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84: Tejas Manohar: The past, present, and future of Composable CDPs

84: Tejas Manohar: The past, present, and future of Composable CDPs

FromHumans of Martech


84: Tejas Manohar: The past, present, and future of Composable CDPs

FromHumans of Martech

ratings:
Length:
60 minutes
Released:
Aug 15, 2023
Format:
Podcast episode

Description

Summary: The future of CDPs, as envisioned by Tejas, is a more flexible, adaptable data architecture that Hightouch is actively shaping. Hightouch, even without the data collection component, is recognized by some of the largest companies in the world as their go-to CDP. Tejas stresses that the reconciliation of 'truth' in data between marketing and data teams isn't solely a tech or architecture problem; it requires an operational shift and closer collaboration between teams. The conversation serves as an essential guide for businesses seeking to optimize their data use and enhance customer experiences.The Software solutions like Hightouch provide a solid framework to tackle this, but the human element—teamwork, alignment, and communication—remains a key determinant in solving these challenges.From Corporate Travel to Reverse ETL: Teja's Journey Back to DataWhen asked about the journey of reverse ETL's inception at Hightouch, Teja revealed the interesting twists and turns of his entrepreneurial path. His initial venture after leaving Segment wasn't directly into the data sphere. He founded a startup, Carry, in the corporate travel space.However, Teja's departure from Segment wasn't just fueled by an entrepreneurial itch. He had reservations about the future trajectory of Customer Data Platforms (CDP). He didn't fully believe CDPs were set to become the standard for managing customer data across industries. With inklings of impending acquisitions and significant changes in the data industry, he left Segment.Teja then spent about eight to nine months with Carry until the onset of COVID-19. Despite the inherent challenges of the travel industry—low margins, high human operation requirements, price-sensitive customers—Carry was growing. Yet, COVID-19 brought it to a grinding halt.With business metrics falling to zero almost overnight, Teja and his co-founders, Auren and Josh, found an unexpected opportunity. They decided to pivot back to their roots in the data industry, tapping into their old ideas and experience from their Segment days. The pandemic, in all its harshness, became a catalyst for their return to the customer data space.Teja's story is far from a linear narrative. The travel venture, the COVID-19 pivot, and the return to the data industry all added unique layers to his entrepreneurial journey. Looking back, Teja feels gratitude for these unexpected turns of events, which led him back to the dynamic world of data and customer platforms.Takeaway: An entrepreneur's journey isn't always a straight path. Teja's experiences, from his departure from Segment to his foray into the travel industry and eventual return to data, highlight the unforeseen opportunities that can surface in the face of challenging times. His story underscores the importance of adaptability and leveraging past experiences to seize new opportunities in the ever-changing business landscape.Composable CDP - The Birth and Journey of a New ParadigmWhen asked about the emergence of the term "composable CDP" and the role Hightouch played in its inception, Tejas reminisced about the early days of this concept's birth. Tejas recalled collaborating with one of their esteemed partners to develop a novel way of approaching Customer Data Platforms (CDPs), distinct from the traditional models. Their goal was to define an architectural blueprint that would resonate with a marketing audience while providing a fresh solution to existing CDP challenges. The result was the "composable CDP."Despite its somewhat confusing nature, this term became a touchstone for their market positioning. But Tejas admitted, many terms in the martech world like "marketing cloud" or "engagement hub" often induce more head scratching than clarity. Their aim, however, was not merely to coin a catchy phrase but to address a pervasive dissatisfaction within the industry. At the time, many large enterprises and mid-market companies were investing heavily in CDPs, hoping to enable marketers to
Released:
Aug 15, 2023
Format:
Podcast episode

Titles in the series (100)

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