JM Online Marketing

885 West Georgia Street,

Suite 1480, Vancouver, British Columbia, V6C 3E8, Canada

5200 Yonge St.

2nd Floor, North York, ON Canada M2N 0E9

125 Park Avenue

25th Floor, New York City, NY USA 10017

8383 Wilshire Blvd

Suite 800, Beverly Hills, California, 90211, USA

+1 647.996.7389

+1 845 784 9769
24/7 Support

Report – ENTERPRISE DIGITAL EXPERIENCE PLATFORMS_cr_Martech

digital marketing agency toronto digital marketing toronto digital marketing jobs toronto digital marketing company toronto digital marketing agencies toronto toronto digital marketing agency digital marketing course toronto digital marketing courses toronto toronto digital marketing digital marketing agency in toronto digital marketing companies toronto digital marketing companies in toronto toronto digital marketing company digital marketing company in toronto digital marketing internship toronto digital marketing jobs in toronto best digital marketing agency toronto digital marketing salary toronto digital marketing firms toronto university of toronto digital marketing digital marketing in toronto toronto digital marketing firm digital marketing service toronto digital marketing university of toronto digital marketing job toronto digital marketing coordinator salary toronto digital marketing firm toronto digital marketing conference toronto university of toronto digital marketing certificate entry level digital marketing jobs toronto top digital marketing agencies in toronto digital marketing agencies in toronto digital marketing jobs toronto entry level digital marketing toronto milliondev digital marketing certificate toronto best digital marketing agencies in toronto digital marketing specialist salary toronto digital marketing services in toronto digital marketing services toronto digital marketing bootcamp toronto digital marketing specialist toronto digital marketing manager salary toronto digital marketing programs toronto digital marketing program toronto digital marketing course in toronto toronto digital marketing jobs digital marketing toronto jobs digital marketing consultant toronto digital marketing company toronto milliondev masters in digital marketing toronto digital marketing courses in toronto top digital marketing agencies toronto digital marketing diploma toronto best digital marketing agency in toronto toronto digital marketing consultant toronto digital marketing services digital marketing intern toronto marketing digital toronto real estate digital marketing agency toronto iconica communications inc. best digital marketing company in toronto real estate digital marketing agency toronto i digital marketing summer course toronto digital marketing strategy toronto digital marketing toronto canada digital marketing toronto bran toronto digital marketing inc. digital marketing agency toronto brand best digital marketing company toronto digital marketing recruitment agencies toronto best digital marketing courses toronto top digital marketing companies in toronto digital marketing certificate university of toronto king digital marketing toronto digital marketing management certificate university of toronto best digital marketing in toronto online business: build your own digital marketing business, university of toronto, november 26 digital marketing agency in toronto futureworktechnologies digital media marketing toronto digital marketing meetup toronto digital marketing toronto brandlume inc. real estate digital marketing agency toronto ico study digital marketing in toronto the best digital marketing courses in toronto online digital marketing program toronto part time digital marketing jobs toronto realtor digital marketing toronto digital marketing toronto and canada digital marketing toronto b toronto digital marketing agencies toronto digital marketing companies toronto digital marketing conference digital marketing management university of toronto senior digital marketing manager salary toronto [digital marketing agency toronto] toronto healthcare digital marketing digital marketing company toronto b world famous digital marketing agency toronto real estate digital marketing agency toronto ic digital marketing conferences 2020 toronto grand marketing - digital agency toronto digital marketing agency toronto real estate best digital marketing agencies toronto digital-marketing-services-toronto digital marketing companies in toronto future work technologies c2 digital marketing | toronto seo agency digital marketing services toronto on wsi comandix - toronto web design and digital marketing agency top digital marketing toronto online business: build your own digital marketing business, university of toronto, november 3 digital marketing services near toronto area digital marketing director salary toronto digital marketing corporate training toronto digital marketing agency jobs toronto digital marketing conferences 2019 toronto digital marketing recruiters toronto digital marketing strategist toronto digital marketing agency near toronto digital marketing agency for small business toronto digital marketing certificate toronto online artifakt digital | a real estate marketing agency, 2 pardee ave suite 300, toronto, on m6k 3h5 zonecloud.net | website design • seo • top digital marketing agency toronto digital marketing intern salary toronto digital marketing course in canada toronto real estate digital marketing agency toronto digital marketing summit toronto top digital marketing agency in toronto digital marketing course in toronto canada digital marketing company toronto bran digital marketing services toronto canada social media digital marketing agency toronto digital marketing salary in toronto digital marketing agency toronto brandlume inc. digital marketing course university of toronto toronto school of management digital marketing digital marketing toronto agency digital marketing services in canada - the digital cubes toronto photos turnkey digital marketing toronto digital marketing agency toronto bra digital marketing college toronto real estate digital marketing agency toronto iconi toronto digital marketing courses digital marketing recruiter toronto digital marketing jobs toronto salary digital marketing toronto ontario digital marketing toronto on digital marketing events toronto digital marketing agency toronto bran ppc digital marketing toronto digital marketing assistant salary toronto wsi comandix marketing inc. - toronto web design and digital marketing agency online digital marketing course toronto digital marketing toronto university affordable digital marketing agency toronto digital marketing manager toronto arcane digital marketing toronto digital marketing agency toronto jobs top toronto digital marketing agencies digital marketing course in university of toronto digital marketing specialist jobs toronto jobs in digital marketing toronto digital marketing company toronto brandlume inc. digital marketing classes toronto top toronto digital marketing agency digital marketing serv toronto on akhilesh digital marketing toronto toronto digital marketing inc digital marketing toronto course digital marketing solutions toronto best digital marketing course toronto digital marketing analyst salary toronto toronto digital marketing events digital marketing for financial services summit toronto learn digital marketing toronto digital marketing consultant in toronto digital marketing services in canada - the digital cubes toronto reviews digital marketing expert toronto seo digital marketing toronto digital marketing workshop toronto top digital marketing agency toronto digital marketing conference toronto 2017 digital marketing for financial services summit, hyatt regency toronto, 4 jun full service digital marketing toronto digital marketing agency toronto br best digital marketing companies in toronto toronto digital marketing news best digital marketing toronto toronto digital marketing specialist digital marketing internships toronto university of toronto digital marketing bootcamp real estate digital marketing agency toronto icon digital marketing real estate toronto digital marketing manager jobs toronto digital marketing training toronto mer digital marketing agency toronto toronto digital marketing strategy digital marketing manager toronto salary digital marketing consultancy in toronto premier digital marketing toronto blog digital marketing toronto affordable digital marketing toronto ecommerce digital marketing toronto digital marketing courses toronto online digital and social media marketing corporate training toronto toronto digital marketing groups digital marketing salaries toronto digital marketing service toronto ontario digital marketing agency toronto b top digital marketing company in toronto digital marketing agency in toronto qc ecommerce digital marketing agency toronto digital marketing toronto br online business: build your own digital marketing business, university of toronto, december 5 123 total web solutions - web design company toronto, canada | digital marketing toronto digital marketing classes digital marketing blog toronto digital marketing specialist job toronto digital marketing service in toronto colleges in toronto for digital marketing digital marketing experts toronto toronto digital marketing boot camp

