Intelligent Tech Channels Issue 24 | Page 28

ICA FR A AL I O N E L S G E R ANN CH In the era of Digital Transformation and the subscription economy, Michelle Bisset, Vice President, Customers for Life at Sage Africa & Middle East, says that technology companies can only succeed when their customers do. A F RIC CUSTOMER SUCCESS IS ‘THE FORMULA FOR EXPONENTIAL GROWTH’ , V ca se t 28 T he rapid shift towards cloud computing and software as- a-service purchasing models is freeing technology buyers from vendor lock-in, upfront payments, long implementation cycles and heavy software customisation. That means software vendors and their partners need to focus on continuous customer success if they are to grow and retain their customer base over the long run. This was my key message as a speaker during the Sage Enterprise Management Partner Summit held in Dubai. In practical terms, this means we are seeing customers expect vendors and implementation partners to help them deliver against their business outcomes. Efficiency and scalability are no longer enough – as the recent IDC European Enterprise Services Survey shows, the number one priority for technology buyers is for their providers to deliver results against their desired business outcomes. Customers want inspiration, innovation, guidance and solutions. If they don’t get if from one vendor or service provider, it is easy to move to another in the digital and subscription world. This means technology vendors and resellers that want to thrive in today’s market must pivot to a customer success-driven approach. ice Pre sid fri e A Sag t e nt, a Customers for Life The emphasis moves away from features, functionality and cost towards ensuring the tech company delivers on the customer’s business outcomes. If the vendor does not get this right, the customer will not renew its subscriptions, let alone buy more solutions and products from the provider or become an advocate for its brand. Here are three steps towards becoming a customer success-driven enterprise: expected benefits or run over time or budget. To improve success rates, vendor, implementation partner and client must begin each project by defining what success looks like in terms of the desired business outcome and how it will be achieved. This begins with an honest assessment not only of the service provider’s ability to deliver on the brief, but also of its success potential. If there is a significant divide in the culture and expectations of vendor and client, the project is not likely to succeed. The effort is also likely to fail if the client doesn’t have the necessary skills, platform or change capabilities for the transformation. When defining customer success, a generic benefit like saving time or becoming efficient is not enough. One should have a detailed, measurable definition of success, whether the goal is better budgeting, more accurate reporting, cost reduction or production increases. Knowing the desired outcome and regularly measuring against defined success milestones and metrics increases the likelihood of customer success. Start with the end in mind Remove silos and barriers between customers Large-scale enterprise software deployments don’t have the best track record. They often fail to deliver the Leave behind discussions about who owns the customer relationship within the enterprise or its wider partner network-