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Cognitive Technologies and Automated Analytics: Is There a Difference?

#artificialintelligence

For identical reasons, cognitive technology has made a huge splash in business -- it just topped the International Institute for Analytics (IIA) list of top 2016 analytics trends, and is expected to "subsume" automated analytics. A more useful definition comes from Deloitte, which describes AI as, "computer systems able to perform tasks that normally require human intelligence." Very simply stated, deep learning allows computers to process many layers (10) of complex data sets simultaneously. In fact, as IIA co-founder Tom Davenport notes (via TechTarget), analytics professionals have long used deep learning, neural networks, and related technologies like logistic regression in their products.