Monetate Named a Contender in Real-Time Interaction Management by Forrester
Monetate is pleased to announce that we’ve been named a Contender in “The Forrester Wave™: Real-Time Interaction Management, Q1 2024.”
In this Forrester Wave™, analysts looked at 13 providers of real-time interaction management (RTIM) solutions across 30-criterion. The resulting report is prepared to help guide B2C marketing professionals when selecting the right platform or tool for RTIM that fits their organization’s goals.
According to report authors, Forrester Analyst Rusty Warner, and analyst contributors Martin Gill and Dan Beaton, reference customers cite understanding the optimal customer journey and orchestrating customer interactions across multiple functions (marketing, sales, and service) as their two greatest challenges that they hope to solve with RTIM.
In their report, The Real-Time Interaction Management Landscape, Q4 2023, Forrester defines Real-Time Interaction Management (RTIM) as “enterprise marketing technology that delivers contextually relevant experiences, value, and utility at the appropriate moment in the customer lifecycle via preferred customer touchpoints.”
In this analyst report, Monetate Personalization scored as a Contender receiving the highest mark possible in the experience personalization criterion.
The Forrester report noted that, “Monetate’s reference customers raved about its testing, optimization, and personalization capabilities for web and e-commerce use cases.”
One Monetate reference customer shared with Forrester that, “Monetate is the linchpin of our successful testing program that drives millions [in] optimization revenue annually, and we want to expand our usage.”
As Forrester notes, Monetate serves around 300 e-commerce customers across the retail, entertainment, travel, and leisure sectors, half of them enterprises, who all rely on our solutions for similar program results.
Forrester also scored Monetate a 3 out of 5 across the criteria of:
- Digital Intelligence
- Predictive AI
- Real-Time Decisioning
- Inbound Digital Orchestration
- Digital Advertising Orchestration
- Personalized Content Integration
- Customer Operations Usability
- Innovation
- Pricing Flexibility and Transparency
- Community
Monetate is thrilled to make our mark in the RTIM space, and we look forward to continuing to help our clients continue to boost CX and craft compelling customers journeys with RTIM.
To check out the full report and to see how Monetate stacks up against other Real-Time Interaction Management vendors, download the report.