Student seminar
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Master thesis presentation Dan Johansson, MPCAS

Title of master thesis: Data driven E-commerce decision making

Password Zoom: 713001

Overview

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Abstract: This thesis explores the potential of data-driven decision-making and machine learning inferences within an e-commerce context, focusing on sales and campaign performance modeling at Viskan Systems. The research initiates by dissecting a existing database structure, identifying significant potentials for implementing machine learning methodologies despite encountering systemic data management challenges. These challenges include issues with overwriting campaign instances and handling campaign parameters, which could impede accurate data analysis and modeling. The study implements and evaluates two distinct machine learning models: XG-Boost and NeuralProphet. The XGBoost model reveals limitations in handling the wide variance in sales data, leading to a general trend of overestimation in smaller campaigns and underestimation in larger ones. The NeuralProphet model, employed for time series forecasting, shows a hierarchical structure in model performance, with the meta model yielding the most accurate results. Despite their limitations, these models highlight the feasibility of advanced data analytics in enhancing decision-making processes for Viskan Systems and its customers. The thesis concludes by recommending strategic modifications to Viskan Systems’ data infrastructure to facilitate the integration of data-driven approaches and machine learning. Such enhancements are deemed essential for the system’s adaptation to sophisticated analytics, ensuring data integrity while improving compatibility emerging technologies.

Examiner: Mats Granath
Supervisor: Dan Bergman
Opponent: Linus Storm