Project Management and Workflows Boosting Global Campaigns With Project and Digital Asset Management Integration Discover how integrating project and digital asset management tools, like Wrike and MediaValet, can turbocharge your global campaigns. February 9, 2024 Nuala Cronin Content Manager 6 min read We all know that rapid campaign deployment is no longer optional in the current digital marketing landscape — it’s essential. Ensuring campaigns are well structured, targeted, and integrated is equally essential. That’s where the power of integrating modern project management (PM) and digital asset management (DAM) systems comes into play.Tools like Wrike and MediaValet are designed to ensure the path to fast and efficient campaign deployment is smooth.Tip: For a deeper dive into the role of Wrike in rapid campaign deployment, check out this recent blog post.Integrating Wrike and MediaValet will help your team quickly find the correct files, streamline approvals, and accelerate timelines for every project. Let’s dive in and see why integrating a PM with a DAM like MediaValet is just what your team needs to accelerate their go-to-market campaigns.We cover:Breaking down silos with PM and DAM integrationHow DAM accelerates market entryHow effective project management can accelerate campaignsIntegrating PM and DAM for global team collaborationHow Knute Nelson used MediaValet and WrikeBreaking down silos with integrated PM and DAMSeparate departments, duplicated work, and unclear objectives can make running go-to-market campaigns a real headache. Alleviate this pain by bringing together PM and DAM systems to make everything run smoother. It’s all about breaking down those walls and working together to get things done faster and more efficiently.The challenges of siloed departmentsOrganizations face several critical challenges when PM and DAM tools operate in isolation. Can you relate to any of these?Information is trapped within each department.This makes it challenging to share vital assets and updates across the organization in real time.Work is duplicated and resources are wasted.Teams may inadvertently recreate existing assets or pursue overlapping tasks without a centralized view of everything in progress.There is inconsistency in branding and messaging.Using outdated or incorrect assets leads to inconsistent messaging and a disjointed brand image across different campaigns.There are barriers to speed and agility.Each change requires time-consuming manual updates across multiple platforms, slowing campaign execution and reducing the organization’s ability to respond to market changes.Let’s see how an integrated approach can help tackle these challenges head on.Bridging the gap with Wrike and MediaValetIntegrating PM and DAM systems, like Wrike and MediaValet, can help you keep brand messaging consistent and share information consistently and accurately, leading to a more cohesive and efficient workflow. This integration creates a unified platform where teams can easily communicate, collaborate, and share digital assets in real time.Wrike’s comprehensive work management platform allows teams to automate, manage, analyze, and track projects in one place. By integrating Wrike with DAM solutions like MediaValet, teams can eliminate even more friction from their workflows and focus on their most impactful projects.How DAM meets the growing need for quick market entryThe rapid expansion of digital channels and the surge in online competition have increased the pressure on organizations to launch campaigns quickly and efficiently. This is where DAM systems like MediaValet shine. They’re not just tools; they’re a secret weapon in meeting the rising demand for quick market entry, helping launch campaigns swiftly in this highly competitive space.The pressure of speed in a digital ageToday, consumers have access to unprecedented information and options at their fingertips. This means businesses must quickly capture attention and convert interest into sales. Failure to bring a campaign to market can result in missed opportunities and lost revenue.MediaValet’s role in accelerating time to marketBy providing a centralized platform for storing, managing, and distributing digital assets, MediaValet streamlines the entire campaign process.Teams can quickly locate and use the assets they need without searching through disorganized files or waiting for files to be sent from other departments. This means significant time savings, ensuring you can go to market quicker.If you’re looking to boost your team’s productivity and accelerate your campaign execution, investing in a robust DAM system could be the key.Ensuring consistency across all campaign elementsGetting to market fast is great, but it’s not as meaningful or impactful if you don’t have consistency throughout your campaign. Maintaining a consistent brand message and aesthetic can be challenging, especially with multiple team members working on different campaign elements.With MediaValet, all digital assets are stored and managed in one place. All team members can access the same assets, ensuring a consistent look and feel across all campaign elements. Additionally, MediaValet’s version control features ensure everyone is constantly working with the most current assets, avoiding inconsistencies due to outdated or incorrect versions.By integrating Wrike and MediaValet and creating a unified platform for project management and digital asset management, teams work together more effectively and efficiently, accelerating campaign execution and ensuring a consistent, brand-aligned output.Let’s see why PM systems are becoming more important in increasing campaign success.Effective project management: The backbone of speedy campaignsWhile a unified DAM accelerates campaign deployment, PM tools are the backbone of speedy campaigns. They provide the structure and organization needed to execute tasks promptly. Wrike’s project management capabilities are instrumental in facilitating faster project completion and, thus, expedited campaign timelines.Efficient project tracking with WrikeOne of the critical features of Wrike is its efficient project tracking capabilities. With Wrike, teams can visualize their project timelines, track progress in real time, and adjust plans on the fly. This constant visibility allows for timely identification and resolution of potential bottlenecks or delays, ensuring projects stay on track and within the set timelines.Wrike’s project dashboards, in particular, provide an overview of all ongoing projects, their current status, and upcoming deadlines. This allows managers to gauge project health and progress quickly, ensuring no tasks or milestones fall through the cracks.Streamlined project executionWrike also shines in streamlining project execution. It allows team members to collaborate in a shared space, reducing the need for endless email threads or disjointed communication channels. Collaborators can comment on tasks, share updates, and discuss real-time changes, accelerating decision making and task execution.The platform also provides features like Gantt charts with task dependencies, highlighting the sequence of tasks and how they relate. This helps prioritize tasks, ensuring the team focuses on what’s most critical for moving the project forward.Wrike’s automation capabilities can further speed up project execution. Routine tasks like task assignment, status updates, and report generation can be automated, saving valuable time and allowing your team to focus more on strategic, high-value tasks.Accelerating campaign timelinesBy overseeing project tracking and execution on one platform, Wrike plays a significant role in accelerating campaign timelines. It ensures projects stay on course, while tasks are completed promptly.The integration of Wrike with MediaValet means your project management process is seamlessly linked with digital asset management, ensuring the necessary assets are readily available within the same platform.Integrating PM and DAM for global team collaborationWith teams working from various locations today, time zone differences can add complexity to collaboration. This is where the integration of Wrike and MediaValet can make a world of difference.Overcoming geographical challengesIntegrating PM and DAM tools is not just about managing projects and assets more effectively. It’s about bringing global teams closer together, fostering a culture of collaboration and leveraging the diverse talents and perspectives a global team brings. With today’s technology, geographical barriers are no longer at the forefront.Wrike and MediaValet combine to provide a unified, cloud-based platform for teams to collaborate, regardless of location. They break down the barriers of distance, making it easier for teams to communicate, share ideas, and work efficiently.Now that we’ve covered the benefits of integrating PM and DAM solutions, a real-world example may help you get a clearer picture of the power of combining tools like Wrike and MediaValet.Knute Nelson drives marketing efficiency with Wrike and MediaValetNon-profit organization Knute Nelson stored all of its assets on a private server to ensure the privacy and security of its customers. However, with many requests and individuals needing assets, the teams struggled to manage the workload and easily share content and assets for publishing.Knute Nelson realized it didn’t need to share any assets with customers’ personal health information; it only needed to share their product and service collateral. It just didn’t have a secure, user-friendly digital asset management to do so.As the team researched different DAM tools, MediaValet stood out, and a significant selling point was the option to integrate with Wrike. As soon as an asset is approved through the production process, Knute Nelson can select a document in Wrike, and it will upload directly into MediaValet without ever leaving the application. The benefits of this integration include:Improved organizationEnhanced discoverabilityIncreased productivityThe Knute Nelson team realized these tools checked all their boxes when searching for the perfect systems, and now they “couldn’t function” without them.