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Statistical Application of R & Python: Know Skewness & Kurtosis and Calculate it Effortlessly

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Statistical Application of R & Python: Know Skewness & Kurtosis and Calculate it Effortlessly

This is a blog which shall widen your approach on the Statistical Application using R & Python. You perhaps already have been calculating Geometric Mean using R & Python and are already aware of the Application of Harmonic Mean using R & Python. However, if you are eager to further your knowledge about Skewness & Kurtosis and interested to know of their application using R and Python, then this is the right place.

Skewness:

Skewness is a metric which tells us about the location of my dataset. That is, if you want to know where most of the values are concentrated on an ascending scale.

Skewness is of two kinds: Positive skew and Negative skew. A positively skewed dataset will have most of the values concentrated at the beginning of the scale. Eg: If a woman is asked to rate 100 tinder profiles based on the looks on a scale of 1 – 10, 1 being the ugliest and 10 being the most handsome. Then the resulting ratings will be positively skewed. This is to say that women are harsh critiques of looks.

Now, consider another example: Say if the wealth of the 1% richest people were to be plotted on a scale of say $0 – $200 billion. Then, most of the values will be concentrated at the end of the scale. This will be an example of a negatively skewed dataset.

In essence, skewness is the third central moment about mean and gives us a feel for the location of the data set values. It is recommended to go through STATISTICAL APPLICATION IN R & PYTHON: CHAPTER 1 – MEASURE OF CENTRAL TENDENCY to have an understanding of the Central Tendency and its measures. Having no skewness will mean the data set is fairly symmetrical and has a bell shaped curve.

Where n is the sample size, Xi is the ith X value, X is the average and S is the sample standard deviation.  Note the exponent in the summation.  It is “3”.

Kurtosis:

Kurtosis is a statistical measure that’s used to describe, or Skewness, of observed data around the mean, sometimes referred to as the volatility to volatility. Kurtosis is used generally in the statistical field to describe trends in charts. Kurtosis can be present in a chart with fat tails and a low, even distribution, as well as be present in a chart with skinny tails and a distribution concentrated toward the mean.

Kurtosis for a normal distribution is 3.  Most software packages use the formula:


The types of kurtosis are:-


Application:

A person tries to analyze last 12months interest rate of the investment firm to understand the risk factor for the future investment.

The interest rates are:

12.05%, 13%, 11%, 18%, 10%, 11.5%, 15.08%, 21%, 6%, 8%, 13.2%, 7.5%.

Here is the table:

Months

(One Year)

Interest

Rate (%)

April12.05
May13
June11
July18
August10
September11.5
October15.08
November21
December6
January8
February13.2
March7.5


Calculate skewness & Kurtosis in R:

Calculate skewness & Kurtosis in R:
Calculating the Skewness & Kurtosis of interest rate in R, we get the positive skewed value, which is near to 0. The skewness of the interest rate is 0.5585253.

The kurtosis of the interest rate is 2.690519

Kurtosis is less than 3, so this is Platykurtic distribution.

Calculate Skewness & Kurtosis in Python:

Calculate Skewness & Kurtosis in Python:
Calculate Skewness & Kurtosis in Python:
Calculating the Skewness & Kurtosis of interest rate in Python, we get the positive skewed value and near from 0. The skewness of the interest rate is 0.641697.

The kurtosis of the interest rate is 0.241602.

Kurtosis is less than 3, so this is Platykurtic distribution.

Conclusion:

Firstly, according to the output of the data the value is positively skewed(R & Python), positive skewness indicates a distribution with an asymmetric tail extending toward more positive values.

And the kurtosis is less than 3 (R & Python), it is a platykurtic distribution. Positive kurtosis indicates a relatively peaked distribution. And the distribution is light tails.

Secondly, the value of the skewness and kurtosis are different in R and Python, but the actual effects are more or less the same. The results are different because skewness and kurtosis are calculated with different formulae or method for the measurement like Bowley’s measure, Pearson’s(First, Second) measures, Fisher’s measure & Moment’s measure. And different software (ex. R, Python, SAS, Excel etc) using different processes to calculate skewness & kurtosis brings the same ultimate result. The numerical values change only when the numbers are also changed. So, we sometimes get different results.

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There are numerous other blogs that you can follow with Dexlab Analytics. Also, if you want to explore computer vision course Python, neural network machine learning Python and more extensive courses on R & Python, then you can also join us and boost both your passion and career.

