Definition

Machine Learning

What is Machine Learning?

Machine learning is a subset of artificial intelligence that enables systems to learn from data, identify patterns, and make decisions with minimal human intervention.

Unlike traditional programmed software, machine learning algorithms improve performance through experience, analyzing large datasets to recognize trends and make predictions.

In accounting and HR applications, machine learning powers functions like fraud detection, automated categorization, predictive analytics, candidate screening, and anomaly identification. These algorithms continuously refine their accuracy as they process more information. Machine learning enhances efficiency, uncovers insights invisible to manual analysis, and enables intelligent automation. This technology is increasingly essential for competitive advantage in data-driven business environments.

IRIS Software Group

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