Machine Learning in Business: A Short Overview

Abstract

Machine learning is viewed as one of the most progressive and researched areas in recent years. While many businesses are adopting the technology there is quite a big percentage of organizations that are facing challenges when deciding on their machine learning strategy. This article is an overview of the term "business process" and the ways a machine learning algorithm can be implemented in it. Some challenges when designing and using machine learning algorithms for a real-time business environment are reviewed.