Data is the biggest asset to any company. As a growing business, you can’t afford to overlook the benefits of your data. Today, data is collected by your business in every possible way.
If you do not have the army of data scientists like Google, Facebook, Amazon, or Apple, how can you setup machine learning for your business? What are the opportunities right now?
How can machine learning work for your business ?
- Predictive analysis to predict outcomes
- Making your product smarter
Predict outcomes
Predictive analysis uses your historical data to predict future events. With Voyance Omniscient, we can help you use your historical data to to spin up a machine learning model that captures important trends.
That predictive model is then used on your current data to predict what will happen next, or to suggest actions to take for optimal outcomes.
Example
A fin-tech company with historical data on fraudulent transactions can use that to build a machine learning model to predict fraud on new transactions.
Make your product smarter
As mentioned above, some companies can integrate machine learning into their infrastructure to gain and learn from in-depth consumer behavior insights but another option for companies is to use machine learning to power feature additions that allow them to grow quicker than their competitors.
Example
An e-commerce company can make use of their historical data to build an intelligent product recommendation system with Voyance Omniscient.
Summary
The potential impact of machine learning on business is enormous. Machine learning allows businesses like yours to anticipate and preemptively satisfy customer needs or reduce the amount of errors and manual work.
With Voyance, you don’t need an army of data scientists to implement machine learning for your business. We empower companies with our products combined with our in-house data scientist.
Voyance Omniscient
Omniscient is part of Voyance’s product suite that enables a quick and fast way for companies to spin up advanced machine learning models.
How can you get started?
We’re always excited to help companies get started with machine learning, most especially in Africa.
Visit https://voyancehq.com to book a free consultation time with our senior data scientist to understand your use case.