“We invested in [Wrike and Media Valet] to allow us to personalize our experiences, making it as easy as possible for our teams and end users to make database decisions about our strategies. Because of this, we are doing more with less and are now able to scale as our industry grows by having the right tools to manage our work.” – Knute NelsonCheck out this case study for the full Knute Nelson story.Setting a new standard in campaign managementAs we navigate an era marked by digital acceleration and intensifying competition, the way we manage campaigns must evolve. Integrated project management and digital asset management tools are setting new standards in campaign management.These systems enable teams in the same office or across the globe to work together seamlessly, not only accelerating campaign execution but also ensuring a consistent, brand-aligned output.As tools like Wrike and MediaValet continue to evolve and innovate, we can expect to see even more transformative changes in the way we manage campaigns in the future. Learn more about how a DAM can help your organization by scheduling a demo with MediaValet today.If you’re not already using Wrike to accelerate your campaign management, it’s time you give it a test drive. Try Wrike for free and discover how your go-to-market campaigns can improve. 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Marketing Enhancing Brand Management Operations with DAM Discover how MediaValet, a leading DAM system, revolutionizes brand management to transform a brand's digital presence & maintain its consistency. January 31, 2024 Nuala Cronin Content Manager 4 min read In the fast-paced world of marketing, brand management stands as a cornerstone for businesses in any industry. But what exactly is brand management? Simply put, brand management is the process of maintaining, improving, and upholding a brand so that it resonates with current and potential customers, stays consistent across all platforms, and ultimately contributes to a company’s goals.The Impact of Digital Transformation on Brand ManagementDigital transformation has radically altered how brands interact with their audience. It’s not just about adopting new technologies; it’s a profound shift in business operations, centered around customer needs and experiences. This transformation means more than just an online presence – it’s about integrating digital processes in every aspect of business to enhance customer engagement and satisfaction.Brand management faces unprecedented challenges. Digital platforms have not only changed how consumers interact with brands but also how brands maintain their presence and reputation in the market.Amidst this flux, digital asset management (DAM) systems have emerged as a vital tool for companies seeking to navigate the complexities of the digital age.This blog post explores the evolving landscape of brand management in the era of digital transformation and how DAM systems offer a strategic solution to its challenges.In this blog post, we’ll delve into:Challenges in modern brand managementHarnessing DAM for effective brand managementHow MediaValet helped Experian through digital transformation and brand managementChallenges in modern brand management:The digital era has significantly transformed brand management. With the advent of social media, mobile technology, and digital channels, brands now have more platforms than ever to engage with their audience, meaning a higher volume of digital assets to manage and expectations to quickly adapt.For some brands, digital channels may even represent the only customer-business interaction. For brand management, this means adapting strategies to meet the expectations of a digitally savvy audience.The primary challenges include:Consistency and Coherence: With multiple digital platforms, maintaining brand consistency becomes harder to manage.Volume of Digital Assets: The sheer volume of digital content required to engage customers across various platforms can become overwhelming.Brand Agility: The rapid pace of change in digital trends demands agility in brand strategies.Brand Integrity: Safeguarding intellectual property and brand image in the digital space is increasingly complex.Brand management has evolved to be more dynamic, data-driven, and customer-centric than ever before.It requires tools and software that not only integrates seamlessly with the existing tech stack, but that also serves entire organizations.A Digital Asset Management (DAM) system is a powerful tool in the arsenal of modern brand management. It serves as a centralized repository for all digital assets, ensuring that the latest and most accurate versions of brand materials are accessible to stakeholders.At its core, a DAM system is a centralized repository that stores, organizes, manages, and distributes an organization’s digital assets. This includes images, videos, audio files, and other digital content. Beyond just storage, DAM systems enable efficient asset retrieval, version control, rights management, and integration with other marketing and business tools.Harnessing DAM Systems for Effective Brand ManagementDAM software streamlines the process of organizing and retrieving digital assets by becoming a single source of truth for all of an organization’s assets.It can help to reduce the risk of using outdated materials and facilitate easy sharing of brand-compliant resources.Let’s break down a few of the most impactful effects a DAM can have on brand management:Enhanced efficiencies: A DAM streamlines workflows by making it easier to find, share, and repurpose assets and collaboration by enabling secure access to non-DAM users helping to maintain a cohesive brand image and save time in marketing operations.Accelerated time-to-market: A DAM enables your team to bring your most impactful assets to market faster and to secure customer and target audience engagement ahead of the competition, helping to enhance brand reputation.Consistent brand representation: CDN linking enables you to expertly manage web content – published changes to assets are instantly reflected to save time and maintain consistency across channels and properties.In-depth analytics: A DAM can aid in brand strategy by providing insights into asset usage and performance. Track which assets are most effective, helping to inform and refine brand strategy and development based on data-driven insights.Scalability: As your brand grows, a DAM system grows with you, managing increasing volumes of assets seamlessly.Interested in how a DAM works in a real-world setting? Experian partnered with MediaValet in 2016 to help manage their brand refresh and have seen it massively aid brand management across distributed teams and external stakeholders.How a MediaValetDAM helped Experian’s Brand ManagementExperian is one of the world’s largest global information companies and must manage brand consistency across 45 countries.Before undergoing a brand refresh, the team at Experian knew that it was crucial to maintain consistency across all regions and campaigns.They wanted to:“Ensure that our brand is cohesive and consistent [and] that we’re all speaking with a single voice and brand vision.”With the sheer volume of brand assets created during the refresh, and the number of stakeholders that needed to access them, Experian wanted to build a central library that was accessible even to their distributed teams.To do this, they needed new tools and technology. Something that could help them work collaboratively across regions, borders and business units.They turned to MediaValet.The platform has proven to be particularly valuable to manage the brand even with distributed, remote teams.They’ve worked closely with the MediaValet team (a complimentary, unlimited aspect to partnering with MediaValet) to ensure widespread adoption of the platform.Managing more than 10,000 assets within the library, they’ve leaned on the LightBox function to streamline sharing capabilities and to save time.Experian has seen their brand transform worldwide and have maintained it seamlessly with the help of the MediaValet DAM.