Cognitive Analytics: Top 10 Digital Tech Trend

Deloitte Consulting LLP recently released its "5th Annual Tech Trends Report".  In this report it lists its top 10 overall trends, keying on 5 disruptors (opportunities for technology executives to create sustainable positive changes in IT capabilities, business operations and business models) and 5 enablers (technologies in which many organizations have already invested, but new developments and opportunities have inspired new business applications, thereby warranting a fresh look).

Cognitive Analytics is listed as one of the Disruptors.  By definition Cognitive Analytics is a computing platform that combines artificial intelligence (AI), machine learning, natural language processing (NLP) and   massively parallel computing to drive rich insights that can aid real time decision making.  The video below shows Rajeev Ronanki, a principal at Deloitte, explaining how cognitive analytics is used in a business situation by a national healthcare plan to use big data to gain real insights.