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Marta Federici, Royal Philips | Oracle Modern Customer Experience


 

>> Announcer: Live, from Las Vegas. It's theCUBE. Covering Oracle Modern Customer Experience 2017. Brought to you by Oracle. >> Okay. Welcome back. And we're live here in Las Vegas at the Mandalay Bay Convention Center. This is SiliconANGLE's theCUBE. This is our flagship program where we go out to the events and extract the signal from noise. I'm John Furrier, the co-founder of SiliconANGLE, with Peter Burris, head of research at SiliconANGLE's wikibon.com team. Our next guest is Marta Federici, who's with Royal Philips, who, head of CRM. So CRM, Customer Relationship Management. The old way to do things, now transitioning to modern customer experience. Welcome to theCUBE. You look fabulous. >> Thank you. >> John: Thanks for joining us. >> Thank you for inviting me, pleasure to be here. >> Great to have you on. Because you know, one of the things that we're really focused on with our research that Peter's doing, is the practitioners. How they're thinking about executing the customer experience. And on our reporting side, we're seeing huge reports that these platforms are providing great value. But at the edge, the customers' expectations are higher than the value that the platforms are delivering. >> Marta: Yeah. >> We're seeing with fake news, we're seeing it all over the place. People want authentic experiences, relevant to them. This is the whole purpose. >> Marta: Yeah, yeah. Exactly. >> It's the people factor. >> Marta: Yeah. (laughs) >> That's what you're going to be on stage tomorrow morning. >> Tomorrow morning at 9 a.m. Yeah, indeed. So, I would say to be authentic, to be genuine toward your customers, you always need to be relevant to them, you need to listen, you need to learn. You need to know what they need. You need to be ahead of what can they possibly do. You need to start. You need to focus on the insides. You have to really connect all the dots. I think one of the biggest challenges that we have as a company, but I think can be a shared challenge with many other companies across the globe, is that sometimes you not always have the opportunity to break the silence within a large organization. And work really horizontally. And this is something that we really strive to do. Especially when we have specific projects, or innovation-related project, innovation-driven technology project as well. So we try to build a multifunctional team that really can work hand-in-hand, together, to deliver the higher ROI, the better results, the best customer engagement. And be always relevant when it's needed for our customers, for our consumers, and even for our patients, by the way. >> So let's talk about your team then, and how your team fits within Royal Philips. Describe how you've constituted it, how you've put it together, and how it connects into some of the other functions necessary to drive customer experience. >> Yeah, so by the way, I'm very proud of my team, I would say as a start. We, I mean, I build this team in the past three years. And my team is composed in a particular way. I have a portion of the team that is focusing on business-to-consumer CRM, a portion of the team on business-to-business CRM, and then I have, I would say, two layers in between. One is about CRM technology that spans across both domains. And one is about insights. I would say all of them work together. And I really like the fact that, also, the business-to-consumer and the business-to-business team, they can enrich each other. Sharing challenges and really learning from one another. When I think about my, I would say, my product owner, actually we work very, very closely through his team, with the IT department on one end. Because also we own. >> This is the technology person. >> Exactly. The technology side of the story, I would say. Because we own, for example, the market information tooling, Eloqua, that we leverage for any additional campaign management activity on both B2C and B2B. As well as the identity system, et cetera. And, on the other hand, through the insight team, we also work very, very much closely together with enterprise information management teams. So any team who works with databases, with reporting, with advanced analytics, and predictive analytics. So through them and through the more business side of my team, we can build quite nice stories for our experts. >> So you got a B2B practice, a B2C practice, supported by technology and analytics. >> Technology and insights. Exactly, exactly. That's the structure of the team. >> How did you build the team? I mean, talk a little bit about, we talked about the customer journey and CRM and related technologies needing to intercept and serve customers as they seek their solutions and the value propositions that they want to build. How did this play out at Philips? How did it, where did it start, how did it evolve over time to get to where you are? And obviously at some point and time we're going to ask ya, "And where do you think it's going to go?" >> (laughs) Sure. >> But how has it gotten to where it is? >> Sure. I would say, when I started, I had a white, a blank page, a totally blank page. And I started hiring some experts in key areas. Actually, the first expert I hired, where on the technology side. Because we were supposed to, to deploy Eloqua first, for the first time, on a global level. So that was the first piece of the puzzle, together with the insights team, and also with some key expert in terms of B2C and B2B business domains. So then I started realizing, Okay, but this structure needs to make some sense. They need support, they need help. We enable as a, I would say, CRM, a corporate team, any countries across the globe, and any businesses, B2C or B2B. So we deal with a lot of stakeholders. We have multiple stakeholders, and we run and manage multiple projects at the same time. So let's say I started then figure it out, Okay, what are the talents that I need on a business perspective to really make sure that we design the right journeys, that we build the right campaigns, that we can interpret the data properly? So piece by piece I started really filling out all the boxes that I had in my mind. And now, I think this organization is really working. So the team is very motivated, very committed, very passionate. And in the past month, actually also recently, we deliver quite some best practices. So yeah, award-winning best practices. >> Marta, talk about the learnings. You're in a transformation, and CRM certainly is important as you move and transform into the modern era of relationship management with customers. What is the learnings that you have taken away that you can share with folks that are either on a different part of the journey path than you are, or just anything that you would like to share, that would be helpful. >> Yeah, yeah. So when I think about, also what Laura Ipsen, for example, talked about this morning, the marketing heroes. I think, technology is very-- >> Now, Laura Ipsen is the, runs all the modern marketing products that you're holding. >> Yes, exactly. >> She's the head honcho. She's the head honcho, as they say. (laughs) >> SVP of Oracle Marketing Cloud. So when I listen to her, this morning, she was talking about those marketing evils. Also, while talking to Time Warner CMO, and I think in order to start, and to succeed in any transformation, any additional transformation that you want to carry forward with, you really need the right talents, with the right attitudes, with the right skills, with the right mindset, by the way. And I think on one end technology can really help you, can really be a game-changer, a key enabler, but without the right people on your company's side, and also on your vendor's side, that work together with you on a daily basis, you can not achieve great results. >> And what about the partners? You know, Oracle obviously has a good team. We've been following them now for multiple years. It's our eighth year covering Oracle. We've seen the transformation within Oracle. But also they have partners too. I mean, do you interface with them? And what's your advice for folks that are trying to sort their partnership component out with the vendor? >> Yeah, let's say one particularity of my team and what we do everyday, is that we work daily with Oracle and we also like to embrace any other partners that they suggest us to work with. For example, in a recent campaign we beat a huge Black Friday best practice for our North American market and we also scale it globally, achieving great results, and we partnered up on one end with Oracle. Strategic services, expert services, but also with Return Path. Which is one of their, also, I would say, preferred partners. To make of this campaign something really, really good and to ensure a very good broadcasting performance. On the other hand, we also partnered with some of their additional partners that can be related to some apps specifically or some talents that they have internally. And no matter if it's about consultancy, strategy, technical expert. So, yeah, we're pretty much open, very open-minded. And very, I would say we embrace any inputs, any good inputs. Also because, on one end, what is important for us is to share the challenge that we have with our vendors, with our partners, and of course asking for help. But at the same time, we like to onboard them. To make them understood about what's the real challenge. How do we feel about it? We need to have a common sense of purpose. If we really want to, I mean, to take a project to the next level and make it a success. >> So you implement these tools, and put these relationships in place, the productivity and the effectiveness of marketing goes up. >> Marta: Yep. >> How is, therefore, the role of marketing starting to change within Philips as a basis of these new competencies and these new capabilities that, presumably, the rest of the organization finds valuable? >> Let's say, Philips has a great mission. So, we-- >> And one that's transforming, has gone through a lot of change over the last few years. >> Marta: Exactly. >> Pretty successfully, you might add. >> Exactly, exactly. We are a health technology company. We employ 70,000 people across the globe, across a hundred countries. Our mission is to improve people life. Through meaningful innovation that matters to our consumers and to our customers. So I would say this is a huge challenge. We say that we would like to improve three billions people life by 2025. It's a huge mission. And how are we going to do that? Through innovation, through one-on-one customer relationships. So, and this is where, I mean, we also recently, we started focusing more and more on our customer, we started being truly obsessed. No matter if we talk about consumers on B2C domain, or if we talk about customer. So customer obsession is really at the core of any of our marketing activity right now. And it will be even more. By the way, in the past six-to-nine months, we also had the opportunity to have CRM, as well as our, I would say, shop capabilities, becoming core marketing capabilities. Of course this come with a lot of pressure, a lot of, I would say, attention, also-- >> Some sleepless nights. >> Exactly, exactly. But it is quite exciting. And we also would like to continue to invest on our connected proposition. So we also build products, which are connected to apps, and what's the best way to engage? CRM. So what's the best tactics, or strategy, or how can we build a consistent and long-lasting engagement that delivers the higher results and the higher ROI? So that's, I mean, CRM can be really a game-changer there. >> So Philips is quite legendary. And perhaps because of it's Dutch heritage, 'cause the Dutch had to engage a lot of people from a lot of different backgrounds and a lot of places to make their businesses great. And Philips is quite legendary at being responsive to and responsible, responsive to and responsible to a lot of different people on a global basis. How are some of those cultural values being amplified inside Philips as you bring more of this customer obsession to bear? >> Yeah. Yeah. So let's say, Philips is at quarter in the Netherlands. And in the Netherlands, I would say, Dutch people are always ready to listen. You need to always find a sort of consensus before you can move forward with any strategy, or with any project or program. You always listen also to any inputs. Because you want to really make sure that your idea, on one hand, is agreed, on the other hand, is re-analyzed into the least of the details. So what we do is is really try to understand all perspectives, because any point of view can enrich an initial idea that you have. And I would say our business is also so diverse. If you look at all the business units that we have, and sometimes can be difficult to understand Philips as a whole, but in the end every single of our business units really incorporate together to the greater goal of innovation that matters in improving people lives. So you will find this through any of our stories, any of the products that we deliver, that we build, also together with our customers. So I would say, Philips is, has many, but also, can be also be just one at same time. >> It's transforming, as GE says, you know, they went to bed an industrial company one night and woke up a software analytics company. >> Marta: (laughs) Yeah. >> That's really what's happening. >> Exactly. And, you know what, we are also focusing on delivering services and delivering information. Because what we also strive to do, is to work within the health continuum from prevention, to diagnosis, to care, also home care. And this is what we are really aiming to do, at this stage, also, establishing a connection in between a consumer that can also be a patient on the other side, and delivering the right information to the hospital to take care of them. So in this health continuum story it's really a game-changer, I think, within, I would say, a health tech industry. >> And having the data is critical. Marta, final question for you. Take a minute to share what's exciting here at this event. Why is the modern customer experience show this year so important? There's a big buzz around this platform. There's a big buzz about the early days we're in with modern customer experience being thought differently with AI and seeing this beginning trajectory. What should people get excited about? What's the most important thing in your mind? >> I think the first thing I noticed while coming here, okay, first of all, this year the event is a new vibe. I think this event is even more inspiring than the past edition that I have been to. And I think the fact that they renamed also the event into Modern Customer Experience instead of Modern Marketing Event is really a signal that something is changing. Also on Oracle side. And this is what I notice at the first sight and in the end, when yesterday, during Mark Hurd, I would say, keynote, opening keynote, he mentioned the artificial intelligence, I was pretty pleased to see this focus through their, I would say, app environment. Where if you looked at the services that this app is going to be linked to, you won't see the marketing cloud anymore. You see the CX. So it's all about the CX in the end. And this is, in the end, the core. >> They're bringing it together. >> Marta: Yeah, they're bringing it together. >> Well, the technology is the marketing cloud, the outcome is the CX. >> Marta: Yeah. Exactly. So and I think they are going to focus more and more on that. Also, I mean, technology-wise it doesn't make sense to have silos anymore. >> Yeah, what does this mean for you? How does, when you see that, what's the impact to your world? >> I can be only happy. Because we are always challenged to look at the CX, to start with the CX, to produce an even more announced one. So if I look at the opportunity this can bring to us, I can only be very, very positive. Also the focus on AI is truly important. The focus on data, also this morning, Laura Ipsen was talking a lot about the importance of insight and data and how this is going to be a game-changer. And also this morning with Mark Hurd at breakfast, he mentioned data is the new currency. No way. We were also discussing a bit, Okay, third party data, who are the biggest player? And he said, of course, Facebook and Google. (laughs) Of course. But still, the value that every company should build along is owning his own data. Every company should really care to build an extremely good database to start with. Because anyone can have access to third-party data, but this is, can be just an easy escape, easy or fast. >> So you feel-- >> It's first-person data that's going to determine your differentiation. >> Marta: That is the game-changer, for sure. >> And you're excited by the, by Mark Hurd's comments this morning at breakfast. >> Definitely. (laughs) >> He's been on theCUBE, oddly enough. >> Which means he's now excited too. (laughter) >> Mark, if you're watching, we need you back on theCUBE, he's good. He gets the marketplace, he understands the pulse. But he's also a data-driven guy. >> Yeah, pretty much. >> You know, he's old school like us, but Marta, thank you so much for coming on theCUBE. Marta Federici, Head of CRM. Thank you so much, for sharing your perspective and insight and data with us. >> Thank you, thank you. >> This is theCUBE, I'm John with Peter Burris. We'll be back with more from Oracle Modern Customer Experience after this short break. (electronic music)

