Machine Learning on the Rise
You have probably heard the term artificial intelligence over and over in the last 18 months or so. Tech giants like Microsoft have really unleashed the power of artificial intelligence and the new benefits it can bring a business, particularly in their Azure platform. When manufacturers use artificial intelligence, it is often accompanied by deep learning and machine learning. Machine learning refers to using computers to perform tasks that normally require human intelligence.
Machine learning involves training a system with large amounts of data and then using that system to make inferences about new data it’s never seen. The more data entered and trained, the more accurate the system will become. It’s basically training the system to look for anomalies.
Machine learning can benefit your business in a few ways if the application is deployed correctly. Many companies use AI to benefit their existing operations. Most common seen today in business practices are robotics, self-driving cars and smart voice assistants. The trend we are seeing today is companies profiting directly from AI by selling the hardware, software, services, or expertise the technology needs.
IDC expects total spending on AI systems to reach $97.9 billion in 2023, up from $37.5 billion in 2019. Which means businesses like Microsoft will continue to introduce new artificial intelligence products, as well as enhance the ones already is use in the market. The only risk to your company not adopting artificial intelligence, deep learning and machine learning is that these technologies are going to continue to evolve and once you fall behind in the applications, it is going to be very hard to catch up and reap the same benefits as your competition.
2W Tech is a technology service provider that specializes in solutions for the manufacturing industry. We are a Microsoft Gold Partner and have IT Consultants on staff that specialize in artificial intelligence solutions and how to apply applications such as machine learning and deep learning into your manufacturing environment. Give us a call today to learn more.