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Martech Modernization

Martech Modernization

Martech Modernization: The Trends, Challenges, and Opportunities A Snapshot of Martech Strategies and CDP Adoption According to research by Acxiom, 65% of companies with a defined martech strategy utilize a Customer Data Platform (CDP), compared to just 43% without one. This significant gap underscores the strategic role of CDPs in martech adoption. Additionally, nearly all businesses surveyed plan to revise their martech stack within the next 12 months, with 29% adding new tools and 15% consolidating existing ones. The Transformative Marketing Landscape Rapid technological advancements, changing customer expectations, and evolving identity ecosystems are fundamentally reshaping how brands engage their audiences. In this environment, modernizing martech has become essential for delivering the personalized experiences customers demand. However, modernization presents challenges such as siloed data, fragmented technologies, and gaps in expertise, complicating efforts to adapt. To gain insights into these dynamics, Acxiom surveyed 200 martech decision-makers from the US and UK about their modernization plans, motivations, and obstacles. The findings reveal a widespread push for martech updates, with brands seeking support to navigate this complex journey. SECTION ONE: A Martech Reset is Underway Martech Strategy Rises to the Top When asked to prioritize their marketing objectives, 34% of respondents listed developing a martech strategy among their top three goals. This places it alongside traditional objectives like increasing brand awareness and customer acquisition, reflecting its growing importance in achieving broader marketing goals. Even considering that survey respondents may prioritize martech more than the average business leader, the results highlight the industry’s dynamism and the pressing need for a martech reset. Widespread Stack Adjustments Nearly all surveyed businesses (99%) plan to adjust their martech stack in the next year. Key trends include: This widespread activity emphasizes the high priority placed on martech optimization. Streamlining and Experimentation Some organizations focus on refining their existing stacks, while others are piloting new platforms: C-Suite Engagement Martech modernization has also captured the attention of executive leadership. 60% of respondents noted that martech has become a higher priority for their C-suite in recent years, particularly in smaller companies leveraging technology to maximize resources and compete with larger rivals. Budget Increases Despite Economic Pressures In a challenging economic climate, 65% of respondents expect their martech budgets to grow over the next year, while only 10% foresee cuts. This trend reflects the recognition of martech as a strategic investment critical for maintaining competitiveness. SECTION TWO: Drivers of Martech Modernization Why Modernize? Modernization efforts are driven by a mix of goal-oriented and technical motivations. Key drivers include: Secondary motivations include streamlining integration, ensuring regulatory compliance, and reducing operational complexity. Key Takeaways As martech modernization accelerates, businesses must balance innovation with strategic planning to navigate this transformative era successfully. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more Top Ten Reasons Why Tectonic Loves the Cloud The Cloud is Good for Everyone – Why Tectonic loves the cloud You don’t need to worry about tracking licenses. Read more

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Transform Customer Experience

Transform Customer Experience

In today’s AI-driven business environment, customer experience (CX) has evolved from being a buzzword to a critical factor in determining success. It’s no longer enough for businesses to offer high-quality products or excellent service alone—today’s customers are always online, engaged, and seeking the most convenient, relevant, and enjoyable experiences. This is where Salesforce Data Cloud becomes a game-changer, providing the tools needed to meet modern customer expectations. Transforming Customer Experience with Salesforce Data Cloud Salesforce enables businesses to collect, integrate, and leverage critical customer information within its ecosystem, offering an all-encompassing view of each customer. This unified customer data allows organizations to forecast visitor trends, assess marketing impact, and predict customer behavior. As data-driven decision-making becomes increasingly central to business strategy, Salesforce Data Cloud and its Customer Data Platform (CDP) features provide a significant competitive edge—whether in e-commerce, fintech, or B2B industries. Data Cloud is more than just your traditional CDP. It’s the only data platform native to the world‘s #1 AI CRM. This means that marketers can quickly access and easily action on unified data – from across the entire business – to drive growth and increase customer lifetime value. Data Cloud’s Role in Enhancing CX By unifying data in one place, Salesforce Data Cloud enables organizations to access real-time customer insights. This empowers them to track customer activity across channels like email, social media, and online sales, facilitating targeted marketing strategies. Businesses can analyze customer behavior and deliver personalized messaging, aligning marketing, sales, and customer service efforts to ensure consistency. With these capabilities, Salesforce customers can elevate the CX by delivering the right content, at the right time, to the right audience, ultimately driving customer satisfaction and growth. New Features of Salesforce Data Cloud Salesforce continues to evolve, introducing cutting-edge features that reshape customer interaction: To fully maximize these features, partnering with a Salesforce Data Cloud consultant can help businesses unlock the platform’s full potential and refine their customer engagement strategies. Agentic AI Set to Supercharge Business Processes Salesforce’s vision extends beyond customer relationship management with the integration of Agentic AI through its Customer 360 platform. According to theCUBE Research analysts, this signals a shift toward using AI agents to automate complex business processes. These AI agents, built on Salesforce’s vast data resources, promise to revolutionize how companies operate, offering customized, AI-driven business tools. “If they can pull this off, where it becomes a more dynamic app platform, more personalized, really focused on those processes all the way back to the data, it’s going to be a clear win for them,” said Strechay. “They’re sitting on cloud; they’re sitting on IaaS. That’s a huge win from that perspective.” AI agents create a network of microservices that think and act independently, involving human intervention only when necessary. This division of labor allows businesses to capture expertise in routine tasks while freeing human workers to focus on more complex decision-making. However, the success of these AI agents depends on access to accurate and reliable data. As Gilbert explained, “Agents can call on other agents, and when they’re not confident of a step in a process or an outcome, they can then bounce up to an inbox for a human to supervise.” The goal isn’t to eliminate humans but to capture their expertise for simpler processes. Empowering Developers and Citizen Creators At the core of this AI-driven transformation is Salesforce’s focus on developers. The platform’s low-code tools allow businesses to easily customize AI agents and automate business processes, empowering both experienced developers and citizen creators. With simple language commands or goal-setting, companies can build and train these AI agents, streamlining operations. “It’s always going to be about good data—that’s the constant,” Bertrand said. “The second challenge is how to train agents and humans to work together effectively. While some entry-level jobs may be replaced, AI will continue to evolve, creating new opportunities in the future.” Is Salesforce Data Cloud the Right Fit for Your Business? Salesforce Data Cloud offers comprehensive capabilities for businesses of all sizes, but it’s essential to assess whether it aligns with your specific needs. The platform is particularly valuable for: For businesses that fit these scenarios, working with Salesforce’s partner ecosystem or a Data Cloud consultant can help ensure successful integration and optimization. What’s New in Salesforce’s Latest Release? The latest Salesforce Spring Release introduced several exciting features, further enhancing Salesforce Data Cloud: These updates reflect Salesforce’s commitment to providing innovative, data-driven solutions that enhance customer experiences and drive business success. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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Oracle Advertising Sundown

