RetailRush - Accuracy, Economy and Ease—At Extreme Speed
You know the value of market basket analysis to boost your product attachment rates and help you respond to shifting market demands. Normalizing product data into something you can easily query also has clear benefits for streamlining procurement, supply chain management, and inventory control. But does getting new analyses designed, tested and deployed take way longer than you think it should?
Does it take days or weeks to make even a minor change and get it into production? Have you been told that you could get the answers faster, but you’d have to pay so much for the hardware that it would eat away the ROI?
What if accurate market basket analysis and product normalization could be delivered in a tenth of the time you’ve come to expect? Without buying more hardware?
Actian offers two ready-to-use analytics models for the retail industry, both based on the Actian RushAnalytics for KNIME easy visual interface, and the Actian DataRush patented high speed parallel execution engine.
Actian RetailRush™ Market Basket Analysis has the potential to maximize revenue and increase profit margins by helping you:
- Create seasonal and localized marketing promotions based on up-to-the-minute models.
- Optimize displays with predictions derived from more data, producing more accurate results for higher lift.
- Respond quickly to market shifts on each individual product without having to wait days or weeks.
RetailRush Product Normalization solution will categorize your products to help:
- Streamline supply chain organization by knowing within minutes where new product descriptions fit.
- Improve inventory management with unified standardized product data.
- Simplify ordering with fast, easy querying.
- Get a jump start on product MDM with fast, automated categorization.
Customizable and Extensible - Both RetailRush solutions can be fully customized to your needs. Without coding!