Applications of Artificial Neural Networks
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Defination:-Neural Netrworks are considered to be a prominent component
of futuristic Artificial Intelligence. Currently the phrase Neural networks is synonymous with Artificial Neural Networks (ANNs) whose working concept is similar to that of Human Nervous System and hence the name.In Human body, Neural Networks are the building blocks of the Nervous System which controls and coordinates the different human activities.Neural network consists of a group of neurons (nerve cells) interconnected with each other to carry out a specific function. Each neuron or a nerve cell is constituted by a cell body call Cyton and a fiber called Axon. Neural Networks in Real Time Applications:-Wherever a relationship between a set of independent inputs (PREDICTORS) and dependent outputs (PREDICTED VARIABLES) exists, there the neural networks find a wide range of implementations.Some of the real time applications of neural networks include: 1.Monitoring and Detection of various medical phenomena like Heart rate, blood pressure, respiration rate, etc 2.Predictions for fluctuations in Stock Market based on several factors like past data, economic factors, etc. 3.Banking activities like validation of a customer, disbursement of a loan, etc. 4.In Industrial Monitoring of conditions of equipments. 5.Sensor based applications 6.Sales Forecasting 7.Industrial Process Control 8.Customer Research 9.Risk Management Read More About :- Artificial Neural Networks
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