 

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Machine Learning Significantly Aids in Improving the Business Performance: Learn the Hows

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Machine Learning Significantly Aids in Improving the Business Performance: Learn the Hows

According to Forbes, Machine Learning is quickly growing up to be the biggest technology for the progress of businesses of the future. Furthermore, it will be able to add another $2.6 trillion in value, to the sales and marketing industry by 2020. Even in the field of manufacturing and logistics, it is estimated to add up to $2 trillion.

We are already seeing the extensive support that the AI-driven technology is lending to varied businesses which have joined hands with Machine Learning. This collaboration is bringing forth shocking results for the businesses, improving customer relationships, fueling sales and increasing the overall efficiency of the industry.

The total investments in Machine Learning are estimated to scale up reaching the $77 billion mark. So, if you want to enrol yourself for quality Machine Learning courses then, avail of the best Machine Learning course in India.

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To Brief About Machine Learning

Machine Learning is a brand new and extremely progressive discipline at the core of which lies mathematics, statics and artificial intelligence (AI).

The basic difference between Artificial Intelligence and Machine Learning is that the former deals with the engineers writing programs for the AI to carry out specific tasks. Whereas, Machine Learning demands the engineers to write algorithms that can teach computers to write programs for themselves.

Machine Learning stresses primarily on developing the intelligence of a program and its capability of learning from past experiences. Thus, they learn from every previous interaction and each of the experiences from the past and finally, churns out the fitting solution, no matter what the circumstance is.

Therefore, a large number of businesses are incorporating Machine Learning, leading to the growth of their businesses and making their business future proof.

Deep Learning and AI using Python

To list down some of the ways how Machine Learning boosts the business performance are:

  • This new technology aids in developing software to understand the natural human language.
  • Machine Learning further improves the efficiency of logistics and transportation networks.
  • It also aids in building preventive maintenance, thereby lessening the equipment breakdowns and increasing profits.
  • Machine Learning can also be extremely useful in collecting consumer data to analyse customer profiles. This, in turn, will maximise sales and improve brand loyalty.

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Know the Trending Machine Learning Toolkits: For More Intelligent Mobile Apps

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Know the Trending Machine Learning Toolkits: For More Intelligent Mobile Apps

With the progressive age, innovative and effective technologies like Artificial Intelligence and Machine Learning is dominating the scene of the present. Therefore, developers are rooting for machine learning models to be up to date with the present era. You can also avail of Neural Network Machine learning Python to keep pace with the modern advancements.

To say it, even mobile applications have come a long way from what they were earlier. With the cutting edge technologies of face recognition, speech recognition, recognition of different gestures and movements, mobile apps are really smart now. Furthermore, with the popularity of AI and machine learning, the mobile industry is looking forward to introducing them into the mobiles.

So, here you can catch a glimpse of the top 5 machine learning toolkits for a mobile developer to be aware of.

Apache PredictionIO

Apache PredictionIO is an effective machine learning server. It is open source in nature and acts as a source stack for the developers and data scientists. Through this tool, a developer can easily build and deploy an engine as a web service on production. It can then be easily utilised by the users, where they can run their own machine learning models seamlessly.

Caffe

The Convolutional Architecture for Fast Feature Embedding or Caffe, is an open-source framework developed by the AI Research of Berkeley. Caffe is growing up to be both powerful and popular as a computer vision framework that the developers can use to run machine vision tasks, image classification and more.

CoreML

CoreML is a machine learning framework from the house of Apple Inc. Through this app, you can implement machine learning models on your iOS. CoreML supports the vision to analyse images, natural language for processing natural language, speech for converting audio to text and even sound analysis for the identification of sounds in audio.

Eclipse Deeplearning4j

Eclipse Deeplearning4j is a formidable deep-learning library and is, in fact, the first commercial-grade, open-source one for Java and Scala. You can also integrate Eclipse with Hadoop and Apache Spark if you want to bring AI into the business environment.

Besides, it also acts as a DIY tool where, the programmers of Java, Scala and Clojure can configure the deep neural networks without any hassles. 

Data Science Machine Learning Certification

Google ML Kit

This is a machine learning software development kit for mobile app developers. Through this app, you can develop countless interactive features that you can run on Android and iOS. Here you will also get some readily available APIs for face recognition, to scan barcodes, labelling images and landmarks. With this app, you just need to feed in the data and see the app at its optimum performance.

These are some peerless Machine Learning toolkits to be incorporated into the mobiles. You can also avail of the Machine Learning course in Delhi if you are interested. 

