Index
The Machine Age of Customer Insight
ISBN: 978-1-83909-697-6, eISBN: 978-1-83909-694-5
Publication date: 15 March 2021
This content is currently only available as a PDF
Citation
(2021), "Index", Einhorn, M., Löffler, M., de Bellis, E., Herrmann, A. and Burghartz, P. (Ed.) The Machine Age of Customer Insight, Emerald Publishing Limited, Leeds, pp. 225-231. https://doi.org/10.1108/978-1-83909-694-520211020
Publisher
:Emerald Publishing Limited
Copyright © 2021 by Emerald Publishing Limited
INDEX
A/B tests for KontoSensor
, 208
Accuracy
, 195
Active method development
, 15
Active personalization
, 61
AdaBoost
, 112
Adobe Experience Manager (AEM)
, 55
Adversarial attack
, 89
Advertising
cutting down 60-second Ad
, 42
facial coding application in
, 41–42
optimizing vignette style ad and making culturally relevant
, 42
Airbnb
, 133
new user bookings
, 190–192
AlexNet
, 95
Alibaba
, 38–39
Allianz Global & Specialty (AGCS)
, 166
Amazon
, 38–39, 131, 215
Amazon’s Alexa
, 43
Anticipation
, 219
APIs
, 11
Apple credit card
, 89
Apple’s Siri
, 43
Application programming interfaces (APIs)
, 135–136
Arc de Triomphe
, 219–220
Artificial intelligence (AI)
, 8, 20–21, 38–39, 80, 92–93, 130, 184, 200
AI and future of sales
, 34
AI-based voice assistance
, 33
algorithms
, 15
applications in modern sales organization
, 23–34
to creating structure to voice assistant generated data
, 43–44
marketing
, 25–27
sales and management
, 30–34
sales development
, 27–30
salesforce achieves scalable
, 21–23
Artificial neural networks
, 86–87
Association rules
, 87
Attention mechanism
, 99
Autoencoders
, 97
Automated machine learning (AutoML)
, 21
algorithms
, 26–28
Automated speech
, 92
Automatic text
, 12
Automation
, 8
Automotive customer insights, changing capabilities in
, 11
Automotive industry, transformation of
, 9–11
B2B
, 70–71
B2C
, 70–71
Backpropagation
, 94
Bagging technique
, 109–112
Beat Cinematch
, 104
BellKor’s Pragmatic Chaos
, 104
Bias
, 84
Big Data
, 184
analytics
, 8
era
, 79–80
“Black box” methods
, 86–87, 89
Boolean labels
, 62–63
Boosting technique
, 87, 112
Branches
, 108
Business implementation, considerations for
, 99
Business intelligence (BI). See also Artificial intelligence (AI)
, 178
deploying
, 178–179
Business-friendly products
, 177
Campaigns
, 25–26
Car clinics
, 11
Cascaded style sheets (CSS)
, 136, 139
Central processing unit (CPU)
, 83
Chatbot technology
, 43–44, 46, 53
developing chatbot persona “Serena”
, 45–46
Climax scene
, 214
Cloud
, 172
Cloudera
, 54–55
Clustering approach
, 87–88, 206
Codalab
, 185
Cold data, leveraging
, 174–175
Cold storage
, 174
Comma-separated values (CSV file)
, 141
Commodity
, 160
Communicate risks relevant to users
, 151–152
Competencies
, 163–164
Competitive advantage
data protection
, 149
designing for privacy in age of digital customer insight
, 149–154
individual privacy management
, 148
privacy
, 149, 154, 156
Competitive data science platform
, 185–186
Complementary phenomena
, 13
Consent management
, 152
Constant learning. See also Deep learning
, 15
Consumers’ emotions
, 39
Content creators, guidance for
, 57
data and feature engineering
, 57–59
model and performance
, 59–60
prediction and feedback
, 60–61
Content Health Panel (CHP)
, 55
Content Management System
, 55
Content Marketing. See also Machine-driven content marketing
, 52–53
Credit Suisse content marketing business challenge
, 53
data science solutions for
, 53–63
through time and at Credit Suisse
