From technical expertise to robotics process automation, Machine Learning (ML) technology has paved the way for organizations to make accurate predictions and bring valuable insights into business operations.
ML is a subset of Artificial Intelligence that offers systems the ability to learn and improve from experience and make decisions or predictions devoid of any explicit instruction. It primarily focuses on the development of computer programs that may easily access data and use it to enhance their knowledge.
There’s no denying that ML trend’s mushrooming like wildfire as it has gained significant traction among companies, irrespective of their industry type.
As a matter of fact, “Machine Learning, as per its current growth rate, is expected to be worth around $9 billion globally by 2023”.
Businesses have shifted their focus on how the integration of ML may benefit them by keeping track of new advances in the tech landscape.
Let’s examine the emerging ML trends to watch out in 2020.
- Proper Regulation of Digital Data: Be it a manufacturing sector or an automotive industry, companies are aggressively generating the data at an exponential rate. And in 2020, an enormous amount of data is expected to be released.
But is all data relevant?
To overcome this issue, ML can be efficiently deployed as it can help sort out loads of data by configuring cloud solutions. It helps filters the data as per their relevance and leave scrap data behind.
- Voice Assistants to Enhance Productivity:As per the recent market study, over 111.8 million people use voice assistant for their regular tasks.
Some of the examples of intelligent personal assistants are Google Assistant, Siri, Cortana, and Amazon Alexa.
ML, when coupled with Artificial Intelligence, would help in processing operations with the most accurate prediction or decision. Henceforth, the technology in 2020 and further would help industries to perform complex tasks effortlessly while enhancing the business’s productivity.
- For Exceptional Marketing: Marketing is incredibly important for every business looking to establish its presence in this competitive landscape. But with a multitude of marketing platforms, it becomes daunting for businesses to get the job done.
Adopting ML is significantly effective in marketing your business across the globe. When you incorporate the trend, you can easily mine data and evaluate research data for more business-benefit results.
- Offer Cyber Security Measures: In this tech-driven world, cyberspace has become a major issue.
As reported by Panda Security, more than 220,000 malware samples are created every day by hackers to hamper your company’s networks, programs, computers, and data centres.
Machine Learning technology offers multiple layers of protection by automating significant tasks and detecting cyber-attacks. Furthermore, the technology may take appropriate measures to cybersecurity breaches and mitigate the damage accordingly. It automates responses to cyber-attacks without the need for human intervention.
Final Thoughts
With Machine Learning, industries can easily predict demands and make lucrative decisions while riding on the state-of-the-art ML solutions in 2020. Managing complex tasks while maintaining accuracy is quintessential to the successof your business and Machine Learning can help you do the same.
From technical expertise to robotic process automation, machine learning services are used to get valuable insight into business and make predictions easy.
Artificial intelligence and machine learning came into existence to help you do your job better with the utmost accuracy.
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