In a recent study by Gartner, it was revealed that nearly two-thirds of marketing leaders are grappling with significant difficulties in demonstrating how their marketing campaigns affect business outcomes. This gap in measurement highlights the growing need for advanced analytics in the marketing sector. Addressing this challenge, Alembic has launched its AI-driven causal platform, designed to integrate data from various marketing channels—including broadcast, social media, site traffic, and direct-to-consumer communications—alongside sales data.
The platform excels in identifying the intricate connections between marketing actions and their resultant outcomes, providing impact scores for individual channels and events. This enables marketers to gain real-time insights for optimizing their marketing budgets while establishing tangible links between campaigns and revenue generation.
Julie Sweet, Chair and CEO of Accenture, emphasized the transformative role of Alembic’s platform, stating, “Our clients are not just implementing AI; they are undergoing total enterprise reinvention, which hinges on trust and intelligence at the digital core. Alembic’s Causal AI provides exactly that by moving the enterprise beyond correlation to deliver the verifiable, cause-and-effect insights leaders need to act with decisive speed.”
Traditional measurement methods often rely on siloed data sets, but Alembic’s capabilities extend to analyzing complex data patterns and hard-to-track channels such as brand campaigns, sponsorships, and organic social media influence. This is particularly relevant in today’s rapidly evolving market, where factors like changing public policies can be modeled to assess their impact on marketing effectiveness. Such adaptability allows marketers to make quick decisions that can either protect their investments or identify new revenue paths.
Tomás Puig, founder and CEO of Alembic, remarked, “This investment and collaboration with Accenture will help us reach more companies that want to understand what really drives their results. Most companies are not short on data. They are short on answers, and that is where our NVIDIA SuperPOD backbone makes the difference. It gives us the compute power to uncover cause and effect in real time and show what truly drives growth.”
Arun Kumar, global customer AI and data lead at Accenture Song, commented on the partnership: “This partnership between Accenture and Alembic is a paradigm shift in measurement. Alembic’s capabilities complement existing approaches, such as market mix modeling, but now with seemingly limitless variables that can be analyzed. Where measurement has often been seen as an afterthought, Alembic lets us see both the big picture and the details.”
Accenture Song is committed to enhancing marketing accountability and return on investment. This initiative includes forging deep, strategic relationships with emerging AI companies, enabling a comprehensive view over the entire marketing workflow. With partners like Aaru, which assists in upfront marketing strategy, Writer, which enhances content creation, and AI Refinery, which facilitates smarter campaign management, Alembic enriches this ecosystem by providing innovative solutions for scaling marketing attribution and analytics. Notably, Accenture is piloting Alembic’s technology within its own marketing and communications functions to evaluate campaign effectiveness.
Alembic recently completed a Series B funding round, led by Prysm Capital and Accenture, with investments also coming from Silver Lake Waterman, Liquid 2 Ventures, NextEquity, Friends & Family Capital, and WndrCo.
The integration of advanced AI technologies like those from Alembic represents a significant step toward bridging the gap between data and actionable insights in marketing. As the industry continues to evolve, such innovations are essential for businesses aiming to leverage their marketing data effectively and drive growth in a competitive landscape.
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