Find it hard to extract and utilise valuable knowledge from the ever-increasing data deluge? If so, this book will help, as it explores pattern recognition technology and its concomitant role in extracting useful information to build technical and business models to gain competitive industrial advantage. It is based on first-hand experience in the practice of pattern recognition technology and its development and deployment for profitable application in Industry. Phiroz Bhagat is often referred to as the pioneer of neural net and pattern recognition technology, and is uniquely qualified to write this book. He brings more than two decades of experience in the real-world application of cutting-edge technology for competitive advantage in industry. Two wave fronts are upon us today: we are being bombarded by an enormous amount of data, and we are confronted by continually increasing technical and business advances. Ideally, the endless stream of data should be one of our major assets. However, this potential asset often tends to overwhelm rather than enrich.; Competitive advantage depends on our ability to extract and utilize nuggets of valuable knowledge and insight from this data deluge. The challenges that need to be overcome include the under-utilization of available data due to competing priorities, and the separate and somewhat disparate existing data systems that have difficulty interacting with each other. Conventional approaches to formulating models are becoming progressively more expensive in time and effort.
EAN/ISBN : 9780080456027
Publisher(s): Elsevier Science
Format: ePub/PDF

Author(s): Bhagat, Phiroz