Cognitive technologies are becoming an extensive source of competitive advantages for businesses. They act as a disruptive force that empowers employers to interact with workers, customers, and suppliers and get work done—all with an unmatched speed, cost, and quality. Driven by these promises, companies across industries are deploying cognitive technologies in their products, processes, and services. It is expected that the dominant use case will be in the areas of object identification, image classification, and data processing.
The integration of robotics and cognitive technologies will expedite automation of repetitive manual tasks and workflows where machines or bots replicate human actions and judgments. Process automation will help a great deal in checking time-consuming and information-intensive tasks such as invoice processing and claims settlement. Moreover, organizations from different industries will gain the predictive capability in tracking consumer purchases, fraudulent credit card activity, personalized targeting of digital ads, and identifying promising drugs in pharmaceuticals. Syncing cognitive technologies with sensors and cameras can aid in the real-time tracking and reporting of structured and unstructured information.
To take the cognitive technology adoption to fruition, companies need to have an in-depth understanding about its usage and the ability to tailor the technology to their unique business environments. Also, they need to work on the feasibility of integrating these technologies with their existing systems to reap maximum advantages.
To help companies step up their game with cognitive technologies, our distinguished panel comprising of eminent CEOs, CIOs, VCs, and analysts, along with CIOApplications Europe’s editorial board has assessed several cognitive services providers and shortlisted the ones that are distinctively prominent in the industry to counter the prevailing challenges and create competitive advantages.
We present you “Top 10 Cognitive Consulting/Services Companies - 2019.”