TechTarget continues to build out its technology content set with the acquisition of Enterprise Strategy Group (ESG), “a leading provider of decision-support content based on user research and market analysis for global enterprise technology companies.” ESG has twenty-seven researchers and analysts who cover Cloud Services & Orchestration; Converged Infrastructure; Cybersecurity; Data Platforms, Analytics & A.I.; Data Protection; Digital Workspace; Networking; and Storage.
TechTarget called ESG a “natural complement and extension” of its value prop. It expands TechTarget’s “decision support content” and provides it with “new fact-based, research-driven content” for sales and marketing outreach “identified by purchase intent insights.” ESG’s segment expertise and analysis support technology purchase decisioning that extends TechTarget’s value beyond its 140+ technology research websites.
ESG works with its customers to develop custom content, including technical validation, economic analyses, and bespoke end-user research that “enables the creation of highly actionable, extremely useful, interactive content deliverables and tools.” Content types include white papers, videos, infographics, dynamic content (HTML 5), online event support, and social media support.
Clients commonly use ESG content to support product launches, competitive positioning, channel enablement, and ABM-focused outreach. Thus, TechTarget’s websites identify who is currently in-market for specific solution types, and ESG’s custom content delivers mid-funnel tools to assist with messaging across the demand unit.
“ESG delivers highly relevant, purchase cycle-focused content specifically built to support buying and selling. As such it helps fill critical gaps that have long increased costs and cycle times on both sides of the process. Adding depth to and building on TechTarget’s existing strengths in content, process support, and data creates clear, easily accessed value for both clients and end-users.”
ESG Founder Steve Duplessie
The ESG acquisition is TechTarget’s third over the past year. In December, TechTarget closed on its $150 million BrightTALKpurchase that provided it with event marketing and event-related intent signals. In March, TechTarget tucked in Data Science Central, a digital publisher that focuses on data science and business analytics.
“We’re super excited about the value ESG provides to our clients and our members,” said Michael Cotoia, Chief Executive Officer, TechTarget. “Together, we can provide enterprise technology buyers much richer information support across their buyer’s journeys. For our clients, adding ESG to the unmatched intent data and services we’ve long-provided means we can further increase their productivity gains and business yields end-to-end across go-to-markets.”
The acquisition price was not disclosed. Both firms operate in the Boston suburbs. The BrightTALK acquisition closed on December 23rd.
Technology purchase intent data vendor TechTarget added another arrow to its intent quiver with the acquisition of BrightTALK, a leader in the marketing and virtual events space. BrightTALK said virtual event attendance has “high predictive value because IT buyers are making a material investment of their time to engage with vendor-produced content.”
The acquisition increases TechTarget’s universe of opted-in professionals. TechTarget already has over twenty million opted-in business contact records (mostly in technology positions from its 140 enterprise technology sites), and BrightTALK has eight million registered attendees on its media platform. There is likely to be some overlap in names, but having a second source of opted-in professionals increases the scope of measured intent across TechTarget, BrightTALK, and corporate websites (a KickFire OEM deal).
The acquisition offers substantial cross-selling opportunities in 2021 as vendors continue to focus on virtual events in lieu of face-to-face trade shows and conferences. Furthermore, “BrightTALK generates a large volume of valuable content in webinar and video format that is incremental to TechTarget’s current offerings. This content improves TechTarget’s potential ability to attract new users and diversifies the content available via TechTarget’s portfolio of web sites.”
And because both platforms are opted-in, the intent data does not need to be anonymized. TechTarget can deliver person-level intent data that includes contact information, articles read, webinar sessions viewed, potential competitors, and their stage in the buyer’s journey. What’s more, these rich intent datasets are GDPR-compliant across both platforms.
“TechTarget’s leadership position in the market is further strengthened by the acquisition of BrightTALK. This acquisition checks all the boxes. It allows us to increase our original content, grow our opt-in audience of registered members, and add a material amount of proprietary first-party purchase intent data. It’s a very powerful combination that will enhance our customers’ abilities to use our purchase intent data to grow their revenues and increase their market share.”
