According to Industry Arc, the market size for recommendation engines is estimated to reach 12.03 billion dollars in 2025. What’s more interesting is the fact that this number used to be only 1.14 billion dollars in 2018. IndustryArc, in … Continue reading
Today, viewers have complete freedom to watch the latest movies and listen to their favorite music on preferred devices – Smartphones, Computers, Tablets, or Connected TVs, every time and everywhere. But back in 2005, when the premium movies & … Continue reading
Unless you live under a rock, you already know Netflix is the most valued and sought after video streaming platform globally. The digital OTT landscape will forever owe to the streaming giant for cracking the secret to viewer engagement, … Continue reading
Be it hectic work-life schedules, preferred past time activity or for any celebration, online food ordering apps are now the ”Go-to” for almost every individual. They don’t have to make the same conventional choice of meals from regular restaurants. … Continue reading
Apart from buying what they want, customers shop products that are recommended by friends and close ones to a great extent. As there is a trust factor involved, their choices are influenced by what people around them buy. Relatable? … Continue reading
The need to cope with ongoing trends in the market has led people to watch and buy products that their friends might like. Alie has taken this into account and built an algorithm named ‘other user’s choice.’ This algorithm … Continue reading
Did you know that the e-learning industry crossed over 250 billion USD in 2020? According to the data from Global Market Insights, the e-learning market saw a considerable profit during the pandemic and will continue to grow. Two of … Continue reading
Though this may be a common practice, what actually works behind the scenes to serve such recommendations online is a book recommendation engine. Be it any product or service, before making any purchase, customers generally tend to ask friends … Continue reading
Beauty is always personal! Just as no two women or men are alike, the beauty industry can’t really make profits without paying attention to customization and individual expression. If you look closely at the way big beauty brands strategize … Continue reading
A few months ago, Netflix estimated that its recommendation engine is worth nearly $1 billion! This is because Netflix’s terrific AI-driven recommendation engine accounts for more than 80% of the TV shows discovered on the platform. Netflix uses its … Continue reading