Federated AI for Real-World Business Scenarios

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(as of Dec 24,2024 19:44:43 UTC – Details)

ASIN ‏ : ‎ B099F6VG2Q
Publisher ‏ : ‎ CRC Press; 1st edition (September 30, 2021)
Publication date ‏ : ‎ September 30, 2021
Language ‏ : ‎ English
File size ‏ : ‎ 8567 KB
Simultaneous device usage ‏ : ‎ Up to 4 simultaneous devices, per publisher limits
Text-to-Speech ‏ : ‎ Not enabled
Enhanced typesetting ‏ : ‎ Not Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Not Enabled
Print length ‏ : ‎ 218 pages
Format ‏ : ‎ Print Replica

Federated AI, also known as collaborative or decentralized AI, is a cutting-edge approach that allows multiple parties to collaboratively build and train machine learning models without sharing their sensitive data. This revolutionary technology holds immense potential for real-world business scenarios, offering a secure and efficient way to leverage the power of AI without compromising data privacy.

In industries such as healthcare, finance, and manufacturing, where privacy and security are paramount, federated AI can enable organizations to extract valuable insights from their data while ensuring compliance with regulations like GDPR and HIPAA. By allowing companies to pool their data resources and collectively train machine learning models, federated AI opens up new possibilities for collaboration and innovation.

For example, in the healthcare sector, federated AI can be used to develop predictive models for disease diagnosis and treatment recommendations by aggregating patient data from multiple hospitals and research institutions. Similarly, in finance, federated AI can help detect fraudulent transactions and assess credit risk by analyzing data from different financial institutions while protecting sensitive customer information.

Overall, federated AI has the potential to revolutionize how businesses approach AI and machine learning, enabling them to unlock the full potential of their data assets while prioritizing data privacy and security. As this technology continues to evolve, we can expect to see even more innovative applications in a wide range of industries, driving growth, efficiency, and competitiveness in the global marketplace.
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