The evolution of Machine Learning courses in 2022

Reading Time: 4 minutes

Machine Learning is a field of study that involves using data for automating various tasks and improving the efficiency of systems or machines. It is identified as a component of artificial intelligence. Machine Learning algorithms can develop a model based on sample data, called training data for making decisions. These algorithms also help in predicting an outcome without being exclusively dedicated to doing so. Machine Learning algorithms are used in various applications like email filtering, computer vision, and medicine where creating traditional algorithms for performing the required tasks seems challenging. We are here with this IIT AIML course that can help you in taking a huge step closer to your dream career. 

Importance of Machine Learning

The main importance of Machine Learning is that it helps enterprises visualise the patterns of business operation and customer behaviour. It also helps in developing new products. Many reputed companies like Google, Uber, and Facebook have made machine learning an integral part of their operational wing. Machine learning has also become a major differentiating point for several companies with their counterparts. 

What are the Different Types of Machine Learning? 

Conventional machine learning is often determined by how an algorithm achieves higher accuracy in its predictions. There are four major approaches namely, Unsupervised Learning, Supervised Learning, Reinforcement Learning, and Semi-supervised Learning. Data scientists have to choose a suitable algorithm type based on the type of data that they predict. 

  • Unsupervised Learning: This is a type of machine learning involving algorithms that work in unlabelled data. The algorithm scans data sets searching for a useful connection. These algorithms can help in predetermining the output of these predictions.
  • Supervised Learning: In this category, data scientists provide algorithms with determined training data and assess the variables which have to be checked for correlations. Both the input and output of the algorithm are mentioned here.
  • Reinforcement Learning: Data Scientists mostly use this type of machine learning to help a machine learn how to complete a process that involves multiple steps and pre-defined rules. Data scientists create an algorithm to accomplish a task and provide positive or negative prompts on completing a specific task. Mostly, the algorithm on itself can decide what steps must be taken along the way.
  • Semi-supervised Learning: This type of machine learning is a combination of two supervised learning and unsupervised learning. Data scientists mostly feed only labeled training data in algorithms but the model can freely investigate data by itself and create its apprehension of the data set. 

About this Artificial Intelligence and Machine Learning Certification Programme 

corporate leadership

This certificate program in Artificial Intelligence and Machine Learning is one of the best machine learning courses you can go for. There are numerous advantages to enrolling in this program. It has been introduced in partnership with E&ICT Academy IIT Guwahati and industry giants to deliver effective learning to those who want to build a career in Artificial Intelligence and Machine Learning. It is a 9-month long program that prepares you for high-paid job profiles like Machine Learning Engineer, Data Scientist, AI Engineer, and Data Analyst. 

This course can effectively boost your basic concepts and skills in Machine Learning and Artificial Intelligence. Get benefits from our Expert Mentorship service and acquire hands-on experience working with real-world projects. Many realistic projects from different industries have been added to the curriculum to strengthen your knowledge and guide you on how to implement your skills practically. Not just that, but this course can also take you a long way in grabbing profitable career opportunities in all fields related to Machine Learning and Artificial Intelligence. 

Why Should You Enrol in This Programme? 

If you’re interested in Data Science, you need to learn Machine Learning thoroughly as it is an important tool used in data science. However, if you’re still not sure about why you should enrol for this artificial intelligence certification course, here are some major highlights of this program for you: 

  • World-class academic faculty 

By enrolling in this program, you can learn machine learning from top-rated faculty in India as they content group discussions and live online classes. These sessions also help you in improving your basic concepts of Data Science and industry giants will guide you on the practical use of Machine Learning techniques through various projects. 

  • Flexible learning 

The curriculum of this course has been designed based on NEP 2020 and it ensures to give a lot of flexibility for the students. You can transfer the program credits for 1 year. 

  • Acquire job-required skills 

Lastly, this program helps you in acquiring skills that are in great demand and are required by every aspirant of Data Science. 

