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Enabling Effective Decision Making with Artificial Intelligence and Semantics

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coinby Angela Guess

Luca Scagliarini recently wrote in ITProPortal, “Speed and scale were once the most important features of computing power but the so-called ‘information era’ has radically changed the business drivers of any organisation, putting data at the centre of their strategies. Today, intelligent systems making sense of information enable the most effective data-driven decisions by bridging the gap between big data and decision-making processes. Under the imperative ‘if you want to manage data, you must understand it’, we’ve also seen a renewed interest in Artificial Intelligence solutions driving the rise of fast, powerful, and more intelligent technologies. In particular, cognitive software based on semantics is redefining business processes in today’s data world, by harnessing technology speed and cloud scale as well as human intelligence.”

He continues, “Thanks to its human-like ability to understand the meaning of words in context – by combining artificial intelligence semantic algorithms and deep learning techniques – cognitive computing is influencing several business applications, including big data. Here are the most interesting cognitive trends that are dominating the enterprises’ big data scene.”

Scagliarini goes on, “Identifying potential threats to mitigate risks, by gathering and correlating relevant information in real time, is one of the most important requirements for any organisation in the public and private sector, from small ventures to Fortune 500 companies. Companies are exposed to threats on a daily basis, which can impact the supply chain, assets, compromise security and reputation, and cause legal or financial liabilities, product quality issues etc. Thanks to an effective Open Source Intelligence (OSINT) strategy, organisations can build better risk profiles of their vendors, suppliers, stakeholders etc., monitor the environment in which they operate and protect their information management structure to prevent threats, maximise cybersecurity, and mitigate risks before they become a reality.”

Read more here.

Photo credit: Flickr/ frankieleon

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