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This week’s AI-powered martech releases

Martech

Before we dive into the roundup, here’s a quick look at some recent research on AI in the workplace: 60% of seller work will be carried out by generative AI within the next five years, up from less than 5% in 2023, according to Gartner. 52% of business leaders say AI may replace jobs in their businesses, according to Multiverse.

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Gartner: Get your ROI / TCO Calculators Right, or Not at All

The ROI Guy

They need help understanding how much the legacy is costing, and how your solution can help them save money and improve their business. Your prospects need assistance in tallying Total Cost of Ownership (TCO) and Return on Investment (ROI), which is why most vendors work hard to develop calculators for their websites and sales teams.

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Gartner: Are Your Ready for More Buyers and the IT to Business Shift?

The ROI Guy

According to Gartner, the average enterprise technology buying team now includes more than 13 people ! This includes seven to eight who are actively driving the buying effort, and five to six people who occasionally get involved, particularly in validation checkpoints, reviews and approvals.

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Webinar Recap: Increase Your Funnel Throughput with Analytics & Coaching

InsightSquared

The quality of a sales pipeline and funnel throughput is largely dependent on the data that is captured by the CRM platform, and we all know the cost poor sales visibility has on a company. According to Gartner , less than 50% of sales leaders and sellers have high confidence in their organization’s forecasting accuracy.

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5 ways CRMs are leveraging AI to automate marketing today

Martech

AI in marketing platforms and CRMs There’s been a threefold increase in organizations piloting generative AI in the past year, per a recent Gartner survey of over 1,400 executive leaders. Many of us who have been in business for a while can validate that. Where are companies using AI the most? AI can help solve this issue.

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Data Cleansing Automation: Enhancing Efficiency and Reducing Manual Efforts

Only B2B

This precision is not just a luxury but a necessity; according to Gartner, organizations lose $15 million annually due to poor data quality. Moreover, automated data cleansing accelerates processes, leading to considerable time and cost savings. IBM estimates that poor data quality costs the US economy $3.1 trillion annually.

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12 Essential Benchmarks for Understanding The B2B Buyers’ Journey

KoMarketing Associates

Their journey often loops and repeats steps multiple times, like this: The number of channels and repeating loops creates more opportunities than ever for buyers to fall out of the journey — costing brands millions in lost sales. According to the Gartner Group, between 11 and 20 people are involved in B2B purchase decisions.