Oracle Advertising Sundown

Oracle Shifts Focus to B2B CX, Introduces New Fusion Cloud Features Despite winding down its online advertising products, Oracle is doubling down on its investment in customer experience (CX) technology, particularly in enabling B2B buying and supporting subscription and consumption models. During the Oracle CloudWorld conference on Wednesday, the company unveiled new capabilities for its Fusion Cloud Customer Experience and Unity Customer Data Platform. These enhancements empower Oracle CX users to analyze customer profiles to assemble B2B buying teams, leverage generative AI tools like native analytics, and utilize industry-specific accelerators to speed up the adoption of customer data tools. Key features include the ability to create self-service sites for individual accounts, enabling customers to review and summarize contracts using generative AI, receive quotes, and renew subscriptions. Other features enhance “assisted buying experiences,” blending self-service and human interaction, while tools like account onboarding and AI-powered email drafting simplify full-service sales processes. Subscription models, though still in their early stages for B2B, offer a streamlined alternative to traditional procurement processes. As Liz Miller, an analyst at Constellation Research, noted, subscription-based buying is easier and quicker, avoiding the lengthy procurement cycles many B2B buyers are familiar with. “The pain of traditional B2B buying is still fresh in everyone’s mind,” she said. Oracle Advertising Shuts Down Oracle’s advertising product support will end on September 30, as confirmed by CEO Safra Catz during the company’s June earnings call. The Oracle Advertising Data Management Platform (DMP), built from its BlueKai acquisition, is being retired, following in the footsteps of Salesforce, which discontinued its Audience Studio in 2021. Despite Oracle winding down its ad platform, this move shouldn’t be seen as a shift away from customer experience. Oracle founder Larry Ellison remains deeply involved in shaping the company’s CX strategy, with a focus on marketing tools and Apex low-code platforms, said Rob Pinkerton, Oracle’s senior vice president. Oracle’s modernized CX suite, built on the Fusion Cloud platform, has evolved significantly in recent years, though questions remain about whether it’s too late to regain market share. “Oracle as a CX platform has fallen off the radar for many buyers,” said Miller, adding that customers are no longer debating between Oracle, Microsoft, and Salesforce in the CX space. New Industry-Specific Tools for CX Oracle has also expanded its CX platform with industry-specific tools designed to accelerate the adoption of its customer data platform (CDP) across sectors such as high tech, manufacturing, professional services, telecommunications, utilities, financial services, travel, and retail. According to Rebecca Wettemann, CEO of research firm Valoir, Oracle’s Fusion platform has matured significantly and now supports the complexity of modern customer needs. Wettemann highlighted how common components like customer interaction summaries can be adapted for multiple industries, delivering faster results than traditional applications. Oracle’s Clinical Digital Assistant is one such example of this approach, illustrating the platform’s versatility and AI-driven enhancements. With these developments, Oracle continues to refine its CX offerings to better meet the unique demands of B2B customers, providing tools that streamline operations and enhance customer experiences across various industries. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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SaaS Data Protection from Own

