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Keynote Analysis | Adobe Summit 2019


 

>> Live from Las Vegas. It's the queue covering Adobe Summit twenty nineteen brought to you >> by Adobe. >> Well, Brian, welcome to the Cube Lives Conversations here. Recovering Adobe summat twenty nineteen in Las Vegas. I'm tougher with Jeff Frick co hosting for the next two days wall to wall coverage around Adobe Summit, a company that is transformed from some making software to being a full blown cloud and data provider. Changing the user experience That's our Kino revue. Jeff, this morning was the keynote. The CEO Sean Tom knew no. Ryan took over in two thousand seven. Bruce Chizen Cube alumni, right. What a transformation. They actually did it. They kind of kept down low. But over those years absolutely changed the face of Adobe. We're seeing it now with a slew of acquisitions. Now seventeen thousand people attending this conference. This is kind of interesting story, your thoughts >> a lot of interesting stuff going on here, John and I think fundamentally they they took the risk right. They change your business from a by a news buying new license every year for eight hundred bucks. Nine hundred bucks, whatever used to be for Creative Cloud to go to an online model. And I think what was interesting about what Johnson, who said, is when you are when you're collecting money monthly, you have to deliver value monthly. And it completely changed the way that they paste their company the way they deliver products the way their product development works. And they moved to as we talked about all the time, instead of a sample of data that's old and making decisions. Now you can make decisions based on real time data in the way people are actually using the product. And so they've driven that transformation. And then now, by putting your whole sweet and with these gargantuan acquisitions of Mar Keto, now they're helping their customers really make that transition to a really time dynamic, digitally driven, data driven enterprise to drive this customer experience. >> It's interesting. Adobes, transformations, realist, legit It happened. It's happening. It's interesting, Jeff, you and I both live in Palo Alto, and I was looking through my Lincoln and my Facebook. There's literally dozens of friends and your colleagues over the years that I've interfaced with that all work at Adobe but feed all the acquisitions. They've built quite a huge company, and they brought a different set of experiences, and this is the to be the big story. That hasn't been told yet. Adobe again. This our first time covering Adobe Summit and excited to be here and continue to cover this. But here's what's going on That's really important. They transformed and are continuing Transformer. They did it in a way that was clever, smart and very predictive in their mind. They took a slow, slow approach to getting it right, and we heard the CEO talk about this. They had an old software model that was too slow. They want to attract the next generation of users, and they wanted to reimagine their product and the ecosystem changed their business model and change their engagement with customers. Very targeted in its approach, very specific to their business model. And their goals were innovate faster, moved to the cloud moved to a subscription based business model. But that's not it. Here the story is, the data equation was some kind of nuances in the keynote, like we didn't get the data right. Initially, we got cloud right, but data is super important, and then they got it right, and that's the big story. Here is the data driven and this is the playbook. I mean, you can almost substitute Adobe for your company. If someone's looking to do Tracy, pick your spots, execute, don't just talk about >> it, right? Right? Yeah. They call it the DDO in the data driven operating model, and he pulled up the dash board with some fake data talked about The management team runs off of this data, and when you know it's everything from marketing spend and direct campaigns and where people are sampling, there was a large conversation, too, about the buyer journey. But to me, the most important part is the buying act is not the end of the story, right. You want to continue to engage with that customer wherever and however, and whenever they want you. There was an interesting stat that came out during the keynote, where you know the more platforms your customer engages with you, the much higher the likelihood that they're goingto that they're going to renew, that they're going to retain so to me. I think you know, we talk a lot about community and engagement and this experience concept where the product is a piece of the puzzle, but it's not. It's not the most important piece that might be the piece Well, what she experiences built around, but it's It's just a simple piece. I think the guy from Best Buy was phenomenal. The story, the transformation, that company. But they want to be your trusted. A provider of all these services of two hundred dollars a year. They'LL come take care of everything in your home so you know they don't just want to ship a box. Say, say goodbye. They want to stay. >> Well, let's talk. Let's talk about that use case. I think the best bike Kino Best Buy was on the Kino with CEO. But I think that what I what? I was teasing out of that interview and you just brought it up. I want to expand on that They actually had massive competition from Amazon. So you think, Oh my God, they're going to be out of business? No, they match the price. They took price off the table so they don't lose their customers who want to buy it on Amazon. You can still come in the story of experience, right? They shifted the game to their advantage where they said, we're not going to be a product sales company. We're going to sell whatever the client want customers want and match Amazons pricing and then provide that level of personalization. That then brought up the keys CEOs personalization piece, which I'd like to get your thoughts on because you made a stat around their emails, right, he said, Quote personalization at scale, Right? That's what they're >> that's that they're doing right? And he talked about, you know, they used to do an e mail blast and it was an email blast. Now they have forty million versions of that e mail that go out forty million version. So it is this kind of personalization at scale. And you know, the three sixty view of the customer has been thrown around. We could go in the archives. We've been talking about that forever. But it seems that now you know the technology is finally getting to where, where needs to be. The cloud based architectures allow people to engage in this Army Channel way that they could never do it before. And you're seeing As you said, the most important thing is a data architecture that can pull from disparate sources they talked about in the Kenya. The show does they actually built their customer profile as the person was engaging with the website as they gave more information so that they can customize all this stuff for that person. Of course, then they always mentioned, But don't be creepy about it. I >> don't have too >> far so really delivering this mask mask, personalization at scale. >> I think one of the lessons that's coming out a lot of our interviews in the Cube is Get the cloud equation right first, then the data one. And I think Adobe validates that here in my mind when it continue investigating, report that dynamic the hard news. Jeff The show was Adobe Cloud experiences generally available, and I thought that was pretty interesting. They have a multiple clouds because a member they bought Magenta and Marquette on a variety of other acquisitions. So they have a full on advertising cloud analytics, cloud marketing cloud and a commerce cloud. And underneath those key cloud elements, they have Adobe, sensi and Adobe Experience platform, and we have a couple of night coming on to talk about that, and that's making up. They're kind of the new new platform. Cloud platforms experience Cloud. They're calling it, but the CEO at Incheon quote. I want to get your reaction to that. This, he said, quote people by experiences, not products. That's why they're calling it the experience cloud. I hear you in the office all the time talking about this, Jeff. So it's about to experience the product anymore, >> right? It is the passion that you can build around a community in that experience. My favorite examples from the old days is Harley Davidson. How many people would give you know they're left pinkie toe, have their customers tattoo their brand on their body? Right in The Harley Davidson brand is a very special, a special connotation, and the people that associate with that really feel like a part of a community. The other piece of it is the ecosystem. They talk about ecosystem of developers and open source. If you can get other people building their business on the back of your platform again, it's just deepens the hook of engagements that opens up your innovation cycle. And I think it's such a winning formula, John, that we see over and over again. Nobody can do by themselves. Nobody's got all the smartest people in the room, so get unengaged community. Get unengaged, developer ecosystem, more talk of developers and really open it up and let the creativity of your whole community drive the engagement and the experience. >> We will be following the personalization of scale Cube alumni former keep alumni who is not at the show. I wanted to get opinion. Satya Krishna Swami. He's head of persuasion. Adobe