Published Date : Apr 26 2017

SUMMARY :

Brought to you by Oracle. and extract the signal from noise. that Peter's doing, is the practitioners. This is the whole purpose. Marta: Yeah, yeah. and even for our patients, by the way. and how it connects into some of the other functions And I really like the fact that, also, And, on the other hand, through the insight team, So you got a B2B practice, That's the structure of the team. how did it evolve over time to get to where you are? And in the past month, actually also recently, What is the learnings that you have So when I think about, that you're holding. She's the head honcho, as they say. the right talents, with the right attitudes, to sort their partnership component out with the vendor? is to share the challenge that we have and the effectiveness of marketing goes up. So, we-- And one that's transforming, So customer obsession is really at the core And we also would like to continue to invest 'cause the Dutch had to engage a lot of people And in the Netherlands, I would say, you know, they went to bed an industrial company one night the right information to the hospital And having the data is critical. that this app is going to be linked to, Well, the technology is the marketing cloud, So and I think they are going to and how this is going to be a game-changer. It's first-person data that's going to determine And you're excited by the, (laughs) Which means he's now excited too. He gets the marketplace, he understands the pulse. and data with us. This is theCUBE, I'm John with Peter Burris.

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Catherine Blackmore, Oracle Marketing Cloud | Oracle Modern Customer Experience 2017


 

