comscore IBM to create a new Internet of Things unit by investing $3 billion
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IBM to create a new Internet of Things unit by investing $3 billion

IBM has announced that it will create a new "Internet of Things" unit and will invest $3 billion over four years to build on it. The idea behind the "Internet of Things" is that sensors will be embedd

  • Published: March 31, 2015 4:46 PM IST
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IBM has announced that it will create a new “Internet of Things” unit and will invest $3 billion over four years to build on it. The idea behind the “Internet of Things” is that sensors will be embedded in everything and networked to create data. This flow of data could improve operations. Also Read - IFA 2020: Realme launches a 55-inch 4K Smart TV, wireless headphones with ANC, and more

IBM will invest at least $1 billion to get the effort rolling and throws its hardware, software and consultants at the issue. In this respect, the formation of the “Internet of Things” unit rhymes with what IBM did with e-commerce, analytics, and cloud and cognitive computing. Also Read - Realme Link app announced for its upcoming IoT products

IBM has announced a partnership with the business-to-business division of The Weather Company, owner of The Weather Channel. The partnership will deliver micro weather forecasts using sensors from aircraft, drones, buildings and smart phones. Also Read - Arvind Krishna will take over as CEO of IBM, James Whitehurst to be President

IBM said that the partnerships like the one with The Weather Company and the one announced last year with Twitter are the cornerstones of a strategy to put them on the cutting edge of a burgeoning technology. The Weather Company will also move its data services platform to IBM’s cloud platform and will integrate Big Blue’s analytics tools such as Watson Analytics.

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  • Published Date: March 31, 2015 4:46 PM IST



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