By Sam Gaines
What is the shared quest between Accenture, a world leader
in management technology and services, and Teradata? A common
vision being put into action, according to Richard Lawrence,
leadership partner in Accentures Customer Insight/CRM
practice. Accentures point of view is one of
marketing transformation, which includes the essential elements
of the integrated view of the customer, customer decision
analytics and optimized customer interactions, Lawrence
says.
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Kenneth
L. Reed: We deploy specific tools
to underpin customer insight delivery
at every level.
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When it comes to marketing transformationand a host
of other innovative approaches to enhancing business responsiveness
and efficiencyAccenture is a recognized leader. The
$11.4 billion concern applies its world-leading expertise
to companies both large and small, across 18 focused industry
groups. Its client list includes 86 of the Fortune 100 and
more than half of the Fortune 500.
Lawrence explains that the integrated view of the
customer engages each of its components in multiple
ways. We think about marketing transformation across
these components, he says. So we deploy specific
tools to underpin customer insight delivery at every level.
For example, the customer interaction component is enabled
through campaign management tools.
With Teradata, were addressing all aspects
of this vision, Lawrence says. It is uniquely
well-positioned because it looks across those elements to
provide the enabling infrastructure and tools to address
those components. It is a very robust set of tools uniquely
able to deliver our vision.
Accenture Associate Partner Kenneth L. Reed, who manages
operations of the Customer Analytics practice (within the
Customer Insight practice) for Accenture, echoes that assessment.
Reeds people now have the power to maximize the effectiveness
of the third normal form model in Accentures Minneapolis
testing lab. We can develop really special approaches
to our CRM work by leveraging Teradata power and tools,
Reed says. Its become a cornerstone to our practice
because we are able to leverage it far beyond any other
database platform we could use.
Part of that power is nested in Teradatas ramp-up
speed for new users. Most of our own people were not
skilled in Teradata when we first implemented the platform,
so we had concerns about that. But one of this systems
advantages is that just about anyone (can use it), and thats
remarkable for a platform as potentially huge and complex
as it is.
For the customer-centric business, the advantages of a
database platform providing nearly real-time, accurate dataand
the tools to mine that data rigorouslyare clear: better
competitive intelligence, the power to tailor marketing
efforts to single-customer specifics, and the data-to-action
speed to realize value from your efforts faster than ever.
Teradatas industry-benchmark 360-degree customer view
provides a comprehensive, up-to-date profile that is as
reliable as it is easy to create.
Another key advantage is scalability. Being able
to scale Teradata is a critical factor for CRM, Reed
says. Many clients work on legacy platforms, so they
cant build a customer-centric warehouse with their
older software. I see incredible compromises as a result,
with partitioned data sets that get out of sync, but thats
the way it must be done in these cases. It makes it impossible
to build the sort of marketing campaign that can gain info
on what your clients are doing.
Not a problem with Teradata, though. In a central
spot, we draw all the information we need to determine how
were doing with the customer, what products and services
are the right ones to offer that customer, and even who
we need to leave alone. All our clients using this customer-centric
approach have realized significant positive impact on their
ROI. T