The Significance of Cognitive Computing in a Digital Economy Analytics Insight

Cognitive Computing refers to the technology that is based on the scientific principles behind artificial intelligence and signal processing. It revolves around making computers adept at learning the human brain. As the use of AI is just to implement the best algorithm to solve a problem, cognitive computing goes a step beyond and tries to mimic human intelligence by assessing a series of factors. IBM's Watson is the most advanced cognitive computing framework which utilizes AI-powered disruptive technologies such as machine learning, real-time analysis, NLP, among others, to enhance decision making and deliver better outcomes. According to IBM that defines cognitive computing as an advanced system that learns at scale, reasons with purpose and relates to humans in a natural form.