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Artificial Neural Networks in Business Intelligence



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An artificial neural networks is an algorithm that can easily be trained to complete a task by using input and response. This training process is called "supervised training". Data is collected by measuring the difference between the system's output or the acquired response. These data are then fed back into the neural network where they can adjust their parameters accordingly. The training process is repeated until a neural network performs at a satisfactory level. Data is the key to the training process. If the data are not correct, the algorithm will fail.

Perceptron can be described as the simplest type artificial neural network.

A perceptron is a single-layer, supervised learning algorithm. It's used in business intelligence to detect input data computations. This network has four fundamental parameters: input and weighted input, activation, decision, and activation functions. It is capable of improving computer performance through improved classification rates and forecasting future outcomes. Perceptron networks can be used in many areas, including recognizing emails and detecting fraud.

The Perceptron is the most basic form of artificial neural networks, as it uses just one layer to process input data. This algorithm can recognize linearly separate objects only. It uses a threshold transfer function to distinguish between positive and negative values. It can also only solve a limited class of problems. It requires inputs which are standardized or normalized. It also relies on a stochastic gradient descent optimization algorithm to train its weights.


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Multilayer Perceptron

Multilayer Perceptron or MLP is an artificial neural net that consists three or four layers: an input, hidden, and output layer. Each node is connected to the next layer with a specified weight. Learning occurs by varying connection weights and comparing output to the expected result. This process is called backpropagation, and is a generalization of the least mean squares algorithm.


Multilayer Perceptron uses a unique architecture to allow it to work with more complex data. A perceptron is useful when data sets are linearly separable. However, it has serious limitations when dealing with data sets with nonlinear properties. Consider, for instance, a classification consisting of four points. Consider this: If one of the four points is not an identical match, it would cause a significant error in the output. Multilayer Perceptron overcomes these limitations by using a more complex architecture to learn regression and classification models.

Multilayer feedforward ANN

A Multilayer feedforward artificial neural network uses a backpropagation algorithm to train its model. The backpropagation algorithm iteratively learns weights that are related to class label prediction. A Multilayer artificial neural network that feedforwards class labels is composed of three layers. It has an input layer, a hidden layer or both, and an out layer. Figure 9.2 illustrates a typical Multilayer feeder artificial neural network model.

Multilayer feedforward artificial neural network have many uses. They can be used in forecasting and classification. Forecasting applications need to minimize the likelihood that the target variable will have a Gaussian distribution or Laplacian distribution. It is possible to set the target classification variable of classification applications to zero to allow them to use it. Multilayer feedforward artificial neural network can achieve excellent results even with low Root Mean Square Errors.


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Multilayer Recurrent Neural Network

Multilayer recurrent neuron (MRN), is an artificial neural system with multiple layers. Each layer contains the exact same weight parameters unlike feedforward network, which have different nodes with different weights. These networks are popularly used for reinforcement learning. Multilayer recurrent networks come in three forms: one for deep learning, one for image processing and one for speech recognition. Consider the three main parameters that make these networks unique.

The back propagation error of conventional recurrent neural network tends not to vanish but explode. The size of the weights determines the amount of error propagation. The weight explosion can cause oscillations, while the vanishing problem prevents learning to bridge long time lags. Juergen Schlimberger and Sepp Hoffreiter tackled this problem in the 1990s. These problems can be overcome by the extension of recurrent neuro networks, LSTM. It can learn to bridge time gaps over a large number.




FAQ

What does AI look like today?

Artificial intelligence (AI), is a broad term that covers machine learning, natural language processing and expert systems. It's also known by the term smart machines.

Alan Turing was the one who wrote the first computer programs. He was curious about whether computers could think. In his paper "Computing Machinery and Intelligence," he proposed a test for artificial intelligence. The test tests whether a computer program can have a conversation with an actual human.

In 1956, John McCarthy introduced the concept of artificial intelligence and coined the phrase "artificial intelligence" in his article "Artificial Intelligence."

We have many AI-based technology options today. Some are easy to use and others more complicated. They include voice recognition software, self-driving vehicles, and even speech recognition software.

There are two major types of AI: statistical and rule-based. Rule-based relies on logic to make decision. A bank account balance could be calculated by rules such as: If the amount is $10 or greater, withdraw $5 and if it is less, deposit $1. Statistics is the use of statistics to make decisions. To predict what might happen next, a weather forecast might examine historical data.


What is the state of the AI industry?

The AI industry continues to grow at an unimaginable rate. There will be 50 billion internet-connected devices by 2020, it is estimated. This means that everyone will be able to use AI technology on their phones, tablets, or laptops.

This will also mean that businesses will need to adapt to this shift in order to stay competitive. If they don’t, they run the risk of losing customers and clients to companies who do.

It is up to you to decide what type of business model you would use in order take advantage of these potential opportunities. Do you envision a platform where users could upload their data? Then, connect it to other users. You might also offer services such as voice recognition or image recognition.

No matter what you do, think about how your position could be compared to others. While you won't always win the game, it is possible to win big if your strategy is sound and you keep innovating.


What is the future of AI?

The future of artificial intelligent (AI), however, is not in creating machines that are smarter then us, but in creating systems which learn from experience and improve over time.

We need machines that can learn.

This would involve the creation of algorithms that could be taught to each other by using examples.

You should also think about the possibility of creating your own learning algorithms.

You must ensure they can adapt to any situation.


What will the government do about AI regulation?

Although AI is already being regulated by governments, there are still many things that they can do to improve their regulation. They must ensure that individuals have control over how their data is used. They must also ensure that AI is not used for unethical purposes by companies.

They should also make sure we aren't creating an unfair playing ground between different types businesses. For example, if you're a small business owner who wants to use AI to help run your business, then you should be allowed to do that without facing restrictions from other big businesses.



Statistics

  • In 2019, AI adoption among large companies increased by 47% compared to 2018, according to the latest Artificial IntelligenceIndex report. (marsner.com)
  • The company's AI team trained an image recognition model to 85 percent accuracy using billions of public Instagram photos tagged with hashtags. (builtin.com)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • That's as many of us that have been in that AI space would say, it's about 70 or 80 percent of the work. (finra.org)
  • By using BrainBox AI, commercial buildings can reduce total energy costs by 25% and improves occupant comfort by 60%. (analyticsinsight.net)



External Links

mckinsey.com


gartner.com


forbes.com


en.wikipedia.org




How To

How to set Cortana up daily briefing

Cortana is Windows 10's digital assistant. It helps users quickly find information, get answers and complete tasks across all their devices.

The goal of setting up a daily briefing is to make your personal life easier by providing you with useful information at any given moment. The information can include news, weather forecasts or stock prices. Traffic reports and reminders are all acceptable. You can decide what information you would like to receive and how often.

Win + I will open Cortana. Click on "Settings" and select "Daily Briefings". Scroll down until you can see the option of enabling or disabling the daily briefing feature.

If you have already enabled the daily briefing feature, here's how to customize it:

1. Open Cortana.

2. Scroll down to the "My Day" section.

3. Click on the arrow next "Customize My Day."

4. You can choose which type of information that you wish to receive every day.

5. You can adjust the frequency of the updates.

6. You can add or remove items from your list.

7. Save the changes.

8. Close the app.




 



Artificial Neural Networks in Business Intelligence