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Exploring AI: How to Apply Artificial Intelligence in Your Business
- Every business can benefit from incorporating Artificial Intelligence (AI), whether it’s enhancing a product, streamlining a process, or improving decision-making.
- AI can be used to solve complex engineering design problems, in decision-making processes that rely on empirical data, in combinatorial optimization, and in scheduling and resource management.
- The Feed-Forward Back-Propagation Neural Network (FFBPNN) method is the most versatile, mimicking the way our brains learn and processing information in layers of “neurons” that are connected in specific ways.
- AI has the potential to unlock significant value across all industries, and is becoming more accessible to businesses of all sizes.
- AI’s applications can seem daunting, however, it's more accessible than you might think, and doesn't require significant technical investments.
- Training datasets are provided during the AI network creation process, and the network is trained how to process input and produce output.
- Thousands of iterations create a neural network model that gradually improves ability to predict correct output, converging toward the desired solution.
- AI concepts will continue to be explored in future articles, without delving too deeply into the mathematics, to enable ease of implementation for users.
- Bhairav Thakkar, Founder at Softdof seeks to connect with other professionals wishing to discuss and exchange thoughts on AI and its applications.
- Scheduling and resource management are the key areas for which AI can be applied, enabling effective optimization, reducing inefficiencies, and saving time.
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