A 5% increase in customer retention produces more than a 25% increase in profit. It is cheaper to keep existing customers than gain new ones. Over the years, we have collected a lot of experience with churn prediction, from industries like telecommunication providers, banking or computer security. Today we want to share some of our experience with you.
It has been two years since we have started Knoyd. We have helped quite a few companies using their data more efficiently and have learnt a lot during the process. It has also been two years since we published one of our very first blog posts, analysing tweets about Star Wars: The Force Awakens. And since the new installment has hit theaters in December, we have decided to create a re-hash of this original blogpost.
In this blog post, we will take a look at the activity on websites that became a significant part of development across all areas in, as well as, outside of Data Science: GitHub and StackOverflow. It doesn't matter where developers are from or what their specific focus is, everyone uses these websites.
In this post we will show you how to scrape reviews from an amazon product page. This data can be used to create datasets for sentiment analysis or other educational or research purposes. If you sell products on Amazon it can even be useful to analyse the reviews to understand what customers like and dislike about your product. Let's dive in!
Considering all the craze around cryptocurrencies happening all around us this year, our team has also decided to dip their toes into these crypto-waters and invest a little bit of money into the hype. In this blog, we will build a simple Google Sheet based portfolio monitoring tool. It is supposed to auto-update with new values on exchange rate changes.
In this post we will use modern Natural Language Processing techniques to find similar posts in a Facebook group.You have probably been in a situation where you want to post something in a Facebook group but you are not sure whether almost the same post already exists and is maybe just hiding on the next page.
In the last part of the tutorial, we managed to interactively draw location points on the zoomed in country and added a tooltip linking directly to our content. One thing we are missing is an overview of what content is available for which countries without having to manually click through all the points available.
Gut feeling used to be the biggest asset of successful businessmen in the past. Nowadays, intuition still plays an important role, but with all the available knowledge and technologies, there has been a significant shift. One of the most important sources of a competitive advantage these days is data. Big Data is a hype and undoubtedly a bandwagon to jump on. But how?