IBM launches cognitive business solutions unit

IBM launches cognitive business solutions unit

FP Sports October 8, 2015, 16:09:19 IST

The new practice draws on the expertise of more than 2,000 consulting professionals spanning machine learning, advanced analytics, data science and development…

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IBM launches cognitive business solutions unit

Taking advantage of its cognitive expertise with Watson system, IBM has announced the launch of a consulting organisation known as IBM Cognitive Business Solutions.

The new practice draws on the expertise of more than 2,000 consulting professionals spanning machine learning, advanced analytics, data science and development, supported by industry and change management specialists to accelerate client journeys to cognitive business.

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Representational image: AFP

Cognitive represents an entirely new model of computing that includes a range of technology innovations in analytics, natural language processing and machine learning. Industry analyst firm IDC predicts that by 2018, half of all consumers will interact regularly with services based on cognitive computing.

Bridget van Kralingen, senior vice president, IBM Global Business Services, said, “Clients know they are collecting and analyzing more data than ever before, but 80 percent of all the available data – images, voice, literature, chemical formulas, social expressions – remains out of reach for traditional computing systems. We’re scaling expertise to close that gap and help our clients become cognitive banks, retailers, automakers, insurers or healthcare providers.”

The new practice will also draw upon the exclusive computational reasoning and learning capabilities of IBM Watson, which represents a $1 billion investment to advance cognitive innovations across industries. IBM will train another 25,000 IBM consultants and practitioners on cognitive computing this fall.

Over the past year, IBM has forged strategic partnerships with Apple, Twitter, The Weather Channel and Facebook, all aimed at unlocking new data sources to the advantage of clients worldwide.

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