SaaS Data Protection from Own

ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–Own, the industry leader for SaaS data protection and activation, today announced the release of Continuous Data Protection for Salesforce customers, further strengthening its product offering to include unprecedented recovery and analysis capabilities. In an industry-first approach, Own Continuous Data Protection provides a turn-key solution that delivers significant value to customers that have mission-critical, frequently changing, or highly valuable data within Salesforce. Own is the only SaaS data protection platform that proactively detects and stores data changes in Salesforce by leveraging platform events to prevent data loss. “This innovative approach to Continuous Data Protection will provide our Salesforce customers with an unparalleled advantage for capturing every change to their data ” said Adrian Kunzle, Chief Technology Officer at Own. “From the company’s inception almost 10 years ago, it has been our goal to ensure that no company operating in the cloud loses their data. At Own, we are the first to reimagine Continuous Data Protection for greater data resilience and scalability, and to ensure business continuity. This new solution offers true continuous data protection, and equips our customers with the most complete dataset to enable greater data fidelity to power AI models.” Own’s release of Continuous Data Protection (CDP) is a groundbreaking development in data protection and activation. Traditionally, backup and recovery solutions that specialize in protecting SaaS application data leverage a high-frequency model that provides multiple snapshots per week or day. Continuous Data Protection from Own pushes data changes to a backup as they happen, allowing businesses to capture changes in their data in near real-time. In addition to creating a more resilient and scalable approach, the higher-fidelity datasets this offering creates will enable organizations to unlock new ways of leveraging analytics and AI models across their vital information. “This innovative approach to Continuous Data Protection will provide our Salesforce customers with an unparalleled advantage for capturing every change to their data,” said Adrian Kunzle, Chief Technology Officer at Own. “From the company’s inception almost 10 years ago, it has been our goal to ensure that no company operating in the cloud loses their data. At Own, we are the first to reimagine Continuous Data Protection for greater data resilience and scalability, and to ensure business continuity. This new solution offers true continuous data protection, and equips our customers with the most complete dataset to enable greater data fidelity to power AI models.” Continuous Data Protection is a step forward in the world of SaaS data protection, enabling Own Recover for Salesforce customers to recover rapidly changing, mission-critical data faster, enhancing data resiliency and scalability. Continuous Data Protection provides the ability to: The Continuous Data Protection offering will be generally available on August 19, 2024. About Own Own is the industry leader in SaaS data protection and activation, trusted by thousands of organizations to ensure the availability, security, and compliance of mission-critical data, while unlocking new ways to gain deeper insights faster. Own ensures data resiliency and empowers organizations to bring historical context to life for predictive insights and inspiration. By partnering with some of the world’s largest SaaS ecosystems such as Salesforce, ServiceNow and Microsoft Dynamics 365, Own enables customers around the world to truly own their data and transform their business. It’s their platform. It’s your data. Own it. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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Data Cloud Features and Connectors

Data Cloud Features and Connectors

Leveraging New Features and Connectors in Salesforce’s Data Cloud Salesforce’s Data Cloud is rapidly evolving with continuous updates and new functionalities, including AI advancements. Keeping pace with these changes can be challenging. This insight explores the latest features and how to effectively utilize them to enhance your Salesforce environment. Data Cloud Features and Connectors. Are CDP and data Cloud the same? Data Cloud is more than just your traditional CDP. It’s the only data platform native to the world’s #1 AI CRM. This means that marketers can quickly access and easily action on unified data – from across the entire business – to drive growth and increase customer lifetime value. Introducing the Feature Manager The Winter ‘24 update introduced the Feature Manager, a powerful tool that simplifies managing Data Cloud’s features. It allows you to easily enable, disable, and monitor AI and beta features within the platform. Where to Find It You can find the Feature Manager in the navigation pane under the Features section, providing a centralized and intuitive way to manage your Data Cloud capabilities. Enable Data Cloud Features Using the Feature Manager, you can enable Data Cloud features. This screen is visible only when there are one or more features to enable or disable. Advantages of Enabling Beta Features One standout capability of the Feature Manager is its support for enabling beta versions of connectors and AI features. Here’s why you should consider using beta features: Early Access to Innovations Beta features give you early access to the latest tools, allowing you to experiment with new functionalities before their official release. This can provide a competitive edge and enhance your Salesforce environment. Feedback and Influence Using beta features allows you to provide valuable feedback to Salesforce, helping shape the final versions of these tools. This feedback loop ensures that the features are refined to meet user needs. How to Enable Beta Features Enable and Disable Data Cloud AI and Beta Features with Feature Manager Easily enable, disable, and monitor Data Cloud AI and beta features using the new Feature Manager, found in the navigation pane under Features. Where: This change applies to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Steps to Enable Beta Features: Real-World Example: Adobe Marketo Connector A prime example of a beta feature available in the Winter ’24 release is the Adobe Marketo connector. This connector is currently in beta, allowing users to enable and test it through the Feature Manager. Steps to Enable the Adobe Marketo Connector By enabling and testing this connector, you can explore its functionalities and see how it integrates with your existing Salesforce setup. Staying Updated with Salesforce Data Cloud Keeping up with the latest features in Salesforce Data Cloud doesn’t have to be overwhelming. With tools like the Feature Manager, you can easily manage, enable, and experiment with new features and connectors, including those currently in beta. This not only keeps you at the forefront of innovation but also allows you to directly influence the development of these tools. Dive in, utilize the new capabilities, and make the most of what Salesforce Data Cloud has to offer. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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Marketing Cloud Engagement

