Case study: Product Recommendation for leading US Retail Chain - Happiest Minds

Improve Product Recommendation System for 25,000+ products across all retail stores (kiosk) and online stores Create Store Clusters based on demographic, weather & location data and create recommendations for each store cluster using Big Data Platform Identify similar products for new items / categories and create cross-sell / up-sell recommendations based on Machine Learning algorithms. Current model cannot recommend products for new items / categories Existing model doesn’t take contextual information Case study BUSINESS REQUIREMENT OUR SOLUTION Sample Use Case Product Recommendation for leading US Retail Chain Data Ingestion Data Processing Big Data and Predictive Analytics Product & Price Recommendations xxxx xxxx xxxx xxxx xxxx Disclaimer : All logos are the property of their respective owners Enhanced Product Recommend System improved Cross Sales from 10% to 12% Algorithms are applicable for web, mobile and stores(kiosks) BUSINESS IMPACT Demographics Social Data Sales & Stock Data Loyalty Data Hadoop Cluster Harmonize Customer and Product Data Clustering Product Association Collaborative Filtering Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart, Secure and Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. For more information visit www.happiestminds.com. Write to us at [email protected] About Us © Happiest Minds Proprietary

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Transcript of Case study: Product Recommendation for leading US Retail Chain - Happiest Minds

Page 1: Case study: Product Recommendation for leading US Retail Chain - Happiest Minds

Improve Product Recommendation System for 25,000+ products across all retail stores (kiosk) and online stores

Create Store Clusters based on demographic, weather & location data and create recommendations for each store cluster using Big Data Platform

Identify similar products for newitems / categories and create cross-sell / up-sell recommendations based on Machine Learning algorithms.

Current model cannot recommend products for new items / categories

Existing model doesn’t take contextual information

Case study

BUSINESS REQUIREMENT

OUR SOLUTION

Sample Use Case

Product Recommendation for leading US Retail Chain

Data Ingestion Data Processing Big Data and Predictive Analytics Product & Price Recommendations

xxxx

Disclaimer : All logos are the property of their respective owners

Enhanced Product Recommend System improved Cross Sales from 10% to 12%

Algorithms are applicable for web, mobile and stores(kiosks)

BUSINESSIMPACT

DemographicsSocialData

Sales& Stock

Data

LoyaltyData

Hadoop Cluster

Harmonize Customerand Product Data

Clustering

Product Association

Collaborative Filtering

Happiest Minds has a sharp focus on enabling Digital Transformation for customers by delivering a Smart, Secure and Connected experience through disruptive technologies: mobility, big data analytics, security, cloud computing, social computing, M2M/IoT, unified communications, etc. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting.Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $52.5 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.

For more information visit www.happiestminds.com. Write to us at [email protected]

About Us