“It was a comprehensive, enterprise solution, that was incredibly easy to understand and use.”Read the full Experian story here. 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DAM Knowledge The Role of DAM in Protecting Digital Assets Discover how DAM uses watermarking, permission controls, and more to protect digital assets and the integrity and safety of your brand. January 22, 2024 Nuala Cronin Content Manager 6 min read Protecting digital assets and modern brand management may seem like separate priorities, but they are intrinsically connected. Digital asset security has become a cornerstone of maintaining and enhancing a brand’s identity. Digital assets, like logos, images, videos, and carefully curated branded content, are not mere digital files; they represent the heartbeat of a brand’s visual and interactive presence in the market. In this context, Digital Asset Management (DAM) systems emerge as the champions of digital asset protection and optimization. These systems don’t just store and organize assets; they enable brands to unlock the full potential of their digital repertoire. From ensuring easy access and effective distribution to maintaining version control and usage rights, DAM systems are the silent yet powerful engines driving the efficiency and efficacy of digital asset management. This article delves into the critical role of DAM in not just protecting but also enhancing the value of digital assets. We will navigate through: Why protecting digital assets should be a priority, The intricate functionalities of DAM systems in protecting brand assets, and Why a MediaValet DAM is the #1 DAM on the market for security Join us as we unravel the layers of Digital Asset Management and its pivotal role in shaping the future of brand identity and success in the digital era. Why is Protecting Digital Assets a Priority? In today’s digitally driven market, digital assets not only enhance brand recognition but also foster consistency across platforms, ensuring a consistent brand presence and credibility. Their strategic use can significantly influence customer perception and loyalty, making their management and protection vital for sustained success. Moreover, in a world where brand consistency across various platforms is not just preferred but expected, these digital assets become the guardians of uniformity. This consistency is the linchpin in creating a seamless and engaging customer experience, fostering a sense of familiarity and trust among the audience. But aside from digital brand safeguarding, there are several other factors that have made protecting digital assets more of a priority: Digital Transformation and Increased Online Presence: Digital assets have become central to operations, marketing, and communication strategies and to ensure sustainable growth across multiple online channels, it’s imperative to safeguard these assets against unauthorized access, use, or theft. Intellectual Property Rights: Digital assets are often proprietary and hold significant intellectual property value. Protecting them ensures that these rights are not infringed upon, maintaining the uniqueness and competitive edge of a brand. Increase in Cybersecurity Threats: The surge in cyber threats, such as hacking, data breaches, and unauthorized distribution, poses a significant risk to digital assets. Sensitive information, if compromised, can lead to financial losses and damage to a brand’s reputation. Remote Work and Decentralization: Remote working models have dispersed the control over digital assets, making centralized protection more challenging. Ensuring secure accessibility to digital assets has become critical. When it comes down to it, protecting digital assets doesn’t need to be complicated. A DAM system should provide a central, secure repository for all a brand’s assets and proves to be a comprehensive solution when it comes to digital asset protection strategies. How a Digital Asset Management System Protects Digital Assets A DAM system is a centralized system for managing, organizing, sharing and distributing digital assets. It’s preferred by organizations looking for a secure, scalable, feature-rich asset management solution. By using a DAM system, companies of all sizes experience increased productivity, better online presence, improved brand reputation, higher ROI for content and creative programs, and faster time-to-market. A DAM can increase accessibility and discoverability of digital assets without compromising on security. In fact, a DAM can increase protection of assets through a couple of different security features. Watermarking Most DAM systems will offer the ability to watermark assets. A watermark is an image, overlay, or text that’s placed over a digital asset. Usually, the watermark will be monochromatic and transparent, to enable others to still view the asset. It ensures that asset ownership is clear. Watermarking at work: Protecting Marketing Materials: Watermarking promotional and curated materials ensures that preliminary designs shared with clients are protected against unauthorized use or distribution before final approval. Securing Photography and Artworks: By utilizing watermarking for works shared works online, brands can safeguard against theft while still showcasing their portfolio to potential clients and the public. MediaValet’s Forensic watermarking technology takes it one step further to deter the improper or unauthorized use and distribution of digital assets like images or videos. By embedding a unique, invisible, and unremovable identifier onto your image, GIF, PDF, or video. Our watermarking technology can stamp every single frame of a video and even works on screenshots taken from the DAM. Single Sign-On (SSO) Capabilities Single Sign-On (SSO) enables users to securely authenticate their identity using their work account credentials, typically email addresses. It allows IT teams to configure and manage permission levels for individuals and groups from a single location. When a DAM is integrated with SSO, users gain immediate and seamless access to digital assets, while IT teams only need to manage one account per user. It helps to manage user access in a simple, secure and scalable way and increases accessibility to a brand’s entire digital asset library without compromising on security. Implementing SSO: Streamlining Employee Access: In a company with a large workforce, SSO allows employees to access DAM systems using their existing company credentials, simplifying the login process and reducing password fatigue. Enhancing IT Security: For IT departments, an SSO integration means a reduced number of access points to monitor and secure, leading to enhanced overall security posture. It also allows for quick deactivation of access for employees who leave the company, protecting against potential theft of assets. MediaValet offers single sign-on integrations with any identification provider that supports SAML or OIDC/OpenID authentication protocols, including Azure Active Directory, Okta and Google SSO. Permission Controls DAM Systems will enable administration users to set permission controls and user access levels within their organization. Permission controls in action: Role-based Access in Large Enterprises: In an enterprise sized corporation, different teams (marketing, sales, design) require access to specific assets. With permission controls, each department can access only what’s relevant to their work, minimizing the risk of accidental or unauthorized asset distribution, modifications, or accidental deletions. Freelancer and External Partner Collaboration: For projects involving external collaborators, like freelancers or partner agencies, permissions can be set to grant temporary access to only the necessary assets, ensuring other sensitive materials remain secure. Remember, not all DAMs are created equal. MediaValet offers unlimited users and user groups each with customizable permissions and access levels, including their ability to access, share, and download specific sets of assets. This offers additional layers of control to prevent unauthorized asset use, and ensures that your organization’s access is manageable, even as it grows. Why MediaValet is #1 in DAM Security MediaValet understands the importance of keeping our customers’ assets safe. Security is a priority, so much so that SecurityScorecard ranked MediaValet as the #1 DAM vendor for security on the market. Built on Microsoft Azure, MediaValet is compliant and/or certified with more than 90 regulatory standards. SOC 2 certified by PwC for security, availability and confidentiality, MediaValet undergoes regular vulnerability and penetration testing. Apart from the certifications, how else does a MediaValet DAM help protect your asset library? Let’s dive into some key features. Key MediaValet Features to Promote Asset Protection MediaValet is jam-packed with security-focused features that can ensure safe discoverability of your assets: AuditTrails MediaValet’s audit logs encompass operations on digital asset usage (i.e. view, upload, download, edit, comment, etc.). They provide visibility into unauthorized asset usage to help maintain a trail of any issues you may encounter. SecureSharing Options MediaValet allows administration to set optional passwords, expiry dates and watermarks to ensure that files are being shared securely but internally and externally; from employees to customers and partners to vendors, sharing assets and asset libraries is secure yet easy. A Commitment to Privacy MediaValet is GDPR, CCPA and PIPEDA compliant, and can assist customers with DPA (Data Processing Agreement) requirements. But don’t just take our word for it, our customers think very highly of our DAM security capabilities: As a massive organization, we have very strict procurement guidelines and security requirements for vendors… MediaValet stood out immediately as a front runner. James Carter, Global Brand Manager Experian Read the full Experian and MediaValet story here! Find out how a digital asset management system like MediaValet could both protect your organization’s digital assets and safeguard your brand – speak to a rep today to learn how we can help! Related Articles DAM Knowledge DAM vs CMS: How Are They Different? Read more DAM Knowledge The Essential Guide to Digital Asset Management Workflows Read more DAM Knowledge The Beginners Guide to Building a DAM Taxonomy Read more DAM Knowledge Understanding DAM User Roles Read more Ready to see what the DAM hype’s about? Meet with one of our product experts Book a demo
DAM Knowledge Navigating the Digital Transformation Wave: The Crucial Role of DAM Systems Learn to navigate digital transformation and enhance your tech stack with a digital asset management system at the centre of your transition. January 16, 2024 Nuala Cronin Content Manager 4 min read As we head into 2024, businesses face a critical transition: digital transformation. It’s a comprehensive shift that goes beyond technology adoption, by integrating digital technology into all aspects of business. The goal is to change how organizations operate and deliver value to customers, with customer-centricity at its core.Digital transformation reshapes business strategies, ensuring they are agile and responsive to customer needs and market changes. It’s about creating a digital, customer-centric approach, where understanding and responding to customer behaviors and preferences is key.Businesses are not just changing though; they are undergoing a complete digital overhaul. The most successful businesses of the past few years have embraced digital means to enhance customer experiences and streamline operations.This transition is increasingly vital as companies face tightening budgets, the need to expand campaigns and digital reach, and the proliferation of digital channels.Let’s uncover how digital transformation will impact 2024:Why does Digital Transformation Matter?Key Trends in Digital TransformationHow to Prioritize for a Successful Digital TransformationThe Role of Digital Asset Management (DAM) in Digital TransformationWhy Digital Transformation Matters NowStaying competitive means being able to quickly adapt to evolving customer expectations and market conditions. Digital transformation enables businesses to leverage technology for better customer engagement, operational agility, and integration of digital technologies, leading to improved efficiency and innovation.The impact of digital transformation varies across industries. In healthcare, for instance, digital technology is revolutionizing patient care through telemedicine and electronic health records. In finance, it’s reshaping customer interactions with mobile banking and personalized financial advice using AI. These industry-specific transformations underscore the versatility and necessity of digital strategies in today’s diverse business landscape.But while embracing digital transformation is critical, it’s not without its challenges. Businesses often struggle with integrating new technologies with existing systems, managing data security, and ensuring employee adaptation. Overcoming these hurdles requires a strategic approach: prioritizing user-friendly technologies, investing in cybersecurity, and providing comprehensive training for employees. Addressing these challenges head-on ensures that the digital transformation journey is smooth and productive.As organizations grow and expand their reach, their tech stack needs to adapt. But to successfully do so, it’s important that a technology stack:Aligns with Business Goals: The chosen technology should align with the company’s strategic goals and the evolving digital landscape.Ensures Scalability: Technologies should scale and adapt as the business grows and as the market evolves.Optimizes Customer Experience: Tech solutions should enhance customer engagement and satisfaction.Applying this method can help to ensure each piece of technology chosen serves an organization, but an awareness of key digital transformation trends is foundational to a successful transition.Key Trends in Digital TransformationUnderstanding key trends can enable organizations to leverage technology for innovation, efficiency, and competitive advantage.It’s crucial to understand trends to make informed decisions that foster long-term success, adaptability, and resilience in a rapidly changing digital environment.Trends include:Increased Emphasis on Data Management: Effective management and analysis of data are critical for making informed decisions and personalizing the customer experience.Adoption of Cloud Technologies: Cloud technology offers scalability, flexibility, and cost-efficiency, aiding businesses in their digital transformation efforts.Enhanced Focus on Customer Experience: Utilizing digital technologies to enhance customer experience is a priority. This includes personalized marketing and responsive customer service platforms.Growth of AI and Machine Learning: These technologies are being increasingly used for predictive analytics, customer service, and personalization.Rise of Digital Asset Management (DAM): A crucial trend is the growing importance of DAM systems in managing digital assets efficiently and effectively.How to Prioritize for a Successful Digital TransformationTechnology is constantly evolving and revolutionizing how businesses operate. This future landscape calls for frameworks that are not only adaptive to current trends but also flexible enough to embrace future technological breakthroughs.The digital transformation journey should encompass several key elements and be based on:Customer Experience: Focusing on the customer experience is paramount. It’s about understanding and responding to customer needs at every stage of the journey, and your tech stack should centre around this.Operational Agility: Being able to respond rapidly to market changes and internal demands is crucial. This involves optimizing processes and incorporating agile methodologies. Technologies should serve several departments, if not entire organizations.Digital Technology Integration: This involves integrating digital technologies into all areas of a business, resulting in fundamental changes to operations and how value is delivered to customers. Ensuring your tech stack integrates seamlessly across your organization and enhances your workflows is key.The Role of Digital Asset Management (DAM) in Digital TransformationOne of the main challenges in digital transformation is managing the volume and variety of digital content. A DAM system addresses this by offering a central, structured, searchable platform for easy asset accessibility, crucial in a fast-paced digital environment.This centralization ensures consistency in branding and messaging across various digital platforms and facilitates better collaboration among teams by providing easy access to needed assets which are crucial for maintaining a strong online presence.When it comes to digital transition, DAM plays a multifaceted role. In marketing, it’s about ensuring that digital assets are easily accessible for creating consistent, engaging content across all channels. In sales, DAM systems facilitate the quick sharing of updated resources, ensuring that the sales team represents the brand accurately. In internal communications, DAM ensures that employees have access to the latest training materials and company updates, fostering a well-informed workforce.These varied applications highlight DAM’s essential role in streamlining and enhancing various facets of a business.And while a DAM system streamlines the process of managing digital assets, saving time and resources, there is so much more a DAM solution can do to positively impact an organization’s digital transformation.Brand Consistency: DAM ensures that all digital assets are aligned with brand guidelines, maintaining consistency across all channels.MediaValet’s Branded Portals enable organizations to securely share on-brand, approved assets with external stakeholders to ensure correct asset usage across a multitude of channels.Improved Asset Utilization: By having a central repository, the reuse of assets is promoted, ensuring that resources are