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Know Your Audience: Innovation Built on Big Data Joe Reid, MD Europe IT Innovation Day - September 2014 © 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Keynote Joe Reid IT Innovation Day 2014

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Page 1: Keynote Joe Reid IT Innovation Day 2014

Know Your Audience:

Innovation Built on Big Data

Joe Reid, MD Europe

IT Innovation Day - September 2014

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 2: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital2

Krux Background

HistoryFounded in 2010, HQ in San Francisco, offices in Boston, London, New York City, Singapore, and Sydney

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

MissionTo improve marketing

effectiveness, engagement,

and the consumer

experience through the

efficient, policy controlled,

and responsible use of

data.

2Bpeople devices

5PB analytic environment on-demand

80%of connected web

100Bimpressions

Page 3: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital3

Page 4: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital4

Data Innovation Begins with One Simple Cultural Decision

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 5: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital5

And for the MS competitors in the room…

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 6: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital6

The Influential Role of IT – Anticipating the Big DATA

Needs of your Costumers

Think about your role in the application of Bayes Theorem – the ability to

associate the past with the current, and future

Be the guide posts to enable your peers to think probabilistically and drive

your businesses forward

The secret to working with data is to try, and err.

Make the data available dynamic and actionable

Provide tools to harness the intersection of the objective and subjective

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 7: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital7

Page 8: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital8

Consumers are increasingly complex and dynamic

and can’t be put in to basic segments (anymore)

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 9: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital9

People data is coreNeed to communicate directly and personally with people

“I want it

PERFECT!”

“I want it NOW!”

“I want it PERSONAL!”

Page 10: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital10

Marketing in the new world order…

Mobile

App

Location

Content

(Owned)

App

Web

Social (Earned)

Twitter

Facebook

Pinterest

Offline

Sales

Registration

ERPCRM

TV

Coupons

Online

Influencer identification

& engagement

Media (Paid)

Set Top Box

Browser

Search

Blogs

In-Store

… is about capturing and harnessing people data to power smarter,

more personal experiences

Page 11: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital11 @Kruxdigital11 M

Getting a single view of the customer is improving but

still needs attention

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 12: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital12

Everyone now need to do more with less

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

89% 76%

No Change in Budget

or ResourcesNew

Responsibilities

Source: Forrester/Business Marketing Association May 2013 Global Marketing Online Survey

Page 13: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital13

IT budgets and decisions are shifting

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

37%

• 37% of total technology spend outside

of IT control

• 69% of business unit leaders believe

they can make better, faster

department technology decisions when

IT is NOT involved

• 79% of C-level executives believe they

can make technology decisions better

and faster than IT staff

Avanade: Global Survey: What’s creating tension between IT and business leaders – April 2014

Page 14: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital14 @Kruxdigital14 M© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 15: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital15

IBM Global CMO Survey

The technology problem

71% CMOs say they don’t have the

tools needed to master data driven

marketing.

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 16: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital16

In the Data Era, DMPs are the control center

and IT can lead the charge

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Data Management

• CRM Data

Marketers

• Purchase Data

• Loyalty Data

• Campaign Data

• Website Data

• Subscription

Data

• Registration

Data

• Website

Data

Personalized engagement

Actionable customer

insightsHigher ROI on marketing

Outside Systems &

Partners

Page 17: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital17

A flexible solution that spans all data inputs &

execution channels

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Online &

Mobile Data Data Protection

Privacy Settings2nd Party

Partner Data

3rd Party Data

Providers

Campaign &

Outbound

Consumer

Behavior, Intent,

Interest, &

Engagement

Segmentation & Discovery

Cross-Channel Campaign

Analytics

Direct Buys

Programmatic

Buying/Selling

Social

Cross-Channel

Controls

Actionable

Segments

Search

Page 18: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital18 @Kruxdigital18 M

Case Study: Eliminating Marketing Waste

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

30% of Impressions in desired frequency

30% Impressions over exposed

CHALLENGE

Major brand marketer runs across more than 20+ media and programmatic channels every month

Severe audience duplication

No global control mechanism to optimize frequency effectively

SOLUTION

Globally managed frequency using Krux

Improved ROI: By optimizing under-performing partners & audiences

Reduced Media Waste: Identified media execution partners with problems

Saved Operational Cost: By eliminating over-saturation on a per-user basis

Target Frequency

Reducing Waste by 240% - less than 3%

overage

Overage

Page 19: Keynote Joe Reid IT Innovation Day 2014

@Kruxdigital1919

Questions?

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com

Page 20: Keynote Joe Reid IT Innovation Day 2014

ThanksJoe Reid, MD Europe

IT Innovation Day - September 2014

© 2014, all rights reserved | Proprietary & Confidential, Krux Digital Inc. | Not for distribution. | krux.com