Which of these are examples of Watson assisting in compliance-oriented business processes?1 pointAnalyzing structured and unstructured data in incident reports to identify the causes and corresponding mitigation actions.Helping data privacy professionals maintain an up to the minute understanding of the continually evolving regulations, across jurisdictions.Assisting legal teams by analyzing transactions to ensure adherence to tax law compliances.Creating spam filters to prevent phishing scams involving legal notices. Helping professionals analyze contracts and statements of work to facilitate effective contract governance and fulfillment of tangible items and services.
Question
Which of these are examples of Watson assisting in compliance-oriented business processes?1 pointAnalyzing structured and unstructured data in incident reports to identify the causes and corresponding mitigation actions.Helping data privacy professionals maintain an up to the minute understanding of the continually evolving regulations, across jurisdictions.Assisting legal teams by analyzing transactions to ensure adherence to tax law compliances.Creating spam filters to prevent phishing scams involving legal notices. Helping professionals analyze contracts and statements of work to facilitate effective contract governance and fulfillment of tangible items and services.
Solution
All of the options provided are examples of how Watson, IBM's artificial intelligence technology, can assist in compliance-oriented business processes:
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Analyzing structured and unstructured data in incident reports to identify the causes and corresponding mitigation actions: Watson can process large amounts of data, both structured and unstructured, to identify patterns, trends, and insights. This can be particularly useful in incident reports where it can help identify the root causes and suggest appropriate mitigation actions.
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Helping data privacy professionals maintain an up-to-the-minute understanding of the continually evolving regulations, across jurisdictions: Watson's ability to process and understand natural language can be used to keep track of changes in regulations across different jurisdictions, helping data privacy professionals stay updated.
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Assisting legal teams by analyzing transactions to ensure adherence to tax law compliances: Watson can analyze financial transactions to ensure they comply with tax laws. This can be a huge time-saver for legal teams.
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Creating spam filters to prevent phishing scams involving legal notices: Watson can be used to create intelligent spam filters that can identify and block phishing scams, including those involving legal notices.
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Helping professionals analyze contracts and statements of work to facilitate effective contract governance and fulfillment of tangible items and services: Watson can analyze contracts and other legal documents, helping professionals ensure they are fulfilling their obligations and maintaining effective contract governance.
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