Reference no: EM132897673

Techlyst is an information technology (IT) company that specializes in providing IT consultancy services to businesses requiring to upgrade/implement various IT systems. You are the head IT analyst at Techlyst. Your key role is to understand business and technology needs. Provide suggestions for designing, analyzing and implementing efficient IT systems. Further to your role, you will be responsible for gathering feedback from end users to continue improving systems. A key stakeholder has requested your services in analyzing and providing a detailed informative report on the following:

1. A neural network (NN) is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. The stakeholder wishes to upgrade their current sales forecasting system, by including a neural network for time-series predictions. You were requested by the stakeholder to conduct a presentation to his/her sales department elaborating on the concept of time series prediction used in neural networks, types of neural networks and related benefits neural networks will offer to their company.

2. The neural network system will be dependent on a Cloud platform/system. Provide a report to the stakeholder informing him/her on the common data security risks related to Cloud computing.