Machine Learning: The game-changer in the Middle East
Machine Learning is the need of the hour as it helps in the development of computer programs, which can access a variety of data in a short time. These programs can learn from their own experiences with databases without any explicit programming. They use concepts of Artificial Intelligence and analyse data very fast and efficiently. Machine Learning is using novel algorithms to solve issues efficiently. According to present reports, , Machine Learning has been assumed to bring economic revolution by the year 2030 in the Middle East. Some reports also assume that most contributions to Machine Learning will be made by the government of United Arab Emirates, which is supposed to be approximately 13.6% of GDP.
Countries of the Middle East have embraced Machine Learning’s entry to their markets. Some basic Machine learning examples that are being implemented in the Middle East are as follows:
- Updated and enhanced virtual assistants: People nowadays are able to access such data with just one click which was considered impossible at some point. With the use of Virtual assistants like Siri, Alexa and Google Assistant, individuals can search for bus schedules in Dubai with a blink of an eye.
- Video surveillance at various workplaces and roadsides to prevent and detect any crime or wrong deeds: It is very tough job for an individual to keep an eye on multiple floors of a hospital.
- Online chat with customers: Various companies nowadays have online portals through which they regularly interact with their customers and solve their daily queries.
- Detection and reduction of healthcare insurance frauds: In the Middle East countries, healthcare insurance abuses are increasing day by day. A Swiss company NETCETERA has developed a fraud detection software called RISIC with the help of machine learning to tackle this issue. Risic detects fraud claims done by end-users and helps insurance companies to save funds