TechTarget CEO Michael Cotoia
“We are excited to join forces with TechTarget. They are the leading provider of original expert content and distributor of vendor decision-support content in the B2B tech market, which has allowed them to develop the preeminent first-party purchase intent offering,” said BrightTALK CEO Paul Heald. “Combining our leading platform for online IT events is a winning combination.”
BrightTALK has over 1,000 customers who created 25,000 webinars and videos over the past year. The platform generates over 200,000 unique monthly viewers and six million annual content engagements.
BrightTALK also fits with TechTarget’s financial objectives. It is on track for $50 million in 2020 revenue, with approximately half this revenue under long-term contracts. TechTarget hit 35% in subscription revenue last quarter but has stated a 50% subscription revenue goal. With Priority Engine on track for approximately $50 million in 2020 subscription revenue and BrightTALK posting roughly $25 million, the combined pro forma company would generate $75 million in subscription revenues on $195 million in 2020 revenue (Q3 YTD + mid-point Q4 guidance + $50M BrightTALK estimate), or approximately 38 – 39% in contract-based revenue.
BrightTALK has also done well during the pandemic, with revenue on track to grow 30% this year. It added one million additional opted-in professionals over the past year.
The deal is priced at $150 million, a 3X multiple over projected 2020 earnings. The cash transaction will close before the end of the year.
BrightTALK has four offices in the US, two in the UK, and two in APAC (Sydney and Singapore). LinkedIn lists them with 275 employees, a headcount growth of 15% over the past year.
After a weak second quarter, TechTarget’s revenue rebounded in Q3, rising 7% to $36.2 million (it was 1% in Q2). Year-to-date revenue hit $102.5 million, up 4.5%. Long-term revenues, which are primarily subscription contracts to Priority Engine, represented 35% of revenue, the same percentage as Q3 2019. International sales are up 30%, with strength in both lead-gen services and Priority Engine.
Priority Engine revenue grew 4% during the quarter, with growth slowed by weakness at “smaller customers hesitant to commit to yearlong subscriptions to new products and services.”
TechTarget continues to invest in Priority Engine, releasing a significant upgrade in September that supported prospect-level intent and an improved Salesforce.com integration. With the release, they initiated a “double-digit price increase” that has been accepted by the market. “We have not had pushback on the pricing so far,” said CEO Mike Cotoia. “So we see that as a positive sign going into 2021.”
Priority Engine’s “early usage is encouraging,” with page views up 80% since January; furthermore, “portal interactions by users that self-identify as salespeople are up over 40% since we released the new sales-friendly version.”
Cotoia called the release the most significant since Priority Engine’s launch. Unlike previous releases that focused on the marketing function, the latest enhancements were centered around UI enhancements and the sales use case. Combining account-level intent with prospect-level intent is “really enabling and empowering” sales teams, helping them “rank and prioritize within their own territories.” Reps now have access to two views: a territory account report and an active prospects report.
Sales reps can now discover intent data and insights for active accounts and prospects within a Visualforce tab in Salesforce. If a contact isn’t in Salesforce, they can quickly add the contact.
“Building a cohesive and easy-to-use workflow for both marketing and sales has always been in our roadmap,” summed up Cotoia. “The September release has been really, really impactful.”
TechTarget will focus on “leveraging our customer’s first-party data along with our data. We have other key engagement opt-ins that we are going to be integrating into this as well.”
TechTarget also saw weakness in the large legacy IT vendors, though it was above Q2 numbers, and they anticipate growth in their Global 10 in Q4. TechTarget has been diversifying its customer base, with the Global 10 accounting for 20% of its customer base, down from 40% a decade ago.
TechTarget anticipates that the shift from event sponsorships to online lead generation will persist after the pandemic.
