8 Fascinating Applications of Data Science in Retail
By offering fact-based, data-driven insights, data science has emerged as one of the most powerful technologies in the retail industry. Retailers may improve their operations, financial performance, and marketing tactics using data science tools. Retailers today are looking for ways to glean more operational and consumer knowledge from their voluminous datasets, a demand currently met by Data Science solutions. Not only in retail but data science solutions are also being utilized by many other industries including healthcare, DevOps, finance, etc. You can check out the data science course in Bangalore to learn more about these cutting-edge data science and analytics techniques. Uses of Data Science in Retail Here are the potential ways data science is transforming the retail industry: Product assortments based on customer behavior Sales rise as customers purchase additional products in addition to their essential purchases. As a result, retailers can increase merchandisin...