Watson Based Tradeoff Analytics Weighs Options
July 13, 2015
IBM’s Watson now lends its considerable intellect to helping users make sound decisions. In “IBM Watson Tradeoff Analytics—General Availability,” the Watson Developer Community announces that the GA release of this new tool can be obtained through the Watson Developer Cloud platform. The release follows an apparently successful Beta run that began last February. The write-up explains that the tool:
“… Allows you to compare and explore many options against multiple criteria at the same time. This ultimately contributes to a more balanced decision with optimal payoff.
“Clients expect to be educated and empowered: ‘don’t just tell me what to do,’ but ‘educate me, and let me choose.’ Tradeoff Analytics achieves this by providing reasoning and insights that enable judgment through assessment of the alternatives and the consequent results of each choice. The tool identifies alternatives that represent interesting tradeoff considerations. In other words: Tradeoff Analytics highlights areas where you may compromise a little to gain a lot. For example, in a scenario where you want to buy a phone, you can learn that if you pay just a little more for one phone, you will gain a better camera and a better battery life, which can give you greater satisfaction than the slightly lower price.”
For those interested in the technical details behind this Watson iteration, the article points you to Tradeoff Analytics’ documentation. Those wishing to glimpse the visualization capabilities can navigate to this demo. The write-up also lists post-beta updates and explains pricing, so check it out for more information.
Cynthia Murrell, July 13, 2015
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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