fully utilized.According to the 2024 DAM Trends Report, 64% of DAM users have increased their use of on-brand assets due to DAM integrations, and 71% spend less than 5 hours a week searching for assets.Security and Compliance: DAM systems offer secure storage and management of assets, ensuring compliance with copyright and data protection regulations.MediaValet has the highest security rating of any DAM vendor, as ranked by SecurityScorecard.Scalability: As businesses grow, DAM systems can scale to meet the increasing volume and complexity of digital assets.MediaValet offers an unlimited package of users, categories, user groups, training, and support to ensure that our customers’ growth is always supported.Integration with Other Tools: DAM systems can integrate with other digital tools, enhancing the overall digital ecosystem of an organization.MediaValet integrates seamlessly across the tech stack ensuring streamlined workflows and processes.As businesses navigate the digital transformation wave, the role of Digital Asset Management systems becomes increasingly crucial. They not only enhance efficiency and productivity but also play a key role in maintaining brand consistency and ensuring effective use of digital assets. As part of a broader digital transformation strategy, DAM systems like MediaValet provide the foundation for a robust and dynamic digital presence, crucial for business success in the digital age. Related Articles DAM Knowledge DAM vs CMS: How Are They Different? Read more DAM Knowledge The Essential Guide to Digital Asset Management Workflows Read more DAM Knowledge The Beginners Guide to Building a DAM Taxonomy Read more DAM Knowledge Understanding DAM User Roles Read more Ready to see what the DAM hype’s about? Meet with one of our product experts Book a demo
DAM Knowledge The Benefits of DAM for Banks and Financial Institutions Digital Asset Management (DAM) systems for banking and financial institutions are becoming increasingly critical. Learn why. December 6, 2023 Nuala Cronin Content Manager 3 min read Digital Asset Management (DAM) systems are increasingly becoming a cornerstone for banks and financial organizations aiming to enhance their operational efficiency, secure sensitive information, and maintain a consistent brand identity.In a world where digital assets are as valuable as physical ones, especially in the financial sector, the strategic implementation of a DAM system can provide a competitive edge.This blog post will explore:the benefits of DAM systems for financial organizations, andreal-life examples of DAM benefitting financial institutions.The Benefits of DAM Systems for Banking and Financial Institutions1. Enhanced Security: Safeguarding Sensitive InformationIn the financial sector, security is not just a feature; it’s a necessity. Financial institutions deal with sensitive client information, transaction details, and proprietary financial data.A MediaValetDAM system provides robust security measures like SSO, encryption, access control, and Forensic Watermarking providing an additional layer of security over traditional file storage systems.MediaValet is ranked the #1 DAM vendor for security by SecurityScorecard and is SOC 2 certified and compliant with numerous industry standards, including HIPAA, GDPR, and more.2. Branded Portals: Maintaining a Cohesive Brand IdentityFinancial organizations often operate across multiple channels and regions, making consistent brand representation a challenging task.Whether it’s for marketing, communication, internal use, or alignment with the organization’s brand guidelines, centralized management of all brand-related assets is essential. But sharing these, especially externally, can be challenging.MediaValet’s Branded Portals ensure that every stakeholder has access to the right content, ensuring consistent branding to help build customer trust and recognition among clients.3. Scalability and Flexibility: Facilitating Growing OperationsThe financial sector is dynamic, with organizations often undergoing changes in size, structure, and operations.Whether it’s increasing storage capacity, adding new users, or integrating with emerging technologies, DAM systems can evolve without disrupting existing workflows. This flexibility is crucial for financial organizations that need to stay agile and responsive to market changes.MediaValet offers unlimited users and training to ensure that as you expand, your DAM can scale with you.4. Improved Workflows: Enhancing Collaboration and ProductivityCollaboration is key in any financial organization, where teams often work on complex projects requiring a high degree of coordination both within and outside of core teams.DAM systems facilitate smoother collaboration by providing tools for quick asset discovery, version control, workflow management, and real-time asset sharing. These features ensure that everyone is working on the most current version of an asset, reducing errors and saving time.MediaValet’s AI-powered metadata and Advanced Search allow you to discover the right assets, in seconds, while MediaValet analytics to make smarter, data-backed decisions with detailed reports, straight from the DAM.Use Cases for DAM for Banking and Financial InstitutionsACAMS is the largest global membership organization dedicated to fighting financial crime.Spread across three main locations; Miami, London and Hong Kong, ACAMS found it increasingly difficult to manage its growing library of digital assets.They began searching for a DAM platform in 2019 and have since been a client with MediaValet.At the beginning, they use their DAM to store mostly brand assets like JPGs, PNGs, PDFs and Microsoft files like Excel, Word and PowerPoint.Eventually, they started to incorporate their creative team‘s work including production files into the DAM to enable collaboration across the creative team. With the addition of Audio/Video Intelligence, they’re also focusing more on video assets.ACAMS has seen massive returns on their MediaValet DAM, it has saved them time on asset discovery and limits colleagues having to recreate files.Why did ACAMS choose MediaValet as their DAM provider?What really made MediaValet stand out was the unlimited support and training. It’s so valuable for us and we’re still taking advantage of it!James Langan, Senior Global Brand Specialist, ACAMSWant to learn more about ACAMS DAM Journey? Read their full story here.A DAM system for banking and financial institutions is not just a tool for managing digital assets; it’s a strategic investment that can enhance security, improve efficiency, and foster a stronger brand identity.Investing in a robust DAM system can yield significant dividends in terms of operational efficiency, compliance, and competitive advantage. As the financial sector continues to evolve, the role of DAM systems in supporting and streamlining these changes becomes increasingly vital. Related Articles DAM Knowledge DAM vs CMS: How Are They Different? Read more DAM Knowledge The Essential Guide to Digital Asset Management Workflows Read more DAM Knowledge The Beginners Guide to Building a DAM Taxonomy Read more DAM Knowledge Understanding DAM User Roles Read more What a DAM good read! Fuel your DAM knowledge by browsing our Resource library Build My DAM Knowledge
DAM Knowledge How AI-Powered DAM Metadata Fuels Asset Accessibility Learn how DAM metadata, powered by AI, enables universal asset accessibility for organizations. October 25, 2023 Nuala Cronin Content Manager 3 min read Recently, artificial intelligence (AI) has recently been changing the way we do many things. From the way we work, to the way we communicate, the surge in available AI technology has impacted us significantly.But AI is not a new aspect to most digital asset management (DAM) systems. Over the past several years, AI has been quietly revolutionizing the way DAM systems manage and access assets.At the heart of this transformation is DAM metadata.But why is it important and how does it increase asset accessibility for organizations?To further explain the purpose and benefits of DAM metadata, this blog post will delve into:What DAM metadata is,Why asset accessibility is crucial for organizations, andWhy AI-powered DAM metadata is the key to accessibility.What is DAM metadata?DAM metadata is the descriptive information and data assigned to digital assets within a DAM. It plays a crucial role in organizing, categorizing, and retrieving digital assets efficiently. It provides context and information about the assets, making it easier for users to search for, locate, and manage their digital files.DAM systems have evolved significantly, thanks to AI-powered features. Metadata, particularly metadata tagging, plays a pivotal role in making assets easily accessible.Universal accessibility to assets is crucial to an organizationImagine a scenario where your organization’s valuable digital assets are scattered across various servers, cloud storage, and individual devices. Finding the right asset becomes a needle-in-a-haystack situation.Employees waste precious time searching for assets, recreating content that already