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IBM Watson
Watson is the AI platform for professionals
Type of content:
Assets
Type of asset:
Platform
Big data potential
Yes
Policy domains:
Innovation, Science & Technology
Phase in the policy cycle:
Policy Design and Analysis
TRL
9
Open license availability
Yes
Website
Tags:
BI
Data analytics
Strategic planning
Serves:
| SWOT Analysis for IBM Watson |
||
|---|---|---|
| Helpful | Harmful | |
Internal |
Strengths• Powered by the latest innovations in machine learning: Has the capability of understanding natural language and the ability to learn through repeated use. It literally “gets smarter” through tracking feedback from its users, learning from its successes and failures, and being presented new information. • Learn more with less data. • Integrate AI into your most important business processes: Reimagines your workflows. Your business processes get smarter with Watson. It embeds into your workflows to provide AI when you need it, where you need it. • IBM’S Reputation: Rich industry expertise. • Build models from scratch or leverage APIs and pre-trained business solutions. • Data ownership: When you train with Watson, your insights belong to you. As your models gain value, you maintain ownership of your data. • Accelerate research and discovery • Enrich your interactions: Reduce response times, increase the number of transactions, and make every interaction meaningful and productive. • Anticipate and pre-empt disruptions • Use AI to constantly monitor the condition of systems that power your business to ensure problems don’t disrupt your work. • Recommend with confidence • Scale expertise and learning |
Weaknesses• Available Only in English (Limits areas of use) • Seen as disruptive technology • Maintenance • Doesn't process structured data directly • Increasing rate of data • High switching costs • Takes time to integrate Watson and its services into a company • Targeting towards bigger organizations that can afford Watson • Takes time and effort to learn Watson in order to use it to its full potential |
External |
Opportunities• The volume of unstructured data is growing at a significant rate • Cognitive computer systems • Creating a more natural relationship between humans and computers: Watson has the capability of understanding natural language and the ability to learn through repeated use. It literally “gets smarter” through tracking feedback from its users, learning from its successes and failures, and being presented new information. |
Threats• Competition • Available Only in English (Limits areas of use) • Seen as disruptive technology • Maintenance • Doesn't process structured data directly • Increasing rate of data, with limited resources • High switching costs • Takes time to integrate Watson and its services into a company • Targeting towards bigger organizations that can afford Watson • Takes time and effort to learn Watson, in order to use it to its full potential • Government regulations |
