Foundational Concepts
Machine Learning (ML)
A method where computers learn patterns from data rather than being explicitly programmed.
Definition
Traditional software follows rules that a programmer writes out in detail: 'if the invoice date is missing, flag an error.' Machine learning takes a different approach: you feed the system thousands of examples — invoices with and without errors — and it learns the patterns itself. This makes it possible to solve problems that are too complex to write rules for, such as spotting fraudulent transactions or predicting which customers are likely to leave. LLMs are a particular type of machine learning.
Why this matters for your business
Machine learning is already embedded in tools most businesses use daily — from spam filters and fraud detection to forecasting and recommendation engines. Deploying it deliberately, rather than inheriting it through vendor software, gives businesses a competitive edge.
Related Terms
Deep Learning
A subset of machine learning that uses layered networks loosely inspired by the human brain.
Artificial Intelligence (AI)
The broad field of building computer systems that can perform tasks usually requiring human intelligence.
Training Data
The text, documents, or other content an AI learns from during its development.
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Disclaimer
This definition is provided for educational and informational purposes only. It represents a general explanation of a technical concept and does not constitute professional, technical, or investment advice. Artificial intelligence is a rapidly evolving field; terminology, techniques, and capabilities change frequently. Coaley Peak Ltd makes no warranty as to the accuracy, completeness, or currency of the information provided. Nothing on this page should be relied upon as the sole basis for commercial, technical, legal, or investment decisions without independent professional advice.
Document reference: ISO_webpage_knowledge-base_glossary_v1
Last modified: 29 March 2026
Knowledge Base·Foundational Concepts·Machine Learning (ML)