Machine Learning Software in Retail and Consumer Goods

Machine learning is being used on a large scale in the retail industry. Retail organizations have huge amounts of data, such as everyday transactions, customer information, preferences, product information, and sales. This huge data has to be processed and analyzed for key insights and to enhance and fasten the decision-making process, thus helping organizations to outline strategies for new product development and revenue optimization. Marketing campaigns and promotions are planned according to the customers and industry trends. With the help of machine learning algorithms, the retailer can predict the data to renew pricing decisions to match the interest of customers. Retailers are capable of adjusting their value chain adequately, which eventually permits them to deliver the right margins. The retail sector uses machine learning, majorly for inventory planning, recommendation engines, upsells and cross channel marketing, segmentation and targeting, and others (customer ROI and lifetime value and customization management).

TOP VENDORS
In Machine Learning Software

  1. 6SENSE
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  2. AGILONE
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  3. ALPINE DATA LABS
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Machine Learning Software in Retail and Consumer Goods Quadrant

Comparing [object Object] vendors in Machine Learning Software across 115 criteria.

Find the best Machine Learning Software solution for your business, using ratings and reviews from buyers, analysts, vendors and industry experts

EVALUATION CRITERIA

Below criteria are most commonly used for comparing Machine Learning Software tools.
Product Maturity
Company Maturity
Most IMPORTANT
0.0
0.0
0.0
Breadth and Depth of Product Offerings
3.65
3.20
3.45
Product Features and Functionality
4.35
4.30
3.65
Focus on Product Innovation
2.90
2.75
3.30
Product Differentiation and Impact on Customer Value
3.60
3.00
3.00
Product Quality and Reliability
3.85
3.70
3.45
LEAST IMPORTANT LESS IMPORTANT

TOP VENDORS

  • BUYERS
    VENDORS
    EXPERTS
    2.1
    ANALYSTS
     
    • Enterprise
    • San Francisco, California, US
    • Founded: 2010
    • $5BN to $10BN
    • 51 to 100
  • BUYERS
    VENDORS
    EXPERTS
    2.2
    ANALYSTS
     
    • Startup
    • New York, US
    • Founded: 2013
    • $11MN to $50MN
    • 101 to 500
  • BUYERS
    VENDORS
    EXPERTS
    2.5
    ANALYSTS
     
    • Enterprise
    • Texas, US
    • Founded: 1984
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • BUYERS
    VENDORS
    EXPERTS
    2.0
    ANALYSTS
     
    • Startup
    • California, US
    • Founded: 2013
    • Below $10 MN
    • 101 to 500
  • The major business functions where the company uses AI and machine learning are financial crimes, marketing, cybersecurity, customer management, threat detection, and strategic planning. FICO has more than 130 patents in analytics and decision management technology, including 70 in AI.

    BUYERS
    VENDORS
    EXPERTS
    2.6
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1956
    • $500MN to $1BN
    • 1,001 to 5,000
  • BUYERS
    VENDORS
    EXPERTS
    2.0
    ANALYSTS
     
    • Enterprise
    • San Mateo, California, United States
    • Founded: 2000
    • 1,001 to 5,000
  • With Sparkling Water, users can drive computation from Scala/R/Python and utilize the H2O Flow UI. Recently, the company introduced Driverless AI, which helps to prepare data, calibrate parameters, and determine the optimal algorithms for tackling specific business problems with machine learning. Furthermore, it automates feature engineering, the process by which key variables are selected to build a model.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • Enterprise
    • 501 to 1,000
  • It also helps to anticipate customer and business needs more accurately. IBM Watson machine learning service helps enterprises to use their data to create, train, and deploy self-learning models. IBM data science experience is a cloudbased, social workspace that helps data professionals to consolidate, create, and collaborate across multiple open sources tools, such as R and Python.

    BUYERS
    VENDORS
    EXPERTS
    3.7
    ANALYSTS
     
    • Enterprise
    • New York, US
    • Founded: 1911
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • Built on a hardware foundation that includes computing, memory, storage, and network, these platforms include an optimized, scalable software stack for predictive analytics.

    BUYERS
    VENDORS
    EXPERTS
    2.3
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1968
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • BUYERS
    VENDORS
    EXPERTS
    2.2
    ANALYSTS
     
    • Startup
    • Zurich, Switzerland
    • Founded: 2008
    • Below $10 MN
    • 1 to 50
  • BUYERS
    VENDORS
    EXPERTS
    1.5
    ANALYSTS
     
    • Startup
    • CAMBRIDGE, Massachusetts, US
    • Founded: 2010
    • Below $10 MN
    • 51 to 100
  • Azure Machine Learning is a fully managed service for advanced analytics in the cloud. It enables enterprises to build advanced analytic web services quickly and eradicate much of the heavy lifting associated with deploying machine learning in modern data-driven applications.

    BUYERS
    VENDORS
    EXPERTS
    3.3
    ANALYSTS
     
    • Enterprise
    • Washington, US
    • Founded: 1975
    • 1,00,001 to 5,00,000
  • BUYERS
    VENDORS
    EXPERTS
    2.6
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1977
    • S10BN to $50BN
    • 1,00,001 to 5,00,000
  • BUYERS
    VENDORS
    EXPERTS
    2.2
    ANALYSTS
     
    • Startup
    • Massachusetts, US
    • Founded: 2006
    • Below $10 MN
    • 51 to 100
  • Its major features are automated model tuning, powerful data manipulation and management, flexible web-based programming environment, integrated text analytics, model assessment and scoring, and modern statistical, data mining, and machine-learning techniques.

    BUYERS
    VENDORS
    EXPERTS
    3.5
    ANALYSTS
     
    • Enterprise
    • North Carolina, US
    • Founded: 1976
    • $1BN to $5BN
    • 10,001 to 15,000
  • BUYERS
    VENDORS
    EXPERTS
    1.9
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1979
    • $1BN to $5BN
    • 10,001 to 15,000
  • BUYERS
    VENDORS
    EXPERTS
    2.0
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1997
    • $500MN to $1BN
    • 1,001 to 5,000

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