value insights

International Institute for Analytics’ five analytics predictions- Valutrics

Prediction #1

Organizations will increase classification of cognitive tools across uses

Tom DavenportTom Davenport

Artificial intelligence technologies are not monolithic, Davenport said. IBM Watson, for example, is often thought of as the technology that beat Jeopardy!, but, today, it’s more than 20 different APIs.

In 2017, companies will develop a classification system, even an informal one, to determine “what tool is best suited for what purpose,” Davenport said. Doing so will require expertise, such as a company’s data scientists familiar with the tools, or “you may be better off, at least at the early stages, of hiring somebody,” he said.