Conclusion 

That’s all you need to know about our certification program in Machine Learning and Artificial Intelligence. There are so many remarkable aspects of this program that make it highly useful for all those who are willing to build their career in Data Science. This program can only help you in learning the concepts of Machine Learning but it covers all the relevant fields. This, in turn, prepares you for all job opportunities related to the field of Data Science. 

Enabling a Smarter Technology with Machine Learning Courses

Reading Time: 2 minutes

Enabling a Smarter Technology with Machine Learning Courses

Machine learning has become more prevalent in enabling smarter technology in a technology-driven era. Many renowned companies worldwide heavily invest in machine learning technologies for an Artificial Intelligence (AI)-powered manufacturing process.

For instance, AI and machine learning have reduced labor costs and downtime with the industrial IoT. In addition, many companies have experienced better quality control with the advancement in machine learning. 

Today, you can grab many opportunities by polishing your skills in this field. According to O’Reilly’s Machine learning Adoption Survey, job titles related to machine learning are widely used in organizations: data scientist (81%), machine learning engineer (39%), and deep learning engineer (20%). Whether you opt for a post-graduation in machine learning or seek deep learning training, let us become more familiar with the industry. 

5 Ways Machine Learning Courses Help You Enable Smarter Technology

Here are a few examples of machine learning implementations that enable smarter technology.

Product Development

Planning and designing new products and updates usually requires extensive research and information, which can be time-consuming, thereby affecting the final product. In this phase, machine learning is chiefly implemented and helps you yield potential results. 

It helps gather customer data, analyze it to meet customer demands, and find business opportunities. Moreover, machine learning can help execute a flawless evaluation of the risk of developing new products. 

Smart Manufacturing

Another significant impact of machine learning is the daily improvement of processes throughout the manufacturing cycle. This technology has helped manufacturers detect their weak points, such as bottlenecks, unprofitable product methods, etc.

With better data analysis and IoT, manufacturers could develop efficient production methodologies and take an in-depth look into inventory, assets, logistics, and supply chain management. Thus, a data analytics course with placements can help you understand how the analysis works and supports the overall production line.

Quality Control

Machine learning helps improve quality control in two ways. First, it can easily find defects in the final product and packaging. Second, one can use machine learning to increase the quality of the manufacturing process, thereby laying a solid foundation considering the quality aspect. With this automated testing process, manual processes and errors can be avoided, requirements can be predicted, and fast and reliable answers can be obtained.

Cybersecurity

With the increasing cybersecurity concern of the digital world, machine learning has come to the rescue. This is because most apps and devices are dependent on on-premise platforms, operating systems, cloud, networks, and applications. Fortunately, with the Zero Trust Security (ZTS) plan, you can easily regulate and control users’ access to data and information.

Robots

Eventually, companies are using their best machine learning techniques to approach the innovative technology of robots. Robots are quite helpful as they can handle dangerous tasks that humans cannot. With a fast pace of innovation, robots nowadays use their machine learning technologies and capabilities to efficiently tackle complicated and complex processes, quickly surpassing the outdated thresholds. Furthermore, industrial AI-powered robots are more aware of people and surroundings.

Final Thoughts

With excellent solutions and practical applications in today’s world, machine learning plays a crucial role in enabling smarter and better technology. If you are planning to boost your technology career by pursuing machine learning courses, a post-graduation in machine learning can help you.

We at Imarticus Learning provide professional courses that make you industry-ready. Choose from a range of technology, finance, data analytics, and marketing courses that offer top-tier collaborations, qualified faculty, and more! 

Contact us today or visit your nearest training center in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

Hello new world of “Supervised Learning”

Reading Time: 2 minutes

We have entered an era of machine learning called “supervised learning.” In this world, computers can learn from data that humans have labeled. It is a considerable shift from the old world of machine learning, where computers were only able to learn from data pre-programmed by humans.

This new world of machine learning is opening up many possibilities for businesses and organizations that want to harness the power of artificial intelligence. This blog post will discuss supervised learning and how you can improve your business!