“We believe that much of this shift will become permanent as we do not believe the face-to-face business will return to its previous spend levels pre-COVID,” said Cotoia. “This is showing up mostly in our International numbers as those markets had significantly more events as part of their budget mix than in North America. Today, most of those deals are short term, mirroring the event buy. The opportunity that we are focused on here is to migrate those budgets from face-to-face to intent-based lead generation and then graduate those customers to annual Priority Engine subscriptions. We believe this is achievable as the vast majority of our customers have a strategic initiative to use data to make their sales and marketing organizations more intelligent, efficient, and effective.”
Customers are focusing on their digital strategy, and TechTarget offers content syndication, content marketing, lead generation, and Priority Engine. All of these digital offerings help tech firms “get in front of their prospects and their existing customers.”
“Even if it starts with lead-generation and content marketing offerings integrated with some of the brand solutions, at the end of the day, our customers are really focused on leveraging the right intent throughout their marketing and sales cycles when they’re in market,” said Cotoia.
These lead-gen campaigns provide a beachhead for upgrading to subscription services. “Priority Engine plays a really good place in that as we start transitioning folks from events to content syndication from content syndication to integrated online solution from integrated online intent-driven solutions to Priority Engine integrated campaigns,” said Cotoia. “I think this plays well for us in the long-term.”
“Let’s unpack what we are seeing and what we’ve learned from the pandemic. First, IT spending is no longer a discretionary item for most companies. They see digital transformation as a necessary investment to remain competitive. This dynamic has benefitted our customers. Second, the migration of IT spending to a subscription model has built in significant resilience and predictability to most of our customer’s business models, which in turn has kept their spending levels on sales and marketing fairly stable as compared to more volatility in past downturns.”
TechTarget CEO Michael Cotoia
Cotoia credited the shift to subscription revenue as a significant contributor to its success during the pandemic. “We are very pleased at how our business has performed during the pandemic. It reinforces that the changes we made to transition our business to a data subscription business is paying off in terms of building a stronger company with a more sticky and predictable revenue stream.”
TechTarget announced Q4 guidance between $42 and $43 million, almost 20% growth year-over-year. Some of this growth is the transition from events to online, but some is “pent-up budget” from event marketing that has been held in reserve.
“They have end-of-the-year budget, [and] they want to use it,” said Cotoia. “TechTarget is viewed as a trusted resource.”
Cotoia was asked about ZoomInfo’s acquisition of Clickagy but wasn’t overly concerned about the real-time intent solution, saying that Zoominfo simply acquired its supplier. Cotoia called it a “smart move,” but not one that significantly changes its offering. He also applauded Zoominfo’s contact quality, then pivoted to the differences between their services with opted-in reader intent derived from their media sites.
“What we have is what we call real and observed first-party purchase intent. You have to start with investing in content. We are 100% focused on the enterprise IT market. We have the right engagements coming in. What we know [is] which people are looking at which vendor content or which editorial content or peer-to-peer content, or were doing a search on a very specific technology segment within a very specific region. That’s real. It’s very difficult to leverage things like third-party cookies or bidstream data…[with] a lot of questions about that. It’s only at the account-level.”
Cotoia said that TechTarget’s approach is “very transparent” in its practices, focusing on the “right” engagement and intent signals. “We’re the largest place on the web where enterprise IT vendors publish their content through their marketing efforts.” TechTarget generates this content across 146 enterprise IT community websites and can tell its Priority Engine customers which articles were read, which white papers were downloaded, which webcasts were viewed, which terms were searched, which competitors are being evaluated, and by whom. Owned media sites with opted-in readers deliver “real and observed intent and engagement signals that will help power and transition our customers’ sales and marketing efforts” that are data-driven. What’s more, TechTarget’s intent surfaces opportunities at the beginning of the buyer’s journey.
Continuing my coverage on TechTarget’s Prospect-Level Intent from yesterday…
Prospects are scored and ranked within accounts and across all accounts based on “their recent research activity across the TechTarget network as well as their direct engagement with the customer’s content, website, and advertising.”
