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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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Why Reinvent the Wheel? The Challenges of DIY Open Source Analytics Platforms

Cloudera

data engineering pipelines, machine learning models). data engineering pipelines, machine learning models). The following sections explain in detail the five major activities involved in managing and operating a custom open source distribution: Development of custom platform 1.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions.

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Natural Language Processing in Healthcare: Using Text Analysis for Medical Documentation and Decision-Making

Altexsoft

Its deep learning natural language processing algorithm is best in class for alleviating clinical documentation burnout, which is one of the main problems of healthcare technology. This allows machines to extract value even from unstructured data. Most modern NLP applications use state-of-the-art deep learning methods.

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Build a contextual chatbot for financial services using Amazon SageMaker JumpStart, Llama 2 and Amazon OpenSearch Serverless with Vector Engine

AWS Machine Learning - AI

In addition, customers are looking for choices to select the most performant and cost-effective machine learning (ML) model and the ability to perform necessary customization (fine-tuning) to fit their business use cases. The LLM generated text, and the IR system retrieves relevant information from a knowledge base.