Velocidi gathers marketing spend and performance data and makes it available to brands and agencies for analysis. It’s building a unified database and can append demographic, competitive, and brand data and even consumer comments. But it’s not tracking behavior of individual consumers. The company just raised $12 million in Series A financing.
Clutch builds an integrated customer database and uses it for customer analytics and personalized marketing. It just bought Persio, a specialist in mobile marketing messages. Price wasn’t announced. Clutch does predictive modeling but doesn’t mention machine learning or artificial intelligence. These days, that’s noteworthy.
Marketing performance measurement specialists Allocadia have released a study that found growth correlates with cooperation between marketing and finance departments, measuring marketing’s contribution to revenue, and having a clear marketing technology roadmap.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.