IBM last week reaffirmed its commitment to Watson and the value that Cognitive Computing will bring to our future. With IOT we're moving to an era of massive data, driven by orders of magnitude reduction in the cost of collecting and maintaining that data. But what do we have when we have lots of data -- well the answer is simple -- "lots of data". With billions of devices potentially connected and interconnected, traditional approaches to leveraging operational data will become unmanageable. Why collect all of this data if we're not going to do something of value with it?
So what's the answer? Well, Cognitive Computing will become a key aspect of the value for IOT. Cognitive Computing will allow us to draw insights that would have not been possible in the past. We'll find the root cause for failures faster, allowing us to further prevent failures through operational insights provided by Cognitive techniques. We'll be able to turn "lots of data" into truly actionable insights, and provide them to technicians in a prescriptive form.
Think about how Watson has transformed the medical field. Medical personnel are now presented with a list of diagnoses with a probability for each based on analysis of the symptoms. What prevents us from applying these same techniques to inanimate "things"? Why not leverage the wealth of data being collected from "things" to feed a Cognitive system which produces not only a list of potential failures with a confidence factor about their possibilities, but more importantly what if a Cognitive system provided insights into maintenance - where maintenance operations become individualized based on operational environments potentially saving millions in unnecessary maintenance, while also eliminating failures.
We're truly at an inflection point in the possibilities and opportunities to revolutionize our future.