Introduction to artificial neural networks

A neural network is a data processing system consisting of a large number of simple, highly interconnected processing elements in an architecture inspired by the structure of the cerebral cortex portion of the brain. Hence, neural networks are often capable of doing things which humans or animals do well but which conventional computers often do poorly. Neural networks have emerged in the past few years as an area of unusual opportunity for research, development and application to a variety of real world problems. Indeed, neural networks exhibit characteristics and capabilities not provided by any other technology. Examples include reading Japanese Kanji characters and human handwriting, reading typewritten text, compensating for alignment errors in robots, interpreting very “noisy” signals (e.g. electrocardiograms), modeling complex systems that cannot be modelled mathematically, and predicting whether proposed loans will be good or fail. This paper presents a brief tutorial on neural networks and briefly describes several applications