Chris Matty, founder and CEO of data technology platform Versium, explains the baseline data quality issues marketing organizations face prior to implementing predictive analytics.
0:00 / 0:03exact quote · 3.6s
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“For example, 40 to 50% of data in a CRM is not usable.”
quote is from the automated transcript, cleaned for reading:
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More from Chris Matty
AssertionNot checkable as stated
Matty: Versium drives substantial growth via agency channel partners
“We do have a small direct sales team, but we're seeing substantial growth using channel strategies and partners to get to market.”
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AssertionSupported
Matty: Accenture Is Now the Fastest-Growing Digital Agency
“Accenture is the fastest growing digital agency now.”
Chris MattyMar 29, 2019▶ 6:301343 Data Cleaning and Analytics Tool Passes $7m ARR, Raising $20m on $80m Pre
Opinion
Matty: B2B digital ad tech is nascent due to consumer-focused targeting
“The B to B ad tech arena in terms of digital has been pretty nascent because most of the targeting in the digital ad tech is tied to consumer entity data.”
Chris MattyMar 29, 2019▶ 10:071343 Data Cleaning and Analytics Tool Passes $7m ARR, Raising $20m on $80m Pre
AssertionNot checkable as stated
Matty: Versium overlays consumer data onto business data to 4x reach
“We have the unique ability to overlay consumer entity data on the business data that allows us to target an increased reach by four X.”
Chris MattyMar 29, 2019▶ 10:151343 Data Cleaning and Analytics Tool Passes $7m ARR, Raising $20m on $80m Pre
AssertionNot checkable as stated
Matty: Versium owns its data and doesn't license from Acxiom or D&B
“So what's interesting, we own all of our data, right? So we're not licensing data from the axioms and DMVs. In fact, we supply data to companies like that.”
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Insight
Matty: Pure data businesses receive commodity multiples unlike tech companies
“So data is a commodity. If you're just a day in a business, you're going to be treated as a commodity. If you're a technology company, you're going to get the multiples.”
Chris MattyMar 29, 2019▶ 14:161343 Data Cleaning and Analytics Tool Passes $7m ARR, Raising $20m on $80m Pre
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