The below infographic, Machine Learning in the Retail Sector, presents a basic overview of the topic. It begins with an explanation of artificial intelligence and machine learning. Basically, artificial intelligence is the development of computer systems that can perform tasks that are normally thought of as requiring human thought. For example, AI applications use visual perception, speech recognition, language translation and decision-making tools to analyze and solve problems, speed up processes and even learn.

It is likely that even more benefits will be found in the future. Isn’t it time to take advantage of all the data that’s out there now by jumping on the ML bandwagon?

Graphic created by Aptitive.