Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here
Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 2728
Next
In Process
Joshua
Joshua

Joshua

  • 1 Question
  • 0 Answers
  • 0 Best Answers
  • 40 Points
View Profile
  • 3
Joshua
Asked: September 1, 20202020-09-01T09:16:36+00:00 2020-09-01T09:16:36+00:00In: Information Technology, Telecommunications

What is the global cognitive computing market size?

  • 3

Cognitive computing is the combination of artificial intelligence and signal processing, to quickly solve the problem that can only be solved by humans. It uses the past data, user feedback and the latest data to analyse any situation and to find its effective solution.

computing
  • 2 2 Answers
  • 0
Answer
Share
  • Facebook

    2 Answers

    • Oldest
    1. Kevin

      Kevin

      • 0 Questions
      • 2 Answers
      • 0 Best Answers
      • 110 Points
      View Profile
      Kevin Level 1
      2020-09-01T09:23:21+00:00Added an answer on September 1, 2020

      The global market size of cognitive computing was valued at around $ 9 billion in 2019, and the market size will grow with a good growth rate in future.

      The main drivers behind the growth of cognitive computing include the trend towards the atomisation of industries, cost-effective offers by the cognitive computing platforms, a trend towards big data analytics, demand for best customer experience, and trend towards enhancing decision making processes in all industries.

      The global market of cognitive computing will see a growth of approximately 3.5% in 2020 to reach the estimated value of $ 9.3 billion in 2020. The bigger market share in cognitive computing market is of the health industry, as compared to other industries, and many countries are working on trying to find a way to use cognitive computing in the fight against COVID-19.

      Some of the players in the cognitive computing market include IBM, Microsoft, Google, Hewlett Packard, Oracle, Numenta , Acuiti, Cisco, Palantir , and Enterra Solutions.

      • 2
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp
    2. Andrew Terry

      Andrew Terry

      • 0 Questions
      • 1 Answer
      • 0 Best Answers
      • 60 Points
      View Profile
      Andrew Terry Level 1
      2020-09-01T09:24:06+00:00Added an answer on September 1, 2020

      Cognitive computing is mostly used to help a human being in their judgments regarding any difficult issue. One of the examples is of doctors, most doctors cannot absorb all the new and vast diseases and their therapies, in that case, a cognitive assistant can help doctors to analyse the disease and offer effective therapy quickly.

      One of the real-world examples is of IBM cognitive system known as Watson. The platform provides various solutions and methods to the customers to deploy cognitive solutions. Some of the methods offer by IBM cognitive platform includes deploying of cognitive technology in the existing workflow of the organisation, in this case, the solution provided by the IBM is already coded and need the installation. The product used by IBM for the respective solution is known as Watson Explorer or Watson Virtual Agent.

      The other method provided by IBM is to develop an app on IBM cognitive platform known as Bluemix. For the respective method, IBM provides common languages and other API’s on its Watson Developer Cloud. The last solution that IBM facilitates its customers with is the collaboration of an organisation with IBM to get customised solutions. For this, customers need to contact IBM cognitive solutions team member. IBM Watson is already in use in Memorial Sloan Kettering Cancer Center, US, to help doctors in treating cancer patients.

      • 1
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • Minu Bibi

      How big is the global mobile middleware market?

    • Niyoosha Ghari

      What is the global mobile device management market size?

    • Eric Paige

      What is the size of the global fiber optic cable ...

    • Abigail Sanderson

      What is the size of the global mobile business intelligence ...

    • Steven

      What is the size of the global IoT in the ...

    Adv 120x600

    Adv 120x600

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.
        We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy