ID.me also plays in the user security arena, although their specific focus is identity verification, and in particular remote verification of physical IDs such as passports and drivers licenses. They just raised $8.3 million in new funding, bringing their total to $55 million.
The News Gods are taking an extended holiday, which gives me a chance to cover technical news that rarely reaches the head of the queue. First up, Informatica has purchased metadata management tool Compact Solutions. Its superpower is extracting metadata by scanning everything from databases and applications to hand-coded scripts. How much fun is that?
CIOs were even less pleased with remote working: 95% said their organizations had been bogged down by inefficiencies in this Hitachi ID Systems survey. Password lockouts were the most common challenge. That may not be surprising but this is: 52% said on-premise solutions had proven more agile than software-as-a-service or cloud-based solutions.
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.