Innovation and Cognitive Computing Juan Andrés Avilés Sánchez CTO Enterprise Spain II [email protected] @JuanAAvilesIBM Innovation: ―Something new or different is introduced‖ © 2016 IBM Corporation 2 Four Types of Innovation Breakthrough: breakthrough innovation is what most people think of when they think of innovation – something new, bold and way ahead of the next best thing. Additionally, a breakthrough product often combines the functionality of several different products all into one. Innovation (Disruptive): Simple, Low Cost Solution to Your Customer’s Problem. Renovation (Sustaining): improving the current product by developing generations 2, 3, 4, 5 and so on until the product reaches the end of it’s life cycle. Normally large Extensions (New Market): extension refers to applying a current product in a new way and sometimes even for a different segment of customers. Breakthrough Innovation Projects (%) Renovation Extensions 0% 20% 40% 60% © 2016 IBM Corporation Innovation example: Nespresso © 2016 IBM Corporation RMIT University – Melbourne Self –cleaning clothes 6 minutes at sunlight bioo To produce electricity from the simple, every-day process in which plants rely on to survive, photosynthesis © 2016 IBM Corporation Disruption is upon us. The biggest taxi company owns no cars. The largest accommodation company owns no real estate. The largest retailer carries no inventory. The biggest media company owns no content. Common elements in all those Disruptive Innovation Examples? Technology Actionable Insights Collaborative Talent Digital Innovations Consumers New Experiences Flexible Operations New Ways of Working Scalable Ecosystem Ecosystem © 2016 IBM Corporation But not only innovation…. 1978 – First Digital Camera, by Kodak © 2016 IBM Corporation Some industry trends to watch and follow - Cognitive Computing BlockChain Industry 4.0 (IoT) Virtual Reality 4D Printing © 2016 IBM Corporation Some industry trends to watch and follow - Cognitive Computing BlockChain Industry 4.0 (IoT) Virtual Reality 4D Printing …but do not forget security © 2016 IBM Corporation Cognitive Computing: Watson Research Project Jeopardy! Grand Challenge Internal Startup Division IBM Watson Group 2006 – 2010 2011 2011 – 2013 2014 – present Commercialization Validation Demonstration R&D $1B Investment $100M for Ecosystem © 2016 IBM Corporation NYC Headquarters Why do we need Cognitive Systems? 2.5B 12% gigabytes of new data generated everyday, 80% Most companies claim they non-structured only analyze 12% of data they have. A doctor would 1 of each 2 need 160h in order to read all news published about its specialty in one week. CEOs affirms not to have the right information at the time of taking critical decisions. © 2016 IBM Corporation Three capabilities differentiate cognitive systems from traditional programmed computing systems… Learning Reasoning Understanding Cognitive systems understand like humans do. They reason. They understand underlying ideas and concepts. They form hypothesis. They infer and extract concepts. They never stop learning getting more valuable with time. Advancing with each new piece of information, interaction, and outcome. They develop ―expertise‖. …. allowing them to interact with humans. © 2016 IBM Corporation Systems also learn from interaction © 2016 IBM Corporation Cognitive systems forge a new partnership between man and machine. Cognitive Systems excel at: Humans excel at: Locating Knowledge Common Sense Pattern Identification Morals Natural Language Imagination Machine Learning Compassion Abstraction Eliminate Bias Endless Capacity Dilemmas Dreaming Generalization © 2016 IBM Corporation Use Case example: Cognitive Mergers and Acquisitions Winnow selects between ~10,000 companies ~5-10 will be in due diligence phase. © 2016 IBM Corporation The price of not knowing. ©2016 IBM Corporation 19 Cognitive systems rely on collections of data and information: Data, information, and expertise create the foundation. Examples include: Analyst reports tweets Wire tap transcripts Battlefield docs E-mails Texts Forensic reports Newspapers Blogs Wiki Court rulings International crime database Stolen vehicle data Missing persons data © 2016 IBM Corporation 20 …and then leverage Watson APIs to apply cognitive capabilities Retrieve and Rank 50 underlying technologies Entity Extraction Sentiment Analysis Emotion Analysis (Beta) Keyword Extraction Concept Tagging Taxonomy Classification Author Extraction Language Detection Text Extraction Microformats Parsing Feed Detection Linked Data Support Concept Expansion Concept Insights Dialog Document Conversion Language Translation Natural Language Classifier Personality insights Relationship Extraction Retrieve and Rank Tone Analyzer Emotive Speech to Text Text to Speech Face Detection Image Link Extraction Image Tagging Text Detection Visual Insights Visual Recognition AlchemyData News Tradeoff Analytics Natural Language Classifier Tone Analyzer © 2016 IBM Corporation 21 Watson Narrative Marchesa, IBM Watson design "cognitive dress” for Met Gala © 2016 IBM Corporation More Cognitive announcements May 10, 2016 IBM announced Watson for Cyber Security—a new version of Watson trained in the language of security and delivered via the IBM Cloud. How will IBM launch a new era of cognitive security? © 2016 IBM Corporation © 2016 IBM Corporation ROSS is built upon Watson, IBM's cognitive computer. Almost all of the legal information that you rely on is unstructured data—it is in the form of text, and not neatly situated in the rows and columns of a database. Watson is able to mine facts and conclusions from over a billion of these text documents a second. Meanwhile, existing solutions rely on search technologies that simply find keywords. So what can ROSS do? • • • • Provide you a highly relevant answer, not 1000s of results, to your question posed in natural language, not keywords. Monitor the law for changes that can positively/negatively affect your case, instead of flooding you with legal news. Learn the more you and other lawyers use it. Offer a simple, consistent experience across all your devices and form factors. Cognitoys by Elemental Path © 2016 IBM Corporation What are you going to do with Watson? Watson Narrative
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