had pinned them on linked him. We'LL get him on the Cuban studio so keep on, we're going to follow that story. I think that's huge. This notion of personalization of scale is key, and that brings us to the next big news. The next big news was from our friend former CEO of Marquette. Oh, Steve Lucas. Keep alumni. They launched a account based experience initiative with Adobe, Microsoft and Lincoln, and I find that very interesting. And I'd start with Ron Miller TechCrunch on Twitter about this. Lincoln's involved, but they're keeping in Lincoln again. The problem of data is you have these silos, but you have to figure out how to make it work. So I'm really curious to see how that works, so that brings up that. But I think Steve Lucas it was it was very aggressive on stage, but he brought up a point that I want to get your thoughts on, He said. Were B to B company, but we're doing B to seeing metrics the numbers that they were doing at Marquette. Oh, we're in the B to see rain. So is this notion of B to B B to see kind of blurring? I mean, everyone is a B to C company these days. If everything's direct to consumer, which essentially what cloud is, it's a B to see. >> Yeah, well, it's interesting records. We've talked about the consumer ization of again. Check the tapes for years and years and years, and the expectations of our engagement with applications is driven by how we interact with Amazon. How we interact with Facebook, how we interact with these big platforms. And so you're seeing it more and more. The thing that we talked about in studio the other day with Guy is that now, too, you have all these connected devices, so no longer is distribution. This this buffer between the manufacturing, the ultimate consumer, their products. Now they're all connected. Now they phone home. Now the Tesla's says, Hey, people are breaking in the back window. Let's reconfigure the software tohave a security system that we didn't have yesterday that wasn't on our road map. But people want, and now we have it today. So I think Steve's perception is right on. The other thing is that you know, there's so much information out there. So how do you add value when that person finally visits you in their journey? And let's face it, most of the time, a predominant portion of their engagement is going to be Elektronik, right? They're going to fill out a form. They're going to explore things. How are you collecting that data? How are you magic? How are you moving them along? Not only to the purchase but again, is that it was like to say, is never the orders, the reorder in this ongoing engagement. >> And that's their journey. They want to have this whole life cycle of customer experience. But the thing that that got that caught me off guard by McKeen against first time I went satin Aquino for an adobe on event was with me. All these parts coming together with the platform. This is a cloud show. Let's plain and simple. This is Cloud Technologies, the data show we've gone to all the cloud shows Amazon, Google, Microsoft, you name it CNC Athletics Foundation. This is a show about the application of being creative in a variety of use cases. But the underpinnings of the conversations are all cloud >> right, And they had, you know, to show their their commitments of data and the data message right? They had another cube alumni on Jewell of police have rounded to dupe some it all the time, and she talked about the data architecture and again, some really interesting facts goes right to cloud, she said. You know, most people, if you don't have cloud's been too much time baby sitting your architecture, baby sitting your infrastructure Get out of the way Let the cloud babe sit your infrastructure and talk. And she talked about a modern big data pipe, and she's been involved with Duke. She's been involved with Spark has been involved in all this progression, and she said, You know, every engagement creates more data. So how are you collecting that data? How are you analyzing that data and how are you doing it in real time with new real time so you could actually act on it. So it's It's very much kind of pulling together many of the scenes that we've uncovered >> in the last two parts of a Kino wass. You had a CEO discussion between Cynthia Stoddard and >> Atticus Atticus, other kind. Both of them >> run into it again. Both big Amazon customs, by the way, who have been very successful with the cloud. Then you had and you're talking engineering, that's all. They're my takeaway from the CEO. One chef I want to get your thoughts on because it can be long in the tooth, sometimes the CEO conversation. But they highlighted that cloud journey is is there for Adobe Inn into it? But the data is has to be integrated, totally felt like data. Variables come out the commonality of date, and she mentioned three or four other things. And then they made a point and said, quote data architectures are valuable for the experience and the workload. This is critical with hearing us over and over again. The date is not about which cloud you're using. It's about what the workload, right, right? The workloads are determining cloud selection, so if you need one cloud. That's good. You need to write. It's all depending on the workload, not some predetermined risk management. Multi cloud procurement decision. This is a big shift. This is going to change the game in the landscape because that changes how people buy and that is going to be radical. And I think they're they're adobes right on the right wave. Here they're focusing on the user experience, customer experience, building the platform for the needs of the experience. I think it's very clever. I think it's a brilliant architecture. >> Yeah, she said that the data archive data strategy lagged. Right? The reporting lag. They're trying to do this ddo m >> um, >> they didn't have commonality of data. They didn't have really a date. Architecture's so again. You can't build the house unless you put in the rebar. You build the foundation, you get some cement. But once you get that, that enabled you to build something big and something beautiful, and you've got to pay attention. But really, we talk about data driven. We talk about real time data, they're executing it and really forcing themselves by moving into the subscription business model. >> Alright, Final question I want to get one more thought from you before I weigh in on my my answer to my question, which is What do you mean your opinion? What was the most important story that came out of the keynote one or two >> or well or again? You know, John, I was in the TV business for years and years before getting into tech, and I know the best buy story on what came before them and what came before them and what came before them. So what really impressed me was the digital transformation story that the CEO shared first, to basically try to get even with their number one competitors with which was Amazon in terms of pricing and delivery. And then really rethink who they are Is a company around using technology to improve people's lives. They happen to play in laundry. They play in kitchen, they play in home entertainment. They play in computers and education, so they have a broad footprint and to really refocus. And as he said, To be successful, you need to align your corporate strategy and mission with people's strategy and mission. Sounds like they've been very successful in that and they continue to change the company. >> I agree. And I would just kind of level it up and say the top story, in my opinion, wass the fact that Adobe is winning their innovating. If you look at who's on stage like best buy into it, the people around them are actually executing with Cloud with Dae that at a whole another level that they've gone the next level. I think the big story here is Adobe has transferred, has transformed and continues to do transformation. And they just had a whole nother level. And I think the story is Oracle will be eating their dust because I think they're going to tow. You know, I think sales force should be watching Adobe. This is a big move. I think Oracle is gonna be twisting in the wind from adobes success. >> Well, like he said, you know, they tie the whole thing together from the creativity, which is what creative cloud is to the delivery to them, the monetization in the measuring. So now they you know, they put those pieces together, so it's a pretty complete suite. So now you can tie back. How has my conversion based on What type of creative How is my conversion based on what type of campaigns? And again the forty million email number just blows me away. It's not the same game anymore. You have to do this and you can't do by yourself. You gotta have automation. You got have good analytics and you got a date infrastructure that will support your ability to do that. >> So just a little report card in adobe old suffer model that's over. They have the new model, and it's growing revenues supporting it. They are attracting new generation of users. You look at the demographics here, Jeff. This is not, you know, a bunch of forty something pluses here. This is a young generation new creative model and the products on the customer testimonials standing on this stage represent, in my opinion, a modern architecture, a modern practice, modern cloud kind of capabilities. So, you know, Adobe Certainly looking good from this keynote. I'm impressed, you know. Okay, >> good. Line up all the >> days of live cube coverage here in Las Vegas for Doby summit. I'm John for Jeff. Rick, Thanks for watching. We'll be back with a short break

