Forecasting
Demand, churn, support load.
Machine learning refers to methods that let a system learn patterns from data instead of hand-coding every rule. Classification, regression, clustering, and generative models are in scope. Google’s ML Crash Course, ISO/IEC 23053, and the NIST AI RMF frame practices, lifecycles, and risk.
In one sentence
ML learns regularities in data to predict or decide.
Key points
Term at a glance
Instead of writing “if amount > X then fraud,” you train on historical examples. The system generalizes to new cases—with measurable error.
ISO/IEC 23053 provides a framework for ML systems; NIST AI RMF stresses risk governance across the lifecycle.
For an SME, starting small (lead scoring, demand forecast, ticket triage) often beats a vague “AI” program.
What action changes if the prediction is good?
Sources, labels, bias, leakage.
Simple baseline, business metrics, frozen test set.
Latency, drift, human feedback loop.
A Montreal delivery company predicts delays from history (weather, zone, volume). High-risk routes are reordered each morning. After three months, off-SLA deliveries drop 12%—no LLM, just a supervised tabular model.
Demand, churn, support load.
Leads, internal credit, prioritization.
Fraud, failures, quality outliers.
Business OCR, document classification.
| Machine learning | Hard-coded business rules | |
|---|---|---|
| Adaptation | Learns complex patterns | Manual if/then updates |
| Transparency | Variable (often gray box) | Fully explicit |
| Data | Needs history | Works without rich history |
| Best fit | Strong statistical signal | Strict regulatory policies |
Once you have history (sales, tickets, sensors), ML can prioritize and anticipate. The trap is chasing a flashy demo instead of a measurable decision that pays for the project.
Not always. Regression, forests, gradient boosting cover many tabular cases.
Enough to cover important cases and evaluate honestly—volume alone guarantees nothing.
Document purposes, minimize attributes, manage explainability when decisions affect people.
Plan data/ML ownership and a retrain schedule from day one.
Have data and a decision to improve? We frame a measurable ML case before any algorithm.
Frame an ML project