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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

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

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AI poised to replace entry-level positions at large financial institutions

CIO Business Intelligence

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report.

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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If the relationship of $X$ to $Y$ can be approximated as quadratic (or any polynomial), the objective and constraints as linear in $Y$, then there is a way to express the optimization as a quadratically constrained quadratic program (QCQP). However, joint optimization is possible by increasing both $x_1$ and $x_2$ at the same time.

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Bringing an AI Product to Market

O'Reilly on Data

Many companies face a problem that’s even worse: no one knows which levers contribute to the metrics that impact business outcomes, or which metrics are important to the company (such as those reported to Wall Street by publicly-traded companies). Without clarity in metrics, it’s impossible to do meaningful experimentation.

Marketing 362
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The CIO’s 2024 AI playbook

CIO Business Intelligence

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 95
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The early returns on gen AI for software development

CIO Business Intelligence

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. Junior developers are reporting the biggest productivity boosts, but this remains an area of active research and experimentation,” Tandon says.

Software 128
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Don’t Blink: You’ll Miss Something Amazing!

Cloudera

In telecommunications, fast-moving data is essential when we’re looking to optimize the network, improving quality, user satisfaction, and overall efficiency. This also achieves workload isolation, so we can run mission critical workloads independent from experimental and exploratory ones and nobody steps on anyone’s toes by accident.