Method for Providing Procurement Related Cognitive Insights Using Blockchains
A method, system and computer-usable medium for providing cognitive insights comprising receiving data from a plurality of data sources, at least some of the plurality of data sources comprising procurement related data sources and blockchain data sources; processing the data from the plurality of data sources to provide a cognitively processed procurement-related, blockchain-associated insight; and, providing the cognitively processed procurement-related, blockchain-associated insight to a destination.
1 . A method for providing procurement related cognitive insights comprising:
receiving data from a plurality of data sources, at least some of the plurality of data sources comprising procurement related data sources and blockchain data sources;
processing the data from the plurality of data sources to provide a cognitively processed procurement-related, blockchain-associated insight; and,
providing the cognitively processed procurement-related, blockchain-associated insight to a destination.
2 . The method of claim 1 , further comprising:
performing a single step procurement operation using the cognitively processed procurement-related, blockchain-associated insight.
3 . The method of claim 1 , further comprising:
performing a learning operation to iteratively improve the cognitively processed procurement-related, blockchain-associated insight over time.
4 . The method of claim 1 , wherein:
the plurality of data sources comprise at least one of situational data sources and temporal data sources, the situational data sources comprising a procurement related situational data source, the temporal data sources comprising a procurement related temporal data source; and,
the blockchain data comprises procurement related blockchain transaction data.
5 . The method of claim 1 , wherein:
the cognitively processed procurement-related, blockchain-associated insight is associated with a procurement compliance requirement.
6 . The method of claim 1 , wherein:
the cognitively processed procurement-related, blockchain-associated insight relates to at least one of a sourcing operation, a contract management operation, supplier management operation, procure-to-pay operation, a spend analysis operation, a strategic planning operation and a risk and compliance operation.