The recent surge of data has empowered a field of computer science that uses statistical techniques to give computer systems the ability to learn: Machine Learning. Modern Machine Learning Algorithms are able to overcome strictly static program instructions and make data-driven predictions that help companies make decisions with minimal human intervention. IDC forecasts that spending on Machine Learning will grow from $12 billion in 2017 to $57.6 billion by 2021. What's more, Machine Learning patents grew at a 34 percent CAGR between 2013 and 2017, making it the third-fastest growing category of all patents granted.


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bigdata,machine learning,data,artifical intelligence,ml algorithms