“One of the Predictive Analytics examples related to anomaly detection can be cited about the PayPal-Rapidminer collaboration, which was mainly to detect the intentions of their top customers and their grievances. For example, predictive analytics and AI in ecommerce can alert businesses whether by releasing a video, they can gain a satisfactory response from customers…
Tag: predictive analytics
What roles will AI play this Black Friday?
“In 2018, Adobe Analytics revealed Black Friday achieved US$6.22 billion in online sales alone while Cyber Monday pulled in a record of US$7.9 billion from e-commerce. But several sources reveal an increase of 20 percent in conversion rate when live chats are available. On Black Friday 2018, a bill titled Stopping Grinch Bots Act was…