SlideShare une entreprise Scribd logo
1  sur  60
Télécharger pour lire hors ligne
FOR
Powered by
MACHINE LEARNING
Hello!
Andrew Van Aken
Consultant,
OgilvyOne Worldwide
Laurie Close
Global Brand Partnerships,
OgilvyRED
Michael McCarthy
Senior Consultant,
OgilvyOne Worldwide
What’s the weather like in your city?
Tell us where you’re dialing in from!
Want this deck?
It will be available for download shortly after
the webinar on: slideshare.net/socialogilvy
Ogilvy staff: It’s also on The Market!
themarket.ogilvy.com
Are you on the go? You can join our webinars on mobile, too!
Download the GoToWebinar app from the App Store or Google Play
This Talk
• We will demystify machine learning (ML) and artificial intelligence (AI)
• Why now for ML and AI?
• Ogilvy case studies
What is Machine Learning
Machine learning gives “computers the ability to learn without being
explicitly programmed.”
-Arthur Samuel, 1959
Any Type of Data
Machine Learning Concept
• Machine learning takes an input
• to an output: David Ogilvy
How does it do it?
x1 x2 x3 y
23 146 1 91
x1 x2 x3 y
23 146 68 163
Another David Ogilvy
Panda or Gibbon?
Soccer/Football Example
Visitor Goals
Score
Visitor Goals
Allowed
Home Goals
Scored
Home Goals
Allowed
Outcome
2 3 1 4 0
3 3 1 2 1
5 6 2 1 1
Tree Based Approach
Tree Based Approach
All Models are Wrong
• After the tree has been built, a calculation is done to show how
accurate your model is
• The algorithm will try its best to minimize the error
Adding Complexity
New Example
Visitor Goals
Score
Visitor Goals
Allowed
Home Goals
Scored
Home Goals
Allowed
Outcome
1 2 4 2 ?
4 3 1 4 ?
3 4 1 1 ?
What is Artificial Intelligence
“Artificial intelligence is whatever hasn't been done yet”
-Larry Tesler, 1970
Is This AI?
• A program that can beat anyone in chess?
• A software service that can tell you the answer to almost any
question?
• A digital assistant?
• C3PO?
Is This AI?
Is This AI?
Is This AI?
Is This AI?
Is This AI?
• While not a universal definition, at Ogilvy we consider a main differentiation
of AI versus Machine Learning to be the ability to “self-learn” or “self-
update”
• This is in terms of analytics techniques, while a different criteria might be
applied to interactive marketing tools like ChatBots, etc.
What is an Example of AI?
• Example 1: Autonomous Media Buying
What is an Example of AI?
• Example 2: AI Generated Content
What is AI
WHY NOW?
Why Now
• Big Data
• Compute
Google Trends - Machine Learning
Corporations
Why Now?
“90% of the data in the world has been created in the past two years”
-IBM, 2017
Big Data
Data = Accuracy
Accuracy
Amount	of	Data
Data	vs	Accuracy
Enormous Data
But CPU’s are Slowing
Enter GPUs
Enter GPUs
But at a Cost
• A single GPU can cost up to $10,000 and uses tremendous amounts
of power
• Facebook recently used 256 GPUs to train 40,000 images a second
• Can rent on the cloud for cheaper
Where Next?
• Do we just keep adding data and power?
• Do we need new methods?
What do we Think!
• It’s complicated…
CASE STUDIES
Text Mining -> Chatbot
Text mining analysis to provide insights into best use of Chatbot
functionality
The Challenge - Utility Client
Social media customer
service is a significant cost
expenditure and usage
continues to rise
Competitors and businesses
are implementing Chatbots,
which are crucial to scaling
customer service and making
brand engagement more
interactive
Existing data around
customer service
conversations was
insufficient to examine
cost-effectiveness and
feasibility of a Chatbot
Business Case Landscape Existing Data
The Ask
Process Social Media Data
Analyze Recommend
Utilize Machine Learning to
Extract Key Topics from Text Data
Provide Recommendations
on Deploying a Chatbot
The Data
CONVERSATIONS BY TYPE CONVERSATIONS BY SENTIMENT
AVERAGE CONVERSATION LENGTH AVERAGE WORDS PER CONVERSATION
