China’s Sees New Data Strategy as a Key to Economic Growth China traditionally viewed data in terms of security, but now sees it as a boon to economic growth and global competition. Its new draft Data Security Law may make it easier, particularly for big players to participate in the market.
This Fujitsu study of retail IT managers also finds growth in digital transformation budgets. Data is from February, so this might have changed. Alas, marketing ranks far behind other departments in transformation progress. Insult to injury: respondents said transformation in the finance department had as much impact on revenue as changes in marketing.
Social media management platform Hootsuite has purchased Heyday, a system that embeds human and AI-based chat in ecommerce, CRM, and other customer-facing systems. Price was $48 million. Heyday launched in July 2020 and had raised $6.7 million Don’t confuse them with Heyday.co the marketplace acceleration platform, which has raised $245 million.