, 52–53
Content Marketing Institute (CMI)
, 52–53
Content success prediction tool
, 57–61
Contextualize data collection
, 150–151
Convolutional Neural Networks (CNN)
, 92, 94–95, 114
Correlation One
, 185
Cost function
, 94
COVID-19 pandemic
, 130
COVID19 Global Forecasting
, 185–186
Credit Suisse
content marketing business challenge
, 53
content marketing through time and at
, 52–53
Cross-industry standard process for data mining (CRISP-DM)
, 188–189
CrowdAI
, 185
CrowdANALYTIX
, 185
Crowdsourcing Data science
, 184, 195
Crowdspring
, 133
Culture
, 164
Customer
centricity
, 5–7
communication
, 202–204
feedback channels
, 10–11
monitor data disclosure
, 153–154
service
, 125–126
Customer experience management (CEM)
, 155
marketing perspective
, 154–156
Customer insights
on “transparency”-myth
, 150–152
changing capabilities in automotive customer insights
, 11
constant learning
, 15
customer centricity as driver for growing importance of
, 5–7
decision support through meaningful controls
, 152–153
deep learning and
, 97–99
designing for privacy in age of digital
, 149–154
dynamic capabilities as necessity and opportunity
, 8–9
helping customers monitor data disclosure
, 153–154
individual privacy management in machine age of
, 148
network competencies
, 14–15
new data sources
, 11–12
new methods
, 12–13
new technologies
, 12
synthesizing competencies
, 13–14
transformation from market research to
, 7–8
transformation of automotive industry
, 9–11
value generation of customer insights
, 15–16
through voice assistants
, 43–47
Customer relationship management (CRM)
, 21–22, 162
Cutting down 60-second Ad
, 42
Data
analytics
, 178
disconnect
, 170–171
generation capabilities
, 11
leakage
, 193
literacy
, 153–154
management
, 73, 172
models
, 21
sources
, 11–12
synthesis
, 13
visualizations
, 178
warehouses
, 176
Data “superpower,” realizing
, 180–181
Data competitions
challenges of
, 188–189
Kaggle competition
, 190–192
metrics
, 193–195
opportunities of
, 186–188
Data growth
amount of data
, 173–175
data disconnect
, 170–171
data value equation
, 171
deploying business intelligence
, 178–179
quality of data
, 176–177
realizing data “superpower”
, 180–181
unlocking value of data
, 171–172
usage of data
, 178–181
Data protection
, 2, 54
as global driver for data-driven innovation
, 149
Data revolution, story creates
, 211–212
Data science
, 89–90
Airbnb’s new user bookings
, 190–192
competitions procedure in nutshell
, 190
crowdsourcing
, 183–185
data protection
, 54
guidance for content creators
, 57–61
Kaggle
, 185–186
monitor and optimization
, 55–56
personalizing content
, 61–63
relevant data
, 54–55
solutions for content marketing
, 53–63
Data Scraping
, 2, 130–131
check legal aspects of scraping data source
, 135–136
defining business problem, research question and required data
, 132–133
defining scraping logic
, 136
emergence of
, 129–131
locating and analyzing data source
, 133–135
scraping data
, 136–141
six-step process
, 132
storing and retrieving data
, 141
Data value equation
, 2, 171–172
Data-driven innovation
, 149
Database
, 80
models
, 11
science
, 80
Datathon
, 204–205
DBSCAN method
, 207
Decision support through meaningful controls
, 152–153
Decision tree ensembles
bagging
, 109–112
boosting technique
, 112
empirical illustration of three decision tree ensembles
, 112–114
growing single decision tree
, 105–109
leveraging ensembles to win $1 Million Netflix prize
, 103–105
real-world case
, 105
