Where Are We With Cognitive Computing Today? Part 1.

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By Sue Feldman, founder and CEO, Synthexis

Cognitive computing is emerging as a significant part of the next generation of computing. Because it is early days in this new generation of computing, there is still no widespread understanding of what it is and how it differs from some of its relatives: AI, internet of things, machine learning, conversational systems, bots, or NLP. We see in both the US and in Europe that companies are very interested, but are mostly still at the experimentation and proof of concept stage.

We will be tracking some of these projects as they develop their cognitive applications and roll them out more broadly. There is no question, though, that interest is high, and that the ability to augment and assist users, as well as to move from static to dynamic systems has great appeal.

I recently had the opportunity to attend a focus group, sponsored by SAS Institute, on cognitive computing adoption outside the US. Attendees came from Denmark, Japan, Finland, Serbia, Netherlands, Sweden, Switzerland, India and Ireland. They represented financial services, telecom, consumer product manufacturers, government agencies, and airline companies. Here are some gleanings from their wide-ranging discussion.

How are you using or how do you expect to use cognitive computing?

  • Automatically revise and evolve rules to expedite adaptation
  • Uncover and improve best business practices and processes
  • Detect patterns of behavior. Detect abnormalities. Identify risks.

Augment human agents who can’t handle the current workload by automating the more predictable aspects of the job.

Read the source article at Cognitive Computing Consortium.