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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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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.

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The Management Revolution that Never Happened

The Agile Manager

Recessions in 2001 (when businesses reigned in unrestrained tech spending) and 2008 (when businesses reigned in all spending) tightened belts and increased operational scrutiny. The increasing disruption caused by technology in everything from retail to education to NGOs will defy command and control management.

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IT Governance Maximises IT Returns

The Agile Manager

The notion that a Brand X watch recently sold for tens of thousands of dollars at auction increases the brand’s retail marketability by suggesting it has investment-grade or heirloom properties. 3 The credit rating of mortgage backed securities created significant misinformation in risk exposure. 7 The same applies to IT.

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

All Things Distributed

The concept has been explored by many popular science fiction movies and TV shows, such as "2001: A Space Odyssey" with HAL-9000 or the Star Trek computer and Commander Data, which defined the perception of computer-generated speech.

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