IBM: 50% of global CEOs plan to adopt cognitive computing by 2019

Half of 6,000 surveyed global CEOs plan to adopt cognitive computing by 2019, according to a new IBM Institute for Business Value study. All respondents said they anticipate a 15% return on investment from cognitive initiatives, according to an IBM press release. The study also found more than 70% of CEOs believe cognitive computing will be a significant factor in their organizations' future. Respondents indicated their first priorities will be to apply cognitive computing in specific business functions including information technology, sales, information security and innovation, according to IBM. Clearly, companies see the potential in cognitive computing.