Personalization vs Privacy in Marketing

The marketing landscape is evolving rapidly, with brands increasingly relying on data to drive customer engagement. Personalization vs Privacy in Marketing. While organizations anticipate a surge in data sources, achieving a comprehensive view of customers remains a challenge for many. Privacy regulations like GDPR and changes in tech policies, such as Apple’s, have significantly impacted how marketers utilize data. Despite efforts to transition away from third-party data, many still partially depend on it, necessitating a shift towards zero- and first-party data. Marketers are exploring various strategies to adapt, including incentivizing customers to share information and investing in AI technologies to enhance customer experiences and operational efficiency. However, there’s a concerning decline in the proportion of marketers going beyond regulatory requirements to safeguard customer privacy. As customer preferences continue to evolve, bridging online and offline experiences remains a priority, with AI playing a pivotal role in integrating these channels seamlessly. This Tectonic insight highlights several key trends and challenges in the realm of marketing and customer engagement, particularly focusing on data utilization, privacy regulations, AI adoption, and the integration of online and offline channels. Here’s a breakdown of the main points: Overall, this insight highlights the complex landscape of modern marketing, where data, privacy regulations, AI, and omnichannel integration play crucial roles in shaping customer engagement strategies. Marketers must navigate these challenges while prioritizing customer privacy and delivering personalized experiences across various touchpoints. Like1 Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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Salesforce Data Cloud

Salesforce Data Cloud vs Snowflake

A Comprehensive Comparison In the today’s data-driven world, businesses increasingly turn to cloud-based data platforms for managing, analyzing, and deriving insights from their customer data. Among the prominent options available, Salesforce Data Cloud and Snowflake stand out from the crowd. While both platforms offer robust capabilities, they exhibit distinct strengths and weaknesses. This insight looks into the comparison of Salesforce Data Cloud vs Snowflake. Salesforce Data Cloud: Salesforce Data Cloud is a hyperscale customer data platform (CDP) designed to help businesses consolidate all their customer data, including engagement data sourced externally. It establishes a unified view of the customer, empowering businesses to personalize experiences, enhance decision-making, and foster growth. Snowflake: Snowflake is a cloud-based data warehousing platform that facilitates the storage, analysis, and sharing of data for businesses. It encompasses a wide array of features, including an awesome SQL engine, elastic scalability, and compatibility with various data sources. Salesforce Data Cloud vs Snowflake Feature Salesforce Data Cloud Snowflake Focus Customer data General data Strengths Data enrichment, personalization, real-time updates Scalability, analytics, SQL support Weaknesses Less flexible than Snowflake, limited analytics capabilities Not as user-friendly as Salesforce Data Cloud Pricing Based on data volume Based on usage The ideal platform for you will be contingent on your specific needs and requirements. If your primary focus is on managing customer data and enhancing customer engagement, Salesforce Data Cloud proves to be a suitable option. On the other hand, if you require a more versatile data platform capable of handling a broad range of data types and workloads, Snowflake emerges as a better choice. Additional considerations include: Ultimately, the most effective way to determine the right platform for you is to experiment with both and assess which one aligns better with your preferences. Contact Tectonic today to explore Data Cloud and Snowflake for your data needs. Like2 Related Posts Top Ten Reasons Why Tectonic Loves the Cloud The Cloud is Good for Everyone – Why Tectonic loves the cloud You don’t need to worry about tracking licenses. Read more 50 Advantages of Salesforce Sales Cloud According to the Salesforce 2017 State of Service report, 85% of executives with service oversight identify customer service as a Read more CRM Cloud Salesforce What is a CRM Cloud Salesforce? Salesforce Service Cloud is a customer relationship management (CRM) platform for Salesforce clients to Read more How Travel Companies Are Using Big Data and Analytics In today’s hyper-competitive business world, travel and hospitality consumers have more choices than ever before. With hundreds of hotel chains Read more

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Salesforce Logo

Spring ’24 Enhancements to Salesforce Analytics, Data Cloud, Einstein, and Net Zero Cloud

