IBM invests in Watson IoT business' headquarters

Tuesday 4 October 2016 | 11:41 CET | News
IBM unveiled a USD 200 million investment in the new global headquarters for its Watson Internet of Things (IoT) business in Munich as part of a global investment of USD 3 billion designed to bring Watson cognitive computing to IoT. The investment is in response to escalating demand from customers who are looking to transform their operations using a combination of IoT and artificial intelligence (AI) technologies. At present, IBM has 6,000 clients globally who are tapping Watson IoT products and services, up from 4,000 just 8 months ago.

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Categories: Mobile & Wireless
Countries: Germany
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