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Archive for August, 2022

Categories : CDPI Newsletter
Dates : August 2022

Tech Buyers Look for Industry Experience and Post-Sales Support: Epicor Survey

August 25, 2022
Unless you happen to sell point of sales systems, this Epicor survey of POS buyers may not seem relevant. But the results are probably similar for other tech products.  Key findings: 73% of buyers consider replacing a system within three years of buying it; 93% prefer a system tailored to their industry; 92% want sales teams that understand their industry; sellers don’t provide enough support during deployment; and data migration is the biggest deployment challenge.
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Medallia Closes Purchase of Callback Scheduling Vendor Mindful

August 24, 2022
The simplest description of Medallia is “listening platform”, but that sounds creepier than what they actually do, which is to analyze and react to customer and employee conversations.  They were bought by software investor Thoma Bravo last October and have made at least four acquisitions since then, including the Thunderhead journey orchestration engine.  They just closed their deal for callback scheduling vendor Mindful, which was announced in July.
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DrivenIQ Raises $15 Million Series A to Fill Voids in CDP Market

August 24, 2022
DrivenIQ helps car dealers pull together data about customers and prospects, with a broad range of features including web traffic analytics, website visitor identification, geo-zoning, identity resolution, and 14 billion customer records related to more than 230 million U.S. households.  They promise to “fill significant voids in the Customer Data Platform Market” although it’s not clear what voids they have in mind.  What is clear is they just raised a $15 million Series A.
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Retail Media Revenue to Top $40 Billion in 2022: eMarketer Report

August 23, 2022
You may not want another item about retail media but look on the bright side, Dear Reader: it’s not about social commerce.  Anyway, this overview by eMarketer is pretty good, including the headline estimates that retail media ad revenue will grow 31.4% this year, total $40.8 billion and account for 16.4% of U.S. digital ad spending.  But don’t get too frisky: Amazon accounts for 77% of the total.
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Employees Suffer More than Customers from Poor Identity Management: Radian Logic Study

August 23, 2022
You can download this Radiant Logic study on identity management without sharing your email address, which may be the authors’ sly comment on the value of some customer information. Sure enough, the IT leaders who answered the survey were much more likely to worry about the impact of “identity sprawl” on employee frustration (46%) than on customer service (12%). They have a point: 60% said their company has more than 21 different identities per internal user, leading to all sorts of inefficiencies and security risks.
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Yahoo Adds Comscore Brand Safety Filters for CTV

August 22, 2022
Connected TV, which includes streaming, is cruising towards a 20% share of all TV advertising.  Brand safety concerns are growing right along with it. Yahoo DSP is addressing the problem by integrating Comscore’s Activation product, which offers pre-bid inventory filters based on analysis of program content. The filters will enable fine-grained exclusions that protect brands while leaving more inventory available to advertisers.
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