The COVID-19 pandemic has been one of the most unprecedented events in recent history. Catching us off-guard, the pandemic has pushed us to rethink the complete office setting paradigm. On the one hand, we are left with no other option than to work from home, and on the other, most of our manual tasks are increasingly being delegated to different AI-driven and cognitive solutions.
This shift to contactless business operations is seeing the evolution of different cognitive technologies like machine learning and machine vision to take the burden off of a human employee’s shoulder. These services are automating a lot of mundane and labour-intensive tasks. At the same time, cognitive solutions are also finding applications in predicting population health. It is enabling healthcare organisations to make better decisions about resource utilisation and to detect the changing patterns of patient behaviour by analysing data in the near real-time.
Another remarkable cognitive technology trend is quantum computing, which is a form of computing that takes advantage of quantum phenomena like quantum superposition and entanglement. This amazing technology trend is also involved in preventing the spread of the coronavirus, and to develop potential vaccines, thanks to its ability to easily query, monitor, analyse and act on data, regardless of the source.
Another sector where quantum computing is finding applications in banking and finance, to manage credit risk, for high-frequency trading and fraud detection. Quantum computers are now a multitude times faster than regular computers and huge brands like Splunk, Honeywell, Microsoft, AWS, Google and many others are now involved in making innovations in the field of Quantum Computing.
At this juncture, many cutting-edge cognitive solutions providers are entering the domain with advanced and integrated offerings. To help the businesses strengthen their operational capabilities and simultaneously enable growth in the industry, CIOApplications Europe has compiled a list of the top cognitive service companies. The list comprises prominent organisations in the industry that address issues by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.
We present to you CIOApplication Europe’s, “Top 10 Cognitive Service Companies-2021.”