Unlocking the Power of Cognitive Computing in Human Resources

Cognitive computing typically refers to simulate human intelligence to enable computers to understand data and derive insights, all through the use of AI and machine learning. Applications of cognitive computing are enormous giving computers the human-like brain to compute data at fast. As a collection of algorithmic capabilities, the technology strengthens employee performance, automate complex workloads and create cognitive agents to mimic both human thoughts and engagement. Cognitive computing and its applications are holding much promise for Human Resources (HR), transforming HR functions and paving ways for new possibilities. As businesses always face challenges in acquiring adequate talent, in an IBM survey of 6,000 executives, 66 percent of CEOs believe cognitive computing can drive significant value in HR, while 50 percent of HR professionals acknowledge cognitive computing to drive transformation in HR.