As an example, mobile network operators are increasing their investment in big data analytics and machine learning technologies as they transform into digital application developers and cognitive service providers. With a long history of handling huge datasets, and with their path now led by the IT ecosystem, mobile operators will devote more than $50 billion to big data analytics and machine learning technologies through 2021, according to the latest global market study by ABI Research. Machine learning can deliver benefits across telecom provider operations with financially-oriented applications - including fraud mitigation and revenue assurance - which currently make the most compelling use cases. Predictive machine learning applications for network performance optimization and real-time management will introduce more automation and efficient resource utilization.
These intelligent RPA systems, which use the latest cognitive computing technology, have huge potential to step up management effectiveness. Our goal was to assess the potential impact of cognitive computing on their jobs and to understand their perceptions of the how their work would change as a result of this new technology. The vast majority of managers, 84 percent, believe intelligent machines will make them more effective and make their work more interesting. In my next blog post I'll highlight two further obstacles that might hamper business leaders' efforts to boost management performance with intelligent machines.
Cambridge University, which runs the events, said the festival's main theme, artificial intelligence, sparked "considerable interest". The James Dyson Foundation gave people engineering challenges, including making a functioning chair out of nothing but cardboard, and crowds flocked to the Whittle Laboratory to see how jet engines produce such awesome power. Festival co-ordinator Dr Lucinda Spokes said: "On the final day, and to mark Addenbrooke's 250th anniversary, thousands of people visited the Cambridge Biomedical Campus to attend talks, demonstrations and exhibitions showcasing the medical research taking place in Cambridge. "The success of these events is also due to the thousands of visitors who attended the talks, debates and performances and those who got involved with the hands-on, interactive experiences – they all make the Science Festival what it is."