Machine learning involves computers discovering how they can perform tasks without being explicitly programmed to do so. It involves computers learning from aggregation and intelligent processing of Big Data to generate insights. It is important to understand business problems before deploying Machine Learning. This is because some business problems are so complex that human intelligence can sometimes fail to see the connection between variables. Machine Learning applications can be useful in any industry. Common business applications include predictive maintenance, customer segmentation and fraud detection. Machine learning is a growing trend which will shape the technological and business landscape, as well as define business strategy over the coming years.
Click here to listen to a BBC podcast on this important trend.
I-MORAN consultancy