4.5
messages
~50
The Solution
Topic Modeling (Non-Negative Matrix Factorization)
Programming
Language
Data Science
Platform
Machine Learning
Package
In-line Coding and
Visualizations
Data Science Toolkit
Matrix
Representation
d1 d2 d3
bi1 1 0 1
bi2 0 2 0
bi3 0 1 4
Text
Conversations
-----
---
------
Matrix Factorisation to
Derive Topic Vectors
-----
---
------
Summarize Key Topics
1
2
..
3
Identifying Viral Tweets
Text mining analysis revealed 28% of conservation activity could be
directed away from customer care, with 6% related to viral or
marketing activity.
Revealed an opportunity for a heuristic or machine
learning model to flag these tweets algorithmically.
# # # # #
Extracting Key Phrases by Sentiment
Pulling out the top phrases by positive and negative
customer service conversations gave insight into potential
flags for a Chatbot to either continue chatting or divert a
customer to a representative.
Summarizing Customer Service Topics
customer service,
poor customer,
service today,
excellent
customer,
shocking
customer, service
advisor, worst
customer
Customer Service Seekers
email address,
change email, old
email, send
email, address
received, details
follows, got right,
technical error
Contact Us
power cut, post
code, red
triangle, pls help,
Saturday night,
fuse box, know
long, tell long,
gets sorted,
getting address
Help Seekers
A total of 9 topics were generated from the data through unsupervised
topic modeling. Three key topics (below) show a diversity of customer
service conversations not previously categorized by agents.
Evaluating Chatbot Usage
customer service… email address… power cut…
Sentiment: 70% negative
Complexity: ↑ average
Recommendation: divert
away from Chatbot
Sentiment: 60% negative
Complexity: ↑ average
Recommendation: divert
away from Chatbot
Sentiment: 66% positive
Complexity: ↓ average
Recommendation: potential to
utilize Chatbot
Customer Service Seekers Contact Us Help Seekers
Client Recommendations
1. Brand and Viral comments could be diverted to a Chatbot with machine learning
algorithm
2. Negative and positive sentiment are distinguishable by key phrases, allowing for
direction to Chatbot or human where necessary
3. After applying non-negative matrix factorization, we can determine which
conversation types are suitable for a Chatbot based on conversation complexity and
sentiment
Customer Lifetime Value
Scalable machine learning applied to millions of members
LTV Challenge
• Build reproducible, production level lifetime value model which scales to
millions of users
• Writes to database and allows others to use
• Refreshes every month
What did we Predict?
• Revenue - a regression problem
• Cost of goods sold - logistic problem
• Coupons redeemed - Bayesian
LTV = Revenue – COGS - Coupons
Prediction Error
-$40
$160
$360
$560
$760
$960
$1,160
$1,360
1
5
9
13
17
21
25
29
33
37
41
45
49
53
57
61
65
69
73
77
81
85
89
93
97
Predicted CLV($) Actual Net Revenue($)
Data Pipeline
Data-
warehouse
Stored Procedure
Trains Model
Trains Model
Trains Model
Stored Procedure
Predicts
Predicts
PRedicts
Writes Error Metrics
Data-
warehouse
Writes Scores
User User
User*Process takes less than an hour
Going Forward
• Develop a model to find what drives LTV
• Will sending more emails affect LTV
• What’s the optimal number of coupons to serve?
• Segmenting users around LTV
• What do we do with the most valuable
• Do we do anything at all?
• How do we engage users to spend more?
Want to Stay Present?
• We write weekly on machine learning, artificial intelligence, cloud
computing and other technology
• Cloudy with a Chance of AI - Subscribe today!
Questions?
Andrew Van Aken
Consultant,
OgilvyOne Worldwide
Laurie Close
Global Brand Partnerships,
OgilvyRED
Michael McCarthy
Senior Consultant,
OgilvyOne Worldwide