To assist with account planning and messaging, Priority Engine added Entry Points, a set of user-defined talking points based upon “a prospect’s recent technology and vendor interests mapped to the particular company’s strengths.” Entry Points are also delivered at the account-level. They are defined by client teams to call out the topics most salient to company positioning and capabilities. Client-defined Entry Points are visible within Priority Engine, Salesforce, and export files and are reflected in both the account and prospect rankings.
Prospect-Level Intent is also available within Priority Engine’s Connected App for Salesforce. Sales reps can quickly fill sales cadences and call lists with high-priority prospects and focused prescriptive insights. With a single click, Sales reps can add new prospect names to Salesforce, providing a direct path from buyer intent to active leads and contacts. Prospect and account-level insights, including Entry Points and behavioral intelligence, are displayed within Salesforce Account, Contact, and Lead records.
When uploading Accounts, domains are used for account matching and duplicate prevention. If a Prospect cannot be associated with an account record, it is uploaded as a Lead.
Account-level fields include account rank, domain, employees, industry, revenue, account address, and up to ten account entry points. Other account insights include five account signals (e.g. Widespread, Sustained, Late Stage, Stakeholder, Cross-Vendor), an account active this week flag, and behavioral flags for marketing (e.g. visited website, engaged with content, clicked banner), ICP match flag, and their Account Star Ranking.
Contact-level fields include name, title, email, content downloaded, a prospect active this week flag, up to ten Prospect Entry Points, contact address, contact phone, LinkedIn URL, and Priority Engine Contact URL.
Ongoing Salesforce enrichment is not yet available but is on the Priority Engine roadmap.
Priority Engine also supports Marketo, Eloqua, Pardot, and HubSpot out-of-the-box, with custom support for other platforms.
Prospect-Level Intent is available in both Priority Engine and the SMB Priority Engine Express subscriptions. The Salesforce connector is included as part of a standard Priority Engine license.
TechTarget announced Prospect-Level Intent within its Priority Engine technology sales and marketing intelligence platform. Prospect-Level Intent builds on the inherent strength of its second-party intent dataset. The intent data is collected from over 140 enterprise technology media sites owned by TechTarget. Because its readers have opted into the platform, intent data is associated with buyers and influencers at target accounts and derived from content carefully tagged by topic, buying stage, competitors, etc.
Unlike third-party intent, which is both anonymous and limited to account-level buying patterns, second-party intent identifies account-level activity and surfaces active members of buying teams, including technology decision-makers, economic decision-makers, administrators, or influencers. Selected via TechTarget algorithms, Priority Engine prospects – individuals intensely engaged in specific research – are likely members of an active purchase decision.
TechTarget’s Prospect-Level Intent informs sales and marketing professionals when prospects are active in their market category or have downloaded content related to the company or its competitors, regardless of whether they are current or net-new contacts.
“Account-level surges do tell you what’s popular with a set of personas right now, but tell you relatively little about who might actually be making a purchase,” blogged Rebecca Kitchens, SVP of Market Development. “News-based surges tell us something about the mood of the market, but explain very little about impending purchases except in the macro sense. They may give you something to talk about with accounts, but they don’t tell you enough about actual buying motions to warrant aggressive prioritization.”
Kitchens warned against weak intent signals. “Most content is designed to be broadly appealing to maximize eyeballs but provides only weak purchase intent at best. Real-purchase intent is generated by high-quality content that applies to the research task at hand.”
Adds Andy Briney, TechTarget SVP of Products, “Many in the intent market have been wrongly focused only on accounts, when it is the people and teams at those accounts who actually buy…while TechTarget has always provided named, active prospects within accounts, these new enhancements empower revenue organizations with unmatched visibility into opted-in buyers in active buyers’ journeys to accelerate engagements.”
