B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
10%
10% -- sales increase from ml recommendations for banks using ML recommendation engines (2022)
Banks applying machine learning to build recommendation engines have boosted sales by 10%.
- Secondary citation from the 2022 IBM Index AI Report
- Source text contains a typo ('recommendation earnings' instead of 'recommendation engines')
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Lighthouse Research Team
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Source verified
Evidence graded
Value
10%
Unit
Percentage
Data Vintage
2022
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
IBM
Primary
Tier C
https://technologydispatch.com/charmed-kubeflow-1-6-is-now-available-from-canonical/ ↗
Source Article
Enhanced AI/ML Training with Charmed Kubeflow 1.6
The latest release of Canonical’s end-to-end MLOps platform brings advanced AI/ML training capabilities
8 September 2022- Canonical, the publisher of Ubuntu, announces today the release of Charmed Kubeflow 1.6, an end-to-end MLOps platform with optimised complex model training capabilities. Charmed …
Original Research
IBM
· Original study ↗
Methodology
Cited from 2022 IBM Index AI Report
Methodology documented
Segmentation
IndustryFinTech
Cite this stat
Plain Text
banks using ML recommendation engines: 10% sales increase from ml recommendations. Source: IBM (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/ml-recommendation-sales-boost-banks
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<blockquote cite="https://lighthousedata.io/data/ml-recommendation-sales-boost-banks" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>10%</strong> -- sales increase from ml recommendations for banks using ML recommendation engines<br><small>Source: IBM (2022) · <a href="https://lighthousedata.io/data/ml-recommendation-sales-boost-banks" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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