|By PR Newswire||
|January 9, 2014 09:30 AM EST||
ARMONK, N.Y., Jan. 9, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced it will establish the IBM Watson Group, a new business unit dedicated to the development and commercialization of cloud-delivered cognitive innovations. The move signifies a strategic shift by IBM to accelerate into the marketplace a new class of software, services and apps that think, improve by learning, and discover answers and insights to complex questions from massive amounts of Big Data.
IBM will invest more than $1 billion into the Watson Group, focusing on development and research and bringing cloud-delivered cognitive applications and services to market. This will include $100 million available for venture investments to support IBM's recently launched ecosystem of start-ups and businesses that are building a new class of cognitive apps powered by Watson, in the IBM Watson Developers Cloud.
According to technology research firm Gartner, Inc., smart machines will be the most disruptive change ever brought about by information technology, and can make people more effective, empowering them to do "the impossible." 1
The IBM Watson Group will have a new headquarters at 51 Astor Place in New York City's "Silicon Alley" technology hub, leveraging the talents of approximately 2,000 professionals, whose goal is to design, develop and accelerate the adoption of Watson cognitive technologies that transform industries and professions. The new group will tap subject matter experts from IBM's Research, Services, Software and Systems divisions, as well as industry experts who will identify markets that cognitive computing can disrupt and evolve, such as healthcare, financial services, retail, travel and telecommunications.
IBM's New Catalyst for Innovation and Market Transformation
The IBM Watson Group will be led by Michael Rhodin, who most recently served as Senior Vice President, IBM Software Solutions Group, responsible for delivering industry-specific solutions in high-growth areas such as Business Analytics, Smarter Commerce, Smarter Cities and Social Business.
"IBM has transformed Watson from a quiz-show winner, into a commercial cognitive computing breakthrough that is helping businesses engage customers, healthcare organizations personalize patient care, and entrepreneurs build businesses," said Michael Rhodin, Senior Vice President, IBM Watson Group. "Watson is one of the most significant innovations in IBM's 100 year history, and one that we want to share with the world. With these investments we strive to make new markets, reach new buyers and transform industries and professions."
A major initiative for the IBM Watson Group will be to continue advancing its research and development to accelerate the delivery of cognitive innovations to organizations via the cloud.
As part of this initiative IBM will engineer Watson to be deployed on Softlayer, the cloud computing infrastructure business recently acquired by IBM.
In addition to launching the IBM Watson Group, IBM is announcing three new services based on Watson's cognitive intelligence.
IBM Watson Discovery Advisor aims to revolutionize how industries such as pharmaceutical and publishing conduct research. Representing a giant leap from existing research tools that churn out thousands of search results their users must wade through, the Watson Discovery Advisor will delve into the influx of data-driven content today's researchers face, and uncover connections that can speed up and strengthen their work.
IBM Watson Analytics allows users to explore Big Data insights through visual representations, without the need for advanced analytics training. The service removes common impediments in the data discovery process, enabling business users to quickly and independently uncover new insights in their data. Guided by sophisticated analytics and a natural language interface, Watson Analytics automatically prepares the data, surfaces the most important relationships and presents the results in an easy to interpret interactive visual format.
IBM Watson Explorer is designed to help users across the enterprise uncover and share data-driven insights more easily, while helping organizations launch big data initiatives more quickly. Watson Explorer provides users with a unified view displaying all of their data-driven information, as well as a framework for developing information-rich applications that deliver a comprehensive, contextually-relevant view of any topic for business users, data scientists and a variety of targeted business functions.
A Hub for Cognitive Innovation and Exploration
For entrepreneurs and start-ups, the Watson Group's Silicon Alley headquarters will provide a business incubator offering the technology, tools and talent to create and launch new products and businesses based on Watson's cloud-delivered cognitive intelligence. As a result, business partners will gain the support to achieve their visions for solving industry and societal challenges, and meeting marketplace demands that are currently unmet.
The Watson Group's headquarters will also provide a client solutions center, serving as a place for IBM clients to experience cognitive technologies and learn how they can help transform their businesses. In addition, the headquarters will host a design lab for continuously enhancing the user experiences for cognitive applications and services used by IBM clients and partners.
The Watson Group will also offer workshops and seminars on topics such as development skills, as well as networking opportunities. These events will build upon the more than 1,000 academic partnerships that IBM has developed to prepare university students for careers in cognitive computing, big data and analytics. This includes Watson-inspired business and technical challenges, new curriculum, faculty grants and internships.
