An Artificial Neural Network
An artificial neural network (ANN) is a machine learning model designed to mimic the function and structure of the human brain. It’s a subset of machine learning and is at the heart of deep learning algorithms. The name and structure of ANNs are inspired by the human brain, mimicking the way that biological neurons signal to one another.
Areas of application
- Healthcare and Pharmaceuticals
- Finance and Banking
- Telecommunications
- Autonomous Vehicles
- Supply Chain Management
- Voice and Image Recognition Systems
- E-commerce and Digital Advertising
Example
A company uses an artificial neural network to analyze customer data and predict future sales patterns, allowing them to make informed business decisions.