Discover the Spring ’24 Enhancements to Analytics Data Cloud Einstein and Net Zero Cloud Enhancements to Salesforce Analytics, Data Cloud, Einstein, and Net Zero Cloud in Spring’24. Reports and Dashboards for Data Cloud Enhancements Analytics Create custom report types, more core semantics, calculated insights, and date and time formulas. Analytics Collection Components Analytics Curate related analytics assets for better organization and easier consumption. Embed a specific collection directly into Lightning pages to easily access the insights you need right in your workflow. Enhanced Dashboard Customization Analytics Easily create and remember custom colors for widgets. Save hours in development time by applying layouts and colors to all widgets in a dashboard with just a few clicks. Revenue Intelligence Enhancements Analytics A new streamlined setup helps you get started even faster, and a library of KPI components lets you further customize Forecast Insights. To better understand conversation rates, use the new Win Rate Funnel view. Data Graphs Data Cloud Combine multiple data model objects and calculated insights into a unified view. New Profile API improves query performance to power near real-time use cases across Customer 360. Bring Your Own Lake with Snowflake Data Cloud Share data between Data Cloud and Snowflake with zero-ETL. With Data Federation, you can now share your data bidirectionally and access Snowflake datasets in Salesforce to enrich your unified customer profiles and unlock new insights. Bring Your Own Lake with Google BigQuery Data Cloud Share data between Data Cloud and Google BigQuery with zero-ETL. With seamless data access, you can enrich your unified customer profiles with BigQuery datasets, helping you unlock new insights and better power your Google Analytics and AI models. Streaming Data Ingest for Salesforce CRM Connector Data Cloud Ingest changes to Salesforce standard and custom objects in near real-time with streaming data ingest for the Salesforce CRM Connector. Now, existing batch ingestion checks for more frequent updates to your Salesforce objects. Einstein Copilot Einstein Embed Einstein Copilot—a conversational AI assistant—across all Salesforce applications to help teams be more productive. Automate steps or tasks with out-of-the-box actions, or create custom actions that call flows, Apex, or MuleSoft APIs. Prompt Builder Einstein Create, test, and refine prompt templates easily without code. Ground prompts with dynamic CRM data, including merge fields and flows. Invoke prompted workflows across the Einstein 1 Platform through Flow, Lightning Web Components, and Apex. ESG (Environmental, Social, and Governance) Disclosure Authoring with Generative AI Net Zero Cloud Use Einstein to generate more efficient Corporate Sustainability Reporting Directive (CSRD), Global Reporting Initiative (GRI), and Carbon Disclosure Project (CDP) reports. Einstein can access and use the internal information you’ve uploaded to Net Zero Cloud to write and answer specific questions required for these reporting standards. Disclosure and Compliance Hub Plugin for Microsoft Word Net Zero Cloud Net Zero Cloud now provides sustainability managers more flexibility to support multiple authoring formats using Microsoft Word Office 365. Multiuser collaboration, easy navigation, and rich text support create a cleaner and easier experience. Marginal Abatement Cost Visualizations Net Zero Cloud With marginal abatement cost visualizations, customers can gain insights into required investments for various programs and forecast future emissions based on the cost to offset carbon. Sustainability Program Visualizations Net Zero Cloud Visualize the combined effects of multiple environmental, social, and corporate governance (ESG) initiatives and gain a deeper understanding into different ESG projects and specific metrics within these projects. Improved Emissions Factors Management Net Zero Cloud Automatically integrate emissions factors from Net Zero Marketplace into Net Zero Cloud to easily manage and apply the data, for improved transparency and visibility in one location. Stay tuned to Tectonic’s Insights for more details and news from Salesforce. Enhancements to Salesforce Analytics, Data Cloud, Einstein, and Net Zero Cloud. Like1 Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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Jan '24 Einstein Data Cloud Updates