seeing forest for trees
, 114
from tree to forest
, 109
Deep Blue
, 20
Deep learning
, 87
and customer insights
, 97–99
neural networks
, 89
recommender systems
, 98–99
Deep neural networks (DNNs)
, 2, 92–93
Deep reinforcement learning
, 99
Deepfake Detection Challenge
, 186
Demography
, 41–42
Denial-of-service attack (DoS attack)
, 135
DenseNet
, 95
Density-Based Spatial Clustering of Applications with Noise (DBSCAN)
, 206
Design thinking methods
, 6
DesignCrowd
, 133
99Designs
, 133
Deutsche Bank
, 200, 204
Digital services
, 43
Digital technology
, 74
Digital transformation
, 5–6, 170
Digitalization
, 5–6
Disambiguation
, 126–127
Doordash
, 89
Dramatic arc
, 219–220
DrivenData
, 185
Dynamic capabilities
, 16
as necessity and opportunity
, 8–9
E-health
, 68
Education
, 68
Electronic resource planning (ERP)
, 162
Email Sentiment Analysis
, 30
Emotional arousal
, 40
Emotional response
benefits of
, 40
facial coding application in advertising
, 41–42
measuring through facial coding
, 39–43
outlook on further applications of facial coding
, 42–43
types of emotions to measure
, 39–40
validation of facial coding
, 40–41
Ensemble, The
, 104
Enterprise applications for communities advancement
, 69
Entertainment
, 70
Error function
, 94
Excel
, 215
Experience Data (X-data)
, 162
collecting
, 163
Experience economy
, 160–161
activating experience management across organization
, 163–164
collecting X-Data
, 163
enter age of experience management
, 162–163
experience drives economics offering
, 160
operational data
, 161–162
understanding experiences of stakeholders
, 161
Experience management (XM). See also Customer experience management (CEM)
, 162–163
activating experience management across organization
, 163–164
AGCS
, 166
applying XM to close experience gap
, 165–167
Under Armour
, 166–167
competencies
, 164
integrating XM into operating cadence of organization
, 164–165
JetBlue
, 165–166
Experience Management Platform™
, 164
Expressiveness
, 41
Face-to-face interview techniques
, 43
Facebook
, 38–39, 87
Facebook Messenger app
, 44–46
Facial coding
, 2, 11–12, 38–39
application in advertising
, 41–42
benefits of
, 40
measuring emotional response through
, 39–43
Minority Report become reality
, 38–39
outlook on further applications of
, 42–43
systems
, 40
types of emotions to measure
, 39–40
validation of
, 40–41
Facial data
, 11–12
Facial expression
, 40
Feedback
, 162
Feedforward networks (FNNs)
, 93–94
File-based data storage
, 141
Financial crisis (2007–2008)
, 105
FinTechs
, 200
5G
end of line
, 74
mean for collecting customer data
, 71–74
new aspects associated with
, 66
starting era of
, 65–67
state of the art
, 67–68
use cases for
, 68–71
10-fold cross-validation technique (10-fold CV technique)
, 85–86
4G
, 65
Fourth Industrial Revolution
, 21
Framing
, 219
Fraud detection
, 92
Functional magnetic resonance imaging (fMRI)
, 212
Future of sales
, 34
Gaming
, 70
General Data Protection Regulation (GDPR)
, 135, 148, 201
Generalization
, 84
Generative Adversarial Networks (GANs)
, 95
Genius
, 21–22
Global School in Empirical Research Methods (GSERM)
, 15
Google
, 16, 20, 38–39, 87
Google AI system
, 130
Google Analytics
, 54–55
Google Assistant
, 43
Google bot
, 130
Google Duplex
, 38
Google Inception
, 130–131
Google Search Console APIs
, 54–55
GoogLeNet
, 95
Graphics processing units (GPUs)
, 88, 92–93
GreenBook Research Industry Trends Report (GRIT Report)
, 8
Group Method of Data Handling
, 92
GrubHub
