Global Cognitive Operations Market: Key Highlights
Global Cognitive Operations Market: Key Market Dynamics
Global Cognitive Operations Market: Regional Overview
Asia-Pacific is a leading region in technological development which includes China, Japan and South Korea. According to Cisco Systems, Inc., anticipated that in Asia-Pacific, big data analytics (43%) and IoT (43%) are the significant and influential technologies among digital automation technologies followed by cloud (37%) advanced robotics (26%), 3D visualization (24%) and 3D printing (21%). The region economies such as Japan, South Korea, Singapore, and Taiwan, China indicated that ICT and digital automation are becoming a growing element of the economic, social and government development.
Western Europe is the second-largest region in terms of spending on machine learning and the Artificial Intelligence project. However, in 2018 Western Europe with spending of €2.6 billion in AI, there is growth in the financial sector. It has been anticipated that by 2022, there will be a large interest in both public and private sector which is excepted to increase total spending €9.4 billion.
Global Cognitive Operations Market: Key Players Overview
International Business Machines (IBM), is a global technology company that provides cloud-based services, hardware and software. With IBM solution for cognitive network operations center or cognitive service operation center where the organization can leverage cognitive computing to reduce the operational costs and to improve network and services availability. Also, improve customer satisfaction and helps to reduce service-level agreement.
Splunk Inc. develops web-based application software. The company provides software that collects and analyzes machine data generated by websites, applications, servers, networks, and mobile devices. It is a technology company that provides operational intelligence software that monitors and analyzes real-time machine data. Splunk software can help to increase and simplify the IT operation to boost service and productivity.
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