Category Archives: Database

CDP INDUSTRY UPDATE JAN 2024: CDP vendors, employment, and funding

MILFORD, CT, United States, 20-Jan-2024 — /EPR INTERNET NEWS/ — The Customer Data Platform (CDP) industry continued to attract new participants despite challenging business conditions in the second half of 2023, according to the CDP Institute’s latest Industry Update report.  Most of ten companies added in the latest edition of the report were small firms started in the past five years and focused on profile building and analytics.  In previous reports, many added vendors were older, larger firms that adding CDP features to existing campaign and delivery products.

“The CDP market still contains pockets of opportunity for new vendors to fill,” commented CDP Institute Founder and CEO David Raab.  “Companies specializing in a particular region, industry, or price point continue to identify niches where they can compete.”

Growth of the over-all CDP industry remained sluggish during the six–month report period.  Employment and cumulative funding both rose 2%, well below historical averages.  Total industry size was reported as 186 firms, 16,381 employees, and $6,917 million funding.

There was some improvement in employment growth at previously listed companies, which rose by 1.1% compared with just over 0.5% in the preceding report.  The share of firms reporting an employment increase rose from 62% to 65%.

As in previous periods, larger companies showed better results than smaller firms: employment among previously listed companies rose 2.1% at the largest 25% of firms, compared with a drop of 1% at the remaining 75%.  The top 25% of firms now account for 65% of total industry employment and 80% of funding.  Still, the industry remains highly fragmented, with the five largest firms accounting for only 16% of employment and 13% of funding.

Other key findings in the report include:

  • Funding events including one Initial Public Offering (Klaviyo), one large financing round ($52 million Series D for Simon Data), and four smaller financing rounds.
  • Three ownership events including acquisition of Easyence by mediarithmics, merger of Adabra and Neodata to create Blendee, and purchase of PUSHTech by Cendyn.
  • U.S.-based firms continue to dominate the industry, accounting for 46% of companies, 63% of employees, and 83% of funding.   European vendors make up 37% of firms with 23% of employment and 8% of funding, while Asia-Pacific firms are 18% of companies, 14% of employment and 9% of funding.
  • CDPs that provide marketing functionality make up 66% of vendors with 75% of employment and 75% of funding.  CDPs with functions limited to profile building and analytics account for 34% of vendors, 25% of employment, and 25% of funding.

About the Report

The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more.  It is based primarily on public data and includes eight years of information collected at six-month intervals.  The report can be downloaded for free at https://www.cdpinstitute.org/resources/industry-update-january-2024/.

About the Customer Data Platform Institute

The Customer Data Platform Institute is a vendor-neutral organization that educates marketers and technologists about customer data management.   The Institute publishes industry news and educational materials, provides vendor comparison reports, builds directories of industry vendors and service firms, and offers Webinars, workshops, and consulting on related issues.

Customer Data Platforms are defined as “packaged software that maintains a unified, persistent customer database which is accessible to external systems.”  They are the only types of packaged software specifically designed to create and share a complete view of each customer.

For more information, visit www.cdpinstitute.org.

SOURCE: EuropaWire

Free, in-depth online training course on Identity Resolution

MILFORD, CT, United States, 25-Oct-2022 — /EPR INTERNET NEWS/ — Teavaro and the Customer Data Platform Institute today released a free, in-depth training course on Identity Resolution. The course is the first in a series planned by CDP Institute, a vendor-neutral organization that educates organizations about customer data management tools and techniques.

The Identity Resolution course is available for online, on-demand delivery. It includes modules on Identity Resolution Fundamentals, Identity Graphs, Data Privacy and Identity Resolution, and Benefits of Identity Resolution. Each module includes several lessons with video lecture, exercises, and downloadable supplemental materials. Users can complete the course at their own pace.

Anyone can register for the course at https://academy.teavaro.com/. There is no fee and student information will not be shared with anyone outside of Teavaro and the CDP Institute.

“Identity resolution is a critically important but poorly understood topic for today’s marketers,” said Dr. Dirk Rohweder, COO and Co-Founder of Teavaro, a cloud-based Customer Data Platform that helps organizations deliver personalized marketing experiences on any media and device. “We are pleased to offer this course as a way of helping the marketing community understand how to gain the most value from modern identity resolution techniques.”

“We applaud Teavaro’s generosity in making this course available to the marketing community,” said David M. Raab, CEO and Founder of the Customer Data Platform Institute. “Equipping marketers with a better understanding of identity resolution will help them to address third-party cookie deprecation, new privacy regulations, and customer expectations for a unified experience across all interactions.”

About Teavaro
Teavaro helps you to truly connect with your customers in a digital world. Our platform creates value from knowing your customers based on consent. Identity resolution across devices, channels, and domains is the foundation of our offering and any first-party data strategy. It is the key enabler for personalization, higher media efficiency, and improved multi-touch attribution. Our enterprise-grade platform is built based on data security and privacy by design. Combining innovation with agility, we support you to build real-time marketing at scale. Teavaro is certified as a RealCDP by the CDP Institute.

About CDP Institute
The Customer Data Platform Institute educates marketers and marketing technologists about customer data management. The mission of the Institute is to provide vendor-neutral information about issues, methods, and technologies for creating unified, persistent customer databases. Activities include publishing of educational materials, news about industry developments, best practice guides and benchmarks, directories of industry vendors, and consulting on related issues. The Institute is managed by Raab Associates, a consultancy specializing in marketing technology and analysis. Raab Associates identified the Customer Data Platform category in 2013. Funding is provided by a consortium of CDP vendors.

