Showing posts with label digital commerce. Show all posts
Showing posts with label digital commerce. Show all posts

Saturday, 5 September 2015

Key trends in mobile and making the right technology decisions


Mobile Trends

Mobile companies are focusing on connecting the next billion consumers. In many developing countries most people by-pass the computer and go directly mobile.

Our generation Z has already grown up with the intuitive understanding of click & find, click & know, and click & buy. Mobile is increasingly becoming the starting point for everything, not just an add-on. Many young people already consider their mobile device as a remote control to life.

The car is becoming a mobile device. Mobile is set to transform the banking, financial & payment markets. Mobile wallets are already replacing cash.

Mobile devices are becoming integral part of the consumer process: Wearables (smart glasses, watches, wristbands, body implants), Appcessories (mobile devices with computational abilities to collect and analyze data about the world), medical smart phones (serving as wellness gurus, performing self-diagnosis, reminding about exercise and medication), etc.

People expect the content to be increasingly personalized, hyper relevant and automated.  

Brands recognize the opportunity to reach the right people, with the right message, at the right time to achieve maximum impact. They will focus on privacy, permission and preference of their target audience. People have a much lower tolerance for unsolicited messages arriving at their mobile device (considered part of their being and personality).

Building a long-term strategy for mobile from a technical perspective

Integrated mobile commerce capabilities are a must for companies. Selecting the right technology approach is critical to drive user experience, cross channel activity, profitability, etc.

Select the right mobile environment

Mobile sites appear in the browser of any internet enabled device, which most likely can access it. No need for users to download anything. Content is automatically formatted to the device. HTML5 gives mobile Website increasingly App-like capabilities.

Mobile applications require download from the market place. The applications native capabilities provide enhanced functionality such as caching for off-line usage, GPS location service, scanning…

Usually companies do not have to make large investments in new technologies to support mobile expansion. Companies can leverage their core technologies including e-commerce platform, merchandising tools, product information, Content management system user reviews.

Four options to build your mobile environment

Companies can either develop and implement a mobile solution themselves or use outside help from various sources. Here, are four main options organizations may consider:

1)      Create and manage home grown solution.

a.       It allows for tight integration and full control.

b.      But it requires much technical skills, ramp up time and upfront cost.

2)      Engage a mobile service provider.

a.       You can obtain a fully outsource mobile solution, including development, hosting. Expertise is acquired, existing internal skills and capabilities can be leveraged. Maintenance and long-term support are guaranteed. There a short ramp up time and modest upfront costs.

b.      But there is duplication of website data and configuration. Often lack of integration with existing infrastructure. High long-term TCO. A first workable solution, but unlikely to achieve a consistent user experience due to lack of integration with primary website and existing e-commerce solutions.

3)      Engage a software provider that has expanded into mobile

a.       Tight integration with existing infrastructure. Robust capabilities & features; integration of existing infrastructure & tools. Ease of maintenance and long-term support.

b.      Software provider’s mobile IP & technology expertise may not be cutting edge. There are upfront costs.

4)      Engage an agency

a.       Full service design & implementation (even manage customers, if desired). Advanced, custom-designed features with highly differentiated user experience; rich environment and integration with existing infrastructure.

b.      High-cost engagement, expensive to manage, difficult to change user experience; loss of in-house control, longer lead times.



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To share your own thoughts or other best practices about this topic, please email me directly to alexwsteinberg (@) gmail.com.

Alternatively, you also may connect with me and become part of my professional network of Business, Digital, Technology & Sustainability experts at

https://www.linkedin.com/in/alexwsteinberg   or
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Google+ at  https://plus.google.com/u/0/+AlexWSteinberg/posts


 
 

Friday, 28 August 2015

How Telcos can develop into Integrated Digital Service Providers


The majority of telcos have digital agendas to build multi-channel or omni-channel capabilities. However, their digital transformation is often only in the early stages.

Telcos to become Integrated Digital Service Providers

The objective for telcos should be to develop into Integrated Digital Service Providers, bringing together digital infrastructure, digital business operations & capabilities and digital offerings.

Telcos could become key players in the digital value chain by assuming new roles and offering new services such as: M2M enabler, Cloud Service provider, one stop IT service provider, smart city enabler or offer vertical solutions (digital home and home health care integrator, transport tolling partner, etc.).

Telcos need to take necessary actions

In order to do so, telcos must rethink their current customer operations and inherent BSS/ OSS landscapes. Core capabilities should be extended to campaign management, order entry, fulfillment, charging & billing, self-service user interface and other.

Operators should increase their strategic capabilities in the service market including omni-channel experience management, single order product catalog and entry function for all sales channels, integrated policy management & control. Partner enablement across the value chain must include M2M and over the top providers, Content, resellers, roaming, wholesale and other players.

The use of APIs and techniques next based action, Unified Marketing, social sentiment analysis, real time charging, can help.

Data need to be integrated with decision support and campaign management systems as well as the analytics engine to trigger context aware events in real time. Customer platforms need to enable marketing campaigns down to the micro and nano level of segmentation and customization. They must support a seamless omni-channel experience, including crowdsourcing. A key word is mass differentiation.

A Web and mobile Portal needs to effectively enable ecommerce, Mobile & Web care, Collaboration Community and order entry. Cloud based sales & services need to guarantee Social listening & Ads, Lead & Opportunity, management, forecasting, etc.

Such system needs to bring together all key parts such as Customers, Prospects, Partners, Social networks, Call Centers, Shops, Connected devices, etc.

How to bring things together for an overall solution

One approach is to split the production systems (Billing & collection, accounts receivables & payables, CRM) from the distribution systems (omni-channel, customer experience management, product catalog, order entry) and integrate those through a Hub.

This Hub could serve as a layer above the network and BSS/OSS layers and then enable digital marketing, online sales, eRetail, smart care and other functions.

Other initiatives could complement:

1)      Drive agile and design thinking across the organization.

2)      Simplify, minimize and standardize. For example, examine and address the overlapping boundaries and inefficiencies among business relationship, development & transformation, IT governance and maintenance.

3)      Leverage SaaS technologies or build virtualized software-based operational stacks.

4)      Move to cloud or outsource tasks such as commissioning, trouble ticketing, fraud & churn analysis, work force management, roaming settlements and partner management.

Work the architecture at two speeds

The backend and transactional core systems of records must be designed and operated for stability, resilience, scalability, reliability and high quality data management. All telcos, different to digital native companies, will need to build on their existing legacy systems. Release cycles will be longer here.

The customer facing front part of the architecture requires fast and highly agile software development and servicing. New micro services must be deployed within hours. Developers should be able to use a wide range of programming languages without being locked in by a stringent development frame work. Business users should be able to make immediate changes to automated processes. Time consuming integration work must be minimized. Decouple products from the processes. Enable work load balancing across private, public and other clouds.

Build a new organization and governance model in parallel with the technology.

The Enterprise Architect’s opportunity to play key role

The Enterprise architect plays a key role to help the CIO drive the digital transformation. The skill set of enterprise architects of the future will include business strategy formulation & execution, business innovation, stakeholder management and agile management. The EA needs to support both hunting and harvesting.



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To share your own thoughts or other best practices about this topic, please email me directly to alexwsteinberg (@) gmail.com.

Alternatively, you also may connect with me and become part of my professional network of Business, Digital, Technology & Sustainability experts at

https://www.linkedin.com/in/alexwsteinberg   or
Xing at https://www.xing.com/profile/Alex_Steinberg   or
Google+ at  https://plus.google.com/u/0/+AlexWSteinberg/posts