Image Credit: RIS News “For perspective, it’s worth noting that eMarketer expects Walmart to account for 4.6% of ecommerce sales this year, up from around 4% in 2018. The company expects to come off its 40% growth in 2018 with 35% growth in 2019. This doesn’t compare with Amazon’s strong double digit growth rate especially…
Tag: ML
Intellimize raises $8 million to optimize websites with AI
“’Last year, marketers spent $100 billion in paid media to drive traffic to websites, yet 98% of those visitors left without becoming customers,’ Yalif said. Yalif, who was previously head of global product and vertical marketing at Twitter and who held leadership roles at Microsoft, Boston Consulting Group, Yahoo, Intellimize’s product taps AI to generate…
How AI is transforming customer management in banking sector
“The Stamford firm’s 2019 CIO Survey of more than 3,000 executives in 89 countries found that AI implementation grew a whopping 270 percent in the past four years, and 37 percent in the past year alone. Banks are aggressively embedding AI intelligence into their operations Light Information Systems, which has developed NLP Bots, has implemented…
What is the Difference Between AI and Machine Learning
Understanding the definitions and differences of ML and AI can be daunting, so I’m always on the look-out for well written content. This post from codementor.io does a really nice job, and I have attempted to further summarize below. Check out their site for the full post. “AI is the concept in which machine makes…
Who Owns Model Risk in an AI World?
As a proponent of AI, this is the type of article that I do not enjoy sharing, because it will scare some people away. However, as an industry professional, I believe it’s critical to understand the benefits and detriments of a new technology, That said, this article is a “must read” for anyone thinking about…