Cognitive Procurement Working Group
Chair: Miranda Carington (World Bank, interim)
Cognitive procurement is procurement aided by the autonomous capabilities of artificial intelligence and technologies. The capabilities of cognitive computing in relation to procurement are things such as data mining, pattern recognition, forming of predictive analytics, and natural language processing, which can be applied and can enhance all aspects around the procurement process and enable more informed decisions, and reducing the need for transactional processes to be performed by people. Cognitive procurement remains to an extent uncharted territory not only for UN entities, but also for many private sector organizations. The Procurement Network places cognitive procurement as one of its top priorities and has created this working group for sharing knowledge and best practices.