Rocket Fuel Predicts the Expansion of AI-Powered Platforms Beyond Mere Campaign Vehicles
August 24 2017 - 9:00AM
Business Wire
The Rocket Fuel Institute Releases Research And
Predictions For The Future Of Marketing Platforms
The Rocket Fuel Institute (RFI), the research division of
leading predictive marketing platform company Rocket Fuel (NASDAQ:
FUEL), today released its predictions for the future of marketing
platforms. Through a thorough investigation of the maturation of
marketing technologies, the RFI found that platforms will not
remain merely vehicles for expediting marketing campaigns. Instead,
platforms -- particularly AI-powered platforms -- will take on a
more robust role within the digital advertising world, becoming
fundamental for understanding one’s audience, creating a full
funnel journey of consumers and buyers, better optimizing creative
and deploying marketing assets across channels.
Marketing platforms are in a state of evolution. In addition to
increased industry consolidation, technologies such as machine
learning and new media channels like VR are creeping into the mix.
This requires a different way of managing not only a platform, but
also the entire media mix to help brands and advertisers reach
consumers authentically at a scale and a velocity unimaginable just
a few years ago.
“With so much consolidation in the digital advertising space
right now, it’s imperative more now than ever that platforms look
to the future and evaluate how their strategies and capabilities
can mature as technology and consumer expectations evolve,” said
Nikos Acuña, Managing Director of Rocket Fuel Institute. “The
platforms that will survive and power the next generation of
marketing will be those that enhance consumer experiences,
facilitate data governance and first-party data integration, enable
AI-to-AI communication, and prepare for the channels of the
future.”
The RFI took a closer look at these factors and concluded
that:
- AI will help make sense of data and
increase processing power. The future of platforms will rely on AI
connecting to other AI to solve problems and in multiple forms of
marketing intelligence to process and optimize our
information.
- Customer experiences will continue to
be important and influence the way that people make purchases, with
expectations around experiences remaining high and even increasing.
Platforms will have to be able to solve for experiences, both
positive and negative.
- For a platform to master customer
experience, it will need to harness and govern customer data
appropriately, which requires data volume plus processing velocity
to work together. In the same regard, the quality of data will also
trump quantity. Marketers will soon be able to join any number of
platforms together to combine data to reach these high degrees of
volume and velocity.
- Platforms must begin building the
capabilities to work across new marketing channels like augmented
reality (AR) and virtual reality. It will be imperative not waiting
until these technologies reach maturity.
The Rocket Fuel Institute releases industry reports,
foundational research studies, and thought leadership monthly. To
learn more about the Rocket Fuel Institute and download a free copy
of the complete Future of Platforms research paper, visit
https://institute.rocketfuel.com/.
About Rocket Fuel Institute
Founded in 2016, the Rocket Fuel Institute is a research
initiative dedicated to the transformative field of artificial
intelligence in digital marketing. Aiming to collaborate with
brands, agencies, and other organizations across the globe, we
conduct research and drive the adoption and commercialization of AI
technologies for marketing and customer experience transformation.
Our goals are to: 1) be a leading center for AI marketing research;
2) discover the underlying patterns that enhance customer
experiences; and 3) explore how exponential digital trends impact
business transformation.
About Rocket Fuel
Rocket Fuel is a predictive marketing software company that uses
artificial intelligence to empower agencies and marketers to
anticipate people’s need for products and services.
Headquartered in Redwood City, Calif., Rocket Fuel has more than
20 offices worldwide and trades on the NASDAQ Global Select Market
under the ticker symbol “FUEL.” Rocket Fuel, the Rocket Fuel logo,
Moment Scoring, Advertising That Learns and Marketing That Learns
are trademarks or registered trademarks of Rocket Fuel Inc. in the
United States and other countries.
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version on businesswire.com: http://www.businesswire.com/news/home/20170824005374/en/
Rocket FuelPaige F. MacGregor, 917-848-3584Sr. Manager,
PRpmacgregor@rocketfuelinc.com
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