Deep learning-based computer vision algorithms
Week 2 analytical software & tools discussion
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Week 2 analytical software & tools discussion
Netflix has increased its revenue and kept users who may have canceled by tracking user behavior and making changes as needed. As a result, Netflix has been able to keep customers who may have otherwise departed. Because of this, many Netflix users who otherwise might have switched to a different service provider have stuck with the company. Basically, because of the potential benefits that data analytics may provide, any firm, regardless of size, cannot afford to ignore it (Lyons, 2022).
Because of its innovative use of analytics, Netflix is a prime example of a successful company. The quintessential business Netflix finest exemplifies the power of data analytics. With its audience's behaviors and preferences studied, Netflix has increased revenue while maintaining customer satisfaction by leveraging that information to produce more engaging content and advertisements. Consequently, Netflix has increased its earnings without sacrificing its customer base. Since then, Netflix has made a name for itself as a sought-after partner for a broad range of other technological businesses by providing advice on subjects as diverse as users' onboarding and website statistics. Put simply, this is just another example of Netflix's reliability as a partner.
