Xandr Buys Clypd in Merger of the Vowel-Challenged
Xandr, AT&T’s oddly named video advertising division, has purchased Clypd, another ad targeting system. Two deals make a trend, right?
Xandr, AT&T’s oddly named video advertising division, has purchased Clypd, another ad targeting system. Two deals make a trend, right?
Estimates of CDP adoption range to above 50%. That’s surely too high, but the 1.9% figure in this Merkle study seems low. The broader conclusion that CRM, email, marketing automation and marketing clouds manage more than 60% of audience data does seem about right. Lots more here on maturity levels, privacy compliance, and journey management.
Open source data analytics platform Databricks has raised a $400 million Series F, bringing its total funding to just under $900 million. The deal values Databricks at $6.2 billion, an astonishing 30x its $200 million revenue run rate. By comparison, Salesforce paid less than 20x for Mulesoft. Yes, there’s a big world of data management software outside of CDPs.
BetterUp and Stanford Social Media Lab define workslop as “AI-generated content that looks good, but lacks substance.” Their survey of 1,150 full-time desk workers in the U.S. finds that 40% received workslop in the last month, costing $186 per month per employee. For a 10,000-person company, that’s $9 million annually.