IBM Announces New Smarter Commerce Initiative - Modern Distribution Management

IBM Announces New Smarter Commerce Initiative

New solutions combine technology from key acquisitions.

IBM (NYSE: IBM) announced new cloud and on-premise offerings that will help organizations respond automatically to shifting consumer and business trends.  The new solutions, Commerce-as-a-Service and Social Media Marketing, combine technology from key acquisitions such as Unica, Coremetrics and Sterling Commerce with IBM research and development.  

These new software solutions are designed to help companies intelligently automate supplier and trading partner interactions, automatically turn marketplace insights into marketing and sales actions and connect online, mobile and social channels to physical stores. 

With its Smarter Commerce initiative, IBM is defining and leading a new market that it estimates to be worth $20 billion in software alone.  Smarter Commerce transforms how companies manage and adapt to customer and industry trends such as online, social and mobile shopping and purchasing.  

"Smarter Commerce allows customers to shop or buy easily regardless of medium, channel or device," said Craig Hayman, General Manager, IBM Industry Solutions. "Informed by deep customer insights, companies can provide a personalized customer experience that feels like a service to consumers."

The new offerings introduced include:

TheCommerce-as-a-Service, whichaccelerates and extends the delivery of Smarter Commerce capabilities with:

A Cloud-based Configure, Price, Quote offering that simplifies the “quote-to-cash” process by allowing clients to quickly drive new revenue streams by bundling offers automatically.

A Cross-Channel Selling offeringwhich connects Web store fronts to mobile devices, social networks and other channels. This enables companies to generate new revenue streams by connecting products offered online to in-store purchasing and delivery.  This software is optimized for IBM POWER7 Systems, allowing high-volume retailers to personalize customers’ online shopping experiences, and handle online sales surges during peak shopping seasons without loss of performance. In addition, the systems integrate customer buying information across all sales channels, including online, mobile, in-store, POS and kiosks.

A Payments & Settlement solution that delivers a highly flexible and secure PCI compliant payment capability at customer checkout.

A Supplier Integration & Management offering that connects and automates supplier interactions, providing clients with a dashboard view of activity as it happens.

A Cloud-based File Transfer capability for moving large customer and partner data within and across businesses to support critical commerce needs faster and more efficiently.

Social Media Marketing, which delivers deep analysis of natural language processing of consumer sentiment in socialmedia. This allows customers to receive tailored, one-to-one marketing offers automatically in realtime.

IBM has enhanced its cloud-based Digital Marketing Optimization offering by adding a digital data exchange for the tagging, collection and syndication of customer data.   IBM is also adding capabilities to more simply analyze multiple enterprise Web sites and speed the ability to optimize email communications and reporting from creation, to deployment, to social sharing.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.