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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

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. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

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The CIO’s 2024 AI playbook

CIO Business Intelligence

After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024. A version of this story originally published on The Works. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

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10 Technical Blogs for Data Scientists to Advance AI/ML Skills

DataRobot Blog

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. After DataRobot has determined an optimal model, Continuous AI helps ensure that the currently deployed model will always be the best one, even as the world changes around it. Read the blog.

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Robust Experimentation and Testing | Reasons for Failure!

Occam's Razor

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

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Humans and AI: Should We Describe AI as Autonomous?

DataRobot

Set the goal to be achieved or optimized. Recently published research papers show the danger of describing your AI systems as autonomous. The experimenters simulated experiences in online travel and online dating, varying the time people waited for a search result. Fit pattern-matching algorithms. Humans and AI Best Practices.

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Forging a framework for central bank digital currencies and tokenization of other financial assets

IBM Big Data Hub

Today, more than 130 central banks are actively exploring CBDCs and publishing periodic reports on the functional and non-functional requirements of CBDC platforms, including the evolving architectural considerations and the outcomes of their various CBDC experimentations.

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What you need to know about product management for AI

O'Reilly on Data

You might establish a baseline by replicating collaborative filtering models published by teams that built recommenders for MovieLens, Netflix, and Amazon. It may even be faster to launch this new recommender system, because the Disney data team has access to published research describing what worked for other teams.