Market overview – The evolution of DXPs in response to business needs

The core capability of the digital experience platform (DXP) is managing and delivering the digital user experience — primarily web pages, but also mobile apps and other types of content — a need that has long been served by content management systems (CMS). While the growth of CMSs let marketers wrest control over websites from the IT department, which was largely in charge of the early web, marketers’ needs have grown beyond CMSs’ ability to meet them in recent years.

Over time, businesses have undergone digital transformations to drive efficiencies, remain competitive in the marketplace and respond to changes in customer behavior. To perform everything expected of a modern marketing operation, marketers adopted adjacent technologies to enhance what their CMS was able to do.

Web analytics helped marketers gather data about user behavior and the conversion funnel, with more sophisticated optimization systems allowing for A/B and multivariate testing. Customer journey analytics (CJA) gave marketers a more sophisticated sense of the path users take on the route to purchase. For many businesses, e-commerce capabilities became essential to their digital operations. Connecting all the data in these systems to the right customer or prospect and keeping track of it all required a customer relationship management (CRM) tool or even a customer data platform (CDP).

 Interest in digital experience and headless CMSs, is growing

Applying the insights gained required another set of tools for orchestration, and making sure digital platforms were safe, reliable and fast required technologies like content delivery networks (CDNs). Meanwhile, marketers and developers have grown frustrated by traditional CMSs as they sought to take advantage of lightweight frameworks for modern user interface development — such as React or Bootstrap — and the JAMstack, with the capital letters representing JavaScript, API and Markup.

Though each of these technologies provides a way to improve the user experience and helps modern marketers meet the demands now placed on them, this hodgepodge of systems has increasingly become a liability. In some cases, marketers are weighed down by the costs of licensing all of these disparate systems. Additionally, no matter how many APIs and integrations are employed, the sheer number of systems slows performance and risks data loss. With so many moving parts, there are more opportunities for things to go wrong. And finally, getting a truly holistic picture of marketing efforts — and, beyond that, business operations — is made more difficult and complicated by the number of systems involved.

A constellation of technologies is giving way to a more unified platform

Rising expectations

Behind all of these developments is a fundamental change in what customers expect from digital experiences, which is, in turn, driving what’s expected of marketers. Some of this is fueled by the proliferation of devices and platforms now available.

Ninety-two percent of people in the U.S. will use the internet by 2023, up from 90% in 2018, according to Cisco’s most recent annual internet report. And each of those people will have more and more devices — an average of 13.4 connections and devices per person in 2023, up from just 8.2 per person in 2018. Globally, that number will go from 2.4 devices per person in 2018 to 3.6 devices in 2023.

The number of connected devices globally is growing

Data and analytics needs

More importantly, though, both consumers and business buyers expect to be known and understood in digital contexts, and delivering that personalization requires data and a means to act on those insights.