Published Date : Mar 27 2019

SUMMARY :

It's the queue covering changed the face of Adobe. And it completely changed the way that they paste their company the way they deliver products the way their product I mean, you can almost substitute Adobe for your company. the much higher the likelihood that they're goingto that they're going to renew, that they're going to retain so to me. They shifted the game to their advantage where they said, And he talked about, you know, they used to do an e mail blast and it was an email blast. far so really delivering this mask mask, They're kind of the new new platform. It is the passion that you can build around a community in that experience. So is this notion of B to B B to see kind of blurring? most of the time, a predominant portion of their engagement is going to be Elektronik, This is a show about the application and she talked about the data architecture and again, some really interesting facts goes right to cloud, in the last two parts of a Kino wass. Both of them But the data is has to be integrated, Yeah, she said that the data archive data strategy lagged. You can't build the house unless you put in the rebar. and I know the best buy story on what came before them and what came before them and what came before them. it, the people around them are actually executing with Cloud with Dae that at a whole another level You have to do this and you can't do by yourself. They have the new model, and it's growing revenues supporting it. Line up all the We'll be back with a short break

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Mark Lenhard, Magento, an Adobe Company | Adobe Summit 2019


 

>> Live from Las Vegas. It's the queue covering Adobe Summit twenty nineteen brought to you by Adobe. >> Everyone. Welcome back to the cubes. Live coverage. Adobe summat twenty nineteen here for two days. I'm John for a jefe. Rick. Our next guest is Mark Lenhard. SVP of Growth. Part of the big news is the adobe commerce cloud mark for me with magenta Now Adobe, Great to see you. Thanks for coming on. Thanks for having me. It's real pleasure to be here. So very impressive. Adobe with there the creative products at their end user applications Really great stuff. People know it. It's a cloud service. The transformations happened. But what's really happening to is this platform continues to get billed. You guys with Magenta, one of the big pieces of the puzzle Marquette O's got. They got a big piece over there. You guys are a big part of commerce Cloud big news here. What's the Commerce cloud about? You guys announced the hear of the show. When is going to be available? What's the features? What's the dude? So give us the overview. No, >> great And again, Thanks for having me. It's really been It's been a wild year with the Magenta acquisition coming in really folding into a suite of products on the experience side that really are designed to really help companies transform themselves right and really own the entire customer experience all the way from Discovery through to Buy to through Renew. >As we saw this morning.  And Commerce really fits in there nicely in the Buy section and what was announced today is with Adobe Commerce. Cloud is the opportunity which available now for for our larger merchants and enterprises to get the core magenta platform, which are our customers know in love. But get that in a way that's managed by adobe eyes more fully integrated into the other products and services. So you can deliver that full customer on tow n journey on which hand features which will will happen over time, particularly as we get two more data driven data driven insights and over time sense A and air power tools. >> You know, I love looking at slides because you can tell a lot by a slide right when the lame out these chinos kind of architecture slides. But I think it's interesting about the adobe experience. Cloud is, it lays out nicely because you have cloud modules. If you will are building blocks, you got the add cloud, the analytics cloud, the market cloud and the commerce cloud. Then you got platform underneath, enabling. That's a lot of nice decouple but cohesive elements to it. Which really is a testament to that kind of how they're laying out that experience, cloud and experience. What is the commerce clouds roll in that? Because you guys have to be highly cohesive to do the kind of levels of commerce that's demanded and B to B. Now it's changing them. We'LL direct a consumer business model, so it's a consumer like marketing function in a B t B context. How is that changing? What magenta wass and what's it turning into as commerce cloud specifically? Well, >> you know, a lot of it is just really leveraging a lot of the features of functionality that Magenta had really just fit in really, really nicely into that, that user journey, right? And so where magenta is really slotting in nicely is in that by section, right? If you've got discovery by to renew by all the way to through her new magenta and the corps platform, there really helps deliver that so that our customs, whether there be to be or or B to C or they're trying to go direct to consumer. They're able to develop that content, that rich content market to those customers, drive them Teo to magenta, enable them to transact and then actually renew induced. You know, everything from diddle products to consumers for two physical goods. >> It's interesting you look at the slides to it. It feels like an operating environment, right? Because you have cloud you guys air on cloud. There's a lot of touch points with other pieces of the system means an operating system basically almost not technically, but a platform. You could put the platform, you're gonna talk the things so data I could imagine is critical. If you want to do that journey and you're a big part of the by piece, you've got to talk to others. Other pieces of the platform. How important is the data architecture? Can you explain how you guys look at that? Because now you come into the adobe >> fold, >> their data centric data super important. We heard that in the keynote. What's the role of data and all this, and how do you see >> that? So it's it's absolutely critical. Azi mentioned on being able to harmonize that across the platform and be able to have all of those pieces talk to each other so that you can get everything from behavioral data front. I know what you're doing on a website. I know what you're doing on instagram other platforms two I know whatyou're transacting. I know what you're buying two. I know what you're renewing on and what you're coming back to be able to pull that all together and not just pull it together in a data cluster. But to be able to actually take those insights and are sorry, take that data and develop insights out of it and then, most importantly, take action on. So one of the announcements we made really was around analytics. And as we pull that into adobe Commerce Cloud enabling our adobe analytics to have some dashboards that roll out, you know, we know we commerce really well. Whether it be to be or be to see, we know what those customers those merchants need to look at, be able to spin up those dashboards right away, so they can not only gather all the data but start seeing the insights immediately so they could take action. >> But what I thought was kind of interesting is is everyone used to think that the transaction was the goal, right? It's all feeding the funnels, all feed to try to get that transaction. What we heard today was so important that a transaction is just one piece of ah, of a much broader experience. Right is the word, but really oven engagement and an ongoing relationship with that individual, whether it be a company or a single person. So I'm interested from your point of view. You guys were all about The transaction is funny. It's weird. It didn't happen earlier. Job is all about, you know, the creative in the marketing and getting it up to that point of transaction. But it's really you guys just want to get in kind of a virtuous cycle where it continues that multiple transactions and multiple experiences that support each other as being really stand alone. >> No, that's I think I agree with that. I mean transactions obviously really important >> to our customers that definitely wanted and that it's necessary. I can't remember the word they used in the keynote, but it's it's definitely important But it's not the animal you know, kind >> of. It's part of the entire experience, right? So when customers are buying today, they're buying experiences. And those experiences include the actual purchase they're making right, the product digital or physical that they're making. But it includes all the way up to that to that experience, all the content they see before then the experience, how they experience the brand before, then on. Then you know, likewise after the transaction, right? How? How? How does the brand follow up and interact with the customer afterwards? Most of our merchants, all of our merch, all of our brands were looking, have lifelong relationships with customers. And so that entire and and experience is >> important. Mark Talk about the community. Expect we covered your show, Magenta. Before the acquisition last year, the key was there. We were. I was very impressed. I had no idea that depth the community that you had in that company when you guys came over. What was the feedback? What's the result? What's the plan when you share some update impact of the community and the role of the community for the commerce cloud? >> Absolutely. I mean the community for us is is near and dear. I mean, it is It is the core of who magenta is and wass on is transferred over now to Adobe. You probably heard this morning shots and you're talking about how