A report from Forrester Research predicts that the market for artificial intelligence will grow $37 billion globally by 2025. Advancements are driving this growth in supervised learning algorithms and the increasing amounts of data available to train machines.

An overview of supervised learning

Supervised learning allows computers to learn from data that humans have labeled. Supervised learning aims to accurately train the computer to predict the desired results for new input data.

Supervised learning algorithms operate by finding a mathematical function that best fits the training data. Using this function to predict the desired outputs for new input data. The process of finding this mathematical function is known as “training the model.”

There are many different supervised learning algorithms, each with advantages and disadvantages. The most popular supervised learning algorithms include:

  • Linear regression
  • Logistic regression
  • Support for vector machines
  • Decision trees
  • Neural networks

How Can Supervised Learning Be Used to Improve Business?

Supervised learning can improve business in many different ways. Some of the most popular applications of supervised learning include:

  • Improving customer support: It builds chatbots that provide automated customer support.
  • Enhancing marketing campaigns: Supervised learning can improve marketing campaigns’ targeting by building models that predict which customers are most likely to respond positively to a given offer.
  • Optimizing supply chains: Supervised learning can build models that predict product demand and optimize supply chains accordingly.
  • Improving fraud detection: Supervised learning builds models that detect fraudulent activity such as credit card fraud or insurance fraud.
  • Enhancing security: Supervised learning can build models that identify unusual behavior patterns that indicate security threats.
  • Predicting consumer behavior: Supervised learning builds models that predict how consumers are likely to behave in the future. You can use it to optimize product offerings and marketing campaigns.

The possibilities for using supervised learning to improve business are endless!

Discover AIML certification with Imarticus Learning

This Machine Learning certification course provides students a solid foundation in data science’s day-to-day applications by teaching them how to apply these skills to real-world issues. This training is for graduates and early career professionals who want to advance their fields in Data Science and Analytics, one of the most in-demand skill sets. 

best artificial intelligence courses by E&ICT Academy, IIT GuwahatiCourse Benefit For Learner: 

  • Students can now learn Machine Learning by participating in 25 real-world projects and case studies with industry partners to learn practical machine learning skills. 
  • Students learn how to apply machine learning to solve data-intensive problems. This course will teach students about data analytics and basic machine learning concepts, as well as some of today’s most popular tools. 
  •  Impress employers and showcase skills with the IIT AI course recognized by India’s prestigious academic collaborations.

Tips and tricks in AI/ML with python to avoid data leakage

Reading Time: 3 minutes

Data science has emerged as an essential field of work and study in recent times. Thus, a machine learning course can help interested candidates learn more and land lucrative jobs. However, it is also essential to protect data to ensure proper automation.

Now, beginner courses in machine learning and artificial intelligence only teach students to split data or feed the relevant training data to the classifier. But Imarticus Learning’s AI/ML program helps gain the necessary in-depth knowledge. 

Best Ways to Avoid Data Leakage when Using AI/ML with Python

A Python certification from a reputable institute can help one gain proper insight and learn the tricks of using AI or ML with Python. This will enable interested candidates to know about real-world data processing and help them prevent data leakage.

Following are some tips that advanced courses like an artificial intelligence course by E&ICT Academy, IIT Guwahati will teach students. 

  • No Data Preprocessing Before Train-Test Split

There will be a preprocessing method fitted on the complete dataset at times. But one should not use it before the train-test split. If this method transforms the train or test data, it can cause some problems. This will happen because the information obtained from the train set will move on to the test set after data preprocessing. 

  • Use Transform on Train and Test Sets

It is essential to understand where one can use Transform and where one needs to use fit_transform. While one can use Transform on both the train set and the test set, fit_transform cannot be used for a test set. Therefore, it is wise to choose to Transform for a test set and fit_transform for a train set. 

  • Use Pickle and Joblib Methods

The Python Pickle module serializes and deserializes an object structure. However, the Pickle module may not work if the structure is extensive with several numpy arrays. This is when one needs to use the Joblib method. The Joblib tools help to implement lightweight pipelining and transparent disk-caching. 

