Applications of Neural Networks

They can perform tasks that are easy for a human but difficult for a machine −

      Aerospace Autopilot aircrafts, aircraft fault detection.

      Automotive Automobile guidance systems.

      Military Weapon orientation and steering, target tracking, object discrimination, facial recognition, signal/image identification.

      ElectronicsCode sequence prediction, IC chip layout, chip failure analysis, machine vision, voice synthesis.

      FinancialReal estate appraisal, loan advisor, mortgage screening, corporate bond rating, portfolio trading program, corporate financial analysis, currency value prediction, document readers, credit application evaluators.

      Industrial Manufacturing process control, product design and analysis, quality inspection systems, welding quality analysis, paper quality prediction, chemical product design analysis, dynamic modeling of chemical process systems, machine maintenance analysis, project bidding, planning, and management.

      MedicalCancer cell analysis, EEG and ECG analysis, prosthetic design, transplant time optimizer.

      SpeechSpeech recognition, speech classification, text to speech conversion.

      Telecommunications Image and data compression, automated information services, real-time spoken language translation.

      Transportation Truck Brake system diagnosis, vehicle scheduling, routing systems.

      SoftwarePattern Recognition in facial recognition, optical character recognition, etc.

      Time Series PredictionANNs are used to make predictions on stocks and natural calamities.

      Signal Processing Neural networks can be trained to process an audio signal and filter it appropriately in the hearing aids.

      ControlANNs are often used to make steering decisions of physical vehicles.

      Anomaly Detection As ANNs are expert at recognizing patterns, they can also be trained to generate an output when something unusual occurs that misfits the pattern.