And here’s IDenTV, which uses AI to identify faces, objects, logos, scenes, and activities within videos. It stores them as metadata so the videos can be searched, analyzed and used to train other AIs. You read that right: the machines are making other machines smarter.
Grapeshot calls itself a ‘contextual intelligence platform’, which could mean just about anything. What they really do is analyze and classify Web page content. The main application these days is brand safety – that is, avoiding placing ads on pages with objectionable messages. Oracle just bought them for an undisclosed amount.
Is personalization as important as marketers think? When customer care vendor Narvar asked retail shoppers why they’d give a retailer repeat business, 77% cited fast shipping on replacements for lost or damaged items, 69% said quick refunds on returns, 54% mentioned an accurate delivery date promise…and just 25% cited a personalized experience. Of course, marketers always don’t control those operational practices. But maybe they should try.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.