Last updated on September 7th, 2021 at 06:54 am
Artificial Intelligence (AI) technology has been a game-changer for businesses. It has revolutionized how businesses operate and get the work done. Artificial intelligence technology imparts machines with the ability to understand and apply intelligence while processing complex data that would’ve earlier required human aid. Machine learning is a part of Artificial Intelligence technology and entails training machines to process information using large data sets.
Let’s discuss a real-life scenario to understand the functioning of machine learning technology better. Have you ever wondered why the prices keep on fluctuating when you book a Cab using Uber? Well, that’s machine learning technology into action for you.
Dynamic pricing is how the machine learning algorithms leverage buyer’s curiosity, demand, traffic congestions, etc. to regulate the cost and price the fare accordingly. Machine learning is increasingly being deployed by organizations to help with complex real-time data processing.
AI & ML Accessibility
Accessibility has always been a challenge when it comes to adopting AI & ML technology for businesses; cloud solutions have helped paved the way for even smaller businesses to adopt AI & ML technology. Here is a list of few cloud services that is changing the way businesses adapt to AI & ML solutions.
- Amazon Web Services (AWS)
Amazon needs no introduction; it has always been about boosting customer satisfaction and improving business practices. AWS is a cloud solution offering from Amazon that provides a diverse range of machine learning solutions including Amazon SageMaker that simplifies the process of creating, training, and deploying machine learning models to work. Other machine learning-related solutions by AWS includes dynamic pricing models, search recommendations, automated customer service, etc.
- Google Cloud
Google’s cloud solution is second in this list of cloud services that have made machine learning more accessible for companies. After the development of an open-source platform named TensorFlow, Google has achieved new heights in the AI & ML arena. In addition to its indigenous open-source application, it is also associated with DeepMind, one of the most prominent players in the machine learning space. AlphaGo is a flagship program by DeepMind that has revolutionized the machine learning and AI space.
- Azure by Microsoft
Azure by Microsoft is another prominent name in the list of cloud platforms that have made machine learning more accessible for organizations of all sizes. Azure boasts of in-built machine learning services for organizations that want to leverage machine learning models into their business operations. To make it more easily and user-friendly it has both code-based and drag and drop functions. Azure aims to revolutionize the machine learning space by focusing on building a bias-free responsible machine learning solution.
Conclusion
Machine learning is an indispensable tool for businesses in the contemporary that rely on the use of sophisticated technology to operate and reach new customers. Machine learning career is in huge demand as more and more businesses are leveraging this remarkable technology to grow their business and optimize their operations.
One can opt for a machine learning course from reputed institutions like Imarticus Learning to obtain comprehensive knowledge about this technology and obtain a job with some of the most reputed organizations.