Contenu connexe

Tendances

Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
Dung Tri
 

Tendances (20)

Keeping Up With SEO in 2017 & Beyond
Keeping Up With SEO in 2017 & BeyondKeeping Up With SEO in 2017 & Beyond
Keeping Up With SEO in 2017 & Beyond
 
Account-based Marketing
Account-based MarketingAccount-based Marketing
Account-based Marketing
 
What's Next: Marketing Maturity & How To Achieve It
What's Next: Marketing Maturity & How To Achieve ItWhat's Next: Marketing Maturity & How To Achieve It
What's Next: Marketing Maturity & How To Achieve It
 
What's Next: Highlights from Facebook F8 2018
What's Next: Highlights from Facebook F8 2018What's Next: Highlights from Facebook F8 2018
What's Next: Highlights from Facebook F8 2018
 
What's Next: State of Social 7
What's Next: State of Social 7What's Next: State of Social 7
What's Next: State of Social 7
 
Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
Mobile Search Moments Understanding How Mobile Drives Conversions 3 2013
 
What's the ROI of Social Media?
What's the ROI of Social Media?What's the ROI of Social Media?
What's the ROI of Social Media?
 
What's Next: The Holistic Content Studio
What's Next: The Holistic Content StudioWhat's Next: The Holistic Content Studio
What's Next: The Holistic Content Studio
 
Social value benchmark
Social value benchmarkSocial value benchmark
Social value benchmark
 
2015 Trends
2015 Trends2015 Trends
2015 Trends
 
State of Messengers in Asia
State of Messengers in AsiaState of Messengers in Asia
State of Messengers in Asia
 
State of Demand 2013
State of Demand 2013 State of Demand 2013
State of Demand 2013
 
What's Next: Moment Marketing
What's Next: Moment MarketingWhat's Next: Moment Marketing
What's Next: Moment Marketing
 
Argyle CMO Summit, Boston 2015
Argyle CMO Summit, Boston 2015Argyle CMO Summit, Boston 2015
Argyle CMO Summit, Boston 2015
 
25 Disruptive Technology Trends 2015 - 2016
25 Disruptive Technology Trends 2015 - 201625 Disruptive Technology Trends 2015 - 2016
25 Disruptive Technology Trends 2015 - 2016
 
120 Awesome Marketing Stats, Charts and Graphs
120 Awesome Marketing Stats, Charts and Graphs120 Awesome Marketing Stats, Charts and Graphs
120 Awesome Marketing Stats, Charts and Graphs
 
Systematically Rising Above the Noise
Systematically Rising Above the NoiseSystematically Rising Above the Noise
Systematically Rising Above the Noise
 
What's Next: The New Shades of Loyalty
What's Next: The New Shades of LoyaltyWhat's Next: The New Shades of Loyalty
What's Next: The New Shades of Loyalty
 
Digital marketing trends in 2018
Digital marketing trends in 2018Digital marketing trends in 2018
Digital marketing trends in 2018
 
Marketing fact vs Marketing fantasy
Marketing fact vs Marketing fantasyMarketing fact vs Marketing fantasy
Marketing fact vs Marketing fantasy
 

Similaire à Whats Next for Machine Learning

Conversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdfConversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdf
ScallionRice
 

Similaire à Whats Next for Machine Learning (20)

What's Next: Ogilvy x Google Chatbots Partnership
What's Next: Ogilvy x Google Chatbots PartnershipWhat's Next: Ogilvy x Google Chatbots Partnership
What's Next: Ogilvy x Google Chatbots Partnership
 
SkillsFuture Festival at NUS 2019- Artificial Intelligence for Everyone - A P...
SkillsFuture Festival at NUS 2019- Artificial Intelligence for Everyone - A P...SkillsFuture Festival at NUS 2019- Artificial Intelligence for Everyone - A P...
SkillsFuture Festival at NUS 2019- Artificial Intelligence for Everyone - A P...
 
