analytics

Predictive AI Newsletter – July-August 2017

 

There’s a reason we take AI seriously at SalesChoice. It is estimated that worldwide spending on artificial intelligence and cognitive systems is poised to rise to $46 billion in 2020, up 768% from 2016. The good thing is that we understand not only the economic but also the human element involved with AI adoption. 

To put this in context, let us hear from the SalesChoice team on the value we bring to your sales organization and just how we can help you adopt AI in a productive manner:

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SALESCHOICE RECOGNIZED AS TOP 25 – MOST EMPOWERING DATA COMPANY

 

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SalesChoice Inc., a Predictive and Prescriptive Analytics SaaS Company specializing in sales analytics and an ISV Certified App of Salesforce, has just been Profiled as a Top 25 Most Empowering Data Company, featured in the BIG DATA Fall, 2016 SPECIAL EDITION. You can see the full feature coverage here .

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What is the Top Leadership Behavior for Sales Professionals?

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Einstein did a lot of things in his lifetime that we recognize as genius. Einstein’s incredible conviction to challenge leadership behaviors if they were not curious to experiment or innovate is what sales leaders need to accelerate competency development in. Continually being open to try new ways of working is Einstein like behavior. Einstein believed passionately that: Imagination is more important than knowledge.

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Value of Analytics Soars Among Sales Teams

running awayOur life is frittered away by detail … simplify, simplify.’ ~Henry David Thoreau

The Value of Analytics use soars among Top Sales Teams.

Where there’s analytics use, there’s likely a winning sales organization. High-performing sales teams are 3.5x more likely than underperforming teams to use sales analytics. Across teams at all levels, we’ll see a 58% increase in sales analytics use from 2015 to 2016. Smart selling, fueled by technologies like predictive analytics, starts piquing sales teams’ interest and is expected to jump 77% among high performers in the next 12–18 months (SalesForce Report, 2015).

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Modernizing Sales in the 21st Century

kevin's blog

In many ways, sales forecasting has not really changed for centuries. Each sales person works a particular sales cycle based largely on their own intuition and experience.

While there have been advances in methodologies e.g solution selling and professional selling skills etc, the final judgement of whether a sale will occur has largely remain unchanged….the experiential judgement of the sales rep.

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The Age of Distraction- Are Attention Deficit Traits Impacting your Sales Results?

A 2012 Time-Warner Study on the media consumption habits of Digital Natives (millennials in their twenties who grew up with digital) showed that young people flipped between content across different devices on average 27 times per non-working hour. That’s roughly 13 times in 30 minutes. This is in contrast to

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Brave ‘Now’ World Part 2: Predictive Analytics Disruption in Financial Services

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By Cindy Gordon 

Part one of this three-part examined how big data has changed our approach to crafting business questions and the expectations of what information we’ll have access to when we make decisions.

Today analytics is moving rapidly into business operating processes and practices. The term being coined to describe this new field is machine-to-machine process intelligence, which at its core is predictive analytics.

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Blog: Everything Predictive and Connected

Series 1: Brave ‘Now’ World Part

As humans, we have an insatiable appetite for deriving insights from data. With the intensification of big data and the promise of connecting the dots, our hunger for meaningful insights is greater than ever.

We rely on data for daily tasks without a second thought. We scour the web and mobile apps for movie recommendations, gift purchases, climate patterns, transportation foresight, healthcare, fraud detection, consumer behaviour, future sales outcomes, and even for the ideal romantic companion.

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