Milan, February 27 2014 – "Watson: new frontiers in Cognitive Computing" is the theme of the workshop for Italian Chief Information Officers, organised by Eni and IBM in partnership with the CIO AICA Forum at the Eni Conference Centre in San Donato Milanese. The objective is to analyse and assess Watson’s industrial applications in light of the results of the experiments carried out so far.
Among the four megatrends which characterize the current information technology (The Cloud, Mobile, Big Data and Social Networks), Big Data would seem to be the most promising in terms of benefits for companies’ business: from oil exploration to CRM systems, from integrated risk management to trading, from predictive maintenance to integrated operation, from built-in sensors to campaign management.
The complexity and heterogeneity of data, much of these unstructured and non-proprietary, constitute the most challenging obstacle, and despite the improvements of the classic methods of analysis, the construction of useful information such as disaggregated data is still only partially realized.
Considering that data are continuously generated by people, information systems and devices of all kinds totalling more than a trillion connected objects, and that more than 2.5 billion gigabytes of data are produced every day, is quite clear that volume contributes to increase complexity significantly. Therefore, it is essential to consider the data as a new natural resource, from which you can derive competitive strength, provided the right tools and processes that allow the analysis of the data in real time and consequent knowledge.
The most promising solution is Cognitive Computing, which has already proved to be applicable in contexts such as American quiz shows (Jeopardy !), medical diagnostics and risk analysis. Watson, supported by a powerful calculation capacity and Deep QA algorithms and software analysis, can interact with human beings in their own natural language and learn from experience.
Watson has already been applied to clinical cancer research and is shortly due to revolutionize a large number of fields - from energy to health, retail, publishing, finance, biotech and pharmaceuticals – as well as multitudinal aspects of our daily lives.
The prospects are so promising that on early January lBM generated a new business unit including 2000 specialists and a total investment of $1 billion, 100 million of which, to support the development of an ecosystem of businesses and partners.