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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. The tech economy suffered greatly in the wake of the dot-com bubble bursting in 2000.

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The Management Revolution that Never Happened

The Agile Manager

Think about policy renewal operations at insurance companies, or specialized software developers working in silos: they are information workers, but they are on an information assembly line, doing piecework and passing it onto the next person. "[Big The appetite for operational data has increased significantly.

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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. All anybody cares about is that we produce "results" - for us, this means getting software into production no matter what.

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

All Things Distributed

HubSpot, a marketing and sales software leader, uses a chatbot called GrowthBot to help marketers and sales personnel be more productive by providing access to relevant data and services. With this fast and accurate API, retail businesses can respond to their customers online or in store immediately by delivering targeted ads.

AWS 166