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Quite recently we’ve built event analytics for our team and thought to share this experience with you in this post .
Many of “out-of-the-box” analytics solutions come with automatically defined user sessions. It’s good to start with, but as your company grows, you’ll want to have your own session definitions based on your event data. Analyzing user…Continue
The Statsbot team estimated LTV 592 times for different clients and business models.
Customer lifetime value, or LTV, is the amount of money that a customer will spend with your business in their “lifetime,” or at least, in the portion of it that they spend in a relationship with you. It’s an important indicator of how much you can spend on acquiring new customers. For example, your customer acquisition cost (CAC) is $150, and LTV is…Continue
When I was beginning my way in data science, I often faced the problem of choosing the most appropriate algorithm for my specific problem. If you’re like me, when you open some article about machine learning algorithms, you see dozens of detailed descriptions. The paradox is that they don’t ease the choice.
In this article, I will try to explain basic concepts and give some intuition of using different…Continue
In recent years, the field of object detection has seen tremendous progress, aided by the advent of deep learning. Object detection is the task of identifying objects in an image and drawing bounding boxes around them, i.e. localizing them. It’s a very important problem in computer vision due its numerous applications from self-driving cars to security and tracking.
Prior approaches of object detection…Continue