TERM (Technology, Emerging Resource and Market)
It says about the recent trends in emerging market and their adoption by organization for New Customer win and retain the existing to become key player periodically.
In the emerging market like healthcare, Pharma and Life Sciences and Financial, there is always an opportunity of adoption of cutting edge technology like Big-data, Analytics, Machine learning etc. which gives the huge scope of growth in terms of customer centric deliverables. It subsequently claims the space for filling the result-oriented key resources, who transforms the customer's expectation into deliverables. In the Global market the hiring of resources is a tricky task for the management people in an organization, as in the current market there is not handful of these resources, consequently there is good demand of recent techie resource.
Where there is Market there are players. To keep the organization in a win-win situation one has to stand ahead among the other key players, who has already adopted the recent trends. To win a new customers there are plenty of players who bids in the open market and demonstrate their POC (Proof of Concept) on different technological platforms as offerings, the ball drops in the player's court who has productive, cost-effective, secured and reliable CRM and finally the revenue generated sensible offerings.
For a successful business the retention of existing customers is eminent, which can be accomplished by proper retention strategies and lucrative offerings, which adds more stars in terms of reliability. One should always hit the hammer in order to deliver extraordinary and higher than expected to all the customer at each and every levels of service. These aspects shape a venture to be a fastest growing one by many folds over the years.