Retail
Regardless of the location of a person, online shopping is becoming an integral part of daily life.
Several major factors influence the ranking of an online store, such as customer loyalty, pricing, product return policies etc.
Key challenges faced by the retail industry are systematic tracking of each individual commodity, identifying consumption habits, keeping up with competition and evolving customer expectations. Finding ways to efficiently utilize large data to make informed decisions is key. Using the BI tools to deploy analytical models based on large and diversified data have shown to provide solutions to these challenges.