TechTarget has over 20 million opted-in technology decision-makers and influencers. Depending on the category, around 70% hold technology titles, with the remainder being buying committee members from other departments also engaged in technology decision-related research. With rapidly evolving changes in tech decision making, TechTarget data capture prospect functions and roles reflecting a wide range of players often not predicted by historically focused models.
TechTarget is so confident in the value of its intent data that it now labels Priority Engine as “The industry’s only opt-in, Prospect-Level Intent™ data.”
“At the end of the ABM process, it is all about having stronger relationships with the customer. And delivering improved customer experience is achieved in two ways: By caring to do so and then having the insights necessary to cut away noise and speak directly to customer’s needs. Prospect-Level Intent is the best way to do this. In study after study we’ve done, we find that when the properly trained salesperson or whoever’s doing the outreach uses the insights successfully, they will get better response and conversions — ultimately leading to more pipeline.”
John Steinert, TechTarget CMO
A redesigned Priority Engine user interface “provides faster access to buying team contacts within the context of their buyer journey, making it easier for sellers, marketers, and ABM teams to act on Prospect-Level Intent.” The UI also offers a customized view of top prospects based upon a firm’s ICP and research activity, helping define account rating and list ranking.
“You have to make it easy for [sales] to be able to quickly assess what they need to do in order to take the next best action with the accounts and prospects that they’re going after in their territory – it’s all about enablement,” said TechTarget CMO John Steinert. “Having that [data-based] connection with marketing allows sales to easily do this and take the easiest, fastest path to revenue easily leveraging precise data and intelligence.”
TechTarget, which gathers second-party, opted-in intent data, released IT Deal Alert Priority Engine Email Alerts. The overly wordy offering helps “enterprise technology sales teams quickly identify and take action on the best opportunities in their territory.”
TechTarget research found that firms that “target active prospects with timely, relevant outreach generate twice as many opportunities.” Active prospects are more likely to respond to sales rep outreach, accept meetings, attend meetings, and convert to opportunities (see TechTarget graphic on the bottom).
Engine Email Alerts are delivered weekly and customized for each recipient.
Alerts may be set up by sales rep territory or ABM account lists to
monitor “relevant buyer activity” at target accounts. Sales reps can then
click on the alerts to view account reports, contacts, and purchase intent
insights (e.g. buying stage, competitors under consideration, relevant topics).
TechTarget offers both first and second-party intent, so reps know about both technology research conducted on TechTarget’s 140 B2B Technology media sites and on their company’s website (first-party intent is supported via a KickFire OEM deal).
TechTarget Account profiles include detailed intent data, reps are better able
to qualify opportunities, tailor their message, and avoid landmines set by
potential competitors. Ideal Customer Profile Accounts are labeled,
helping reps prioritize key Accounts.
are busier than ever and can easily miss opportunities, especially if they
don’t have the right data in front of them,” said TechTarget SVP of Products
Andrew Briney. “Priority Engine Email Alerts deliver the best
opportunities in their territory directly to their inbox with all the
intelligence they need to close more deals faster.”
investor presentation in November, TechTarget laid out a series of future
enhancements including timeline views of territory activity, contact-centered
call lists, SFDC single sign-on, opportunity timelines, leveraging data on
customer website visitors, and individual-level qualification and ranking.
Several items, including alerts, territories, and Salesforce syncing,
have already been released.
will also be launching a Priority Engine Express service for SMBs and resellers
TechTarget announced a set of enhancements to its Priority Engine sales intelligence service. New features include improved Salesforce sync, refined Buying Team display, contact hygiene, and LinkedIn profile hyperlinks. Improved Salesforce synchronization gives “sales reps easier access and dynamic visibility into active accounts in their territory, with even more accurate and actionable data on the buying teams within them,” said the firm.
Engine now supports sales territories based on Salesforce account assignments,
uploaded account lists, or firmographic rules (e.g. Industry, Geography, Size).
As accounts are added or reassigned within Salesforce, territories are
automatically maintained, allowing Priority Engine to dynamically showcase
activities within the territory.
