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How Olay used AI to double its conversion rate

Olay, the popular skin care brand, started using AI to make recommendations to its millions of users almost two years ago, and says it has doubled the company’s sales conversion rate overall.<p>It’s just the latest retail company that has turned to AI to boost its engagement with users to increase its …

Machine Learning

Analytics Are A Source Of Competitive Advantage, If Used Properly

Customer expectations have reached an all-time high and industry competition is ever increasing — putting businesses under constant pressure to increase efficiency and improve results. At the same time, the amount and type of available data have grown exponentially — companies can now collate this …

Data Warehousing

How location data is used to manipulate airfare and car rental prices

Credit: coffeebeanworks / Pixabay<p>While the EU recently passed the GDPR into law to give users control of how their data is collected and used, the battle is unfortunately only half won.<p>According to a new (and shocking!) study by TheBestVPN, you could end up paying almost double (or more) the actual …

Flying

The Brilliant Ways Kimberly-Clark Uses Big Data, IoT & Artificial Intelligence To Boost Performance

Kimberly-Clark is a Fortune 500 company. It’s personal care product brands, including Huggies, Kleenex, and Scott, touch nearly 1 of every 4 people each day in 175 countries. Through Kimberly-Clark Professional the company offers products and solutions to create healthier, safer and more productive …

Artificial Intelligence

How To Improve Customer Experiences With Real-Time Analytics

• 70% of enterprises have increased their spending on real-time customer analytics solutions over the past year.<br>• 58% of enterprises are seeing a significant increase in customer retention and loyalty as a result of using customer analytics.<br>• 60% use real-time customer analytics to improve customer …

Customer Experience

The 13 Types Of Data

Data is a thorny subject. For a start, we’re not sure how we are supposed to refer to it, that is – data is the plural of datum. Strictly speaking we should talk about data that ‘are’ not ‘is’ available to support a theory etc. The Guardian newspaper discussed the debate here and appeared to …

Big Data

'It's going to create a revolution': how AI is transforming the NHS

It could enable a new way of treating cancer that is faster and a lot less burdensome Antonio Criminisi<p>The tumour is hard to miss on the scan. The size of a golf ball, it sits bold and white on the brain stem, a part of the organ that sends messages back and forth between body and brain. In many …

Tumors

How to measure ROI on your company's automation projects

Automation can open up new business models and create cost savings for the entire organization. Here are the metrics that matter.<p>Automation …

Big Data

Databricks makes it easier to build AI apps using the R programming language

Big-data analytics company Databricks Inc. is teaming up with RStudio Inc. in order to help developers write code for artificial intelligence and …

Big Data

Four Simple Steps To Get Your Organization Started With Data Science

Our company leads corporate trainings in Python and data science for organizations ranging from startups to Fortune 500 companies. What we’ve noticed lately is that many of them want to use data science to advance their businesses. They recognize the need to stay competitive and make use of their …

Data Science

How to get started with predictive analytics

Predictive analytics is helping businesses in fields as diverse as healthcare, retailing, hospitality and insurance peer into the future to optimize …

The Brilliant Ways UPS Uses Artificial Intelligence, Machine Learning And Big Data

In a business where shaving off a mile per day per driver can result in savings of up to $50 million per year, UPS has plenty of incentive to incorporate technology to drive efficiencies in every area of its operations. According to UPS’ Chief Technology Officer Juan Perez, “Our business drives …

Artificial Intelligence

Robotic Process Automation And Artificial Intelligence In HR And Business Support - It's Coming

The use of robotics and advanced analytics are apparent and mature in industrial settings, while in support functions such as HR, it has the potential to be just as revolutionary but the uptake has been a little slower.<p>For example, in HR, onboarding – the process of hiring new members of staff and …

Artificial Intelligence

What is TensorFlow? The machine learning library explained

Machine learning is a complex discipline. But implementing machine learning models is far less daunting and difficult than it used to be, thanks to …

How Danske Bank mastered data analytics

Denmark-based Danske Bank Group is using a ‘one-tribe’ approach to push its data analytics strategy in order to improve operations and enhance …

DataRobot Puts The Power Of Machine Learning In The Hands Of Business Analysts

DataRobot, the Boston-based Data Science company, enables business analysts to build predictive analytics with no knowledge of Machine Learning or programming. It uses automated ML to build and deploy accurate predictive models in a short span of time.<p>DataRobot was founded in 2012 in Boston by …

Machine Learning

Instagram reveals how its algorithm works

While Instagram’s relevancy-sorting algorithm has been widely hated by users since the app made the switch from its reverse chronological feed, …

Stock Market Prediction With Natural Language Machine Learning

Machines – is there anything they can’t learn? 20 years ago, the answer to that question would be very different. However, with modern processing …

Breaking away: The secrets to scaling analytics

A handful of the world’s companies have cracked the code on embedding analytics into every layer of their organizations.<p><b>The time for simple</b> …

Data Warehousing

Organizations waste billions of dollars preparing data

Clean data is vital if analytics are to deliver useful results, but a new survey reveals that many organizations are still relying on manual and …

How People Analytics Can Help You Change Process, Culture, and Strategy

It seems like every business is struggling with the concept of transformation. Large incumbents are trying to keep pace with digital upstarts., and even digital native companies born as disruptors know that they need to transform. Take Uber: at only eight years old, it’s already upended the …

Oracle buys Datascience.com to boost big data analytics offerings

Oracle Corp. ORCL, +1.38% said Tuesday it will acquire privately held Datascience.com, a data analysis company, for an undisclosed amount. Oracle …

Big Data

Google Assistant will book haircuts on its own soon – and teach kids to say 'please'

Google's answer to Siri and Alexa — the Google Assistant — will soon be able to call businesses, make appointments for you and help teach kids to say …

Introducing the Facebook Field Guide to Machine Learning video series

<i>The Facebook Field Guide to Machine Learning is a six-part video series developed by the Facebook ads machine learning team. The series shares best</i> …

Facebook is using your Instagram photos to train its image recognition AI

In the race to continue building more sophisticated AI deep learning models, Facebook has a secret weapon: billions of images on Instagram.<p>In research the company is presenting today at F8, Facebook details how it took what amounted to billions of public Instagram photos that had been annotated by …

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Visualizing Pandas' Pivoting and Reshaping Functions

I love using python’s Pandas package for data analysis. The 10 Minutes to pandas is a great place to start learning how to use it for data …

Someone wrote a kids' book to explain bitcoin and blockchain

At around 7 p.m. every night you can catch me reading bedtime stories for my two children. On current rotation: Dave's Cave, a weird Avengers book and a million bedtime stories about dinosaurs.<p>But those books can go straight in the trash because finally -- <i>finally</i> -- someone has written a children's …

Kids

Never Heard of a DAO? Here's Why It's Going to Become The Hottest New Type of Corporation

Almost any businessperson on board with blockchain will promote the value of decentralization, and DAOs fit the mold.<p>You may have not heard of the abbreviation DAO, but it is a term that should keep popping up with more frequency during the blockchain boom. It stands for decentralized autonomous …

Blockchain

DeepCode cleans your code with the power of AI

Zurich-based DeepCode claims that their system — essentially a tool for analyzing and improving code — is like Grammarly for programmers. The system, which uses a corpus of 250,000 rules, reads your public and private GitHub repositories and tells you how to fix problems, remain compatible and …