Machine learning is one of the most valuable skills that a data science professional can have in 2024.
According to this report from Gartner, as the adoption of machine learning continues to grow across industries, it is evolving from mere predictive algorithms to a more data-centric discipline.
Machine learning case studies are in-depth analyses of real-world business problems in which machine learning techniques are applied to solve the problem or provide insights.
If you’re looking for an updated list of machine learning case studies to explore, you’re in the right place. Read on for our hand-picked case studies and tips on solving them.
Employers are often concerned that their recruits lack business acumen or data-handling skills. Working on real-world case studies and adding them to your resume will showcase your hands-on expertise, thereby bolstering your CV.
We’ve seen numerous examples where adding relevant personal and academic projects to interviewees’ resumes has helped them get their foot in the door.
Case studies often highlight tools and techniques currently in demand within a particular industry. By studying them, you can tailor your preparation strategy to acquire these skills, aligning your expertise with what leading tech firms are looking for.
This will enhance your prospects in a very competitive job market.
Industries leverage data science and machine learning in different ways. By examining case studies across healthcare, finance, or retail, you’ll gain insight into how ML solutions are customized to meet industry-specific challenges.
For example, suppose you are planning to interview at a banking organization.
In that case, you can leverage what you learned to discuss industry-relevant ML applications and propose solutions to common banking and financial challenges. This will help you land specialized roles that are much more lucrative than general data roles.
With these benefits in mind, let’s explore the top 15 machine learning case studies that are particularly relevant in 2024.
We’ve curated examples that highlight the innovative use of AI and ML technologies and reflect common business challenges in today’s job market.
Starbucks aims to enhance customer engagement and loyalty by delivering personalized offers and recommendations.
The goal is to analyze customer data to uncover patterns and preferences for tailoring marketing efforts and increase customer satisfaction by making each customer feel uniquely understood.
Amazon employs a dynamic pricing model to avoid updating prices manually. It uses sophisticated algorithms to adjust prices in real time based on demand, competitor pricing, inventory levels, and customer behavior to achieve maximum profitability.
Here is an interesting pricing problem for calculating electricity consumption.
Another case study from Amazon—its fraud detection system uses machine learning to identify and prevent fraudulent transactions as they occur.
Here is our takehome project on a similar business problem: detecting credit card fraud.
Netflix’s recommendation engine analyzes individual viewing habits to suggest shows and movies that users are likely to enjoy.
This personalization is critical for enhancing user satisfaction and engagement and driving continued subscription renewals.
For more practice, the MovieLens dataset is a classic choice for building recommendation systems.
Google’s search engine uses complex machine learning algorithms to analyze, interpret, and rank web pages based on their relevance to user queries.
The core of it involves crawling, indexing, and ranking web pages using various signals to deliver the most relevant results.
In the telecom industry, customer churn prediction models identify customers likely to cancel their services.
This allows companies to address at-risk customers with targeted interventions.
The Telco Customer Churn dataset on Kaggle is very popular for customer churn prediction projects.
Machine learning models are increasingly used by financial companies to streamline and improve the decision-making process for loan applications.
These models analyze applicants’ financial data, credit history, and other relevant variables to predict the likelihood of default.
Here is a list of more fintech projects to try.
LinkedIn leverages advanced algorithms to connect job seekers with the most relevant opportunities.
This system analyzes job postings and user profiles to make accurate recommendations that align with the user’s career goals and the employer’s needs.
Twitter’s contextual ad placement system dynamically serves ads based on real-time analysis of user interactions.
Uber’s demand forecasting model leverages machine learning to predict future ride demand in various geographic areas.
This system helps optimize the allocation of drivers while maximizing earnings.
These systems analyze vast amounts of data, including previous bookings, user ratings, search queries, and user demographics, to predict hotels that a customer might prefer.
This approach enhances user satisfaction and boosts booking conversion rates for platforms.
Here is an interesting takehome problem on recommending Airbnb homes to users.
IBM’s The Weather Company harnesses advanced machine learning and artificial intelligence to enhance the accuracy of weather forecasts.
Through these tools, IBM aims to provide precise weather predictions that can inform decisions ranging from agriculture to disaster response.
Zillow’s house price prediction, well-known through its “Zestimate” feature, utilizes machine learning to estimate the market value of homes across the US.
This system analyzes data from various sources, including property characteristics, location, market conditions, and historical transaction data to generate a market value in near real time.
Tesla’s Autopilot system is a highly advanced driver-assistance system that uses machine learning to enable its vehicles to steer, accelerate, and brake automatically under the driver’s supervision.
The system relies on a combination of sensors, cameras, and algorithms to interpret the vehicle’s surroundings, make real-time driving decisions, and learn from diverse driving conditions.
GE Healthcare leverages machine learning to enhance the analysis of medical images to improve the accuracy and efficiency of diagnostics across various medical fields.
This technology allows for more precise identification and evaluation of anomalies in medical imaging, such as MRI, CT scans, and X-rays.
As an extension, we also have an article on healthcare data science and machine learning projects, which we highly recommend you check out.
Spotify’s recommendation system uses machine learning to curate personalized playlists and suggest songs to users based on their listening habits.
The system enhances user engagement by discovering new music that aligns with individual tastes, leading to more time spent on the platform and increased subscription retention.
Here is a resource we have on other music machine-learning data science projects.
In the manufacturing industry, machine downtime can lead to significant financial losses. Predictive maintenance uses machine learning to anticipate equipment failures before they occur, allowing for timely maintenance and reducing unplanned downtime.
Employers look for candidates with a mix of technical and soft skills.
Some competencies you can develop through exploring and analyzing case studies are problem-solving, critical thinking, better data interpretation, an understanding of commonly used ML algorithms, and coding skills in relevant languages.
We recommend that you work on these problems in addition to reading up on them. You can use public datasets provided by Kaggle or UCI Machine Learning Repository or Interview Query’s storehouse of takehome assignments.
To help you get started, we’ve created a comprehensive guide on how to start a data analytics project.
The examples we’ve provided in the list above are a mix of beginner-friendly and advanced ML case studies.
There are more beginner-friendly cases you can explore on Kaggle, such as the iris flower classification, Titanic survival predictions, and basic revenue forecasting for e-commerce.
We’ve also compiled a list of data science case studies categorized by difficulty level.
You can tailor your resume to highlight ML case studies or projects you’ve worked on that match the skills and industry you’re applying to.
For each project, provide a concise title and description of what the project entailed, the tools and techniques used, and its outcomes.
Wherever possible, quantify the impact of the project, for example, the model’s accuracy. Use action verbs like “developed,” “built,” “implemented,” or “analyzed” to increase persuasion.
Lastly, rehearse how you would present your project in an interview, an often overlooked step in getting selected. On a related note, you can try a mock interview with us to test your current preparedness for a project presentation.
To wrap up, staying updated on, exploring, and implementing machine learning case studies is a clever strategy to showcase your hands-on experience and set you apart in a competitive job market.
Plan your interview strategy, considering the perspective of your desired future employer and tailoring your project selection to the skills they want to see.
Here at Interview Query, we offer multiple learning paths, interview questions, and both paid and free resources you can use to upskill for your dream role. You can access specific interview questions, participate in mock interviews, and receive expert coaching.
If you have a specific company in mind to apply to, check out our company interview guide section, where we have detailed company and role-specific preparation guides. We have guides for all the companies that are mentioned in our case study list, including Uber, Tesla, Amazon, Google, and Netflix.
We hope this discussion has been helpful. If you have any other questions, don’t hesitate to reach out to us or explore our blog.