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Business Applications of Neural Networks:The State-of-the-Art of Real-World Applications

Author

Listed:
  • Paulo J G Lisboa

    (Liverpool John Moores University, England)

  • Alfredo Vellido

    (Liverpool John Moores University, England)

  • Bill Edisbury

    (Npower Limited, England)

Abstract

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.

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Suggested Citation

  • Paulo J G Lisboa & Alfredo Vellido & Bill Edisbury, 2000. "Business Applications of Neural Networks:The State-of-the-Art of Real-World Applications," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 4238.
    • Handle: RePEc:wsi:wsbook:4238
    as

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