Salesforce-Certified-Identity-and-Access-Management-Designer thinking - Certified Identity and Access Management Designer Updated: 2023

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

As 2023 comes to a close, United States equities investors may be interested in thinking about what kinds of tech companies will do well next year. The Nasdaq is returning more than 36% after entering “correction territory” in the October. A new inflation report, which indicated headline U.S. inflation essentially stalled in October, while the “core” consumer price index, increased only 0.2% from September, could incite a broader market rally as the year comes to a close. As the Nasdaq goes on to have one of its best years in decades, investors might want to know which Big Tech stocks will beat the famous index in 2024. Below are some ideas.

Advanced Micro Devices (AMD)

Source: Pamela Marciano / Shutterstock.com

Advanced Micro Devices (NASDAQ:AMD) is about to enter the artificial intelligence (AI) semiconductor chip race that its competitor Nvidia (NASDAQ:NVDA) has largely dominated. Market analysts and technology enthusiasts alike have been fervently discussing AI chips ever since the release of OpenAI’s ChatGPT earlier this year. Large language models (LLMs) are the complex computer models that “train” these conversational AI bots, and they require an enormous amount of processing power.

In AMD’s second quarter earnings report released in mid-June, the chipmaker finally announced the MI300x GPU chipset which will compete directly with Nvidia’s A100 and H100 chips used to train LLMs. Furthermore, the chipmaker announced it expects to sell $2 billion in AI chips next year. If AMD can price competitively there could be a clear opportunity for the company to capture market share from Nvidia, and this could significantly push up AMD’s share price throughout next year.

Taiwan Semiconductor Manufacturing Company (TSM)

Source: Sundry Photography / Shutterstock.com

Now if you’re wondering which company is responsible for making these revolutionary AI chips, do not look any further than Taiwan Semiconductor Manufacturing Company (NYSE:TSM) or “TSMC” for short. TSMC specializes in advanced manufacturing processes, such as five-nanometer and three-nanometer technologies, which enable smaller, faster and more power-efficient chips. Due to its competencies in chip manufacturing, TSMC also plays a key role as a supplier of AI chips for ChatGPT and other conversational AI bots.

TSMC’s recent earnings report should have allowed investors to sigh in relief. The semiconductor manufacturer not only boosted revenue guidance, but also noted the chip slump appeared to be coming to an end. The company’s stock price performance is nearly neck and neck with the Nasdaq, but this positive market news could result in surprising financial performance and, thereby, share price appreciation next year.

Salesforce (CRM)

Source: Sundry Photography / Shutterstock.com

Salesforce (NYSE:CRM) is the leading provider of cloud-based software solutions for customer relationship management (CRM). Aided by enterprises implementing cost-saving digital transformation efforts, including digitizing their CRM practices, Salesforce has been able to grow rapidly over the past decade.

Unfortunately, like many businesses, the software company has been hit with headwinds of the challenging macro environment, which has made it tougher for Salesforce to increase revenue growth from a year-over-year perspective. As a result, Salesforce has had to employ a number of cost-cutting initiatives which have so far helped the company to maintain profitability margins. As the macroeconomic environment improves and the possibility of a “soft-landing” scenario for the U.S. economy becomes more of a reality, Salesforce may be one of the company’s investors should bet on for market beating returns 2024.

On the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

More From InvestorPlace

The post 3 Big Tech Stocks Likely to Outperform the Nasdaq in 2023 appeared first on InvestorPlace.

Branded Content by Cosmic Press

Efficient document automation and document management are one of the keys to closing deals fast and making sure paperwork does not get in the way of securing business with major clients. Having a secure document management system also goes a long way to instilling trust in your clients that your systems are safe and reliable to use. In today’s digital age, there are several different ways of managing your organization’s documents, as well as automating them. But arguably Salesforce document generation is the most effective method of all. In this article, we focus on how Salesforce document management and automation can be a game-changer for your business. And while Salesforce itself doesn’t have robust native document generation capabilities, there are several official Salesforce partners who do. So you have lots of options to choose from when streamlining documentation for more deals, better business, and less administrative stress upon your organization. Read on for top tips and details. 

Document Management System 

So what is document management? Simply put, document management refers to the process of storing and organizing your documents. Back in the dark ages, before digitization, this was usually a manual process that involved painstaking labor and paper-based filing. Fast-forward to today and there are lots of document management software options to choose from to help you streamline your documentation. We think integrating with Salesforce is one of the most efficient ways to manage documents because it gives you direct access to the richest source of customer data on the planet. 

Document Management Software 

There are of course a range of great options to choose from when it comes to document management tools. Box, Dropbox, and Microsoft SharePoint are some of the biggest players out there right now and all supply you convenient options to securely store your docs, organize them, control versions digitally, and be able to pull out the right file as and when you need it. The one thing missing from these document management options is direct access to a rich CRM. Most good document management systems do integrate with your Salesforce via a dedicated app, and we suggest that if you choose to use a document management system: you opt to go for one that connects easily to your Salesforce. This way your document organization will be enriched by access to the most accurate and personalized data on customers and partners. 

