Preprint Review Version 1 Preserved in Portico This version is not peer-reviewed

How Automated Machine Learning Can Boost Business

Version 1 : Received: 3 September 2024 / Approved: 5 September 2024 / Online: 5 September 2024 (08:08:49 CEST)

How to cite: Rosário, A. T.; Boechat, A. C. How Automated Machine Learning Can Boost Business. Preprints 2024, 2024090426. https://doi.org/10.20944/preprints202409.0426.v1 Rosário, A. T.; Boechat, A. C. How Automated Machine Learning Can Boost Business. Preprints 2024, 2024090426. https://doi.org/10.20944/preprints202409.0426.v1

Abstract

Automated Machine Learning (AutoML) is revolutionizing how businesses utilize data, making advanced analytics accessible to a broader range of organizations. By automating complex tasks like data preprocessing, model selection, and hyperparameter tuning, AutoML reduces the time and resources needed to develop and deploy machine learning models. This accelerates decision-making and enables quicker responses to market changes. AutoML empowers businesses to build accurate predictive models using sophisticated algorithms, optimizing model performance for reliable insights and better outcomes. A key advantage of AutoML is its accessibility; even organizations without a dedicated data science team can leverage machine learning, reducing technical barriers and democratizing innovation. As businesses grow, AutoML scales to handle larger datasets and more complex problems without extensive manual intervention. AutoML enhances efficiency, accuracy, and scalability, becoming a crucial driver of business innovation and success. The systematic review will examine the bibliometric literature on how AutoML can boost business, analyzing 74 academic and scientific documents from the Scopus database.

Keywords

automated machine learning; business

Subject

Business, Economics and Management, Business and Management

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our Diversity statement.

Leave a public comment
Send a private comment to the author(s)
* All users must log in before leaving a comment
Views 0
Downloads 0
Comments 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.