Machine Learning Solutions for the Economy

Businesses and legal structures have gradually climbed back to normal.  But they may never be the same again as measures of social distancing are maintained. Moreover, the U.S. had witnessed its biggest drop of employment in the earlier months of this year. Considering all these developments and with immense knowledge on the latest advancements in technology, SGS Technologie predicts that machine learning along with Artificial Intelligence can offer right solutions to get the economy as well official government work back on track.  This is because more industries, as well as government agencies, are expected to automate their work processes.  Focus is going to be given more to the latest technology instead of manual resources.

SGS is an experienced software development company and IT Staffing company in Jacksonville (Florida) which also specializes in providing Machine learning consulting services.  We understand that in Machine learning, large mathematical models are adapted based on optimized analyses such as images, speech, biological systems or economies.  These factors would normally not have been analyzed and that’s the advantage of Machine learning.  For better insights on how it can help the economy, a deeper comprehension on the concept is required.

"Machine learning is an application of artificial intelligence (AI) to systems for enabling them to automatically learn and improve from experience without being  prior instructions."

That is, machines or rather systems can be taught to learn on their own after the first programming.  For example, incoming calls to a company or government agency can be automated based on some pre-set instructions.  Pre-recorded voice can greet the callers and present them with options. Responses can also be automated or if required, the call can be redirected to senior staff members.  Results of this new approach will include faster responses to customers, increased accuracy and cost-effective advantages as lesser investments will have to be made on human resources.

The algorithms, frameworks and techniques of ML are can solve complex problems within quickly. Moreover, its ability to use Big Data analytics and recognize patterns offers big advantage in the current market.  Predictive analytics can be used for studying the preferences and patterns of customers in advance. Machine Learning processes can then use this data in automatically responding to target audiences.  Some of the methods with which MI can be of assistance to every sector are:

  • Healthcare organizations and government agencies can use machine learning-enabled chatbots for contactless screening of COVID-19 symptoms and to answer questions from the public. These chatbots can also enable public to easily find official government communications.
  • AI-driven crop-monitoring solutions can be used to assess satellite images of crops so that farmers and retailers can be aware of potential issues in advance. It will help them manage supply chain, procurement and inventory planning more efficiently. Moreover,  machine learning models can be deployed to mix imagery from multiple satellites, enabling a near real-time assessment of agricultural conditions.
  • In addition to predictive analysis of prospective consumer behavior; ML can help the finance industry with fraud detection and prevention. This can be through automatic detection of all possible anomalies, real-time processing, lesser need for verification, and more.

Machine Learning is useful to various other industries as well. Reach out to SGS Technologie for more discussions. We also have offices in Tallahassee (FL) and Frisco (TX).  You can visit any of our offices, call our continuous support lines or drop us an email.

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Machine Learning Solutions for the Economy

 168

Businesses and legal structures have gradually climbed back to normal.  But they may never be the same again as measures of social distancing are maintained. Moreover, the U.S. had witnessed its biggest drop of employment in the earlier months of this year. Considering all these developments and with immense knowledge on the latest advancements in technology, SGS Technologie predicts that machine learning along with Artificial Intelligence can offer right solutions to get the economy as well official government work back on track.  This is because more industries, as well as government agencies, are expected to automate their work processes.  Focus is going to be given more to the latest technology instead of manual resources.

SGS is an experienced software development company and IT Staffing company in Jacksonville (Florida) which also specializes in providing Machine learning consulting services.  We understand that in Machine learning, large mathematical models are adapted based on optimized analyses such as images, speech, biological systems or economies.  These factors would normally not have been analyzed and that’s the advantage of Machine learning.  For better insights on how it can help the economy, a deeper comprehension on the concept is required.

"Machine learning is an application of artificial intelligence (AI) to systems for enabling them to automatically learn and improve from experience without being  prior instructions."

That is, machines or rather systems can be taught to learn on their own after the first programming.  For example, incoming calls to a company or government agency can be automated based on some pre-set instructions.  Pre-recorded voice can greet the callers and present them with options. Responses can also be automated or if required, the call can be redirected to senior staff members.  Results of this new approach will include faster responses to customers, increased accuracy and cost-effective advantages as lesser investments will have to be made on human resources.

The algorithms, frameworks and techniques of ML are can solve complex problems within quickly. Moreover, its ability to use Big Data analytics and recognize patterns offers big advantage in the current market.  Predictive analytics can be used for studying the preferences and patterns of customers in advance. Machine Learning processes can then use this data in automatically responding to target audiences.  Some of the methods with which MI can be of assistance to every sector are:

  • Healthcare organizations and government agencies can use machine learning-enabled chatbots for contactless screening of COVID-19 symptoms and to answer questions from the public. These chatbots can also enable public to easily find official government communications.
  • AI-driven crop-monitoring solutions can be used to assess satellite images of crops so that farmers and retailers can be aware of potential issues in advance. It will help them manage supply chain, procurement and inventory planning more efficiently. Moreover,  machine learning models can be deployed to mix imagery from multiple satellites, enabling a near real-time assessment of agricultural conditions.
  • In addition to predictive analysis of prospective consumer behavior; ML can help the finance industry with fraud detection and prevention. This can be through automatic detection of all possible anomalies, real-time processing, lesser need for verification, and more.

Machine Learning is useful to various other industries as well. Reach out to SGS Technologie for more discussions. We also have offices in Tallahassee (FL) and Frisco (TX).  You can visit any of our offices, call our continuous support lines or drop us an email.

Category : Machine Learning

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