 


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Application of Harmonic Mean using R and Python

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Application of Harmonic Mean using R and Python

Harmonic mean, for a set of observations is the number of observations divided by the sum of the reciprocals of the values and it cannot be defined if some of the values are zero.

This blog is in continuation with STATISTICAL APPLICATION IN R & PYTHON: CHAPTER 1 – MEASURE OF CENTRAL TENDENCY. However, here we will discover Harmonic mean and its application using Python and R.

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Application:

A milk company sold milk at the rates of 10,16.5,5,13.07,15.23,14.56,12.5,12,30,32, 15.5, 16 rupees per liter in twelve different months (January-December), If an equal amount of money is spent on milk by a family in the ten months. Calculate the average price in rupees per month.

Table for the problem:

Month

Rates (Rupees/Liter)

January

10

February

16.5

March

5

April

13.07

May

15.23

June

14.56

July

12.5

August

12

September

30

October

32

November

15.5

December

16

Calculate Harmonic Mean in R:-

So, the average rate of the milk in rupees/liter is 12.95349 = 13 Rs/liter (Approx)

We get this answer from the Harmonic Mean, calculated in R.

Calculate Harmonic Mean in Python:-

First, make a data frame of the available data in Python.

Now, calculate the Harmonic mean from the following data frame.

So, the average rate of the milk in rupees/liter is 12.953491609077956 = 13 Rs/Liter (Approx)

We get this answer from Harmonic mean, calculated in Python.

Summing it Up:

In this data, we have a few large values which are putting an effect on the average value, if we calculate the average in Arithmetic mean, but in Harmonic mean, we get a perfect average from the data, and also for calculating the average rate.

Use of Harmonic mean is very limited. Harmonic mean gives the largest value to the smallest item and smallest value to the largest item.

Where there are a few extremely large or small values, Harmonic mean is preferable to Arithmetic mean as an average.

The Harmonic mean is mainly useful in averages involving time, rate & price.

Deep Learning and AI using Python

Note – If you want to learn the calculation of Geometric Mean, you can check our post on CALCULATING GEOMETRIC MEAN USING R AND PYTHON.

Dexlab Analytics is a peerless institute for Python Certification Training in Delhi. Therefore, for tailor-made courses in Python, Deep Learning, Machine Learning, Neural Networks, reach us ASAP!

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Summer Internship/Training 101

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Summer Internship/Training 101

Hard Fact: Nowadays, all major organizations seek candidates who are technically sound, knowledgeable and creative. They don’t prefer spending time and money on employee training.  Thus, fresh college graduates face a tricky situation.

Summer internship is a quick solution for them. Besides guaranteeing a valuable experience to the fresh graduates, internship helps them secure a quick job. However, the question is what exactly is a summer internship program and how does it help bag the best job in town?

What Is a Summer Internship?

Summer internships are mostly industrial-level training programs for students who are interested in core technical industry domain. Such internships offer students hands-on learning experience while letting them gain glimpses of the real world – following a practical approach. Put simply, summer trainings enhance skills, sharpen theoretical knowledge and are a great way to pursue a flourishing career. In most cases, the candidates are hired by the companies in which they are interning.

The duration of such internships is mostly between eight to twelve weeks following the college semesters. Mostly, they start from May or June and proceeds through August. So, technically, this is the time for summer internships and at DexLab Analytics, we offer industry-relevant certification courses that break open a gamut of job opportunities. Also, such accredited certifications add value to your CV. They help build powerful CVs.

If you are a college student and from Delhi, NCR, drop by DexLab Analytics! Browse through our business analytics, risk analytics, machine learning and data science course sections. Summer internships are your key to success. Hurry now!

Deep Learning and AI using Python

Why Is It Important?

Summers are crucial. If you are college-goer, you will understand that summertime is the most opportune time to explore diverse career interests without being bogged down by homework or classroom assignments.

Day by day, summer internships are becoming popular. Not only do they expose aspiring candidates to the nuances of the big bad world but also hone their communication skills, create great resumes and make them super confident. Building confidence is extremely important. If you want to survive in this competitive industry, you have to present a confident version of you. Summer training programs are great in this respect. Plus, they add value to your resume. A good internship will help you get noticed by the prospective employers. Always, try to add references; however, ask permission from your supervisors before including their names as references in your resume.

Moreover, summer training gives you the scope to experiment and explore options. Suppose, you are pursuing Marketing Major and bagged an internship in the same, but you are not happy with it. Maybe, marketing is not your thing. No worries! Complete your internship and move on.  

