Machine learning, sometimes called computational intelligence, has broken down barriers in recent years and has made significant advances in a number of areas, such as robotics, machine translation, social networking, e-commerce, and even in areas such as medicine and healthcare. Machine Learning is an area of AI with a goal to develop computational techniques on learning as well as the construction of systems capable of acquiring knowledge automatically. A learning system is a computer program that makes decisions based on accumulated experiences through the successful solution of past problems. Despite the short definition, there are numerous different learning algorithms and the area is one of the hottest in the field of computing, with several new techniques and algorithms being published regularly. Many people think machine learning and artificial intelligence mean the same thing, but that's not quite accurate.
Machine learning is a subfield of artificial intelligence (AI). The goal of machine learning generally is to understand the structure of data and fit that data into models that can be understood and utilized by people. Although machine learning is a field within computer science, it differs from traditional computational approaches. In traditional computing, algorithms are sets of explicitly programmed instructions used by computers to calculate or problem solve. Machine learning algorithms instead allow for computers to train on data inputs and use statistical analysis in order to output values that fall within a specific range.
Machine learning is a process where computer algorithms find patterns in data, and then predict probable outcomes of that data. It provides computers with the ability to learn through past data and change when exposed to new data, without additional programming. Machine learning programs build a model from sample inputs and then predict the outputs of those data inputs. Machine learning is a type of artificial intelligence (AI). Artificial Intelligence refers to "smart" machines performing tasks that normally require human intervention, like speech recognition, decision making etc.
Machine learning is a core area under artificial intelligence Machine learning (ML) allow the computer to learn the data and predict without being programmed by human intervention, hare Machine is referred to model and learning refer to input dataset. Although Machine learning technology is not new, it is now growing fresh momentum as there are so many things to know about ML. Today, machine learning is different from what it used to be in the past. In Past days where programmers code a machine how to solve a problem. Now we are in the era of machine learning where machines are automatically trying to solve problems, by their own, by identifying the trends and patterns in each data set and to predict future problems and their solutions.
We are currently working with a client in the FMCG who is trying to unpack better customer segments or "clusters" in order to engage and market to them better. The problem is we are trying to solve is "How might we find customers that allow for better ROI on marketing initiatives?" Imagine however the ability to segment customers in a totally new way? Discover common needs or characteristics not humanly possible or conceivable? What if we allowed artificial intelligence to apply its own way to "segment" or "cluster" segments?