Industry tag: CRM
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Extreme weather has increased by 74.5 percent in the last 20 years, compared to the precedent period. They result in $133 billion in global economic losses per year. It is critical to assess the situation quickly after a natural hazard for damage assessment.
Idea
Improve user experience on e-commerce websites, reduce wasted bandwidth by cleaning up the internal database (product deduplication), and eliminating redundant data.
Pain / Challenges
High-quality data are the foundation for seamless damage detection and seamless claims processing. Another issue is the lack of datasets available for various scenarios, especially for infrequent natural disasters, such as volcanic eruptions or landslides.
Solution: Damage Mapping Model Training
Workers are presented with pairs of products and evaluate if they are a match based on attributes such as Title, Description, Color, Size, and Packaging Quantity. Workers judge if it’s an Exact Match, Mismatch, or if they’re Unsure based on available information.
Results
>26% Target detection accuracy
92% Damage mapping accuracy
20% Saved in claims costs, by improved estimation accuracy
Empowering Your Next AI Innovation Project
At SmartOne, we’re passionate about the potential of AI and machine learning. We firmly believe in the power of quality datasets to drive innovation and transformative solutions in this space. Our dedicated team offers an array of services designed to assist AI teams in refining and customizing their datasets. We take immense pride in collaborating with visionary companies that are shaping the future of AI technologies. From healthcare breakthroughs to cutting-edge tech solutions, our partners are driving transformative changes across industries including autonomous cars, agriculture, mobility, security, health, safety, retail and so much more.
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