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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.

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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. Microcomputing was expected to change information processing patterns of businesses, enabling better analysis and decision support at lower levels of the organization.

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IT Governance Maximises IT Returns

The Agile Manager

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. We are more tolerant to external risk factors because we don’t accumulate process debt or technical debt that makes it difficult for us to absorb risk.