A Turning Point for Computing and Big Data Discovery
Nearly three years after its triumph on the television quiz show Jeopardy!, IBM has advanced Watson from a game playing innovation into a commercial technology. Now delivered from the cloud and able to power new consumer and enterprise apps, Watson is 24 times faster, smarter with a 2,400 percent improvement in performance, and 90 percent smaller – IBM has shrunk Watson from the size of a master bedroom to three stacked pizza boxes.
Named after IBM founder Thomas J. Watson, IBM Watson was developed in IBM's Research labs. Using natural language processing and analytics, Watson processes information akin to how people think, representing a major shift in an organization's ability to quickly analyze, understand and respond to Big Data. Watson's ability to answer complex questions posed in natural language with speed, accuracy and confidence is transforming decision making across a variety of industries.
IBM has partnered with a range of healthcare organizations to help transform how medicine is practiced, paid for and taught, with the help of Watson-powered solutions. This includes collaborations with Memorial Sloan-Kettering Cancer Center, WellPoint, the University of Texas MD Anderson Cancer Center, and Cleveland Clinic Lerner College of Medicine of Case Western Reserve University.
In May 2013, IBM unveiled the Watson Engagement Advisor, a commercial breakthrough that helps businesses deepen and redefine engagement with customers. Top brands including DBS Bank and Nielsen are exploring how Watson can help them engage customers.
In November 2013, IBM announced it would make Watson available as a development platform in the cloud, enabling software application providers to build a new generation of apps infused with cognitive computing intelligence. This includes the Watson Developers Cloud: a cloud-hosted marketplace where application providers can tap into resources for developing Watson-powered apps, including Watson's API. Three business partners plan to go to market in 2014 with Watson apps, from Fluid to transform how consumers shop, from MD Buyline to help hospitals procure devices, and Welltok to enable health plans to engage their members. Currently more than 760 applicants have shared their ideas for creating cognitive apps that redefine how businesses and consumers make decisions.
IBM collaborated with eight universities to develop Watson's capabilities. Over the past three years, IBM has introduced through its Academic Initiative a range of academic programs to prepare today's students to become tomorrow's cognitive computing leaders. This includes Watson-focused case competitions with the University of Connecticut (UConn), University of Rochester and University of Southern California (USC). IBM also works with schools such as Michigan State University and UConn to develop Watson-inspired curriculum, while offering faculty grants to fuel additional coursework. Other academic ventures include the Watson internship program and IBM's donation of Watson technology to Rensselaer Polytechnic Institute.
For more information on IBM Watson, please visit www.ibmwatson.com
To join the social discussion about Watson include the hashtag #ibmwatson
Follow Watson on Facebook: www.facebook.com/ibmwatson
For more insights on this story please read these posts on IBM's A Smarter Planet blog: http://ibm.co/1a97sMd, http://ibm.co/JHvmaY, http://ibm.co/KDGHJU
For additional perspectives on this story, please watch this video.
To view a Flickr image gallery that illustrates today's news please click here.
To view b-roll footage related to this news, please click here.
To visit the official IBM Watson microsite, please click here.
1 The Disruptive Era of Smart Machines Is Upon Us, #G00257743, September 30, 2013, Tom Austin, Gartner, Inc.
Lia P. Davis
IBM External Relations
IBM External Relations
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Oct. 24, 2016 03:15 AM EDT Reads: 1,282
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 24, 2016 02:45 AM EDT Reads: 1,097
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Oct. 24, 2016 02:30 AM EDT Reads: 1,047
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
Oct. 24, 2016 02:15 AM EDT Reads: 828
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Oct. 24, 2016 01:15 AM EDT Reads: 1,887
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
Oct. 24, 2016 01:15 AM EDT Reads: 3,922
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Oct. 24, 2016 01:00 AM EDT Reads: 780
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
Oct. 24, 2016 01:00 AM EDT Reads: 3,572
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
Oct. 24, 2016 12:45 AM EDT Reads: 1,347
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
Oct. 24, 2016 12:45 AM EDT Reads: 963
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Oct. 24, 2016 12:45 AM EDT Reads: 2,481
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Oct. 24, 2016 12:45 AM EDT Reads: 759
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 24, 2016 12:15 AM EDT Reads: 882
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Oct. 24, 2016 12:00 AM EDT Reads: 3,975
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Oct. 23, 2016 11:45 PM EDT Reads: 11,358