Two types of statistical models that are well known in machine learning are Discriminative models and Generative models. Discriminative models […]
Detecting new classes of anomalies when monitoring a high-dimensional data space is known as novelty detection. This is a special […]
There’s a lot of jargon swirling around the retail technology industry, and differentiating terms for the uninitiated can be more […]
While demand forecasts are never perfect, they are an absolute necessity for most retailers. Good forecasting helps to ensure that […]
In one of my previous blogs, I addressed the question on how granular the analyzed data in retail analytics should be. There is a tangible cost resulting from..
With the emergence of big data technologies and the availability of new data sources, one of the main questions concerning analytics is …
Growing retail sales takes intelligence. Keeping close account of how sales are tracking against norms can provide critical insights and help define better sales…