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Simulating human thought processes and supplementing information for humans to solve complex problems and make decisions, Cognitive Computing can powerfully incentivize organizations to automate the processes previously thought of as not automatable.
Using the blend of technologies similar to Artificial Intelligence like Machine Learning, Deep Learning, Natural Language Processing, Neural Networks, etc, These decision support systems outshines its ability to analyze patterns, simplify processes by examining large amounts of volumetric data, and spot business opportunities. With the help of computerized models using self-learning technologies like data mining, pattern recognition, and natural language processing, Cognitive computing synthesizes the data fed to machine learning algorithms from different information sources to suggest the best possible answers. Pitching on the grounds of learning, reasoning, and self-correction and assisting humans to make smarter decisions, Cognitive Computing applications include speech recognition, sentiment analysis, face detection, risk assessment, and fraud detection.
Built to work in sync with humans with the power to learn and behave like humans, will this technology shake up the status quo of humans with replacement to machines?
- MADHAVI DESAI