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Market Analysis: Cognitive Computing, recent industry developments



In the ever dynamical world of data technology, business organizations are left with a massive amount of data with them. This data includes very crucial info for business use, however business organizations are solely ready to utilize 200th of whole data accessible with them with the use of traditional data analytics technology. To method and interpret the reaming 80th of the data that's within the form of videos, images, and human voice (also referred to as dark data), there's a requirement of cognitive computing systems.
Cognitive computing systems are a typical combination of hardware and software that constitute natural language processing (NLP) and machine language, and have the capability to collect, process, and interpret the dark data available with business organizations. Cognitive computing systems process and interpret the data in a probabilistic manner, unlike conventional big data analytic tools. However, to cope with the continuously evolving technology and data safeguarding are two biggest challenges cognitive computing market is facing.

Segmentation on the basis of technology:
  • Natural Language Processing (NLP): It is used to process the human language in such a manner that a computer system can understand and interpret it. NLP automates the translation process between the computer and human.
  • Machine Learning: It is a subset of computer science that encompasses the study of pattern recognition and computational learning theory of artificial intelligence. It enables the computer program to learn from past data and can teach them to do modification when exposed to new data.
  • Automated Reasoning: It is the sub-discipline of computer science and mathematical logic, which is used to understand the different aspects of reasoning. It assists in producing computer programs that facilitate computers to reason perfectly or near perfectly.

Comments

  1. Charles27 January 2020 at 22:36

    Thank you so much for this nice information. Hope so many people will get aware of this and useful as well. And please keep update like this.

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  2. divya19 June 2020 at 21:54

    Actually I read it yesterday but I had some thoughts about it and today I wanted to read it again because it is very well written.thanks a lot
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