In a recent survey by MarTech.com, only 22 percent of marketing technologists expressed being “fully equipped” to drive the necessary change within their organizations. But it’s no longer budgets, since 70 percent of respondents say they feel adequately funded. So why the disconnect?
I recently wrote about the false hopes and hidden costs that marketing automation is bringing to many companies. With the best of intentions, leaders often hope that new technologies and capabilities will pull teams together and these newly empowered marketers will drive breakthrough returns. While companies understand the need to give tools to their marketers, the balance of the problems we see are often unrelated to the technology. And the latest research underscores some of the issues: many fewer teams cite budget as the reason for a lack of adoption. As Scott Brinker, president and CTO of ion interactive wrote, “there are all these tools now; what do we actually do with them.” Especially as customers expect a more seamless and always-on experience, the challenge for marketing leaders is finding a more cohesive technology approach that meets those demands. The question is how do you ease the transitions in moving from the first generation of marketing automation to something more integrated and customer-centric?
In this marketing tech in transition series, my team and I highlight four imperatives: Big Data, Cloud, Identity Resolution and Artificial Intelligence. and share how applying these imperatives will transform your marketing tech. To dive deeper into our Big Data journey over the last five years, I sat down with Epsilon's Enterprise Architecture leads, Prashanth Athota, Krishna Kodali and Jayendra Gurram.