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Archive for September, 2023

Dates : September 2023

Budget Woes Slow Marketing Hiring: The CMO Survey

September 29, 2023
Some people mark autumn by pumpkin spice latte, but marketers more attuned to the semi-annual release of The CMO Survey, published by Duke/Fuqua and friends since 2008.  The latest edition has all the traditional greatest hits, including marketing budgets and CMO attitudes.  There’s also plenty about AI (it adds value); digital transformation (definite progress but more to be done) and staffing (hiring has slowed as budgets tighten).
CDPI Newsletter

Getty Offers Gen AI Tool Built Only with Licensed Images

September 28, 2023
Unauthorized training data isn’t an existential threat to generative AI but it’s certainly a headache for users and developers alike.  Most developers are trying to exclude materials that creators have explicitly labeled as unauthorized and citing “fair use” as justification for copying everything else.  Getty Images has taken an opposite approach, building its gen AI tool only on materials that are explicitly licensed.  It’s possible that tracing the provenance of training data will become a standard, similar to how organic food producers trace the origins of their ingredients.
CDPI Newsletter

Fraud Captures 22% of Online Ad Spend: Juniper Research

September 28, 2023
Fraud accounts for 22% of online ad spend, according to this Juniper Research study, even higher than the 15% the ANA estimated is spent on “made for advertising” websites (bear in mind the two figures are measuring different things).  Also bear in mind that ad buyers don’t really seem to care: Ascend2 found ad fraud ranked dead last in their list of concerns, cited by 16%.  The top two concerns were finding the right audience (41%) and measuring ROI (38%).
CDPI Newsletter

PhonePe To Take On Google With ‘Made In India’ Indus Appstore

September 28, 2023
Fintech giant PhonePe has launched Indus Appstore Developer Platform for Android app developers to take on giants Apple and Google. The mobile app marketplace, Indus Appstore, has invited developers to register and upload their apps using its self-serve developer platform. The apps will be listed on the soon to be launched ‘Made-in-India’ Indus Appstore, offering a localised experience in 12 languages.
CDPI Emerging Markets

Australia’s Neara announces a AUD$10M capital raise extension putting its total funding at AUD$24M

September 28, 2023
Neara, which is an infrastructure modeling platform that employs AI to create models for simulations and analytics has raised $10 million (~US$6.35 million) with funding from Dutch VC Prosus Ventures, placing its Series B total funding at $24 million (~US$15.23 million). Neara provides tools that allow engineers and others to optimize and manage large infrastructure by offering simulations that illustrate risks of extreme climate conditions.
CDPI Emerging Markets