Several Machine Learning examples are already part of our daily lives. And in the coming years, our relationship with this subset of AI and autonomous AI will grow even more. That’s why it’s so important to identify current Machine Learning technologies and the ones that will come soon.

In the following article, we will explore 5 Machine Learning examples that you surely use at least a couple of times per week.

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How does Machine Learning work in today's world?

In a world where more and more information is being created and stored, Machine Learning has become crucial. Today's computational advances have allowed us to create a sea of data, which allows us to understand our surroundings better and the ways we interact with our environment.

However, it is humanly impossible to comprehensively review all this information and derive valuable insights from it. This is where Machine Learning comes into play.

Machine Learning has managed to use this outpour of information effectively. When a machine is "trained" to perform a task through its experiences with large datasets, the machine can later perform the assigned task by itself automatically. Moreover, this technology can predict future outcomes and optimize processes to achieve higher performance.

Learn more about what Machine Learning is and how it works in our article here.

 

5 most used Machine Learning applications in companies

Machine Learning has become an invaluable ally for organizations due to its great capacity to organize, predict and reduce complex processes in favor of efficiency.

Companies find significant advantages in using this technology in their daily operations to automate several tasks and improve their performance across different areas.

“83% of organizations have increased their Machine Learning budgets year over year- Algorithmia

These are the 5 most common applications in companies using Machine Learning.

1. Predictive Analytics

This Machine Learning application can predict what will happen based on historical data and can identify patterns from this information. Companies use this Machine Learning application to eliminate risks, reduce costs and identify areas of opportunity for the business and its employees.

2. Knowledge extraction

This Machine Learning application allows the processing of large amounts of structured and unstructured data to identify covert relationships. By tracking recurring information, this ML application can transform millions of pieces of data into valuable insights.

3. Image recognition

This Machine Learning application defines a set of objects to be identified in images by training a model with labeled photos. This helps companies in security and productivity matters. Deep Learning has boosted this application making it even more powerful.

4. Behavioral analysis  

This Machine learning application builds baselines of normal behavior for each user in specific scenarios by observing historical activity and comparisons within peer groups. In this way, the behavior and reactions of specific individuals in various scenarios can be identified.

5. Recommender systems

Recommender systems are concerned with ranking products and user groups. Generally, a recommender system predicts the ratings that a user might give to a specific item or content. These predictions are ranked and returned to the user with similar results they might be interested in.

 

5 APPLICATIONS OF MACHINE LEARNING IN BUSINESS

Machine Learning Examples_Machine Learning Applications In Business

 

Machine Learning Example #1

Google Maps ejemplo de machine learning

Google Maps is one of the most famous applications of this company. But the capabilities of Google Maps were not even possible until a few years ago. This application uses two main factors in its favor that no other organization has: a large amount of information from its users and Google's development of their Machine Learning platforms with cutting-edge technology.

How does Google use Machine Learning?

To accurately predict future traffic, Google Maps uses Machine Learning to combine live traffic conditions with historical traffic patterns on roads around the world. This allows it to show specific information to its users about the estimated time of a route and the real-time traffic to get there.

 

Machine Learning Example #2

Machine Learning Example_Uber

Machine Learning is the backbone of Uber. Since they started operations, this American company has been keen on using artificial intelligence to make the user experience better and unique.

But without constant innovation, this would not be possible.  Uber has bet on Machine Learning like a no other organization to stay at the top.

How does Uber use Machine Learning?

Uber developed its own Machine Learning platform called Michelangelo. In it, its developers can create Machine Learning models to power the company's applications. One such development was a Customer Obsession Ticket Assistant (COTA) tool to help agents provide better customer service.

COTA helps resolve up to 90% of incoming support tickets quickly and efficiently.

 

Machine Learning Example #3

Machine Learning Example_Apple

The way we store our photos has changed tremendously due to Machine Learning. Now we can take a photo at any time and place, and also we can categorize them in our digital library, or create collages automatically and identify particular features thanks to this technology on our mobile devices.

How does Apple use Machine Learning?

Apple uses a series of Machine Learning algorithms in its Photos app for iOS that run privately to help curate and organize images on users' iPhones. This app further learns from a user's interesting patterns and identifies everything from groups of important people, frequent locations, past trips, and events, etc.

 

Machine Learning Example #4

Machine Learning Example_META

Marketing is one of the industries that has been transformed in the last decade thanks to Machine Learning.

The tools that Meta (formerly Facebook) has developed for businesses on its social media platforms in recent years have revolutionized digital advertising campaigns. From measuring the results of a campaign in real-time to recommending audience segments that could be interested in specific products or services, this company changed Internet advertising thanks to Machine Learning. However, they have been criticized for their privacy policies in recent years.

How does Meta use Machine Learning?

With the information that Meta has on its platform, the advertising efforts of its advertisers achieve a more substantial impact due to Machine Learning. As more people view an ad, share comments about it or click to purchase on an advertiser's website, Meta's Machine Learning models improve the prediction of estimated action rate and ad quality. This maximizes value for individuals and businesses.

 

Machine Learning Example #5

Machine Learning Example_Spotify

One of the most popular cases of Machine Learning in the music industry is Spotify.

With more than 406 million users today, this company's relationship with artificial intelligence is unprecedented. Thanks to its vast music catalog, user-created playlists, and millions of behavioral data from its subscribers, this company has been able to leverage the immense amounts of information at hand in successful and, above all, creative ways using Machine Learning.

How does Spotify use Machine Learning?

Spotify uses Machine Learning for its music recommendations in three main ways.

- Collaborative filtering: Based on data from its user base, Spotify groups different listeners based on their specific tastes and recommends content similar to what they regularly enjoy.

- NLP: Based on neurolinguistic programming, information can be identified with tags within each song or playlist that users create. In this way, Spotify can better understand why people are interested in certain songs or genres.

- Audio modeling: This type of ML algorithm explores the song's content and compares it with other songs to identify categories. For example, if a song has a particular rhythm or certain instrumentalization, it will be categorized within playlists of similar genres and tunes.

 

5 MACHINE LEARNING EXAMPLES IN 2022

ejemplos-1

 

How does Algotive use Machine Learning?

At Algotive, we take Machine Learning capabilities to a new level, thanks to our autonomous artificial intelligence.

People can make critical decisions with an unparalleled technological ally with our video analytics applications. Algotive's technology performs highly critical tasks, without major human intervention, with a high degree of accuracy and effectiveness.

Autonomous AI is the next logical step in our relationship with technology. Read our complete guide here if you want to learn more about our autonomous artificial intelligence.

And learn more about our autonomous AI video analytics application for public safety, vehicleDRX, here.

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