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Propensity Model: How to Predict Customer Behavior Using Machine Learning

Altexsoft

To help companies unlock the full potential of personalized marketing, propensity models should use the power of machine learning technologies. This post is going to shed light on propensity modeling and the role of machine learning in making it an efficient predictive tool. What is a propensity model?

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

And when it comes to decision-making, it’s often more nuanced than an off-the-shelf system can handle — it needs the understanding of the context of each particular case. But it does need more advanced approaches that mimic human perception and judgment like AI, Machine Learning, and ML-based Robotic Process Automation.

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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style.

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Traffic Prediction: How Machine Learning Helps Forecast Congestions and Plan Optimal Routes

Altexsoft

As of today, different machine learning (and specifically deep learning) techniques capable of processing huge amounts of both historic and real-time data are used to forecast traffic flow, density, and speed. In 2021, NYC drivers lost an average of 102 hours in congestion – and before the pandemic that score was even worse.

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Supporting Diverse ML Systems at Netflix

Netflix Tech

Berg , Romain Cledat , Kayla Seeley , Shashank Srikanth , Chaoying Wang , Darin Yu Netflix uses data science and machine learning across all facets of the company, powering a wide range of business applications from our internal infrastructure and content demand modeling to media understanding.

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Interpreting predictive models with Skater: Unboxing model opacity

O'Reilly Media - Data

Over the years, machine learning (ML) has come a long way, from its existence as experimental research in a purely academic setting to wide industry adoption as a means for automating solutions to real-world problems. There is also a trade off in balancing a model’s interpretability and its performance.

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

Altexsoft

This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. Length of stay calculation for hospitals: how machine learning can enhance results. Today, we can employ AI technologies to predict the date of discharge. Source: OECD Data.

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