SOURCE: EuropaWire

Report: Strong 1H 2022 for the Customer Data Platform Industry, slowdown in funding and acquisitions

MILFORD, CT, United States, 25-Jul-2022 — /EPR INTERNET NEWS/ — The Customer Data Platform (CDP) industry had a strong first half in 2022 with 10% employment growth among existing vendors and eleven new companies added, according to the CDP Institute’s latest Industry Update report. Total employment grew by 2,494, the largest increase on record. However, a slowdown in funding and acquisitions may indicate investors are becoming more cautious about the industry.

The semi-annual report found that growth was strongest among the industry’s largest vendors, with the top 25% expanding employment by 13%. Remaining vendors grew an average of 4%. New entrants were also concentrated among large firms, with five of the eleven having more than 1,000 employees. These are established firms that have added CDP capabilities to existing campaign and delivery products.

The addition of new vendors with campaign and delivery capabilities reflects the continued preponderance of this group. Campaign and delivery CDPs now account for 68% of vendors (up 1% vs the previous report), 75% of employees (up 3%) and 75% of funding (up 8%).

Investment fell compared to previous periods, which may represent a market adjustment following strong acceleration early in the pandemic. The number of events over $50 million in particular dropped from five in the second half of 2021 to just one in the first half of 2022. Apart from the one large event, there were six other fundings that totaled $38 million. The only acquisition this period was BlueConic selling a majority stake to Vista Equity Partners.

“This report shows an intriguing divergence between strong user demand for CDPs, as evidenced by employment growth and new entrants, and emerging caution among investors,” commented report author David Raab. “Fortunately, major industry vendors have assembled ample financial reserves during previous periods, so we expect the funding slowdown will not limit their ability to finance future growth.”

About the Report
The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more. It includes five years of historical data collected at six-month intervals. The report can be downloaded for free at https://www.cdpinstitute.org/resources/industry-update-july-2022/.

About the Customer Data Platform Institute
The Customer Data Platform Institute is a vendor-neutral organization that educates marketers and technologists about customer data management. The Institute publishes industry news and educational materials, provides vendor comparison reports, builds directories of industry vendors and service firms, and offers Webinars, workshops, and consulting on related issues.

Customer Data Platforms are defined as “packaged software that maintains a unified, persistent customer database which is accessible to external systems.” They are the only types of packaged software specifically designed to create and share a complete view of each customer.
For more information, visit www.cdpinstitute.org.

SOURCE: EuropaWire

Transmetrics AI solutions to be used by DB Schenker in Bulgaria to calculate volumes, goods flow, and the rationality of land connections

SOFIA, Bulgaria, 25-Jan-2022 — /EPR INTERNET NEWS/ — Transmetrics, a state-of-the-art AI platform developed exclusively for the supply chain, announces today that their artificial intelligence (AI) algorithms have been employed by DB Schenker, a global leading logistics provider, to adopt a new approach for the leader’s domestic land transport in Bulgaria. One of the key aspects of the project was achieving faster transit times for groupage shipments and improved vehicle utilization.

This significant change in the company’s Bulgarian setup successfully involves AI methods such as neural networks, Bayesian models, and stochastic optimization. In addition, the implementation of modern processes has been carefully developed to meet ever-growing customer expectations and to benefit the supply chains within the country and beyond. The changes involve new international connections as the company’s branch office in Sevlievo, North Central Bulgaria, becomes a transportation hub for the country and several European and Caucasus trade lanes.

In order to achieve that, Transmetrics and DB Schenker worked closely together to configure multiple network scenarios and run various ‘what-if’ simulations. Based on different demand growth projections and various network parameters, the powerful AI algorithms could measure the efficiency and resilience of numerous network setups’. Comparing these, the project teams identified the best possible way to adjust the network infrastructure and the most optimal linehaul plan.

“This project is a solid milestone for Transmetrics as it ensures that our proprietary AI algorithms can provide the right tools to power up strategic logistics planning. With ever-increasing demand, it is important to rely on data-driven business decisions, and we are thankful to DB Schenker for the opportunity to work together on such an exciting project”, adds Dimitar Pavlov, Head of Business Development at Transmetrics.

“We are confident that by completing this project, using AI and new simulations, and taking into consideration the requirements of the market, we have significantly improved our network setup in Bulgaria,” says Zoran Lazoroski, Managing Director of DB Schenker in Bulgaria and North Macedonia. “We have optimized our internal traffic and domestic lines to be much more efficient, in many different aspects, including reducing our ecological footprint.”

About Transmetrics
A leading provider of AI solutions for the logistics industry, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics. Its unique approach analyzes, models, and predicts transport flows with very high accuracy. The unrivaled advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Its products have brought significant benefits to the top-tier logistics companies worldwide that have experienced an up to 25% reduction in transport costs while increasing their fleet utilization up to 14% and maintaining high service levels.

About DB Schenker and DB Schenker in Bulgaria
With around 74,200 employees at more than 2,100 locations in over 130 countries, DB Schenker is one of the world’s leading logistics providers. The organization in Bulgaria, Schenker EOOD, operates since 1993 and employs over 340 people at seven locations in the country with logistical and warehousing capacities of more than 35000 square meters. The company offers land, air, and ocean transportation services, as well as comprehensive solutions for logistics and global supply chain management from a single source.

SOURCE: EuropaWire

Newly launched data platform InterconnectDATA partners with S&P Global, Statista, and the IDX Indonesia stock exchange

BANDUNG, Indonesia, 5-Dec-2021 — /EPR INTERNET NEWS/ — PT. Teknologi Cakra Internasional has taken its commitment to authentic data to the next level with its launch of the new platform InterconnectDATA. This is yet another fascinating addition to the big data space that will enable many people to access timely insights. Teknologi Cakra Internasional has carefully studied the big data space and concluded that the future lies in insights. That is why they created InterconnectDATA, a platform that enables global businesses and professionals to find the necessary information to aid their decisions in business.

