Fueled by data: ‘machine learning’ detects fuel waste, fraud

Machine learning is in the applications we use daily. Netflix uses it to recommend movies, Facebook to tag our friends in photos, and Google and Microsoft to automatically deposit unwanted email in the junk folder.The term describes methods for using statistical models, real-time analysis and algorithms to find patterns in data and deliver instant recommendations.Machine learning is in a number of fleet management systems as well, particularly those with a large volume of transactions, like fuel.Fleets of all kinds have used electronic payment systems for more than 30 years to control the locations, gallon and dollar limits of their fuel transactions. Their “card controls” do not always stop transactions that are wasteful or fraudulent, however.Drivers might use company fuel cards to buy premium grade instead of regular gasoline, to purchase at locations with high…

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