Indellient Enters IBM Watson Build Competition and Excels to Round Two
Indellent is on the path to potentially join more than 200 market-ready solutions that are using cognitive intelligence. We are trying our hands at our own Watson-powered project and taking part in the Watson Build competition – an IBM initiative encouraging participants to think about what they can do differently for their clients by harnessing the machine-learning capabilities of Watson.
In 2016, IBM envisioned the innovative uses of cognitive computing and launched the Cognitive Build program – and are now calling upon their IBM Partners to take part in an innovative experiment. Watson Build allows organizations to develop a cognitive solution and bring it rapidly to market, and turn their cognitive solutions into a reality.
We entered the competition with a mission to improve client communications, specifically for highly regulated industries such as healthcare payer organizations and described a prototype with an automated document inspection capability.
The cognitive solutions market represents a tremendous growth opportunity for businesses. In fact, IDC reports that by 2020 global cognitive/AI spending will reach $47 billion. This spend will come from many industries, of which the top 3 are Banking (19%), Retail (18%) and Healthcare (11%).
Indellient is hoping that this competition will create new opportunities and position us to succeed in the cognitive marketplace.
After succeeding in the first “Idea” phase of the IBM Watson Build Competition, we have moved up to round 2 – the “Build” phase.
“The Watson build competition provides our team with a unique opportunity to combine our experience and investments in data and analytics solutions with the industry leading capabilities of IBM’s Watson organization. We are excited about proceeding to stage 2 of this competition and the opportunity to develop our product ideas and capabilities in the cognitive space,” says Indellient’s Managing Partner, Adam Caromicoli.
The winners of this round will build and submit a working prototype for judging in the 3rd and final “Build” phase. The winners will then pitch their business plan and solution in front of a panel of judges.
Indellient is one of a handful of North American finalists and is competing against organizations from 8 geographical zones.
Stay tuned to keep up with Indellient’s progress!