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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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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. 7 The same applies to IT.