Cognitive Computing
Cognitive
Computing has brought the power of Artificial Intelligence (AI) to
enterprises across the globe, letting them make better decisions and
that too, at a lightning-fast pace. Combined with the power of the
cloud, Cognitive becomes more accessible and easy-to-implement.
So,
what does this mean for enterprises undergoing digital transformation?
What would an implementation roadmap look like, if you’re looking to get
measurable ROI from your cognitive systems? In this series of blogs, we
consider these critical questions and offer answers, as well as a
glance at future possibilities.
What is Cognitive Computing?
Cognitive
Computing refers to machine systems that can mimic human understanding
of the environment, bringing an immense level of contextualization and
intelligence to business processes. Cognitive Computing is closely
related to artificial intelligence and its multiple subsumed
technologies (image recognition, pattern recognition, machine learning,
natural language processing, and the like).
It
differs from traditional data analytics, owing to its agile,
interactive and contextual properties. A cognitive algorithm, for
example, can intuitively change in response to real-time data and help
you make more accurate decisions. And, the interfaces used for Cognitive
are very high on interactability, letting users deep-dive into the
insights and multiple predictive scenarios available. But the biggest
USP of Cognitive is possibly its power to contextualize information.
Equipped with in-the-moment data on customers/users/machines, algorithms
can make decisions that are relevant and effective.
So,
how is Cognitive Computing related to the cloud? In many ways, their
intersection is the next logical move in the progression of digital
technology. Let’s unravel this further.
Cognitive Computing on the Cloud: An Intelligent Combination
Expectedly,
Cognitive is highly resource-intensive, requiring powerful servers,
deep technical skillsets, and often leading to a high degree of
technical debt. For example, developing machine learning models not only
consumes significant computing power but also adds technical debt with
every learning cycle. That’s why, for a long time, Cognitive was limited
to large enterprises such as the Fortune 500s.
This
has been completely overturned by the cloud. The Cloud allows
developers to build Cognitive models, test solutions, and integrate with
existing systems without needing physical infrastructure. While there
are still resource costs involved, enterprises can flexibly subscribe to
Cloud resources for Cognitive development and downscale as and when
necessary.
Traditionally,
Cognitive would only make sense for large enterprises from a purely ROI
standpoint. They would commit sizeable time, effort, and investments in
R&D, and could afford delays/uncertainties in value generation.
Now, even small-to-mid-sized businesses can utilize the Cognitive Cloud
to apply AI as part of their day-to-day IT ecosystem, rapidly generating
value without infrastructure of vendor dependencies.
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