With time and over
the years, recommendations have become expected and important as an integral
part of the user experience worldwide. From a consumer’s point of view, marketing
interactions could be favorable and useful and even time saving, rather than
just being generic, annoying and out of the context. If you shop from leading
and pioneering vendors and retailers like Amazon or Flipkart or Jabong or Bluefly,
you might think that somehow they have gotten inside our mind while presenting
and showing recommended items relevant to your search results. It is a
consequential improvisation of the conventional psych demographic profiling as
well as targeting of the old world. It has always been a point of discussion how
Mahout can be used to build a recommendation engine with minimal coding and
programming needs. Moreover, it has also been discussed a lot how the machine
learning capabilities and open search potential of Mahout and Apache Solr can
be blended to empower huge scale data driven applications that efficiently combine
real time access with global scale discovery, enhancement and enrichment.
Recommendation
engines are everywhere assisting firms and enterprises all across the world to
provide a kind of ‘artificial intelligence’ to help put down filters through numerous
options to pick handful of selections most apt and authentic for you. For
example, when Netflix advises you movies based on the reviews and your
preferences, after thoroughly searching history of you and zillions of other
subscribers, you are actually benefitting from their recommendation engines. Many
other big internet marketing companies makes use recommendation engines to
boost their online services powered by big data solutions. In fact, for your
record and knowledge, Datameer Company is going to have a seminar on the same specialized
in offering data analytics solutions by making use of Hadoop technology.
Business problems
being targeted and focused – A new suite of business issues were difficult
to think and handle before including customer churn analysis, modeling true
risk, recommendation engines, ad targeting, loyalty pricing, threat analysis, search
quality fine tuning, trade surveillance etc. To address and solve above
mentioned issues, a flexible infrastructure for data warehousing and big data
analytics emerged heading to below mentioned endeavors and support public and
private cloud deployments.
·
Capability to determine structured, unstructured
and transactional data at a single platform
·
Solid state or lower latency in-memory devices for
high chunks of web and real time applications
·
Slice out low cost commodity software, workloads
and distributed processing
Big data recommendation engine for e-commerce retailing is helpful in multiple things. Quite favorable and beneficial in raising average order size by recommending complementary items based on the predictive and foreboding analysis for up selling and cross selling of products, the cross channel analytics cover different attributes like average order value, sales attribution, lifetime value and event analytics cover a vast series of steps induced to a desirable outcome including registration and purchase.
Big data Existing
and Emerging Firms to Watch –
·
Pioneering
Leaders - Few of the leading firms catering big data solutions to medium
and large-sized enterprises all over the world include HP Vertica, IBM, Microsoft,
Teradata, Oracle, Netezza etc.
·
Evolving
Players – Few well known emerging leaders catering big data recommendation
engine solutions include IB Technology, Splunk, Cloudera, Hortonworks, Datameer,
DataStax etc.
All the enterprises are following two distinct approaches
in general, including serving big data solutions in the public cloud or in the
private cloud. It is becoming clear with time that there is going to be a
tremendous and growing push towards an adaptive and flexible infrastructure for
big data, master data management, data warehousing, and data analytics. All in
all, with the increasing and consistent focus on mobility and better decision
making, the businesses are going to push faster and quicker than corporate IT
can ever react and respond.
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