Algorithm Marketplace and the new "Algorithm Economy"
Algorithm Marketplace and the new "Algorithm Economy"Algorithm Marketplace and the new "Algorithm Economy"
Algorithm Marketplace and the new "Algorithm Economy"
 
Cocolevio AI Chatbot 9.20.19
Cocolevio AI Chatbot 9.20.19Cocolevio AI Chatbot 9.20.19
Cocolevio AI Chatbot 9.20.19
 
Big Data LDN 2018: HOW AUTOMATION CAN ACCELERATE THE DELIVERY OF MACHINE LEAR...
Big Data LDN 2018: HOW AUTOMATION CAN ACCELERATE THE DELIVERY OF MACHINE LEAR...Big Data LDN 2018: HOW AUTOMATION CAN ACCELERATE THE DELIVERY OF MACHINE LEAR...
Big Data LDN 2018: HOW AUTOMATION CAN ACCELERATE THE DELIVERY OF MACHINE LEAR...
 
AI Orange Belt - Session 2
AI Orange Belt - Session 2AI Orange Belt - Session 2
AI Orange Belt - Session 2
 
FROM BI TO APPLIED AI
FROM BI TO APPLIED AIFROM BI TO APPLIED AI
FROM BI TO APPLIED AI
 
Cognitive Automation - Your AI Coworker
Cognitive Automation - Your AI CoworkerCognitive Automation - Your AI Coworker
Cognitive Automation - Your AI Coworker
 
AI Talks Live - ML.NET and NLP (with ONNX)
AI Talks Live - ML.NET and NLP (with ONNX)AI Talks Live - ML.NET and NLP (with ONNX)
AI Talks Live - ML.NET and NLP (with ONNX)
 
Understanding the New World of Cognitive Computing
Understanding the New World of Cognitive ComputingUnderstanding the New World of Cognitive Computing
Understanding the New World of Cognitive Computing
 
Generative AI - The New Reality: How Key Players Are Progressing
Generative AI - The New Reality: How Key Players Are Progressing Generative AI - The New Reality: How Key Players Are Progressing
Generative AI - The New Reality: How Key Players Are Progressing
 
The implementation of Big Data and AI on Digital Marketing
The implementation of Big Data and AI on Digital MarketingThe implementation of Big Data and AI on Digital Marketing
The implementation of Big Data and AI on Digital Marketing
 
EDW 2015 cognitive computing panel session
EDW 2015 cognitive computing panel session EDW 2015 cognitive computing panel session
EDW 2015 cognitive computing panel session
 
AI 2023.pdf
AI 2023.pdfAI 2023.pdf
AI 2023.pdf
 
Conversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdfConversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdf
 
The Robot Marketeer
The Robot MarketeerThe Robot Marketeer
The Robot Marketeer
 
MongoDB World 2018: Building Intelligent Apps with MongoDB & Google Cloud
MongoDB World 2018: Building Intelligent Apps with MongoDB & Google CloudMongoDB World 2018: Building Intelligent Apps with MongoDB & Google Cloud
MongoDB World 2018: Building Intelligent Apps with MongoDB & Google Cloud
 
Présentation de Bruno Schroder au 20e #mforum (07/12/2016)
Présentation de Bruno Schroder au 20e #mforum (07/12/2016)Présentation de Bruno Schroder au 20e #mforum (07/12/2016)
Présentation de Bruno Schroder au 20e #mforum (07/12/2016)
 
2024-02-24_Session 1 - PMLE_UPDATED.pptx
2024-02-24_Session 1 - PMLE_UPDATED.pptx2024-02-24_Session 1 - PMLE_UPDATED.pptx
2024-02-24_Session 1 - PMLE_UPDATED.pptx
 
How would AI shape Future Integrations?
How would AI shape Future Integrations?How would AI shape Future Integrations?
How would AI shape Future Integrations?
 

