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DATA & ANALYTICS BLOG

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IBM Watson Discovery and Natural Language Understanding

Posted by LPA Software Solutions on Mar 25, 2021 3:29:21 PM

IBM recently commissioned Forrester Consulting to evaluate the total financial impact of IBM Watson Discovery and IBM Natural Language Understanding.

The study found that over a three-year period enterprise business can see the following benefits:

  • 383% ROI
  • $4.86M Net present value (NPV)
  • 13-month payback period

Enterprises are overflowing with data that contain insights about customers, answers to employee queries, and a window into predictable trends. Giving knowledge workers the ability to find specific answers fast can reduce time spent on information-gathering tasks by 50%

Want to know more? Check out this blog post and download the report.

Check Out the on demand IBM Webinar "Expert Overview of Cost Savings and Business Benefits Improved by Employing IBM Watson Discovery and Natural Language Understanding"

Forrester Principal Analyst Mike Gualtieri in conversation with TEI consultant Sarah Musto as they discuss the total economic impact study conducted by Forrester Consulting commissioned on behalf of IBM.

Access the webinar here!

IBM Digital Event: IBM Watson Discovery and Natural Language Understanding

Topics: Webinar, Cloud Pak, Cognos Analytics, Data Science & AI