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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

23 November 2024

Neural Networks (Glossary)

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Neural networks are particularly at home in the fields of artificial intelligence, digital transformation, big data and smart data. They are among the most important technologies when it comes to automatically analysing large volumes of data and making decisions or recognising patterns.

A neural network is a computer programme inspired by the functioning of the human brain. It consists of many artificial "neurons" that record, transmit and process information. In this way, a neural network learns to solve tasks better and better - just as we humans learn through practice.

An illustrative example: when shopping online, a neural network can recognise which products a customer is likely to find interesting. To do this, it analyses previous purchases, search queries and other data. The system gradually realises which recommendations are well received - and adapts its suggestions independently.

Neural networks play an important role in areas such as speech recognition, translations or recognising images and patterns in large amounts of data. They enable companies to automate processes and tailor their offerings to the needs of their customers.

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