Machine Learning for Business and AI Systems Training Course
Machine Learning is a powerful AI-driven tool used to enhance business decision-making, automate processes, and generate data-driven insights.
This instructor-led, live training (online or onsite) is aimed at intermediate-level business and technical professionals who wish to apply machine learning techniques to solve real-world business challenges using practical case studies and hands-on tools.
By the end of this training, participants will be able to:
- Understand how machine learning fits into modern AI systems and business strategies.
- Identify appropriate machine learning methods for different business problems.
- Preprocess and transform business data for machine learning tasks.
- Apply core machine learning techniques such as classification, regression, clustering, and time series forecasting.
- Interpret and evaluate machine learning models in the context of business decision-making.
- Gain hands-on experience through case studies and apply learned techniques to practical scenarios.
Format of the Course
- Interactive lecture and discussion.
- Lots of exercises and practice.
- Hands-on implementation in a live-lab environment.
Course Customization Options
- To request a customized training for this course, please contact us to arrange.
Course Outline
Introduction to Machine Learning in Business
- Machine learning as a core component of Artificial Intelligence
- Types of machine learning: supervised, unsupervised, reinforcement, semi-supervised
- Common ML algorithms used in business applications
- Challenges, risks, and potential uses of ML in AI
- Overfitting and the bias-variance tradeoff
Machine Learning Techniques and Workflow
- The Machine Learning lifecycle: problem to deployment
- Classification, regression, clustering, anomaly detection
- When to use supervised vs unsupervised learning
- Understanding reinforcement learning in business automation
- Considerations in ML-driven decision-making
Data Preprocessing and Feature Engineering
- Data preparation: loading, cleaning, transforming
- Feature engineering: encoding, transformation, creation
- Feature scaling: normalization, standardization
- Dimensionality reduction: PCA, variable selection
- Exploratory data analysis and business data visualization
Case Studies in Business Applications
- Advanced feature engineering for improved prediction using linear regression
- Time series analysis and forecasting monthly volume of sales: seasonal adjustment, regression, exponential smoothing, ARIMA, neural networks
- Segmentation analysis using clustering and self-organizing maps
- Market basket analysis and association rule mining for retail insights
- Customer default classification using logistic regression, decision trees, XGBoost, SVM
Summary and Next Steps
Requirements
- Basic understanding of machine learning concepts and terminology
- Familiarity with data analysis or working with datasets
- Some exposure to a programming language (e.g. Python) is beneficial but not mandatory
Audience
- Business analysts and data professionals
- Decision makers interested in AI adoption
- IT professionals exploring machine learning applications in business
Open Training Courses require 5+ participants.
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Note
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