Machine learning: Mainstream tools for your business
We’re living in a sea of information, bathing in a firehose of data from across our businesses. We know we need to use it, but the question is how? How can we get value from that information, and at the same time get ready for the faster, bigger, deeper streams that are going to come from tomorrow’s Internet of Things?
While analytics allow us to gain insights from what happened in the past, we need ways of predicting what’s going to happen based on the information we’re getting. Is that customer a fraudster? Will the compressor on a refrigerated delivery truck fail today or next week? Will there be a lot of traffic on my usual route home tonight? What did my colleague in Shanghai say over that Skype call just now?