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Adobe Buys Magento for $1.68 Billion

Adobe has acquired ecommerce platform Magento for $1.68 billion cash. Adobe competitors Oracle, Salesforce, and IBM already have ecommerce products. Magento is stronger in the mid-market than Adobe Experience Cloud, so this may give them an opportunity to expand in that direction.

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Google Plans to Support IAB’s GDPR Consent Framework

May 23, 2018

We’ll start with news that Google will integrate with the consent framework proposed by Interactive Advertising Bureau Europe and IAB Tech Lab. Or not – suspicions among publishers run high, according to Digiday. As you may recall, the IAB wants Web sites to pop up a list of partners that visitors consent to receiving their data. Publishers didn’t find this very appealing in the first place but it would probably work well for well known and relatively trusted brand like Google.

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Virtual Agents Don’t Yet Solve Service Problems: NTT Data

May 21, 2018

NTT Data asked consumers directly about their top service frustrations and got quite different results from CCW: multiple transfers (12%) ranked far behind long wait times (43%), inability to reach a real person (20%) and uninformed agents (15%). Go figure. If you’re thinking automation will reduce wait times, consider this: 94% of consumers prefer a live agent, mostly because virtual agents often fail to resolve their problems. NTT does see change on the way as virtual agents get better.

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Two-Thirds of C-Suite Can’t Recognize Bad Data: Fivetran Report

December 6, 2021

Like the determined optimist who tells his boss the factory is on fire by reporting they’ll soon be able to update their equipment, let’s find some silver linings in a batch of gloomy surveys today, Dear Reader.  We’ll start with this Fivetran report, which finds that 85% of data leaders say their company has lost money by basing decisions on bad data, and 66% believe their C-suite can’t tell when that happens.  The bright side is there’s lots of room for improvement.

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