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Price optimization dominates AI's contributions to improving sales this year based on conversations with CROs and CEOs.Predictive opportunity scoring, predictive lead scoring, predictive analytics for forecast management and guided selling are the top four AI-based technologies B2B selling organizations plan to deploy in the next 12 months, according to Gartner.By 2025, 60% of B2B sales organizations will transition from experience- and intuition-based selling to data-driven selling, merging their sales process, sales applications, sales data and sales, according to Gartner.Revenue increases from adopting AI are reported most often in marketing and sales and cost decreases most often in manufacturing, according to McKinsey's recent Global Artificial Intelligence Survey.Sales organizations are under increased pressure to reduce selling costs while stabilizing margins and closing only the most profitable deals.

AI-based price and revenue management applications and platforms are proving indispensable in keeping sales, marketing, operations, services, accounting and senior management synchronized with real-time updates to achieve more.

McKinsey's Global AI Survey: AI proves its worth, but few scale impact survey provides insights into where AI is making its greatest contributions and reducing expenses.

The majority of executives whose companies have adopted AI report that it has provided an uptick in revenue in the business areas where it is used and 44% percent say AI has reduced costs.

Leaders in this area include Vendavo, who has decades of experience providing price optimization solutions for the chemical, distribution, high tech, manufacturing and aftermarket industries.

Every CMO and their CRO counterpart are having discussions about how the rate of opportunities transitioning from Marketing Qualified Lead (MQL) to Sales Qualified Lead (SQL) can be improved.

Using digital solutions to transform your business.

Every enterprise is going through a massive digital transformation.

In the past few years, the term digital transformation has taken over the entire world.

Every company is trying to make its mark in the digital space using technologies and solutions to fulfill the needs of its customers, partners, and suppliers.Read more: https://www.sonata-software.com/blog/digital/digital-transformation-vs-digitalization

Today’s world is becoming increasingly digitally driven with technologies gradually reshaping multiple industries, including the financial domain.

From humble beginnings of online banking in the late 1990s to the possibility of, say, taking out a loan using a smartphone, those of us in the industry are lucky to witness the conversion toward a new era in finance.

Digital transformation is becoming an integral feature of the financial sector, but what is this transformation exactly?

In brief, digital transformation introduces technology to the business processes, products and services of a bank.

This Article Source is From : https://www.forbes.com/sites/forbesfinancecouncil/2020/09/29/what-drives-digital-transformation-in-banking/#bec4a3a7dc52

COVID-19 has unfolded the secret to digitalization for the business across the globe.

Let's find out how and why #DigitalTransformation is going to be a major trend amid the pandemic.Learn More at : Technology Solutions. 

Digitalization has been helping the Indian realty market to a very great extent, especially during the pandemic where technology has proven to be essential.

While buying a property will forever remain a physical affair, the future of real estate transactions is digital and virtual.

Utilizing digital advancement accurately will provide a level of satisfaction to everyone.

Associations who need to stay significant should adjust to this new digitalization pattern.

Prance Gold Holdings is one of the organizations that grasped digitalization, making a more extensive client base, and providing its services worldwide.

To know more, visit us.