is to address customer needs. Partners must understand and enable this if they are to resonate with a high- level audience. 65