What is the advantage of Machine Learning?
In Machine Learning (ML), algorithms generate predictive models from sample data. These models represent the knowledge acquired and can be applied to new, unknown data of the same type. Machine Learning is particularly helpful for correlations that are difficult to describe analytically but for which there is a large amount of sample data, such as sensor data, images, or text.
For companies, Machine Learning offers the advantage of automatically recognizing complex relationships even in large amounts of data and gaining valuable insights from them. This enables better forecasts, individual recommendations, and data-based decisions.