You knew your smart speaker had a microphone, but what about that treadmill at the gym? Equipment maker Life Fitness has launched an ad network on its devices, complete with programmatic inventory sold through Vistar Media. So far it doesn’t seem the advertising is targeted at individuals but surely that comes next. Not possible, you scoff? Remember that treadmills already have biometric sensors and Internet connections.
SAP yesterday joined the parade of enterprise software vendors who announce plans to launch a CDP without revealing a schedule or details. The goal they described – “to ingest all customer attributes to create a unified profile, including experiential, operational events and activity, behavioural, consent and first-party profile, and demographic data” and share these in real time with SAP and third party applications – sounds like a real CDP. We’ll see what they deliver.
This report from Forbes Insights and Treasure Data shows that personalization leaders are winning, too: it finds that 54% of personalization leaders exceeded their revenue targets compared with just 15% of followers. Much more here on what leaders do differently and how to follow in their footsteps.
With CDP vendors increasing their workforces by 3.4% in six months, compared with an average of 0.2% each six months over the prior two years, the sector seems to be growing again, according to our own semi-annual industry update. There is much talk of composable CDPs but they still employ no more than 5% of the sector workforce. What is a clear trend is the acquisition of independent CDPs by vendors interested in adding a CDP to a larger system (usually an activation system).