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The Growing Importance Of Data Collection For Customer Service

Smart Data Collective

Of course, there is also the risk that customers may forget about appointments, which leads to lost revenue. Fortunately, big data can minimize the cost of appointment errors. New scheduling tools use big data to address these types of challenges. Big data is making them more reliable.

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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Fortunately there are members of our data community who have been thinking about these problems.

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How Svevia connects roads, risk, and refuse through the cloud

CIO Business Intelligence

Taking out the trash Division Drift has been key to disruptively digitize Svevia’s remit with the help of the internet of things (IoT), data collection, and data analysis. Since the route optimization came into place, fewer emptyings are required, he notes. But we do our best to achieve the right deliveries together.”

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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates.

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Ways in Which AI can Improve Enterprise Risk Management

bridgei2i

From supply chain optimization to automating recurring tasks, using chatbots and personalizing suggestions for improved customer service, and making the most of business intelligence for better decision making, AI is the go-to choice for most businesses, irrespective of the industry. However, risk management is no way lagging.

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Track Debt-to-Equity Ratio for Better Understanding of Risk

Jet Global

Primarily because it gives companies a clear indication of their risk exposure as they move forward in an uncertain economy. Becoming overleveraged with debt raises the risk of insolvency because of the heavy repayment burden. First, it automates data collection and analysis.

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Optimizing clinical trial site performance: A focus on three AI capabilities

IBM Big Data Hub

In an ideal scenario, they would be able to, with relative and consistent accuracy, predict performance of clinical trial sites that are at risk of not meeting their recruitment expectations. It explores the impact of different scenarios, evaluate trade-offs, and determine the optimal actions to be taken.