IBM unveiled a
$200 million investment in a new global headquarters for its Watson IoT
business in Munich, a city which IBM calls the heart of the Industry 4.0 initiative. The investment is part of IBM’s total global
investment of $3 billion whose goal is to bring cognitive computing to IoT. As
part of the announcement, IBM revealed that it has 6000 clients globally who
are tapping Watson IoT solutions and services. The figure is up from 4000 eight
months ago.
The headquarters will host 1000 researchers, engineers, developers, and business experts. It will focus on the automotive, electronics, manufacturing, healthcare, and insurance industries.
The headquarters will host 1000 researchers, engineers, developers, and business experts. It will focus on the automotive, electronics, manufacturing, healthcare, and insurance industries.
IBM also announced new IoT capabilities in blockchain and security, and new clients using Watson IoT.
In IDC’s recent Global IoT Decision Maker Survey, IBM was identified as a major player in many aspects of the IoT market with clear leadership for its IoT platform, software and systems integration.
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