Dating back to the 1950s, the quest for enhancing the capabilities of machines for better output has evolved a long way. With time, the cognitive computing has become more mature and efficient. The ability to crack multiple algorithms for comprehending and garnering information from the huge datasets makes cognitive computing a long-term constant in the business processes for ages. Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP) and similar technologies have made it possible to render computers the ability to understand, remember, and produce results.
Cognitive computing has found application in infrastructure and transportation, retail, travel, entertainment, financial services, education, marketing, human resources, and medical and life sciences. While data-driven businesses today look to find and understand the information for the best possible decisions making, cognitive technologies have been instrumental in delivering the same. For instance, organizations in the healthcare industry are adopting cloud tracking options, focusing on attaining detailed information about patients, thereby facilitating faster diagnoses and treatment. Retail companies are trying to keep up with cognitive capabilities to achieve seamless business automation, accurate predictions and glean future-ready insights. That’s not all; with computer vision playing at the cognitive core, organizations are better equipped with security measures such as face recognition, gesture analysis, and improved surveillance. All these are focused on a single objective—improving business decision making processes by learning from experiences.
While cutting-edge technology ensures a long-term growth for the cognitive space, it is an uphill task for customers to decide on one from the wide assemblage of solutions. To make this task easier, we have assessed the top startups that solve cognitive computing challenges by implementing the current technological trends in the sector. A distinguished panel comprising CEOs, CIOs, VCs, Analysts and the editorial board of StartupCity has selected a list of cognitive startups.
We present to you StartupCity’s “15 Most Promising Cognitive Startups - 2018.”