January ’24 Einstein Data Cloud Updates

Utilize Generative AI to Target Audiences Effectively Harness the power of generative AI with Einstein Segment Creation in Data Cloud to create precise audience segments. Describe your target audience, and Einstein Segment Creation swiftly produces a segment using trusted customer data available in Data Cloud. This segment can be easily edited and fine-tuned as necessary. Jan ’24 Einstein Data Cloud Updates. Where: This enhancement is applicable to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Einstein generative AI is accessible in Lightning Experience. When: This functionality is rolling out gradually, starting in Spring ’24. How: In Data Cloud, create a new segment and choose Einstein Segment Creation. In the Einstein panel, input a description of your segment using simple text, review the draft, and make adjustments as needed. Gain Insights into Segment Performance with Segment Intelligence Analyze segment data efficiently with Segment Intelligence, an in-platform intelligence tool for Data Cloud for Marketing. Offering a straightforward setup process, out-of-the-box data connectors, and pre-built visualizations, Segment Intelligence aids in optimizing segments and activations across various channels, including Marketing Cloud Engagement, Google Ads, Meta Ads, and Commerce Cloud. Where: This update applies to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Utilizing Segment Intelligence requires a Data Cloud Starter license. When: For details regarding timing and eligibility, contact your Salesforce account executive. How: To configure Segment Intelligence, navigate to Salesforce Setup. To view Segment Intelligence dashboards, go to Data Cloud and select the Segment Intelligence tab. Activate Audiences on Google DV360 and LinkedIn Effortlessly activate audiences on Google DV360 and LinkedIn as native activation destinations in Data Cloud. Directly use segments for targeted advertising campaigns and insights reporting. Where: This change is applicable to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Requires an Ad Audiences license. When: This functionality is available starting in March 2024. Enhance Identity Resolution with More Frequent Ruleset Processing Experience more timely ruleset processing as rulesets now run automatically whenever your data changes. This improvement eliminates the need to wait for a daily ruleset run, ensuring efficient and cost-effective processing. Where: This update applies to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Refine Identity Resolution Match Rules with Fuzzy Matching Extend the use of fuzzy matching to more fields, allowing fuzzy matching on any text field in your identity resolution match rules. Up to two fuzzy match fields, other than first name, can be used in a match rule, with a total of six fuzzy match fields in any ruleset. Enhance match rules by updating to the “Fuzzy Precision – High” method for fields like last name, city, and account. Where: This enhancement applies to Data Cloud in Developer, Enterprise, Performance, and Unlimited editions. Salesforce Einstein’s AI Capabilities Salesforce Einstein stands out as a comprehensive AI solution for CRM. Notable features include being data-ready, eliminating the need for data preparation or model management. Simply input data into Salesforce, and Einstein seamlessly operates. Additionally, Salesforce introduces the Data Cloud, formerly known as Genie, as a significant AI-powered product. This platform, combining Data Cloud and AI in Einstein 1, empowers users to manage unstructured data efficiently. The introduction of the Data Cloud Vector Database allows for the storage and retrieval of unstructured data, enabling Einstein Copilot to search and interpret vast amounts of information. Salesforce also unveils Einstein Copilot Search, currently in closed beta, enhancing AI search capabilities to respond to complex queries from users. Jan ’24 Einstein Data Cloud Updates This groundbreaking offering addresses the challenge of managing unstructured data, a substantial portion of business data, and complements it with the capability to use familiar automation tools such as Flow and Apex to monitor and trigger workflows based on changes in this data. Overall, Salesforce aims to revolutionize how organizations handle unstructured data with these innovative additions to the Data Cloud. Like2 Related Posts Salesforce Artificial Intelligence Is artificial intelligence integrated into Salesforce? Salesforce Einstein stands as an intelligent layer embedded within the Lightning Platform, bringing robust Read more CRM Cloud Salesforce What is a CRM Cloud Salesforce? Salesforce Service Cloud is a customer relationship management (CRM) platform for Salesforce clients to Read more Salesforce’s Quest for AI for the Masses The software engine, Optimus Prime (not to be confused with the Autobot leader), originated in a basement beneath a West Read more How Travel Companies Are Using Big Data and Analytics In today’s hyper-competitive business world, travel and hospitality consumers have more choices than ever before. With hundreds of hotel chains Read more

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Salesforce Data Cloud

Salesforce Data Cloud Evolution

Data Cloud stands as the fastest-growing organically built product in Salesforce’s history, signifying a significant milestone in solving the enduring data problem within Customer Relationship Management (CRM). Salesforce Data Cloud Evolution since its beginnings is an interesting story. With an average of 928 systems per company, identity resolution becomes challenging, especially when managing more than one system. Salesforce’s expansion into AI-powered CRM emphasizes the synergy between AI and data, recognizing that AI’s optimal functionality requires robust data support. Data Cloud acts as the foundation accelerating connectivity across different ‘clouds’ within the Salesforce platform. While it’s available for purchase, even Salesforce customers without licensed Data Cloud still benefit from its foundational advantages, with increased strength when utilized as a personalization and data unification platform. The history of Data Cloud reflects its evolution through various iterations, from Customer 360 Audiences to Salesforce Genie, ultimately settling as Data Cloud in 2023. This journey marked significant developments, expanding from a marketer’s tool to catering for sales, service, and diverse use cases across the Salesforce platform. Data harmonization with Data Cloud simplifies the complex process, requiring fewer efforts compared to traditional methods. It comes pre-wired to Salesforce objects, reducing the need for extensive data modeling and integration steps. The technical capability map showcases a comprehensive integration of various technologies, making Data Cloud versatile and adaptable. Data Cloud’s differentiators include being pre-wired to Salesforce objects, industry-specific data models, prompt engineering capabilities, and the inclusion of the Einstein Trust Layer, addressing concerns related to generative AI adoption. Looking ahead, Data Cloud continues to evolve with constant innovation and features in Salesforce’s major releases. The introduction of Data Cloud for Industries, starting with Health Cloud, signifies ongoing enhancements to cater to industry-specific needs. Closing the skills gap is crucial for effective Data Cloud implementation, requiring a blend of developer skills, data management expertise, business analyst skills, and proficiency in prompt engineering. Salesforce envisions Data Cloud, combined with CRM and AI, as the next generation of customer relationship management, emphasizing the importance of sound data and skillful implementation. Data Cloud represents the ‘Holy Grail of CRM,’ offering a solution to the long-standing data challenges in CRM. However, its success as an investment depends on the organization’s readiness to demonstrate return on investment (ROI) through solid use cases, ensuring unified customer profiles and reaping the rewards of this transformative technology. FAQ When did Salesforce introduce data cloud? Customer 360 Audiences: Salesforce’s initial CDP offering, launched in 2020. Salesforce CDP: The name changed in 2021 to align with how the blooming CDP market was referring to this technology. Does Salesforce data cloud compete with Snowflake? They offer distinct capabilities and cater to diverse business needs. Salesforce Data Cloud specializes in data enrichment, personalization, and real-time updates, while Snowflake boasts scalable data warehousing and powerful analytics capabilities. What is the data cloud in Salesforce? Deeply integrated into the Einstein 1 Platform, Data Cloud makes all your data natively available across all Salesforce applications — Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Tableau, and MuleSoft — to power automation and business processes and inform AI. Is Salesforce Genie now data cloud? Announced at Dreamforce ’22, Salesforce Genie was declared the greatest Salesforce innovation in the company’s history. Now known as Data Cloud, it ingests and stores real-time data streams at massive scale, and combines it with Salesforce data. This paves the way for highly personalized customer experiences Like1 Related Posts Salesforce Artificial Intelligence Is artificial intelligence integrated into Salesforce? Salesforce Einstein stands as an intelligent layer embedded within the Lightning Platform, bringing robust Read more CRM Cloud Salesforce What is a CRM Cloud Salesforce? Salesforce Service Cloud is a customer relationship management (CRM) platform for Salesforce clients to Read more Salesforce’s Quest for AI for the Masses The software engine, Optimus Prime (not to be confused with the Autobot leader), originated in a basement beneath a West Read more Salesforce Government Cloud: Ensuring Compliance and Security Salesforce Government Cloud public sector solutions offer dedicated instances known as Government Cloud Plus and Government Cloud Plus – Defense. Read more

