We evolved the technology, we made it more robust, but at the same time, we were working with a half-dozen clients in healthcare and financial services -- brave companies that wanted to work with really raw, emerging technology. -Mike Rhodin, Senior Vice President, IBM Watson at IBM
Unlike other computers, Watson is designed to deal with natural human language found in documents or spoken, unstructured data, and unstructured problems like photos, video footage, and speech. Traditional programs and databases, on the other hand, deal with structured data and fixed decision rules for analyzing the data and arriving at a decision.
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Though Watson began his life as a research project and arguably a PR-stunt, nowadays he has multiple applications in a wide field of industries from the medical industry to customer service work and is even employed in fantasy football of all things.
Watson is helping medical researchers with cancer research by hastening DNA analysis in patients to boost the effectiveness of their treatment.
Watson can also help doctors by going through patient data and by using its natural-language processing (NLP), which can help with identifying potential symptoms and treatments.
In the finance sector, Watson has a role in answering and analyzing different financial questions. He can even give guidance and help to avoid financial downfalls.
The Development Bank of Singapore is one of many who use it in this fashion.
Legal documents and other texts are to us normal people, just utter gibberish devoid of any soul or meaning meant to confuse and bore us. Thankfully Watson's machine brain is unable to be bored and so he is the perfect assistant to those who wish to know more about a certain aspect in a legal text. Using his NLP ability a user can in simple terms type a question and Watson peruses through a myriad of text and produces the relevant parts of the text in citations.
Yes, even a strange hobby like fantasy football can benefit from the use of Watson's abilities. Edge Up Sports uses Watson to analyze National Football Leagues (NFL) live data about the teams and it uses even individual tweets from the players. With this information, fantasy football fans can make better choices in the season.
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One of the bigger things in Watson's current services is the Watson Assistant.
Watson Assistant is a conversation AI platform that helps businesses provide customers with fast, straightforward, and accurate answers to their questions, across any application, device, or channel. You can learn more about how it works in the video below.
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In the last lesson, you created an IBM Cloud account. Let us now have a quick overview of the site and will start the creation of your IoT platform!
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