Do you need to improve business decisions but are having trouble integrating data from different sources? Or perhaps you're looking for a way to better understand your customers' behaviour to provide personalised experiences that boost engagement? In that case, Salesforce Data Cloud may be the answer.
WHAT IS SALESFORCE DATA CLOUD?
A few years ago, Salesforce initiated the development of a customer data platform (CDP), which at the time was primarily intended for use with Marketing Cloud. Now, however, it is the fastest growing organically-built product, with over 500 customers. The ability of Data Cloud to combine transactional and historical data makes it possible to process hyper-scale data in real-time. It unifies data from any source to give companies and marketers a holistic view of their customers.
By utilising its hyper-scale data platform across the entire Customer 360, Salesforce Data Cloud enables the first truly real-time CRM system. It's now connected to a variety of products, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Slack, Tableau, Mulesoft, and Salesforce's 13 industry clouds.
As the new data infrastructure for the Salesforce platform, the Data Cloud uses a canonical metadata model to unify all systems containing data. This means any data stored in Data Cloud is visible and accessible across every app built on Salesforce. Furthermore, by eliminating the need for manual setup and maintenance of expensive data infrastructure, the Data Cloud significantly reduces both capital and operational expenditures.
WHY CHOOSE SALESFORCE DATA CLOUD?
In the modern business landscape, there are numerous benefits that Salesforce Data Cloud can bring to your organisation. It allows seamless data integration, providing your business with a central hub to store and analyse data from Salesforce and other cloud applications. This centralised data hub offers key features such as data visualisation tools that can spark new insights, customised connectors for importing data, and accessible APIs that allow IT teams to integrate systems smoothly.
However, you may be having trouble with budget-eating redundant systems or scalability issues as your team grows. Salesforce Data Cloud can help you cut costs by eliminating unnecessary systems and processes and ensuring easy scalability even as your business grows.
BENEFITS FOR BUSINESSES
Salesforce Data Cloud serves as a powerful platform for data analytics, predictive analytics, and data visualisation. It can be the key to unlocking your company's full potential when it comes to gaining insight into customer behaviour, forecasting future trends based on historical data, and formulating effective business strategies.
Salesforce Data Cloud opens up numerous benefits to businesses:
- Increased Revenue: Personalised cross-channel customer experiences can enhance engagement rates and cut customer acquisition costs.
- Customer Retention: Insights into customer churn can lead to more effective service delivery practices.
- Improved Marketing Strategies: Access to diverse data sources for informed promotional decisions.
- Growth Opportunities: Analysis of customer purchase patterns for identifying new growth areas.
- Increased Productivity: Real-time reports and elimination of redundant systems accelerate decision-making processes.
- Customer Engagement: Personalised experiences to make customers feel valued.
- Cost Savings: No need for additional hardware or software installations. All functions run smoothly on Amazon Web Services servers around the world.
DEALING WITH DATA SECURITY CONCERNS
With data privacy being a significant concern in today's digital age, you might feel apprehensive about storing your data in the cloud. Salesforce Data Cloud uses robust data encryption (AES-256 bit encryption standards, including ISO 27001 and SOC 2 Type II) to ensure your data remains secure.
With Salesforce managing encryption keys and stringent authentication / authorisation processes, your data will be accessed only by authorised parties, keeping it secure and safe.
CONCLUSION
If you want to boost customer engagement, collect more useful data, reduce operational expenses, and rapidly expand your business, Salesforce Data Cloud could be the tool you need. However, challenges such as potential high implementation costs, privacy concerns, and apprehension about sharing data with third parties may be your stumbling blocks. These challenges can be overcome with the aid of Salesforce's robust data privacy and security features, along with the right partner, resources, and customisations.
If you're looking to boost productivity, cut costs, and provide better service to your customers, Salesforce Data Cloud is the way to go.
