Until now, most of the store visitors' predictions are based on human intuition and experience. However, as we enter an era where intuition and experience become less relevant, it is difficult to respond to major changes in social conditions, consumer behavior, as well as the different characteristics of a store such as its surrounding environment and customer base. One of the solutions to this problem is data utilization. By using data to predict the number of visitors and customer segments for a store, accurate decisions can be made in regards to the amount of merchandise ordered, the timing of displays, etc., to maximize sales. However, if the accumulated data is inadequately analyzed, the structure of the data is disjointed and unusable for analysis, or if there is a shortage of data scientists, it becomes impossible to create a highly accurate prediction model. In order to solve these problems, GridDB Cloud and DATAFLUCT cloud terminal. are brought together to create a highly accurate prediction model using in-house and external data. This makes it possible to quickly and easily predict the number of visitors to a store and analyze the purchasing behavior of consumers.
In conjunction with the release of this solution, a white paper (available only in Japanese) which summarizes the results of the proof-of-concept (PoC) has been prepared. The white paper contains information on how this solution can affect store operations, in a form of a case study.
TDSL site: http://resources.griddb.com/whitepaper/pdf/whitepaper-sales-forecast-datafluct-griddb.pdf(182Bytes)
DATAFLUCT site: https://datafluct.com/lp/cloudterminal/topics/whitepaper-sales-forecast-datafluct-griddb.pdf(5.1MB)
In addition, an online seminar about machine learning prediction will be held on
Online Seminar Registration Site: https://datafluct-griddbcloud-0519.peatix.com/
Both companies will continue to provide prediction systems using machine learning in various fields such as power generation prediction and failure detection.
About
About
DATAFLUCT is a data science startup studio that creates new businesses from data and creates value for companies and society with its vision 'turning data into commerce'. DATAFLUCT has a wide range of analytical experience, from satellite imagery to POS data, and can build algorithms across industries, regardless of technology or data. In addition to supporting DX through accumulated knowledge in developing a wide variety of in-house services, DATAFLUCT is also working on new business development that balances business and social contribution, aiming to contribute to the SDGs through data utilization. DATAFLUCT cloud terminal. is a machine learning platform service that allows users to easily, inexpensively, and quickly build models and analyze data using AutoML (automated machine learning) through a simple data upload to the multi-cloud environment such as AWS, Azure, and GCP. Not only that AutoML saves time, it also enables users with minimal knowledge of machine and deep learning to create highly accurate models.
Contact:
E-mail: tdsl-infoweb@ml.toshiba.co.jp
T: +81-44-548-9521
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