Choose country Search Menu Multiplied new deals with data-driven analysis Smart decisions Smart data Twitter Facebook LinkedIn Clipboard When tech company Esri Sweden realized that the sales meetings were not resulting in enough new business, the company decided it was time for a transformation. It put gut feeling aside and decided to start trusting the data of its sales and marketing processes. The result? The number of new customers exploded in the first year – also the sales and marketing organization became much more cohesive. The challenge: Identifying potential customers Esri’s system is one of the most advanced in the world. To retain its position in the market, each year the company invests 30 percent of its income into research and development. That being said, it’s not exactly difficult for the company’s salespeople to book meetings – everyone wants to hear about Esri’s exciting technical solutions. Yet this enormous potential ultimately became an obstacle for the company’s sales and marketing departments: “We had so many meetings, but generated far too little business,” explains Esri Sverige’s marketing manager, Ulrika Linné Åqvist. “We needed to do better at our prospecting and lead generation.” The solution: Narrowed prospect list with data-driven analyzis To succeed, Esri decided to enlist Bisnode analysts to find out about the ins and outs of the company’s existing customers. “Too many B2B companies trust their gut feeling when it comes to a potential customer. But why guess when data on existing customers can teach a company so much? You can’t create demand. Instead you have to target your activities at those who have a natural need for what you offer. Everything else is just a waste of time and money,” says Engagement Manager at Bisnode Analytics & Advisory Eveliina Hultén. The analysis began with Bisnode interviewing ten of Esri Sverige’s customers to identify their needs and driving forces. “We wanted to know their plans for investing in analysis-heavy areas, whether they have high system maturity but low specialist expertise, and whether they are a growing company with faith in the future,” explains Eveliina. “Based on our insight from these already strong customers, we could then ‘score’ similar companies based on key criteria.” About Esri Sweden What the business does: Esri Sweden is the Swedish distributor of the world-leading GIS platform ArcGIS by the US company Esri. What is GIS? Acronym for geographical information systems. GIS link geographic data with data on everything from demographics, customer behavior, and traffic conditions through to climate and weather in order to provide the basis for smart decisions. IT support that supports the exchange of big data. Number of employees: Around 100 employees across seven offices around Sweden – Gävle, Stockholm, Falun, Malmö, Karlskrona, Gothenburg, and Jönköping. Sales: Approximately SEK 290 million Part of a global network: The products are developed by Esri in California and are sold by more than 80 distributors with customers in 200 countries. At the same time, Bisnode conducted a quantitative analysis of Esri Sweden’s customer data to identify the patterns of a typical customer from a data-driven perspective in terms of, for example, their sales, number of employees, car ownership, and real estate ownership. In its analyses, Bisnode also took into account the companies’ expected growth and future recruitment. “Using Bisnode’s analysis, we could create a priority list of 800 similar companies that had the potential to become our customers,” says Ulrika. “We had suddenly got a manageable foundation for both sales and marketing, based on data.” The result: Dramatic increase in new customers The result of these data-driven efforts speak for themselves. In 2018, Esri Sweden gained dramatic increase in new customers than on average in recent years. In addition, sales and marketing began to work together in a way that was not possible previously. “Before, everyone went on their own gut feeling. Today, we have a common vision based on facts. We know who needs what we offer, and together we can work on the market,” explains Ulrika. “In addition, we’ve learned how to approach companies in different phases of their procurement journey, so even the customer experience has seen clear improvements.” “What’s more, all our activities are clearly linked to the company’s long-term objectives, which means we can work towards a common strategy. This has resulted in tremendous traction and, in many ways, transformed us as a company.” We can help you too. Read more about our different Products & Services here About Esri Sweden Esri is the global market leader in geographical information systems, known as GIS. GIS link geographic data with data on everything from demographics, customer behavior, and traffic conditions through to climate and weather in order to provide the basis for smart, predictive decisions. Initially, the company’s CRM consisted primarily of municipalities, public authorities and forestry companies. However, now that almost all consumers have the internet in their pockets – and also use map services on an almost daily basis – companies in almost every sector have realized what geographical analysis can do for them. Examples include retail, construction and real estate, manufacturing, logistics, and transport. Share it with your network! Help your friends to new knowledge Twitter Facebook LinkedIn Clipboard Deepen your knowledge Tap into articles, analytics and trends. Article Forget the gut, face the facts! Article 7 Steps Towards Data-driven Organization Article Impossible to I’m Possible - Data Driven Decision Making Show more Contact us Rosenborgsgatan 4-6, Solna, Sweden + 46 8 558 059 00 info@bisnode.com VAT: SE556341568501 Postal address: Bisnode AB Sweden, 169 93 Solna About Us About us What we do Careers Developer Topics Smart Data Smart decisions Digital transformation Data-driven marketing Compliance Contact Contact us Change country Legal Cookies Cookie Settings Bisnode has joined Dun & Bradstreet. Please note that until further notice the formal legal entity name Bisnode remains in relation to registration number/VAT number. About Cookies By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. Read more in ourCookie Policy Accept All Cookies Reject All Cookies Cookies Settings