While data is the new currency of business, it’s worthless without ensuring individuals and organisations can rely on and trust in the integrity of that data.
So suggested Salesforce co-founder and co-CEO, Marc Benioff, during his opening keynote at the company’s annual Dreamforce conference.
“It’s a trust revolution. Everything is changing in our industry. Everything is changing in our work. It’s an intelligence revolution. AI is becoming such a pervasive part of our world,” he said, setting the scene to announce the launch of Customer 360 Truth, a set of services designed to aid firms in authenticating, connecting and governing customer data and identity.
“Revolutions are not easy and there are gaps. Those gaps are also between us and our customers. We’re able to heal these gaps and bring these things together. That is also why we are building our Customer 360 platform. We have done this together. We are building this together.”
By better understanding customers, he claimed, organisations will be able to more easily and comprehensively deliver more personalised and exceptional customer experiences.
“We love data. Data is an important part of everything we are doing and everything that you are doing,” Benioff added.
“We have moved from systems of record to systems of engagement. We then moved from systems of engagement to systems of intelligence. Now we have moved from systems of intelligence to a single source of truth.
“As we pursue the truth, it requires us at Salesforce to transform. That is why we have also enhanced Customer 360.”
Customer 360 Truth provides a single source of the truth by uniting previously disparate data from commerce, marketing, sales, service, and more, to create one, universal Salesforce ID for every customer. This ID brings together behavioural historical data that can come into play during a customer engagement - whether that’s marketing, problem solving, sales or something else.
During his keynote address, Benioff used financial services firm State Farm as case in point of what can be achieved through better and easier access to customer data.
“We want to be about the customer and the customer experience is absolutely dominant in that," said Fawad Ahmad. State Farm’s chief digital officer (CDO).
“I’m proud to say I work for an organisation that has always focused on the customer. We will always be guided by their needs, their dreams, and aspirations. C360 Truth becomes a single, reliable place we can go -regardless of where in the company - to be able to look at, and then leverage, the intelligence that comes from the platform.’