Following are a few more tricks that help in automation and accurate data analytics when using AI/ML with Python.

  • Utilize MAE score when working on any categorical data. It will help determine the algorithms’ efficiency as the most efficient one will have the lowest case score. 
  • Utilize available heat maps to understand which features can lead to leakage. 
  • When using a Support Vector Machine (SVM), it is crucial to scale the data and ensure that the kernel cache size is adequate. One can regularise and use shrinking parameters to avoid extended training times. 
  • With K-Means and K-Nearest Neighbour algorithms, one should use a good search engine and base all data points on similarities. The K-value should be chosen through the Elbow method, and it should be relevant. 

Learn AI/ML with Python 

A Python certification will be beneficial for those who wish to pursue a career in data science and analytics. However, it is best to choose a course that will offer advanced training. Imarticus Learning’s Certification in Artificial Intelligence & Machine Learning includes various recent and relevant topics. Apart from using AI/ML with Python, students will also get to work on business projects and use AI Deep Learning methods.

The course curriculum is industry-oriented and developed by IIT Guwahati and the E&ICT Academy. Students can interact with industry leaders, build their skills in AI and Ml through this machine learning course. This course is ideal for understanding the real-world challenges in data science and how AI/ML with Python can help provide solutions. 

The IIT artificial intelligence course from Imarticus Learning helps students become data scientists who excel in their fields of interest. The course offers holistic education in data science through live lectures and real business projects. It is therefore crucial for a rewarding job in the industry. 

Steps to create a dashboard in Tableau

Reading Time: 3 minutes

If you are having trouble with the excel sheets and finding it hard to create complex formulas to deal with the data, the Data Visualisation tools such as Tableau are here for the rescue! It can help use unmanageable data into beautifully crafted interactive dashboards. Those who have Tableau certification are hot properties in the Data Analysis and Data Science fields. 

Tableau is easy to use, works faster, and is also easy to set up. The tool is available in both paid and free versions. Knowing how to operate this will be an added advantage while doing any Artificial Intelligence and Machine Learning course

Getting this software and creating a dashboard is required to get a simplified version of the raw data that you are dealing with. SO, here are the steps to create a dashboard in tableau. 

Step #1 Creating a dashboard

Download and install the Tableau software to start the process. Once it is set up, open it and click on the ‘New Dashboard’ button to create a fresh one. Give an appropriate name to this dashboard so that it is easy to identify.

Step #2 Adding sheets to the board

The next step is to bring in the excel sheets with the data that you need to work on. Drag the required sheet onto the dashboard space. Alternatively, you can also select the most relevant data from a sheet, instead of the whole sheet. 

Step #3 Add additional sheet(s)

Tableau dashboard allows adding as many sheets as required for the data analysis. The additional sheets may be added in the relevant space and can process the data on all or selected sheets, as required.  

Step #4 Customization

The next step is where you customize or filter the data as per the requirement to create an interactive dashboard. Choosing layouts, adding images or texts, navigation to move from one data to another set, etc can be done at this stage. 

Step #5 View and share the data

Once all the customization is complete, view the data in full-screen mode and see if any changes are needed. Once satisfied, you can share the dashboard with others for review and discussion. 

Why is Tableau important?

Tableau is a data simplifying tool that helps manage a vast data resource. It can easily blend with AI to make faster and smarter decisions regarding the data. It also assists in integrating the data to work directly with various models of Machine Learning. Having a Tableau certification will be an asset, especially one pursuing an IIT Artificial Intelligence course or an Artificial Intelligence and Machine Learning course. Integrating the results of data interpretation decisions made using AI and ML into visualized data using Tableau helps people understand it better. 

best artificial intelligence courses by E&ICT Academy, IIT GuwahatiTableau opens a way for qualifying and quantifying the data while also identifying any particular pattern with the missing data. It is one of the robust tools that is required while implementing the machine learning models or solutions so that the business side can also understand and visualize the analysis or predictions. 

