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10 ways ML will play an important role in the world of big data

Machine learning and big data go hand in hand!

The more data (quality data!) you feed to your machine learning algorithm‌ the better the algorithm learns and predicts accurate outcomes.

Machine learning patents form the thirdfastest growing category of all patents granted between 2013 and 2017

80% of hours streamed on Netflix are based on machine learning driven recommendations that come from analysing data for over 100 million subscribers

Machine learning and big data driven personalization + targeted recommendations save Netflix over USD 1 billion per year!

Machine learning based fraud detection will Minimize detection time by

Increase accuracy by

70 %

90 %

Deep learning has become a standard element in 80% of data scientists' tool kits

75% of enterprises using machine learning boost sales by more than 10%

ML-based predictive maintenance

75%

45%

decrease in failures

increase in uptime

10 times return on investment

30% drop in maintenance expenses

Machine learning chips used in data centers will shoot up to 800k in 2018 from 200k in 2016

800 K

100-200K

2016 2018

x2 in 2018

x2 in 2020

By 2021, more than 50% of organizations will spend a higher amount per year on ML-based bots and chatbot development than traditional mobile app creation

Number of machine learning pilots - in 2018 will be twice as many as 2017 - in 2020 will be double that of 2018

About Accelerite ShareInsights Accelerite ShareInsights is a powerful big data analytics platform with an easy-touse self-service interface for data preparation, analysis, visualization, and machine learning. Learn more at www.accelerite.com/shareinsights

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Business intelligence software companies  

ShareInsights- a Big Data Analysis as a Service Platform, by Accelerite is the most dynamic analytics platform to collaboratively analyze a...

Business intelligence software companies  

ShareInsights- a Big Data Analysis as a Service Platform, by Accelerite is the most dynamic analytics platform to collaboratively analyze a...

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