Customer data platform providers will generate $6 billion globally by 2027

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Customer data platforms (CDPs) help to deliver personalized experiences across brand touch points. A new study by Juniper Research has found that customer data platform providers will generate $6 billion globally by 2027, rising from $1.7 billion in 2022; representing a growth of 250%. The introduction of AI-based services will be key to unifying multiple data sources on a single platform; reducing siloed data and centralising enterprise access to customer data. Customer data platforms are used to gain insight into customer preferences through collecting and extrapolating data on transactions, browsing history and other online information. Customer expectations continue to rise as purchasing journeys become increasingly digital and industry leaders raise the bar for compelling customer experiences. E-commerce already accounts for 42% of all B2B purchases today, and it is predicted to add another 15% to its growth in terms of sales by 2023. To compete, companies must create more dynamic, personalized experiences throughout the customer lifecycle by quickly converting user data into insights. Customer data management, analytics, and audience creation solutions help organizations address business priorities by creating superior customer experiences.

In the age of the customer, businesses focus everything they do on what their customers value most, including creating a compelling and consistent customer experience. The most valuable capabilities of current toolsets — for customer data management, analytics, and audience creation strategies — are creating a single view of the customer and improving data management. The research says there are urges for the customer data platforms to increase the breadth of integrations with third‑party vendors, such as relationship management platforms, for greater access to user data. It highlighted the ability of customer data platforms to merge different data sources using AI as critical to unlocking more granular user insig.

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    Customer data platforms (CDPs) help to deliver personalized experiences across brand touch points. A new study by Juniper Research has found that customer data platform providers will generate $6 billion globally by 2027, rising from $1.7 billion in 2022; representing a growth of 250%. The introduction of AI-based services will be key to unifying multiple data sources on a single platform; reducing siloed data and centralising enterprise access to customer data. Customer data platforms are used to gain insight into customer preferences through collecting and extrapolating data on transactions, browsing history and other online information. Customer expectations continue to rise as purchasing journeys become increasingly digital and industry leaders raise the bar for compelling customer experiences. E-commerce already accounts for 42% of all B2B purchases today, and it is predicted to add another 15% to its growth in terms of sales by 2023. To compete, companies must create more dynamic, personalized experiences throughout the customer lifecycle by quickly converting user data into insights. Customer data management, analytics, and audience creation solutions help organizations address business priorities by creating superior customer experiences.

    In the age of the customer, businesses focus everything they do on what their customers value most, including creating a compelling and consistent customer experience. The most valuable capabilities of current toolsets — for customer data management, analytics, and audience creation strategies — are creating a single view of the customer and improving data management. The research says there are urges for the customer data platforms to increase the breadth of integrations with third‑party vendors, such as relationship management platforms, for greater access to user data. It highlighted the ability of customer data platforms to merge different data sources using AI as critical to unlocking more granular user insig

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  • Watch IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker Video
    IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

    IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

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    IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

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    Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????

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    Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????

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  • Watch IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker Video
    IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

    IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

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  • Watch IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker Video
    IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

    IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker

    Sports video | 1340 views

  • Watch IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker Video
    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

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