(energetic upbeat music) >> Host: Live from Las Vegas, it's The CUBE. Covering Oracle Modern Customer Experience 2017. Brought to you by Oracle. >> Welcome back, everyone. We are here live in Las Vegas at the Mandalay Bay for Oracle's Modern CX show, Modern Customer Experience. The Modern Marketing Experience converted into the Modern CX Show. I'm John Furrier with The Cube. My co-host Peter Burris. Day two of coverage. Our next guest is Catherine Blackmore, Global Vice President, Customer Success, Global Customer Success at Oracle Marketing Cloud. Catherine, welcome back to The CUBE. Great to see you. >> Thank you so much for having me here. It's been an incredible week, just amazing. >> Last year we had a great conversation. Remember we had. >> Yes. >> It was one of those customer focused conversations. Because at the end of the day, the customers are the ones putting the products to use, solving their problems. You were on stage at the keynote. The theme here is journeys, and the heroes involved. What was the summary of the keynote? >> Sure. As you say, this theme has really been around heroic marketing moments. And in a way, I wanted to take our marketers and the audience to an experience and a time where I think a lot of folks can either remember or certainly relate where, what was the beginning of really one experience, which was Superman. If you think about heroism and a superhero, well, Superman will come to mind. But I think what was interesting about that is that it was created at a time where most folks were not doing well. It was actually during the Great Depression. And most folks wouldn't realize that Superman almost never came to be. It was an image, an icon, that was created by two teenage boys, Jerry Shuster and Joe Siegal. And what they did is they got audience. They understood, just as two teenage boys, my parents, my family, my community is just not doing well. And we see that folks are trying to escape reality. So we're going to come up with this hero of the people. And in doing so, what's interesting is, they really were bold, they were brave. They presented a new way to escape. And as a result, DC Comics took it up. And they launched, and they sold out every single copy. And I think it's just a really strong message about being able to think about creativity and being bold. Jerry and Joe were really the heroes of that story, which was around. My challenge to the audience is, who's your Superman? What is your creative idea that you need to get out there? Because in many ways, we need to keep moving forward. At the same time, though, balance running a business. >> It's interesting, you did mention Superman and they got passed over. And we do a lot of events in the industry, a lot of them are big data events. And it's one little insight could actually change a business, and most times, some people get passed over because they're not the decision maker or they may be lower in the organization or they may just be, not be knowing what to do. So the question on the Superman theme, I have to ask you, kind of put you on the spot here is, what is the kryptonite for the marketer, okay, because >> (laughing) Yes. >> there's a lot of obstacles in the way. >> Catherine: It is. >> And so people sometimes want to be Superman, but the kryptonite paralyzes them. >> Catherine: Yeah. >> Where's the paralysis? >> It's funny that you say that. I think I actually challenge folks to avoid the kryptonite. There was three things that we really talked about. Number one is, Modern Marketing Experience, it's just an incredible opportunity for folks to think ahead, dream big, be on the bleeding edge. But guess what, we're all going to go on flights, we're going to head home, and Monday morning's going to roll around and we're going to be stuck and running the business. And my inspiration and, really, challenge to the audience and to all of our marketers is how do we live Modern Marketing Experience everyday? How do we keep looking ahead and balance the business? And, really, those heroic marketers are able to do both. But it doesn't stop there. We talked a lot about this week, about talent. Do we have the right team? Kryptonite is not having the right people for today and tomorrow, and then in addition to that, you can't just have a team, you can't just have a vision, but what's your plan? Where actually having the right stakeholders engaged, the right sponsorship, that's certainly probably the ultimate kryptonite if you don't. >> The sponsorships are interesting because the people who actually will empower or have empathy for the users and empower their people and the team have to look for the yes's, not the no's. Right. And that's the theme that we see in the Cloud success stories is, they're looking for the yes. They're trying to get that yes. But they're challenging, but they're not saying no. That's going to shut it down. We've seen that in IT. IT's been a no-no, I was going to say no ops but in this digital transformation with the emphasis on speed, they have to get to the yes. So the question is, in your customer interactions, what are some of those use cases where getting to that yes, we could do this, What are some of the things, is it data availability? >> Catherine: Absolutely. >> Share some color on that. >> I think, So I actually had a wonderful time connecting with Marta Federici, she met with you earlier. And I love her story, because she really talks about the culture and placing the customer at the center of everything they're doing, to the extent that they're telling these stories about why are we doing this? We're trying to save lives, especially in healthcare. And just to have stories and images. And I know some companies do an amazing job of putting the customer up on the wall. When we talk to our customers about how do we actually advance a digital transformation plan? How do we actually align everyone towards this concept of a connected customer experience? It starts with thinking about everyone who touches the customer every day and inspiring them around how they can be part of being a customer centric organization. And that's really, that's really important. That's the formula, and that's what we see. Companies, that they can break through and have that customer conversation, it tends to align folks. >> Interesting. We were talking earlier, Mark Hurd's comment to both the CMO Summit that was happening in a separate part of the hotel here in the convention center, as well as his keynote. He was saying, look, we have all this technology. Why are we doing this one percent improvement? And he was basically saying, we have to get to a model where there's no data department anymore. There never was. >> That's right. >> And there shouldn't be. There shouldn't be, that department takes care of the data. That's kind of the old way of data warehousing. Everyone's a data department, and to your point, that's a liberating, and also enables opportunities. >> It does. We talked a lot. Actually, the CMO Summit that we had as well this week, a lot of our CMOs were talking about the democratization of data. And Elissa from Tableau, I think you also talked to. We talked about, how do you do that? And why, what are those use cases, where, Kristen O'Hara from Time Warner talked about it as well. And I think, that's where we have to go. And I think there's a lot of great examples on stage that I would like to think our marketers, and quite frankly, >> Which one's your favorite, favorite story? >> My favorite story. >> John: Your favorite story. >> Wow, that's really putting me on the spot. >> It's like picking your favorite child. I have four. I always say "well, they're good at this sport, or this kid's good in school." Is there? >> I guess one. >> John: Or ones that you want to highlight. >> Well one that I, because we talked about it today. And it was really a combination of team and plan. Just really highlighting on what Marta's driving. If you think about the challenges of a multinational >> Peter: Again, this is at Philips. >> John: Marta, yeah. >> Catherine: This is Philips, Royal Philips. So Marta, what she's really, her team has been trying to accomplish, both B to C and B to B, and it speaks to data, and it talks about obviously having CRM be kind of that central nervous system so that you can actually align your departments. But then, being able to think about team. They've done a lot of work, really making certain they have the team for today and the future. They're also leveraging partners, which is also key to success. And then, having a plan. We spent time with Royal Philips actually at headquarters a number of weeks ago and they are doing this transformation, this disruptive tour with all of their top folks across, around the world that running their different departments, to really have them up and them think differently which is aligning them around that culture of looking out to the future. >> Peter: Let's talk a bit about thinking differently. And I want to use you as an example. >> Catherine: Sure. >> So your title is Customer Success. Global Vice President, Global Customer Success. What does that mean? >> Sure. I know a lot of folks, I'd like to think that, that's just a household name right now in terms of Customer Success. But I realize it's still a little new and nascent. >> We've seen it elsewhere but it's still not crystal clear what it means. >> Sure, sure. So when I think of Customer Success, the shorter answer is, we help our customers be successful. But that, what does it really mean? And when I think about the evolution of what Customer Success, the department, the profession, the role, has really come to be, it's serving a very important piece of this Cloud story. Go back a decade when we were just getting started actually operationalizing SaaS and thinking about how to actually grow our businesses, we found that there just needed to be a different way of managing our customers and keeping customers, quite frankly. Cause as easy as it is to perhaps land a SaaS customer, and a Cloud customer, because it's easier to stand them up and it's easier for them to purchase, but then they can easily leave you too. And so what we found is, the sales organization, while, obviously understands the customer, they need to go after new customers. They need to grow share. And then in addition to that, in some organizations, there still are services to obviously help our customers be successful. And that's really important, but that is statement-of-work-based. There's a start and a stop and an end to that work. And then obviously there's support that is part of a services experience, but they tend to be queue-based, ticket-based, break-fix. And what we found in all of this is, who ultimately is going be the advocate of the customer? Who's going to help the customer achieve ROI business value and help them ensure that they are managing what they've purchased and getting value, but also looking out towards the future and helping them see what's around the corner. >> Catherine I want to ask the question. One of the themes in your keynote was live in the moment every day as a modern marketing executive, build your team for today and tomorrow, and plan for the future. You mentioned Marta, who was on yesterday, as well as Kristen O'Hara from