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How marketers can help boost martech utilization

Martech

In 2023, martech utilization was only at 33% per Gartner — a steep decline from 42% in 2022 and 58% in 2020. Insufficient usage of martech may also hinder the improvement of marketing processes. Here are some steps that can help you optimize martech utilization. They should accurately reflect existing marketing processes.

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How AI is Changing the Sales Process

InsightSquared

In fact, Gartner reported by the year 2020, AI will become a more integral part of the sales process for up to 30% of companies around the world. Here are three of the top ways AI is impacting today’s sales process: Increases Time Spent Selling. However, it’s important to note that not all sales leads are created equal.

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Gartner rips CMOs over martech while business demands ‘more with less’

Sword and the Script | B2B

That’s according to the latest Gartner 2023 CMO Spend and Strategy Survey : “CMOs have seen technology investments tumble into new lows of unproductivity, with utilization rates falling from 58% in 2020 to 42% in 2022.” in 2020, the same year marketing bought a ton of martech. Ergo, CMOs invest martech. It’s 11.4%

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Digital transformation helps those who help themselves: self-service processes and tools

chiefmartech

TEKsystems, who provides a lot of digital transformation services to Fortune 500 companies, recently released their 2020 State of Digital Transformation report. This is a concept that Gartner recently confirmed is gaining momentum in their most recent marketing organizational research.

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65+ Statistics About Artificial Intelligence

Zoominfo

Only 23% of businesses have incorporated AI into processes and product/service offerings today ( source ). Gartner predicts that through 2022, 85% of AI projects will deliver erroneous outcomes due to bias in data, algorithms, or the teams responsible for managing them ( source ). Keep reading! The State of AI in Business. 46% of U.S.

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December in Review. Saying goodbye to 2020 whilst looking ahead to 2021

Champion Communications

The growth of cloud in 2020 caused the market to go into overdrive and attentions are now turning to combining cloud deployments. Logicalis CEO, Bob Bailkoski , shared his thoughts on how hyper-automation will play a key role in 2021 after Gartner anticipates that it will help reduce operating costs for businesses 30% by 2024.

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How Sales Can Build Better Digital Relationships with Prospects

ANNUITAS

Now more than ever, trust is important in the buying process as prospects continue to carefully consider purchases. However, almost a full third of decision makers say the approach is less effective than what sellers had going pre-2020. But sellers have been challenged to build trust through relationships. Faster time to qualify.