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Data Mining Problems in Retail

Highly Scalable

Retail is one of the most important business domains for data science and data mining applications because of its prolific data and numerous optimization problems such as optimal prices, discounts, recommendations, and stock levels that can be solved using data analysis methods. However, many of these models are highly parametric (i.e.

Retail 152
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Conserve or Invest?

The Agile Manager

Both the financial and real economies have suffered quite a few shocks in the last 20 years: the dot-com bubble bursting (2000); September 11 (2001); the Great Recession (2008); and today in 2020 the COVID-19 crisis is wreaking economic havoc. Is it dependent on commodity ABAP developers? It was much different in 2008.

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The Management Revolution that Never Happened

The Agile Manager

Technocracy was, too: "best practice" was derived from people performing narrowly defined tasks in rigid processes that yielded poor quality products at a high cost. Frederick Taylor defined and measured performance down to the task level. In the 1980s, it seemed we were on the cusp of a revolution in management.

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IT Governance Maximises IT Returns

The Agile Manager

This wording is intentional: how work is performed reduces the probability of failure. So it is with IT projects: an extremely efficient IT project will still fail if it is blindsided because a market doesn’t materialise for the solution being developed. Doing these isn’t the same as increasing the probability of success.

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Bringing the Magic of Amazon AI and Alexa to Apps on AWS.

All Things Distributed

Today, there are thousands of machine learning scientists and developers applying machine learning in various places, from recommendations to fraud detection, from inventory levels to book classification to abusive review detection. in ML and neural networks) and access to vast amounts of data.

AWS 165