Optimove, a leading CRM marketing platform, announced it has acquired Graphyte, a real-time, cloud-based personalization platform optimizing the web and mobile experience for consumers. The announcement comes on the heels of Optimove’s purchase of Kumulos, a leading provider of a personalized messaging platform for mobile applications. The combined purchase price of the two deals was not disclosed. The acquisitions help bolster Optimove as one of the most comprehensive CRM marketing platforms. Its AI-driven solutions autonomously determine the next-best-action for each customer, eliminating the need for marketers to manually map every customer journey.
With the new capabilities added to the Optimove platform, for the first time, marketers can deeply personalize every customer touchpoint, empowered by Optimove’s hallmark capability of transforming customer data into customer-led journeys at scale. Optimove’s Customer Data Platform unifies all customer data from all sources to create a comprehensive single customer view. Graphyte adds real-time content recommendations across any channel and touchpoint. Kumulos bolstered Optimove’s journey orchestration engine, adding native mobile capabilities to allow brands to seamlessly orchestrate multichannel marketing journeys across the web, email, and mobile channels. The result is a one-stop, full-service multichannel marketing hub built for personalization at scale.
The new joint offering builds upon Optimove’s ability to eliminate marketing misfires in cross-channel communication with customers to ensure the most relevant and the most personalized message reaches customers. It is helping marketers increase customer loyalty, retention, and lifetime value.
Newly acquired London-based Graphyte provides a real-time, cloud-based personalization platform for customer relationship programs and campaigns. The platform delivers improved conversion rates, click-through rates, and revenue uplift by leveraging personalized recommendations across channels. For example, Gala Bingo has driven a 35% turnover uplift using Graphyte’s web personalization models and seen a 300% increase in site visits when providing intelligent recommendations in emails instead of traditional static emails.
Also Read: Immuta is First Data Security Partner to Achieve Snowflake Ready Technology Validation
Graphyte delivers improved business results because its platform enables marketers to serve personalized content recommendations and dynamically adapt their web, native mobile sites, and mobile apps to engage customers effectively. Graphyte provides over 20 different AI models that, unlike other personalization engines, empower marketers with complete control over how recommendations are made when testing and deploying personalized treatments, without needing to make any changes to the core CMS. Furthermore, personalized recommendations can seamlessly be embedded in outbound digital channels.