The time is now for Machine Learning

The time is now for Machine Learning

20 Nov. 19
191 VIEWS

Have you heard your peers discussing Machine Learning (ML) yet have only a vague idea of what that implies? It is safe to say that you are burnt out on gesturing your way through discussions with collaborators? Let’s change that!

The way toward learning automation starts with perceptions of information, for example, models, direct understanding, or guidance. so as to search for examples in information and settle on better choices later on dependent on the models that we give. The primary aim is to allow the computers to learn automatically without human intervention and adjust actions accordingly. Machine Learning focuses on the development of computer programs that can access data and use it to learn for themselves.

Why Machine Learning?

You may ask why there is such a great amount in the Statistical Analysis System (SAS) report about Machine Learning (ML) now. Why now, when artificial intelligence (AI), the parent technology to machine learning (ML), has been around for more than 50 years? The reason is that there is an extraordinary convergence of large volumes of Big Data, unprecedented computing power, and sophisticated self-learning algorithms taking place. The affordability, viability, and feasibility of these three technologies are the driving forces behind why machine learning (ML) is becoming more and more prevalent today.

Evolution of Machine Learning

One can intuitively surmise machine learning (ML) is the present hot commodity, creating a strong impact on businesses, academia, and government in recent years. Presently, there is information – all in one place – that documents growth across many indicators, including startups, venture capital, job openings, and academic programs.

Because of new computing technologies, machine learning today is not like machine learning of the past. It was born from pattern recognition and the theory that computers can learn without being programmed to perform specific tasks; researchers interested in AI/ML wanted to see if computers could learn from data. The iterative part of AI is significant in light of the fact that as models are presented to new information, they can autonomously adjust. They have gained from past calculations to deliver solid, repeatable choices and results. It’s a science that is not new – but rather one that has increased crisp force.

Why now?

  • World’s data doubling every 2 years.
  • Massive computation is available at a low cost.
  • Ease of use of ML and AI platform
  • New development tools and paradigms
  • Adoption of natural user interfaces
  • Expectations for apps to be intelligent

ML for the business

Investing in Machine Learning will be like investing in mobile a decade ago – it can transform your business.

In the era of technology revolution, Machine Learning is strengthening its roots deep inside the industry. Machine Learning is the next frontier in data analysis. As organizations have access to more data, machine learning enables them to draw insights from the data at scale, at a level of granularity that ranges from single user interaction to worldwide trends and their impact on the planet. The use of those insights can also range from customizing an individual user’s experience at the pixel level to creating new products and business opportunities that don’t currently exist.

Putting it altogether

In parallel with raw computational power, complex new algorithms have been developed to enable data scientists to run models using all the accessible information. Previously models had to be generalized to simplify the analytical process, but machine understanding can now ingest 100% of the data generated by every asset or person. The result is a far higher degree of accuracy that would be achieved with human analysis.

Author

Lets Nurture
Posted by Lets Nurture

Blog A directory of wonderful things

How agile will transform the organization framework?

Innovation is no longer just about new technology, it is about new models of organization. The high tech breakthroughs that do count today are not only about speed and performance …

How do Chatbots benefit Businesses and Marketers? What do your consumers expect from the bots?

According to compounded annual growth rate (CAGR), global chatbot market is projected to account for $1.23 billion by 2025. Tools designed to simplify the interaction between humans and computers have …

Robotics & AI: The Two Integral Parts of the UAE Healthcare Industry

The United Arab Emirates was the first country in the world to have a designated Minister for artificial intelligence, showcasing that the UAE is dedicated to being at the forefront …

UAE Drone Monitoring: Constructions Sites in Abu Dhabi

While drones or unmanned aerial vehicles are nothing new to the mainstream media, they have come a long way in both their technical specifications and their capabilities. Modern drones are …

Blockchain Technology: Opportunities and Challenges in India

Blockchain Technology: Opportunities and Challenges in India While blockchain continues to generate widespread enthusiasm among public bodies, enterprises, and organizations, more mainstream industries are choosing to adopt this new-age and …

How Virtual & Augmented Reality Will Evolve and Impact Society in 10-15 Years

While we are constantly reminded that we have made numerous strides in technology over the last few decades, our actual ability to notice the changes that have occurred, is minimal. …

Predictive Maintenance: The Next Frontier in Manufacturing

In industries where equipment failure is one of the largest causes of downtime, manufacturers must find solutions that prevent lengthy and unplanned downtimes. Why? An unplanned downtime can destroy their …

IoT in Retail – Prospects & Possibilities for Business

The Internet of Things (IoT) in its basic premise, is a network of objects, most commonly physical devices or IoT-enabled physical assets, that are connected to the internet. They can …

Technology adoption in mainstream healthcare- So close yet so far

According to a recent survey, AI powers 59% of clinical decision support in healthcare. It supports 42% in disease management as well. The future of healthcare is looking bright with …

Why you should outsource your Voice-Assisted App Development?

According to Tractica, unique consumer users for virtual digital assistants will grow from more than 390 million worldwide users in 2015 to 1.8 billion users by 2021. For the vast …

Top 3 Fantasy Sports Apps in India

Fantasy Sports Application is nothing but an Android and iOS-based gaming platform. Through this, the fans can make their own teams by choosing the players who they think will perform …

5 Generic Diagnostic Codes & how OBD apps like KarConnect can help you to resolve it?

According to Statista, “Every year the lives of approximately 1.35 million people are cut short as a result of a road traffic crash. Between 20 and 50 million more people …

How IoT industry will revolutionize Sports Equipment Industry?

Internet of things (IoT) technology is changing the world big time. Various IoT solutions have transformed million lives personally, professionally, off the field and now on field too. Yes you …

7 Must Have Features for Your Restaurant App

Olo reports that Restaurant apps for Online food ordering and delivery services have helped restaurants and food businesses increase their basket size by 25%. The purpose of having a tailor-made …

Aspects to Consider When Developing a Mental Health Application

When it comes to modern healthcare, few fields are more in depth, complex, and largely unexplored than that of mental health. Not only are new strides being made in the …

February 2019- A Month Blended with New Beginnings, Opportunities, Success and Celebrations

The month of February always reminds of happiness, love and joy all around due to the days being celebrated, even in the Corporate world. We at Let’s Nurture, also have …

Vitals to Monitor for Your mHealthcare App Development

Due to the advancement of modern technology, patients now have more options than ever, to quickly access inexpensive diagnoses, and in turn, appropriate treatments. One such option, Mobile Health (mHealth) …

10 Fundamentals for Finding the Right Offshore Development Partner

Although it is extremely tempting to want to do everything yourself when running a business, it is just not feasible if you are trying to scale up, trying to reduce …

Pedigree for your Uber for Pets App Development

The birth of Uber brought with it a brand new business model that allowed individuals to call for on-demand transportation at the mere push of a button. The popularity of …

IoT Automotive Solutions Disrupting Car Rental Business

The Internet of Things (IoT) has become an increasingly used buzzword across media platforms, as the growing topic of conversation around it has brought forth major implications to all industrial …

CONTACT US

Have an !dea or need help with your current business?

Trifecta Adatto, 21, ITPL Main Rd, Garudachar Palya, Mahadevapura, Bengaluru, Karnataka 560048

For immediate assistance in sales or support, please call us on:

+1-631-954-6922

loading...
We use cookies to give you tailored experiences on our website.
Okay