Accenture Invests in Alembic to Advance AI-Driven Marketing Measurement
As part of this investment, Accenture and Alembic are entering into a strategic partnership to help clients dynamically measure marketing effectiveness and use AI-driven insights to boost revenue.
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Accenture has invested, through Accenture Ventures, in Alembic, an AI-powered causal marketing intelligence platform that can determine which marketing campaigns deliver a return on investment (ROI).
As part of this investment, Accenture and Alembic are entering into a strategic partnership to help clients dynamically measure marketing effectiveness and use AI-driven insights to boost revenue.
Recent research from Gartner found that two-thirds of marketing leaders reported moderate to significant challenges demonstrating the impact of marketing campaigns on business outcomes to key stakeholders.
Alembic’s AI-powered causal platform collects and analyses data across multiple marketing channels—including broadcast, social, site traffic and direct-to-consumer communications—and couples this with sales data.
The platform identifies links between actions and outcomes, assigning an impact score for each channel or marketing event. The result is real-time insights that can be used to guide marketing spend and tangible connections between marketing campaigns and revenue impact.
“Our clients are not just implementing AI; they are undergoing total enterprise reinvention, which hinges on trust and intelligence at the digital core,” said Julie Sweet, Chair and CEO of Accenture.
“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.”
While other measurement mechanisms are often constrained to siloed data sets, Alembic can analyse complex data patterns as well as traditionally difficult-to-track channels such as brand campaigns, sponsorships, events and the influence of organic social posts – even as customer data grows at an exponential pace.
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Additionally, recent market changes and events, such as changing public policy, can be modelled for a cause-and-effect impact, so that quick adjustments can be made to safeguard marketing spend or identify new paths to revenue.
Tomás Puig, founder and CEO of Alembic, added, “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. Together we are turning that data into concrete insights leaders can act on.”
Arun Kumar, Global Customer AI and Data Lead, Accenture Song, said, “This partnership between Accenture and Alembic is a paradigm shift in measurement. Alembic’s capabilities complement existing approaches, such as market mix modelling, but now with seemingly limitless variables that can be analysed.”
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“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 making marketing more accountable and measuring return on investment. This includes building deep, strategic relationships with best-in-class emerging AI companies to realise this opportunity.
Accenture offers clients a suite of complementary partnerships that cover the entire marketing workflow. For instance, Aaru assists with upfront marketing strategy, Writer enhances content creation, AI Refinery helps create and run smarter campaigns faster, and now with Alembic, clients have an answer to scaling and enhancing marketing attribution and analytics.
Accenture’s marketing and communications function is piloting Alembic’s technology to measure the effectiveness of its own campaigns.
Alembic’s Series B funding round was led by Prysm Capital and Accenture, with participation from Silver Lake Waterman, Liquid 2 Ventures, NextEquity, Friends & Family Capital, and WndrCo.
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