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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content.

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Anomaly detection in machine learning: Finding outliers for optimization of business functions

IBM Big Data Hub

However, data scientists should monitor results gathered through unsupervised learning. Because these techniques are making assumptions about the data being input, it is possible for them to incorrectly label anomalies. Engineers can apply unsupervised learning methods to automate feature learning and work with unstructured data.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

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Five benefits of a data catalog

IBM Big Data Hub

In other words, a data catalog makes the use of data for insights generation far more efficient across the organization, while helping mitigate risks of regulatory violations. She also wants to predict future sales of both shoes and jewelry.

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The Campaign for Real Analytics

CGI

Compare the uplift in sales that week with the equivalent uplift in the same period last year.”. Amidst the hype about big data technologies, this is refreshing to hear. But businesses should begin with rigorous analyses of existing structured data sources, and with the discipline of experimentation. all have their place.

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Companies need help making the dream of digital transformation a reality

IBM Big Data Hub

For example, when a customer contacts the business via chat, email or social media, that text or voice recording is unstructured data that needs to be collected and analyzed as part of the interaction. Dublin-based Glen Dimplex has sales, manufacturing and distribution facilities around the world.

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Utilities Digital Journey Insights (Part 3): Data, the new “digital capital” - Going beyond the hype of advanced analytics and AI

CGI

Data is equally key to segmenting customers for targeted offerings and to staying on top of the customer journey across various channels to improve call center traffic and sales. For robotic process automation (RPA), utilities are trailing 20 percentage points behind retail banking for the stages of “implementing” or “already done.”.