Artificial Neural Network Applications In Business And Engineering

In today’s modernized market, various disciplines continue to search for universally functional technologies that improve upon traditional processes. Artificial neural networks are a set of statistical modeling tools that are capable of processing nonlinear data with strong accuracy. Due to their complexity, utilizing their potential was previously seen as a challenge. However, with the development of artificial intelligence, this technology has proven to be an effective and efficient problem-solving method. Artificial Neural Network Applications in Business and Engineering is an essential reference source that illustrates recent advancements of artificial neural networks in various professional fields, accompanied by specific case studies and practical examples. Featuring research on topics such as training algorithms, transportation, and computer security, this book is ideally designed for researchers, students, developers, managers, engineers, academicians, industrialists, policymakers, and educators seeking coverage on modern trends in artificial neural networks and their real-world implementations.

Artificial neural networks (ANNs) present many benefits in analyzing complex data in a proficient manner. As an effective and efficient problem-solving method, ANNs are incredibly useful in many different fields. From education to medicine and banking to engineering, artificial neural networks are a growing phenomenon as more realize the plethora of uses and benefits they provide. Due to their complexity, it is vital for researchers to understand ANN capabilities in various fields. The Research Anthology on Artificial Neural Network Applications covers critical topics related to artificial neural networks and their multitude of applications in a number of diverse areas including medicine, finance, operations research, business, social media, security, and more. Covering everything from the applications and uses of artificial neural networks to deep learning and non-linear problems, this book is ideal for computer scientists, IT specialists, data scientists, technologists, business owners, engineers, government agencies, researchers, academicians, and students, as well as anyone who is interested in learning more about how artificial neural networks can be used across a wide range of fields.

Artificial Neural Networks for Engineering Applications presents current trends for the solution of complex engineering problems that cannot be solved through conventional methods. The proposed methodologies can be applied to modeling, pattern recognition, classification, forecasting, estimation, and more. Readers will find different methodologies to solve various problems, including complex nonlinear systems, cellular computational networks, waste water treatment, attack detection on cyber-physical systems, control of UAVs, biomechanical and biomedical systems, time series forecasting, biofuels, and more. Besides the real-time implementations, the book contains all the theory required to use the proposed methodologies for different applications. Presents the current trends for the solution of complex engineering problems that cannot be solved through conventional methods Includes real-life scenarios where a wide range of artificial neural network architectures can be used to solve the problems encountered in engineering Contains all the theory required to use the proposed methodologies for different applications

"For professionals, students, and academics interested in applying neural networks to a variety of business applications, this reference book introduces the three most common neural network models and how they work. A wide range of business applications and a series of global case studies are presented to illustrate the neural network models provided. Each model or technique is discussed in detail and used to solve a business problem such as managing direct marketing, calculating foreign exchange rates, and improving cash flow forecasting."

"This book introduces and explains Higher Order Neural Networks (HONNs) to people working in the fields of computer science and computer engineering, and how to use HONNS in these areas"--Provided by publisher.

Provides an up-to-date integration of expert systems with fuzzy logic and neural networks. Includes coverage of simulation models not present in other books. Presents cases and examples taken from the authors' experience in research and applying the technology to real-world situations.

Neural networks are increasingly being used in real-world business applications and, in some cases, such as fraud detection, they have already become the method of choice. Their use for risk assessment is also growing and they have been employed to visualise complex databases for marketing segmentation. This boom in applications covers a wide range of business interests -- from finance management, through forecasting, to production. The combination of statistical, neural and fuzzy methods now enables direct quantitative studies to be carried out without the need for rocket-science expertise. This book reviews the state-of-the-art in current applications of neural-network methods in three important areas of business analysis. It includes a tutorial chapter to introduce new users to the potential and pitfalls of this new technology.

Artificial neural network research is one of the new directions for new generation computers. Current research suggests that open box artificial higher order neural networks (HONNs) play an important role in this new direction. HONNs will challenge traditional artificial neural network products and change the research methodology that people are currently using in control and recognition areas for the control signal generating, pattern recognition, nonlinear recognition, classification, and prediction. Since HONNs are open box models, they can be easily accepted and used by individuals working in information science, information technology, management, economics, and business fields. Emerging Capabilities and Applications of Artificial Higher Order Neural Networks contains innovative research on how to use HONNs in control and recognition areas and explains why HONNs can approximate any nonlinear data to any degree of accuracy, their ease of use, and how they can have better nonlinear data recognition accuracy than SAS nonlinear procedures. Featuring coverage on a broad range of topics such as nonlinear regression, pattern recognition, and data prediction, this book is ideally designed for data analysists, IT specialists, engineers, researchers, academics, students, and professionals working in the fields of economics, business, modeling, simulation, control, recognition, computer science, and engineering research.