Tabular data analysis with deep neural nets.
Deep neural networks (DNNs) have emerged as a powerful tool for analyzing tabular data, offering advantages over traditional methods like Random Forests and Gradient Boosting Machines. Unlike these conventional techniques, DNNs require minimal feature engineering and maintenance, making them suitable for various applications, including fraud detection, sales forecasting, and credit risk assessment. Notably, companies like Pinterest have transitioned to neural networks from gradient boosting machines, citing improved accuracy and reduced need for feature engineering.