Time Warner. But she made an interesting comment, because I was trying to dig into her a little bit, because Time Warner, everyone knows Time Warner. So, I was kind of curious. At the same time, it was a success story where there was no old way. It was only a new way, and she had a pilot. And she had enough rope to kind of get started, and do some pilots. So I was really curious in the journey that she had. And one thing she said was, it was a multi-year journey. >> Catherine: Yes. >> And some people just want it tomorrow. They want to go too fast. Talk through your experience with your customer success and this transformation for setting up the team, going on the transformational journey. Is there a clock? Is there a kind of order of magnitude time frame that you've seen, that works for most companies? >> Sure. And actually I want to bring in one more experience that I know folks had here at Modern Marketing, which was, also, Joseph Gordon-Levitt, he actually talked about this very thing. I think a lot of folks related to that because what he's been doing in terms of building out this community and creating crowd-sourced, or I should say, I think he would want to say community-sourced content and creativity. It was about, you can't really think about going big. Like I'm not thinking about feature film. I'm thinking about short video clips, and then you build. And I think everyone, the audience, like okay I get that. And Kristen's saying, it took many little moments to get to the big moment. I think folks want to do it all, right at the very beginning. >> John: The Big Bang Theory, just add, >> Absolutely. >> Just add water, and instant Modern Marketing. >> It is, it is. >> John: And it's hard. >> And what we have found, and this is why the planning part is so important, because what you have to do, and it might not be the marketer. The marketer, that VP of Marketing, even that CMO may know, it's going to be a three year journey. But sometimes it's that CEO, Board of Director alignment that's really required to mark, this is the journey. This is what year one's going to look like. This is what we're going to accomplish year two. There may be some ups and downs through this, because we need to transform sales, we need to transform back in operations in terms of how we're going to retire old processes and do new. And in doing so, we're going to get to this end state. But you need all of your stakeholders to be engaged, otherwise you do get that pressure to go big because, you know what Mark was saying, I've got 18 months, we need to be able to show improvement right away. >> We were talking about CIOs on another show that I was doing with Peter. And I think Peter made the comment that the CIO's job sometimes doesn't last three years. So these transformations can't be three years. They got to get things going quicker, more parallel. So it sounds like you guys are sharing data here at the event among peers >> Catherine: Yes. >> around these expectations. Is there anything in terms of the playbook? >> Catherine: Yes. >> Is it parallel, a lot of AGILE going on? How do you get those little wins for that big moment? >> So I think this is where the, what I would call, the League of Justice. You got to call in that League of Justice. For all you Superman out there. Because in many ways you're really challenged with running the business, and I think that's the pressure all of us are under. But when you think about speeding up that journey, it really is engaging partners, engaging, Oracle Marketing Cloud, our success and services team. I know you're going to be talking to Tony a little bit about some of the things we're building but that's where we can really come in and help accelerate and really demonstrate business value along the way. >> Well one more question I had for you. On the show floor, I noticed, was a lot of great traffic. Did you guys do anything different this year compared to last year when we talked to make this show a little bit more fluid? Because it seems to me the hallway conversation has been all about the adaptive intelligence and data is in every conversation that we have right now. What have you guys done differently? Did it magically just come to you, (Catherine laughing) Say, we're going to have to tighten it up this year? What was the aha moment between last year and this year? It's like night and day. >> I would like to think that we are our first and best customer, because as we ourselves are delivering technology, we ourselves also have to live what we tell our customers to do every day. Look at the data, look at the feedback. Understand what customers are telling you. How can you help customers achieve value? And we think of this as an important moment for our partners and our companies, that are here spending money and spending time to be here, achieve value. What we've done is really create an experience where it's so much easier to have those conversations. Really understanding the flow of traffic, and how we can actually ensure people are able to experience our partners, get to know them, get to know other customers. A lot of folks, too, have been saying, love keynote, love these different breakout sessions, but I want to connect with other folks going through that same thing that I am, so I can get some gems, get some ideas that I can pick up. >> And peer review is key in that. They talk to each other. >> Exactly. That's right, that's right. And so we've really enabled that, the way that we've laid out the experience this year. And I know it's even going to be better next year. Cause I know we're going to collect a lot more data. >> Well last year we talked a lot about data being horizontally scalable. That's all people are talking about now, is making that data free. The question for you is, in the customer success journeys you've been involved, what's the progress bar of the customer in terms of, because we live in Silicon Valley. So oh yeah, data driven marketer! Everyone's that. Well, not really. People are now putting the training wheels on to get there. Where are we on the progress bar for that data driven marketer, where there's really, the empathy for the users is there. There's no on that doubts that. But there's the empowerment piece in the organization. Talk about that piece. Where are we in that truly data driven marketer? >> Oh, we're still early days. It was obvious in talking to our various CMO's. We were talking about talent and the change, and what the team and the landscape needs to look like to respond to certainly what we've experienced in technology over the last number of years and then even what was introduced today. That level of, I need to have more folks that really understand data on my team but I'll tell you, I think the thing that's really interesting though about what we've been driving around technology and specifically AI. I love what Steve said, by the way, which is if a company is presenting AI as magic, well the trick's on you. Because truly, it's not that easy. So I think the thing that we need to think about and we will work with our customers on is that there's certainly a need and you have to be data driven but at the same time, we want to be innovation ready and looking and helping our customers see the future to the extent that how we think about what we're introducing is very practical. There's ways that we can help our customers achieve success in understanding their audience in a way that is, I wouldn't say, it's just practical. We can help them with use cases, and the way the technology is helping them do that, I think we're going to see a lot of great results this year. >> AI is great, I love to promote AI hype because it just makes software more cooler and mainstream, but I always get asked the question, how do you evaluate whether something is BS in AI or real? And I go, well first of all, what is AI? It's a whole 'nother story. It is augmented intelligence, that's my definition of it. But I always say, "It's great sizzle. Look for the steak." So if someone says AI, you got to look on the grill, and see what's on there, because if they have substance, it's okay to put a little sizzle on it. So to me, I'm cool with that. Some people just say, oh we have an AI magical algorithm. Uh, it's just predictive analytics. >> Catherine: Yes. >> So that's not really AI. I mean, you could say you're using data. So how do you talk to customers when they say, "Hey, AI magic or real? How do I grok that?" How do I figure it out? >> I think it's an important advancement, but we can't be distracted by words we place on things that have probably been around for a little while. It's an important way to think about the technology, and I think even Steve mentioned it on stage. But I think we're helping customers be smarter and empowering them to be able to leverage data in an easier way, and that's what we have to do. Help them, and I know this is talked a lot, not take the human and the people factor out because that's still required, but we're going to help them be able to concentrate on what they do best, whether it's, I don't want to have to diminish my creative team by hiring a bunch of data scientists. We don't want that. We want to be able to help brands and companies still focus on really understanding customers. >> You know, AI may be almost as old as Superman. >> Catherine: (laughing) I think you're right. >> Yeah, because it all comes back to Turing's test of whether or not you can tell the difference between a machine and a human being, and that was the 1930s. >> Well, neural networks is a computer science. It's a great concept, but with compute and with data these things really become interesting now. >> Peter: It becomes possible. >> Yeah, and it's super fun. But it promotes nuanced things like machine learning and Internet Of Things. These are geeky under-the-hood stuff that most marketers are like, uh what? Yeah, a human wearing a gadget is an Internet of Things device. That's important data. So then if you look at it that way, AI can be just a way to kind of mentally think about it. >> That's right, that's right. >> I think that's cool for me, I can deal with that. Okay, final question, Catherine, for you. >> Catherine: Yes. >> What's the most important thing that you think folks should walk away from Modern CX this year? What would you share from this show, given that, on the keynote, CMO Summit, hallways, exhibits, breakouts, if there's a theme or a catalyst or one? >> Peter: What should they put in the trip report? >> It's all about the people. I think that, if I were to distill it down, you think about that word bubble chart, that's people. I think that's the biggest word that came out of this. As much as technology is important, it's going to enable us, it's going to enable our people, and it's going to put a lot of attention on our talent and our folks that are going to be able to take our customers to the next level. >> And then people are the ones that are generating the data too, that want experiences, to them. >> Catherine: That's right. >> It's a people centric culture. >> Catherine: It is. >> Catherine Blackmore here on site, The CUBE, at Modern CX's The CUBE, with more live coverage here from the Mandalay Bay in Las Vegas, live after this short break. (electronic music)

