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New Oracle Data Cloud and Data-as-a-Service Offerings Redefine Data-Driven Enterprise
Published Jul 24, 2014
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News Summary
In the digital economy, data fuels companies’ ability to create new products and services. This proliferation of social channels, mobile devices, and sensor-enabled technologies, in conjunction with the unbundling of data from applications, creates new opportunities for innovative companies to gain competitive advantage through the use of data. Once limited to their internal data, enterprises can now gain valuable business insights by adding external data sources to enhance customer experience and operational efficiency. Today, Oracle announced it is combining its BlueKai Audience Data Marketplace and other Oracle data services to create Oracle Data Cloud, a platform that provides customers access to world-class data-as-a-service (DaaS) offerings, including Oracle Data as a Service for Marketing (Oracle DaaS for Marketing) and Oracle Data as a Service for Social (Oracle DaaS for Social).
News Facts
To help business users drive smarter, more informed decisions across the enterprise, Oracle today announced Oracle Data Cloud and two new DaaS offerings, Oracle DaaS for Marketing and Oracle DaaS for Social.
Oracle Data Cloud is a DaaS platform that includes Oracle’s leading data products and the newly acquired BlueKai Audience Data Marketplace, offering customers trusted solutions for leveraging external data for marketing and social.
Oracle DaaS for Marketing, available in a new subscription model, gives marketers access to a vast and diverse array of anonymous user-level data across offline, online, and mobile data sources. Data is gathered from trusted and validated sources to support privacy and security compliance.
Oracle DaaS for Social, now in limited availability, delivers categorization and enrichment of unstructured social and enterprise data, providing unprecedented intelligence on customers, competitors, and market trends.
With the Oracle DaaS offerings, customers can connect and inform smarter actions across their enterprise with external data sources bundled with the commercial, compliance, and privacy rights required for usage. The combination of external and internal data sources can also be used for deeper analytics and modeling.
ID and addressability mapping to link various customer attributes such as e-mail, social handles, phone numbers, third-party cookies, and mobile identifiers across channels to build a centralized actionable profile.
Oracle Data as a Service: More Data, More Insights:
· Oracle DaaS offerings provide data ingestion, value extraction, rights management, and data activation services to drive enhanced insights for marketing, sales, and service teams.
· Additionally, Oracle DaaS offerings give enterprises enhanced flexibility, with the ability to plug into applications as well as into other Oracle Cloud platforms.
· Oracle DaaS for Marketing helps organizations enhance the cross-channel customer experience through targeted marketing engagement that unifies customer and audience intelligence across the enterprise
§ With access to more than 1 billion profiles globally, Oracle DaaS for Marketing is the world’s largest data marketplace. It gives organizations the ability to prospect at scale and deliver relevant ads and content across online, mobile, search, social, and video.
§ Additionally, Oracle DaaS for Marketing gives marketers access to the industry’s largest ecosystem of more than 300 data and activation partners for online, mobile, search, and social marketing action.
· Oracle DaaS for Social helps enterprises benefit from the vast pool of data generated across social platforms and enriches unstructured social and enterprise data. The insight Oracle DaaS for Social provides by applying its sophisticated text processing on raw text from public and private sources can be combined with other structured data to offer powerful business intelligence.
§ Oracle DaaS for Social derives insights from more than 700 million social messages daily, across more than 40 million social media and news data sites.
§ Oracle DaaS for Social applies powerful text analysis to extract the meaning and context of the content, empowering enterprises to take appropriate actions on insights from massive amounts of unstructured data.
Supporting Quotes:
· “Unbundling data from SaaS applications has enhanced a business user’s ability to activate insights gleaned from external data sources, leading to more engaging and personalized customer experiences,” said Omar Tawakol, general manager and group vice president, Oracle Data Cloud. “The Oracle Data Cloud brings together a best-in-class data platform with the world’s largest data marketplace to drive smarter decisions for marketing and social, and it will eventually include other enterprise functions such as sales and service.”
· “IDC sees data as a service as an emerging category that addresses the needs of businesses in real-time to tap into a wide array of external data sources and optimize the results to drive unique insights and informed action,” said Robert Mahowald, vice president, SaaS & Cloud Software, IDC. “Oracle Data as a Service is addressing this need with a suite of data solutions that focus on scale, data portability, and security that help customers gain a competitive advantage through the use of data.”
· “With Oracle’s comprehensive and distinctive framework of data ingestion, value extraction, rights management, and data activation, Oracle Data Cloud can help enterprises across multiple industries and channels generate competitive advantage through the use of data,” said Tom Pringle, practice leader for Information Management, Ovum.
· “With the proliferation of devices and new technologies, businesses have their hands on an immeasurable amount of data. At Datalogix, we understand the power this information has in delivering meaningful results for marketers and how to leverage this power of purchase-based audience targeting to drive measurable online and offline sales,” said Eric Roza, chief executive officer, Datalogix. “Together, with Oracle Data Cloud, we’re bringing real targeting and accountability into the digital space.”
· "Data will continue to be the currency of the internet, and we’ve only scratched the surface of what is possible in data-driven marketing. We look forward to our continued relationship with Oracle and their data services for marketing to help our clients target anything, measure everything—and most importantly, power a better internet,” said Jeff Green, CEO, The Trade Desk.
· "Our clients are faced with massive amounts of data in traditional CRM, digital and social channels and it is our mission to guide them in finding unique insights across this sea of structured and unstructured worlds of data, says Jason Kodish, senior vice president of Strategy and Analysis at DigitasLBi. ”Oracle Data as a Service allows one to manage the complexity of data adoption and provides key solutions to inform today's businesses."
Posted by
VMD - [Virtual Marketing Department]
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