, 89
Gut instinct
, 84
Hierarchical clustering algorithm
, 87–88
Hold competitions
, 184
Hopfield networks
, 92
Host competitions
, 184
Hosts
, 184
Hot data, leveraging
, 174–175
“Hovr” technology
, 167
Human machine interfaces (HMI)
, 11, 16
Human resources
, 122–125
Hyperbolic tangent
, 94
Hypertext markup language (HTML)
, 134
Hypertext transfer protocol (HTTP)
, 136
Image
classification
, 94–95
files
, 140–141
recognition
, 12, 130–131
scraping
, 130
Inciting Incident scene
, 214
Individual privacy management
, 148
Informed consent
, 150
Innocentive
, 185
Innovative firms
, 2
International Data Corporation
, 126
Internet
, 130
Internet of things (IoT)
, 21, 66, 151, 170
Javascript
, 140–141
JetBlue
, 165–166
JSON
, 140–141
Kaggle
, 185–186, 188
competition
, 190–192
Kantar’s facial coding system
, 41
KontoSensor
, 2, 200–201
activation and configuration
, 201
customer communication
, 202–204
Datathon
, 204–205
enhancing activation of
, 207–208
integrated use cases/functionalities
, 201–202
predictive overdraft
, 205–207
sample emails sent out by
, 203
working on
, 208
Language translation
, 92
Lead nurturing
, 26–27
Lead qualification
, 26–27
Lead scoring and prioritization
, 27–28
Learning algorithm
, 84
evaluating success of
, 84–86
Leaves
, 108
Lexical diversity
, 126
Line charts
, 217–218
LinkedIn
, 130–131
Logistic Regression
, 22
Logistics function
, 94
Long Short-term Memory Networks (LSTMs)
, 96
Long Term Evolution (LTE). See 4G
Longitude Problem
, 183–184
“Machine age” for customer insights
, 6–7
Machine learning (ML)
, 8, 13, 20–21, 38–39, 63, 80–83, 170, 184
age of
, 222
Big Data era
, 79–80
call to action
, 89–90
ethics
, 88–89
evaluating success of learning algorithm
, 84–86
stages in learning process
, 83–84
types of machine learning algorithms
, 86–88
at work
, 81–82
Machine-driven content marketing. See also Telemarketing
, 2
added value of
, 63
Maintenance
, 69
Malicious attacks
, 89
Market
basket analysis
, 87
research to customer insights
, 7–8
Marketers
, 27
Marketing. See also Content Marketing
, 25
campaigns
, 25–26
lead nurturing and lead qualification
, 26–27
perspective customer experience management
, 154–156
Measurement error
, 84
Median method
, 207
Medical diagnosis
, 92
Microsoft’s Cortana
, 43
Minimal viable products (MVPs)
, 10
Minority Report
, 43
Minority Report become reality
, 38–39
MobileNet
, 95
Modern sales organization
AI and future of sales
, 34
AI and machine learning
, 20–21
AI applications in
, 23–34
sales process of
, 24
salesforce achieves scalable AI for businesses with data
, 21–23
Moneyball (movie)
, 212–213, 216
Moneyball phenomenon
, 81
Music
, 218
MySQL server
, 141
Naive Bayes
, 22
National Academies of Sciences, Engineering, and Medicine (NASEM)
, 185–186
Natural language analytics
, 122–126
customer service
, 125–126
human resources
, 122–125
Natural language processing (NLP)
, 2, 22, 96, 120–121
emergence of
, 119–120
Natural language understanding (NLU)
, 120–121
emergence of
, 119–120
Net Promoter Score®
, 162
Netflix Prize
, 103–104
Network competencies
, 14–15
Networking
, 14
Neural networks
, 92–94
architectures and applications
, 94–97
autoencoders
, 97
CNN and image classification
, 94–95
GANs
, 95
LSTMs
, 96
reinforcement learning
, 97
RNNs and NLP
, 96
transformers
, 97
Neuroscience
, 218
News aggregation
, 92
Next Best Actions
, 30–32
Nodes
, 93, 108
Numerai
, 185
Objective function
, 94
Office of Science and Technology Policy (OSTP)
, 185–186