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It is an open secret that big data is crucial to the next global developmental phase. With this picture in mind, InterconnectDATA is stepping up as a business information platform in Asia that helps industry professionals streamline their business offerings. The business information platform has since its launch become a go-to for authentic data.

Its core values guide Teknologi Cakra Internasional in delivering excellent service to its clients. From innovation, agility, loyalty, and even collaboration, Teknologi Cakra Internasional explains, “we question conventional wisdom and challenge the status quo. If there is a better way, we’ll find it. We’re excited By ingenuity and thrilled to try Something new. – We are also fast and flexible, dynamic and adaptive, in Delivering pragmatic and Value-based solutions to Succeed in our business.”

To realize the vision for InterconnectDATA, Maya Miranda Ambarsari, a commissioner, Andreas Reza, the president commissioner, and Rany Fardiany, the Chief Executive Officer, worked tirelessly to launch this authentic data platform. They explain, “It started with a big question. How to find authentic data and information platforms to make the best decisions. With the answers to these questions presenting limitless opportunities, InterconnectDATA was born.”

Forming strong partnerships in the industry has helped propel InterconnectDATA and their parent company Teknologi Cakra Internasional to the forefront. They have managed to partner with S&P Global, Statista, and the IDX Indonesia stock exchange. Iwan Ridwan, the Chief Technology Officer explain, “We work with partners around the world from individual Employers and regional startups to multinational enterprises In the public and private sectors, government, and communities.”

As the new age of technology continues to lay claim on every industry, Artificial Intelligence is increasingly seeping into data and analytics. This has enabled platforms like InterconnectDATA to provide smart ways for industry professionals to gather insights around funding, acquisitions, events, and news in their industry or area of interest. The platform is geared towards speeding up the business journey and helping people better adapt as guided by authentic data. This is especially true for those with an interest in the Bursa Efek Indonesia. “We’re with you in every step of your business journey. By knowing authentic information throughout our recommendations and insights, you will continually make the best decisions.” With Teknologi Cakra Internasional handling the Information Technology side of things, InterconnectDATA is fully immersed in becoming a big data analytic platform that will change data consumption in the world. The platform’s growing popularity is a testament to the need for comprehensive data on private and public markets for various professionals. “When curiosity meets innovation, the world around us moves forward,” states CEO Rany Fardiany.

SOURCE: EuropaWire

STEP consultancy company Unit of Measure partners with Stibo Systems, the company behind MDM platform STEP

AARHUS, Denmark, 21-Sep-2021 — /EPR INTERNET NEWS/ — Unit of Measure, a STEP-focused consultancy company, and Stibo Systems, the company behind STEP, one of the world’s leading Master Data Management (MDM) platforms, have entered into a partnership.

Stibo Systems recently announced record sales of its STEP MDM platform, creating high demand for STEP technology and implementation expertise.

Unit of Measure was founded by ex-Stibo Systems veteran, Martin Kjeldsen, who brings more than 20 years of experience of STEP implementations and a mission for Unit of Measure to become the leading centre of excellence for STEP competencies to meet the growing demand of STEP implementation expertise.

“Becoming a Stibo Systems partner is a major milestone for our company. We are fully committed to helping organisations get the maximum return from their investment in STEP – whether they are just getting started on their STEP journey or whether they have been running STEP for years,” says Unit of Measure founder and CEO, Martin Kjeldsen.

“Unit of Measure already demonstrated their high level of STEP competencies and implementation skills during the first half of 2021, when Stibo Systems and Unit of Measure jointly delivered a successful STEP implementation at a major manufacturing company in the Nordics. Officially becoming partners was a natural next step and I look forward to further strengthen the collaboration between our two companies in the years to come,” says Neil Gregory, Partner Manager at Stibo Systems.

SOURCE: EuropaWire

New service to measure and analyze best practices and competitive differentiators across a broader sample of websites

BOSTON, MA, United States, 28-Jul-2021 — /EPR INTERNET NEWS/ — Many businesses want to delight customers around the world with a top-notch digital experience in their own language. However, a lack of knowledge and objective insights hampers their ability to convert their intentions into an effective experience and leaves their international customers with a sub-par experience. Now, global organizations can improve the global online customer experience with a new data product by CSA Research, the Localization Intelligence Analyzer, powered by LocHub. The Localization Intelligence Analyzer connects LocHub’s observed and crawled data to the research firm’s historical repository of data and insights; helping companies make strategic decisions that too often have been informed by anecdotal evidence and gut feel.

“LocHub uses the latest analytic and diagnostic software to provide near real-time intelligence. Think of it as a centralized, and user-friendly visual dashboard that offers a localization scoring system and points out errors you can address and remove. It’s as easy as inserting the URL of the website you want to crawl,” comments Rikkert Engels, CEO and founder of LocHub. “CSA Research’s Localization Intelligence Analyzer, powered by LocHub, allows global organizations to benchmark their performance and contextualize it based on a variety of factors to understand where they stand compared to their peers on multiple axes.”

Organizations use the data and analysis from the Localization Intelligence Analyzer powered by LocHub for:

  • Tactical Analysis: Benchmarks such as language or locale support and the depth to which the site has been localized help companies find and fix flaws in their global customer journeys and identify gaps compared to their competitors. These include performance lags, mismatched content, and other common and even exotic problems with multilingual sites.
  • Strategic Decisions: CSA Research can analyze the sequence in which languages have been added and analyze the incremental effect of language support on business objectives over time by correlating results with KPIs and other measures. By connecting that observed and crawled data to the research firm’s historical repository of data and insights, they can help companies make strategic, data-based decisions.

CSA Research is using LocHub’s unmatched crawling capabilities to expand its long-running Global Website Assessment Index and Digital Opportunity services.