On the other hand, let’s say you are very happy with your selected internship and want to do something in the respective field! Finish the internship, wait for some time and then try for recruitment in the same company where you interned or explore possibilities in the same domain.

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It’s no wonder that summer internships open a roadway of opportunities. The technical aptitude and in-demand skills learned during the training help you accomplish your desired goal in life.

For more advice or expert guide, follow DexLab Analytics.

 

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Now Machine Learning Can Predict Premature Death, Says Research

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Now Machine Learning Can Predict Premature Death, Says Research

Machine Learning yet again added another feather in its cap; a team of researchers tried and tested a suave machine learning system that can now predict early death. Yes, premature death can now be estimated, courtesy a robust technology and an outstanding panel of researchers from the University of Nottingham! At first, it may sound weird and something straight out of a science fiction novel, but fret not – machine learning has proved itself in improving the status of preventive healthcare and now it’s ready to venture into new unexplored medical territories.

Prediction at Its Best

Published in PLOS ONE in one of their special editions of Machine Learning in Health and Biomedicine, the study delves into how myriad AI and ML tools can be leveraged across diverse healthcare fields. The technology of ML is already reaping benefits in cancer detection, thanks to its sophisticated quantitative power. These new age algorithms are well-equipped to predict death risks of chronic diseases way ahead of time from a widely distributed middle-aged population.

To draw clear conclusions, the team collected data of more than half a million people falling within the age group of 40 and 69 from the UK Biobank. The data collection is from the period 2006-2010, followed up till 2016. With this data in tow, the experts analyze biometric, demographic, lifestyle and clinical factors in each individual subject. Robust machine learning models are used in the process.

Adding in, the team observed dietary consumption of vegetables, fruits and meat per day of each subject. Later, the team from Nottingham University proceeded to predict the mortality of these individuals.

“We mapped the resulting predictions to mortality data from the cohort, using Office of National Statistics death records, the UK cancer registry and ‘hospital episodes’ statistics,” says Dr. Stephen Weng, assistant professor of Epidemiology and Data Science.  “We found machine-learned algorithms were significantly more accurate in predicting death than the standard prediction models developed by a human expert.”

Accuracy and Outcome

The researchers involved in this ambitious project are excited to the bones. They are eager about the outcomes. They are in fact looking forward to a time where medical professionals would be able to distinguish potential health hazards in patients with on-point accuracy and evaluate the following steps that would lead the way towards prevention. “We believe that by clearly reporting these methods in a transparent way, this could help with scientific verification and future development of this exciting field for health care”, shares Dr. Stephen Weng.

As closing thoughts, the research is expected to build the foundation of enhanced medicine capabilities and deliver customized healthcare facilities tailoring risk management for each individual patient. The Nottingham research draws inspiration from a similar study where machine learning techniques were used to predict cardiovascular diseases.

Data Science Machine Learning Certification

In case, you are interested in Machine Learning Using Python training course, DexLab Analytics is the place to be. With a volley of in-demand skill training courses, including Python certification training and AI training, we are one of the best in town. For details, check out our official website RN.

 
The blog has been sourced from —
interestingengineering.com/machine-learning-algorithms-are-now-able-to-predict-premature-death
 


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5 Great Takeaways from Machine Learning Conference 2019

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5 Great Takeaways from Machine Learning Conference 2019

Machine Learning Developer Summit, one of the leading Machine Learning conferences of India, happening on the 30th and 31st of January 2019 in Bangalore, aims to assemble machine leaning and data science experts and enthusiasts from all over India. Organized by Analytics India Magazine, this high-level meeting will be the hotspot for conversing about the latest developments in machine learning. Attendees can gather immense knowledge from ML experts and innovators from top tech enterprises, and network with individuals belonging to data sciences. Actually, there are tons of rewards for those attending MLDS 2019. Below are some of the best takeaways:

  1. Creation of Useful Data Lake on AWS

In a talk by reputable Raghuraman Balachandran, Solutions Architect for Amazon Web Services, participants will learn how to design clean, dependable data lakes on AWS cloud. He shall also share his experienced outlook on tackling some common challenges of designing an effective data lake. Mr Balachandran will explain the process to store raw data – unstructured, semi-structured or completely structured – and processed data for different analytical uses.

Data lakes are the most used architectures in data-based companies. This talk will allow attendees to develop a thorough understanding of the concept, which is sure to boost their skill set for getting hired.