Conclusion

While the top-rated Artificial Intelligence course by E&ICT Academy, IIT Guwahati can develop a qualified and faster data analyst, the Tableau tool helps them be smarter. The drag and drop spaces on the Tableau dashboard allow you to investigate and relate the data with the intended outcome. It can work with multiple external data resources, not just the excel sheets. In other words, a single dashboard can combine data from various sources. Here, the visualization is possible with the help of charts, graphs, maps, tables, and some advanced methods.   

best Artificial Intelligence courses by E&ICT Academy, IIT Guwahati

How digitization through artificial intelligence and machine learning technologies has gained momentum post COVID-19?

Reading Time: 3 minutes

In just a few months, the COVID-19 pandemic has managed to do what normal times would have taken years to achieve – a paradigm shift in the way companies in every industry and sector do business. Artificial intelligence and machine learning have been at the forefront during these challenging times. 

As the world gradually finds its way back to usual ways of life, it is interesting to see how the global crisis has paved the way for behavioral shifts, learning, and innovation. 

AI and ML in the Post-Covid-19 World

With the acceleration of digitization through Artificial Intelligence (AI) and Machine Learning (ML), digital sales have seen a boost, and businesses have focused their tech investments on cloud-based products and services. From online grocery stores and EdTech sites to online pharmacies and OTT players, the post-COVID-19 world looks very different through the AI and ML lens.

So, here are some examples to show how AI and ML technologies have gained momentum post-COVID-19:

  • AI and ML have been impacting the healthcare industry since long before the pandemic hit. AI algorithms have and continue to help in quickly sifting through large datasets to help identify similar diseases and their possible cures to accelerate the COVID-19 research work. 
  • AI and automation technology have also eased the healthcare sector’s administrative load by automating various processes. For example, data processing algorithms to extract data from internal systems and automatically generate medical reports and necessary audit trails have gained momentum post-pandemic. 
  • Also, advancements in ML will continue to help create new revenue streams. For example, scientists, drug researchers, and pharma companies are increasingly turning to AI and ML data processing algorithms to facilitate vaccine and drug discovery and their possible impacts on people. 
  • Lockdowns and social distancing norms have boosted online markets and the digital economy. However, even when the pandemic is gradually ebbing, customers are expected to continue using doorstep services as they did during the peak crisis. Hence, technologies like Augmented Reality (AR) and Virtual Reality (VR) have increased among eCommerce platforms to deliver a better customer experience. 
  • Talking about customer experience, the online retail industry has ramped up its use of AI chatbots and smart assistants to attend to the ever-increasing numbers of digital customers. Hence, the use of AI has helped streamline digital services, online ordering, and delivery systems. 
  • The pandemic has given rise to a digital workforce. To this end, the use of AI to quickly process applications, scan for eligibility and qualifications and perform other mandatory hiring checks has become the norm and is only expected to increase in the near future. 
  • The financial sector has also seen a dramatic rise in the use of AI and automation to serve its customers better and quicker during challenging times. For instance, banks leverage AI to help customers safely upload documents, categorize them and expedite processes without any delay. 
  • Lastly, greater digitization has also increased the risks of cybersecurity threats during the pandemic. While conventional cybersecurity risk management systems have failed to keep up with evolving cyber threats, AI offers innovative defenses. The pandemic has only nudged organizations to adopt holistic approaches to cybersecurity through AI and ML and create an integrated security system. 

How to Find the Best Artificial Intelligence Course?

If you want to learn AI and get a certification in AI and ML, opting for an online course can be the best call. But before you sign up for the course, ensure that it offers hands-on experience with real-world projects and has a curriculum with extensive coverage of concepts related to machine learning, NLP, deep learning, data science, and computer vision. 

