Analytics allow automated decision support. A self learning analytical model trains itself to make predictions using data. This is a breakthrough in the way computers operate, and is popularly known as a machine learning technique.
Machine learning techniques are used in almost all AI applications. They use pre-built algorithms and are highly efficient as
— they often yields better predictions..
— they enable quick deployment..
— they improve over time..
— they adapt to changing circumstances…
The accuracy of machine learning techniques has increased recently due to the availability of huge amounts of data, computing power and recent advancements in artificial neural networks.