Managers and directors can view individual rep account lists or multiple territories at once.
Engine helps sales and aligned marketing teams reach and engage more of the
right prospects at in-market accounts to improve response and conversation
rates,” stated TechTarget
also adjusted its contact selection algorithm to improve its buying committee
display, “vastly improving the fit of 3rd-party supplemental contacts in
Priority Engine.” A new contact card provides a detailed contact profile
within the Buying Team list view. Previous and Next buttons allow the
sales rep to quickly view individual profiles.
Engine also deployed improved persona logic to determine which DiscoverOrg
contacts to display for accounts.
account views, Buying Teams now list emails, direct dials, and LinkedIn
“Priority Engine has long provided essential intelligence to help sales teams fuel pipeline and close more deals. These new enhancements are the first in a series of releases specifically designed to make it even easier for sales pros to access better data and powerful insights to maximize opportunities with active accounts in their territory.”
TechTarget VP of Products Andrew Briney
collects second-party intent and opted-in contacts from readers of its 140
technology research sites. TechTarget sites are available in English,
French, German, Spanish, Chinese, Portuguese, Italian, and Japanese.
Priority Engine supports English, French, and German UIs.
Of the 20
million contacts, 18 million are technology decision-makers or influencers and
2 million work in other functions but are researching technology. 9
million of the contacts are North American, 5 million are located in EMEA, 5
million in APAC, and 600,000 in Latin America.
Engine pricing is customized based on market access and customer
feature/function requirements. Typical individual subscriptions begin
around $100K. Designed specifically for the needs of small companies, the
Priority Engine Express (PEX) offering – currently in beta release – starts at
over 600 customers for TechTarget intent data products, with 51 added last
quarter. Priority Engine Express will be generally available in 2020.
TechTarget is taking a soft launch approach to their new Priority Engine Express service for small software vendors and VARs with an early 2020 launch date. CEO Michael Cotoia said the firm is building a platform which is “simple, streamlined, and scalable.” Cotoia noted how smaller firms differ in sales and marketing requirements and capabilities from TechTarget’s enterprise clients:
Our smaller customers lack a lot of resources. They don’t have a marketing automation [platform] many times. They don’t have an integrated nurture campaign. They need to understand and have a very friendly user interface, and they’re also very focused on identifying and using this solution as a sales use case with their inside sales reps and even their outside sales reps. So what we’re really focused on is doing a very simple user interface, focus very much on a sales use case, and understand that we can help them build different types of lists and customized lists; for example, an ideal customer profile list, which is really going to focus on exactly their sweet spot so we can get them the right updates at the right time. They don’t have the resources; they don’t have the complexity. If they need it simple, they want it towards sales use cases, and we’re learning a lot from that.
TechTarget CEO Michael Cotoia
that TechTarget is taking a market feedback approach to Express development.
As they engage with small customers, they are pausing during the sale to
gather feedback to better understand what smaller firms are looking to do.
As they bring on early Express users, they are “tweaking, modifying,
adjusting and getting ready to go into 2020.” Cotoia called the initial
feedback in this new market “very positive.”
began building an SDR team two years ago to provide a team of appointment
setters for their outside sales reps. “We built that with a vision that
we’re going to be looking at additional products that we are going to roll
out,” said Cotoia. “We want to make sure we have the resources on the
bench” who are trained in the TechTarget methodology and ready to support new
opportunities such as Express “so they are ready to make and take action when
we see fit.”
TechTarget has raised the price for Priority Engine since it was launched a few years ago. “We believe we have pricing power,” said Cotoia. “We’ve had a couple of pricing increases year-over-year, and we believe we are in the best position to deliver real and observed purchase intent, make it very clear who’s in-market, by which technology segment, by which region and help our customers rank, prioritize and mobilize their sales and marketing efforts again, and we hope that creates some pricing leverage.”
Yesterday, I discussed TechTarget’s strong Q2. The above discussion was held in their Q2 2019 earnings announcement.
