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