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Salesforce CDP

Utilizing a CDP

In the current digital landscape, customer data stands as a pivotal asset for organizations aiming to craft personalized and targeted experiences. Yet, the primary challenge for utilizing a CDP lies in the aggregation and consolidation of this data, often dispersed across a multitude of sources. This is where the significance of Customer Data Platforms (CDPs) becomes evident. Configured for optimal use, your data is good to go. A CDP functions as a software system that integrates customer data from various sources, encompassing marketing automation, AdTech, commerce, service, analytics, procurement, production, logistics, compliance, and more. The consolidated data is housed within a unified platform for analysis and marketing purposes. By serving as a single source of truth, CDPs empower organizations to create more pertinent, real-time, contextual, and compliant experiences for their customers. Operating as a connector within existing tech stacks, CDPs play a crucial role in filtering and binding siloed and fragmented customer data from diverse teams. This results in actionable insights, more profitable interactions, and a foundation for the growth of customer value. CDPs extend their utility beyond marketing, offering advantages to sectors like healthcare, where they can unify patient data, eliminate data silos, and furnish timely information to enhance patient outcomes. By addressing prevalent challenges such as unconnected data, non-optimized work efforts, operational inefficiencies, and encumbered time-to-market, CDPs prove instrumental in fostering organizational success. It’s important to highlight that a CDP is not a substitute for a CRM solution, especially in large enterprise settings. Integration with critical data-source systems beyond the martech stack is essential for extracting hidden value from the organization’s data. Utilizing a CDP As the digital marketing industry navigates the transition to a cookieless future, and first-party data takes precedence, the value of CDPs is set to grow. However, to unlock their full potential, the adoption of CDPs should extend beyond marketers. CDPs must evolve into interconnected sources of truth across all departments and interactions, both physical and digital. By functioning as cohesive data aggregators, they enable organizations to harness vast volumes of customer-impacting data and insights, delivering optimized, hyper-personalized, and differentiating experiences. Like1 Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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The Evolution of Salesforce Data Cloud

The Evolution of Salesforce Data Cloud

The Evolution of Salesforce Data Cloud Salesforce’s journey to Data Cloud started with its acquisition of Krux in 2016, which was later rebranded as Salesforce DMP. This transformation gained momentum in 2019 when Salesforce introduced its customer data platform (CDP), incorporating Salesforce DMP. Subsequent acquisitions of Datorama, MuleSoft, Tableau, and Evergage (now Interaction Studio) enriched Salesforce CDP’s functionality, creating today’s robust Data Cloud. Understanding Customer Data Platforms (CDPs) A customer data platform (CDP) aggregates customer data from multiple channels to create a unified customer profile, enabling deeper insights and real-time personalization. A CDP serves as a centralized customer data repository, merging isolated databases from marketing, service, and ecommerce to enable easy access to customer insights. Salesforce’s “State of Marketing” report highlights the impact of CDPs, noting that 78% of high-performing businesses use CDPs, compared to 58% of underperformers. This analysis explores the evolution of CDPs and their role in transforming customer relationship management (CRM) and the broader tech ecosystem, turning customer data into real-time interactions. Key Functions of a Customer Data Platform (CDP) CDPs perform four main functions: data collection, data harmonization, data activation, and data insights. Origins of Customer Data Platforms (CDPs) CDPs evolved as the latest advancement in customer data management, driven by the need for a unified marketing data repository. Unlike earlier tools that were often limited to specific channels, CDPs enable real-time data synchronization and cross-platform engagement. Advances in AI, automation, and machine learning have made this level of segmentation and personalization attainable. The Future of Customer Data Platforms (CDPs) The next generation of CDPs, like Salesforce’s Data Cloud, supports real-time engagement across all organizational functions—sales, service, marketing, and commerce. Data Cloud continuously harmonizes and updates customer data, integrating seamlessly with Salesforce products to process over 100 billion records daily. With Data Cloud, organizations gain: Benefits of a Customer Data Platform (CDP) CDPs provide comprehensive insights into customer interactions, supporting personalization and cross-selling. Beyond segmentation, they serve as user-friendly platforms for audience analysis and data segmentation, simplifying day-to-day data management. Data Cloud allows organizations to transform customer data into personalized, seamless experiences across every customer touchpoint. Leading brands like Ford and L’Oréal utilize Data Cloud to deliver connected, real-time interactions that enhance customer engagement. The Need for Customer Data Platforms (CDPs) CDPs address critical data management challenges by unifying disjointed data sources, resolving customer identities, and enabling seamless segmentation. These capabilities empower companies to maximize the potential of their customer data. CDP vs. CRM CDPs are an evolution of traditional CRM, focusing on real-time, highly personalized interactions. While CRMs store known customer data, CDPs like Data Cloud enable real-time engagement, making it the world’s first real-time CRM by powering Salesforce’s Customer 360. Selecting the Right CDP When choosing a CDP, the focus often falls into two areas: insights and engagement. An insights-oriented CDP prioritizes data integration and management, while an engagement-focused CDP leverages data for real-time personalization. Data Cloud combines both, integrating real-time CDP capabilities to deliver unmatched insights and engagement across digital platforms. Content updated October 2024. Like Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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data cloud and marketing cloud personalization

