Retail industry like WalMart are facing problem in decision making due to large amount of data
Problems faced:
Changing customer preferences and trends
Increase in disposable income has caused sudden rise in no of customers
Data is not clustered and is not organized also, there are lot of outliers in the data
Not able to judge perefct setting of products .
Steps taken to solve this issue:
Use of analytics to get the best output from the data.
Data mining and other advance technologies are also being used to solve the problem.
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