Adobe Named A Leader In World’s First Major Evaluation Of Customer Data Platform (CDP) Market

IDCMarketScape: Worldwide Customer Data Platforms Focused on Front Office Users 2021-2022 Vendor Assessment highlights strengths in analytics, innovation, and related offering portfolio 

Leading brands like Panera, BJs and ServiceNow delivering world-class customer experiences with Adobe Real-Time CDP

Adobe announced it was named a Leader in the IDCMarketScape: Worldwide Customer Data Platforms Focused on Front Office Users 2021-2022 Vendor Assessment. The report is the first major analyst assessment of customer data platform (CDP) technology, evaluating vendors across 100+ criteria, overall product offering, strategy and market presence.

Recommended AI News: Intema by MTS AI to Acquire AI Computer Vision Leader VisionLabs

CDPs play a critical role in customer experience. According to IDC: “There can be no truly effective customer experience initiative without an enterprise customer data service supporting it. Therefore, CDPs are on the critical path to becoming a customer-centric, data-driven brand.”

“We are proud to have been recognized as a leader in CDP technologies,” said Klaasjan Tukker, senior director product marketing, Adobe Experience Platform. “We see this as validation of the value we offer customers today, as well as our longer-term strategy to provide a comprehensive foundation for customer data management.”

As third-party cookies and identifiers for advertisers (IDFAs) become less available, brands must change their strategies to focus on consented, first-party data to deliver the respectful, relevant experiences consumers expect.  Adobe Real-Time CDP helps brands consolidate known and unknown customer data into rich profiles—creating a deeper understanding of customer wants and needs. Brands can then activate those profiles across the entire customer journey seamlessly in one system, all without the need for third-party cookies.

Adobe Real-Time CDP includes built-in governance controls that enable brands to use customer data responsibly as well as an open and extensible architecture that provides a path to additional use cases as brands evolve. These expanding capabilities are enhanced through a tight integration with Adobe Experience Cloud applications and services.

The report found that: “Adobe’s Real-Time CDP helps to address the challenge of developing a 360-degree customer view” and goes on to say that “Customers in large enterprises that need global solutions, services and support should consider Adobe a strong choice.” IDC also highlights the following strengths:
Recommended AI News: SynSaber Announces Beta of Saber Technology for Industrial Asset Security

• Analytics – data science: Adobe Customer AI, included in Real-Time CDP, provides customer propensity models, influential factors underlying customer behaviors, and dashboards that visualize model results.
• Related offering portfolio: Adobe offers an extensive product portfolio for customer experience that complements its CDP offering, including Adobe Target, Adobe Analytics, Adobe Journey Optimizer, Adobe Customer Journey Analytics, and Adobe Audience Manager.
• Innovation: Adobe releases new enhancements to its CDP product monthly and is planning to support new verticals and use cases for its Real-Time CDP in the next year.

The report sums up Adobe Real-Time CDP’s strengths: “It is built on Adobe Experience Platform to facilitate connectivity with Adobe’s CX solution portfolio and third-party systems. It encompasses workflows, dashboards, democratized AI/ML, sources, governance, real-time profiles, and integrated destinations built to power marketer use cases. Adobe has robust educational and training resources, including a fully developed training and certification program as well as its Experience League community that offers peer-to-peer learning.”
**
Adobe’s enterprise customers are using Adobe Real-Time CDP to power differentiate experiences for their customers. Examples include:

• Panera is using Adobe Real-Time CDP to re imagine customer experience. By leveraging Adobe tools, Panera can apply customer insights to activation and deliver personalization at scale in both physical and digital domains.
• BJ’s prides itself on member experiences and is using Adobe Real-Time CDP to drive a comprehensive, real-time customer profile. Using deep transactional data captured in the profile, BJ’s is gaining access to increased customer intelligence that fuels loyalty and membership growth.
• ServiceNow selected Adobe Real-Time CDP for its embedded B2B capabilities, allowing them to influence all aspects of their customer journey in Real-time.

Recommended AI News: Turner Imaging Systems Welcomes Its New Vice President Of Sales & Marketing

[To share your insights with us, please write to sghosh@martechseries.com]