Here’s how you can improve customer service for mid-market and enterprise businesses with artificial intelligence and machine learning

Reading Time: 2 minutes

Customers are the reason for businesses to drive! Whether it’s a small, medium, or an established business, it holds equal importance for all. A customer would like to take services from a company that provides easy access to the platform, understand their needs, is quickly responsive, and resolve the queries optimally.

Technology has a way of making life easier. This is especially true for businesses, which can save time and money by utilizing machine learning and artificial intelligence to analyze customer data to provide better service.

In this blog, we’ll understand a few important ways businesses use AI and Machine Learning for improved customer service. So, let’s get started:

How AI and Machine Learning Contributes to Enhance Customer Service

AI and Machine learning is used in the following areas to enrich customer experience.

  • Customer service interaction
  • Enhancing returns
  • Troubleshooting problems
  • Uses of Website
  • Messaging
  • Customized offerings

Following are the ways used to enhance customers’ experience using AI and machine learning.

1. Chatbot – For Faster and Efficient Assistance: 

The chatbot is one of the most used AI applications by business enterprises. It understands human communication in an accurate context and provides relevant answers to the questions. With the chatbot, you can avail the following benefits:

  • Help businesses to gain insights about user’s requirement
  • Reduces customer’s wait time and get them where they want to be quicker
  • Available for 24 by 7 and provide basic customer support

2. Eliminate Language Barrier to Improve Customer Engagement 

With AI, an enterprise can overcome barriers to doing business with an audience that speaks different languages. Language analysis tool enables office associates to extract main information from the customer feedback and, based on that, adapt their communication.

Language analysis is an important asset to improve the call center experience. With it, the executive can detect if the customer they’re talking to is happy or unhappy and adjust their tone accordingly.

3. Machine Learning Algorithm – Better Understanding of Customer’s Need 

Machine learning offers businesses to get to know more about their customers. Relying on a machine learning solution helps businesses organize daily support requests, answer common inquiries, completely understand a customer’s requirement, and provide a faster solution.

4. Predictive Analytics

Analytics refers to the effort to analyze the data, and it’s crucial for marketing a product. Predictive analytics, with the help of AI tool, analyses past data and predict future outcomes.

 Take Your Career to Next Level with Imarticus Learning 

Imarticus Learning offers the certification in Artificial Intelligence course that the industry’s best leaders have designed to provide a quality learning experience.

The artificial intelligence course will take 9 months to give you a holistic learning experience. Choosing this course will unlock the lucrative creative opportunities in the coveted field of AI.

Our Artificial Intelligence and Machine Learning Course USPs:

  • Master the skills of Machine Learning and Artificial Intelligence through the most relevant curriculum designed by E&ICT Academy, IIT Guwahati, and leaders from the industry.
  • An opportunity to get educated about what new-age AI & ML engineers do by solving real-time problems in their job. Engage in a world-class education program while mastering practical application.

What Are the Algorithms in Machine Learning? How Does It Work?

Reading Time: 2 minutes

Machine learning is a vast field comprising of various data related operations such as analysis, prediction, decision making and much more. These applications require a set of well-defined steps to proceed with the idea designed for model construction. A set of well-defined instructions that produces some output or accomplishes a particular task is called an algorithm. The machine learning algorithms are broadly classified into 3 categories – Supervised, Unsupervised and Reinforcement Learning.

To choose an appropriate algorithm in machine learning, identifying the kind of problem is very necessary as each of these algorithms obeys a different plan of attack to deal with the proposed problem. Supervised learning uses an approach where the output is already known to the user or the individual while unsupervised learning concentrates on the concept of similarity in properties of the objects. Reinforcement learning differs from both of them and uses the art of learning from experiences.

Supervised learning

Supervised learning is used in machine learning tasks such as classification, regression, and analysis. It is considered as a concept that deals with labeled values. This means that the objects are categorized or assigned to different classes based on their properties. The algorithm implementation in supervised learning is done by a two-step procedure namely model construction and model utilization.