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  1. Improve Inference Phase for Deep Learning Models

Deep learning models require considerable system resources, including high-end CPUs and GPUs for best possible training. Even after exclusive access to such resources, there may be several challenges in the target deployment phase that were absent in the training environment.

Sunil Kumar Vuppala, Principal Scientist at Philips Research, will discuss methods to boost the performance of DL models during their inference phase. Further, he shall talk about using Intel’s inference engine to improve quality of DL models run in Tensorflow/Caffe/Keras via CPUs.

  1. Being more employable amid the explosive growth in AI and its demand

The demand for AI skills will skyrocket in future – so is the prediction of many analysts considering the extremely disruptive nature of AI. However, growth in AI skills isn’t occurring at the expected rate. Amitabh Mishra, who is the CTO at Emcure Pharmaceuticals, addresses the gap in demand and development of AI skills, and shall share his expert thoughts on the topic. Furthermore, he will expand on the requirements in AI field and provide preparation tips for AI professionals.

  1. Walmart AI mission and how to implement AI in low-infrastructure situations

In the talk by Senior Director of Walmart Lab, Prakhar Mehrotra, audiences get a view of Walmart’s progress in India. Walmart Lab is a subsidiary of the global chain Walmart, which focuses on improving customer experience and designing tech that can be used with Merchants to enhance the company’s range. Mr Mehrotra will give details about Wallmart’s AI journey, focusing on the advancements made so far.

  1. ML’s important role in data cleansing

A good ML model comes from a clean data lake. Generally, a significant amount of time and resources invested in building a robust ML model goes on data cleansing activities. Somu Vadali, Chief of Future Group’s CnD Labs Data and Products section, will talk about how ML can be used to clean data more efficiently. He will speak at length about well-structured processes that allow organizations to shift from raw data to features in a speedy and reliable manner. Businesses may find his talk helpful to reduce their time-to-market for new models and increase efficiency of model development.

Machine learning is the biggest trend of IT and data science industry. In fact, day by day it is gaining more prominence in the tech industry, and is likely to become a necessary skill to get bigger in all fields of employment. So, maneuver your career towards excellence by enrolling for machine learning courses in India. Machine learning course in Gurgaon by DexLab Analytics is tailor-made for your specific needs. Both beginners and professionals find these courses apt for their growth.

 

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Decoding the Equation of AI, Machine Learning and Python

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Decoding the Equation of AI, Machine Learning and Python

AI is an absolute delight. Not only is it considered one of the most advanced fields in the present computer science realm but also AI is a profit-spinning tool leveraged across diverse industry verticals.

In the past few years, Python also seems to be garnering enough fame and popularity. Ideal for web application development, process automation, web scripting, this wonder tool is a very potent programming language in the world. But, what makes it so special?

Owing to ease of scalability, learning and adaptability of Python, this advanced interpreted programming language is the fastest growing global language. Plus, its ever-evolving libraries aid it in becoming a popular choice for projects, like mobile app, data science, web app, IoT, AI and many others.

Python, Machine Learning, AI: Their Equation

Be it startups, MNCs or government organizations, Python seem to be winning every sector. It provides a wide array of benefits without limiting itself to just one activity – its popularity lies in its ability to combine some of the most complex processes, including machine learning, artificial intelligence, data science and natural language processing.

Deep learning can be explained as a subset of a wider arena of machine learning. From the name itself you can fathom that deep learning is an advanced version of machine learning where intelligence is being harnessed by a machine generating an optimal or sub-optimal solution.

Combining Python and AI

Lesser Coding

AI is mostly about algorithms, while Python is perfect for developers who are into testing. In fact, it supports writing and execution of codes. Hence, when you fuse Python and AI, you drastically reduce the amount of coding, which is great in all respects.

Encompassing Libraries

Python is full of libraries, subject to the on-going project. For an instance, you can use Numpy if you are into scientific computation – for advanced computing, you have put your bet on SciPy – whereas, for machine learning, PyBrain is the best answer.

A Host of Resources

Entirely open source powered by a versatile community, Python provides incredible support to developers who want to learn fast and work faster. The huge community of web developers are active worldwide and willing to offer help at any stage of the development cycle.

Better Flexibility

Python is versatile. It can be used for a variety of purposes, right from OOPs approach to scripting. Also, it performs as a quintessential back-end and successfully links different data structures with one another.

