Press release
Cognitive Computing Market: Smart Computerized Model For Next Generation
Global Cognitive Computing Market: OverviewCognitive computing is a technology platform based on the scientific premises of signal processing and artificial intelligence. It refers to replicating the human thought process in a computerized model. Cognitive computing also comprises self-learning systems that use pattern recognition, natural language
processing, and data mining to mimic the way in which a human brain works.
Cognitive computing processes are expected to emerge as next-generation systems as artificial intelligence slowly becomes a mainstream technology. The application of cognitive computing processes is therefore touted as the next-generation systems. Their application has increased in continually acquiring information based on data fed into them, subsequently processing the complex information. These systems are therefore marketed as a means to help companies make better decisions by deciphering complex and unstructured data.
As business leaders focus more on their return on investment, the global cognitive computing market is expected to gain a major boost. According to industry experts, cognitive computing and artificial intelligence are expected to emerge as the biggest trends to look out for in 2016. The report has been compiled to present key insights into various trends encouraging the rise of the global cognitive computing market. It examines the influence of various growth drivers and restraints on the market to present a refined outlook for its growth.
Get More Information:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12470
Global Cognitive Computing Market: Opportunities and Threats
According to experts, over time, various cognitive computing technologies will be built to provide customized IT solutions. The technology is expected to provide human-designed systems and imbue into them a “thinking ability,” helping organizations to accomplish tasks that they were unable to before.
The advances in various enabling technologies, increasingly complex datasets, and the advent of third computing platforms such as cloud, mobile, analytics, big data, and social network are expected to drive the global cognitive computing market. However, challenges such as the lack of knowledge about enabling technologies and the impact of new technologies on business applications will threaten the market’s growth.
Big data is increasing in volume at a rapid pace owing to the massive digitization of business operations worldwide. A major chunk of information received by businesses is in the form of unstructured data such as images, videos, podcasts, natural language, and symbols. This in turn necessitates the implementation of a cognitive model to collate data and provide structured output.
Retail, healthcare, BFSI, and security industries constitute the major application segments of cognitive computing. Among these, the market is expected to witness increasing demand from the healthcare sector. Recent developments in medical imaging technologies that incorporate cognitive analytics to help healthcare workers analyze mammogram images will also augment demand for cognitive computing from the healthcare sector.
Global Cognitive Computing Market: Regional Outlook
Regionally, North America held the largest share of the market in 2014, followed by Europe. The market is also expected to see attractive opportunities in Asia Pacific. The increasing adoption of cloud-based services in the region, especially across small and medium-scale companies will translate into increasing demand for cognitive computing from Asia Pacific.
Global Cognitive Computing Market: Competitive Insight
To study the prevailing competition in the market, the report has also profiled companies such as Microsoft Corporation, IBM Corporation, Nuance Communications Inc, Google Incorporation, 3M, Statistical Analysis System (SAS), Tibco Software, Hewlett Packard (HP), SAP, and Oracle Corporation. Using industry-leading analytical tools, the report weighs out the strengths and weaknesses of these companies. The latest strategies adopted by them and their product portfolios are also studied in the report in detail.
About Us:
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact
TMR
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cognitive Computing Market: Smart Computerized Model For Next Generation here
News-ID: 351237 • Views: …
More Releases from Cognitive Computing
Growth Opportunities of Global Cognitive Computing Market - Industry Analysis & …
Researchmoz added Most up-to-date research on "Cognitive Computing: Applications and Global Markets" to its huge collection of research reports.
Cognitive computing like many IT terms is defined both by its technical capability and applications and by marketing statements. From a technical standpoint, cognitive computing is a system that uses machine learning algorithms to continually increase its knowledge from the data it receives. The learning aspect is characterized by the system continuously…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