Plus de Ogilvy Consulting

Plus de Ogilvy Consulting (20)

How to Win in Marketplaces
How to Win in MarketplacesHow to Win in Marketplaces
How to Win in Marketplaces
 
The Return to Growth in Turbulent Times
The Return to Growth in Turbulent TimesThe Return to Growth in Turbulent Times
The Return to Growth in Turbulent Times
 
Using Brand to Drive M&A Value
Using Brand to Drive M&A ValueUsing Brand to Drive M&A Value
Using Brand to Drive M&A Value
 
Influencing our New Reality
Influencing our New RealityInfluencing our New Reality
Influencing our New Reality
 
Nudgestock 2020 – Necessity is the Mother of Reinvention
Nudgestock 2020 – Necessity is the Mother of ReinventionNudgestock 2020 – Necessity is the Mother of Reinvention
Nudgestock 2020 – Necessity is the Mother of Reinvention
 
What's Next: How brands can capture value, mindset and experiences on their o...
What's Next: How brands can capture value, mindset and experiences on their o...What's Next: How brands can capture value, mindset and experiences on their o...
What's Next: How brands can capture value, mindset and experiences on their o...
 
What's Next: Celebrating Eid in a time of isolation
What's Next: Celebrating Eid in a time of isolationWhat's Next: Celebrating Eid in a time of isolation
What's Next: Celebrating Eid in a time of isolation
 
What's Next: Unlocking a powerful corporate culture in turbulent times and be...
What's Next: Unlocking a powerful corporate culture in turbulent times and be...What's Next: Unlocking a powerful corporate culture in turbulent times and be...
What's Next: Unlocking a powerful corporate culture in turbulent times and be...
 
What's Next: Now, Next & Beyond - Preparing people to return to the workplace
What's Next: Now, Next & Beyond - Preparing people to return to the workplaceWhat's Next: Now, Next & Beyond - Preparing people to return to the workplace
What's Next: Now, Next & Beyond - Preparing people to return to the workplace
 
What's Next: Rapidly adjusting your customer experience strategy for the "new...
What's Next: Rapidly adjusting your customer experience strategy for the "new...What's Next: Rapidly adjusting your customer experience strategy for the "new...
What's Next: Rapidly adjusting your customer experience strategy for the "new...
 
What's Next: Using technology to engage employees & build businesses
What's Next: Using technology to engage employees & build businessesWhat's Next: Using technology to engage employees & build businesses
What's Next: Using technology to engage employees & build businesses
 
What's Next: Health & Wellness - Disruption & Adapting for the Rebound
What's Next: Health & Wellness - Disruption & Adapting for the ReboundWhat's Next: Health & Wellness - Disruption & Adapting for the Rebound
What's Next: Health & Wellness - Disruption & Adapting for the Rebound
 
What's Next: Using technology to engage employees and build businesses
What's Next: Using technology to engage employees and build businessesWhat's Next: Using technology to engage employees and build businesses
What's Next: Using technology to engage employees and build businesses
 
What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19
 
What's Next: The Next Frontier in Automotive Industry
What's Next: The Next Frontier in Automotive Industry What's Next: The Next Frontier in Automotive Industry
What's Next: The Next Frontier in Automotive Industry
 
What's Next: Social Commerce - from transaction to truly social
What's Next: Social Commerce - from transaction to truly socialWhat's Next: Social Commerce - from transaction to truly social
What's Next: Social Commerce - from transaction to truly social
 
What's Next: The Role of Brands in the Booming Original Content Business
What's Next: The Role of Brands in the Booming Original Content BusinessWhat's Next: The Role of Brands in the Booming Original Content Business
What's Next: The Role of Brands in the Booming Original Content Business
 
What's Next: Trends for 2020
What's Next: Trends for 2020What's Next: Trends for 2020
What's Next: Trends for 2020
 
What's Next: Social Media Trends 2020
What's Next: Social Media Trends 2020 What's Next: Social Media Trends 2020
What's Next: Social Media Trends 2020
 
What's Next: Michael Frohlich talks to us about the woes from a CEO during a ...
What's Next: Michael Frohlich talks to us about the woes from a CEO during a ...What's Next: Michael Frohlich talks to us about the woes from a CEO during a ...
What's Next: Michael Frohlich talks to us about the woes from a CEO during a ...
 

