mlsanityData to 14 Oct 2026

From Data to Decisions: The Transformational Power of Machine Learning in Business Recommendations

arXiv 2402.08109 ↗First posted 12 Feb 2024cs.DC cs.IR cs.LGcited by 0

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Abstract (arXiv)

This research aims to explore the impact of Machine Learning (ML) on the evolution and efficacy of Recommendation Systems (RS), particularly in the context of their growing significance in commercial business environments. Methodologically, the study delves into the role of ML in crafting and refining these systems, focusing on aspects such as data sourcing, feature engineering, and the importance of evaluation metrics, thereby highlighting the iterative nature of enhancing recommendation algorithms. The deployment of Recommendation Engines (RE), driven by advanced algorithms and data analytics, is explored across various domains, showcasing their significant impact on user experience and decision-making processes. These engines not only streamline information discovery and enhance collaboration but also accelerate knowledge acquisition, proving vital in navigating the digital landscape for businesses. They contribute significantly to sales, revenue, and the competitive edge of enterprises by offering improved recommendations that align with individual customer needs. The research identifies the increasing expectation of users for a seamless, intuitive online experience, where content is personalized and dynamically adapted to changing preferences. Future research directions include exploring advancements in deep learning models, ethical considerations in the deployment of RS, and addressing scalability challenges. This study emphasizes the indispensability of comprehending and leveraging ML in RS for researchers and practitioners, to tap into the full potential of personalized recommendation in commercial business prospects.

Key facts. No citing papers in the map yet (data through 14 Oct 2026). Builds on 19 of its 239 references that are in the map. First posted on arXiv 12 Feb 2024.

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19 of 239 references.

References · 19

  1. 2018Graph Convolutional Neural Networks for Web-Scale Recommender Systemscited by 1,138
  2. 2018Deep Interest Evolution Network for Click-Through Rate Predictioncited by 338
  3. 2019A Survey on Session-based Recommender Systemscited by 97
  4. 2020DeepRecSys: A System for Optimizing End-To-End At-scale Neural Recommendation Inferencecited by 54
  5. 2020Exploring Data Splitting Strategies for the Evaluation of Recommendation Modelscited by 48
  6. 2019Measuring the Business Value of Recommender Systemscited by 32
  7. 2021FM2: Field-matrixed Factorization Machines for Recommender Systemscited by 31
  8. 2018Similarity encoding for learning with dirty categorical variablescited by 28
  9. 2019Hybrid Recommender Systems: A Systematic Literature Reviewcited by 16
  10. 2021Machine Learning-based Orchestration of Containers: A Taxonomy and Future Directionscited by 7
  11. 2023Beyond-Accuracy: A Review on Diversity, Serendipity and Fairness in Recommender Systems Based on Graph Neural Networkscited by 7
  12. 2022Balancing Consumer and Business Value of Recommender Systems: A Simulation-based Analysiscited by 6
7 more
  1. 2022Sliding-Window Normalization to Improve the Performance of Machine-Learning Models for Real-Time Motion Prediction Using Electromyographycited by 6
  2. 2023DEPLOYR: A technical framework for deploying custom real-time machine learning models into the electronic medical recordcited by 5
  3. 2021Managing dataset shift by adversarial validation for credit scoringcited by 3
  4. 2022AdaptDHM: Adaptive Distribution Hierarchical Model for Multi-Domain CTR Predictioncited by 3
  5. 2023LightSAGE: Graph Neural Networks for Large Scale Item Retrieval in Shopee's Advertisement Recommendationcited by 3
  6. 2019Data Preprocessing for Evaluation of Recommendation Models in E-Commercecited by 1
  7. 2022Psychologically-Inspired Music Recommendation Systemcited by 1

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