November 29, 2016
Can machine learning solve your business problem? - Harvard Business Review explores
If you have been hearing a lot about machine learning, but are still wondering how it can solve your business problems, it is worth reading the latest machine learning article from Harvard Business Review.
The article explores the difference between problems that benefit from automation. Machine learning is identified as bringing the most benefit to problem-solving when processes require automation combined with learning.
The problems that benefit the most from machine learning are those which require prediction of outcomes from complex datasets. At Featurespace, we have been applying this principle to solving the problem of detecting anomalies in human behaviour to spot and block fraud, with the machine learning, real time ARIC platform.
For a strong introduction to the principles of problem-solving with machine learning, read the full article on Harvard Business Review.