News

Evervault Raises $16 Million for Privacy Tech

May 26, 2020
Yesterday was the second anniversary of the go-live date for the European Union’s General Data Protection Regulation (GDPR), so it’s fitting that we have privacy news. First is a $16 million raise by Evervault, which promises to keep personal date safely encrypted and only allow API calls to process it within “privacy cages” that do not expose the unencrypted contents. Companies would not store any sensitive data and thus avoid most burdens of GDPR compliance, the company says.
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Trust Stamp Raises Funds for Privacy-Safe Identity Verification

May 26, 2020
Trust Stamp preserves privacy with a biometric-based identity token that’s unique for each individual but doesn’t reveal any personal information. This lets companies identify shared customers and authenticate individual identities without exposing personal data. They launched a Seedvest campaign last week which has so far raised $2.7 million of a $5.6 million goal, plus another $2.6 million from private investors.
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Adobe Adds Predictive Features to Audience Manager and Experience Platform

May 22, 2020
You do love Adobe headlines, Dear Reader. So although I’m not entirely impressed that Adobe Audience Manager has added an ability to predict which segment a new Web site visitor will eventually join, I’ll mention it. For good measure, I’ll throw in a separate Adobe announcement from earlier this week, that they are adding AI-based predictive model scores and multi-touch attribution to Adobe Experience Platform.
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CDPs Most Popular with Best Performing Marketers: Salesforce Research

May 20, 2020
There’s a ton of good information in this just-released State of Marketing report from Salesforce. The headline from a CDP view is that high-performing marketers listed CDP as the second-most commonly used technology while CDP ranked fifth for moderate performers and sixth for underperformers. They survey doesn’t show how many actually have a CDP but 38% of the total and 48% of high performers said they plan to use it more next year.
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Lack of Single Customer View is Biggest CX Challenge: Pointillist Report

May 20, 2020
Customer journey analysis vendor Pointillist also has a good new report. No specific mention of CDP but they did find that lack of a single customer view is the top customer experience challenge. Nearly one-third of high performers (31%) said they have accessible and unified customer data compared with 8% of average performers and 3% of underperformers. We all know correlation doesn’t prove causation but I know how I’m betting.
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