openPR Logo
Press release

Global Cognitive Computing Market

In the ever changing world of information technology, business organizations are left with humongous amount of data with them. This data includes very critical information for business use, but business organizations are only able to utilize 20% of whole data available with them with the use of traditional data analytics technology. To process and interpret the reaming 80% of the data that is in the form of videos, images, and human voice (also called as dark data), there is a need of cognitive computing systems.

Cognitive computing systems are typical combination of hardware and software that constitute natural language processing (NLP) and machine language, and have capability to collect, process, and interpret the dark data available with business organizations. Cognitive computing systems works exactly the phenomena of how a human brain works. These systems can process natural language, unstructured data, and can learn from experiences in similar way a human being do.

In today’s distributed, dynamic, and disrupted business environment requires full awareness about information that is generated from past data set available with organizations. This immensely help business organizations to control the risk associated with their business. So, the main driver of global cognitive computing market is the need to process unstructured and complex dark data set. Cognitive computing systems process and interpret the data in probabilistic manner unlike conventional big data analytic tools. However, to cope with the continuously evolving technology and data safeguarding are two biggest challenges cognitive computing market is facing.

• Natural Language Processing (NLP):
Natural language processing is used to process the human language in such a manner that a computer system can understand and interpret it. Natural language processing automates the translation process between computer and human.

• Machine Learning:
Machine learning is subset of computer science that encompasses the study of pattern recognition and computational learning theory of artificial intelligence. Machine learning enables computer program to learn from past data and can teach themselves to do modification when exposed to new data.

• Automated Reasoning:
Automated reasoning is the sub-discipline of computer science and mathematical logic, which is used to understand the different aspects of reasoning. Automated reasoning assists in producing computer programs that facilitates computers to reason perfectly or near perfectly.

North America is expected to the largest market of global cognitive computing market. Majority of cognitive computing service providers such as IBM Corporation, Microsoft, and Google are based in North America region itself and they are also investing in the field of cognitive computing of local market. For instance, to accelerate the adoption of Watson cognitive computing system, IBM Corporation invested in Modernizing Medicine, a provider of cloud-based, specialty-specific electronic medical records (EMR) systems.

Request to view table of content @ http://www.persistencemarketresearch.com/toc/9749

Establishment of several cognitive computing startups such as Cognitive Scale is taking place in Europe region. Asia-Pacific region is expected to have moderate growth rate for cognitive computing market as rapidly rising trend of cloud based services, in small and medium enterprises, is paving the way for growth of cognitive computing market in this region. Latin America and Middle East and Africa regions are yet match the pace of global cognitive computing market.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/9749

IBM Corporation, Microsoft Corporation, Google, Palantir Technologies, Cognitive Scale, Enterra Solutions, and Numenta are some the leading players of global cognitive computing market.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Global Cognitive Computing Market here

News-ID: 479327 • Views: 466

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for Cognitive

Cognitive Computing: Applications and Global Markets
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 refining patterns in the data as well as the way data is processed. This learning allows cognitive computing
Cognitive Services – Global Market Outlook (2018-2025)
Global Cognitive Services Industry New Study On “2018-2025 Cognitive Services Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database This report focuses on the global Cognitive Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cognitive Services development in United States, Europe and China. Cognitive Services are a set of machine learning algorithms that Microsoft has developed
Global Cognitive Analytics Market- The Thematic Research
Cognitive Analytics.jpgSummary:- (Cognitive Analytics) Global Cognitive Analytics report, the Cognitive Analytics is expected to reach a value of $1.95 billion in 2017 and is projected to reach a value of $40.25 billion at the end of 2027. The global Cognitive Analytics report covers the Cognitive Analytics in a comprehensive manner, across all parameters such as types, applications, users, top players, and regions. The report further covers the drivers, restraints and trends
Global Cancer Cognitive Computing Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Global Cancer Cognitive Computing Market Outlook 2022 to its growing collection of premium market research reports. The emergence of Cognitive Computing for Cancer has revolutionized the healthcare industry. This technique is allowing a previously unattainable level of personalized treatment options with efficiency and simplicity. Due to this ability, it is anticipated that the Global Cancer Cognitive Computing market will cross US$
Cognitive Computing Market: Lucrative Opportunity by 2025
Data analysis can yield dramatic and yet highly dependable results. In recent times, almost every organization, big or small, is resorting to computation for certain kind in order to enhance their production efficiency, meet the demand coming from consumers, and counter the challenge posed by local and global competitors. Cognitive computing relates to next stage of data analysis wherein it not only crunches all the available data to make a
Cognitive Plasticity in Adulthood
What is the link between personality, life experience, and brain structure? On Wednesday, January 28, listen to aging experts present their findings at the German Center for Research and Innovation (GCRI) in New York on the plasticity of the human brain. NEW YORK (January 22, 2015) – Although the adult brain was once thought to be a rather static organ, it is now clear that the organization of brain circuitry is