Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Yandex Announces Yandex Data Factory – B2B-Service for the Enterprise

by Eileen McNulty
December 11, 2014
in Data Science, News
Home Topics Data Science
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Yandex, the Russian Internet company and also the country’s biggest search engine, rolled out  earlier this week at the  LeWeb innovation conference in Paris, the Yandex Data Factory.

The new Yandex B2B-service will allow corporate and enterprise clients,to harness their machine-learning technologies, “to turn large volumes of data they posses into hands-on business tools, and, by doing so, increase sales, cut costs, optimise processes, prevent losses, forecast demand, develop new or improve existing methods of audience targeting,” reports a Yandex press release.

MatrixNet is the Yandex machine learning technology, that not only makes its own decisions about whether a certain piece of information is a good answer to a user’s question or not, based on previous experience, but it does so based on a relatively limited experience.

Quite unlike what Google’s Russian rival has been known for, Yandex has been ‘branching out of their natural realm,’ for a while now. Their MatrixNet was used by CERN on their Large Hadron Collider beauty (LHCb) experiment.

Yandex has been carrying out experimental, customised solutions involving existing data  used for training a MatrixNet-based model, which then was applied to new data – depending on the goal of a client, to generate suggestions for buying a specific product, or predict, with a high degree of accuracy, based on behaviour of thousands or millions of shoppers with similar behaviour patterns, which product exactly will be bought, explains Yandex.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Presently, the company has about 20 ongoing projects worldwide.

“While the majority of our potential partners, as well as data, come from finance, telecommunications, retail, logistics, utilities, and even the new-fangled ‘smart cities’, anyone who has data and a business goal can discover new opportunities brought about by mathematics. No matter what industry your business is in, mathematics will work for you,” the company believes.

Read more here.

(Image credit: Yandex)

Tags: B2BMatrixNetYandex

Related Posts

What is ChatGPT Plus, and how to get it? Learn its features, price, and how to join ChatGPT Plus waitlist. Is it worth it? Keep reading and find out

ChatGPT Plus: How does the paid version work?

February 2, 2023
AI Text Classifier: OpenAI's ChatGPT detector can distinguishes AI-generated text

AI Text Classifier: OpenAI’s ChatGPT detector indicates AI-generated text

February 2, 2023
BuzzFeed ChatGPT integration: Buzzfeed stock surges in enthusiasm over OpenAI

BuzzFeed ChatGPT integration: Buzzfeed stock surges after the OpenAI deal

February 2, 2023
Adversarial machine learning 101: A new frontier in cybersecurity

Adversarial machine learning 101: A new cybersecurity frontier

January 31, 2023
What is the Nvidia Eye Contact AI feature? Learn how to get and use the new Nvidia Broadcast feature. Zoom meetings and streams get easier.

Nvidia Eye Contact AI can be the savior of your online meetings

February 2, 2023
How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

February 2, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Cyberpsychology: The psychological underpinnings of cybersecurity risks

ChatGPT Plus: How does the paid version work?

AI Text Classifier: OpenAI’s ChatGPT detector indicates AI-generated text

A journey worth taking: Shifting from BPM to DPA

BuzzFeed ChatGPT integration: Buzzfeed stock surges after the OpenAI deal

Adversarial machine learning 101: A new cybersecurity frontier

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.