Executives from four companies with unique products for solving search challenges within organizations will share their thoughts on what is most interesting, promising and problematic in the current market at Gilbane San Francisco,on June 19th. Because it is important to consider markets, this type of session gives the panel and audience a chance to recognize the perspectives of each other, sellers and buyers. I’ll be asking the executives to comment on their product strengths, with emphasis on specific value propositions for buyers. There will be an opportunity for the audience to ask questions because what is on the minds of buyers is often the most interesting for everyone to hear. When one listens to questions asked of vendors and hears responses, it reveals two important things about markets:
- Alignment that exists (or not) between what buyers want and what sellers have to offer
- Challenges both face to create value
Think about it. When individuals are tasked with selecting any technology on behalf of an organization or organizational unit, their ultimate success depends on selecting a product and company that truly supports a value proposition for that enterprise business need. While the buyer has responsibility for implementing or selecting the right implementation team, s/he rightly depends on good guidance and a healthy relationship with the purveyor of product. When a technology company puts its product in the hands of a buyer it must do so with the confidence that its product comes with a total value package. By that I mean not just the technology but also the design, toolkit, and support team to guide its successful implementation.
No one, particularly vendors, likes to talk about negatives. However, given all the things that can go wrong for a buyer trying to manage an implementation team or for sellers who don’t anticipate expectations about their products not explored during the selection process, it is important to consider factors that lead to failure or less than satisfactory outcomes. One question I will have for vendors is to share honestly some of the challenges or disappointments about the market that are a particular point of pain for them. Bad-mouthing customers is not the answer but conveying how hard most vendors honestly try to create value and how their best intentions can be derailed through miscommunication may help buyers and sellers smooth the communication flow.
After all, don’t we all want to provide value for our internal and external customers? I think you will find the panel a receptive group: a 25+-year veteran of the information access market, a marketing executive with an international search and text analytics firm, a founder of a rapidly growing plug-and-play search solution, and a marketing VP working to position a company with a large scale solution against the “big-three” search solutions. You’ll hear straight talk and interesting value propositions.
Speakers: , President, Accession Innovation, VP Global, Marketing, ISYS, , President & CEO, and , VP Marketing, Vivisimo