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Telecorp: A Disruptive Force in Making in SaaS CRM Space

Telecorp: A Disruptive Force in Making in SaaS CRM Space.

articleExxe Group Inc.September 25, 20133/company/rcabs-inc/news/telecorp-a-disruptive-force-in-making-in-saas-crm-space
Telecorp: A Disruptive Force in Making in SaaS CRM Space

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[{"type":"text","content":"\n \n \n Telecorp: A Disruptive Force in Making in SaaS CRM Space\n \n \nTelecorp: A Disruptive Force in Making in SaaS CRM Space\n \n NEW YORK, NY--(Marketwired - Sep 25, 2013) - Telecorp Inc. (PINKSHEETS: TLNUF), a leading developer of affordable, state-of-the-art Customer Relationship Management (CRM) and client contact software solutions, is pleased to announce the following article, Telecorp: A disruptive force in making in SaaS CRM space.\n Software as a service (SaaS) is rapidly evolving as a viable alternative to the old approach of distributed computing. Although the concept is not new, it has taken up sharply in recent year with technology biggies such as Amazon and Google offering their key products on this model. According to technology research firm Gartner, global SaaS revenues are projected to zoom to $40.5 billion by 2014, nearly three times from $13.1 billion in 2009. Within the overarching framework, one segment that is witnessing strong growth is the customer relationship management (CRM) software. SaaS already accounts more than 25 percent of the CRM software market and continues to grow at a robust CAGR of 17.4 percent, amounting to $3.8 billion in 2013 (Gartner forecasts). \n Focus on fragmented market \n More than half of this market is dominated by market leaders SAP, Oracle, Salesforce.com and Microsoft which typically target large corporations. However, a significant chunk of 44 percent remains with unorganized players. These small players usually cater to the tier two customers -- small- and medium-sized businesses (SMBs). This is the easiest pie to target and there are many players vying to get a slice of the market by focusing on this unorganized section. However, one startup standing out in the crowd is Canada based Telecorp Inc which is listed on stock markets in the United States and Germany. Unlike other startups, Telecorp righteously boasts of products which can cater to industries as varied as Financial Institutions, Insurance Companies, Brokers; Car Dealerships; Pharmacies, Hospitals & Clinics. \n Comprehensive suite of products \n Like most other competing offerings in the market, Telecorp's solution offers communication tools to enable staff to talk to clients. What makes it different from its competitors is the comprehensive suite of products with industry specific variations which can ...

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