The reason for this appearance of virtual agents is the dizzying advance of artificial intelligence in recent years, especially in relation to Cognitive Intelligence, which bets on machines to perceive the environment and solve problems as a person’s cognitive system does. The virtual agents are an AI software that simulates talking to a person. There…
In this second post, we cotinue to explain the meaning of other analytic disciplines such as prescriptive analytics or cognitive computing.
Prescriptive analytics has a big potential to be a disruptive power in business. Along with predictive data, prescriptive analytics can contribute valuable knowledge about what can happen in the future and automate decision-making to achieve business goals.
In recent years, the use of certain terms to refer to new technology trends has become normal. We can find plenty of news on artificial intelligence (AI), machine learning, Big Data and advanced analytics, for example. But what does each of these terms mean? And, what do they mean in a business sense?
The world around us is evolving at high speeds, and the speed of change is going to increase more in next years. Digital revolution has permeated in the society and has hit on companies of all industries. The companies should change and adapt faster in order not to be outdone. This is the mantra repeated in the executive’s directions among the main companies.