“LocHub enhances and accelerates our firm’s ability to measure and analyze best practices and competitive differentiators across a broader sample of websites in today’s customer-focused digital experience,” adds Dr. Arle Lommel, senior analyst at CSA Research. “It broadens the reach of our empirical data that our clients use to inform their strategic decisions concerning market entry and support in global markets.”

Contact CSA Research to find out how to test the Localization Intelligence Analyzer’s capabilities and benchmark your website’s localization effectiveness.

SOURCE: EuropaWire

CDP Industry July 2021 Update: accelerated growth during the pandemic

MILFORD, CT, United States, 28-Jul-2021 — /EPR INTERNET NEWS/ — Customer Data Platform (CDP) vendors grew at a record pace during the first half of 2021, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that a brief slowdown at the start of the Covid-19 pandemic was replaced by accelerated growth, increased funding, and strategic acquisitions as companies invested in CDPs to support pandemic-inspired transformation projects.

CDP vendors listed in previous reports added 6% more employees and 11% more venture funding during the first half of 2021, compared with 1% employment growth and 3% funding growth in the second half of 2020.

In addition, a near-record twenty new CDP vendors were added to the report. These were split about evenly between CDP start-ups and established businesses that added a CDP capability to existing products.

Industry growth is also reflected by a record eight CDP acquisitions and mergers during the period. Most buyers were customer engagement software vendors seeking a CDP to connect siloed components of multi-channel suites.

Growth was especially strong in the Asia Pacific region, whose share of industry vendors grew from 13% one year ago to 17%, share of employment grew from 10% to 14%, and share of funding grew from just 6% to 25%. Europe-based companies fell from 39% to 38% of vendors, from 32% to 28% of employment, and from 14% to 12% of funding over the same period.

The report estimates CDP Industry revenue for 2021 at $1.6 billion. This figure represents revenues for all CDP product sales worldwide, including CDP components within other systems such as marketing suites, message delivery systems, and ecommerce platforms. It does not include related services or in-house customer data system development.

SOURCE: EuropaWire

Transmetrics’ AI-powered demand forecasting and predictive optimization platform deployed by Egyptian shipping company Transmar

CAIRO, Egypt / AMSTERDAM, The Netherlands, 31-Mar-2021 — /EPR INTERNET NEWS/ — The ‘AI platform for logistics’, as Transmetrics is often referred to, is successfully streamlining operations at Transmar, a leading carrier of containerized cargo between Egypt and its key partners in the region. Transmetrics’ demand forecasting and predictive optimization platform is powered by artificial intelligence and machine learning algorithms.

With four decades of experience and a strong operational presence in Egypt, KSA, UAE and Sudan, Transmar has built a solid reputation in the market, founded on family values that drive the company’s ambition to offer the best in class service to its customers. Transmar owns and operates a large fleet of both dry and refrigerated containers, serves thousands of customers, and moves hundreds of commodities throughout the Middle East.

“We strongly believe in the power of Data. Transmetrics’ AI solution helps us leverage our 4 decades of operational experience, to make decisions both faster and smarter. As a regionally focused carrier we are more exposed to volatility. We’re excited about the capabilities Transmetrics will provide by helping see up to 12 weeks into the future, ensuring we have optimum planning and repositioning plans” said Ahmed el Ahwal, Commercial Manager at Transmar. In a recent study, the Boston Consulting Group (BCG) estimates that repositioning empty containers in the shipping industry costs €13 to 17 billion per year (US$14 – 19 billion), which adds up to 8% of a shipping line’s operating costs.

Transmetrics software provides daily rolling AI-driven forecasts for the next 10 to 12 weeks based on the cleansed historical data and relevant external factors influencing the demand. The planning and system optimization tools suggest an optimal and actionable plan for the repositioning of empty containers as well as storage for the next 12 weeks. This also takes into account all the related costs. Stevedoring, gate costs, etc. as well as other variables, and business constraints. The system is equipped to consider repair and maintenance as cost variables which is now work in progress and being co-developed with Transmar.

“We are thrilled to announce this new partnership with Transmar. It goes to show that the AI revolution in logistics is happening worldwide. I look forward to the results we will achieve together with the great team at Transmar” said Jon Fath, CEO of Transmetrics. “This requires deep knowledge of logistics processes because it is still a very hands-on business. Big Data methods, which are used in our product, support our client’s team in finding smarter ways to reposition their assets so that the Transmar local agencies have the right amount containers available when they need it.“

“Transmetrics’ solution helped our team to more accurately allocate our assets. Its monitoring tools and automated forecast result in improved turntime of our assets. Actually, it is a Double Win: our customers benefit from even better services and our team gets state-of-the-art support from AI,” El Ahwal said.

Transmetrics and Transmar also identified a number of next steps to further increase the benefits of Transmetrics solutions such as cabotage management functionality and a management dashboard. The dashboard will include cost reporting and is expected to show how the supply chain will look like for the next 3 months due to its predictive capabilities. “After implementation, Transmetrics is still giving us very professional and pleasant customer service, being open for discussions on product enhancements and being always available for questions and corrections on the data or on the logic where it is needed”, said Hossam Houta, Asset Manager at Transmar.

SOURCE: EuropaWire

Customer Data Platform Industry Update January 2021

MILFORD, CT, United States, 4-Feb-2021 — /EPR INTERNET NEWS/ — Customer Data Platforms (CDPs) are increasingly embedded inside of larger systems, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that ten of the 13 vendors entering the industry in the second half of 2020 provide campaign management or message delivery services in addition to the core CDP function of creating unified customer profiles. Such firms now account for 70% of the 133 CDP vendors identified in the report and 71% of industry employment.

Despite this trend, there is also strong demand for CDPs that provide only data management and analytics. Such firms actually grew the fastest of all CDPs types during the report period.

