Cognitive in the Workplace - files.meetup.comfiles.meetup.com/13696062/David Schubmehl - AI Overview...

30
Cognitive in the Workplace: The Cognitive Systems Market & Real Life Examples Dave Schubmehl Research Director

Transcript of Cognitive in the Workplace - files.meetup.comfiles.meetup.com/13696062/David Schubmehl - AI Overview...

Page 1: Cognitive in the Workplace - files.meetup.comfiles.meetup.com/13696062/David Schubmehl - AI Overview for Boston... · Cognitive in the Workplace: The Cognitive Systems Market & Real

Cognitive in the Workplace:The Cognitive Systems Market & Real Life Examples

Dave Schubmehl

Research Director

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Agenda

IDC’s 3rd Platform and Innovation Accelerators

What Are Cognitive Systems?

Why Are They Important?

Cognitive Application Examples

Market Opportunities and Use Cases

Existing and Emerging Vendors

Predictions & Guidance

2

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Cognitive Software Attributes

• Performs deep natural language processing and analysis both for

information ingestion and research as well as to provide human style

communication (usually posed as questions and answers)

• Conducts learning in real time as data arrives

• Has the ability to identify similar past experiences and use learning to

current situation

• Predicts and recommends possible outcomes

• Score those outcomes with evidence for human analysis

• Cycle back to the start so that the continuous learning is practiced, making

the system better over time

© IDC Visit us at IDC.com and follow us on Twitter: @IDC 4

Cognitive software support human decision-making with more accuracy,

confidence, speed, and agility based on broader and deeper bodies of evidence

applied to a more comprehensive view of pertinent conditions without bias.

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Cognitive Software Platform Defined

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User / Data Interaction

Natural Language Processing

Q&A Processing

Dialogue Based Interactions

Natural Language Generation

Structured Data Analysis

Speech Recognition

Knowledge Representation

Automated Content

Aggregation

Knowledge extraction

Knowledge base curation

Knowledge Models &

Ontologies

NoSQL Databases

Learning

Supervised Machine Learning

Unsupervised Machine Learning

Reasoning

Knowledge graph traversal

Ontology based

reasoning

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Why Are Cognitive Solutions Important?

Challenges

Information is expanding

exponentially

Knowledge workers can’t keep

up with research

Tremendous variation in

knowledge worker performance

between average and best

(best practices)

Effects

Quantify, organize and extract relevant knowledge about a topic or discipline

Encapsulate and “systematize” best practices

Augment human judgment

Accelerate investigation and discovery

Recommend practices and courses of actions

Automate organizational knowledge management

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The Marketing Conundrum

Vendor PhraseLucid.ai artificial intelligence

MindMeld artificial intelligence

Narrative Science artificial intelligence

Wipro artificial intelligence

CognitiveScale cognitive computing

Customer Matrix cognitive computing

Digital Reasoning cognitive computing

IBM cognitive computing

Loop AI Labs cognitive computing

Saffron Technology cognitive computing

Enterra Solutions cognitive reasoning

IPSoft cognitive agent

7© IDC Visit us at IDC.com and follow us on Twitter: @IDC

Vendor PhraseBaidu deep learning

Clarifai deep learning

Facebook deep learning

Google deep learning

Microsoft intelligent fabric

Nervana Systems machine intelligence

Numenta machine intelligence

TCS neural automation

InsideSales neuralytics

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Cognitive

Solutions

Ecosystem

Source: IDC 2016

Behavioral Interactional

Performance

Long form

Geolocation

News

Personal data

Healthcare

Location

Sports &

Entertainment

Social

Corporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analytics

NLP

APIs

ConnectorsData storesHypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

IT performance

mgt.

9Source: IDC 2016

Brought to you by Avik Partners at www.grokstream.com

Anomaly Detection for Amazon

Web ServicesIT Performance

Management

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal data

Healthcare

Location

Sports &

Entertainment

Social

Corporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

10Source: IDC 2016

Mortgage Broker Network Advice

Lending

Services

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal data

Healthcare

Location

Sports &

Entertainment

Social

Corporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

11Source: IDC 2016

Contract Review & Analysis

Legal Services

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

12Source: IDC 2016

Healthcare: Oncology

IBM Watson for Oncology

trained by Memorial Sloan Kettering

Patient

Outcomes

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

13Source: IDC 2016

Sales Enablement

InsideSales Recommended Actions

Sales

Assistance

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

14Source: IDC 2016

Investigations

Palantir Gotham for Investigative

Analysis & Threat Detection

Investigation &

Analysis

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

15Source: IDC 2016

Risk Management

Synthesys – Investigating Risk Profiles

Financial Risk

Assessment

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Cognitive Systems Technologies

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Yielding Value from Image & Video

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Cognitive Processes, Fueled by Data