Published Date : Apr 27 2017

SUMMARY :

Brought to you by Oracle. We are here live in Las Vegas at the Mandalay Bay Thank you so much for having me here. Remember we had. putting the products to use, solving their problems. and the audience to an experience and a time So the question on the Superman theme, I have to ask you, And so people sometimes want to be Superman, I think I actually challenge folks to avoid the kryptonite. And that's the theme that we see And just to have stories and images. And he was basically saying, we have to get to a model There shouldn't be, that department takes care of the data. And Elissa from Tableau, I think you also talked to. I always say "well, they're good at this sport, And it was really a combination of team and plan. and it speaks to data, And I want to use you as an example. What does that mean? I'd like to think that, that's just but it's still not crystal clear what it means. the profession, the role, has really come to be, And she had enough rope to kind of get started, And some people just want it tomorrow. I think a lot of folks related to that and it might not be the marketer. And I think Peter made the comment that Is there anything in terms of the playbook? about some of the things we're building and data is in every conversation that we have right now. and spending time to be here, achieve value. They talk to each other. And I know it's even going to be better next year. in the customer success journeys you've been involved, to the extent that how we think about And I go, well first of all, what is AI? I mean, you could say you're using data. and empowering them to be able to leverage data and that was the 1930s. It's a great concept, but with compute and with data So then if you look at it that way, I think that's cool for me, I can deal with that. and it's going to put a lot of attention that are generating the data too, from the Mandalay Bay in Las Vegas,

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Steve Krause, Oracle Marketing Cloud - Oracle Modern Customer Experience #ModernCX - #theCUBE


 

