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Vijay Kumar
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  • Bangalore
  • India
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Vijay Kumar's Page

Profile Information

Company:
ICRIER
Seniority:
Consultant
Industry:
Finance
Short Bio:
I am Vijay Kumar Varadi, competed PhD in Economics from Hyderabad Central University. I have worked in various capacities in corporate and decision making institutions. Have an extensive experience in several statistical and machine learning applications related to Predictive Analytic and Data Mining using tools viz., R, SPSS, SAS and MATLAB.
LinkedIn Profile:
http://www.linkedin.com/?trk=hb-0-h-logo
Interests:
Networking, New venture, Other

Vijay Kumar's Blog

Retail Analytics - Practical Issues to be considered

Posted on November 4, 2012 at 12:41am 0 Comments

Initiating the LPG (Liberalization, Privatization, and Globalization) policies, the consumer behaviour is also changed drastically with their preferences and choices of the products available in the market. Consumers are demanding Global Products at Local Markets. Consumer Point of View (40-60% of the total consumer’s of the economy or total population), with available time if he found more products available (all different products at one place), he will ready to pay higher prices. Retail…

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"Common Mistakes in practice" of analytics

Posted on November 2, 2012 at 8:41pm 0 Comments

  1. Ignoring to apply Commonsense and practical knowledge in using analytical tools in providing solutions to the given problem.
  2. The results are highly biased towards models (tools and techniques), but unable to realize the importance of the problem; and its basic sampling techniques.
  3. By Ignoring root causes (i.,e proper investigation, deep analysis of the customized problem), Analytics are providing mid-way solution; which is not adequate.
  4. Analytical…
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