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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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Mitigating Capability Risk

The Agile Manager

Breakaway opportunities tend also to be highly sensitive to non-functional requirements, such as performance, scalability and security. A recent quote from Shari Ballard, EVP of Retail Channel with Best Buy, highlights this: 'Look at why big companies die. All together, this means that the problem domain will be complex and dynamic.