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All Blog Posts Tagged 'Detection' (7)

Training with historical data! Surely, you’re joking says the IoT asset that just got connected

By

  • Priya Sharma – Sr. Data Scientist -IoT Analytics, SAS Institute Inc.
  • Saurabh Mishra – Product Management, IoT, SAS Institute Inc.

June 12, 2020

Description: Majority of AI approaches are based on the construct of training against historical data and then inferencing new data. While this is a sound and proven approach, a lot of IoT assets coming online don’t have historical data and we don’t necessarily have the time to wait.

Modern Machine…

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Added by Jane Howell on June 12, 2020 at 2:30pm — No Comments

Credit Card Fraud Detection and Prevention: The Complete Guide

Machine Learning is changing the ways industries do business - Healthcare, Manufacturing, Retail and Food and Beverage will never be the same again. Banking and Finance are also impacted by this innovation, and one of the most prominent uses is for Credit Card Fraud Detection. In this guide, I will go deep, and explain how it…

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Added by Roman Chuprina on November 4, 2019 at 3:00am — No Comments

Questions to ask while implementing Anomaly detection system

A.I. based automated Anomaly detection system is gaining popularity nowadays due to the increase in data generated from various devices and the increase in ever evolving sophisticated threats from hackers etc. Anomaly detection systems can be applied across various business scenarios like monitoring financial transactions of a fintech company, highlighting fraudulent activities in a network, e-commerce price glitches among millions of products, and so on. Anomaly detection system can work…

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Added by Avinash Udaykumar on May 27, 2019 at 2:30am — No Comments

How to use anomaly detection to balance your distribution budget

Cost driver: One of the key drivers of cost for ecommerce businesses is the last mile delivery charges. Consumers have the option to switch between e-retailers depending on their willingness to pay delivery charges, which is generally significantly low. This notion puts the power into the hands of the customer. Delivery charges, when added just before payment, makes the customer rethink and is one of the reasons for…

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Added by Avinash Udaykumar on April 9, 2019 at 3:00am — No Comments

How to use anomaly detection to seal revenue leakages due to price errors

Price errors and their impact:



Price errors are one of the ways in which revenue leakage occurs in e-commerce business. Although retailers put various checks and balances in place, pricing errors are still common. Data entry mistakes, misplaced decimal points, reversal of digits, and other clerical errors made in hurry are the major contributors. It can also occur because errors in feeding promotional offer dates. Promotions might unintendedly start early or end late. Such revenue…

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Added by Avinash Udaykumar on March 26, 2019 at 7:57pm — No Comments

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