Oracle has introduced a new cloud-based platform designed to
allow higher education institutions to use big data to attract and
retain more
students.
The Oracle
Marketing Cloud for Student Engagement combines in
a single package a handful of existing cloud services it already offers,
but
applies them to the specific needs of higher education.
Among the existing services combined are its content
marketing, social relationship management, customer relationship
management and
AppCloud services.
Oracle Marketing Cloud for Student Engagement is one
of three
new cloud-based services the company introduced this week at a user
conference
in Nashville, TN, all designed to help organizations in different fields
use
big data to market their products and services more efficiently.
With the new service for student engagement,
information about
students, prospective students and even alumni from multiple databases
and
sources around campus can be aggregated and analyzed. Then, with the
help of
pre-built data models and customized campaign templates that are based
on
industry best practices, students and potential student groups can be
segmented
and targeted with appropriate messages at the appropriate times.
Jason Rushforth, vice president of industry solutions
and
emerging channels for Oracle Marketing Cloud, said "By leveraging
Oracle
Marketing Cloud for Student Engagement, higher education can build a
stronger
student experience by managing every interaction in their journey across
channels and devices."
Representatives at one university that has tested the new
platform,
the University of New Brunswick, said it
has already helped open communication
channels with students and prospective students, and that success rate
will
rise as more on campus become familiar with it.
"We've been able to convince more and more
stakeholders that
segmenting and targeting is much better than batch-and-blast," said
Jessica
Stutt, a marketing automation specialist with the university. "We're now
seeing
average open rates of 39 percent, and we've only just begun."
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