May 2021

The success of a business is directly proportional to the extent their customers are satisfied. With a robust CRM (Customer Relationship Management) system like Salesforce in place, organizations will not just be able to improve their customer relationship but will also be able to increase their sales and revenue. As a leader in the CRM space, Salesforce has displayed promising statistics, which includes an annual growth of 29% in the financial year 2020. Apart from this, its customer base, which currently stands at 150000 is also increasing year on year. To, implement Salesforce, organizations should seek Salesforce Support from a reliable service provider. Here are some of the latest trends that will rein the Salesforce CRM space in the year 2021 and beyond: Customer 360: Uncertain situations like the recent Covid-19 pandemic have forced businesses to change the way they function. While customers have become digital-first, organizations too are moving towards digitalization to retain their customers. However, to sustain the market competition, organizations should equally focus on creating innovative solutions rather than just digitalization. Statistics reveal that around 69% of customers look for digital ways to get their products and services while 54 percent of them are seeking other ways to connect with a company. For the year 2021, Salesforce is coming up with a customer 360 tool that will enable companies to get a complete view of their customers.  Data Analysis:  Organizations these days are looking to analyze the data of their customers from multiple sources such as social media profiles, phone support, newsletter, etc. However, a report shared by Salesforce reveals that only 50 percent of companies can access all the data. This happens because most of the data is dispersed, which makes it difficult for organizations to analyze and visualize it. Consequently, organizations are adopting Salesforce as it helps them to gather data in a single place so that the sales, service, and marketing teams can work together without any doubt. Salesforce empowers organizations to create a data-driven approach by bringing together sales, service, and marketing cloud to arrange for data using customer 360 solutions.  Artificial Intelligence and Machine Learning: The AI-powered platform by Salesforce i.e. Salesforce Einstein provides actionable insights and suggestions that help organizations to make informed decisions. The platform has built-in deep learning models that predict by reading CRM data. Few other features that show how Salesforce is utilizing AI and ML to develop intelligent platforms for an organization include the following: Tableau:Tableau is a business intelligence and analytics software that helps in creating a dashboard within a few clicks.  AppExchange:It is a marketplace for third-party apps. Salesforce is working to upgrade it by offering apps that are more installable to increase sales and client interactions of the businesses. Analytics that is Voice Enabled:Salesforce launched Einstein’s voice, which uses NLP (Natural Language Processing) for processing the user request. Users can update records using their voice. Einstein voice bots empower users to create their voice assistants for custom apps.  Salesforce Ecosystem: As one of the most popular and widely adopted CRM software, numerous applications can be integrated within the platform, which in turn helps in extending its capabilities and functionalities.  Lightning Web Components: These are HTML elements that empower users to create lightweight UI designs.  Mobile Applications: Salesforce is striving to get the entire CRM into a mobile app for which it has laid a solid foundation to achieve the goals. Some of the upgrades aimed at by Salesforce include the following: Salesforce has re-developed the native Salesforce app by partnering with Apple to make the most of Siri and other Apple features. It has developed low-code mobile builders that allow users to convert spreadsheets to apps without the need for any formal training. Industry-specific Platforms: Though Salesforce is more efficient in Sales, marketing, retail, and finance, it has now started developing solutions for other industries given the growing demand.   Final Words: Being one of the most popular and widely adopted CRM, Salesforce keeps on innovating to provide users with a more efficient and robust platform. By implementing the aforementioned trends, Salesforce is striving to transform the CRM industry. To stay ahead of the race, organizations will look for business-specific solutions, which Salesforce is striving to fulfill. It’s prudent to partner with a certified and experienced Salesforce Consultant to know more about Salesforce and its latest offerings.