What is a CRM and how will it evolve?
A CRM (Customer Relationship Management) is the software sales teams use to manage contacts, opportunities and sales pipeline. But the traditional CRM has a serious problem: it's a passive record. Deloitte's analysis of future retail and CPG technology trends shows how AI and automation are transforming customer management across industries. You enter data, you pull reports, you decide everything.
The future CRM will be radically different. It will integrate artificial intelligence to predict which leads are most likely to close, generate personalized emails with one click and display all your clients on an interactive GPS map.
According to Statista, the global CRM market will reach $128 billion by 2028. Platforms combining fresh data with AI and geolocation will dominate.