AI and machine learning technologies plays a huge role in healthcare and digital transformation. With the algorithms of machine learning techniques, it will be easier to collect and store more data and detect more patterns that are difficult for humans. For example, radiological scans can be read by computer. This ML based algorithms can be helpful for diabetes patients, in Radiology, Pathology Labs, Patient Screening, etc.
Identifying malware based on previously used codes in earlier versions and the rate of changing files. The learning models can detect malware accurately form information stored in clouds, and thus, they are able to report anomalies to indicate the breaches.
Autonomous intelligent cars with IoT.
Predicting market trends in advance on a particular day. Proprietary systems can help execute high volume trades at high speed, “Algo-trading”.
Companies like PayPal are taking the help of ML to avoid money laundering cases.by understanding the difference between fraudulent and legit transactions that take place between the sellers and buyers.
Digital transformation companies in the USA tend to use ML algorithm to analyze your recent watching habits on content provider's platform. It helps them to understand your choices about the programs or products and based on that they provide you with better recommendations by targeted digital ads. Win-Win situation.