Machine Learning Services
Let we build for you the sophisticated ML algorithms to automate your business operations, improve customer behavior, and increase ROI
According to Statista:
- The market size in the Artificial Intelligence market is projected to reach US$305.90bn in 2024.
- The market size is expected to show an annual growth rate (CAGR 2024-2030) of 15.83%, resulting in a market volume of US$738.80bn by 2030.
- In global comparison, the largest market size will be in the United States (US$106.50bn in 2024).
What Is Machine Learning And Why It Is Crucial for Your Business
Machine learning is a growing industry that uses methods to build algorithms that can be learned from data. Simply put, natural language processing allows systems to determine patterns, make classifications or predictions, and thus improve their performance based on experience, minimizing human intervention. The purpose of this expert system is to predict the result from the input data. Machine learning technologies allow companies to completely replace manual labor with automated operations, which reduces resource consumption and increases corporate productivity.
Over the last few years, the Machine Learning market has developed in the healthcare, retail or industrial sectors. This positive trend was significantly influenced by the COVID-19 pandemic, which led financial institutions and enterprises to identify the need to serve customers through digital services.
According to the leading publishing house Fortune Business Insights, in 2021 the machine learning market amounted to 15.44 billion US dollars. However, given the increased introduction of machine learning technologies, this figure is expected to increase to 209.91 billion US dollars by 2029.
You Can Use Machine Learning for:
Market Research
and Forecasting
Text Analysis
and Translation
Image Recognition
Fraud Prevention
Chatbots
Machine Learning Development Services
Business Value Of Machine Learning Services
ML technologies and their implementation in your business can reveal inexhaustible opportunities for your business development. You only need to choose which expertise is suitable for your business, and then work with our Data Scientists. Here are some of the benefits you can get:
- Analysis of historical data
Thanks to ML, you can analyze historical data, and thus understand customer behavior and sentiments in detail. This will give you the ability to understand which customers are more likely to leave, which people will become your leads or repeat customers, and understand the difference between their behavior. - Forecast technical costs
The implementation of ML technologies will be able to shed light on the predictive maintenance of fixed or long-term capital assets. In this way, you can receive early information about failures, required repair work or downtime. This will help you not to spend extra money, and also not to lose the trust of your customers. - Personalized recommendation systems
Personalized recommendation systems are nothing new in today’s world, but if you’re not using them yet, we have a lot to offer. First of all, it will improve your interaction with customers, increase their trust and loyalty to your business, and bring you more money in a shorter period of time. - Improve planning and forecasting
ML can help your business gain insights into potential costs, demand, price trends, market share, and more. This way, you can budget your company wisely, assess your prospects, and keep your budget from being wasted. - Fraud detection
ML is good at detecting patterns, which gives it a great advantage in fraud detection. By searching for anomalies, ML can quickly and efficiently detect changes or abnormal behavior in the use of reddit cards, services, etc. - Increase efficiency and reduce costs
The service automation that ML implementation can provide you with can reduce your costs, increase efficiency, and free you from routine tasks. This way, you can unleash your creativity and get routine tasks done faster and cheaper.
What Do You Get from Machine Learning Development Services?
Decrease in the amount of resources with increasing amount of income
Automation of operational work
Maximize the efficiency of your business
Ordering and data management
Creating an analysis of risks, benefits and business strategies
Effective communication with the client
Solving complex problems
Personalized data analysis
Machine Learning & Business Solutions
Healthcare
In the healthcare industry, machine learning plays an increasingly important and dynamic role. Machine learning algorithms can analyze patient data, signs and symptoms, and medical imaging to aid in the diagnosis of diseases. It also makes it feasible to assess and analyze medical images, which aids radiologists in finding anomalies and illnesses.
In order to identify and forecast the efficacy of novel drug candidates, machine learning becomes necessary. Methods for optimizing medication dosages and tailoring treatment regimens can be employed by analyzing patient data. Real-time patient data streams can be analyzed by machine learning algorithms to identify irregularities and predict worsening circumstances.
FinTech
Machine learning models assist in identifying trends and anomalies in financial transactions, which helps in the detection of fraudulent activity. These algorithms assess an individual’s or company’s creditworthiness by looking at credit-related data.
Machine learning is used to create trading algorithms that evaluate market data and produce automated trading decisions. The risks associated with loans, investments, and insurance can be assessed and predicted by the models. Machine learning techniques can be used to categorize clients according to their financial profiles, tastes, and behavior.
E-commerce and Retail
Machine learning algorithms power systems that recommend products to consumers based on their preferences and actions. By predicting customer demand, these algorithms ensure product availability and make the best use of inventories.
To determine the optimal pricing strategies, ML techniques are combined with consumer behavior and market dynamics. To determine the mood and feedback of customers, machine learning algorithms look at social media data, reviews, and comments. Businesses can attract potential customers by optimizing their pricing strategies and providing customized discounts or promotions by utilizing this technology.
Logistics and Transportation
By taking into account factors like traffic, weather, and vehicle capacity, machine learning algorithms can optimize routes for deliveries and transit. By anticipating the failure of machinery in plants and cars, the models can maximize maintenance schedules.
ML techniques can estimate the demand for transportation services, which aids in resource allocation and capacity planning. To provide real-time insights and enhance traffic flow, its algorithms evaluate traffic data.
Manufacturing
Predictive maintenance is a common use case in the manufacturing sector, where costly production delays can result from equipment failure. Furthermore, one of the many cutting-edge technologies in the manufacturing sector, machine learning’s computer vision component, can check products as they come off a production line for quality assurance.
Amazinum Portfolio
Smart Eyes: The Integration of AI and ML in Surveillance Cameras for Enhanced Security
Beyond Monitoring: The Power of AI and ML in Construction Site Surveillance
Our Industry Focus
Our industry knowledge and background give our clients and partners confidence that we understand their business. Here we highlighted a few top industries we are good at, penetrating to the smallest details and nuances of a certain branch.
Partners & Clients
We deeply appreciate our partners for cooperation. Every member of the Amazinum Team does their best to provide the highest quality of services and solutions. We satisfy all your needs and requirements.
Technologies
Learn about technology stack we use to implement data science:
Programming languages:
for data analysis and processing:
for creating solutions:
for API development:
for visualization:
Deploying solutions:
Databases:
SQL:
NoSQL:
Cloud Solutions:
Vitaliy Fedorovych
CEO, Data Scientist at Amazinum
Hello there!
Amazinum Team assists you through all data science development processes:
from data collection to valuable insights generation.
Get in touch with our CEO and Data Scientist to figure out the next move together
- 4A Peremohy square, Ternopil, Ukraine, 46000
- +380 98 85 86 330
- vfedorovych@amazinum.com
Contact Us
Bazarnitska Alina
Client Partner
Ihor Khreptyk
Client Partner
Stopnyk Zoriana
Client Partner
Vitaliy Fedorovych
CEO, Data Scientist