important as soon as he got out on stage. How important community wass magenta community. But the broader now adobe community. We've got about three hundred seventy five thousand community members. These include developers, partners that are really court of the functionality. About fifty percent of our code is developed by by the community and developers in the community. That's omit that code back to us on DH. They're the life blood of how we grow and support the business going for >> a fifth between Adobe Magenta cause you mentioned that that might be kind of a nuanced point. You were very community. Lot of open source got a co creation on the product side adobes a creative, absolute density time. But the fit between your culture at Magenta and the Bilby culture and where they are today and where they're going >> now there's that absolutely some overlap in our community and in a lot of our partners are out helping our merchants create content right, create that brand experience. And they leverage the creative side right in the products in the suite of services that the creative side of the House provides. And then that feeds in directly into into driving awareness and marketing and sales. So a lot of overlap. Their >> growth question for you are kind of more of an operational question, you know, in any major shifts. Certainly, Cloud. We've seen that it's here. Been for a long time. But as you start to see, new APS and new kinds of business models emerge that are continue to transform operationalize ng new things is very difficult for an enterprise, our business and sometimes culture. Sometimes it's tech, tech, um, something just don't know what the new environments like tools and technology. So you know, getting something operationalized that's a game changer his heart. How do you look at that? How do you guys approached that market on the go to market on how you guys do with the marketing mix? What some of the things that you do take something that's new and new capability and operationalized for a customer? Yeah, there's a couple >> things. One is the culture which you developed, right? So the people and really working Teo to train and developed a culture and hire the right talent, that is is, quite frankly, just open to change, right? You've got to be agile because I could come in here and tell you five things you've got to do today. Tomorrow will be totally different, right? And so you've got to be You've got to be agile. Build that build that culture of agility. Thie. Other thing I'd say is, you know, find partners who will help you simplify the problem, right? It's very easy to create a lot of complexity when you've got change. But, you know, Chantal did a great job this morning, kind of showing the dashboards that we use internally on. That was through a lot of work and a lot of process to get that. But way had to simplify it down into what are the key metrics that you really need to watch on? I'd say that's the third thing is, you've gotta follow data. You've got to be data driven and develop insights out of that data because things are too fat moving too quickly to have years to develop a gut reaction to it. Right, You've got it. You've got to see the date and you've got to see it when it happens in real time >> and moving fast cuts good. But you apply that to data as well. So that's right. This is what we've got the right >> platform. And we were trying to develop very real time relevant rich platform that you could get that data out in a way that's digestible so you could take action. >> How does a company take advantage of the data that they have? What some approaches that you guys see is low hanging fruit use cases, something overwhelmed with data. Either Number day. We heard from your customer at the Dollar Shave Club talking about There's so many dates, so many data points coming in from multiple directions and going out multiple directions to on the channel that I'm gonna call it. >> How do you get >> a hottie? How'd you get your hands on that data? It's overwhelming. What's what's, um approached? People could take >> eso couple things there. One is, you know, decide before we even start looking at data. What do you think is important, right? So really simplified, clarified down what? What you need to be tracking. And then it's very easy to have twenty different systems that you bring in all separately and try to stitch them together. It's more important. One of things you tried to do with Dobie Commerce Cloud is bring together something that's already kind of pre pre pre integrated together to make it easier to kind of get up and running and get going. Because it is it is very difficult. Teo, pull all that together unless you've got you've got a framework of things working together and then having the dashboards rebuilt. So you, Khun, you can get up and running and then over time you can tweak it and customize it. But But getting those core inside >> we're talking on came before we started about operational versus our operational data verses trying to boil the ocean over. And that's it. That's the best practices are distracted or approach, you see? >> Yeah, Wait, I called a little bit of more operationally I, which is so many different use cases for for making data driven decisions on things that are really top of mind for merchants. Today. We hear a lot about one on one personalization, which you know super important. Particularly you move from being our computer based e commerce to mobile to voice right. Getting that. Getting that personalization right is critical, but there's a lot of things on the back end to that can happen, right? How do you tag pictures? How do tag merchandise? How do you really streamline the filming process? So you're getting the product from the right place at the right person as quickly and cheaply a sponsor. >> One of the questions. One of the comments on the Keen I thought was great from engineering talk part talk track was open day to open a P. I's very critical. We're big believers of that. But as customers or challenged with first party data, they're relying on these platforms like Facebook instagram of the things that are not actually being more open. The stricter access to the data Twitter's all got days out. They get that data hard to get linked in date. It's hard to get Facebook data. Um, how how do you look at those those silos? How should customers be thinking about their data strategy, knowing that some of it might only be able to get through scraping or other techniques. It's can't maybe reliable. So how do you guys look at that? What's, uh, what's the approach that they have more first partied on their site? Or is it there is a methodology or mechanism that they could deploy >> eso no silver, no silver bullet. But I think first and foremost always have to keep the customer first. Right, And so trust and transparency is of the utmost importance on. So it's important and we do this. And everything we built today is to be able to build that trust and transparency, both with our own direct customers, the merchants we may have. But also it's equally important that trust, though, that we're building for that merchant with those with those end customers that that that has to be paramount to everything else. So you know, when in doubt, err on the side of creating real deep trust and transparency with >> customs. Also, talk about the culture and adobe you're now part of the company from Magenta is a good culture. They're good fit, as you mentioned absolutely for the folks watching here and seeing the keynote, the company's transformed and continues to transform with cloud with data on the right way. From our our estimation for the folks that might not be comfortable or not. Might not know Adobe. I should say, What is it about? What's it, what's going on at a Toby? What's what's the magic here? There's a top story >> there. There is, There's a lot. There's there's a lot going on and, you know, the integration with gentle of the last guest. Nine months now, when went by Fast has been It's been phenomenal, I think is, you said not only has there been a strategic fit between the product's set on DH, what were what adobes trying do overall, but a cultural fit is well. They're really dedicated to creating a new environment where people can thrive on being respectful of individuals and really driving in helping transform the world. And so when you've got a mission of really, how do you help digitally transform, whether it be two C or B to B B to be customers? It's amazing. There's just a lot a lot going on. >> Final question. What's your plans for this year? What's your goals? Grow the commerce piece get a chip didn't get available. What's the Your objectives, >> you know, continue to scale up a platform which is just phenomenal. The only one in the industry that really delivers great B to C and B to B experience is on really scale that up and helped deliver, particularly for our larger midmarket enterprise customers help them deliver on the promise that is, that is, that is the digital age >> and for customers. What should they be thinking about? Now? >> You know, it goes back to How do you really develop that? That customer journey that built a brand write The most important thing is your brand and what you're doing there. And how do you customers have? Higher in the end, user customers have higher and higher expectations these days. And how do you really follow them through? The entire customer joined in >> the Holy Grail that we've been chasing for a long time. Now we get some visibility. Yeah, absolutely. It's really coming. Markman hard here on the Q. Thanks for coming on and sharing your insights. Appreciate it. Thank you. Coverage here. I'm John with Jeff with Mark. Stay with us for more after this short break.