Dernier

Dernier (20)

Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Advantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your BusinessAdvantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your Business
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 

Whats Next for Machine Learning

  • 2. Hello! Andrew Van Aken Consultant, OgilvyOne Worldwide Laurie Close Global Brand Partnerships, OgilvyRED Michael McCarthy Senior Consultant, OgilvyOne Worldwide
  • 3. What’s the weather like in your city? Tell us where you’re dialing in from!
  • 4. Want this deck? It will be available for download shortly after the webinar on: slideshare.net/socialogilvy Ogilvy staff: It’s also on The Market! themarket.ogilvy.com Are you on the go? You can join our webinars on mobile, too! Download the GoToWebinar app from the App Store or Google Play
  • 5. This Talk • We will demystify machine learning (ML) and artificial intelligence (AI) • Why now for ML and AI? • Ogilvy case studies
  • 6. What is Machine Learning Machine learning gives “computers the ability to learn without being explicitly programmed.” -Arthur Samuel, 1959
  • 7. Any Type of Data
  • 8. Machine Learning Concept • Machine learning takes an input • to an output: David Ogilvy
  • 9. How does it do it? x1 x2 x3 y 23 146 1 91 x1 x2 x3 y 23 146 68 163
  • 12. Soccer/Football Example Visitor Goals Score Visitor Goals Allowed Home Goals Scored Home Goals Allowed Outcome 2 3 1 4 0 3 3 1 2 1 5 6 2 1 1
  • 15. All Models are Wrong • After the tree has been built, a calculation is done to show how accurate your model is • The algorithm will try its best to minimize the error
  • 17. New Example Visitor Goals Score Visitor Goals Allowed Home Goals Scored Home Goals Allowed Outcome 1 2 4 2 ? 4 3 1 4 ? 3 4 1 1 ?
  • 18. What is Artificial Intelligence “Artificial intelligence is whatever hasn't been done yet” -Larry Tesler, 1970
  • 19. Is This AI? • A program that can beat anyone in chess? • A software service that can tell you the answer to almost any question? • A digital assistant? • C3PO?
  • 24. Is This AI? • While not a universal definition, at Ogilvy we consider a main differentiation of AI versus Machine Learning to be the ability to “self-learn” or “self- update” • This is in terms of analytics techniques, while a different criteria might be applied to interactive marketing tools like ChatBots, etc.
  • 25. What is an Example of AI? • Example 1: Autonomous Media Buying
  • 26. What is an Example of AI? • Example 2: AI Generated Content
  • 29. Why Now • Big Data • Compute
  • 30. Google Trends - Machine Learning
  • 32. Why Now? “90% of the data in the world has been created in the past two years” -IBM, 2017
  • 36. But CPU’s are Slowing
  • 39. But at a Cost • A single GPU can cost up to $10,000 and uses tremendous amounts of power • Facebook recently used 256 GPUs to train 40,000 images a second • Can rent on the cloud for cheaper
  • 40. Where Next? • Do we just keep adding data and power? • Do we need new methods?
  • 41. What do we Think! • It’s complicated…
  • 43. Text Mining -> Chatbot Text mining analysis to provide insights into best use of Chatbot functionality
  • 44. The Challenge - Utility Client Social media customer service is a significant cost expenditure and usage continues to rise Competitors and businesses are implementing Chatbots, which are crucial to scaling customer service and making brand engagement more interactive Existing data around customer service conversations was insufficient to examine cost-effectiveness and feasibility of a Chatbot Business Case Landscape Existing Data
  • 45. The Ask Process Social Media Data Analyze Recommend Utilize Machine Learning to Extract Key Topics from Text Data Provide Recommendations on Deploying a Chatbot
