Archives For September 2013

SugarCRM is participating in the BoxWorks conference this week in San Francisco, the Imageannual event for collaboration and cloud file storage provider Box. During CEO Aaron Levie’s keynote – he cited some impressive growth numbers for the company. Box now has 180,000 companies using its offerings, with about 20 million individuals in that mix.

20 million. Think about that.

A lot of very successful business software providers, and I mean BIG companies with billions in revenue, only serve about 3-5 million users, tops.

Why is that?

The answer, in my opinion, is that tradition business software providers – the old guard of CRM, ERP, etc. – have typically been either too inflexible, too expensive, or a combination of both, which restricts the amount of employees in a company that can actually use the software.

Think about it. If you really map out a customer-facing process in a CRM usage scenario, for example, there are all kinds of potential touch points internally that get locked out of a typical CRM deployment. Product experts, fulfillment personnel, receptionists…anyone who might either interact with a customer, or have information that can help enhance the customer experience. But instead, CRM deployments are usually limited to quota carrying sales reps, managers, and support agents – in short, a limited set.

I believe Box is painting a picture of how businesses should be looking at technology and how they empower their employees to do their jobs better, and in turn serve customer better. And Box is showing how technology providers should be looking at their business models in fresh new angles. For users, Box’s technology both promotes collaboration and is super simple to use. On the business side, Box used freemium and openness to quickly get entrenched inside the largest and smallest companies – it did not rely only on expensive and inefficient enterprise sales models. Box’s technology quickly and easily proved its value to the USER, and management’s buy-in naturally followed.

We are in a new era of user empowerment in business software in my opinion. Powered by the convergence of consumer technology experiences, evolved distribution and business models, and an overall approach (hopefully) that favors getting the software into the hands of users versus simply “selling the expensive seat license” to decision-makers. The future is bright, and Box is proving that the right technology, with the right approach to distribution, can lead to great things…

SugarCRM is all over the news these days. We have seen lots of great coverage of our strong momentum and our recent financing news. The great news has resulted in SugarCRM CEO Larry Augustin appearing on Fox Business News, telling the story of how SugarCRM creates customer experts and is changing the CRM industry for the better.

Larry is beginning to be a cable news fixture, it seems. Following on the Fox appearance, Larry appeared today on Money Moves on Bloomberg TV. Larry talked about our recent funding from Goldman Sachs and how our customers across multiple industries are leveraging Sugar to improve their customer relationships. He also explained how SugarCRM is more nimble and agile in reacting to the changing needs of our customers versus all of the other rigid and non-innovative providers of CRM software in the market.

In case you missed it, here’s the clip.

We just hope Larry continues to focus on continuing to expand SugarCRM’s global business and not on a new television career.