Brain Snack 5
Getting business value out of Time Series ML in Retail
Machine Learning capabilities can help to boost sales by better forecasting product demand, availability or prices. Retail data has a tendency to fluctuate over time making traditional approaches to modelling less suited. Real Time InstantML capabilities are a way of dealing with this variability without the need for continuous involvement of experts. It keeps you forecasting capabilities close to the business thus close to where value can be generated.