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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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What Makes a Data Genius?

Reltio

Whether it is retail, CPG, or auto industry, unlocking the value of customer data is always challenging. Rob Phillips and Christopher Bradley of CarMax are leveraging data to redefine the tailored retail experience for pre-owned vehicle buyers and sellers. They relentlessly work at making things better.

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#ModernDataMasters: David Balzan, Business Unit Manager MDM

Reltio

You only need to read a paper to see news about organisations who have got the balance wrong – they have gone for opportunity at the expense of obligation and are now paying the price.”. It’s what we call opportunity versus obligation. Organisations need to be able to demonstrate exactly what data is being used, where, by whom, why and when.

MDM 40
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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

Info Source

For example, organisations in the Legal and Retail sector may see impressive ROIs. CURRENT VERTICAL MARKET BREAKDOWN The Finance segment (Banking and Financial Services combined with Insurance) represents the largest industry sector. Demand in the sector recovered in 2022 after a difficult time during the pandemic.

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#ModernDataMasters: Bob More, SVP Global Field Operations

Reltio

Much of background is what we now call customer experience and its predecessors of CRM and eCommerce applications in Retail and CPG as well as PLM, ERP and supply chain. These were physical addresses of where their systems were installed and were all printed out on reams of green-bar computer paper. . “It

MDM 40
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The Business of Data Newsletter – Issue 7 (7 December 2018)

Information Matters

. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. ” [link]. . ” [link]. 71% of UK businesses at risk due to data skills gap, CEOs say – TechRepublic, 26 November 2018.

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., Source (New) Finance USA Yes 1,955,385 BerryDunn and Reliable Networks Source (New) Finance and IT services USA Yes 1,107,354 VISAV Limited Source (New) IT services UK Yes >1,000,000 Designed Receivable Solutions, Inc.