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IBM Watson Projects

You're reading from   IBM Watson Projects Eight exciting projects that put artificial intelligence into practice for optimal business performance

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Product type Paperback
Published in Sep 2018
Publisher Packt
ISBN-13 9781789343717
Length 340 pages
Edition 1st Edition
Languages
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Authors (2):
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Armen Pischdotchian Armen Pischdotchian
Author Profile Icon Armen Pischdotchian
Armen Pischdotchian
James D. Miller James D. Miller
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James D. Miller
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Toc

Table of Contents (12) Chapters Close

Preface 1. The Essentials of IBM Watson FREE CHAPTER 2. A Basic Watson Project 3. An Automated Supply Chain Scenario 4. Healthcare Dialoguing 5. Social Media Sentiment Analysis 6. Pattern Recognition and Classification 7. Retail and Personalized Recommendations 8. Integration for Sales Forecasting 9. Anomaly Detection in Banking Using AI 10. What's Next 11. Other Books You May Enjoy

Definition and objectives

Here's an interesting factoid—IBM Watson was named after IBM's first CEO and industrialist Thomas J. Watson (who has been credited with developing IBM's management style and corporate culture), and was specifically developed to answer questions on the quiz show Jeopardy!

IBM Watson has been described as a computer system that is based on cognitive computing and that, conceptually, can deliver answers to your questions.

Now the term cognitive also has an interesting definition. It is defined as being concerned with the act or process of knowing, or perceiving, which, as you can imagine, is enormously valuable to any business.

Cognitive algorithms have the ability to create insights and make evidence-based decisions in ambiguous circumstances, based upon as much data as possible.

IBM Watson is the AI platform for professionals. Watson gives your business distinct advantages. Beyond optimizing the tasks that you already do, AI enables new ways of doing business. Find out more at the Watson website at: https://www.ibm.com/watson/about.

IBM Watson is exciting because it attempts (in much the same way as a human would) to review the provided raw data and reason out an answer. In fact, Watson yields more of a hypothesis than an answer (based upon both the data and other dependencies or circumstances).

The concept of answering with a best-suited answer rather than simply providing a calculated response is an important mind shift that opens organizations up to processing all types and formats of data to produce new and valuable insights as a return on their data investment. These insights aren't typically exposed by using only mainstream, noncognitive approaches.

Another Watson plus is that while consuming data, Watson converts unstructured data into structured data, which then allows that data to be available for those traditional downstream, noncognitive, more mainstream analytical and reporting tools and solutions.

The techniques applied by IBM Watson allow the possibility of using not just the original questions but also subsequent questions to find the right answers, possibly inferred by assembling multiple fragments of raw data and artifacts from multiple sources via machine learning algorithms. Watson provides this expertise to everyone, with the goal of addressing an entirely new class of problems and solutions that will fundamentally change the relationship of people, business, and computers.

This is the objective of IBM Watson, and is most likely one of the objectives of you, the reader of this book.

With any luck, as you work through the following chapters and gain a level of comfort in using IBM Watson Analytics, you will begin to think about and approach problems and opportunities in a new way.

In the following sections of this chapter, we will review the fundamentals of the IBM Watson interface, as well as some of the basic tasks you'll need to be familiar with in order to successfully work through the case study examples given in the following chapters.

Let's go!

You have been reading a chapter from
IBM Watson Projects
Published in: Sep 2018
Publisher: Packt
ISBN-13: 9781789343717
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