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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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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.

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Mitigating Capability Risk

The Agile Manager

A recent quote from Shari Ballard, EVP of Retail Channel with Best Buy, highlights this: 'Look at why big companies die. See also, “Reduce IT Risk for Business Results,” Gartner Research, 14 October 2003 2 The seminal work in this area is Waltzing with Bears by Tom DeMarco and Tim Lister. They implode on themselves.