Machine Learning To Power The Industries Of The Future, According To New White Paper

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Machine learning is now a viable business solution for companies big and small. Mobile technology studio Dogtown Media has released a new white paper which explores the AI subset’s effect on numerous industries such as transportation, healthcare, and finance. Los Angeles-based mobile technology studio Dogtown Media has released a new white paper detailing machine learning’s cross-industry impact.

“Imagine being able to perform the work of 1000 people in a matter of minutes. That is the power of machine learning,” says Marc Fischer, CEO & Co-Founder of Dogtown Media.

Dogtown Media, a leading mobile technology studio, has released The Magic of Machine Learning, a white paper that explores the disruptive impact of machine learning on healthcare, transportation, finance, and the industries of the future.

Machine learning is a subset of artificial intelligence (AI) in which a computer system learns from the data it takes in. Although the technologies needed to make machine learning possible have been around for decades, its use and implementation were previously limited by a lack of data and constrained computing power, particularly in mobile devices. Recent advancements in both these fields have unlocked the formerly inaccessible capabilities of machine learning and made it much more viable to implement.

Today’s mobile devices can run advanced machine learning algorithms, using 90% less power, according to Deloitte, than previous generations. Consequently, machine learning is now a viable solution that organizations of all sizes can leverage. Research from Accenture suggests that AI will increase profitability by 38% by 2035, in tandem with a productivity boost of 40%. As a result, Dogtown Media CEO & Co-Founder, Marc Fischer says, “It’s no secret that humanity is on the cusp of a fourth industrial revolution, and machine learning is at the heart of this digital transformation.”

Dogtown Media’s new white paper examines numerous leading forecasts and studies to provide an overview of machine learning’s effects on various industries such as finance, manufacturing, law, transportation, and medicine. It also explores potential use cases for organizations of all sizes to reduce costs and increase business efficiency, in turn allowing for substantial revenue growth outcomes.

“Imagine being able to perform the work of 1000 people in a matter of minutes. That is the power of machine learning,” says Fischer. Dogtown Media is a machine learning app developer that helps businesses eliminate manual processes with automation, boosting productivity, and reducing costs.

The company was included on Inc. Magazine’s exclusive 5000 List of America’s Fastest Growing Private Companies two years in a row, as well as recently named in the Top 100 B2B Service Providers in the world by Clutch, a technology research firm. To date, the mobile technology studio has created over 200 mobile apps spanning industries including artificial intelligence, FinTech, IoT, and mHealth app development.

To download a complimentary copy of the white paper, click here.

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