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Bringing an AI Product to Market

O'Reilly on Data

The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded. It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. Agreeing on metrics.

Marketing 362
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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

Understanding E-commerce Conversion Rates There are a number of metrics that data-driven e-commerce companies need to focus on. It is a crucial metric that provides priceless information about your website’s ability to transform visitors into paying customers. Some of the most important is conversion rates.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156
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What you need to know about product management for AI

O'Reilly on Data

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. If you can’t walk, you’re unlikely to run.

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Next Stop – Predicting on Data with Cloudera Machine Learning

Cloudera

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data.

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What is a data scientist? A key data analytics role and a lucrative career

CIO Business Intelligence

According to data from Robert Half’s 2021 Technology and IT Salary Guide, the average salary for data scientists, based on experience, breaks down as follows: 25th percentile: $109,000 50th percentile: $129,000 75th percentile: $156,500 95th percentile: $185,750 Data scientist responsibilities.