Salesforce has its own document management system and specific features that can help you perform necessary actions. For example, in the Files home area, you can upload and share documents, using Salesforce Knowledge you can share knowledge-base type articles, and in the Documents tab area, you can store and organize Visualforce files. Attachments are of course one of the simplest document management features Salesforce has and this enables you to attach files to records in your CRM. 

Document Management Workflows 

Digitizing your document management of course opens up exciting possibilities for streamlining your workflows. By storing your documents somewhere securely and in an organized way, you no longer need to worry about drowning in paperwork or spending hours organizing files. We suggest drawing on the power of Salesforce for document management workflows because the planet’s leading CRM has some of the most robust automation features on the planet. Read on below where we break this down in more detail. 

Document Workflow Automation 

Document automation software can provide your business with quick wins where you need them most. Imagine you want to get a big contract or quote signed quickly, instead of having to manually orchestrate the process, you can have automations set up so that your salespeople and executive leadership don’t need to waste time on admin. Instead, they can concentrate all their energy on interacting with, and building relationships with clients, and automation software can do the heavy lifting. Salesforce offers useful document automation capabilities namely via its Intelligent Document Automation offering which is available for Enterprise, Performance, and Unlimited Salesforce users as well as in Lightning Experience. 

Intelligent Document Automation from Salesforce enables you to pull data from an uploaded document via optical character recognition and then leverage this data to automatically start a flow, place in a queue, or add to a checklist. This enables you to automatically manage documents and assign them to workflows without having to manually sift through data for hours. 

The Limitations of Document Management and Automation in Salesforce 

While integrating your documentation with Salesforce provides several big benefits to your organization, it is not without its limits. One is that Salesforce does not always provide adequate storage so you will probably need to work with a third-party storage service like Dropbox. Salesforce also does not have the ability to automatically generate documents in a range of formats, and this is a big one! Document generation for Salesforce is the ability to dynamically generate documents by pulling data from your CRM system. Salesforce itself only allows you to do this for PDFs of your quotes but official Salesforce partners, like Titan, will supply you the ability to generate any document from Salesforce in real time and for any use case. We suggest opting for a tool like Titan (you can shop around on the AppExchange). Third-party tools like Titan are often more cost-effective than Salesforce itself and can offer easy-to-use no-code options. 

The right tools will supply you complete document generation abilities as well as document automation and management. The result? Lightning-speed documents so that your deals will never be stuck again. 

Wrapping up Document Management and Automation 

And that’s a wrap, we hope you enjoyed this article and learned more about the benefits of digitally managing and automating your documents. Salesforce may seem like a daunting system to learn if you are a newbie but just remember the basics: integrating your documents with this CRM will supply you personalized and comprehensive views into each and every customer. And if you aren’t happy with some of Salesforce’s limits, or find it difficult and expensive to use, then why not try out a third-party system to help ease some of the burden and make Salesforce simple?  

With so many companies out there, it can be tough to nail down the best Salesforce alternative for your business. To find the right one for you, consider your goals, budget and must-have features. Additionally, consider user reviews and review articles to get a fuller picture of what the CRM software is like. We also suggest asking friends or colleagues from other companies to see what they use for their business and if they recommend it.

Essential Features

You may have certain CRM features or integrations in mind that are necessary for your business to run smoothly. If so, be sure to write them out and reference them during your search. Consult your team and other relevant stakeholders to review the list and add to it, if applicable.

• Automation tools: Your CRM software should be a central hub for finding leads, turning leads into customers, and relating with them to build customer retention. That means you need a CRM with automation features for lead management, contact management, sales forecasting, sales completion, project management, pipeline management and even email marketing.
• Reporting and analytics: Your business requires a CRM that provides in-depth and easy-to-understand CRM analytics. The data and reports you’ll get will guide your teams to develop and maintain the marketing and customer relationship strategies they need to achieve better and faster results.
• Integration capability: Ensure the CRM you’re considering enables integration with third-party apps. That’s because you’ll need CRM integration with customer data platforms, marketing software, VoIP services, email marketing software, scheduling tools such as Calendly and Doodle, and others to relate with your customers appropriately and from one place.
• Mobile accessibility: You need a CRM that provides access to CRM features even when you’re away from your desktop. That means accessing essential customer data and insights, staying on top of relevant information and initiating or completing necessary customer relationship tasks—on your Android or iOS devices with easy navigation.
• Customization options: Choose a CRM platform that allows you to customize the app to suit your business operations. You should be able to select dashboard elements, customize workflows, personalize communications and customize your package via multiple pricing plan options or add-on availability. Even better is a CRM that enables application programming interfaces (APIs) for enhanced CRM software configuration.
• Robust data security: Ensure your chosen CRM can secure customer data. Security features to look out for are encryption, two-factor authentication and advanced user permissions.

