The Internet of Things is going to help shape the future of many organisations over the next few years. IoT and cognitive capabilities can help dramatically reduce efficiency costs, leapfrog competition, and improve business models. When you combine data collected through IoT and cognitive computing, the impact on organizations will be tremendous.
Cognitive computing involves self-learning systems that use data mining, pattern recognition and natural language processing to mimic the way the human brain works. Applying cognitive APIs can unlock huge potentials, with the majority of business models leveraging cognitive computing in the future.