18© IDC Visit us at IDC.com and follow us on Twitter: @IDC

Content/Data is ingested

Information is extracted

Add to knowledge

base

Statistical models built

Interaction creates learning

Question answering,

predictions…

Model revised via user

feedback

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Behavioral Interactional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

19Source: IDC 2016

Vendors• IBM

• Palantir

• Digital Reasoning

• IPSoft

• Numenta

• Cognitive Scale

• Intel / Saffron

• Tata Consulting

Services

• Cycorp / Lucid AI

• Loop AI Labs

• MindMeld

• Nervana Systems

• etc…Cognitive Software Platforms Forecast

• $1B in revenue in 2015

• Almost $4B in 2019

• CAGR > 35%

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BehavioralInteractional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

20Source: IDC 2016

Vendors• IBM

• Amazon

• Palantir

• Digital Reasoning

• IPSoft

• Nuance

• Numenta

• Cognitive Scale

• Intel / Saffron

• Tata Consulting

Services

• Cycorp / Lucid AI

• Loop AI Labs

• MindMeld

• Nervana Systems

• etc…

• Lockheed

• SAIC

• Google

• Facebook

• Fujitsu

• Baidu

• Microsoft

• Apple

• Walmart

• Yahoo

• Hitachi

• Salesforce

• etc…

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Notable Cognitive and AI AcquisitionsAcquirer Vendor Date Amount

Google DeepMind Jan. 2014 >$400M

Microsoft Equivio Jan. 2015 ~$200M

Yahoo Incredible Labs Jan. 2014 NA

IBM Cognea May 2014 NA

Google Wavii Apr. 2013 >$30M

Walmart Labs Inkiru Jun. 2013 NA

Microsoft Aorato Nov. 2014 ~$200M

Google Emu Aug. 2014 NA

Intel Indisys Sep. 2013 >$26M

Twitter Madbits Jul. 2014 NA

Facebook Wit.ai Jan. 2015 NA

IBM Alchemy API Mar. 2015 NA

Salesforce MetaMind Apr. 2016 NA

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Intelligent Office and Personal Assistants

22

Microsoft Delve

& Cortana

OK Google &

Google Now

Apple Siri

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The market for cognitive solutions exceeds

$40 billion in 2020

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Worldwide Cognitive Solutions

10 Technologies 8 Regions

6 Years of Data20+ Use Cases 19 Industries

Worldwide Semiannual

Cognitive Systems

Spending Guide

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IDC Survey Spotlight

24

In which verticals do we see cognitive systems

adoption?

IDC# US41482816 (June 2016)

Source: IDC’s 2016 Vertical IT and Communications Survey, N=3528

At what stage is your organization today in the deployment of cognitive systems?

Marianne Daquila

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BehavioralInteractional

Performance

Long form

Geolocation

News

Personal

data

Healthcare

Location

Sports &

Entertainment

SocialCorporate

Logistics

Financial

Marketing

Sales

Procurement

Asset

mgmt.

R&D

Logistics

HR

Anti money

laundering

Retail

pricing

Patient

outcomes

Telco

churn

IT performance

mgt.

Retail

Travel

Media

Healthcare

Insurance

Investment

Commercial

leasing

Advertising

Legal

Driverless

cars

Smart home

devices

Self-flying

drones

Robotic

systems

Text analysis

Video analysis

Image analysis

Predictive analyticsNLP

APIs

ConnectorsData stores

Hypotheses generation

Machine learning

Speech Recognition

Dialogue Mgt.

Finance

Risk mgmt.

Weather

28Source: IDC 2016

Vendors

• IBM

• Palantir

• Digital Reasoning

• IPSoft

• Numenta

• Cognitive Scale

• Intel / Saffron

• Tata Consulting

Services

• Cycorp / Lucid AI

• Loop AI Labs

• MindMeld

• Nervana Systems

• etc…

• Lockheed

• SAIC

• Google

• Facebook

• Fujitsu

• Baidu

• Microsoft

• Apple

• Amazon

• Walmart

• Yahoo

• Hitachi

• etc…

• Oracle Data Cloud

• IBM (Weather Company)

• Axciom

• IRI

• Twitter

• Google

• Facebook

• LinkedIn

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Considerations for Building a

“Smart” Application

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Create an organizational information access and analysis strategy to utilize all important data sources

Engage subject matter experts in the initial design and implementation processes

Develop and promote an organizational culture that understands and embraces the collection, use, sharing, and dissemination of information as a key asset

Use cognitive systems platforms that include information-handling techniques and processes such as text analytics, auto-categorization, relationship analysis, auto-tagging, and auto-taxonomy generation to create the knowledge base for cognitive system action

Develop success metrics

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Dave SchubmehlResearch DirectorCognitive Systems and Content Analytics

[email protected]

IDC Blog – Business Analytics & Big Data

https://idc-community.com/groups/it_agenda/business-

analytics-big-data

Questions?

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@dschubmehl