IBM has launched Watson Analytics; a natural language based cognitive service. The service can provide Instant access to predictive and visual analytic tools for businesses. It is especially designed to make advanced and predictive analytics easy to procure and use for everyone. The first version of the service will incorporate a freemium version of its cloud-based service designed to run on desktop and mobile devices.
Along with this, Watson Analytics will also provide full range of self-service analytics, including access to easy to use data refinement and data warehousing services that make it easier for business users to acquire and prepare data – beyond simple spreadsheets — for analysis and visualization that can be acted upon and interacted with. The IBM Watson Analytics automates steps like data preparation, predictive analysis, and visual storytelling for business professionals across data intensive disciplines like marketing, sales, operations, finance and human resources.
Speaking about this, Bob Picciano, Senior Vice President, Information and Analytics Group, IBM said, “Watson Analytics is designed to help all business people – from sales reps on the road to company CEOs – see patterns, pursue ideas and improve all types of decisions. We have eliminated the barrier between the answers they seek, the analytics they want and the data in the form they need. The combination of Watson-fuelled analytics to magnify human cognition, the vast potential of big data, and cloud-scale delivery to PCs, smart phones and other devices is transformational”.
The key features of IBM Watson Analytics include single business analytics experience, guided predictive analytics and natural language dialogue. Watson Analytics offers a unified analytics and data experience on the cloud. Like other IBM Cloud solutions, it will also be hosted on SoftLayer and available through the IBM Cloud marketplace. The company will also be providing the service through IBM Bluemix to allow developers and ISVs to leverage its capabilities in their applications.
Moreover, some of the Watson Analytics capabilities will be available for beta test users within 30 days, and offered in a variety of freemium and premium packages starting later this year.