exists, or using outdated versions. This not only hampers productivity but also creates silos within the organization, hindering collaboration and consistency.Enabling easy, centralized, and secure access to entire asset libraries is the best way to facilitate universal accessibility. This can benefit organizations in a multitude of ways:1. Removes SilosCentralizing your digital assets, helps to break down the silos that typically exist within an organization. Everyone in your organization can access the same assets from a single source, ensuring consistency in branding and messaging.2. Saves TimeTime is money, and searching for assets manually consumes valuable hours. With universal accessibility, employees can quickly locate the assets they need, leading to increased efficiency and reduced duplication of efforts.3. Enhances CollaborationEasy access to assets promotes collaboration among teams. Whether it’s marketing, design, or sales, teams can work seamlessly together, sharing and repurposing assets without friction.4. Maintains Brand ConsistencyConsistency in branding is crucial for brand identity and recognition. Universal access ensures that everyone uses the latest and approved brand assets, helping maintain a consistent brand image.Now that we understand the importance of asset accessibility, let’s explore how DAM systems leverage AI to enhance this accessibility.AI-Powered DAM Metadata is KeyDAM systems, enhanced by AI, provide organizations with a secure and streamlined approach to asset accessibility.AI-powered metadata tagging and search capabilities simplify asset discovery, while robust permission controls ensure data security. This harmonious blend of technology empowers organizations to efficiently access and manage their digital assets while safeguarding sensitive information.When it comes to DAM systems, MediaValet stands out with its AI-powered features that enhance DAM metadata and, consequently, asset accessibility:Advanced SearchMediaValet’s Advanced Search leverages AI to provide robust search capabilities. Users can search based on keywords, content within assets, metadata, and even visual attributes. This makes finding assets a breeze, regardless of the size of your asset library.Auto TaggingMediaValet’s AI-driven auto tagging feature saves significant time in the metadata tagging process. It can automatically generate relevant tags based on the content of the asset, improving the accuracy of categorization.Face RecognitionMediaValet’s face recognition technology simplifies the tagging of people in images and videos. Whether you’re managing a library of employee headshots or customer photos, MediaValet’s face recognition ensures accurate and consistent tagging.Universal accessibility to digital assets is no longer a luxury but a necessity for organizations of all sizes.DAM systems, especially those leaning in to AI powered features and robust metadata tagging, are the key to achieving this accessibility.By honing it’s advanced AI-features MediaValet is at the forefront of the DAM market and ensures that customers’ asset accessibility is smoother and more efficient than ever.If you’re looking to unlock the true value of your assets with AI, it’s time to invest in a MediaValet DAM. Related Articles DAM Knowledge DAM vs CMS: How Are They Different? Read more DAM Knowledge The Essential Guide to Digital Asset Management Workflows Read more DAM Knowledge The Beginners Guide to Building a DAM Taxonomy Read more DAM Knowledge Understanding DAM User Roles Read more What a DAM good read! 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Shopping For a DAM Purchasing a Digital Asset Management System in an Uncertain Economy Purchasing a digital asset management system has never been more important. But with the uncertain economy, a detailed, thorough plan to implement the right DAM in your organization is crucial. October 19, 2023 Nuala Cronin Content Manager 3 min read Purchasing a digital asset management system has never been more important. The expanding need for content across multiple channels requires a level of digital asset organization many organizations simply aren’t prepared for.But buying a DAM, or any new software is meeting new challenges with in the current, uncertain economy.The tech landscape has been experiencing a significant shift in how businesses purchase tech solutions.The sales cycle, which has traditionally been predictable, has taken an unexpected turn, impacting not only tech companies but also the customers.This change means that selecting the right DAM vendor for your organization is even more important. It’s crucial to have a clear plan in place to prove how a digital asset management system can provide value to all stakeholders.Whether the world is experiencing an economic downturn or not, organizations are almost always aiming to reduce or maintain costs. The result is constant competition for available funds and resources.Buyers are almost always facing tightened budgets and intense scrutiny on the security, value, and costs of software. Every solution under consideration is now subject to extra scrutiny, and further demand to prove its worth.In this blog post, we’ll briefly explore:the evolving purchase cycle,articulating the value of a digital asset management (DAM) system, andthe importance of selecting the right DAM vendor.Why is the Sales Cycle Changing?One of the most noticeable trends in the tech industry has been the prolonged sales cycle. This change has affected startups and enterprise companies alike, with startups experiencing a 24% increase and enterprises facing a whopping 36% increase in their sales cycles.The primary driver behind this transformation is the looming financial uncertainty that seems to lurk around every corner. Tech companies are feeling the pinch and are looking to do more with less. As a result, every software solution under consideration is subject to extra scrutiny, demanding proof of its worth.This means that on identifying a DAM platform or solution provider, those leading the project will have to come prepared with a long-term impact plan.To ensure your projects stay on track and your team’s achievements are not delayed, you need to navigate the involvement of all stakeholders effectively.Consider the following questions:Who is Going to Be Involved? Identify all key stakeholders, including C-Suite executives.How to Navigate Their Involvement? Develop strategies to engage and educate all stakeholders in the decision-making process.Proving Value to Executives: For C-Suite executives who may not have been involved in the buying process before, it’s essential to demonstrate the value of the digital asset management system, and how it aligns with long-term organizational and financial goals.How a Digital Asset Management (DAM) System can impact your whole organizationIn this era of economic uncertainty, it’s crucial to build an exceptional core tech stack. A DAM system is a crucial component that can help you manage and optimize your digital assets, such as images, videos, documents, and creative content.In times when resources are tight, efficiently managing your digital assets becomes a critical aspect of your tech stack.Digital asset management systems ensure that your organization can:Streamline Content Access: Enable quick and easy access to digital assets for all stakeholders.Enhance Collaboration: Facilitate collaboration on digital assets across departments and teams.Maintain Brand Consistency: Ensure that branding elements and assets are consistently used across various channels.Improve Compliance: Meet regulatory and compliance requirements for asset management.Boost Productivity: Save time and effort in searching for and repurposing digital assets.Choosing the Right DAM VendorA robust and well-developed or best-of-breed DAM system like MediaValet can positively impact an entire organization.Effective, central asset organization with easy yet secure access to the correct assets, whether that be images, videos, logos, documents, or other files, ensures all stakeholders within an organization can benefit transformative.The 2024 DAM Trends Report provided some excellent insight into the tangible benefits MediaValet customers experience with their DAM.The benefits include:Increase marketing efficiencies to speed up time-to-marketImprove sales enablement to expedite sales cyclesOptimize creative resources to save timeEnhance customer success and support to improve customer satisfactionEnable secure access to external or remote teams to promote better brand consistencySeamlessly integrate with existing tech stacks to protect company and customer dataMediaValet offers customers a partnership to ensure that growth and success are supported. Built on Microsoft Azure, MediaValet customers benefit from unmatched accessibility, scalability, and security for their valuable digital assets.Though it may take longer to complete, by having your ducks in a row, your DAM journey can be successful! Having a thorough understanding of your options, how to navigate the buying journey and each stakeholder, and how best to communicate value can help streamline your project and push it over the line!Not sure where to start your market research? Read the G2 DAM Vendor Comparison Guide to see how a MediaValet DAM measures up against our competitors. Related Articles Shopping For a DAM Why DAM is Crucial During Mergers and Acquisitions Read more Shopping For a DAM PIM vs DAM: Are They Better Together? Read more Shopping For a DAM Building a Business Case for DAM: The 6 Step Guide Read more Shopping For a DAM The Best Digital Asset Management Platform for your Organization Read more Ready to see what the DAM hype’s about? 