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Avinash Udaykumar's Blog (2)

Questions to ask while implementing Anomaly detection system

A.I. based automated Anomaly detection system is gaining popularity nowadays due to the increase in data generated from various devices and the increase in ever evolving sophisticated threats from hackers etc. Anomaly detection systems can be applied across various business scenarios like monitoring financial transactions of a fintech company, highlighting fraudulent activities in a network, e-commerce price glitches among millions of products, and so on. Anomaly detection system can work…

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Added by Avinash Udaykumar on May 27, 2019 at 2:30am — No Comments

How to use anomaly detection to seal revenue leakages due to price errors

Price errors and their impact:



Price errors are one of the ways in which revenue leakage occurs in e-commerce business. Although retailers put various checks and balances in place, pricing errors are still common. Data entry mistakes, misplaced decimal points, reversal of digits, and other clerical errors made in hurry are the major contributors. It can also occur because errors in feeding promotional offer dates. Promotions might unintendedly start early or end late. Such revenue…

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Added by Avinash Udaykumar on March 26, 2019 at 7:57pm — No Comments

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