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Cvent Unveils AI-Powered Innovations to Transform Event and Hospitality Technology

Cvent Unveils AI-Powered Innovations to Transform Event and Hospitality Technology

technology 13 Jun 2024

New AI-powered offerings to deliver easy-to-use, practical tools to enable greater efficiency for hotel sales teams

Investments reflect Cvent’s commitment to enhancing collaboration between planners and hoteliers to drive more group business

Cvent, a leader in meetings, events, and hospitality technology, has introduced significant AI-driven advancements during its Hospitality Cloud Product Roadmap Session at Cvent CONNECT. These innovations aim to revolutionize event and hospitality management by leveraging AI across Cvent’s comprehensive technology platform.

  1. AI-Powered Product Offerings:

    • Planner Navigator Enhancements: AI capabilities streamline prospecting by automatically matching hotels and venues with planners' needs, facilitating customized prospecting pitches.
    • Natural Language Venue Search: AI integrated into the Cvent Supplier Network allows planners to use conversational language for venue searches, improving efficiency and RFP quality.
    • Custom Questions for RFP Response: AI technology references past responses to generate instant answers to custom questions, reducing response time for hotel sales teams.
    • RFP Agenda Builder: AI-driven tool within CSN helps planners create comprehensive event agendas swiftly, enhancing planning efficiency.
    • AI Diagram Assistant: Empowers hotel operations with quick, customized floorplans and room layouts using natural language functionality.
  2. Strategic Impact and Benefits:

    • Enhanced User Experience: Improves efficiency and effectiveness across event planning and management processes.
    • Customer-Centric Approach: Aligns with Cvent’s commitment to maximizing impact while minimizing user effort.
    • Innovation and Market Leadership: Demonstrates Cvent’s leadership in integrating AI to optimize event and hospitality workflows.
  3. Future Outlook and Implementation Timeline:

    • Expected Launch: Planned rollouts of AI-powered features throughout the year to enhance customer capabilities and competitive advantage.
    • Continued Investment: Commitment to ongoing innovation and development of AI applications to meet evolving customer needs.

Cvent’s AI-powered advancements mark a significant leap forward in event and hospitality technology, promising enhanced efficiency, productivity, and user experience for hotels, venues, and event planners alike. By leveraging AI to automate and streamline critical processes from prospecting to event execution, Cvent reinforces its position as a pioneer in driving innovation across the industry. These new capabilities underscore Cvent’s dedication to empowering its customers with cutting-edge solutions that redefine the future of event management.

Adobe Empowers Teams with AI-Driven Content Creation Innovations at “Design Made Easy” Event

Adobe Empowers Teams with AI-Driven Content Creation Innovations at “Design Made Easy” Event

technology 13 Jun 2024

  • Leading brands and agencies are using Adobe Express to accelerate marketing, HR and sales communications with Adobe’s connected, enterprise-grade apps and Adobe Firefly services and features, fueling user growth

  • Adobe Express is empowering everyone to design anything from anywhere, supercharging employees with Adobe Firefly generative AI for advanced quality, accuracy and variety

  • Built for business, Adobe Express is enabling organizations with access to creative teams’ assets through native integrations to Adobe apps and protecting brands with AI designed to be commercially safe

Adobe (Nasdaq) hosted its “Design Made Easy” event, unveiling powerful AI-driven enhancements within Adobe Express to streamline content creation across enterprises. These innovations leverage Adobe’s robust creative apps and Firefly generative AI, ensuring secure and efficient design workflows.

  1. AI-Powered Features Unveiled:

    • Bulk Create and Generate: Enables rapid production of content variations from text prompts or uploaded data, enhancing workflow efficiency.
    • Custom Models and Reference Images: Allows precise customization of AI outputs to align with brand identity and style guidelines.
    • Locked Templates: Ensures brand consistency by safeguarding design integrity across all created content.
  2. Enterprise Applications and Partnerships:

    • Integration with Microsoft Copilot: Upcoming collaboration to integrate Adobe Express directly into Microsoft 365, facilitating seamless content creation within enterprise workflows.
    • Adobe Express GPT for OpenAI’s ChatGPT: Enhances user experience with expanded AI capabilities for template search and generation.
  3. Customer Success Stories:

    • IBM Consulting: Utilizes Adobe Express to accelerate content creation processes, ensuring commercially safe outputs with Firefly AI.
    • Unilever and Dentsu: Showcase accelerated time-to-market and enhanced content personalization capabilities achieved through Adobe Express.
  4. Future Outlook and Expansion:

    • Adobe GenStudio Integration: Planned integration to extend content lifecycle management capabilities, enabling enhanced reuse and activation of content assets.
    • Ecosystem Growth: Continues to expand through strategic integrations and partnerships, enhancing accessibility and usability for enterprise customers.

