Most Marketers Avoid Corporate Procurement Teams: CMO Council/KPMG Study

More on software buying: this CMO Council / KPMG study finds just 26% of marketing leaders actively partner with their company’s procurement departments.  Those who do work closely with procurement end up placing higher weight on price, vendors’ industry standing, security, and privacy practices, and less on ability to scale and to meet compliance rules.  It’s not clear this results in better outcomes.

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Testbox Raises $10 Million to Help Buyers Pre-Test Software

June 9, 2022

Marketers are getting smarter about buying software, and one increasingly common practice is to test software before buying it.  TestBox promises to make that easier by offering preconfigured test installations of selected systems, complete with synthetic data.  They currently offer test versions of several customer support systems but plan to add new categories over time.  The service is free to users, with revenue coming from vendors who pay TestBox a commission on sales.  They just raised a $10 million seed round.

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Large Organizations Use Average of 367 Applications: Forrester Report

March 27, 2023

I can’t bring myself to lead with yet another generative AI story, so we’ll start instead with this Forrester report for Airtable, which found that organizations have lots of software applications.  The average is 367 in use at large organizations, with teams using an average of 45 daily and individuals using an average of 52 weekly.  No surprise here but a good reminder of why data integration is so important.

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