Service providers need to make the link explicit for IT buyers IT buyers need help from IT providers to link the business impact and scope of a particular solution to their key metrics - something they aren't always able to understand themselves. When providers are unable to form a link between a buyer’s objectives and the value they offer, it becomes hard for the buyers to prioritize their investments to a particular provider.

This is one complication which presents an opportunity for providers who want to become more customer-focused, especially as they attempt to get themselves closer to the buyer’s journey. All providers…

Blockchain
Read more

Service providers need to understand their clients’ perspectives to increase sales The technology industry has had this problem focusing on the product rather than the value it has for the customer since ages. According to a research by Gartner, providers who are able to effectively quantify the business impact of its solutions are 2.9 times more likely to succeed in selling their product.

However, the number of providers who are able to accomplish this satisfactorily are very less. Even when the providers speak in terms of business outcomes, it is often abstract, generic…

Digital Business
Read more