The report estimates CDP Industry revenue for 2020 at $1.3 billion and projects 2021 revenues will reach at least $1.55 billion. These figures measure revenues for all CDP product sales worldwide, including CDP components within other systems such as message delivery or ecommerce. It does not include related services or in-house customer data system development.

CDP employment grew by 25% in 2020, to just over 10,000, and the number of CDP vendors grew by 35% to 133. The COVID-19 pandemic resulted in deferred purchases by some potential buyers but accelerated purchases from buyers eager to improve their digital marketing capabilities.

The period saw several CDP acquisitions, most notably Twilio’s $3.2 billion purchase of Segment. In this and other deals, the buyer was a software company that planned to use the CDP as part of an integrated product stack. This contrasts with previous CDP purchases, which were often by firms outside of the software industry, such as Mastercard, who wanted to offer CDP capabilities to supplement other services.

About the Report

The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more. It includes four years of historical data collected at six month intervals. The report can downloaded for free at https://lp.cdpinstitute.venntive.com/DL2238-CDPI-Industry-Update-January-2021

SOURCE: EuropaWire

Syniti expands collaboration with SAP to help customer’s move to SAP S/4HANA

BOSTON, MA, U.S.A., 20-Oct-2020 — /EPR INTERNET NEWS/ — Syniti, a leading Enterprise Data Management company, today announced its latest strategic collaboration with SAP Data Management and Landscape Transformation (DMLT) Services for customers moving to SAP S/4HANA via selective data transition (SDT).

SAP’s Data Management and Landscape Transformation (DMLT) Services is a dedicated service provider within SAP for data migration and management. They assist customers moving to SAP S/4HANA using a defined approach and best practices for a smooth overall transition. Their expertise covers all transition paths to SAP S/4HANA and their DMLT Migration Workbench now includes SAP Advanced Data Migration by Syniti™ for customer specific transition scenarios.

“We’re excited to increase our collaboration with SAP and provide even more ways to accelerate customers seamlessly to SAP S/4HANA,” said Kevin Campbell, CEO of Syniti. “The combination of DMLT expert services and Syniti’s certified software significantly improves clients’ experience and accelerates their value when moving to SAP S/4HANA.”

This strategic collaboration between DMLT leveraging SDT and Syniti’s certified software, provides customers the best of greenfield and brownfield approaches for accelerating SAP S/4HANA deployments for any application environment with a trusted, flexible and fast way to migrate. This offer is available now and you can read SAP’s press release here for additional information.

“This SAP solution is envisioned to increase customer value more than any other solution in the marketplace and ensure the customer’s move to SAP S/4HANA will be completed with the best-in-class data quality, speed, savings, predictability and efficiency,” said Stefanie Kuebler, Global Vice President of Data Management & Landscape Transformation at SAP. “This combination of Syniti’s powerful software and SAP’s premium services, provides customers the highest degree of customer success, best-in-class software and expert services.”

Syniti is a leading Enterprise Data Management company and certified SAP Solution Extension (SolEx) partner, whose software is resold by SAP with deployment options available on premise or in the cloud. Projects using SAP Advanced Data Migration by Syniti are recommended by SAP and experience significant savings, such as:

  • 303 percent three-year return on investment with an average eight-month payback on investment
  • 46 percent faster completion of data migration projects
  • 96 percent reduction of unplanned downtime

According to an IDC White Paper, sponsored by Syniti and SAP, “The Business Value of SAP Advanced Data Migration by Syniti” was published June 2020 and is available for download at http://www.syniti.com/businessvaluestudy.

SOURCE: EuropaWire

CDP Industry Update July 2020: revenue for 2020 estimated at $1.3 billion, 30% up YoY

SWARTHMORE, PA, U.S.A., 28-Jul-2020 — /EPR INTERNET NEWS/ — The Customer Data Platform industry continued to grow in the first half of 2020, but at a slower pace as cautious buyers absorbed pandemic-related budget cuts and assessed new entries from enterprise software vendors. The CDP Institute’s semi-annual Industry Update found a record number of new vendors entered the industry but that growth in employment and funding was the lowest in two years.

The CDP Institute estimates industry revenue for the 2020 at $1.3 billion, a respectable 30% increase of $1 billion in 2020. Enterprise software vendors listed for the first time include Adobe, Microsoft, Oracle, and SAS. These firms were added because they now offer products that meet the CDP Institute’s RealCDPTM standard. Estimated 2020 sales for these vendors are modest but are expected to grow rapidly in future years.

In all, a record twenty-two vendors were added to the report. More than half were U.S.-based and the majority offered campaign management and message delivery in addition to the core CDP function of building and sharing unified customer profiles. Most of these were large, established companies that were adding CDP to existing products. A minority were small, new companies that with products designed as CDPs from the start.  These were more likely to be based outside the U.S., with particular growth in Europe.

The period also saw a sharp slowdown in investment activity, with only one major acquisition (Evergage purchased by Salesforce) and one large funding round ($45 million for mParticle). There were no significant acquisitions made by CDP vendors and no CDP vendors left the industry. The preceding six month period saw six major funding events, three acquisitions of CDP vendors, four acquisitions by CDP vendors, and four CDP vendors ceasing to exist.

“The CDP industry was entering a transitional phase even before the pandemic, with increased competition from CDP capabilities embedded in larger systems,” said CDP Institute CEO David Raab. “The pandemic has accelerated this development and put increasing pressure on small CDP developers. But the need for CDP capabilities remains strong and many firms are prioritizing CDP investments as they prepare for the post-pandemic world. We expect that industry growth will accelerate as economic activity picks up and buyers have a chance to assess the new options that are now becoming available.”

A free copy of the complete report is available here.

