How machine learning will affect your business

Machine learning techniques may have been used for years, but recently there has been an explosion in their applications. In fact, in a recent Q3 earnings call, Google CEO Sundar Pichai said "Machine learning is a core, transformative way by which we're re-thinking how we're doing everything." In the past, successful use of machine learning algorithms required bespoke algorithms and huge R&D budgets, but all that is changing. IBM Watson, Microsoft Azure, Amazon and Alibaba all launched turnkey cloud based machine learning SaaS solutions in 2015. At the same time startups like Idibon, MetaMind, Dato and MonkeyLearn have built machine learning products that companies can take advantage of.