TechTarget posted a strong second quarter with revenues up 9% to $34.3 million. Growth was led by their Priority Engine technology sales intelligence service which added 38 new customers in Q2 and grew revenue by 44%.
Long-term contracts now comprise 33% of revenue.
expanded its Total Addressable Market (TAM) from 1,500 Enterprise IT vendors to
an additional 5,000 IT vendors consisting of small software companies and
regional VARs. The firm has been executing a soft rollout of Priority
Engine Express to this expanded universe.
are still in the learning stage but the early feedback is that this customer
segment is embracing the value proposition,” the firm told shareholders.
“We are increasing the number of salespeople dedicated to this product in
the near-term and remain on track for the full product roll-out in 2020.”
“We added several enhancements to Priority Engine in May including Personalized Account Rankings that reflect organic research with TechTarget and direct engagement with the customer to improve marketing and sales effectiveness. Ideal Customer Profile (ICP) creation and filtering directly within Priority Engine to efficiently find, track and convert identified best-fit customers. Enhanced Qualification Intelligence showcases the key attributes that make accounts high priority targets, including buying stage, ICP match and if there is a confirmed project. Improved Engagement Signals show you precisely when accounts visit your website, click on your banners and/or download your content. Indicators of New and Recent Activities give sales users new reasons to call and help them engage the buying team with highly tailored outreach.”
TechTarget Q2 2019 Shareholder Letter
provided Q3 revenue guidance between $33 and $34 million and annual guidance of
$133 and $134 million.
firm is celebrating its 20th anniversary this month and used the
opportunity to credit its employees. “We are incredibly grateful to our
dedicated team of employees who are smart, innovative, motivated, passionate
and hard-working. This team makes us look good and creates a win-win scenario
for customers, investors, partners and the communities where we operate. We are
especially proud of the transition that the Company has been able to make over
the past 5 years from an online media company delivering quarterly marketing
campaigns to a purchase intent data company selling annual subscriptions. We
think most people would agree that is not an easy transition to make. We are
very confident that our best days are ahead of us as we are now a leader in the
fast growing data intelligence market.”
TechTarget added Christina Van Houten to its Board. She currently serves as the Chief Strategy Officer for Mimecast Limited, a public email management company, where she is responsible for driving corporate development, product management, and market strategy. She previously held senior positions at Infor, IBM Netezza, and Oracle. Van Houten has “more than two decades of extensive, focused experience in marketing strategy with some of the world’s largest firms as well as significant corporate and business experience.” She has an MBA from the Booth School (University of Chicago) and a BA from Georgetown.
Continue to Part II on Priority Engine Express and the expansion of their target market to include small software vendors and value-added resellers.
TechTarget Priority Engine has begun integrating first-party intent data with its proprietary third-party intent intelligence. First-party intent data enhances account rankings and insights. According to TechTarget, “Marketing and sales teams will now be able to leverage this new intelligence to get to the right accounts and prospects faster, increasing conversions and accelerating pipeline.”
Priority Engine launched three years ago with TechTarget’s firmographics and third-party intent derived from its 140 enterprise technology media sites. The new data includes Ideal Customer Profile (ICP) matching, vendor website engagement, and customer content and advertising across the TechTarget network.
First-party website intent is available through a partnership with KickFire.
account intelligence and tools include
Personalized account rankings based on first and third-party intent data
ICP definition and filtering
Enhanced qualification intelligence including buying stage, ICP match, and confirmed projects
Improved engagement signals such as account website visits, content downloads, and banner clicks
Recent activity indicators.
has always focused on delivering ROI,” said Michael Cotoia, CEO, TechTarget.
“These new updates now make it even easier for our customers to close
deals faster by helping them find the prospects that are directly in their
recent product enhancements include opted-in “Project Insiders” and “Confirmed
Project Details” that have been validated by project insiders.
Priority Engine has been deployed at over 400 customers including Oracle, Citrix, IBM, HPE, and AWS.