Top 10 Cognitive Solution Companies - 2021
The advancements in cognitive technologies are enabling organizations to go beyond the traditional ways of operating businesses. Cognitive technologies, including natural language processing (NLP), machine learning, and data analytics, are extensively being leveraged today to streamline business processes, automate redundant activities, enhance customer experience (CX), and garner critical business insights. Notably, they are advancing and automating the core tenets of data management, such as data quality, data modeling, and data integration, to develop applications for data analytics. Thanks to these extensive data competencies, cognitive technologies are playing a substantial role in many sectors where huge volumes of data need to be analyzed and processed.
Cognitive technologies are utilized in a whole range of business functions today. For instance, they are being embedded in products and services to provide an enhanced user experience (UX). To enable this, cognitive technologies either develop intuitive user interfaces or automate redundant steps. Cognitive technologies are used widely to scale and automate business processes as well. They can automate operational processes by augmenting the functions of employees or replacing them. Meanwhile, technologies like machine learning and NLP also help in garnering crucial business insights from large and complex data sets and unstructured textual information.
Not only can cognitive technologies be used to enhance products and services, but they can also bring about an entirely new range of products and services that can create new markets and sources of revenue. A case in point is the novel cognitive assistants that simulate live customer care agents. These cognitive assistants mimic how the human brains work by extracting data and recognizing patterns. Besides offering personalized interaction through natural language conversation, they can even detect human sentiments and respond appropriately.
At this juncture, there is a variety of cognitive solution providers available in the market that cater to the different needs of organizations and enterprises. To help them choose the solution provider that best fits their requirement, CIOReview has compiled a list of the 10 most promising cognitive solution providers. The enlisted cognitive solution providers are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises 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 CIOReview’s, “10 Most Promising Cognitive Solution Providers – 2021.”