Goals

Aligning with your team is the first step you should take when looking for a Salesforce alternative. Understand what they need or don’t need in a CRM and ask if there are any pain points with Salesforce in particular.

Measure these against your business’s priorities. Review past reports to identify gaps or areas of improvement, and make sure that a CRM can help you reach your goals. For example, if you find that your customer satisfaction score (CSAT) numbers were lower than expected, a CRM can help you streamline your customer support management to provide better service.

Pricing and Budget

CRM providers vary in price. Companies such as Freshsales CRM and monday.com offer free versions, but you’ll need to pay something per month or year to get their premium features or add as many users as required. Generally, CRM pricing ranges from a few dollars per user to hundreds per month. It all depends on your needs. However, consider factors such as a CRM’s per-user per-month rates and whether discounts are available for bulk subscriptions.

Also, check for the need for specific contracts, add-ons or integration capabilities. For instance, Microsoft Dynamics 365 enables software integration only when you pay for its add-on feature. So, consider each CRM’s pricing peculiarity and nail down your budget ahead of time to make your search easier.

Ease of Use and Support

You need a CRM that is easy to set up and navigate. So, choose one with user-friendly layouts that allow you to create tasks, import and export data and update information. Also, ensure the CRM supports its users via various channels, including phone, live chat and email. Other popular support channels to look out for are tickets, user forums and resources such as webinars, tutorials, live demos and a rich knowledge base of answers to FAQs, infographics and videos. A CRM software that is easy to use will help you enjoy CRM benefits, and a reliable support team will make sure you don’t miss out on those benefits due to glitches.

PR Newswire

NEW YORK, Nov. 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CRM, APP, BILL, LLY, and EBIX.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.

1. CRM:
2. APP:
3. BILL:
4. LLY:
5. EBIX:

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

View original content to get multimedia:https://www.prnewswire.com/news-releases/thinking-about-trading-options-or-stock-in-salesforce-applovin-bill-holdings-eli-lilly-and-co-or-ebix-301983357.html

SOURCE InvestorsObserver

According to Salesforce’s latest research, at least 180 million people are using AI-powered tools like ChatGPT on a daily basis. For Salesforce alone, this means serving up more than 200 billion AI predictions.

“AI is not a new concept and it’s definitely not a new concept for Salesforce,” said Matt Marcotte, senior vice president, industry advisors RCG & MAE at Salesforce at the WWD Apparel & Retail CEO Summit. And as the industry enters wave three of the AI, what’s important to remember is that an AI revolution is actually a data revolution, it’s a skills revolution, a huge trust revolution and ultimately it should be a customer experience revolution. Retailers need to keep up.”

More from WWD

With waning consumer loyalty, Marcotte said, Salesforce believes it is imperative for retailers to use AI to create stickiness and increase the share of wallet.

Based on the company’s research, 58 percent of retail marketers are using general AI already to produce creative for ads for emails and social media. With this in mind, the company’s researchers predicted that $194 billion of online holiday sales will be influenced by a combination of predictive and generative AI. Eighty-eight percent of service decision-makers say they are already increasing their use of AI in their business, and retailers have already doubled their ability to use data to deliver and create personalized experiences.

To help brands and retailers better understand how to successfully utilize generative AI, Michelle Grant, director of industry insights at Salesforce, pointed to key findings gleaned from two latest surveys taken by Salesforce. These insights included consumer interest levels in using generative AI for shopping, where 90 percent of respondents reported interest in using it to get gift ideas. Another 16 percent also said they are very interested in using the technology for wardrobe inspiration, and 14 percent said they are very interested in using it to supply beauty recommendations.

Story continues

Looking specifically at how the fashion and beauty retail segments are using generative AI, Grant shared that 63 percent of fashion retailers are already using generative AI to generate product recommendations for store associates, while many others are also using it to provide digital shopping assistance and send personalized responses. These tools do not require human intervention, which importantly frees employees to focus on higher-value tasks.

The way brands and retailers should be thinking about AI, said Marcotte, is with the importance of a connected ecosystem to get a single source of truth around your customer at every single touch point that they have. Notably, a latest research report conducted by Forrester for Salesforce looked at multiple retailers and brands that had invested in the Salesforce for Retail program, finding a 257 percent ROI over a three-year period.

“We have infused predictive AI and generative AI in our entire 360 suites,” Marcotte explained. “Every product you see here has GPT as generative and predictive AI capabilities, this will help you to move faster and drive more and more profitable results. What [Salesforce] is doing is setting these retailers up for success to take advantage of all that AI can supply them, like a strong data foundation and the right types of systems in place.”

Best of WWD

Click here to read the full article.