  • 46. The Data CONVERSATIONS BY TYPE CONVERSATIONS BY SENTIMENT AVERAGE CONVERSATION LENGTH AVERAGE WORDS PER CONVERSATION 4.5 messages ~50
  • 47. The Solution Topic Modeling (Non-Negative Matrix Factorization) Programming Language Data Science Platform Machine Learning Package In-line Coding and Visualizations Data Science Toolkit Matrix Representation d1 d2 d3 bi1 1 0 1 bi2 0 2 0 bi3 0 1 4 Text Conversations ----- --- ------ Matrix Factorisation to Derive Topic Vectors ----- --- ------ Summarize Key Topics 1 2 .. 3
  • 48. Identifying Viral Tweets Text mining analysis revealed 28% of conservation activity could be directed away from customer care, with 6% related to viral or marketing activity. Revealed an opportunity for a heuristic or machine learning model to flag these tweets algorithmically. # # # # #
  • 49. Extracting Key Phrases by Sentiment Pulling out the top phrases by positive and negative customer service conversations gave insight into potential flags for a Chatbot to either continue chatting or divert a customer to a representative.
  • 50. Summarizing Customer Service Topics customer service, poor customer, service today, excellent customer, shocking customer, service advisor, worst customer Customer Service Seekers email address, change email, old email, send email, address received, details follows, got right, technical error Contact Us power cut, post code, red triangle, pls help, Saturday night, fuse box, know long, tell long, gets sorted, getting address Help Seekers A total of 9 topics were generated from the data through unsupervised topic modeling. Three key topics (below) show a diversity of customer service conversations not previously categorized by agents.
  • 51. Evaluating Chatbot Usage customer service… email address… power cut… Sentiment: 70% negative Complexity: ↑ average Recommendation: divert away from Chatbot Sentiment: 60% negative Complexity: ↑ average Recommendation: divert away from Chatbot Sentiment: 66% positive Complexity: ↓ average Recommendation: potential to utilize Chatbot Customer Service Seekers Contact Us Help Seekers
  • 52. Client Recommendations 1. Brand and Viral comments could be diverted to a Chatbot with machine learning algorithm 2. Negative and positive sentiment are distinguishable by key phrases, allowing for direction to Chatbot or human where necessary 3. After applying non-negative matrix factorization, we can determine which conversation types are suitable for a Chatbot based on conversation complexity and sentiment
  • 53. Customer Lifetime Value Scalable machine learning applied to millions of members
  • 54. LTV Challenge • Build reproducible, production level lifetime value model which scales to millions of users • Writes to database and allows others to use • Refreshes every month
  • 55. What did we Predict? • Revenue - a regression problem • Cost of goods sold - logistic problem • Coupons redeemed - Bayesian LTV = Revenue – COGS - Coupons
  • 57. Data Pipeline Data- warehouse Stored Procedure Trains Model Trains Model Trains Model Stored Procedure Predicts Predicts PRedicts Writes Error Metrics Data- warehouse Writes Scores User User User*Process takes less than an hour
  • 58. Going Forward • Develop a model to find what drives LTV • Will sending more emails affect LTV • What’s the optimal number of coupons to serve? • Segmenting users around LTV • What do we do with the most valuable • Do we do anything at all? • How do we engage users to spend more?
  • 59. Want to Stay Present? • We write weekly on machine learning, artificial intelligence, cloud computing and other technology • Cloudy with a Chance of AI - Subscribe today!
  • 60. Questions? Andrew Van Aken Consultant, OgilvyOne Worldwide Laurie Close Global Brand Partnerships, OgilvyRED Michael McCarthy Senior Consultant, OgilvyOne Worldwide