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Monetate Adds Report to Explain AI Decisions

February 9, 2018
Personalization vendor Monetate also has an AI-related announcement: they’ve added reporting to clarify the basis for their AI’s personalization decisions. This is noteworthy because AI’s inability to explain itself is often a stumbling block to adoption. Specifically, Monetate will now show which data categories most influenced individual decisions – a technique that’s been used for years with non-AI predictive models but is still not common in AI. The same information helps marketers uncover new customer segments.
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Bolstra Raises $1.5 Million for Customer Success Management

February 7, 2018
Assembling unified data for customer success management is a core use case for Customer Data Platforms. That’s why you should care that Bolstra has just raised $1.5 million for its B2B customer success platform. It’s the company’s second “seed” round, following a $1.5 million raise last February. Bolstra tracks customers through their lifecycles, recommends actions, and provides structured workflows for those actions. It builds a complete view of each customer but doesn’t share it as easily as a true CDP.
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Franchisers Focus Spend on Local Media: BIA/Kelsey Report

February 5, 2018
Data about store locations is most important to local marketers. A report from BIA/Kelsey finds that franchise marketers, which are mostly local businesses, concentrate their spending on locally-targeted media including direct mail, Facebook ads, Internet Yellow Pages, and community sponsorships. Most use their own marketing software and services but they still want the franchise parent to provide training in digital marketing.
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