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thinkAnalytics Optimizes CRM with Customer Relationship Analytics.


Business Editors and High-Tech Writers

DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter.  CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  Conference

BOSTON--(BUSINESS WIRE)--June 26, 2000

Announces Availability of thinkCRA, at the DCI CRM conference,

June 27-29, Hynes Convention Center The John B. Hynes Veterans Memorial Convention Center located in Boston's Back Bay has 193,000 square feet (0 m) of exhibit space and can accommodate up to four concurrent events. , Boston, Hall D, Booth 2704

thinkAnalytics Corp. Monday unveiled an integrated application suite delivering Customer Relationship Analytics (CRA See Community Reinvestment Act. ), designed to maximize value and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  from e-commerce and front-office CRM systems.

thinkCRA encompasses robust analytical and data mining capabilities coupled with an easy-to-use visual workbench See Visual C++. . It is aimed at organizations seeking to maximize sales and marketing effectiveness Marketing Effectiveness is the function of improving how marketers go to market with the goal of optimizing their marketing spend to achieve even better results for both the short-term and long-term. Also related to Marketing ROI and Return on Marketing Investment (ROMI).  by predicting customer profitability Customer profitability (CP) is the difference between the revenues earned from and the costs associated with the customer relationship in a specified period.

According to Philip Kotler,"a profitable customer is a person,household or a company that overtime,yields a revenue
, product affinity, propensity to churn and other complex customer and product interactions.

The suite easily integrates with existing processes and systems such as front-office CRM, e-commerce, multidimensional and relational customer data warehouse environments. The ability to narrow-cast specific, targeted information to users via e-mail, mobile phones and PDAs, further extends the value of enriched data disseminated outside the confines of the traditional enterprise.

"CRA and CRM go hand-in-hand," said Philip Russom, director of business intelligence at Hurwitz Group. "CRA can take CRM to a higher level of effectiveness by enabling, through analysis, improved customer segmentation, retention and cross-sell/up-sell. thinkCRA, from thinkAnalytics Corporation, is the first suite of packaged analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution.  focused on CRA, as a natural extension and complement to CRM."

"In the realm of the Internet, dot-coms are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 specialized applications that can support e-commerce activity," said Larry Abrahams, director, Java 2 Platform, Standard Edition (language, programming) Java 2 Platform, Standard Edition - (J2SE) Sun's Java programming platform aimed at network-oriented enterprise applications. J2SE comprises the Java 2 Software Development Kit (SDK) and the Java 2 Run-Time Environment.  at Sun Microsystems. "Being able to effectively analyze customer information is critical to their success. Powered by Java(TM) technology, with full support for Java(TM) 2 Platform, thinkCRA provides dot-coms with a 360 degree understanding and analysis of customer information and enables them to fully harness the power of the Web."

To manage the exponential increase in data volume and associated complexities of e-businesses, thinkCRA is host to component-based architecture, with patented data compression technology, offering scalability, flexibility and performance.

"From dot-coms to the fortune community, the broad acceptance and enthusiasm surrounding CRM has produced vast quantities of raw customer data, leaving organizations at a loss as to how to understand, enrich and make use of it," said Tim Jones, president and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of thinkAnalytics Corp.

"thinkCRA is stepping up to this customer challenge by leveraging the strength of its analytical prowess, visual workbench and information dissemination capabilities. thinkCRA delivers actionable information to customer-centric organizations striving to create a consistent, high quality customer experience."

The thinkCRA suite consists of four analytic applications. thinkCustomer segments customers to provide a comprehensive view of customer interaction and attributes. thinkLoyalty predicts propensity to churn factors and reports on lifetime-value and value-at-risk.

thinkProduct models true product value, and product mix and association. Cost effective up-sell and cross-sell campaigns can be planned and targeted to the most appropriate customer groups, with a complete understanding of current and life-time customer value.

thinkMarketing also analyzes channel and marketing effectiveness. Used in conjunction with thinkLoyalty and thinkCustomer, churn-reduction and direct marketing programs can be effectively monitored and tracked.

The platform that drives the thinkCRA application suite is thinkKnowledge. Advanced statistical, data mining and visualization techniques, with data extraction, transformation, integration and analytical components, provide thinkCRA with an innovative solution to complex business problems. The iconic environment provides maximum flexibility and customization enabling organizations to model the thinkCRA environment to their exact requirements.

The production-ready version of thinkCRA is available to ship June 26, 2000. Further details on thinkCRA are available at www.thinkanalytics.com or by visiting thinkAnalytics at booth 2704, Hall D, at the DCI CRM show, June 27-29, Hynes Convention Center, Boston.

Notes to Editors

thinkAnalytics Corp., with headquarters in Boston, is a software vendor that focuses on Customer Relationship Analytics (CRA). It is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Gentia Software (Nasdaq:GNTI).

thinkCRA is thinkAnalytics' packaged analytical application. It helps organizations understand their customers by analyzing customer information buried in front-office CRM and other corporate systems' data. It provides detailed, actionable information in areas including customer segmentation, customer loyalty, customer value and marketing effectiveness.

For more information, visit www.thinkanalytics.com or email info@thinkanalytics.com.

Sun, Sun Microsystems, the Sun logo and Java are trademarks or registered trademarks of Sun Microsystems Inc. in the United States and other countries.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 26, 2000
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