SOURCE: EuropaWire

Integrated Services Monitoring by Bridge Technologies addresses the multiple layers of the broadcast and media cycle

OSLO, 23-Mar-2020 — /EPR INTERNET NEWS/ — Bridge Technologies today announced ISM – Integrated Services Monitoring, an all-embracing suite of tools, designed to deliver invaluable insights into the performance of content production, contribution and distribution networks not only for engineers charged with day-to-day operations but for management to assess the overall performance of the operation.

Integrated Services Monitoring is an approach to quality that addresses the multiple layers of the broadcast and media cycle – from production through signal acquisition, contribution streams, OTT/streaming media, traditional broadcast distribution with DTT or Satellite to picture archiving.

“ISM provides exactly the set of data gathering tools broadcasters need throughout the chain – from production to delivery, uncompressed to compressed.” said Simen K. Frostad, Chairman, Bridge Technologies. “No other company in the network monitoring and analysis space can offer such a complete, comprehensive set of automated capabilities that deliver such a high level of understanding throughout any content distribution chain.”

Bridge Technologies’ extensive product offering ranges from embedded systems and software-based probes to software control systems that support all currently commercial available standards and media formats, all designed to deliver in-depth, intuitive understanding of the end-to-end broadcast process.

Integrated Services Monitoring enables a unique, pre-integrated approach to the most complex tasks facing the modern broadcaster, putting automated eyeballs on all acquisition, delivery and production media streams – all from a single vendor, avoiding the need for complex bespoke engineering.

A turnkey, easy-to-install, complete media monitoring system that spans the whole media chain, Integrated Services Monitoring supports SD, HD, UHD and even 8K; it encompasses contribution streams using various encapsulation techniques including TS-encapsulated JPEG2K and SRT in addition to traditional IPTV; it embraces the modern headend with signal acquisition from terrestrial and satellite sources; and it includes pre-demodulation signal analytics, pre- and post-encoding analytics for IPTV, cable delivery and Remote PHY as well as pre- and post-transcoding to origin for OTT distribution, monitored using QoE parameters such as MOS scores. All data is recorded for instant retrieval in an easy to use visual timeline or formatted as PDF reports that are automatically generated and emailed to whoever needs them.

“Integrated Services Monitoring represents the accumulation of our 15+ years of experience in developing, manufacturing and deploying the most advanced solutions to ensure the maximum uptime of content production, contribution and distribution networks around the world,” Frostad continued. “From the network engineer on a remote site to personnel at the master control centre (MCR) who need visibility into everything that’s going on to management who require SLAs and other insightful indicators of overall network performance, Integrated Services Monitoring is there to deliver what they need, when they need it.”

Integrated Services Monitoring is a further instantiation of Bridge Technologies’ innovative approach to leveraging the inherent value of content data passing through the network: once the data has been ‘acquired’ by a probe, it can be put to multiple uses.

Take, for example, the VBC top level system as part of the ISM structure,” added Frostad. “It’s a management system that, by adding a single IP address to a remote probe, immediately starts the collection of massive amounts of data right into the database. That’s very powerful – suddenly all the advanced reporting and analysis comes automatically.”

This has also seen Bridge Technologies introduce its award-winning Widglets™ API for the VB440 probe. Using Widglets, video monitoring can be embedded within any HTML code – making it available to anyone connected via a web browser, wherever they are. The API is already allowing companies to achieve highly efficient functionality in remote production that was previously unimaginable.

More information about Bridge Technologies and its products is available at www.bridgetech.tv or by phone at +47 22 38 51 00.

About Bridge Technologies

Bridge Technologies creates advanced solutions for protecting service quality in the digital media and telecommunications industries. The company’s award-winning monitoring/analysis systems, intelligent switchers and virtual environments help deliver over 20,000 channels to more than 900 million subscribers in 94 countries. From head-end satellite ingress to microanalytics in the home network, Bridge Technologies offers patented innovation and true end-to-end transparency. A privately held company headquartered in Oslo, Norway, Bridge Technologies has worldwide sales and marketing operations through a global business partner network.

Learn more – www.bridgetech.tv

SOURCE: EuropaWire

CDP Industry in Europe 2020 report: number of vendors grew by 73%; employment by 80% in 2019

SWARTHMORE, PA, U.S.A., 9-Mar-2020 — /EPR INTERNET NEWS/ — Europe’s base of home-grown Customer Data Platform vendors grew rapidly in 2019, according to the CDP Industry in Europe 2020 report from the Customer Data Platform Institute. The number of vendors grew by 73% and employment grew by 80% during the year. Estimated revenue for Europe-based firms reached €260 million.

Europe-based Customer Data Platform Industry growth

The high growth came despite a near-total lack of outside funding for new CDP ventures. Only one Europe-based CDP announcing funding during 2019, for €10 million, compared with €450 million for eleven non-European vendors. One result is that European industry growth came primarily from established firms adding a CDP product, rather than new CDP start-ups. Another is that most European vendors are substantially smaller than their external counterparts and are more likely to serve a single national market.

The European industry remains highly fragmented, no single vendor exceeding 10% market share and the top five vendors combined accounting for one-third of total employment. A dozen European countries have at least one native CDP although the United Kingdom, France, and The Netherlands are home to half of all European CDP vendors and 60% of employment.

The report also lists non-European vendors with a presence in the European market. The CDP Institute estimates these firms earned €100 million in Europe in 2019 and will reach €135 in 2020. It expects that 2020 revenue for Europe-based CDP vendors will reach at least €350 million. Revenue may grow even more quickly as global software firms including Salesforce, Adobe, Oracle, Microsoft, and SAP start selling their own CDP products in Europe.

The new study also includes market-by-market analyses from local vendors. Their consensus is that buyers now have a clearer understanding of the value provided by CDPs. But vendors say that buyers are still cautious, with longer purchase cycles in Europe than other markets and relatively few completed implementations. They expect that sales to accelerate in 2020 as CDPs become increasingly familiar and global software vendors further educate the market.