Operational data (O-data)
, 161–162
experience data
, 162
Organizers
, 184
Over-the-air updates (OTA updates)
, 10
Oxytocin
, 212
Pace Productivity Inc
, 24
Pacing
, 219
Pandora’s Box
, 80–81
Passive personalization
, 61
Pattern discovery
, 87
Peloton
, 161
Personalizing content
, 61–63
data and features
, 62–63
model and applications
, 63
recommender systems
, 61–62
Pipeline generation
, 29–30
“Plug-and-play” technology
, 163
Poetics
, 219
Porsche Case
, 9–11
Porsche Passion Report
, 14
Predictable Revenue
, 24
Prediction models
, 53–54
Predictive analytics
, 200–201
Predictive forecasting for sales leaders
, 32–34
Predictive models
, 22
Predictive overdraft
, 205–207
Privacy
, 148
designing for privacy in age of digital customer insight
, 149–154
as global driver for data-driven innovation
, 149
marketing perspective CEM
, 154–156
privacy-sensitive information systems
, 148
Programmatic advertising
, 13
Protecting privacy
, 148
Python
, 206
Quality of data
, 176–177
breaking down data silos
, 177
overcoming lack of access
, 176–177
Quantitative model
, 13
Quantum computing
, 12
R programming language
, 136–137
Random Forest
, 22, 60, 88, 92–93, 109, 112, 114, 207
Random sampling
, 85–86
Random-access memory (RAM)
, 83
Readability
, 58
Reading difficulty
, 59
Real business applications of natural language analytics
, 122–126
Real-time navigation
, 10–11
Recommender systems
, 61–62, 98–99
Recurrent neural networks (RNNs)
, 92, 96
Recurring behavior
, 206
Regular expressions
, 136
Reinforcement learning
, 97
Relational database
, 133
ReLU activation function
, 95
Request for proposal (RFP)
, 31
ResNet
, 95
Revocation
, 153
RMySQL
, 141
RSelenium
, 134
rvest
, 134
Sabermetrics
, 212
Sales
AI and future of
, 34
better decision making with opportunity insights and next best actions
, 30–32
development
, 25, 27, 30
lead scoring and prioritization
, 27–28
and management
, 30–34
predictive forecasting for sales leaders using voice assistance
, 32–34
prospecting and pipeline generation
, 29–30
Salesforce achieves scalable AI for businesses
, 21–23
structured data
, 22
unstructured data
, 22–23
Salesforce Einstein
, 22–23
Salesforces AutoML models
, 22
Santander Customer Satisfaction
, 185
SAP Analytics Cloud
, 173, 179
SAP Business Technology platform
, 171, 173
SAP Data Warehouse Cloud
, 173, 177, 180
SAP HANA Cloud
, 173–175
data tiers in
, 175
SAS
, 206
Scalable AI for businesses
, 21–23
Scraping
, 130
Scraping logic
, 136
Screen scraping
, 130
Search engine optimization (SEO)
, 53
Search engines
, 16
Seekers
, 184
Self-driving cars
, 92
Sensors
, 80
Sentiment analysis
, 59, 128
“Serena,” developing chatbot persona
, 45–46
Shallow learning methods
, 114
Sigmoid
, 94
Smart home technology
, 69
Smart logistics
, 69–70
Smart transportation
, 69–70
Soap-operas
, 53
Social media
, 11–12, 20, 55
Sociological models
, 16
Somatic marker hypothesis
, 39
Sponsors
, 184
Stakeholders, experiences of
, 161
Statistical modeling
, 81–82
Storytelling
, 212–213
Amazon
, 215
anticipation
, 219
Arc de Triumph
, 219–220
back to data
, 213
constructing
, 215–217
flip and ramp
, 221–222
framing
, 219
getting help out of weed pile
, 214–215
honing slide and chart
, 215
line charts
, 217–218
music
, 218
neuroscience
, 218
pacing
, 219
from past tense to right now
, 222–223
putting together big moment without designer or Brad Pitt
, 221
starting with key scenes
, 213–214
story creates data revolution
, 211–212
Structured data
, 22
