IBM Watson Destined To Reign Over Internet of Things

IBM Watson will be the next big thing in the Internet of Things business

International Business Machine Corp.’s Watson- a cognitive computing technology has jeopardizes the market. The technology is assisting doctors in treating the patients along with helping the professionals from the finance sector to refer products to clients as per their needs now has a different purpose.

Watson will now assist the IBM clients in skimming through the massive amount of data that is likely to be generated by the masses since objects connected to the Internet are becoming part and parcel of our everyday lives. The expertise of Watson will now be offered to all those clients that opt for IBM’s IoT Foundation cloud product offering.

The service is likely to make use of an API that will allow the computer to comprehend to the way people communicate, analytics service that is predictive along with machine learning, image and video recognition, analytics of texts that will allow the technology to chalk out the meaning of texts that are unstructured. Moreover clients will be able to design products that have a new interface and distinct features.

The company is also coming up with a new headquarter particularly for the Internet of Things division of Watson that will be located in Munich. This headquarter will house 1,000 IBM employees. The headquarter in Munich will also serve as an “experience center” which can be accessed by the IBM clients so that they can have hands on experience with Watson.

Similar to the announcements made by IBM earlier, the company tends to create a lot of hype about news that is somewhat marginal. Earlier in March, the company made an announcement regarding an investment of $3 billion to establish an Internet of Things segment. Later in September, they made Harriet Green the head if their IoT business unit.

According to Fortune, “And given that IBM says that there are more than 9 billion connected devices operating today, and that those devices will generate 2.5 quintillion bytes of new data every day over the next 15 years, it’s hardly a surprise that IBM would involve Watson and its artificial intelligence capabilities to parse that data.” So now the question arises is that what needs to be the thing that the company will focus on in terms of IoT.

At present the company is operating almost 48 data centers all over the globe along with taking into consideration the fact that the data is stored within the geographical jurisdiction of a country in case the local government requires.

Intel To Explore Opportunities In IoT Sector

Intel Corporation has been doing relatively well when it comes to the Internet of Things (IoT) since the company launched its platform for the Internet of Things the previous year.

Intel Corporation has been doing relatively well when it comes to the Internet of Things (IoT) since the company launched its platform for the Internet of Things the previous year. It will not be an overstatement to claim that this might be the sector which will churn in substantial revenues for the company. It needs to be taken into consideration that the company is trying its best to bolster relations with other companies in the Information Technology sector.

Almost a week back, the company made another major accomplishment where they launched their second platform for the Internet of Things. The platform will cater to hardware, software and reference architecture. This platform caters to quite a few reference architectures that boast of the company's recent Quark processors solely devoted to the Internet of Things domain. These are easy and free of cost OS that boast of a diversified cloud suite and analytical capabilities from Wind River.

As per the chip maker, by the fiscal year of 2016, they will launch their SE system on chip (SOC). Since 2014, when Internet of Things was first launched and to date, the IT world has been taken by a storm. Together with cloud computing and wireless communications, the idea was put forward for connect everything together. The idea was to generate synergies so that the flow of information becomes rapid. Thus, in a short time IoT became the core selling product of Intel. The company initially was just upping its game in the PC domain but that particular industry was staggering and stumbling.

So now the company has left its rival behind and is on top of its game. Despite the market has become extremely saturated, the company's effort deserve applause. As per the analytics company, IDC, the market for worldwide sales in the Internet of Things domain has accumulated to $7.1 trillion by the fiscal year of 2020 that was initially $1.9 trillion back in the fiscal year of 2013. According to Intel's financial results for the third trimestral of the fiscal year of 2015, the cloud computing sales which is the biggest segment has gone down by 7% during the same tenure in the fiscal year of 2014.

On the other hand, the sales of Internet of Things have gone up by 10%. So Intel has potential to grow if it starts to streamline its focus further in the IoT domain. There are numerous horizons that can be explored.

Bidness Tech - Intel CEO Diverges Its Focus From PCs

Mr. Krzanich has a strong plan that can change the game for Intel.

Intel Corp., the popular chipmaker’s chief executive officer has taken several incremental steps in the first two years that have helped the company to minimize the reliance on personal computers. But now Mr. Brian Krzanich is taking aggressive steps that are far beyond the limb.

Previously, Intel had been in the limelight since the company has coined a $16.7 billion deal through which they will acquire the programmable chip manufacturer Altera Corp. this is one of the most expensive deals taking place in the company’s history where many Wall Street an analyst consider that Intel has paid more than required.

During an interview, Mr. Krzanich expressed his surprise since the amount they’ve spent to buy Altera is extremely big. He states, “There is a bit of surrealness to it.”

Although Mr. Krzanich is extremely optimistic about this deal since it believes that Altera’s technology can help the company to promote its most lucrative business that is the chips used in corporate data centers. Moreover, it also has the potential to exploit the Internet of Things domain.

The company has made an offer to the stockholders of Altera where they will be getting $54 a share. This is almost 56 percent more the estimate Wall Street Journal made the first time Intel contacted Altera. This has resulted in several consolidations in the chip industry which also includes a bid worth $37 billion.

With the rampant popularity of smartphones and tablets, Intel has several major reasons to follow the pack. Earlier in the 1980’s PCs swiped over the world since they became a breakthrough technology back then. However now with the dynamics of the industry taking a complete 360 turn, the decision by Intel is extremely well thought. Previously the revenues obtained from PC domain fell down by 8 percent which caused the company to stumble.

Intel has been facing several rough patches that have disturbed the company’s existence. But with the new strategy implemented by Mr. Krzabich things are likely to change and get better. According to him smartphones are “not one of the areas that is likely to be a growth engine for the company.”

The vision of the CEO of Intel is extremely focused, long-term and futuristic. He knows what will benefit the firm in the long run thus he has been tailoring the company in a manner that caters to those needs. Mr. Krzanich has also taken prominent steps that will help the firm to attain stability once again.