Even though neural networks have established as an alternative to traditional statistical models, few examples can be found of real-world applications. Can you provide me with any up-to-date reference?
Neural networks are used in pattern recognition and as basis for machine learning. Applications range from recognition of number plates in traffic control, prediction of energy consumption, social media analysis and targeted marketing/advertising as well as fraud detection to name just a few.
Neural network are used in the area of energy, let say I am focusing on this area, for example, for building and predicting energy (See references below)
Other area at the moment image recognition, the deep learning ... see the link to Microsoft