Published Date : Mar 26 2019

SUMMARY :

It's the queue covering Part of the big news is the adobe commerce cloud mark for me with magenta Now Adobe, in really folding into a suite of products on the experience side that What is the commerce clouds roll you know, a lot of it is just really leveraging a lot of the features of functionality that Magenta had really It's interesting you look at the slides to it. We heard that in the keynote. and be able to have all of those pieces talk to each other so that you can get everything from behavioral data front. It's all feeding the funnels, all feed to try to get that transaction. No, that's I think I agree with that. but it's it's definitely important But it's not the animal you know, How does the brand follow up and interact with the customer afterwards? What's the plan when you share some update impact These include developers, partners that are really court of the functionality. But the fit between your culture at Magenta and the Bilby culture and where they the creative side right in the products in the suite of services that the creative side of the House provides. What some of the things that you do take something that's new and One is the culture which you developed, right? But you apply that to data as well. that data out in a way that's digestible so you could take action. What some approaches that you guys How'd you get your hands on that data? One of things you tried to do with Dobie Commerce Cloud is bring together something that's already That's the best practices are distracted or approach, How do you really streamline the filming One of the comments on the Keen I thought was great from engineering talk So you know, when in doubt, err on the side of creating real the company's transformed and continues to transform with cloud with data on There's there's a lot going on and, you know, the integration with What's the Your objectives, that is, that is the digital age What should they be thinking about? You know, it goes back to How do you really develop that? Markman hard here on the Q. Thanks for coming on and sharing your insights.