Perfect for Today’s Millennial

Thanks to its flexibility and versatility, Python is widely popular amongst the millennials. You might be surprised to hear that it is fairly easier to find out Python developers than finding out Prolog or LISP programmers, especially in some countries. Encompassing libraries and great community support helps Python become the hottest programming language of the 21st century.

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Some of the most popular Python libraries for AI are:

  • AIMA
  • pyDatalog
  • SimpleAI
  • EasyAI

Want to ace problem-solving skills and accomplish project goals, Machine Learning Using Python is a sure bet. With DexLab Analytics, a recognized Python Training Center in Gurgaon, you can easily learn the fundamentals and advance sections of Python programming language and score goals of success.

 

The blog has been sourced from ― www.information-age.com/ai-machine-learning-python-123477066

 


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How Machine Learning and AI is Influencing Logistics, Supply Chain & Transportation Management

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How Machine Learning and AI is Influencing Logistics, Supply Chain & Transportation Management

More than 65% of top transportation professionals agree that logistics and supply chain management is in the midst of a revolution – a period of incremental transformation. And, the most potent drivers of change are none other than machine learning and artificial intelligence.

Top notch companies are already found leveraging the tools of artificial intelligence and machine learning for fine-tuning its superior strategies, including warehouse location scouting and enhancing real-time decision-making. Though these advanced technologies nurture large chunks of data, the logistic industry has for long been hoarding piles of data. Today, the difference lies in the gargantuan volume of data, as well as the existence of powerful algorithms to inspect, evaluate and trigger the process of understanding and its respective action.

Below, we will understand how AI streamlines logistics and transportation functionalities, influencing profitability and client satisfaction. Day by day, more companies are fusing Artificial Intelligence with Internet of Things to administer logistics, inventory and suppliers, backed by a certain amount of precision and acumen. Let’s delve deeper!

Predictive Maintenance

AI-powered Sensors monitor operational conditions of machines; thus can detect discrepancies even before the scheduled machine servicing based on manufacturer’s recommendation. Then they alert the technicians prior to any potential equipment failure or service disorientation. Thanks to real-time wear and tear!

For Machine Learning training course, drop by DexLab Analytics…

Shipping Efficiency

Powerful algorithms are constantly used to tackle last minute developments, including picking the best alternate port in case the main port is non-operational or something like that, planning beforehand if the main carrier cancels a booking and even gauging times-of arrival.

Machine Learning capabilities are also put to use for estimating the influence of extreme weather conditions on shipping schedules. Location specific weather forecasts are integral to calculate potential delays in shipments.

Warehouse Management

Machine learning has the ability to determine inventory and dictate patterns. It ascertains the items which are selling and are to be restocked on a priority basis, and items which need sound remarketing strategy.

Voice recognition is a key tool that uses AI to ensure efficiency and accuracy through successful Warehouse Management System – a robotic voice coming out of a headset says which item to pick and from where, enabling a fast process of warehousing and dispatching of goods.

Once, the worker founds the item, he/she reads out the number labeled on them, which the system then tallies with its own processed data list through speech recognition and then confirms the picked item for the next step.  The more the system is put to use, the more trained it gets. Over time, the system learns the workers’ tone and speech patterns, resulting into better efficiency and faster work process.

Delivery

 A majority of shipping companies are competing with each other to have the most robust and efficient delivery service, because delivery is the final leg of a logistic journey. And it’s vitally important – predictive analytics is used to constantly maneuver driver routes, and plan and re-plan delivery schedules.

DHL invests on semi-autonomous vehicles that drive independently without human intervention carrying deliverables to people across urban communities. Another company, Starship Technologies, founded by the co-founders of Skype employs six-wheeled robots across London packed with hi-tech cameras and GPS. The robots are stuffed with cutting edge technology, but are controlled by humans so that they can take charge as and when required minimizing any negative outcomes.

Overall, artificial intelligence and machine learning has started augmenting human role for efficient logistics and transportation management. With all the recent developments in the technology sphere, it’s only a matter of time until AI becomes a necessary management part of supply chain.

Data Science Machine Learning Certification

And of course all this excites us to the core! If you are excited too, then please check out our brand new Machine Learning Using Python training courses. We combine theoretical knowledge merged with practical expertise to ensure students get nothing but the best!

The blog has been sourced from:

https://www.forbes.com/sites/insights-penske/2018/09/04/how-artificial-intelligence-and-machine-learning-are-revolutionizing-logistics-supply-chain-and-transportation/#eb663dd58f5d
https://aibusiness.com/streamline-supply-chain-ai
 


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