A free copy of the complete CDP Industry in Europe 2020 report is available here. The CDP Institute’s latest global CDP Industry Update is available here.

SOURCE: EuropaWire

The CDP Institute expects Customer Data Platform Industry revenue to be at least $1.3 billion in 2020

SWARTHMORE, PA, U.S.A., 11-Feb-2020 — /EuropaWire/ — Established Customer Data Platform vendors prepared for industry consolidation even as new firms entered industry during the second half of 2019, according to the CDP Institute’s semi-annual Industry Update. The industry added fourteen vendors and $236 million in new capital during the period while employment was up 64% over the previous year.

The CDP Institute estimates industry revenue for the 2019 at $1 billion and expects at least $1.3 billion in 2020. Growth will be driven by expansion outside the U.S. and entry of enterprise marketing vendors. Adobe, Microsoft, and Oracle all released RealCDPTM-compliant products during the period and Salesforce is expected to release one in mid-2020. RealCDP is the CDP Institute’s standard for capabilities required to provide expected CDP functions.

The dominant theme of the period was change. The period saw three acquisitions of CDP vendors by larger firms, four acquisitions of other firms by CDP vendors, seven major funding events, and the exits of nine firms through asset sales or repositioning. The trend continued in early 2020 with Salesforce’s February 3 acquisition of CDP Evergage. These developments show vendors positioning themselves to succeed in a crowded marketplace where no company has yet established a dominant position. The transactions were notably concentrated in the second tier of CDP vendors: eleven of the fourteen non-exit events involved firms ranking between 13th and 30th in the 101-company industry.

Significant CDP Industry Events, June 2019 – January 2020

Vendor Categories

The CDP Institute assigns CDP vendors to four categories based on the functions provided by their systems. Categories are:

  • These systems gather customer data from source systems, link data to customer identities, and store the results in a persistent database available to external systems. This is the minimum set of functions required to meet the definition of a CDP.
  • Analytics. These systems provide data assembly plus analytical applications. The applications always include customer segmentation and sometimes extend to machine learning, predictive modeling, revenue attribution, and journey mapping. These systems often automate the distribution of segment lists to marketing automation or advanced analytics products.
  • Campaigns. These systems provide data assembly, analytics, and customer treatments. These treatments may be personalized messages, real time interactions, product or content recommendations, outbound marketing campaigns, customer journey orchestration, or other contacts.  What distinguishes them from segmentation is they also specify the message to be delivered.
  • These systems provide data assembly, analytics, customer treatments, and message delivery. Delivery is typically through email, Web site, CRM, or several of these. Products in this category often started as delivery systems and added CDP functions later.

A free copy of the complete report is available at https://lp.cdpinstitute.venntive.com/DL2129-CDPI-Industry-Update-January-2020

CDP Industry Update July 2019: Fifteen of the nineteen new CDP vendors are from outside the U.S.

SWARTHMORE, PA, U.S.A., 8-Aug-2019 — /EuropaWire/ — The Customer Data Platform Industry continued its rapid growth in the first half of 2019, according to the CDP Institute’s semi-annual Industry Update. The industry added nineteen vendors and raised $317 million in new capital during the period while employment was up 71% over the previous year.

Major shifts in the market included expansion in Europe, EMEA, and APAC. Fifteen of the nineteen new CDP vendors are from outside the U.S. The Institute also confirmed its projection for the CDP industry to reach the $1 billion revenue in 2019.

Other milestones the report were:

  • More Funding. Cumulative funding for the industry grew by $680 million, reflecting funding during the period plus previous funding for vendors just entering the industry.
  • Strategic acquisitions. The period saw two CDP acquisitions: data integration specialist Allsight by Informatica and B2B CDP Lattice Engines by Dun & Bradstreet. Neither buyer is primarily a marketing system vendor, illustrating the value that companies in related sectors now see in CDP functions.
  • Operational CDPs. The period also saw addition of three vendors with a primarily operational focus: two customer success systems (Gainsight and Totango) and one in healthcare (Healthgrades). These firms represent the leading edge of a new class of CDP vendors that is expected to grow rapidly.
  • Marketing Cloud entrants. Salesforce, Adobe, and Oracle all announced future CDP products that are expected to be available before the end of 2019. These attracted new attention and are expected to substantially expand CDP awareness and adoption.

Vendor Categories

The CDP Institute report groups CDP vendors into three categories based on the functions provided by their systems. Categories are:

  • Access. These systems gather customer data from source systems, link data to customer identities, and store the results in a persistent database available to external systems. This is the minimum set of functions required to meet the definition of a CDP.
  • Analytics. These systems provide data assembly plus analytical applications. The applications always include customer segmentation and sometimes extend to machine learning, predictive modeling, revenue attribution, and journey mapping. These systems often automate the distribution of segment lists to marketing automation or advanced analytics products.
  • Campaigns. These systems provide data assembly, analytics, and customer treatments. These treatments may be personalized messages, real time interactions, product or content recommendations, outbound marketing campaigns, customer journey orchestration, or other contacts. What distinguishes them from segmentation is they also specify the message to be delivered.

SOURCE: EuropaWire

CDP Institute Global Member Survey 2019: CDP users have higher satisfaction than non-users among both business and consumer marketers

SWARTHMORE, PA, 30-May-2019 — /EPR INTERNET NEWS/ — Business marketers are catching up with consumer marketers in Customer Data Platform deployments, according to a global member survey released today by the Customer Data Platform Institute.

The survey found that 41% of companies selling to consumers are in the process of deploying a CDP, compared with just 19% of companies selling to business. But 34% of the B2B companies plan to start deployment within the next twelve months, compared to only 19% of consumer brands.