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Paul Young, Google Cloud Platform | SAP SAPPHIRE NOW 2018


 

from Orlando Florida it's the cube covering si P sapphire now 2018 brought to you by net app welcome to the cube I'm Lisa Martin with Keith Townsend and we are in Orlando Florida that sa piece a fire now 2018 or in the net out booth really cool sa piece a fire is an enormous event this is like the 25th year they've been doing it and it's been really interesting to learn Keith about sa P and how they have really transformed and one of the things that's critical is their partner ecosystem so we're excited to welcome back to the cube a cube alumni Paul Young who is the director of sa P go to market from Google platform Paul it's nice to see you thanks so what is the current news with Google and sa P so you know I think we're making a major push into this three Marquette I think the the yesterday's announcements are we all still have a four tire buy on a server online but we also brought up capacity all the way up to 20 terabytes so we really can handle pretty much all the customer base at this point so on the one end that's good there is however a lot of other stuff we're doing in the AI space in the joint engineering space with SCP and and a lot of work we're doing in the make it a lot easier for SUV customers to adopt the cloud right and and beyond just what's happening a lot in the market right now which is you know 80 percent of the customers who mu and s pieces in the cloud just do straight lift and shift so there's no for momentum with a it's just ticking the box you're in the cloud we're doing a ton of work in engineering on our own and with SCP right now to make that a much more valuable journey for the customers so yeah I don't wake up in the morning at Google and think what am I going to do today it's you know it's a there's a lot of stuff going on so Paul let's not be shy that we've had you on the cube before and your ear s AP alone and as you look out at the hyper scalars the big cloud providers s ap more or less has a reference architecture for how to do cloud how to do s AP and a hyper scale of cloud but it's not just about that base capability when I when I talk to my phone I love asking Google questions when I look at you know capabilities like AI and tensor flow and machine learning that gets me excited just in general what as you looked out at the Haifa scalers what excited you about Google is specific as you we were s ap work to fall 3 so what's so exciting about Google I did I joke internally I was I was a customer of recipes for seven years I did 20 years of SVP and and yeah and and then woke up one morning and decided to go to Google yeah I do I get this question a lot on the yeah my conversation always is it wasn't based on the cafeteria food there are other things to join me across it seriously cuz in my last roll at scpi I was working with all three the hyper scalars and one of the questions I always got from SCP people is well they're all just the same right or and when you actually work with them you discover the are different and that's no disrespect to anyone but they approach the world differently they all have different business models and and the Google thing that really put me is that the the kind of engineering and the future focus was just tremendous right this other girl could do was was immense and so I said I'll jump forward to the future and then will come back but just if you look at the investment school was making in AI and machine learning all the stuff we were order a Google i/o with the the you know custom-built testable computers that can just do an amazing performance greatness or but it's got to be applied right so so things that partially built with Deloitte it's a deletion of the demonstration for it but just to give an example of where we think the future is we build a model in Nai where we have we basically two invoices and we taught the AI system to do data entry and SCP so that's not an interface we didn't say hey here's an invoice and here's all the fields and we map them all across and here's ETL and here's other things we do right here's our interface mapping we literally said imagine you're an AP processor how do you enter an invoice and you give it detail universities and it spends a lot of time doing really stupid things trying to put addresses in the number field of someone else and then suddenly it works so how to enter an invoice and at that point it knows how to enter an invoice and then what you do is you give it more and more invoices or more and more different structures and it learns how to what an invoice is and it learns how to process that and then suddenly it can do complete data entry right so we build as a model this is sort of thing Google does just to test the limits Deloitte came along and said well that's really cool could we actually take it and run it as a product and so the light now has that in there there are engineering further out where literally you can give it any invoice it will it's not OCR it will look at the invoice and it will work out that is an invoice where all the bits you need are from it it will then work out how you would do data entry on that into an SUV system and it will enter the invoice that's a future world where I know SUVs already launched the I our own doing three-way match interesting we're talking about future won't where your your entire accounts payable Department is a Gmail inbox where they mail you invoices that you've never seen before but we're able to understand what a vendor is grantee as a vendor guarantee is not fraud checked and do the deed to entry completely automatically that is the massive new world right and that's just a tiny little bit of what we can do at Google we have it just pretty also we haven't demo running on the booth where we have tensorflow looking at pure experience pharmaceuticals right right we have we have a demo run on the booth which is a graphic of someone we're actually running at customers where we have a camera reading pharmaceutical boxes as they go past or their pinky perfect curlers in this case but it doesn't just look at the box and say I count one box it reads the text on the box but it reads the text in the box was in noise from STP was supposed to be manufactured and it comes back and says well am I putting double-strength pills and single side boxes is this most legal have I mean sent the correct box is it you know is the packaging correct it also knows what a good box looks like and it learns what a damaged box looks like a nice packaging looks like an it knows how to reject them and again that level of technology where we can monitor all of your production lines and give you guarantee quality and pharmaceuticals anywhere else tell me six months ago anyone even imagined that was possible we're doing that right now all right that that ability to work with SCP because it's all integrated with SCP we're doing Depot of efficient that ability to deliver that sort of capability at the speed we deliver that is world-changing right well you know one of the things that I just kept imagining as you gwangsu the description of invoicing thankee was on a run of the day I'm a small business owner and these things are troublesome like you get in an invoice and I'm thinking you know I got a deal my my wife does the Council of payable accounts receivable I'm like there has to be a way to automate get but then I thought about just those challenges like you get one person says an invoice that the invoices at the bottom right hand corner the the invoice numbers on the bottom right hand corner the the amount due etcetera etc just really silly questions that AI should be AI machine learning should be able to deal with build mederma yesterday on stage says that AI should all been human capability and that's a great example of how a I augments you might take a bit and it doesn't in the AP example it doesn't do a hundred percent correct all the time right it knows what it's wrong in the example of Joey runs your seat comes up and says the dates wrong here I need to fix it so it's taken the it's taken the menial work out of the process and it's lighten people really add value in it but it's also a great example of the cloud at work and what it's supposed to do right again if all you do is take official SCP and drop it in the cloud you're just running in a different place if you get to a world where with Google we we don't expose your data to everybody else but we understand what the world's invoices look like and we have that knowledge and we make the entire world more efficient by having the model know how to work that's a radically better place right and that's that's that's there's just never been that value prop before and that's it's a great big exciting thing to wake up in the morning to think that's what we do right so Lisa in the industry we have this term that data has credit I think it's fairly safe at the this week we can say that processing technology compute has gravity it's we had another guest on it says that they use a process and a technology in solution and one customer works out fine and another customer not the same results it's this complexity is this kind of dish 'part of technology that is just not easy to apply across across companies so the other part really quickly that I want to talk about is you know this isn't just about AI right it's not just about the future I mean one of the key in me I said I'm a long-term HCV customer I work a lot of customers everybody wants to get to the cool bit you know and though I always used to joke internally everybody wants to eat candy they're ready vegetables first right and so we better get you across or you can candida vegetables whichever way you've got to eat both there's some point right so um so look just getting customers into the club becomes one of the challenges it's one of the other areas where we're really applying engineering so I'm three weeks ago we bought della Strada as an example Villa Stratos is an amazing company what well so it does basically it's a plug into VMware you drop it into VMware and it watches your SUV systems running it profiles them and it works out what size capacity you're going to need in the cloud at the point where it's then got enough information it'll basically ping you and say hey I know no I'm not a machine do you want exactly the same performance at lowest price in the cloud or do you want better performance here's two configurations pick the one you want give it your Google user ID and password it will build the security build the application servers and begin a migration for you automatically depending on the timing demand the size the box between 30 minutes and two hours later you will have a running version of your SCP system in the closet never been done before that's been performance the way it works basically it's a bit a little bit of magic but it knows how much what's the minimum amount of data we need to ship across through NSEP it knows where all the data is hidden on the box on the disk then sdb needs to run and it just ships that first and then it fills in the gaps afterwards the repair mechanism so from there on the one hand you could do lists and share and frankly our competitors have been using it to do lift and shift in the past it over some a ton of potential right for a bunch of customers we can replicate their production boxes in real time and give them 30-second RPO RTO in high availability but that done but it's like that I can now take that replicated image and I can run operations on it I can run tests on I can run QE rebuilds were you because of the Google pricing model you don't pay me in advance you pay me in arrears for only the computer time that you use so you are a QA system you've got two days worth of work to rebuild it don't shut down your QA system pay me for two days rebuild and you're done or we have integrated it directly into the SDP upgrade tools so you can pipe across your system to us and we will immediately do a test upgrade for you into s4 HANA or you see us rocky or BW an Hana whatever you want I have a customer in Canada who really jumped from ECC e6 and hazard by 5 to s4 Hana using an earlier version of the tools in 72 hours with a lot of gaps to look at in between we reckon we're gonna crush that down into under 24 hours so under 24 hours we can you can literally click on an SUV server and we will not just bring you to the cloud but we will upgrade you all the way to the latest version and we we have all the components we've done it we're pushing that through right and so what we're doing now is taken the hard work and automating that so we can get to the really cool stuff in the eye side right that's way again this is where all of us for all the hyper scalers hosts you know SV systems we want to do something that's better than that right we want to make it easy to get there but we know that in order to justify what you do we're all have seven your room app 2x or hard on right so we want to make it really easy to do that and we want to make it incredibly easy to add in AI and all the other technologies along the way that's a DES and a pricing model that nobody will be right and that's that's a pretty cool place to be I'm mighty glad to be a good place I could tell by your energy so ease of use everybody wants that you talked about just the example of invoices how they can vary so dramatically and you know whether you're a small business owner to a large enterprise there's so much complexity and and fact that was one of the things that was talked about it was this morning well yeah when how so plot I was even talking about naming conventions and how customers were starting to get confused with all of the different acquisitions SAT has done so a I what Google is doing with AI on sa piece sounds like a huge differentiator so tell us as we wrap up here what makes you know in a nutshell Google different than the other hyper scale that s AP partners with and specifically what excites you about going to market with s AP at the base level your Google's just on a different scale from everybody right we are effectively put 25% of the internet if you look at our own assets we we own dark fiber that's equivalent to about 4% of the entire caballo sorry four times the entire capacity of the Internet right MA so my ability to deliver to those customers at scale and up performance levels just unchallenged in this space so you know it's a Google clearly is excelled in a lot of different areas it's been credibly starting to bring that to SVP and carry through but you're right that the the the value add ultimately isn't just the hey I can I can run you and I can run you better write the value add is so March we announced direct innovation rihana and Google bigquery when you're talking about bigquery right massive datasets that you can know Bridge to Hana if you're a retailer this is one last example I can now join all the ad tech data Google has so I can tell you all the agile currently run in Google once we march was being viewed anonymized in clusters so you can't tell the original consumers but I know that data and directly worded to bigquery and I can join at stp so I can now say you are advertising in this area let's being clicked on but I know you don't have the inventory to actually support the advertising so I want you to move advertising somewhere else right and so I can do that manually rename when I had any I to that the potential is is incredible right we've only just started so ya know next time I want the cube we'll see where we're at but it's a it's a fun place to be speaking the next time gasps have a conference coming up Google next is coming up at the end of July yeah it's we have a lot of announcements through probably the rest of the year right there's a lot of stuff going on as we come to massive scale in the SUV space so yeah anyone who's interested in this stuff especially even if you're just interesting the I stuff Google next is the place to be so sounds like it I'm expecting some big things from that based on what you talked about on how enthusiastic you are about being at Google Paul thanks so much for joining Keith and me back on the cube and we look forward to talking to you again Thanks thank you for watching the cube Lisa Martin with Keith Townsend @s AP Safire 2018 thanks for watching

