The Corvus Magazine 4th Edition | Page 29

The Corvus | August 2018 How Cognitive Commerce Makes Everyone’s Life Easier Aisha Sheidu-Balogun It is estimated that 2.5 quintillion bytes of data are created every day; it’s okay if you’re not entirely sure what that means but it means a lot. Apparently, 90% of the data in existence today were created in the last three years. Yet, the way we process that data is not developing as fast; roughly 80% of data is still in the dark. We know it’s there, but we can’t see it, we can’t use it, it can’t help us solve problems. However, this is changing gradually, thanks to cognitive solutions. As we all race towards digital, it is easy to underestimate the real benefits of digitalization. Why is it so important? How useful can Big Data and Internet of Things (IoT) really be without fully understanding what they bring into our lives? Cognitive solutions clarifies big data in a way that benefits us and businesses around us. Human activity is difficult to break down into binary data and codes. It can’t easily be distilled into numbers and statistics, charts and graphs. The majority of the digital information collected by our mobile devices, IoT, connected home wares and wearable tech-devices aren’t numerical. This data comprising of natural speech, sight and sound were essentially invisible before cognitive. It’s almost as if the Sci-Fi movies of the 80s are becoming reality. Can you remember Barney and Friends - the American children's television series that featured the title character, Barney - the big purple dinosaur? Interestingly, its only kids of the 90s and early 2000s that can relate to this as Barney has been replaced with Cognitoy for today’s kids. Cognitoy is a supercomputer packaged into this cute little dinosaur. Cognitoy – an internet connected smart toy that learns and grows - was launched towards the end of 2015 and brings Cognitive solution into early learning years of children. It connects to home Wi-Fi and allows kids to directly engage in intelligent conversations with it as it listens, speaks and simultaneously evolves, learns and grows with the kids. After the initial details are entered into the toy by the parent(s)/guardian(s), there’s no need for further programming. Although parents still have parental control via the parent panel, Cognitoy constantly evaluates the child’s abilities, changing its interactions to further develop their skills. It can answer questions, tell stories, play games, crack jokes while relating in a natural child appropriate manner. Cognitoy is smart, constantly evolving, easy to set-up and acts as an educational buddy for kids. The Forerunner of cognitive computing is IBM’s Watson, a computer running software capable of answering questions posed in natural language. How Cognitive Makes Everyone's Life Easier 28