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Shopping For a DAM Best-of-Breed vs. Full Suite: Which is Superior for DAM? Choosing the right DAM for your business? Compare best-of-breed DAMs with full-suite solutions and uncover why experts prefer specialized systems. October 12, 2023 Nuala Cronin Content Manager 4 min read Implementing a digital asset management (DAM) system is vital for organizations that handle large volumes of digital assets. The growing need for content creations and distribution across multiple channels means that organization and centralization of, and secure access to digital assets is crucial. As the need for DAM grows and the market matures, the array of available DAM system options can be difficult to keep up with. Organizations that are comparing DAM systems must make one very important distinction: do they need a full suite DAM or a best-of-breed (BoB) DAM? In this post, we explain: What is a Best-of-Breed DAM? What is a Full-Suite DAM? Why is a Best-of-Breed DAM the superior choice? Let’s delve deeper to understand the differences, the most important considerations, and help you decide which DAM might be the best fit for your organization. If you’re already sure you want a pure-play DAM, check out the best DAM options on the market with a free copy of the G2 DAM Comparison Guide. What is a pure-play or best-of-breed DAM? A pure-play or best-of-breed (BoB) DAM is a system that specializes exclusively in digital asset management. It is tailor-made for this function, ensuring that every feature and function is designed with asset management in mind. MediaValet is a prime example of a pure-play DAM. Such systems are often regarded as having higher specialization, offering a comprehensive set of features that cater specifically to the needs of DAM. Key Features of a BoB DAM: Specialized functionalities. Scalability and customization. Rapid adaptation to new technological trends, like DAM AI. Focused user experience tailored to asset management tasks. What is a full-suite DAM platform? A full-suite DAM platform, such as Adobe, is a comprehensive system that offers digital asset management as one of its many integrated modules. Unlike a pure-play DAM, a full-suite system provides a range of tools and functionalities beyond just asset management, often developing tools like content management, design software, analytics, and more. Key Features of a Full Suite DAM: Integrated solutions for various digital tasks. One platform for multiple operations, from designing to asset management. Consistent user interface across various modules. Offers the convenience of a single-vendor relationship. Why is a best-of-breed DAM a superior choice? There are several reasons why many industry experts view a best-of-breed DAM as a superior choice. There are many reasons a pure-play DAM is a better choice for organizations looking to implement a digital asset management system. A critical point brought up by Gartner is the risk associated with full-suite platforms. Gartner mentions: “Although platform vendors offer numerous enterprise applications and claim that their integrated system is a superior solution, all modules in a platform system are rarely best-of-breed [and also not best-in-class].” But it’s not just capabilities, there are other downsides that might not seem apparent upfront. “These [full-suite] platforms often require long-term contracts, which compounds the ultimate cost to your organization to use these tools, and require you to change the way you work in order to get the value from the platform… Finally, you run the risk of putting all your eggs in one basket, creating an often-overlooked continuity risk.” This points out that while integrated systems might seem appealing, they often present hidden costs, slower adaptation rates, and potential continuity risks that can adversely affect businesses in the long run. Best-of-breed DAMs offer users long-term benefits and the option to pick and choose the features that work for them. 1. Depth Over Breadth: A BoB DAM like MediaValet focuses entirely on delivering the best digital asset management system. This concentration ensures that all resources and research go into creating a cutting-edge DAM, often resulting in a product that outpaces full-suite platforms in terms of functionality and efficiency. 2. Rapid Evolution and Adaptability: A key benefit of digital asset management systems that are best-of-breed is their ability to quickly adapt. Their specialized nature often allows them to implement new technologies, such as AI, faster than broader platforms. 3. Flexibility and Scalability: With a best-of-breed cloud-based digital asset management system, organizations can often tailor the system more effectively to their specific needs. This ensures that as a business grows, the DAM can grow and adapt with them. Choosing the right solution for you Choosing between a full-suite DAM and a best-of-breed DAM boils down to the specific needs of an organization. If a business is looking for a platform offering multiple functionalities under one roof, a full-suite DAM might be suitable. However, for those seeking something more specialized, adaptable, and scalable, a best-of-breed DAM, like MediaValet, is often the superior choice. Whatever the choice, understanding the benefits and potential drawbacks of each is crucial to making an informed decision. Interested in moving forward with a best-of-breed DAM? Download our free guide: How to Buy a DAM, and implement the right DAM for your organization in just 7 steps. Related Articles Shopping For a DAM Why DAM is Crucial During Mergers and Acquisitions Read more Shopping For a DAM PIM vs DAM: Are They Better Together? Read more Shopping For a DAM Building a Business Case for DAM: The 6 Step Guide Read more Shopping For a DAM The Best Digital Asset Management Platform for your Organization Read more What a DAM good read! Fuel your DAM knowledge by browsing our Resource library Build My DAM Knowledge
DAM Knowledge The Benefits of Digital Asset Management for Governments Understand the transformative power of digital asset management (DAM) for government: Simplify, secure, and streamline asset management like never before. October 10, 2023 Nuala Cronin Content Manager 3 min read As government teams struggle with the exponential growth of digital media and materials, and the need to distribute these across numerous new channels, efficient systems to manage these assets has become even more important.There’s a solution. A DAM allows governments to securely take control of ever-growing asset banks and also protect historical assets.Why is a DAM beneficial for governments and municipalities over other file management solutions?Because digital asset management systems enable governments and municipalities to:Centralize asset libraries,Enhance brand consistency,Ensure secure asset distribution and access,Improve workflows, andSave costs.DAM isn’t just a fancy tool—it’s a game-changer. Digital asset management benefits for governments are countless, but we’l break down some of the most important ones here.1. Centralized StorageHistorically, government agencies have relied on multiple shared drives, often located in different departments and locations. This lack of centrality leads to duplication, loss of assets, and hours wasted in searching for the right file.A DAM creates a centralized repository where assets are systematically stored, automatically tagged, and easily searchable. Whether it’s for municipalities or larger government bodies, everyone has access to what they need, when they need it, eliminating the chaos of traditional storage methods.Time Reduction88%Of MediaValet government customers reduced time searching for digital assets to less than 5 a week2. Enhanced Brand ConsistencyGovernments, just like businesses, have a brand to uphold. With multiple departments and teams accessing and using brand assets, there’s a risk of inconsistencies cropping up.A DAM ensures that every team has access to the same set of updated brand assets, fostering consistent branding across all communications.3. Improved WorkflowsCollaboration is at the heart of government functioning and when teams are each working from different tools, it can create chaos.A DAM for municipalities and larger agencies can streamline workflows. Whether it’s reviewing a public campaign or updating official documents, DAM’s collaborative tools and integrations allow multiple stakeholders and external teams or agencies to work in tandem, reducing bottlenecks