Firstly, the given data is cleaned and divided into training and testing sets. The model gains the ability to produce output by learning from the instances contained in the training set. The test set gives a measure of the model performance by producing accuracy. The accuracy indicates the amount or rather the percentage of unseen data that was computed correctly by the applied algorithm.

There are several metrics to determine the performance of the model and improve it if the performance is not up to the mark. This includes performing tasks like cross-validation, parameter tuning, etc. Hence, we can conclude that supervised learning uses labeled classes and target values to classify an unseen data point.

Unsupervised learning

In contrast to the supervised approach that already knows the predicted outcome, unsupervised learning uses the basis of similarity in properties to classify the unseen data points in the given n-dimensional space.

The main idea is to take a data point that is new to the given space, extract the behaviors of the data point, compare it with the already existing properties of the other objects and accordingly classify or categorize them into the appropriate group. The common examples of unsupervised learning are clustering, Apriori and K-means algorithm.

Reinforcement learning

Reinforcement learning is very similar to the animal kingdom where the animals do not train their offspring to perform a particular task but they leave them out in the ecosystem to learn from the experiences that it gains while struggling to accomplish a particular task.

The basic idea of performing reinforcement learning is to let the model learn on its own. It uses a trial and error strategy to gain knowledge from the available environment. According to the experiences gained from the conditions, it is exposed to, appropriate predictions and decisions are made. Markov Decision Process is an example of reinforcement learning.

Conclusion

Because of the wide variety of applications offered by machine learning, there are several Machine learning courses dedicated to offering the training in machine learning algorithms so that an individual can recognize the problem efficiently and work towards building an appropriate solution. Learning and understanding of machine learning algorithms are very easy. It just needs a proper classification of the interest in performing the desired operation.

What Is Distributed Computing Training in Machine Learning?

Reading Time: 2 minutes

The traditional machine learning approaches rely on using open-source tools for data analysis and prediction making. This approach does not work out well when the data is large. The RAM on the system gets damaged when large files like these are involved. We need to use an approach that not only helps us build the machine learning models successful but also ensures that the system is not burdened or damaged while an operation is being performed. Hence, we need to learn Distributed Computing in Machine Learning.

What is distributed computing?

An approach to improve the system performance, resolve scalability issues and increase the system efficiency by dividing the task being performed on a single machine to different systems is called distributed computing.

Distributed computing has many applications such as the world wide web, global financial systems, machine learning and much more. Here we concentrate basically on the concepts of Machine Learning Training with distributed computing.

Distributed computing training 

The main purpose of this training in machine learning is to help an individual master the skills in machine learning and resource allocation and management. Distributed computing came up as a technique to resolve the scalability associated with machine learning algorithms. It developed on a massive scale in recent years to provide large-scale operations such as big data analysis efficiently.

When we talk about distributed computing, there are two main approaches:

  1. Horizontal fragmentation- It uses an approach to store the selected portions of the available instance at different sites.
  2. Vertical fragmentation- Storing of the selected attributes of the subsets of the instances comprises of vertical fragmentation.

The data involved in machine learning is very massive if a real-time problem is involved. A situation might be encountered where the machine learning model needs to be trained again and again without disrupting the ongoing parallel task. In this situation, distributed computing serves as a boon by resolving the issues.

The training in distributed computing also highlights the importance of applying these techniques in fields such as medical computing where huge amounts of data are uploaded at every instance of the given time and need to be analyzed for relevant purposes.

Distributed machine learning platforms

Training in distributed computing for machine learning also provides information about the platforms that been developed to do so. Some of these platforms are listed below:

  • H2O- Developed by H2O.ai, H2O is an open-source platform for distributed computing in machine learning with in-memory support. It also provides support for traditional machine learning algorithms and includes AutoML functionalities.
  • TensorFlow- Distributed TensorFlow provides different servers each of which is considered to be a cluster and each process is made to run on an executive search engine.
  • DMTK- It stands for distributed ML toolkit and is developed by Microsoft to provide highly efficient techniques for performing a machine learning task.

