• Machine Learning Trends Impacting Business

    7 min lesen

    August 24, 2023

    Inhaltsverzeichnis

    Like many other groundbreaking technologies, machine learning was once considered science fiction. However, recent advancements in machine learning have made many tasks more feasible, efficient, and precise than ever in 2022. Machine learning, driven by data science, simplifies our lives by automating functions that, when properly trained, can outperform humans in speed and accuracy. To operate at peak efficiency, businesses must first understand ML technology’s capabilities and latest advancements. Here are the key machine-learning trends that will impact the business world:

     

    Trend #1: No-Code Machine Learning

     

    Although much of machine learning is still executed and configured using computer code, this is no longer always the case. No-code machine learning is a method for developing ML applications without going through the time-consuming processes of data preprocessing, model creation, algorithm development, data collection, retraining, deployment, and more. No-code algorithms are the best option for smaller businesses that cannot afford a dedicated data science team. Despite its limitations, no-code machine learning is an excellent choice for analysing data and making predictions over time without requiring extensive development efforts or specialised expertise.

     

    Trend #2: Machine Learning Operationalization Management (MLOps)

     

    MLOps (Machine Learning Operationalization Management) is an approach to developing machine learning software focusing on reliability and efficiency. It provides a unique framework for improving ML solution development, making it more practical for businesses. While ML and AI can be built using standard software development methodologies, their distinct characteristics often require a different approach.

    MLOps introduces a unified system for developing and deploying machine learning models within a single process. One of its key components is the system lifecycle, a concept derived from the DevOps discipline. One significant advantage of MLOps is its scalability, making it suitable for large-scale implementations. However, challenges such as limited data science teams, communication gaps between departments, shifting business goals, and other factors make scaling ML operations complex.

     

    Trend #3: Generative Adversarial Networks (GANs)

     

    GAN technology is a method for developing more advanced solutions in areas like distinguishing between different types of images. Generative neural networks create patterns verified by discriminative neural networks that filter out unnecessary or irrelevant generated content. These discriminative neural networks enhance accuracy and reliability like regulators, ensuring a system’s checks and balances.

    It’s important to note that a discriminative model cannot classify categories it hasn’t been trained on – it can only use conditional probabilities to differentiate between known categories. On the other hand, generative models focus on identifying these groups and determining their probability distributions.

    This technique is beneficial for image recognition tasks. With GANs, businesses can efficiently perform operations such as image filtering, searching for similar images, and more.

    Trend #4: Full-Stack Deep Learning

     

    The widespread adoption of deep learning frameworks and the growing need for businesses to integrate deep learning solutions into their products has increased demand for Full-Stack Deep Learning.

    So, what exactly is Full-Stack Deep Learning, and how does it work? Imagine a team of highly skilled deep learning engineers who have developed an advanced deep learning model. However, this model was built using a limited dataset and isn’t fully connected to the real-world environment where users interact with it.

    The demand for comprehensive deep learning solutions has led to the developing of new libraries and frameworks designed to automate deployment processes and training courses that help engineers quickly adapt to changing business needs. Full-Stack Deep Learning enables organisations to bridge the gap between AI research and practical application, ensuring deep learning models are developed, seamlessly deployed, and maintained in real-world business environments.

     

    ABOUT THE AUTHOR

    Anna Kotsyk

    Sales