It isn’t just that personalizing experiences confers an advantage, but, given these heightened expectations, failing to personalize is a big risk, especially given the ease with which customers can switch to a competitor, McKinsey has found in its surveys.

The modern user experience

One significant aspect of the modern user experience is that it is fast. Besides the desire to please users, marketers focus on speeding content delivery because Google penalizes websites with poor landing page experiences — which includes slow loading — by ranking them lower in its search results. The search giant has long made the connection between page speed and success with users, saying: “In short, speed equals revenue.”

Google research correlates speed and revenue

Given that Google organic search is still the largest traffic driver to most websites, businesses
— and those in charge of their sites — have paid close attention. In November of 2020, the search engine said it had seen a median 70% increase in the number of users engaging with its free tools (Lighthouse, PageSpeed Insights) that help webmasters measure and improve their web pages’ performance. To achieve better results, webmasters are looking closely at every element on their pages, seeking to eliminate unnecessary code and generally simplify their pages.

At the same time, many front-end web developers have been chafing at the limitations of programming in PHP, seeking to take advantage of more modern methods and craft the slicker and more flexible user experiences they’re able to deliver with those technologies.

Both of these developments have led businesses to seek alternatives to traditional content management approaches such as headless or hybrid CMSs, often within DXPs. In these types of deployments, the CMS disconnects the underlying content from the means and manner of displaying it. Because of this, developers can employ modern frameworks to create the user experience, and it’s easier to leverage the same database of content assets across multiple platforms, devices and formats.

E-commerce everywhere

The COVID pandemic, because it shifted so much activity online, significantly raised
the bar for user experience, and e-commerce experienced one of the most dramatic transformations. Stay-at-home orders and social distancing created a situation where many more businesses became e-commerce enabled.

Restaurants and convenience stores suddenly had to introduce online ordering and curbside pick-up, while major brick-and-mortar retailers and grocery stores needed to up their online games to keep up with online natives and direct-to-consumer companies. Nearly one in three Americans now see no difference between the experience of buying from a direct-to- consumer company versus a traditional retailer, a YouGov survey fielded for Scalefast found in January of 2021.

These trends explain why commerce capabilities are more integrated with content than ever before in digital experience platforms.

Digital marketing and e-commerce applications are best served by DXPs, Infosys suggests

A mindset shift toward greater agility and modularity

The pandemic has also taught marketers an important lesson about being responsive and agile. Businesses that were quickly able to identify and adjust to shifting societal conditions and consumer sentiments have been the most successful at riding out the storm. One approach that’s gaining currency in this environment is the composable DXP.

“Application leaders, hamstrung by their existing monolithic platforms, struggle to deliver digital experiences fast enough to respond to changing market demands as well as new business threats and opportunities,” wrote Gartner analysts in Adopt a Composable DXP Strategy to Future-Proof Your Tech Stack, published in December of 2020 (see Figure 11).

Just as headless and hybrid CMSs separate the content itself from the presentation of that content, making it easier to quickly develop and adapt more modern front-end experiences, a composable or modular DXP approach lets marketers pick and choose the modules that meet their business needs — or even connect modules from other providers — rather than being stuck with an all-in-one solution.

In recommending this approach to its clients, Gartner says a key indicator of vendor preparedness for this emerging world is their willingness to integrate with third-party solutions that may be a better fit, or provide better functionality, than their native module.

Composable and modular offerings allow businesses to respond more quickly to changes

The vendor marketplace

The rise of digital experience platforms hasn’t escaped investors’ notice. We’ve also seen the companies behind these solutions make their own acquisitions to bolster their suites of offerings.

The player making the most splashy moves lately is Optimizely, which rebranded itself with that name (previously, it was known as Episerver) after buying the testing and personalization company for an undisclosed sum in September of 2020. One key asset brought into the combination was Idio, an advanced analytics provider acquired by Optimizely in 2019. Under its new brand, Optimizely announced the acquisition of customer data platform Zaius in March of 2021, saying the buy will let it add customer data to its digital experience platform. The company followed that with an agreement to purchase Welcome (formerly part of NewsCred) in December of 2021, giving it additional capabilities in content marketing, marketing resource management and digital asset management. (That deal wasn’t finalized at publication time, but it is expected to close in Q4 of 2021.)

In January 2021, Sitecore said it had raised $1.2B in backing for an ambitious plan to drive growth. As part of this, the company acquired its own CDP, Boxever, in March 2021, plus headless e-commerce playerFour51,Inc. ItfollowedthisupbybuyingMoosend(marketingautomation)inMay2021and Reflektion (AI-powered search) in September 2021. (Terms of the deals weren’t disclosed.)

Pantheon took in a $100M Series E round of financing from SoftBank’s Vision Fund 2 in July of 2021. In September 2021, the company released its Autopilot tool, which was based in part on the technology it acquired when buying Staging Pilot in 2019.

 

Share:

More Posts

Send Us A Message

Book Your Free 30-Minute Consultation Today