Blog: 6 Top Applications of Machine Learning
Isn’t it equal to a miracle that your upcoming actions are being predicted by computers and software? Of course yes! And the charm of this miracle is being spread by one of the thrilling technology that is “Machine learning”.
Machine learning technology does not need to be introduced as it has already made its place in the hearts of the people. But still, for the sake of the beginners, we would like to give a brief introduction to it.
Machine learning is the application of Artificial Intelligence which makes the computers to predict the outcomes automatically without the intervention of human beings.
MACHINE LEARNING ALGORITHMS
Commonly three types of Machine learning algorithms are available:
A supervised Machine Learning algorithm
In Supervised Machine learning, you are having both input and output variable and then the algorithm is used there in order to predict the output variable.
Unsupervised Machine Learning
In unsupervised machine Learning, only input variable is available instead of an output variable. In Unsupervised Machine learning, data is divided into groups in order to get more information.
Whatever the smart actions we are taking today is the offering of this smart technology that is Machine Learning. There is no doubt that we are implementing machine Learning in most of the actions unknowingly.
We don’t even know what activities are under the shadow of Machine learning. We are just making use of it unknowingly. So, the application of Machine learning is being done in various sectors whether it is our personal life or other sectors.
So, let’s focus once various sectors of the applications of Machine learning:
1. Machine Learning Application in Financial Services
Machine Learning technology can protect the companies that are dealing with finance, from financial fraud that may occur in the future. Apart from this, machine learning can help to predict the upcoming opportunities that could be implemented for further investments.
Cyber surveillance helps to protect those institutions which are more under the shadow of financial risk and is able to take action so that particular fraud could be stopped. So, it is needed to step inside the doors of Machine learning company as soon as possible in order to protect the finance related issues.
2. Machine Learning Application in Virtual Personal Assistants
On hearing the name of Assistants, the first thing that strikes our mind is that: Assistants are those who help to guide and assist for a particular direction. And here we are talking about the Machine learning based personal assistants that on the basis of the previous setting decide our upcoming actions through smart devices.
Siri, Alexa, Google Now are some of the examples of Virtual Personal Assistants which help in assisting information. You just have to ask through voice and you will get the result instantly according to the search.
Machine learning based virtual assistants like Amazon’s Alexa, Google Assistant, and Apple’s Siri that are running on our smart speakers and smartphones are making our day to day life easier and entertaining.
Role of these smart assistants individually
In Alexa, you need to set a routine up. And whenever you say “Alexa, good morning,” the lights of your room will turn on automatically and your favorite playlist would start playing itself as this Alexa, a virtual assistant run on smart speakers.
Let’s know how Siri which is a smart device of the iPhone may entertain your day to day life. Well, for this follow this example: If you say “Siri, I am going home”. This will automatically open the navigation direction as well as sends the text message to your family at the same time.
Yes! We cannot deny that Machine Learning is the base of these personal assistants as they get input and gives the output ( based on the previous involvement) in the form of the result according to your requirements.
3. Machine Learning Application in Marketing and Sales
Marketing and sales on the basis of machine learning technology are such an amazing strategy to keep the customers always in touch in order to buy your products.
Well, how could this be possible? Simple! With the help of Machine learning technology, you would be able to analyze the purchase history of the customers and would suggest those products in the recommendations in order to make the customers buy it for the next time.
So, it could be said that as it is told before that Machine learning technology predicts future events on the basis of previous involvement, similarly in the case of marketing and sales, it is must say that, on the basis of previous captured customer’s likings, it promotes future sales and marketing.
4. Machine Learning Application in Predictions while Traveling
So, what kind of prediction Machine learning does while traveling? Well, you almost know this. Today is the time when everyone travels with the help of Gps navigation. when you travel while taking the help of GPS navigation, Machine learning technology here predicts the upcoming traffic on the way as for that time being connected with the GPS, your current location and velocities are being connected with central server of managing traffic.
How Machine learning leave its another kind of impact on traveling?
You might have booked cab online, and you have seen that it automatically shows you the estimated cost of the ride. So this is all because of Machine learning.
Sometimes it also happens when you select the option of “sharing ride”, it automatically reduces the price of the ride. This is again happening with the intelligence of machine learning technology.
5. Machine Learning Application in Healthcare
Machine learning is playing an important role in the healthcare sector too. Sensors that are fixed in the wearable of the patient in order to provide information regarding the patient’s condition, heartbeat, blood pressure, etc.
The information that is gathered through the sensors could help the doctors in analyzing the health and condition of an individual. Doctors can predict the upcoming health issues that may worry about the patients.
And in case, if you are running a healthcare department, do consult some good Software development company in India which may help you in various ways in order to maintain good relation with your patients.
6. Machine Learning Application in Social Media Services
How entertaining and colorful your social media has become? Whatever the thing is wandering in your mind, social media starts flashing the ads of that particular interest. So, this is all about that Social Media has smartly connected with Machine learning in order to make your social presence beneficial and knowledgeable.
Let’s see the impact of Machine learning on Facebook
Here is a very simple concept where Machine learning is dominating the most used app Facebook.
Well, actually by suggesting the various friend suggestion. On the basis of experience, Facebook keeps on noticing the friends you may connect and the profiles that you have ever visited.
Another way where Machine learning is working on Facebook. And this is when you upload a picture with some friend of yours, Facebook instantly recognizes the unique feature of that person after going through your friend list.
This is how Machine learning is continuously making your lives easier and entertaining. From the above-given examples, you might have understood how Machine learning is helping to predict your output in the form of future activities.
As it is well known that machine learning is amazingly revolutionizing the world, there are various Mobile app development companies in India that are giving the provision of building ML-based applications.