The CDP Institute (CDPI) is basically THE body providing key resources for organizations that are researching Customer Data Platforms. As a vendor-neutral organization, its main aim is to act as an authority on customer data management and distribute materials or news that will help marketers to make the best use of their data. Every year the CDPI member survey is sent out in an effort to better understand the CDP buyers’ needs around customer data management.

For those that want to read the full CDP Institute Member Survey 2020 report, you can access it here, or for a summary of the key findings from the report, alongside commentary from Anthony Botibol (BlueVenn's VP of Marketing and CDP Institute Advisory Board member), read on:

A Customer Data Platform has the potential to revolutionize your business by ingesting data from each one of your marketing platforms, unifying it to create a single source of truth for customer data, then using that information to power marketing campaigns for better prediction, targeting and personalization. But the decision to build or buy a CDP isn’t one that any company should take lightly, as it will have repercussions throughout your brand for months, or even years, to come. It will affect the setup time before you can start benefiting from your new technology, it will affect the costs you’ll need to factor into the budget, and it will have lasting impact on your ability to compete in what, at the moment, is a very turbulent and uncertain market.

Confused about Customer Data Platforms (CDP) and how they can benefit your marketing strategies and campaigns? Well, you’re not alone! A new Winterberry Group report holds the answers you need. It clarifies what should be regarded as the core capabilities of a CDP, which capabilities are ‘nice to have’, and what strengths are exhibited by various categories of the technology. It also gives an overview of the market and where it’s headed.

Learn more about what defines a CDP in the extract below, or download the full report here.

According to Winterberry Group’s analysis, the capabilities of BlueVenn’s CDP are industry leading; report provides clarity as to what core capabilities a CDP should have and how they deliver best value to marketers