The role of predictive data analytics in retailing

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Abstract

Large information analytics is a new practice in business analytics today. However, later modern overviews locate that huge information investigation may neglect to meet business wants as a result of the absence of business context and cluster arranged framework. In this paper, we present an objective situated large information investigation system for better business choices, which comprises a theoretical model which associates a business side and a major information side, setting data around the information; a case-based assessment technique which empowers to center the best arrangements; a procedure on the best way to utilize the proposed structure; and an associated device which is a constant enormous information examination stage. In this structure, issues against business objectives of the present procedure and answers for the future procedure are expressly estimated in the reasonable model and approved on genuine large information utilizing huge inquiries or enormous information examination. As an exact examination, a shipment choice process is utilized to indicate how the system can bolster better business choices as far as extensive understanding both on business and information investigation, high need and quick choices.

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APA

Shabbir, M. J. S., & Mankar, C. M. (2021). The role of predictive data analytics in retailing. In Lecture Notes on Data Engineering and Communications Technologies (Vol. 53, pp. 153–159). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-981-15-5258-8_16

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