Neural Networks Business Applications

Search for and discuss information about a business application of the neural networking technology
of neural networks

Neural networks are beneficial when applied to business applications. They can be used to predict bankruptcy, predict costs, process documents, and forecast revenue. On different sample studies are shown using neural networking in business. One study was used to predict whether movies would flop at their openings by predicting the expected revenue range of the movie. Another was able to determine whether certain business ventures were a good idea by the neural network searching the internet and labeling businesses interesting or not interesting. 84.75% of the time the neural network averaged correctly. Another study predicted the bankruptcy averages of credit risks. This would help banks to assess bank lending decisions and profitability. Neurosolutions was correct in a three year range, 82% of the time. Another network predicted whether a community would support commercial gaming. This included legalization and probation of gaming activities. Neurosolutions was correct  in 4 of 5 counties, or 82% of the time. Neural Solutions was able to predict expense costs on a construction project. This included labor, materials, and utilities costs over time. Neurosolutions was able to process images  or documents electronically, where sometimes it would be difficult for the scanner or printer to recognize certain characters. Neurosolutions could also be used to group business data based on certain characteristics, solving the “clustering problem.”  Neural networks use a SOM or self organizing map, to solve this problem which includes extracted certain features. This is useful in detecting fraud and credit risks also. Neurosolutions used what is called  OCR, or optical scanning recognition, which allowed video feeds and images scanned to have all characters recognized. An example of this would be if a business wished to scan business cards into their PDAs or Outlook devices. This is possible through the optical scanning recognition. Neural networking technology has been applied in many different ways that supplement businesses and their success.

Source: ellerood

You might also like:

Neural Networks & Applications - IIT Kharagpur Part 1 of 37
Neural Networks & Applications - IIT Kharagpur Part 1 of 37

Your child is expected to be

2011-03-21 05:40:32 by dixiessmom

Supported by both parents. However, remember the other parent is supporting the child when she is there. They are feeding the child,paying for activities etc. Whether they have to provide any money to you depends on many factors.You should google the child support calculator for CA.I would first try to work out a parenting plan. If the child can only see the parent once a month,what can you offer in exchange? more time over the summer? extra school breaks? This is not a drastic change but be ready to make up for the lost time. Also, let the other parent know that any time they want to come to CA they are welcome and can go to the activities with the child

Payline by ICE Plans Job Growth in Victoria in 2012  — MarketWatch
VICTORIA, BRITISH COLUMBIA, Apr 24, 2012 (MARKETWIRE via COMTEX) -- Payline Financial has partnered with ICE - International Currency Exchange (ICE) to become Payline by ICE. Payline by ICE growth plans include branching out nationally and adding more …

BUSINESS BEAT: Connect Hearing named a top workplace  — Goldstream News Gazette
Payline Financial has partnered with International Currency Exchange (ICE) to become Payline by ICE, offering secure online foreign exchange services and personalized account management for individuals and corporate clients.

Airport to award currency exchange contract to different firm  — Atlanta Journal Constitution
The city acknowledged in January that the winning firm it selected last year, International Currency Exchange, had a subcontractor that did not meet the requirements for experience. The subcontractor, Paracom, also lacked a certificate to operate in …

Addison-Wesley Professional Simulating Neural Networks with Mathematica
Book (Addison-Wesley Professional)
Birkhäuser Advances in Data Analysis: Theory and Applications to Reliability and Inference, Data Mining, Bioinformatics, Lifetime Data, and Neural Networks (Statistics for Industry and Technology)
Book (Birkhäuser)

Related posts:

  1. RBF Neural Networks Applications
  2. Neural Networks software Applications
  3. Neural Networks tutorial on application
  4. Neural networks brain simulation