>> Announcer: Live from Las Vegas, it's the Cube! Covering Oracle Modern Customer Experience 2017. Brought to you by Oracle. (light, upbeat music) >> Hey, welcome back everyone. We're here live in Las Vegas at the Mandalay Bay. This is the Cube. Silicon Angle's flagship program, where we go out to the events and extract the noise. I'm John Furrier with my co-host Peter Burris, Head of Research at Silicon Angle, Wikibon.com. And our next guest is Steve Krauss, Group Vice President of Product Management for Oracle Marketing Cloud. Great to see you again, welcome back to the cube. >> Thank you John. >> So a lot of great announcements today. I want to just jump into it. First of all, you've got a great job. You've got the product side. You've been busy this year, so congratulations. Some announcements I want to get your reaction to that we saw today. The Adaptive Intelligence, love that. I love how it speaks to the data in motion, real time needs of applications. >> Peter: 150 milliseconds >> 150 milliseconds boot shot. We got that on the queue, so it's on the record. It's going to be good, it's going to be good. And also the chat bot thing, which big fan of chat bots as an illustration of what's coming. Not so much as chat bots by themselves, but it does speak to the new user interactions, the new interfaces, new ways to notify and inform as part of that experience. This is some heavy tech, so I want, the first question is AI. Everyone seems to be washing thereselves. Oh, we've got A.I. >> Yeah, Yeah. >> Well that's just predictive analytics, that's been done before. >> Steve: M-Hmm. But Augmented Intelligence or Artificial Intelligence and Neural Networks have been around for a while. What are you guys doing specifically on the product side? Because this is super exciting announcements, to make Adaptive Intelligence work, what's the key tech? >> Steve: Yeah, Well there's a couple things. In fact, I think often when people talk about AI, they want to go immediately to the algorithms and think that somehow that is the only secret sauce. And the reality is, you know, like a lot of things in the world of computing, you put bad data into one of these things and you get bad results out. You put good data, you get good results. You put better data, that's when things start getting really interesting. And so one of the neat things about the marketing version of Adaptive Intelligence is called Adaptive Intelligence Offers, is that it has the ability to not just take the data that the marketer has, but it can reach into something called the Oracle Data Cloud and get additional data to drive better signal into the AI algorithms to make them run better. So we're bringing a data advantage to the table, and then probably as you've heard from the AI apps people, there's already a heritage at Oracle for building these real time decisioning systems. And so you've got these algorithms that are real time, that can adapt every click, update themselves, make the models go better. If you've tracked data mining for a long time, data mining contests, honestly the winner in second place is usually a very small margin. We think really that data piece is going to be the thing that's going to be the biggest differentiator. Because there's a lot of smart people with really great adaptive algorithms. So we're bringing both to the table. >> John: Okay, data or algorithms, there's always been the chicken in the egg syndrome. >> Yeah. >> Is it algorithms or the data, data or algorithms? A lot of people are voting in the crowd, that conversation we're involved in, data trumps algorithms. >> Steve: I would vote that way as well. I think there's far greater variance in what you can do with data if you collect it in a smart way. And in the case of Oracle, we've assembled this massive data cloud. It's not something someone else can casually do. The reality is with a lot of the algorithms, Google's open sourcing a lot of tents are slow, and so we'll see. I mean, it's not like we are chumps with the algorithms. We take that stuff very seriously, but the data itself just make everything more better. >> John: But the right tool for the right job is the same premise, you articulate for algorithms. Pick your tool, pick your algorithm, but if you don't have the data, you're SOL anyway. >> Peter: As you've mentioned John, the algorithms have been around a long time. What's new is that we now have so many more data sources, so we have data for the first time. >> John: And massive compute. >> And now we have massive compute that can be set up easily, so we actually do something with it. I want to point out, I want to test ya on this, we had Jack Berkowitz on honorly which is the source the 150 millisecond. Jack noted that Oracle aspires to be able to have the right answer anywhere in the world inside 150 milliseconds. Which is an amazing, amazing vision, and for most people who think of the cloud, they think of data flying all over the place. >> Steve: Yeah. For you guys, Jack said something very interesting, and I want to, as a proof point, Jack said, "Yeah but sometimes you don't have to move the data." >> Steve: Yes. >> And one of the advantages that you guys have, I think, which is what I want to test you on, is that by having a relatively complete, installed set of capabilities, you have that primary person data-first person data, and there is an advantage to not having to move it. Could you just articulate that a little bit? What does that... >> John: Is that true? >> First of all, is that true, and what kind of possibilities does that open up for Oracle and Oracle customers if it is true? >> Steve: Well yeah, I think you are onto something. Oracle obviously has the long heritage of having many enterprises and government's data in Oracle systems already in the first place. And those investments have been made. And so when you start talking about, "Let's add to that, let's add applications like Adaptive Intelligence offers." Well instead of saying we have to do these massive data transfers it may well be the case at this point that that data is resident an Oracle data center in the first place, and of course Oracle owns its own data centers. These are all world wide, so there's a bunch of advantages to the Oracle scale here. And one of them is that we don't have to move the mountain. Right? The mountain is already in the Oracle database, and we can go and put these services next to it that allow an ease of integration. And John, we were talking about this before we started here. It matters to make this stuff work fast when its a year long project to see if maybe its going to fly. That's no longer a reasonable thing, and so agility matters. Having the data where you already need it is great. >> John: Well and also the trend is system of record database and mountains of corpuses of stuff that you can tap into which you are pointing out, but also, I believe that the winner of all this will use a term that's used in the cloud industry: Standing Up Apps. >> Steve: Uh-huh. And I think that one of the things that's very clear to me if you look at the SAS marketplace where it's, and I think Mark Hurd said this, "There is no past, it's a SAS." So, in infrastructure, so and you kind of see in the separation, you have to have stuff done in weeks-apps. And I mean literally, not months, weeks. >> Steve: Yeah. >> And I would argue that minutes become it. So with that as a backdrop, how do you look at microservices? Because now, if look at, out of the move the data, so I might want to compose something and send it somewhere else, and move an app to the edge of the network or have a retail lab or do something in email. So now I can compose an app from data here and then move it so that brings up orchestration, microservices, and some of these cloud native concepts. How do you guys deal with that? >> Steve: Yeah, well let me give you the marketing part of this in terms of the Oracle Marketing Cloud. Because there are so many parts of Oracle, they have their own versions. For us, one of the big things we want is to have this concept called Orchestration that says if I'm a marketer, I should be able to reach my customer wherever he or she welcomes my messaging. These days, it no longer is just email. These are people who getting mobile messaging, they're potentially interacting with things like chat bots, it's become very fragmented. And so what Oracle wants to do is provide these Orchestration systems that allow apps plug in some that we build, but others that third parties build. So that as this complexity increases and there's more ways you can communicate, we can keep up with this in an agile way either ourselves or with others who do this really well. So that's one of the theories. >> John: It's the marketing cloud plus it's broader Oracle suite-cloud suite. >> Steve: Beautiful, yes. It's the Oracle Cloud suite which includes Oracle CX. It also includes something that we call the Oracle Marketing App Cloud, which is this third party ecosystem. Because we're Oracle, we have a lot of customers, we have hundreds of companies that say, "Yeah, I would love my stuff to get in the hands of Oracle's customer base." The way I'm going to do it is I'm going to make a turn key integration. So that when they buy it from me, they can just request turn it on for Oracle, and it will, again as you said, "Don't make it weeks, make it minutes." It's minutes when the integration is already done. >> So software business Larry Ellison, founder of Oracle, still around one of the legends of the industry. Larry, if you're watching, you're still hanging around, taking names and kicking butt. Started off with shrink wrap software, then download on the internet, then you SAS, now you have SAS plus coming on. Which is smarter apps, smarter customer experience. So it begs the question on this next journey for customers, it's going to be really cloud all the way right. >> Steve: Yeah. >> So you're going to have to have this cloud component, you guys have a strategy there. Isn't Oracle moving away from, a smarter CX's data by the way, so Oracle's no longer a software company. You're a data company. >> Steve: M-hmm. >> Data is eating the world. Yeah no, software is eating the world, which