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Benefit Your Business with Machine Learning

Jul 1, 2019
  • Machine Learning and Automation
  • Biggest Benefits of Machine Learning
  • Regularly Scheduled Maintenance
  • Automated Data Entry
  • Computer Vision
  • System Security
  • Implement Cutting-Edge Software Solutions Today

Machine Learning, also referred to as ML, is a system that defines the use of algorithms and data extraction to learn from users and find insights that might be helpful to them. The most common application of Machine Learning in today’s world is through the use of many popular apps. Netflix, for example, makes recommendations to users based on their watch history and profile behaviors within the system. Facebook uses algorithms that learn from each user to make relevant suggestions.

Certain types of data are collected for Machine Learning to be successful. In the case of Facebook, the algorithm takes information like a user’s age, location, interests, liked posts, and friends list to determine what kind of advertisements might be relevant to them. But did you know that ML can be used to benefit businesses as well?

At Job Hub Group, we create innovative, advanced software solutions that are customized to your company’s needs. As the world moves forward, so does technology. It is imperative to understand how ML can empower the success of your company to build a better future. Machine Learning is responsible for many modern-day experiences, even if you don’t realize it.

Machine Learning may seem complicated at first, but our development team can help you understand the multitude of benefits it can provide for your specific business. We refine custom tools and algorithms that can make Machine Learning an effective strategy for increasing your bottom line.

Machine Learning and Automation

ML and automation go hand in hand. In fact, ML is one of the key factors that contribute to the success of automation. It is important for businesses to stay connected online and all across the globe to stay relevant in today’s world. Algorithms are constantly being used to gain insights, make recommendations, and solve problems, all while working behind the scenes.

The technical definition of machine learning refers to the way algorithms are used for computers to perform specific tasks without instruction. It is the code that originates artificial intelligence, or AI. A system that can learn from information and make decisions on its own based on this information is classified as artificial intelligence. This is the kind of intelligence that can provide benefits to your company.

ML allows you to make real-time decisions without having to wait for additional data to be extrapolated. A software built on intelligent algorithms is something that can keep you ahead in the competition, no matter what industry you work in.

Biggest Benefits of Machine Learning

It is now evident that Machine Learning is an integral part of navigating the online world, and it has helped the Internet evolve into the intuitive system it is today. But how can this same type of technology work in-house to support your business? What are the benefits of this advanced system?

Take a look at some of the biggest benefits to your business that ML has to offer.

1. Regularly Scheduled Maintenance
ML can predict when you are due for a maintenance check. This is an especially helpful trait if your business operates a manufacturing firm or uses heavy equipment. Our team can develop a custom-built software solution that uses Machine Learning in a specific way to let you know when you need to invest in maintenance. Rather than having to send someone in to do routine maintenance checks during fruitful working hours, you can leave it to technology to give you updated feedback.

It is known as “predictive maintenance,” and it can perform a variety of functions that include taking historical data, visualizing work performances, and giving flexible feedback.

2. Automated Data Entry
It’s no secret that data entry is a menial and time-consuming task. Automate this job using Machine Learning. This will allow you to not only save a lot of man hours with data entry, but it will also help you prevent mistakes. Everyone is prone to error once in a while, but investing in Machine Learning can completely eliminate this risk. No longer will you have to deal with duplicate information or inaccurate records.

3. Computer Vision
Computer vision is the technical term for image recognition. An intuitive Machine Learning software can place symbolic value on certain images or files. This is a type of data mining that can assign patterns to whatever information you give to it. This is an important quality if you are working in a healthcare or sales industry where contracts and handwriting frequent your desk. Image recognition software will take what you upload and categorize it based on the features it has learned to recognize.

4. System Security
ML is an important contributing factor to the development of system security. It can help you solve safety problems by learning to recognize the strengths – and weaknesses – in your already-existing security systems. It will make recommendations for next steps that will allow you to implement a better safety feature. This system can even tell you when you’ve been faced with an undetected threat, so you can eliminate it right away.

Not only is Machine Learning something that will ultimately contribute to a better and safer workflow in-house, but it will benefit your customers as well. Machine Learning will use its intelligent algorithms to recognize consumer habits and make predictions based on the services you provide. You can also use it as a customer-facing system that will automatically recommend products to them so you don’t have to work as hard on your upsell.

Implement Cutting-Edge Software Solutions Today

With the advent of advanced algorithms like Machine Learning, businesses have reached a new level of potential. It is critical to use this kind of technology to your advantage in order to gain new insights about your work performance and customer needs.

Job Hub Group has a specialized team of developers that can work with you to understand what’s right for your business. We can deliver a tailor-made software system packaged with all of the tools you need to accelerate your business. Contact us today to get started!

Sources

https://www.margasoft.com/blogs/7-key-advantages-of-custom-software https://channels.theinnovationenterprise.com/articles/5-benefits-of-custom-software-solutions-5bocss https://www.bluelinkerp.com/blog/2013/03/08/custom-software-vs-out-of-the-box-erp-software/