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DMPs Down and CDPs Up: Cardinal Path Report

June 19, 2019
CDPs aren’t the stars of Cardinal Path’s latest State of Digital Marketing Analytics report, although they do play a supporting role as suspects in the decline of Data Management Platforms, whose adoption fell across the board. The authors relate the DMPs’ fall to growing interest in CDPs, citing this Google Trends chart. I’m skeptical but maybe some people who bought DMPs for the wrong applications are now finding CDPs are a better fit.
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Adobe Campaign Adds Triggered Journeys Powered by CDP Data

June 18, 2019
Adobe included a “real time CDP” with persistent profiles in the Experience Platform it released in March. They’ve now added four “use cases” for Experience Platform, confusingly including real time CDP on the list. More concretely, they’ve announced “triggered journeys” in Adobe Campaign that draw on CDP data to help choose reactions to customer actions. Adobe sees this as an “industry first” although it’s not clear why.
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Sales Has Largest Corporate Tech Budget But Marketing Outspends IT: DiscoverOrg Study

June 14, 2019
In the mood for some math? DiscoverOrg asked chief financial officers what percentage of total spend goes to each department and what percentage of each department’s spend goes to tech. Combine those and you can estimate the percentage of total tech spend by department. Fun! The result suggests that sales accounts for 31% of total tech spend, while marketing is in third place with 16% and IT ranks fourth at 9%.
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IT and Business Units Cooperate More at Digital Leaders: Harvey Nash and KPMG Study

June 14, 2019
On the other hand, when Harvey Nash and KPMG surveyed IT leaders, 95% said they manage 75% or more of their company’s tech spend. They wish.  More believable: companies that are digital leaders were more three times as likely as non-leaders to have a collaborative relationship between IT and business units (54% vs 18%). Lots of interesting data here but, as with any survey, keep in mind the source.
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