Machine Intelligence Mimics Cognition

Emerging machine intelligence capabilities and exploding data volumes could enable IT systems to make inferences and predictions, ushering in a new era of cognitive advances. Artificial intelligence (AI) technologies capable of performing tasks normally requiring human intelligence are increasingly being incorporated into enterprise analytics efforts. Yet the bigger story in cognitive computing is machine intelligence, a collection of advances representing machine learning, deep learning, advanced cognitive analytics, robotic process automation (RPA), and bots, to name a few. Spending on various aspects of machine intelligence is projected to reach nearly $31.3 billion in 2019. It is also becoming a priority for CIOs: In Deloitte's 2016 Global CIO Survey, 1,200 IT executives were asked to identify emerging technologies in which they plan to invest significantly in the next two years, and 64 percent intended to invest in cognitive technologies.