Published Date : Jun 9 2018

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Steve Lucas, Marketo - CUBE Conversation with John Furrier - #CUBEConversation - #theCUBE


 

hello everyone welcome to the cube conversations here in our studio in Palo Alto California I'm John Faria co-host of the cube co-founder Sylvania media special guest today inside the cube in Palo Alto Steve Lucas the new CEO of Marketo formerly of sa P industry veteran a lot of experience in the enterprise space now the chief executive officer at Marquette Oh welcome to this cube conversation great to see you yeah great to see you again so Marketo has been on our radar spent on everyone's radar it's been one of the hottest marketing companies that have come out of this generation of SAS what I call SATs cloud offerings and certainly as burn burn in the field in terms of reputation in terms of quality high customer scale a lot of other companies have been bought out you see Oracle doing a lot of stuff you got Salesforce the SAS business is booming oh yeah and you have a rocket ship that you're now the CEO now for two months first question what's it like here now compare a CPA yeah Marketo what's it what's happening well it's I mean s if he's a fantastic company and loved it it's the the the kind of metaphor I've used is it you know with sa P it's it's a bigger it's a bigger vehicle you're driving a bus and you can carry a lot of people with you takes a little bit longer to make a u-turn Marketo is a Formula One car I mean this thing is just in and out of traffic and it's it's unbelievably nimble so it's it's been a big kind of shift culturally but absolutely love it for the folks that are watching you might not know but Steve was in the HANA analytics president of that division with ASAP which was a real interesting transformation because Hana and and and s ap was a traditional big enterprise software company yeah but had to move very quickly Hana was basically built before Hadoop was even conceived and it was built before the big cloud explosion but kind of well built for the cloud so you have to kind of move quickly oh yeah from scratch into the cloud oh yeah with sa Pease resources yeah so compare construct contrast butBut your expense from sa p what is Marquette O's prospects I mean what's going on there I mean I'll see you got a formula speedboat but the big aircraft carriers are thrown pretty big wake they are how are you gonna maneuver yeah yeah well it's it's a fascinating environment right now because you know going from us if he I'd say that my experience they're kind of highly tuned me or prepared me for what I'm doing in Marketo si P had to move nimbly at the time really nimbly you're entering a market where you've got oracle microsoft at a database level they're the incumbents they own massive share how does si penetrate that but we were successful at the time at sa p and i loved that experience coming into Marketo really i mean it's a couple things one is you got to out-innovate the competition this is not rest on your laurels and wait for the release a year and a half from now that doesn't happen so this is about moving quickly but the second thing it's about I believe is it's all about putting the customer at the center of your strategy they have to drive everything I've talked to more marketers more CMOS in the last two months than I have in my last 20 years putting them the center is all about that Marketo their heritage was marketing solutions built by marketers for market what are the people saying you made with a lot of those CMOS more in the past since the past two months what are they saying what's on their agenda what do they care about what's important to them brand revenue and impact they want to know how do I Drive my brand how do I drive revenue and how do I show that impact to my CEO the board whomever it may be but the thing that scares marketers right now the most is what is digital transformation changing relative you know the big trend in macro trend globally how is it changing buyer expectation how is it changing the customer brand relationship that's top of mind Peter Paris who heads up by research for wiki bond and he used to do the b2b practice at Forrester around digital and stay Volante now we're talking yesterday that digital now is everything right so if you look at digital it's not just oh marketing need some tools to send emails out or oh I need to get a website up call IT up and provision or landing page this is now a fabric of pure infrastructure yet the infrastructure was built in the web days and you can go back to your business object days and go back again even back in the 90s that infrastructure now is so hard and as instrumentation there's no agility so that I feel that and we here in our in our teams and our customers that I want agility but I also want to control what the infrastructure might look like but then I don't want to touch it again I wanted to work for me do you see that same dynamic and how does that play out because I mean it's kind of the nuance point but the end of the day shadow marketing is going on shadow IT oh it's happening and it's on this unequivocally I mean so the the it literally the what's crushing the marketer right now is every time we get a new touch point a a watch so we go from just a watch that tells me the time to an Apple watch right every time there's a new touch point there's a new point solution for it and it's crushing the marketer so if it's social there's point solutions if it's mobile there's point solutions if it's a watch there's point solutions I blew my mind I literally saw it start up this is we can do you know monitoring and engagement of people on a watch it's just it's overwhelming the marketer and so their landscape of applications is looking like 30 40 different apps and their big win single sign-on that's the big win for the marketer internally it's just crushing them so what they're looking for your point is the Mahr tech or marketing technology graph and map is so big each one of their own underlying stack database software is that kind of what you're getting at absolutely absolutely you pick a marketing cloud it really doesn't matter you could say Oracle's marketing cloud sales force marketing cloud Adobe's marketing cloud it's just convoluted the the graph or chart of what's out there so point solutions just put together cobble together that's exactly right and so we're the benefit are that this is the the problem with that is what well the problem with that is that you first of all you lose any context relative to who you are there's no way that I can across 30 or 40 systems keep a consistent definition of job for you it's just impossible to do and our notion is we're looking at and what we're driving is a single engagement platform where the definition of you who you are no matter what touch point how we listen to you how we learn from you and how we engage with you it's all the same it's all integrated so let's get back to this point because I think an engagement platform and then the applications are interesting so I mentioned the CMOS earlier there's more development going on in marketing with like programmers developing apps because creig's of course okay so they're using the cloud and the marketing cloud is not like a one-off it has to be part of the core infrastructure so one of the things that wiki bonds gonna be releasing a new research coming up but I saw David floor yesterday who's a head of the research project that they're gonna show market share numbers of Amazon Google all the top cloud guys yeah interesting dynamic past is squeezing now platform-as-a-service is being squeezed down and SAS is increasing and then I as infrastructure stores is kind of shortening which means this automation in there so that the middle layer is gone but yet there's more sass how does that relate to the marketing cloud because the marketing cloud would be considered middleware or is it just the SAS app and does that speak to an explosion of SAS applications well I mean you're gonna see an explosion of SAS applications regardless I mean we reached that point of critical mass a while ago that's there's no going back at this point but if you look at kind of I think you're absolutely right there's compression at the IaaS layer in the past layer etc because these these these larger kind of SAS applications they are really ruling today and if you look at how that applies to marketing we actually think about three technology tiers within marketing there's the listen learn and engage tier the listen it's here is how do I listen on these digital channels the myriad that are out there and then the learned here is core to our platform the engagement platform it's all about an automation engine an AI engine and an analytics engine it's learning and then engaged here is how do I go back to those self same channels I was listening to and engage you the way that you want to be touched and so that's really the stack that comprises the Marketo engagement platform what's interesting the dynamic for us is we're actually seeing our own native applications that we're building on our engagement platform and then we have over 600 partners that are building applications are not building applications on our engagements they're writing software on top of the market absolutely so they're extending it so if social listening which I know is a big thing for Silicon anger that's like the I mean you guys are masters at it that if that's your thing then we have a not only do we have social listening capability but there's an app for that there's dozens so we could potentially plug into that oh absolutely so that's your vision so the vision let's go back to the so more apps a platform that enables more satisfaction yeah and and you mentioned people building on it that's an integration challenge and that's something that people they want to do more of they want to integrate other things with platforms which could be a challenge but it brings up the point data where does the data sit because now the data is the crown jewel yes and also a very important aspect to get real-time information so if you have information on me you won't have access to that data fast that's right and so there's an architectural challenge there there is your thoughts and reaction to the role of data well I first of all marketers still want to own their data and I think we need to be you know the reality is is that if you look a lot at a lot of these marketing clouds that are out there they're the vendor perspective is going to be will if I own your data I own you and our perspective is well you know that your data can sit within our platform but we can actually drive that data into you know on-premise warehouse etc etc so we're our goal is not to own your data ergo we own you that's not our goal I think the big thing like in the content you're saying is you want to use their data to give them value absolutely and so for us it's a matter of you know we can we can do to protect their data - exactly and so for me it's all about you know it's securing the data its but it's also the data is so complex now for the marketer so you've got social data highly unstructured you know you're listening for key words they still have to interpret that information you've got highly structured data demographic for example so it's how do you bring all that together you can bring that together in the Marketo engagement platform and then you can turn that into something meaningful it's always funny always to love to interview the new CEOs because we got the fresh perspective but I can't ask the tough questions cuz you lived in there for two months you get it say I won't even that two months I really can't answer that so I'll get the more generic on that what to try to get this at some of the hidden questions that I like to expose for the audience and really the main one is what attracted Univ Marketo I mean you left a pretty senior very senior position NSA p-president and Marketo is like the ship that's out there it's a motorboat but some are saying that the ways might be big enough and so you know be like okay but their public company so everything's out in the open what attracted you to market what God did say you know what I want to ride this speedboat well the trigger point for me was you know especially it s if he get exposed to kind of the big macro trends big macro trend everybody knows it is digital transformation as if he's talking that Microsoft Accenture picked the big company they're talking digital transfers and it is real the reality is you either are a digital native company were born digital uber or you're going digital ie you know you're a hospitality company trying to compete with air B&B and you gotta go digital so it's yeah I wrote an article I want on go digital or die right that's that's the that's the notion and when I looked at that I said so how does that lens apply to marketing well the reality is is that the marketer in the digital economy is only going to win if they can engage with not two or three people but Millions in an authentic and personalized manner at scale so that it's kind of juxtaposed how do you do that how do you engage with millions of people but at scale but