Other survey finding suggest the change is coming just in time:

  • Business marketers are more likely than consumer marketers to rely on CRM or marketing automation systems to unify their customer data (22% vs 8%).
  • Business marketers using CRM or marketing automation in this way have below-average satisfaction with their martech investments.
  • CDP users have higher satisfaction than non-users among both business and consumer marketers.

Other survey findings include:

  • consumer marketers have more fragmented data than B2B marketers, with 62% reporting many disconnected systems compared with 48% of B2B marketers.
  • inability to assemble unified customer data is the most-cited obstacle to using customer data well, listed by 63% of respondents compared with incapable delivery systems (54%) or inaccessible source data (47%).
  • a unified customer view is the most important CDP benefit, listed by 86% of respondents. Many fewer cited applications such as predictive modeling (59%), message selection (49%) or cross-channel orchestration (49%).
  • companies with a specialized martech manager or staff are more satisfied with their marketing technology results than firms where marketing technology is run by a central IT department or left to individual groups within marketing.

A free copy of the complete report is available at https://lp.cdpinstitute.venntive.com/DL2066-CDPI-Industry-Survey-2019

SOURCE: EuropaWire

InfoClutch Announces The Launch Of Email ROI Calculator For Its High-end Customers

Edison, New Jersey, United States, 2019-Apr-05 — /EPR INTERNET NEWS/ — InfoClutch as a leading database service provider launches its highly accurate email ROI calculator tool, useful for calculating the return on investment on the email marketing services. The professionals at InfoClutch developed this solution after extensive research on different metrics and scenarios for the ROI calculation.

The announcement is a significant boost for the email marketing service of the top-notch marketing companies across the world. “As a leading email marketing service provider, we understand the importance of ROI. The constraints faced by the marketers prompted us to develop a solution which will be helpful for businesses to measure the ROI for each of their email marketing efforts.” Says Robert Jordan, Media Relations Manager at InfoClutch.

The team at InfoClutch derived the best solution by including the necessary metrics required for generating the accurate output by the email ROI calculator. The tool is precisely developed to guide the user with the right data so that they can make the best decision; it is convenient and can make assumptions at a faster rate.

The experts made the best usage of the rightful resources to develop the email ROI calculator tool so that they can provide the customers with the best reference data for planning their next marketing strategy and budget. At InfoClutch the team is committed to provide quality service to the customers so that they can spend their time, money and effort in the right direction.

InfoClutch offers end-to-end email marketing solutions, and provide customers with the right solution which can help in their email marketing effort. Necessary metrics, high-end data, can help the users in planning and targeting the accurate customer.

Via EPR Network
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RealCDP aims at reducing the confusion plaguing the Customer Data Platform industry

SAN JOSE, CA, USA, 4-Apr-2019 — /EuropaWire/ — The Customer Data Platform Institute today launched RealCDP, a program to reduce the confusion plaguing the Customer Data Platform industry.  RealCDP has two components:

  • RealCDP certification, a five point checklist of core capabilities needed to build a unified, sharable customer database.
  • CDPFinder templates and vendor information to help buyers find the right CDP for their needs

“The CDP industry faces two challenges,” said CDP Institute Founder David Raab. “First, many firms offering a CDP or CDP alternative fail to build the complete, shareable customer database that is the heart of the CDP concept.  Second, legitimate CDPs vary hugely in the additional features they provide, leaving buyers confused by the range of options.  These two programs address each challenge separately and, taken together, we hope they will make it easier for buyers to find the products they truly need – and avoid alternatives that will leave them disappointed.”

SOURCE: EuropaWire

Marketing workshop on Customer Data Platforms in Brussels on January 22nd 2019

BRUSSELS, 21-Dec-2018 — /EPR INTERNET NEWS/ — Today’s marketers have more data available than ever but struggle to pull it together in a usable format. Customer Data Platform (CDP) technology offers the promise to solve this problem by offering easy-to-deploy systems resulting in data unification and sharing. But marketers, technologists and executives rightly wonder: can CDP really deliver on this promise?

On January 22nd 2019, the Customer Data Platform Institute (CDPI) and partners NGDATA and Business & Decision, will host a marketing workshop intensive, “Making the Most of Customer Data Platforms,” to answer that question and provide a deep dive into this rapidly evolving martech sector, which is projected to exceed €200 million revenue in Europe by the start of the new year.

The workshop will be held at Tech.Lounge in Brussels from 10:00 to 15:00, followed by a panel debate and networking event sponsored by NGDATA and Business & Decision. The workshop will be led by David Raab, founder of the international Customer Data Platform Institute.

This workshop in Belgium is part of in a series of programs that are being hosted in Europe and UK during 2019 by the CDP Institute and its partners. The workshop is aimed at senior professionals in marketing, ecommerce, CRM and CX positions and will cover:

  • how CDP fits into the larger marketing data architecture, key benefits provided by CDPs, and an overview of the CDP industry and trends.
  • how CDP relates to business and marketing strategy, developing CDP use cases, and uncovering requirements for CDP success.
  • selecting the right CDP, including requirements definition, key differentiators, specific features to look for and running an effective selection process.
  • CDP deployment planning, including readiness checklists, overcoming organizational roadblocks, project planning, and finding the right deployment sequence.

Key takeaways include:

  • a checklist of marketing technology functions needed to benefit from CDP
  • mapping CDP use cases to CDP system requirements
  • 27 key CDP features and how to know which you need
  • toolkit of vendor selection techniques

Attendees who complete the CDPI workshop will receive a certificate of completion from the Customer Data Platform Institute. To register and to learn more about customer data platform technology and related news, visit: www.ngdata.com/company/events/.

David Raab is founder and CEO of the CDP Institute. He coined the term Customer Data Platform in 2013 and since then has been a leader in exploring and explaining how marketers can use CDPs to solve today’s most important marketing challenges.

SOURCE: EuropaWire