and improving efficiency.Hours saved400DAM workflows could have saved The City of Kawartha Lakes weeks worth of work building websites4. Secured Distribution & AccessMore so than most businesses, digital asset security is paramount for government agencies.With DAM, not only are assets stored securely, but distribution is controlled. User permissions ensure that only authorized individuals can access, modify, or distribute specific assets. This reduces the risk of unauthorized use or leaks.5. Saved CostsThough there’s an initial investment in setting up a DAM system, the long-term savings are considerable, especially when compared with other asset management solutions.From reducing the need for physical storage to cutting down on lost man-hours searching for assets, the efficiencies brought by DAM translate to tangible cost savings.Costs Saved66%Of MediaValet’s government customers have saved on asset creationWhy Choose a MediaValet DAM for Government?In the 2024 DAM Trends Report, government and municipalities reported incredible feedback on MediaValet:87.5% of government customers are satisfied with their MediaValet DAM.80% of government customers achieved ROI in just 1 year, and 100% achieved ROI in just 18 months.MV government customers have a high approval with an average rating of 4.4 out of 5.Want to learn more about how governments are benefitting from a digital asset management system? Get a free copy of the report here!In an age where digital is omnipresent, efficient management of digital assets has become essential. For government agencies, this isn’t merely about convenience. It’s about upholding a standard of excellence in public communication, maintaining brand consistency, ensuring security, and, most importantly, serving the public more efficiently.Digital Asset Management for government entities is more than just a tool—it’s a strategic ally in effective and transparent governing. As the digital landscape continues to evolve, government and municipalities that adopt and leverage DAM are set to be at the forefront, leading with efficiency and innovation. Related Articles DAM Knowledge DAM vs CMS: How Are They Different? Read more DAM Knowledge The Essential Guide to Digital Asset Management Workflows Read more DAM Knowledge The Beginners Guide to Building a DAM Taxonomy Read more DAM Knowledge Understanding DAM User Roles Read more Ready to see what the DAM hype’s about? Meet with one of our product experts Book a demo
Marketing Marketing and AI: Using AI to Enhance Marketing Strategies Learn how marketing teams can use AI to enhance marketing strategies through better campaign targeting and tailoring. September 19, 2023 Nuala Cronin Content Manager 4 min read Welcome to the final part of our three-part series: Marketing and AI! Part three covers using AI to enhance marketing strategies. Learn how to leverage AI to build better-targeted and tailored marketing campaigns that reach a wider, more qualified audience.In case you missed earlier posts, read how AI is revolutionizing marketing efforts, and how AI can act as an extra team member.Artificial intelligence (AI) is constantly evolving and it’s impacting the way marketing professionals reach their target audiences. Most organizations are, at the very least, dabbling in AI-powered tools to elevate their marketing, but some are still skeptical.AI has raised the stakes though, and teams that aren’t leveraging AI to enhance marketing strategies are falling behind their competition.By leveraging AI, marketers can gain valuable insights into customer behaviors and preferences. These can help to create better targeted, and better tailored campaigns for their target markets.As AI continues to evolve, marketers can look forward to even more powerful capabilities. Marketers should use AI-powered tools to:Review the past through data-driven insights,Prepare for the future with predictive analytics, andTruly optimize resource allocation.Using AI to Enhance Marketing StrategiesThere are multiple ways marketers can use AI to enhance marketing strategies. By automating marketing tasks like content creation and scheduling, marketers can free up time to focus on more strategic tasks.Marketers can leverage AI to uncover past insights they’ve never had time to review. They can also anticipate customer needs and identify trends to create more impactful strategies that drive long-term business value.Read about the 8 AI Tools that can Enhance your Marketing StrategyReviewing the Past with Data-Driven InsightsWith quickly changing markets and customer expectations to compete with, it’s essential that marketers truly understand their audience. How have they behaved? And which campaigns have yielded the highest conversions or engagement rates in the past?AI significantly reduces the time it takes for marketers to understand their target audience’s behaviours, preferences, and engagement patterns. These insights enable teams to understand the true value of prior efforts including campaign messaging and channel use.Using tools like Google Analytics or Salesforce Analytics to analyze historical data enables marketers to gain a comprehensive understanding of their audience segments. They can also help to identify key trends and patterns to strategically curate campaigns going forward.Preparing for the Future with Predictive AnalyticsIt’s crucial for marketers to be agile and ready to switch gears to meet evolving market trends and customer expectations to ensure the most impactful strategic tactics.AI-powered tools can provide real-time insights and recommendations, allowing marketers to adapt their strategies promptly. By continuously monitoring and analyzing customer interactions, AI tools can identify emerging trends, customer sentiments, or potential issues. This enables marketers to make agile decisions and adjust their marketing strategies accordingly.Using tools like Microsoft Azure Machine Learning and RapidMiner, marketers can identify the most effective channels and touchpoints, refine their messaging, tailor their campaigns, and optimize their marketing strategies. All of this to better resonate with their target audience to result in more effective and personalized marketing campaigns.Optimizing Resource Allocation with AI-Powered ToolsOperating with stagnant or reduced budgets means that the pressure is on to achieve more with the same or even fewer resources. It’s essential that teams invest in tools that increase effectiveness.The most effective options? AI-powered tools that can automate data analysis, reporting, performance tracking, and reduce the manual efforts required to support efforts and optimize budget and time management.Let’s uncover how a digital asset management (DAM) system can help marketing teams operate more effectively and build better strategies.The Benefits of Using an AI-Powered Digital Asset Management SystemDigital Asset Management (DAM) systems are a great example of how AI is being used to help marketing teams both review past campaigns and influence future strategies.MediaValet uses AI-powered technology to effectively and securely organize, store, and even recognize digital assets, such as images, videos, and documents and enabling teams to quickly find the assets they need, when they need them.ReportingReporting capabilities within MediaValet provide insights into how assets are being used, allowing marketing teams to track the performance of their campaigns and make adjustments as needed.Audio and Visual IntelligenceThe advanced audio and video intelligence (AVI) MediaValet offers enables easy management, discoverability, and sharing of video files. It detects and tags objects, people, topics, and on-screen text, and transcribes and translates in 60+ languages allowing teams to easily find, analyze and repurpose videos in their library.Digital asset management systems like MediaValet can seamlessly integrate into the martech ecosystem. These integrations optimize and streamline marketing processes and workflows. From social media integrations to CMS options to project management systems, integrating your DAM can help enhance and expedite marketing abilities to quickly react to new and emerging needs.As marketing professionals, it’s important to stay on top of the latest trends and technologies. AI is quickly becoming an integral part of strategic marketing plans. It’s essential to understand how it can help enhance your efforts. AI can help with a variety of tasks, from digital asset management (DAM) to creating targeted campaigns.AI has the potential to revolutionize how we market and reach potential customers. With the right tools in place, marketing teams can use AI to enhance their marketing strategies and drive invaluable advantages including massive pipeline impact and exponential business growth. Related Articles Marketing The Ultimate Guide to Content Proofing (Tools & Process) Read more Marketing Project Management and DAM: 4 Reasons Why They’re Better Together Read more Marketing Leveraging DAM for Marketing Asset Management Read more Marketing Top Challenges in Marketing Operations & How to Overcome Them Read more