What is the Difference in a Data Lake and a Data Warehouse

Is a Data Lake Necessary? Difference in a Data Lake and a Data Warehouse? Do I need both? Both Data Lakes and Data Warehouses play crucial roles in the data processing and reporting infrastructure. They are complementary approaches rather than substitutes. Relevance of Data Lakes: Data lakes are losing popularity compared to their previous standing. Advanced storage solutions like data warehouses are progressively taking their place. Can Data Lakes Replace Data Warehouses? Data lakes do not directly replace data warehouses; they serve as supplementary technologies catering to different use cases with some overlap. Organizations typically have both a data lake and a data warehouse. Distinguishing Between Data Lakes and Data Warehouses: Data lakes and data warehouses serve as storage systems for big data, utilized by data scientists, data engineers, and business analysts. Despite some similarities, their differences are more significant than their commonalities, and understanding these distinctions is vital for aspiring data professionals. Data Lake vs. Data Warehouse: Key Differences: Data lakes aggregate structured and unstructured data from multiple sources, resembling real lakes with diverse inflows. Data warehouses, on the other hand, are repositories for pre-structured data intended for specific queries and analyses. Exploring Data Lakes: A data lake is a storage repository designed to capture and store large amounts of raw data, whether structured, semi-structured, or unstructured. This data, once in the lake, can be utilized for machine learning or AI algorithms and later transferred to a data warehouse. Data Lake Examples: Data lakes find applications in various sectors, such as marketing, education, and transportation, addressing business problems by collecting and analyzing data from diverse sources. Understanding Data Warehouses: A data warehouse is a centralized repository and information system designed for business intelligence. It processes and organizes data into categories called data marts, allowing for structured data storage from multiple sources. Data Warehouse Examples: Data warehouses support structured systems and technology for diverse industries, including finance, banking, and food and beverage, facilitating secure and accurate report generation. Data Warehouses compared to Data Lakes: Data warehouses contain processed and sanitized structured data, focusing on business intelligence, while data lakes store vast pools of unstructured, raw data, providing flexibility for future analysis. Key Differences Between Warehouses and Lakes: Intended purpose, audience, data structure, access and update cost, access model, and storage and computing are crucial factors distinguishing data warehouses and data lakes. Choosing Between Data Warehouse and Data Lake: The decision depends on organizational needs, value extracted from data analysis, and infrastructure costs. Organizations may opt for agility with a data lake, a data warehouse for larger data quantities, or a combination for maximum flexibility. A data lake stores raw, unstructured data indefinitely, providing cost-effective storage, while a data warehouse contains cleaned, processed, and structured data, optimized for strategic analysis based on predefined business needs. Data Warehouse, Data Lake, and Data Hub Differences: Data warehouses and data lakes primarily support analytic workloads, whereas data hubs focus on data integration, sharing, and governance, serving different purposes in the data landscape. Salesforce Data Cloud is a powerful data warehouse solution that allows companies to effectively manage and analyze their data. It provides users with the ability to stream input data from Salesforce and other sources, making it a comprehensive platform for data integration. Content updated February 2024. Like1 Related Posts Salesforce OEM AppExchange Expanding its reach beyond CRM, Salesforce.com has launched a new service called AppExchange OEM Edition, aimed at non-CRM service providers. Read more The Salesforce Story In Marc Benioff’s own words How did salesforce.com grow from a start up in a rented apartment into the world’s Read more Salesforce Jigsaw Salesforce.com, a prominent figure in cloud computing, has finalized a deal to acquire Jigsaw, a wiki-style business contact database, for Read more Health Cloud Brings Healthcare Transformation Following swiftly after last week’s successful launch of Financial Services Cloud, Salesforce has announced the second installment in its series Read more

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