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Leveraging Business Transformation with Machine Learning Experiments

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Book cover Software Business (ICSOB 2019)

Abstract

The deployment of production-quality ML solutions, even for simple applications, requires significant software engineering effort. Often, companies do not fully understand the consequences and the business impact of ML-based systems, prior to the development of these systems. To minimize investment risks while evaluating the potential business impact of an ML system, companies can utilize continuous experimentation techniques. Based on action research, we report on the experience of developing and deploying a business-oriented ML-based dynamic pricing system in collaboration with a home shopping e-commerce company using a continuous experimentation (CE) approach. We identified a set of generic challenges in ML development that we present together with tactics and opportunities.

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Acknowledgments

This work was partially supported by the Wallenberg Artificial Intelligence, Autonomous Systems and Software Program (WASP) funded by the Knut and Alice Wallenberg Foundation and by the Software Center.

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Correspondence to David Issa Mattos .

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Online Appendix

Online Appendix

The online appendix, available at https://github.com/davidissamattos/icsob-2019, presents additional information regarding the CE process, the analysis of the experiment and the developed ML dynamic pricing system

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Mattos, D.I., Bosch, J., Olsson, H.H. (2019). Leveraging Business Transformation with Machine Learning Experiments. In: Hyrynsalmi, S., Suoranta, M., Nguyen-Duc, A., Tyrväinen, P., Abrahamsson, P. (eds) Software Business. ICSOB 2019. Lecture Notes in Business Information Processing, vol 370. Springer, Cham. https://doi.org/10.1007/978-3-030-33742-1_15

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  • DOI: https://doi.org/10.1007/978-3-030-33742-1_15

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-33741-4

  • Online ISBN: 978-3-030-33742-1

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