Tag: Machine Learning

De-duplication Can Empower Your Business to Achieve Data-Driven RoI: Here’s How

De-duplication Can Empower Your Business to Achieve Data-Driven RoI: Here’s How

Data Duplication and Redundancy – The Challenges Over the last couple of decades, there has been a phenomenal shift from paper-based records to virtual data rooms in India. This has streamlined and transformed the way businesses collect, gather, store and retrieve customer data. However, as the primary focus remained on the uphill task of converting …

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Customer Clumpiness: Here’s How FORMCEPT Can Help Your Business Stay Ahead of the Game with New Age Customer Analytics

Customer Clumpiness: Here’s How FORMCEPT Can Help Your Business Stay Ahead of the Game with New Age Customer Analytics

Customer Churn: Is There a Method to the Madness? When it comes to customer loyalty, churn and recurrence, traditional businesses usually have a basic cause-and-effect approach. This is derived from established consumer behaviour principles. Hence, they have a relatively predictable model for estimating customer lifetime value (CLV). However, the story is different for new age …

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Leveraging Data To Retain Customers in Insurance Sector

Leveraging Data To Retain Customers in Insurance Sector

Last week, we had published a post on the overview of the challenges faced in Insurance Sector. In this post, we will be going deep into the model that we have developed for Insurance providers to address the pressing problem of Customer Churn. Background Customers are the lifeline of a business. Customer Acquisition and Customer …

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Locality-Sensitive Hashing on Spark with Clojure/Flambo

Locality-Sensitive Hashing on Spark with Clojure/Flambo

Record Linkage is a process of finding similar entities in a Dataset. Using this technique one can implement systems like: Plagiarism Detectors – which are able identify fraudulent scientific papers or articles, Document Similarity – finding similar articles on the internet, Fingerprint Matching, etc. The possibilities are endless. But the topic which we are focusing …

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