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"The addition of 'next best activity' capabilities to Teradata CRM creates a single, best-of-breed portfolio that integrates the best of operational and analytical CRM in a single, unified data environment," said Sheryl Kingstone, research director at analyst firm Yankee Group. "Companies that use personalised, targeted offers involving inbound interaction see tangible gains such as Web click-through rates as high as 40 percent and offer acceptance rates six times higher than with mass-marketed materials. This should be an important consideration for any organisation serious about leveraging enterprise intelligence to create timely, relevant customer experiences in a complex, multichannel marketplace."
The combined functionality of Teradata's Customer Management Solutions with the Infor module, rebranded as Teradata Interaction Advisor, provides a vehicle to fuse information
from the Teradata Warehouse with real time interactions, enabling the business to engage the customer while "live" in session. Teradata's active enterprise intelligence capabilities provide immediate integration of detailed personal profiles and history, combining this with "live" data for the most relevant customer experiences based on a complete view of the relationship.
"Every customer interaction is an opportunity to make a new offer, improve retention, increase revenue, build loyalty, or strengthen the brand," said Gregg Monastiero, senior vice president, Strategic Solutions, Infor. "We are excited about the future as a partner with Teradata, where together, we now provide an unsurpassed array of intelligence-driven CRM capabilities for today's power marketers."
This product is the cornerstone of a new Teradata offer called Next Best Activity, which allows marketers to easily define offers and eligibility criteria, and prioritise actions based on business value. The result is a highly relevant customer experience that is in line with the company's customer strategy, across channels and in the form of a personalised and meaningful dialogue.
"Our relationship with Infor creates a natural extension to Teradata's Customer Management Solutions portfolio," said Scott Gnau, Teradata chief development officer. "It provides a combination of real-time, self-learning decisioning, with historical behavior and trending analytics - seamlessly integrated with feedback capture and managed within a single customer strategy framework to enhance our customers' ability to provide their customers with the best experience. The benefits are higher cross-sell results, greater loyalty and greater employee satisfaction because of increased significance, relevance and timeliness within the customer interaction."
Award-winning data warehouse practitioner AT&T uses both the Teradata Warehouse and Infor's CRM Epiphany solutions in the context of its marketing programs.
Teradata continues to deliver on its commitment to enhance its Teradata Customer Management Solutions portfolio, adding new features and capabilities on an ongoing basis. Newer features include complex offer optimisation; extended access to marketing automation; simplified data import capabilities; improved reusability of campaign components and expanded Web compatibility. These new capabilities leverage Teradata's established global leadership in advanced, data-driven customer management and deep expertise in marketing automation.
About Infor
Infor delivers business-specific software to enterprising organisations. With experience built in, Infor's solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider. For additional information, visit www.infor.com.
About Teradata Division
Teradata (www.teradata.com), a division of NCR Corporation (NYSE: NCR), is the global technology leader in enterprise data warehousing, analytic applications and data warehousing services. Organisations around the world rely on the power of Teradata's award-winning solutions to get a single, integrated view of their business to enhance decision-making, customer relationships and profitability. As a growing business, Teradata is always looking for outstanding talent. To learn more about Teradata career opportunities, visit www.teradata.com/careers.
About NCR Corporation
NCR Corporation (NYSE: NCR | charts | news | PowerRating) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's Teradata(r) data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology(tm) that maximises the value of customer interactions and helps organisations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 29,650 people worldwide.
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