Adobe Express’s latest advancements underscore Adobe’s commitment to empowering organizations with AI-driven tools that simplify and secure content creation workflows. By integrating innovative AI capabilities like bulk creation and custom models, Adobe sets a new standard for scalable, on-brand content production across global enterprises. These enhancements reinforce Adobe’s leadership in digital creativity, providing robust solutions that meet the evolving needs of modern business environments.

Fullcast Launches Copilot for RevOps®, Automating Go-to-Market Operations

Fullcast Launches Copilot for RevOps®, Automating Go-to-Market Operations

technology 13 Jun 2024

Copilot empowers revenue operations teams to optimize productivity and adapt swiftly to market changes.

Fullcast introduces Copilot for RevOps®, an innovative addition to its platform designed to revolutionize how organizations manage revenue operations. This automation tool ensures seamless alignment between CRM data and Go-to-Market (GTM) strategies.

  1. Overview of Copilot for RevOps®:

    • Purpose and Functionality: Streamlines GTM operations by automating tasks like territory management, lead routing, and policy enforcement.
    • Impact on Productivity: Reduces manual effort and enhances efficiency in maintaining alignment with GTM plans.
  2. Key Features of Copilot for RevOps®:

    • Automated Rules: Enables creation of rules for common GTM tasks, such as territory auto-balancing and lead routing.
    • Policy-Based Automation: Ensures sales territories remain balanced and responsive to CRM updates using predefined operational policies.
    • CRM Integration: Syncs seamlessly with CRM platforms like Salesforce via Fullcast SmartPlan, facilitating real-time updates to GTM strategies.
  3. Benefits for Organizations:

    • Operational Efficiency: Automates repetitive tasks, allowing teams to focus on strategic initiatives rather than manual updates.
    • Improved Lead Response: Enhances "speed to lead" by enforcing service-level agreements (SLAs) for leads and critical RevOps processes.
  4. Customer Impact and Use Cases:

    • Practical Applications: Illustrates how businesses can leverage Copilot to maintain up-to-date GTM plans amidst organizational changes.
    • Customer Testimonials: Highlights success stories of organizations optimizing GTM efficiency and CRM effectiveness with Copilot.
  5. Future Roadmap and Expansion:

    • Continued Development: Plans for enhancing Copilot with additional automation capabilities and integrations.
    • Market Adoption: Strategies for promoting adoption and maximizing ROI for customers leveraging Copilot for RevOps®.

Fullcast's Copilot for RevOps® represents a significant advancement in automating GTM operations, empowering organizations to achieve greater efficiency and agility in managing their CRM and GTM strategies. By automating tasks like territory management and lead routing, businesses can streamline operations, improve responsiveness, and ensure continuous alignment with their evolving GTM plans. As Fullcast continues to innovate and expand Copilot's capabilities, it reinforces its commitment to helping businesses optimize their revenue operations effectively.

Fox Corporation Expands Dynamic Ad Insertion and Targeting Technology with FreeWheel Partnership

Fox Corporation Expands Dynamic Ad Insertion and Targeting Technology with FreeWheel Partnership

technology 13 Jun 2024

FreeWheel will programmatically enable Tubi, and the entire One FOX portfolio, by serving as the company’s primary monetization engine.

This agreement includes a proprietary integration between FOX’s AdRise and FreeWheel to further drive scale, access and a more simplified path to premium video ad inventory.

Explore how Fox Corporation is leveraging its expanded partnership with FreeWheel to enhance advertising capabilities across its extensive portfolio, including premium live sports content.

