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Preparing for the Cognitive Generation of Decision Support
WATSON – SEPTEMBER 2017 Preparing for the Cognitive Generation of Decision Support Every 10 years there has been a significant evolution in computer-based support for decision making. The next cycle, or generation, is due in the early 2020s and is starting to emerge. While this new cognitive generation has several important characteristics, the most significant will be the widespread use of artificial intelligence. This article describes the cognitive generation and provides recommendations for how companies should prepare for it.
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The Evolution of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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The Evolution of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support New generation of business intelligence (BI)/analytics is emerging Artificial intelligence (AI) will be prominent Every 10 years there has been a significant development
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Figure 1 The Decision Support Generations
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 Figure 1 The Decision Support Generations
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A Maturity Model Perspective of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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A Maturity Model Perspective of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 A Maturity Model Perspective of Decision Support Characteristics that identify and describe past, current, and future decision-support generations Strategic Importance Scope Models/Applications/Data Focus Decisions supported Users Data Management The kinds of BI/Analytics Architectural Complexity Governance Value
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The Cognitive Generation of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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The Cognitive Generation of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Cognitive Generation of Decision Support Cognitive generation of decision support co-exists with and builds on previous generations Every generation has at least one “headline” characteristic that captures attention Forthcoming cognitive generation: use of AI
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AI in Cognitive Generation Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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Pervasive Use of AI in Cognitive Generation Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 Pervasive Use of AI in Cognitive Generation Decision Support Today AI is embedded in consumer devices and business applications Advances in neural networks that lead to “deep learning” Systems that improve over time as they accumulate knowledge and learn a domain AI is more prevalent than you realize
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Pervasive Use of AI in Cognitive Generation Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 Pervasive Use of AI in Cognitive Generation Decision Support Natural Language Interfaces Chatbots Visualization Systems/Facial Action Coding Systems IBM’s AI-based Cognitive Computing Initiative
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The Evolution of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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Preparing for the Cognitive Generation of Decision Support
WATSON – September 2017 Recommendations for Preparing for the Cognitive Generation of Decision Support Start Small with a Specific Business Problem or Opportunity Prepare Use Cases Create the Cognitive Generation Architecture Recognize the Changing Governance Needs Help Management Understand BI/Analytics Models and Output Be Creative in Meeting Data Science Staffing Needs Recognize that Advanced BI/Analytics Is a Team Effort Further Develop a Fact-based Decision-making Culture Hire the Smartest People You Can Be Concerned about Privacy
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Preparing for the Cognitive Generation of Decision Support
WATSON – September 2017 Figure 2 Reference Architecture for the Cognitive Generation of Decision Support Adapted from Eckerson, W., “Big Data Analytics: Profiling the Use of Analytical Platforms in User Organizations,” The Data Warehousing Institute, September 2011
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The Evolution of Decision Support
Preparing for the Cognitive Generation of Decision Support WATSON – September 2017 The Evolution of Decision Support A Maturity Model Perspective of Decision Support The Cognitive Generation of Decision Support AI in Cognitive Generation Decision Support Recommendations Concluding Comments
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Preparing for the Cognitive Generation of Decision Support
WATSON – September 2017 Concluding Comments Firms are going through a period of exponential change Technology advances (especially AI applications) change the nature of work, how it is performedv and by whom BI/analytics provides powerful tools for competition To succeed, firms should understand the concepts and insights provided by the decision-support maturity model
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