Marc Andreessen wrote, now data is eating software. >> Steve: Uh-huh. How do you view that because some people say that software is never going to go away. But data is becoming much more of a front burner issue, vis-a-vis just like software was in software development. >> Steve: Sure, well I think some of this is just semantics as where software leave off and data begin. But a great example is the thing you talked about earlier, Adaptive Intelligence, where part of the power of this, what makes it different from what you can get elsewhere is that it comes with data included that is different data then is available from anyone else. And so, in fact, you know Oracle, when it made the big investment in the data cloud, people I think thought, "What are you doing, you just set up a vending machine for data? Is that what Oracle's going to be about?". And the answer there is no. I mean there is a good data business, but where it gets profound is when that strategic asset, all that data, all of the sudden enables new products like Adaptive Intelligence Offers to be fundamentally different than came before. >> John: It's an enabling technology. >> It can be absolutely, yes. >> John: Data is enabling. It brings to life apps and then offers new apps opportunities. That's what you said. >> Steve: Yes, and marking data very much is the fuel for the marketing engine. So you get richer fuel, you will get richer results. >> John: Alright, so we're getting down the weeds here, so bottom line, let's up level it up for the person that's watching and saying, "Hey, I got the message." >> Steve: Yeah. >> "Data is super important." >> Steve: Yeah. Bottom line, what is happening this week here in Modern CX that's important for the person that has to scratch their head, isn't inside the ropes in the industry? What's going off of their world? What should they be thinking about? How should they be planning their life moving forward in this new modern era of marketing? >> Steve: Yeah, so I think the big things announced this week definitely involves things like a new level of being able to do recommendations of offers and products using the Oracle Data Cloud. It involves conversational user interfaces such as the new chat bot's platform. And in the case of the marketing cloud, we've got a series of products that have come out that allow a greater degree of self service for both marketers as well as their stakeholders like sales people. So how does the sales person get the output of a marketing automation system? Sales people aren't necessarily known for assiduously going and looking for marketing assets. We've got some new things around, for example, content portals. We've got some new things around features that let people be more autonomous in getting their own work done rather than needing to go to some other system somewhere. >> John: Awesome. And the customer we had on this morning from Royal Philips, really was the head of CRM. So customer relationship management is not a new concept obviously, you guys have a big chunk of business there in the software side of it. But customer relationship management, that is marketing cloud now >> Steve: M-Hmm. >> and customer experiences. So you're starting to see that really go to the next level. What's the big take away for the person at home? Watching in their businesses as they go on their journeys. How should they be thinking about the customer relationship? >> Peter: Well, that's a big question. I think for a CRM oriented person who maybe started out in something like database marketing, where you had a list, and you somehow try to learn about people on the list, that world has gotten a lot bigger now. Where it used to be you learned about someone once they became your customer. These days, though various advertising technologies, you can learn about people you don't yet know, but you know of their existence. And you can start creating that relationship, hoping to draw them in maybe with ads to the point where they do self identify. So there's this whole front end to CRM that is showing up in ad tech with things like DMP's-Data Management Platforms, that solve the same problem, but do it in these whole other realms. >> John: And new channels. Adaptive Intelligence, I think, is an awesome position. Love that Adaptive Intelligence Apps, Apps being stood up on a platform. You guys have it. >> Steve: Yes. >> Where's the next level? Take us through, you run the product rode map. You know, share with the folks, what's on the road maps? What should they be expecting more from Oracle, where are you going to be doubling down, where's the work you filling the white spaces, and what should they expect of the next year? >> Steve: Sure. Well, at least in my key note this morning which again focused on marketing, we had four themes. One was intelligence, we already talked about that one quite a bit. Another is mobile, and that's not just mobile like chat bots, but it's actually mobilizing the experience of our customers' customers for the marketing. So example of this, we have a product called the Eloqua which lots of email can be sent. They have a new email designer that inherently builds responsively designed emails. So those are the ones you open up on your phone that look good, you open on the desktop they look good. That's how it all should work. Unfortunately, it's not for a lot of folks today. So just having that be part of the tooling, big deal. So that's the mobile part. We talked a bit about self service, that's theme number three. And the fourth theme is actually a bit of a sleeper, it's about taking another pass through some of the core technologies we already have that people use the most, and being able to find... >> John: Like what? >> Maximizer a test and targeting a personalization tool. Used by a lot of our customers, the fundamental thing you do inside maximizer is you live in a campaign designer. And it allows you to adjust various parts of a webpage for testing, targeting, and personalization. We've got an entirely new way to do that that's based on an analysis of what do people do when they use this and how can we shave off some number of clicks per session? How can we make it less error prone when people are deciding what to do? How can we make more performant? You talked about 150 milliseconds, how about if we just eliminate the save button altogether so that anything you do automatically saves in the background. You don't have to reload anything. That kind of stuff comes from watching people use the product and realizing, wow, they're in there all day long. If we can just make all of those things a little better, over a course of a year, that's huge. >> John: So basically, we're looking at the core jewels and the platform and making it simpler, reducing the steps to do things, just end up being more efficient in some of the proven tools. >> Steve: Exactly, and in the speech this morning, we said, "Hey look, we don't talk about this enough." >> John: That's not a sleeper that's good. >> The tendency is to come out here, and we all want to talk about everything that's new like AI and the people who are our actual customers. They're seeing pearls rain from the sky when all of the sudden something that took them 12 minutes to do at a time now takes eight, and they do that 2000 times a year. >> John: I always say it's a great business model by, you know, making things simpler, reducing the time to do things and steps >> Steve: Yeah >> and making things intuitive and easy to use. Which it sounds like you're doing, but now let's talk about the glamor side of it. Because I think AI and chat bots speaks to the future, what other glam do you see happening out there right now? Obviously, AI is hot right now. >> Steve: Yeah, I think the other glam at this point is a little more speculative at least as it applies to my area with marketing like Augmented Reality, Virtual Reality, and so on. There's also internet of things. Certainly that world is changing. There are more devices of various types that can talk to the network. We've got a customer, you may be familiar with it, a sleep number bed company, the ones that have the bed where you can pick your number. That's actually a connected device, and so there's some interesting things that can be done there with careful discretion about what data you're collecting. But when we started thinking about, incidentally, so many things that in the past used to be a inert objects are generating data. That can feed into various applications whether it's marketing or other areas. >> John: And more data's coming in, it's just not stopping. >> And it's great for Oracle because if Oracle is good at anything it's good at dealing with very large scale data. That's been the business for a long time, and the trend won't change. There will continue to be larger and larger scale data. >> Steve, final point, what's the theme of the show this year besides the messaging that you have? What do you seeing that's happening here that's evolving? What's the top story here? >> Steve: Well, you know we did a customer advisory board meeting here for the marketing cloud, and I think if I were going to ask the customers what their top story is, I think their top story is they themselves want to continue becoming more customer centric. Everybody talks about it. Well of course, we should be that way. But so many companies grew up doing things like focusing on the thing we're selling, they're being offer centric. And so organizationally changing, using the technologies like we have so they can create the kinds of experiences, we call them the connected customer experience that they themselves want to have. It's a bit challenge, and so their permissions are to say transform ourselves to be from the tech down to the organizational incentives, truly customer centric. >> John: Steve Krauss, Group Vice President of Product Management Oracle Marketing Cloud. Great to see you. Thanks for sharing the insight of the real road map and all the exciting stuff happening here and your clean up this morning, congratulations. I'm John Furrier and Peter Burris. More live coverage coming up here at the Mandalay Bay in Las Vegas with the Cube after this short break. (live upbeat music)

