Home Data Oracle Adds Machine Learning Capabilities To Its CDP

Oracle Adds Machine Learning Capabilities To Its CDP

SHARE:
Oracle is sprucing up its customer data platform, CX Unity, with a little machine learning.

Oracle is sprucing up its customer data platform, CX Unity, with a little machine learning.

The platform will now support real-time behavioral data collection and personalization capabilities through Infinity, Oracle’s digital streaming technology. Infinity captures web event, app and point-of-sale data to help brands build realistic representations of the customer journey.

That previously required repeated and rigorous A/B testing, said Rob Tarkoff, EVP and general manager of Oracle Cloud CX and Oracle Data Cloud.

“But by applying machine learning to that, you can come up with predictions and insights based on a holistic set of data, and it doesn’t require you to do one-off activities,” he said.

Marketers can use ML in this context to anticipate the best possible discount to offer at the beginning of a conversation with a customer, for example, or to reduce the number of touches required for a sale.

CX Unity launched in 2018, right around the time Salesforce and Adobe started ginning up their own CDPs. The marketing clouds have gone big on CDPs after a slow start and initial skepticism about the need for CDP technology.

But Oracle differentiates itself with what Tarkoff calls “a true one-platform story” – as opposed to “the fake news we hear from some of our competitors who only like to talk about a single platform.”

Take Salesforce, he said. Einstein, the AI layer within Salesforce’s platform, is built on Amazon Web Services; ExactTarget runs on Azure; and other parts of Salesforce are built on Salesforce’s own proprietary stack. But Oracle weaves AI into its offerings consistently across platforms, including its CDP, Tarkoff said.

“Our ambition, and a big one for Larry [Ellison], is to have a single platform orientation and to automate and engineer the front office processes as much as the backend office processes,” he said.

What that means in practice is capturing and applying signals regardless of where they come from.

Field service is a good example. Last year, Oracle introduced a Service Logistics Cloud that helps service departments collaborate, share data and manage their supply chains. Through a combination of Service Logistics and CX Unity, it would be possible to send a signal to a field technician if they need to reroute their schedule because a part they need for a job isn’t available until later in the day.

“While we do all of the marketing use cases that traditional CDPs are expected to do, like campaign suppression, personalization and real-time segmentation,” Tarkoff said, “our view is that customer intelligence expands way beyond marketing.”

Tagged in:

Must Read

Benoit Vatere, chief media & digital commerce officer, Liquid Death

Murder Your Thirst And Measure Everything

Liquid Death is all jokes and dark humor on the surface, but the canned water brand’s chief media and digital commerce officer, Benoit Vatere, takes measurement deadly seriously. He’s tackling one of the gnarliest problems in CPG: proving that media actually moves product off the shelves.

The Trade Desk’s Revenue Growth Stalls As Big Brands Tighten Their Belts

“Our revenue growth is below our expectations and below the standard we hold ourselves to,” The Trade Desk CEO Jeff Green told investors.

Comic: Measuremints

Nielsen Is Acquiring DoubleVerify For $2.15 Billion

On Thursday, Nielsen entered into a definitive agreement to acquire DoubleVerify in an all cash transaction valued at approximately $2.15 billion.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

WBD Hopes To Buoy Linear TV Long Enough For Streaming To Find Its Way

Warner Bros. Discovery cited softer ad sales growth and the continued decline of linear TV as its reasons for missing investor expectations in Q2. Unsurprisingly, streaming ads are the biggest bright spot on WBD’s earnings report card.

Comic: The Mobile Freight Train

AppLovin Asks For Patience As It Grows Its Ecommerce And Consumer Ads Business

“We’re deemed a new bucket, so a testing category,” AppLovin CEO told investors regarding its nascent consumer and ecommerce ads business. “And to graduate up takes time. This stuff compounds over quarters and years.”

Magnite Doesn’t Want To Be A DSP. It Just Wants To Own The Decisioning Layer

On Wednesday, Magnite CEO Michael Barrett painted a picture of a company that’s edging into the buy side by adding more DSP-style capabilities for planning and activation.