One of the most challenging aspects of the retail process is the collaboration between retailers and their suppliers or vendors. No matter how prepared a retailer can be they are still dependant on the vendor to provide the expected service. (and vice-versa) Furthermore, vendors are constantly offering retailers deals on shipments (quantity discounts, prepacks etc.) but how...
The Cross Industry Standard Process for Data Mining (CRISP-DM) is the leading published methodology for Data Mining (DM), and by extension, Predictive Analytics (PA). I use it routinely as I lead PA projects and when I...
This BeyeNETWORK spotlight features Ron Powell's interview with Eric Siegel, founder of Predictive Analytics World and author of Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die...
While writing my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, a certain well-known book strongly influenced me to make the science accessible, relevant, and even entertaining: Freakonomics: A...
Technology: complex and alienating, or promising and fascinating?...
It's like an irritating fly buzzing around your head – "Big Data". Do I have to hear the term one more time? As a Data Scientist who interacts with hard data problems on a daily basis, the...
We’ve already discussed why predictive analytics works so well in the retail industry. In order to illustrate a more pragmatic example of the kind of complex challenges predictive analytics technology helps retailer solve, we look at...
A 2012 Gartner survey of over 1300 IT managers and business users already use or plan to use cloud-based or SaaS (Software as a Service) products in the next twelve months. Cloud-based computing is still...
In anticipation of their upcoming conference presentation at Predictive Analytics World Boston, "Shaping Sales Strategy with Predictive Analytics," we asked Philip O'Brien - MIS and Portfolio Manager and Tom Kern – Risk Modeling Analyst at Paychex -...
In anticipation of his upcoming conference presentation at Predictive Analytics World Boston, "How Predictive Analytics Can Drive Marketing Strategy," we asked Vikash Singh, Director, Marketing Analytics at AutoNation, a few questions about his work in predictive analytics....
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