Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...
Full BioNand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...
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What Is Machine Learning?
- Secure all of the past data you have collected (offline and online sales data, accounting, customer information, product inventory, etc.). In case you might think your company doesn't generate enough data to require machine learning, I can assure you that there is more data out there than you think, starting with general industry data. Next, think about how you can gather even more data points from all silos of your organization and elsewhere, like chatter about your brand on social media.
- Identify the business insights that you would benefit from most. For example, some companies are using learning algorithms for sales lead scoring.
- Create a strategy with clear executables to produce the desired outcomes such as fraud protection, higher sales, increased profit margin and the ability to predict customer behavior. Evaluate and revisit this strategy regularly.