Machine Learning Applications — How to Gain a Competitive Edge with ML in Any Industry #Infographic

Machine Learning Applications — How to Gain a Competitive Edge with ML in Any Industry #Infographic

Machine learning for large corporations and start-ups alike continues to gain momentum. The global ML market value was estimated at $22.59 billion in 2020, and this amount is expected to rise to $126 billion in 2025, with a 42.08 percent compound annual growth rate.

The top ML technologies that companies use to improve their outcomes, drive revenue and grow market share remain risk management, trading, automation and performance analysis. This technology has the ability to replace a great deal of manual work and push greater automation, with more than $28 billion of overall funding allocated to AI. Businesses will therefore dramatically improve productivity and gain a competitive advantage.

machine-learning-applications-how-to-gain-a-competitive-edge-with-ml-in-any-industry-infographic

Infographic by: litslink.com


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