deliver personalized an authentic experience and I looked at Marketo and I saw this platform and I just said oh my gosh there they are there's like this this convergence of those two things that are going to happen and I just think that the whole kind of marketing automation space which is known as really I I want to transform that into the engagement space we're talking about things like this engagement economy trend I absolutely believe we are fully in this notion of the engagement economy I think Marketo is right there so I gotta ask you a question is this is interesting you mentioned getting personalized information one of the things that's apparent we talked about on my Silicon Valley Friday show if you go to soundcloud.com /john for every year that people watching can get the copies of those but the thing was the recent election highlighted an issue around trust right v news younger natives digital natives younger kids they actually don't know what fake news is and what real news is a lot of people are moving off cable TV into digital which opens up the snapchats of the world different channels omni-channel like things and so this brings up this notion of communities because what people are turning to in this time of no trusting the mainstream media right news or Trump or what they were saying it's causing a lot of theater but it highlights an issue which is what's real what's not its content content is also has a relationship with users content is marketing content is trust is now a huge deal how do marketers now deal with the fact that content marketing coming from a company it could be fake news but there's a real or not and how do they get the context jewel connections is it the communities and we see that election people kind of going back to their tribe and saying oh anti Trump or Trump or whatever so tribal communities are a big part of data it is what's your thoughts on this trust factor and data and the content yeah yeah well so I think I mean a couple things first of all you know the I I think you or I as a consumer you know where anybody really we don't respond well to stare I'll moderately creepy advertisements that show up that you you know you know okay you're tracking my cookie you know in my browser and that that is just that's a non-starter I think that that in and of itself is is not interesting now we respond well to there's I said that that kind of personalized and I use that word authentic content so if there's content it's not just hey I know that you visited you know three websites about cars so I'm just going to pump you with ads full of cars but if we deliver thoughtful content it could be a comparison of vehicles that you've been looking at and take a look so there's more thoughtful content that you can deliver that that I think can come through a Mar tech platform like what we have our engagement platform no I will tell you that that trust to me it's it's not just the the authentic nature it's also a consistent engagement you can't show up show me an ad one time and I'm just gonna buy from you it doesn't work that way anymore so it's about having a relationship digital at scale but you know it's it's delivering that human touch I wrote a blog on this one where I said how do you deliver the human touch its Kate for blog addresses it it's on Marquitos website actually yeah right on our website so we talked about that as well and as companies are moving away from you or I managing the social engagement to the AI engines the machines engaging with us I think that we run the risk the marketer runs the risk of reinforcing the stare aisle you know kind of engagement and that's not what we want we want warm human touch that breeds trust sowhat's marcado's technology I mean people look at Marketo and people in marketing general yeah they're just hiring agencies to do all this work this isn't real maar tech marketing technology going on I like some of the technology for the folks watching because yeah I think it's pretty interesting most people don't understand that's a lot of machine learning a lot of technology involved in databases from security to trust also enabling real-time yeah share some insight into what's going on there so so this so there's a notion of engagement platform which we believe is is just fundamentally different than your run-of-the-mill marketing cloud so the engagement platform for Marketo is all about that listen learn and engage kind of methodology that we think about and the listening notion as I said literally as we can listen to anything your custom data social channels smoke signals if we had to we can read and consume almost anything and if we can't do it one of our partners can with like a DMP for example they learn the core of our engagement engine and this is pretty neat so we have three engines in our engagement engine we have the automation engine which is all about I hear you say something on Facebook I can engage with you then there's the analytics engine so I can help you understand what are people talking about on Facebook what are you talking on a LinkedIn and then there's the AI engine now this is where I think the the merger of the marketer and the machine is going to start coming together in a big big way so our AI engine allows you to not just say well if people say Silicon angle on Twitter then send them this but you can actually have it adapt and customize learn and reason learn and reason so X writes out and do some it's right it's predictive Oh not only just predictive actually have it I think it's borderline kind of clairvoyant but understand well I'm not just gonna immediately react to something that you put on Twitter I'm gonna go and I'm gonna check the rest of your digital persona there's a digital assistant basically not a sales rep it's more of an assistant it is it is and and so the future of marketing is simple I can build a marketing or an engagement campaign and I can click a button that says make it adaptive and then that's when the machine in the marketer come together and so on top of that engine we have our marketing applications our native apps like marketing automation we have an account based marketing which is a pretty big deal especially in the enterprise account based marketing is all about going from the single buyer to the consensus buying that you know behavior that's see in the enterprise and then we have other technologies like mobile marketing so we can track when you open an app if you close it if you click on it so it's not just one thing we have a range of marketing apps that sit on the platform right so I want to get the final question I get your thoughts on just the future of the business obviously a year you're there two months you got to get to know the team you've got to get to know the players any changes on the horizon that he let's shop so you got a big launch coming up with it well Ryan codename Orion which is there a new engagement platform that you guys pre-announce and get the announcement coming up there got a book you going on but if for Marketo what's the guiding Northstar for you what do you what do you say to customers and kind of the vision and and what changes you look that might be coming down the pike yeah so I think so the vision really there's two elements to that one is that our core focus like at its core is we're going to help the CMO build the lasting relationship derive revenue for the company and the way that we're going to do that is deliver the engagement platform which we are now rolling out I mean we've been working on a ryan for a long time way before I showed up and Orion takes the ability for a marketer to go from millions of interesting touch points per year social mobile did you know digital touch points to quadrillions of touch points we are ready for that digital transformation what we call the engagement economy era I'm writing a book on there the whole notion of engagement economy we're entering this new era where if you're not able to engage with people and and also things because things will be out there too at scale you won't win you just won't we want to get your thoughts on one final point I know we're kind of running up on time in this segment but if you look at the cloud go back to 2008 2007 timeframe when it really emerged and Amazon is already you know had a couple years under their belts with what they were doing you saw the DevOps movement developed merging development and operators be the real catalyst those early adopters you know those you know Navy SEALs the Green Berets you know eating nails and spit and glass out so so that was Facebook that was the big web scalars Yahoo essentially invented Hadoop which became big data you saw all these companies that were new natives build their own stuff not buy off-the-shelf equipment and they became the the canary in the coal mines for everybody else now everyone wants to be like AWS and even Microsoft's changes to be more like AWS and competing directly with them Google is changing so there was early guys on Facebook what they're doing drones and virtual reality you know what these stuff they're doing with open open compute those are now leaders so they're the predictors of the future in my opinion so I look at it so the question I want to ask you is how does Marketo rank up because companies that don't have huge early adopters of the scale side of it platforms that can't scale probably won't have any Headroom so do you have an example where your business has guys pushing the tech scaling it up that are gonna be that canary in the coal mine you guys have that mix of business can you give some examples yeah first of all we have fantastic customers that are using us today kind of scale Oh at scale absolutely whether it's a GE for example GE is literally attributing billions in revenue to the the Marketo engine and the campaigns and efforts that they're driving through that but ge is a perfect example Microsoft another great when there's lots of great examples of customers of ours that are doing what I would I would call hyper scale in engagement within marketing data and they're with marketing data etc so they're using your tools at large large scale yeah and I'd say it's the scale that that today you get these hyper scale example points but tomorrow everybody's gonna have to do it it's just what's neat for us you see the same thing I was mentioned that those hyper scales are gonna be the you know the pioneers that are gonna let the settlers come in and and behind them do you see that more typically and the neat part for us is is because as a marketing automation technology or an engagement platform we're fully integrated with Facebook Linkedin etc so they actually pull us forward we get that I think we get that we've got the telescope to see the canary in the coalmine a little bit further down the road assuming it's a well-lit coal mine but we get to see that a little bit further down the road so I it's an advantage for us strategically I got to ask you the question because in the database world the systems of record the services of engagement and then systems of AI IBM calls it cognitive yes how do you guys play in that new era is that just all marketing for them well I mean everybody has their cognitive exist yeah and you have something it's so they're every two degrees so everyone has tech and we certainly have what what I characterize as adaptive and intuitive that's my version of AI you know I think saying artificially intelligent it's kind of like I've met a bunch of teenagers that I consider to be artificially intelligent but the reality is is that everybody to a degree has this brochure layer tech that they run around waving it really comes down to what's practical what's usable and for us that's we're focused on is what is adaptive and intuitive technology that's going to merge the marketer in the machine final question final final question is what's the top three priorities for you if we look back on your performance next year this time what are the top three things you want to accomplish as the new CEO of Marketo well number one champion engagement economy that whole we're there and I think people just need to understand what it is to is help the market or win I mean the reality is if you boil it down you ask the question what does the marketer what they want to win they just want to win help their company win and so we want to help the marketer win and then three is really engage our marketing nation we've got a community of an online community talking about communities over a hundred thousand marketers that are working inside of that community it's just absolutely huge and so I want to engage the community if we can do that and be just customer centric and oriented our technology the AI all of those things part of our engagement platform it's gonna help us win to stick congratulations on being the co-chief executive Marketo great to see you Steve Lucas here inside the cube and Paul all those new Studios here in Pella 4,500 square feet you see a lot more content live programming as well as featured interviews with top CEOs of Silicon Valley and top technology companies I'm John Fourier thanks for watching

Published Date : Jan 12 2017

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