IBM Watson blends existing and innovative technology into a new approach called cognitive computing. At the simplest operational level it is technology for asking natural language-based questions, getting answers and support appropriate action to be taken or provide information to make more informed decisions. The technology relies on massive processing power to yield probabilistic responses to user questions using sophisticated analytical algorithms. A cognitive system like Watson accesses...
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Topics:
Big Data,
Machine Learning,
Operational Performance Management (OPM),
Business Analytics,
Business Intelligence,
IBM,
Business Performance Management (BPM),
Cognitive Computing,
Customer Performance Management (CPM),
Expert Systems,
Financial Performance Management (FPM),
IBM Watson,
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)
Business analytics has become the highest ranked technology innovation, according to our benchmark research on business technology innovation, but a lack of trained resources and inefficient technology have hampered the best of organizations when they attempt to roll out analytics. Our benchmark research on business analytics in 2012 found that the majority of analysts in organizations spend more of their time on data-related activities than on analytic tasks, and our 2013 research on business...
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Topics:
Big Data,
Social Media,
Narrative Science,
Operational Performance Management (OPM),
Business Analytics,
Business Collaboration,
Business Intelligence,
CIO,
Cloud Computing,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Expert Systems,
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Digital Technology