Apart from the frameworks mentioned above, there are other frameworks such as Apache Spark Mlib and Apache Mount that assists in the machine learning applications as well.

Conclusion

Most of the problems that we encounter today are voluminous and very hard to process for machine learning tasks. Distributed computing left its footprints in the field of machine learning by solving one of the major issues that are big data handling. It has gained a lot of popularity in recent years because of its high degree of scalability, efficiency, and performance. It has not only helped in performing large-scale computations but has also helped in the optimization of the operating systems. To be accurate, it has revolutionized the world of machine learning training and computations.

How To Build A Credit Scoring Model With Machine Learning?

Reading Time: 3 minutes

Credit bureaus and lending institutions have embraced big data and machine learning to develop credit score models on the basis of which the creditworthiness of a borrower is judged. This has many benefits for the business as they can better assess the risks of offering loans, gauge the repayments and plan accordingly. Businesses today take advantage of the huge volumes of data proliferating nearly every sector to create their own scoring models based on Big data and a long delicate and expert process of executing a machine learning course of algorithms to build their own models.

The trends:

The era of basing decisions solely on credit scores from bureaus are over. Today custom models work better and more accurately since they use data from a number of sources both internal and external to assess creditworthiness. Such data could include supplier information, account data, customer relationship or other market data. More the data the more accurate and efficient the scoring model becomes.

How to create the scoring model:

1. Goal setting:

Clear cut goal setting is important to achieve accurate results in scoring models. The goal needs to be in mine with the needs of business and its scoring model. For example, the goal could be the probability of late repayments of existing loans and dealing with the repercussions. Or, it could be using the data to decide on scoring the financial repayment plans of borrowers and their creditworthiness.

2. Data gathering:

This is a crucial requirement as all assessment is done on the basis of data. With enough data volumes and reliable data, a scoring model is made for the specific goals set. The test model so built can be used to supervise the model which will help in training the model under supervision from domain experts. Beyond this point, you will need to test the model with credible credit score website databases like the Boostcredit101.

3. Building the model:

With both internal data and comparative data in place, the experts can now build your scoring model. The Machine Learning Course procedure is complex and involves a large number of algorithms trained to interpret the data before the final test model is ready for deployment. It goes without saying that the goals of the business owners and the aim of the model builders need to be the same and both would need to contribute to the end goals and success of the scoring model being developed.

4. Validation:

The next phase is to validate the process and ensure the scoring model provides accurate results. Most applications lean on how to predict the late payments of the debtors. The scoring model will use the new data while scoring it against the test results to produce a score between 1 and 100. Higher scores mean fewer defaults and vice versa. These scores are also repeatedly done as changes in financial status, incomes and economic growth can all affect the score.

5. The implementation:

This final phase is where the permanency of the scoring model is tested by the actual implementation. A successful model will remain while the inefficient models get wiped out. Challenger models play the role of checking to see if the scoring model is functioning well or is the challenger is the better model.
The Big Data connection:
A shift from total reliance on credit-bureau data has seen lending banks, institutions, and companies that use credible data buy such data. Data is digital gold and large volumes of big data are needed to train AI on a machine learning course.The cleaning, parsing and making sense of such large volumes of multivariate data is a job for expert data scientists. This data is then used to create the scoring model be it a new or challenger model.
According to data scientists, it is these scoring models with the best ML algorithms that ML can accurately tap all unrelated factors and relationships in the data to provide a better scoring model. Though it is not without problems it is heartening that ML can help the machines self-learn with data and the more data one inputs the better are the results of the scoring model.

Conclusions:

The insights, big data, and ML have helped create scoring models for businesses, lenders, and organizations. While traditional credit bureau reports are also crucial, ML can go further with scoring models helping them add insights and provide newer business points of view. If you are interested in learning more about ML and credit risk scoring you could do a machine learning course at the Imarticus Learning Institute where futuristic technologies are taught and skilled on. Don’t wait too long. Start today!
For more details in brief and further career counseling, you can contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Bangalore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.