Salesforce - Einstein Analytics

   2019-10-22       32        Education
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Salesforce CRM tool has undergone massive transformations over the years. Salesforce's Einstein Analytics is one of its innovation that has changed the way we look at data management.

Salesforce is the pioneer in using cloud technology in the CRM system. It is a popular and leading customer relationship management (CRM) tool used by many organizations. When Salesforce was launched, it started as a tool that people in sales used to track their accounts, opportunities, leads, and financial information. It helped to create projections and follow up with their customers. Today, it is used in various industries to track their customer interactions, predictions, analytics, reports, and to manage customer accounts and information.    

History of Salesforce
Salesforce was started by Marc Benioff, Parker Harris, Frank Dominguez, and Dave Moellenhoff in an apartment in 1999. By 2000 they had an office, a promising product, and a wonderful team. In 2003, they launched Sforce 2.0 in an event they hosted called the Dreamforce. In 2005, they launched AppExchange. Through this software, they opened the market for partners to develop applications. They allowed these applications to be open to Salesforce customers. They continued to innovate and bring transformation to the business. Today it is one of the multi-million dollar companies and ranks second in 2019 list of Fortune’s best companies to work for. Salesforce CRM is the most widely used CRM in every industry.    

Einstein Analytics: Salesforce team understands that organizations are growing, and so is their customer base. The amount of data an organization handles is growing exponentially. It is difficult to manage the database, understand every trend, and understand every correlation by manually exploring data. To overcome the challenges faced by organizations and businesses, Salesforce introduced Einstein Analytics. Einstein Analytics uses advanced Artificial Intelligence (AI), which makes every interaction smarter and much more flexible and easy to manage. The launch of Einstein Analytics has made things so much easier for marketers, analysts, sales representatives, and service agents. Organizations no longer require experts to help or write complicated algorithms.  

The main highlights of Einstein Analytics are:

  • Build intelligent Apps - App developers can build customized apps. It has built-in templates to design dashboard, easily build widgets, and use the layout builder to optimize the dashboard.
  • Salesforce Sales Cloud - Einstein helps in Lead Scoring. It will give you everyday insights on important leads to follow up, which is critical information for sales reps and their performances.
  • Salesforce Marketing Cloud – Social insights of Einstein will give you deeper insight into social conversations. You can get information about competitors and acquisitions in your market.
  • Community Cloud – Einstein recommends relevant information for every community. The content delivered is customized and according to the interest of the specific community.  

Einstein engine uses Salesforce data to predict or analyze information. Since it uses already existing Salesforce data, it makes things a lot easier. There is no need for a data scientist or requirement of a new platform. The use of Artificial Intelligence makes the tool smarter and ready to explore. The innovations by Salesforce has made life so much easier for reporting, analytics, predictions, and so on. Einstein Analytics is a game-changer for businesses that manage tons of data daily. The use of the Analytics App and Einstein Discovery has helped users in tremendous ways. Some of the benefits are as follows:

Analytics App - The way CRM is used has been revolutionized. The tool is now role-specific and gives access to data and authority to take action without any barriers. The user can manage the analytics app in a self-service way to look into data that is more relevant, collaborate, get deep insights, and take prompt action from their device. Sales reps can use Sales Analytics to manage their pipeline, forecasts, and measure team performance. Service agents and outsourcing industry managers can enhance their customer satisfaction and agent efficiency using Service Analytics. Marketers will get insights into the pipeline, campaign performance, and engagements.

Einstei"

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