Tag: Retail

Feed: Featured Blog Posts - Data Science Central. Author: Ayumi Owada. Sales data analyses can provide a wealth of insights for any business but rarely is it made available to the public. In 2018, however, a retail chain provided Black Friday sales data on Kaggle as part of a Kaggle competition. Although the store and product lines are anonymized, the dataset presents a great learning opportunity to find business insights! In this post, we’ll cover how to prepare data, perform basic analysis, and glean additional insights via a technique called Market Basket Analysis.Let’s see what the data looks like. We ... Read More

Feed: Featured Blog Posts - Data Science Central. Author: Igor Bobriakov. Data science has become a widely used term and a buzzword as well. It is a broad field representing a combination of multiple disciplines. However, there are adjacent areas that deserve proper attention and should not be confused with data science. One of them is decision science. Its importance should not be underestimated, so it is useful to know the actual differences and peculiarities of these two fields. Data science and decision science are related but still separate fields, so at some points, it might be hard to compare ... Read More

Feed: Featured Blog Posts - Data Science Central. Author: Divya Singh. Artificial Intelligence and Machine Learning have empowered our lives to a large extent. The number of advancements made in this space has revolutionized our society and continue making society a better place to live in.In terms of perception, both Artificial Intelligence and Machine Learning are often used in the same context which leads to confusion. AI is the concept in which machine makes smart decisions whereas Machine Learning is a sub-field of AI which makes decisions while learning patterns from the input data. In this blog, we would dissect ... Read More

Feed: Actian. Author: Pradeep Bhanot.  “Would you like fries with that?”If you’ve ever ordered a sandwich at a fast food restaurant, then you’ve likely heard these words, but have you stopped to consider why fast food chains train their employees to ask this question? It’s because of what’s called “market basket analysis,” a technique based on the theory that if you buy a certain group of items, you are more (or less) likely to buy another group of items. Market basket analysis is the key to cross-selling. It works by looking for combinations of items that occur frequently in transactions ... Read More

Feed: All Oracle Press Releases. Farmatodo, a leading Venezuelan self-service chain of pharmacies, has specialized in providing medicine, personal care, beauty and baby products to help consumers care for themselves and their families for more than 100 years. Through a seamless shopping experience, the company offers approximately 8000 products in more than 200 stores and online in Venezuela and Colombia. With Oracle Retail, Farmatodo has established a framework to expand into new countries, deploy new stores faster, and gained the agility to serve in-store shoppers better with a modern point of service (POS) system. In addition, this new technology will ... Read More

Feed: Big Data Made Simple. Author: Guest. Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. FICO surveyed 50 executives from financial institutions across the region at the annual FICO Asia Pacific Fraud Forum held in Bali, Indonesia.Of specific concern are transactions completed when neither the card nor the cardholder is physically present (card-not-present or CNP fraud), as well as cards taken out by criminals under false identities (application fraud). These were identified as the two key concerns, as well as the biggest fraud ... Read More

Feed: Teradata Blog.  Your fingerprint is unique. With more than 300M people in the United States, no one has the same fingerprint.  Similar to your fingerprint, U.S. Bank realizes that your banking and financial needs and expectations are uniquely yours. Yet too often, banks and finance institutions apply broad brush-strokes to target your perceived needs and wants instead of monitoring the breadcrumbs and signals that customers give every day that infer what they want. Seeking to understand what makes you unique and your journey to improving financial success, U.S. Bank is using AI and ML to predict and deeply personalize the ... Read More

Feed: Featured Blog Posts - Data Science Central. Author: William Vorhies. Summary:  McKinsey says platform companies will represent 30% of global business revenue by next year (2020).  In Part 1 of this article we started to lay out some important lessons learned and examples for you to follow.  Here are the rest.   McKinsey says platform companies will represent 30% of global business revenue by next year (2020).  In Part 1 of this article we started to lay out some important lessons learned and examples for you to follow.  Here are the rest. The goal here is to describe how ... Read More

Feed: Microsoft Azure Blog. Author: Rob Caron. Preview | News & updates | Technical content | Azure shows | Events | Customers, partners, and industries Now in preview Hybrid storage performance comes to Azure When it comes to adding a performance tier between compute and file storage, Avere Systems has led the way with its high-performance caching appliance known as the Avere FXT Edge Filer. Last week at NAB, attendees will got a first look at the new Azure FXT Edge Filer, now with even more performance, memory, SSD, and support for Azure Blob. Since Microsoft’s acquisition of Avere last ... Read More

Feed: AWS Compute Blog. Author: Sandy Carter. We’ve been talking to many customers over the last 3–4 months who are concerned about the total cost of ownership (TCO) for running Microsoft Windows workloads in the cloud.For example, Infor is a global leader in enterprise resource planning (ERP) for manufacturing, healthcare, and retail. They’ve moved thousands of their existing Microsoft SQL Server workloads to Amazon EC2 instances. As a result, they are saving 75% on monthly backup costs. With these tremendous cost savings, Infor can now focus their resources on exponential business growth, with initiatives around AI and optimization. We also ... Read More