|
Finance: |
Machine learning (ML) aids in algorithmic trading, credit
scoring, and fraud detection in the finance industry. These
systems can analyze market trends to optimize trading
strategies or spot anomalous transaction patterns that point
to fraud |
|
Retail: |
Recommendation systems, inventory control, and demand
forecasting are all done by retailers using ML. These
systems optimize stock levels and offer personalized product
recommendations based on customer behavior analysis |
|
Transportation:
|
ML propels developments in route optimization, traffic
control, and driverless cars. While traffic management
systems use machine learning (ML) to forecast traffic and
recommend alternate routes, self-driving cars use ML to
interpret sensor data and make decisions in real-time.
 |