Published Date : Apr 26 2017

SUMMARY :

Brought to you by Oracle. This is the Cube. You've got the product side. We got that on the queue, so it's on the record. Well that's just predictive analytics, What are you guys doing specifically on the product side? is that it has the ability to not just take the data chicken in the egg syndrome. Is it algorithms or the data, data or algorithms? And in the case of Oracle, is the same premise, you articulate for algorithms. the algorithms have been around a long time. anywhere in the world inside 150 milliseconds. "Yeah but sometimes you don't have to move the data." And one of the advantages that you guys have, Having the data where you already need it is great. of stuff that you can tap into so and you kind of see in the separation, out of the move the data, of the Oracle Marketing Cloud. John: It's the marketing cloud and it will, again as you said, So it begs the question on this next journey for customers, a smarter CX's data by the way, Data is eating the world. that software is never going to go away. But a great example is the thing you talked about earlier, That's what you said. So you get richer fuel, you will get richer results. "Hey, I got the message." for the person that has to scratch their head, And in the case of the marketing cloud, And the customer we had on this morning What's the big take away for the person at home? that solve the same problem, Love that Adaptive Intelligence Apps, Where's the next level? of the core technologies we already have the fundamental thing you do inside maximizer and making it simpler, reducing the steps to do things, Steve: Exactly, and in the speech this morning, like AI and the people who are our actual customers. but now let's talk about the glamor side of it. the ones that have the bed where you can pick your number. and the trend won't change. for the marketing cloud, and all the exciting stuff happening here

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