Key Points:

  1. Enhanced Dynamic Ad Insertion:

    • Fox utilizes FreeWheel's technology to offer dynamic ad insertion in College Football, enhancing advertiser opportunities to reach engaged audiences during live sports events.
    • Features include contextual signals that enrich ad opportunities based on specific game moments, such as player stats, team information, and game scores.
  2. Co-Developed Targeting Technology:

    • Fox and FreeWheel collaborate on new targeting technology that optimizes ad placements across the One FOX enterprise.
    • This technology allows advertisers to target audiences more effectively during high-attention moments, improving ROI and viewer engagement.
  3. Automation and Ad Transaction Advancements:

    • Fox moves towards automated ad transactions, leveraging FreeWheel's capabilities, including Beeswax, to streamline inventory management and improve efficiency.
    • Focus on protecting and prioritizing viewer experience while maximizing ad effectiveness.
  4. Impact on Advertisers and Viewers:

    • Benefits for advertisers include simplified access to scaled Fox inventory and enhanced audience reach capabilities.
    • Viewers benefit from an optimized viewing experience with relevant ads that complement live sports content.
  5. Long-Term Collaboration and Growth:

    • The partnership builds on FreeWheel's previous role as Fox's primary ad serving partner, emphasizing continued innovation and growth in the premium video advertising space.
    • Future plans include expanding audience-based selling and further integrating advanced ad technologies.

Fox Corporation's expanded partnership with FreeWheel marks a significant step in enhancing advertising capabilities across its diverse portfolio. By leveraging advanced ad insertion and targeting technologies, Fox aims to deliver compelling, engaging content while driving better business results for advertisers in the evolving media landscape.

Taboola Study Reveals Advertisers' Perspectives on Cookie Deprecation and Channel Shifts

Taboola Study Reveals Advertisers' Perspectives on Cookie Deprecation and Channel Shifts

technology 13 Jun 2024

Delve into the findings of Taboola's study conducted by YouGov, focusing on advertisers' perspectives on the impending cookie phaseout and its implications for advertising strategies.

Key Insights:

  1. Preparedness and Response to Cookie Deprecation:

    • Only 25% of advertisers feel completely prepared for the cookie phaseout.
    • 46% of advertisers support Google's decision to delay the phaseout, reflecting uncertainty and concerns among industry stakeholders.
  2. Impact on Advertising Spend and Strategies:

    • 44% of advertisers anticipate reallocating advertising spend to different channels as cookies are phased out.
    • Advertisers are reconsidering their investment strategies to adapt to the changing digital advertising landscape.
  3. Preferred Advertising Channels in a Cookieless World:

    • Search advertising and native advertising are identified as leading channels perceived to offer better performance and return on investment (ROI) in the absence of cookies.
    • Insights into why these channels are favored and their strategic advantages in targeting and engagement.
  4. Study Methodology and Participants:

    • The YouGov study polled 202 decision makers in advertising and marketing from companies with at least 100 employees.
    • Fieldwork conducted online between 3rd - 9th May 2024, providing a snapshot of current industry sentiments and preparedness levels.
  5. Implications and Future Directions:

    • Discuss the broader implications of advertisers' responses and how industry trends may evolve as cookie deprecation progresses.
    • Future considerations for advertisers and strategic recommendations to navigate the cookieless future effectively.

Taboola's study sheds light on advertisers' evolving strategies and responses to cookie deprecation, underscoring the industry's shifting landscape and the imperative for adaptation. As advertisers prepare for a cookieless future, understanding these insights will be crucial in shaping effective advertising strategies and maximizing ROI in the post-cookie era.

Ben Werth Appointed CEO of Semarchy to Drive Growth and Innovation

Ben Werth Appointed CEO of Semarchy to Drive Growth and Innovation

data management 12 Jun 2024

Werth Brings Leadership in Driving Scale and Value Creation

Semarchy, a leader in master data management (MDM) and data integration, has announced the appointment of Ben Werth as its new Chief Executive Officer. Werth's extensive experience in the software industry and private equity positions him well to guide Semarchy through its next phase of growth and innovation.

Key Points

  1. Leadership Transition

    • New CEO: Ben Werth takes the helm as CEO of Semarchy.
    • Experience: Over a decade of leadership in software and private equity.
    • Former Roles: Previous roles at LogicMonitor, Deloitte Consulting, and Vista Equity Partners.
  2. Ben Werth's Vision

    • Focus Areas: Customer value, partner relationships, and business scaling.
    • Market Leadership: Aim to extend Semarchy's market leadership with agile and flexible data management solutions.
    • Customer Needs: Addressing data quality challenges with end-to-end data governance, intelligence, and integration.
  3. Support from PSG

    • Strategic Execution: Werth's experience in scaling high-growth SaaS companies highlighted.
    • Customer Outcomes: Emphasis on customer outcomes and strategic execution.
  4. Transition of Herve Chapron

    • New Role: Transitioning to SVP, Global Sales and GM for EMEA.
    • Perspective: Chapron supports Werth’s appointment, highlighting his passion for customer success.
  5. Recent Innovations

    • Acceleration Toolkit: Launched to help organizations build the business case for MDM.
    • AI-driven Data Intelligence: New solution for enhanced data insights.
    • Gartner Recognition: Recognized as a Customers' Choice in the 2024 Gartner Peer Insights "Voice of the Customer."

