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Machine learning an artificial intelligenceu2019s application is the study of algorithms and mathematical models that is used by computers to improve their performance on a particular task. Itu2019s wide application based technology is used by various industries like Banking, Finance, healthcare..etc
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What is Machine Learning? Machine Learning is considered a part of Artificial Intelligence in the field of Computer Science. It often uses statistical techniques to give computers the ability to “learn” ( progressively enhance the performance of a particular task) with data, without being specifically programmed. Machine Learning is often related to computational statistics, which also concentrates on prediction -making through the use of computers.
Types Of Machine Learning ML is a subset of Artificial Intelligence (AI). One part of the family of machine learning methods is Deep Learning. This is an approach to Machine Learning and is based on learning data representations (feature learning) instead of on task-specific algorithms. The three kinds of learning in Machine Learning are: Supervised Learning Unsupervised Learning Reinforcement Learning
Applications Of Machine Learning
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Why Machine Learning? • Machine learning can be the key to unlocking the value of corporate and customer data and enacting decisions that keep a company ahead of the competition. • Manufacturing. Predictive maintenance and condition monitoring • Retail. Upselling and cross-channel marketing • Healthcare and life sciences. Disease identification and risk satisfaction • Travel and hospitality. Dynamic pricing • Financial services. Risk analytics and regulation • Energy. Energy demand and supply optimization
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