Snowflake platform data from 8,100 customers reveals how marketing teams are building their marketing data stacks
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), the Data Cloud company, today released its Modern Marketing Data Stack 2023: How Data-Forward Marketers Are Redefining Strategies to Unify, Analyze, and Activate Data to Boost Revenue report.
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The 2023 Snowflake Modern Marketing Data Stack (Graphic: Business Wire)
Snowflake’s data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers are leveraging the Snowflake Data Cloud with accompanying partner solutions – 40+ of which are Powered by Snowflake – to best identify, convert, and deliver differentiated experiences to loyal customers.
By analyzing usage patterns from a pool of approximately 8,100 customers as of April 2023, Snowflake identified ten technology categories that organizations consider when building their marketing data stacks. The extensive research reflects how customers are adopting solutions from a rapidly changing ecosystem and highlights the convergence of adtech and martech, the increased importance of privacy-enhancing technologies, and the heightened focus marketers have on measurement to maximize campaign ROI.
The ten categories detailed in the report include: Analytics & Data Capture, Enrichment, Identity & Onboarders, Customer Data Activation, Advertising Platforms, Measurement & Attribution, Integration & Modeling, Business Intelligence, AI & Machine Learning, and Privacy-Enhancing Technologies.
“Despite navigating macro-economic pressures and decreased budgets, it's an exciting time for marketers given the pace of technology innovation and the forthcoming impact of AI and LLMs to disrupt, automate, and enhance the productivity of marketing teams," said Denise Persson, Chief Marketing Officer at Snowflake. "Our Modern Marketing Data Stack report highlights the best tools and solutions available to marketers so that teams can supercharge their ability to execute and drive results."
Snowflake analyzed marketing trends from customers engaging with the companies named as leaders across our ten categories. Key findings include:
The full report and methodology can be found here.
About Snowflake
Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, power data applications, and execute diverse AI/ML and analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries, including 639 of the 2023 Forbes Global 2000 (G2K) as of July 31, 2023, use Snowflake Data Cloud to power their businesses. Learn more at snowflake.com.
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John Brunopress@snowflake.com
Source: Snowflake Inc.