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Transforming Data into Actionable Insights with Cognitive Computing and AI

DOI: 10.4236/jsea.2023.166012, PP. 211-222

Keywords: Business Growth, Technology, Natural Language Processing, Neural Networks, Data Analysis, Pattern Recognition, Automation, Cognitive Computing, Artificial Intelligence, Actionable Insights, Machine Learning, Natural Language, Virtual Assistants, Chatbots, Voice-Activated Devices

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Abstract:

How organizations analyze and use data for decision-making has been changed by cognitive computing and artificial intelligence (AI). Cognitive computing solutions can translate enormous amounts of data into valuable insights by utilizing the power of cutting-edge algorithms and machine learning, empowering enterprises to make deft decisions quickly and efficiently. This article explores the idea of cognitive computing and AI in decision-making, emphasizing its function in converting unvalued data into valuable knowledge. It details the advantages of utilizing these technologies, such as greater productivity, accuracy, and efficiency. Businesses may use cognitive computing and AI to their advantage to obtain a competitive edge in today’s data-driven world by knowing their capabilities and possibilities [1].

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