A review on Data Mining for Indian Online Retail Industry

Abstract

Data mining, the technique of extracting hidden information from large databases, is a powerful new technology with great potential to help companies focus on the most important information in their data warehouses. Data mining tools predict future trends and behaviors, allowing businesses to make proactive, knowledge-driven decisions. The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players in the Indian Retail Sector. It increases the need of different knowledge extraction tools which can extract usable information form large data sets. In this paper we have discussed the Overview of an Indian retail sector, the previous study related to the retailing industry. Also the study presents the gaps identified in the previous work.