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RedPoint Global Releases Packaged Solution for Retailers

March 7, 2018
CDP vendor RedPoint Global has launched a packaged solution for retailers, including predesigned data models and campaign flows. The new offering is cheaper and faster to deploy than RedPoint’s flagship Customer Engagement Hub. Unlike the Engagement Hub, the retail solution runs only on the Azure SQL database, only ingests data through batch files, and is limited to email, SMS, direct mail, and Web site channels. It is targeted at retailers with $250 million to $1 billion in revenue.
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Nearly All Retail Journeys Combine Online and In-Store Events: iVend Retail Study

March 7, 2018
Nearly all retailers need a cross channel system because nearly all shoppers cross channels while buying. This study from retail management tech vendor iVend Retail found that 91% of shoppers research online before buying in a physical store and 84% browse a physical store before buying online. Just over 60% use their smartphones while they’re in the store itself. Other interesting info here too.
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AI Analytics News from Luminoso, Tellius, and Clearstory Data

March 5, 2018
Lots of AI-based analytics news today. We have Series A fundings from Luminoso ($12.6 million to do natural language analysis such as analyzing customer comments, understanding inquiries, and conversational search) and from Tellius ($7.5 million for a natural language query engine that finds interesting insights based on patterns within giant data sets.) Barking up the same tree, Clearstory Data has launched ‘Instant Data Discovery’ to find insights within blended data sets created by their automated data harmonization tools.
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