What's the next "new" type of software?

A fairly broad question, but what do you think are some of the next "big" sofwares?


Was just thinking about something like CRM. Been around for a little while.


I sell a vertical CRM for private equity and we were flooded with leads for a few years, and quotas were hit from just inbound. Then, they all dried up. Past 3ish years, most of the industry has a specialized CRM in place and most opps are cold sourced, either in Europe (slower to adopt) or new, smaller shops.


What do you think?

โ˜๏ธ Software Tech
๐Ÿ’ฝ CRM
๐Ÿ’พ Product
15
BmajoR
Arsonist
5
Account Executive
AI Marketing. You plug in your desired outcome and a campaign is created.
braintank
Politicker
1
Enterprise Account Executive
Gawd that's gonna be awful.

Also, FWIW, salesloft has done this for free through it's labs for years: https://cadenceengine.salesloft.com/
BmajoR
Arsonist
3
Account Executive
I'm imagining more of a real marketing campaign versus an outreach cadence. Like generating ads online, where they target, who, what time, etc, all that data driven stuff but using AI to do the heavy lifting for you.
Kosta_Konfucius
Politicker
3
ERP Sales
Prompt based generative AI
oldcloser
Arsonist
0
๐Ÿ’€
what's that?
Sunbunny31
Arsonist
3
Sr Sales Executive ๐Ÿฐ
Any of your sales come from rip-and-replace?
Or from add-ons?
Are you guys still innovating on your platform (see oldcloser's comment below about AI) or are you closed off and behind?
I mean, there was a boom, but all those 2-3 year contracts come due, and if customers aren't happy with what they have, they start looking. And you want to be there. CRM isn't going away; it's going to need to evolve to better serve the market.
CuriousFox
WR Officer
3
๐ŸฆŠ
Gotta be better than the extra licensing nickel and diming Ohana train
oldcloser
Arsonist
2
๐Ÿ’€
When your vertical CRM takes a ginormous dataset of transactional records from it's own storage, anonymizes it, and uses it to train a machine to communicate with your customers' customers in their own language, you'll have it. You'll have taught a computer your customer's customers vertical. That is next.

GPTuna will be a dead fish.

Machine learned best practices from information you already have is the answer. If nobody at your joint has considered this... worse yet, if they're thinking of adding Cherry the Chorizo eating Chatbot to your software, they're late and they've missed the point entirely.

It's almost like I sell a solution that does this... Can help if you need.
SaaSyBee
Politicker
1
Founder
Hard to tell. I don't think it will be something truly "new" but a new name and spin on an thing that exists. Like how Gong calls revenue intelligence "conversation intelligence."
SoccerandSales
Big Shot
1
Account Executive
Definitely something AI related. Issue is there are so many bs AI tools that are going to make finding the real gem companies difficult
AnchorPoint
Politicker
0
Business Coach
AI anything
pirate
Big Shot
0
Account Executive
AI CRM... So in my mind it would automatically populate the comments, value maps, next steps, activities. Could happen
Diablo
Politicker
0
Sr. AE
Not sure but letโ€™s wait and watch โ˜ ๏ธ
Justatitle
Big Shot
0
Account Executive
Marketing AI to replace larger marketiing opp teams.
Pachacuti
Politicker
0
They call me Daddy, Sales Daddy
Probably, it unfortunately, AI related.
thesearentleads
Member
0
Account Executive
Most customers find their CRM is โ€œgood enoughโ€ and thereโ€™s never material pain outside of burning a ton of money trying to build a custom CRM that justifies a rip & replace. I havenโ€™t seen anyone come on the market with a 10x feature that justifies a complete conversion. If thereโ€™s some acute problem theyโ€™re trying to solve itโ€™s typically safer to buy a best in breed point solution to stitch onto your existing CRM. Youโ€™ll probably find more success working with a) customers that have no CRM or b) customers dumping money to an SI or dev team to build on prem or configure Salesforce for them
ChumpChange
Politicker
0
Channel Manager
Just what I've been seeing... AI Marketing & Design. Sad to see it but there's now enough disruptors in this space to get a semi-successful campaign/design work while reducing companies cost centers significantly.
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