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What are Recommendation Engines and how they work?
What are Recommendation Engines? We humans are more inclined to buy products or services which are recommended by other people we trust like friends, relatives, colleagues or general trend of what other people are buying. These recommendations are based on their...
AI-Driven Contact Center
Today’s contacts centres are overloaded with huge call volumes and call center executives are overworked. This makes those executives error prone and results in unsatisfied, frustrated customers. What different reasons are for executives to be over worked? Repeat...
What is Linear Regression?
Machine Learning - Regression Regression analysis is one of the predictive modelling technique used to identify the relationship between identified variables, typically referred as a Dependent Variables(s) (target) and Independent Variable. Independent Variable is the...
What is Machine Learning?
What is Machine Learning? Some of you might be smiling and saying – why this article now? Since we have already published couple of articles on Regression and Recommendation Engine. But then we also got some of the queries saying – what is Machine Learning? Where do...
Everything you need to know about Time Series analysis
What is Time Series? In short, Time Series analysis is nothing but systematic efforts to understand what occurred in the past and predict the future over a period of time. Then what is Regression? The difference in Time Series and Regression is - In Time Series, the...
Everything you need to know about Open source conversational AI – Rasa
Existing NLP BOT Solutions like Alexa, Google DialogFlow, etc. is using services from Amazon or Google, etc. which requires data to be passed out of the premises. Enterprises including financial institutions are very finicky about security and doesn’t really like...
Techniques of calculating Similarity Distance measure
Similarity or Similarity distance measure is a basic building block of data mining and greatly used in Recommendation Engine, Clustering Techniques and Detecting Anomalies. By definition, Similarity Measure is a distance with dimensions representing...
Similarity Distance Measures
Similarity Measures Similarity or Similarity distance measure is a basic building block of data mining and greatly used in Recommendation Engine, Clustering Techniques and Detecting Anomalies. By definition, Similarity Measure is a distance with dimensions...
Customer Churn
[vc_row][vc_column width="3/4"][vc_column_text] Considering latest surveys and analysis, Industry is experiencing 50-70% probability of selling products and services to their existing customers whereas for new customers it’s...