Recommender systems represent an important area of data science and can be a great source of value creation. Most of us are already familiar with recommendation engines through the product…
What is a recommender system? A recommender system is a broad term for the infrastructure providing a personalized recommendation based on input data. Any online service that makes personalized recommendations…
Market basket analysis – or product recommendation – is where you take inventory and point-of-sale data to predict which combinations of products will sell the best. With a clean sales…