Ben Werth's appointment as CEO marks an exciting new chapter for Semarchy. With his leadership, Semarchy is poised to enhance its market position, drive innovation, and continue delivering critical data solutions to its customers.

Permutive Appoints Jay Stevens as Chief Commercial Officer to Drive Advertising Innovation

Permutive Appoints Jay Stevens as Chief Commercial Officer to Drive Advertising Innovation

technology 12 Jun 2024

Permutive, the leading Audience Activation Platform for publishers and advertisers, has appointed Jay Stevens as its new Chief Commercial Officer (CCO). With over two decades of experience in the advertising sector, Stevens' strategic hire marks a significant step for Permutive as it redefines advertising and expands its commercial footprint across the buy side.

Key Points

  1. Strategic Hire

    • New CCO: Jay Stevens joins Permutive to lead commercial activities.
    • Experience: Stevens brings 25 years of advertising sector experience.
    • Previous Roles: Held positions at Hudson MX, Adform, and Rubicon Project.
  2. Responsibilities

    • Scaling Advertiser Side: Stevens tasked with connecting advertising ecosystem stakeholders.
    • Focus Areas: Agency partners, retail networks, and data providers.
  3. Stevens' Vision

    • Excitement: Stevens enthusiastic about joining Permutive during an industry-defining period.
    • Future-Proof Solution: Acknowledges Permutive's audience activation solution as forward-thinking.
    • Team and Ambition: Recognizes Permutive's talented team and their innovative approach.
  4. CEO Perspective

    • Welcoming Stevens: CEO Joe Root expresses excitement about Stevens joining.
    • Signal Loss Solution: Stevens to play a crucial role in solving signal loss and fostering collaboration.
    • Commitment to Innovation: Permutive's ongoing dedication to innovation highlighted.

Jay Stevens' appointment as CCO signifies Permutive's commitment to driving advertising innovation and delivering tangible results for clients and partners. With his wealth of experience and Permutive's forward-thinking approach, the company is poised to lead the way in reimagining advertising in the cookieless world.

Unlocking Marketing Success: The State of Marketing Collaboration

Unlocking Marketing Success: The State of Marketing Collaboration

marketing 12 Jun 2024

While 74% of marketing teams are recognized as strategic partners, more than one in four marketers feel isolated from the rest of their organization.

Meltwater, a global leader in media, social, and consumer intelligence, partnered with The Work Innovation Lab, a think tank by Asana, to unveil the State of Marketing Collaboration report. This comprehensive study sheds light on the current landscape of marketing collaboration, revealing challenges and opportunities for organizations worldwide.

Key Points

  1. Alignment Challenges

    • Only 39% of marketers feel confident in aligning department goals with overall business objectives.
    • Despite being perceived as strategic partners by 74% of organizations, 27% of marketers feel disconnected from the rest of the organization.
  2. Transparency and Collaboration

    • Gaps in transparency, data literacy, and inter-departmental collaboration pose challenges to marketing success.
    • 79% of marketers believe collaboration with other departments enhances the quality of their work.
  3. Data-driven Decision-making

    • While data-driven decision-making is crucial, only 18% of individual contributors understand how their department measures the impact of marketing efforts.
    • 23% of marketers admit their department hasn't fully embraced a data-centric approach.
  4. Role of AI

    • Despite the buzz around AI-powered transformation, adoption remains low.
    • Only 46% of marketers use generative AI weekly, with a mere 15% using it daily.
    • However, online discussions about marketing and AI have surged by 606% year-over-year.
  5. Cross-functional Collaboration

    • Silos between marketing, sales, IT, and R&D hinder innovation and growth.
    • 29% of social media marketers dread collaborating with PR partners, while 62% feel disconnected from the IT department.
  6. Strategic Collaboration

    • Strategic and intentional collaboration, turbocharged with AI, can drive massive growth and impact.
    • Organizations must adopt collaboration platforms to align goals and support cross-functional collaboration.

The State of Marketing Collaboration report highlights the critical need for alignment, transparency, and collaboration within marketing departments and across functions. With AI poised to transform marketing, and strategic collaboration at its core, organizations can overcome challenges and unlock unprecedented growth and impact.

   

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