Superpower
, 172
Supervised learning
, 86–87
Support vector machines (SVMs)
, 86–88, 92–93
Synthesizing competencies
, 13–14
Sys. sleep(x) function
, 137
T-statistics
, 15
Technological and organizational measures
, 149
Technology transformations
, 10
Telemarketing. See also Content Marketing; Machine-driven content marketing
conversions, predicting
, 105
decision tree
, 108
Telemedicine
, 68
Text analytics
, 2
Text classification models
, 15
Text Mining
, 120–121
emergence of
, 119–120
project considerations
, 126–128
technologies
, 128
Text processing methods
, 128
The Furrow (agricultural magazine)
, 52
“Time Series” method
, 206
Time-consuming factor analysis
, 5–6
Time-wise fraction of article read
, 57
Transformation process
, 2
Transformer(s)
, 97
transformer-based language models
, 114
TransmogrifAI
, 22, 33
Transmogrification
, 22
“Transparency”-myth
, 150–152
communicate risks relevant to users
, 151–152
contextualize data collection
, 150–151
TripAdvisor
, 131
TunedIT
, 185
Turing, Alan
, 20
Turing machine
, 20
Turning Point scene
, 214
Turning raw sensory information
, 83
Twitter
, 130–131
Uber
, 9–10, 161
Under Armour
, 166–167
Uniform resource locators (URLs)
, 134–135
Units
, 93
Universal Mobile Telecommunications System (UMTS)
, 65
Unstructured data
, 22–23
Use cases for 5G
, 68, 70–71
applications at national or regional scale
, 69
enterprise applications for advancement of communities
, 69
entertainment
, 70
personal, home, and social applications
, 68–69
smart transportation and smart logistics
, 69–70
Use-oriented development processes
, 6
Valence
, 39–41
Validation of facial coding
, 40–41
Value generation of customer insights
, 15–16
Variable cost per contact (VCPC)
, 125
VGG
, 95
Visualization tools
, 13
Vodafone
, 69
Voice assistance
, 32, 34, 39
challenges and benefits of using voice assistants in research
, 44
designing voice driven chatbot
, 44–45
developing chatbot persona “Serena”
, 45–46
Einstein voice assistant smart speaker
, 33
generating customer insights through
, 43–47
outlook on further applications of
, 46–47
utilizing conversational AI to create structure to voice assistant generated data
, 43–44
Voice coding
, 2
Voice driven chatbot, designing
, 44–45
Weather sensors
, 80
Web scraping
, 130
World Health Organization (WHO)
, 185–186
XGBoost
, 60, 63, 112, 114
XML
, 140–141
XML path language (XPath)
, 136, 138
Yelp
, 89
ZFNet
, 95
ZINDI
, 185
- Prelims
- Introduction
- Part 1 Transformation
- Chapter 1 Transformation of Customer Insights
- Chapter 2 Intelligent Applications in the Modern Sales Organization
- Chapter 3 Voice and Facial Coding in Market Research
- Chapter 4 Machine-Driven Content Marketing
- Chapter 5 Leveraging Customer Insights with 5G
- Part 2 Analytical Tools
- Chapter 6 Overview of Machine Learning Tools
- Chapter 7 Neural Networks and Deep Learning
- Chapter 8 Classification Using Decision Tree Ensembles
- Chapter 9 Text Analytics and Natural Language Processing
- Chapter 10 A Step-by-Step Guide for Data Scraping
- Part 3 Success Factors
- Chapter 11 Data Privacy: A Driver for Competitive Advantage
- Chapter 12 Data Collection: Welcome to the Experience Economy
- Chapter 13 Data Technology: Turning Business Data into Business Value
- Chapter 14 Data Competitions: Crowdsourcing with Data Science Platforms
- Chapter 15 Data Processing: KontoSensor as an Application of Predictive Analytics
- Chapter 16 Data Visualization: The Power of Storytelling
- Index