Watson’s AI will help you find shoes at Macy’s, Workday buys big data analytics company, Google releases machine learning APIs, and more in our Big Data Roundup for the week ending July 24.
IBM has opened a new office in San Francisco to channel further growth in its supercomputing business as it claims 77,000 developers across the world are using its Watson Developer Cloud to pilot, test and deploy new business ideas.
The San Francisco office will open in 2016 to give local start ups access to Watson technology for their software projects. The facility will include resources dedicated to IBM’s new Spark processing technology as the vendor seeks to get Spark users interested in Watson, it said. IBM claims 100 companies have released software services based on Watson.
With a reported $ 100 million of venture capital fund earmarked for startups looking to build products on Watson, IBM now plans to offer its nascent partners technical support and consultancy on business plans, in addition to market making initiatives that include introductions to potential customers.
In September IBM opened a new Watson Health business centre in the Boston area to target the health sector and pharmaceutical industry. The new cloud initiative comes in the wake of reports of declining revenues in 13 consecutive quarters, while the app economy is ‘in full swing’, as IBM described it, with industry revenue projected to grow to $ 143 billion in 2016, according to analyst IDC. By 2018 half of all consumers will interact with services based on cognitive computing on a regular basis, according to the analyst.
IBM also announced a new expanded portfolio of application programming interfaces into Watson, bring the net total to 50. IBM’s cloud development partners have created systems for query support for card payments, customer support Q&As for financial services, live event media aggregation ‘as a service’ social marketing and apps for the entertainment and marketing industries. Early investment partners include WayBlazer, Sellpoints, Welltok, Pathway Genomics, Modernizing Medicine and Fluid.
In the UK, IBM has created three new Watson partners 50wise, Volume and SocialBro, which have created cloud apps for financial services, sales training and online marketing.
SAN FRANCISCO — IBM’s Watson supercomputer is coming to San Francisco to do more business with Silicon Valley startups.
The company will be opening a new cognitive computing hub for Watson, called Watson West, next year in San Francisco. IBM’s Senior Vice President Mike Rhodin announced the news during an event in San Francisco Thursday
The goal of the center is to make it easier for local developers, startups and venture capitalists to tap into Watson’s cognitive computing abilities
As IBM continues to expand its Watson business, opening up an official Bay Area presence represents a big opportunity for the company. Rhodin noted that there are already many startups whose products rely on Watson’s technology.One fantasy sports startup, called Edge Up Sports, for instance, uses Watson APIs to help users make decisions for their fantasy teams Read more…
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IBM has introduced new hybrid cloud capabilities for Watson to help companies to connect their data with web applications in the cloud. Watson Hybrid Cloud solution will use Watson Explorer as the default platform for application development, combining enterprise data sources in the application through a scalable environment that keep local and private data secure.
With the new hybrid cloud capabilities, users can more quickly extract business intelligence from data housed in multiple environments – traditional or cloud. In addition, IBM has announced the addition of 270 new partners to the ecosystem of Watson, as well as new specialized cognitive apps in different sectors such as entertainment, energy, health and tourism in order to save time, risk, and ensure regulatory compliance.
Cognitive application developers often face the challenge of where to locate the data and can not move them all to a public cloud for different reasons, either because of their huge amount, or by privacy requirements, regulations or security. Using the IBM hybrid cloud capabilities, users can quickly extract business intelligence data hosted securely in multiple environments.
The platform allows companies to develop applications in seconds and with minimal configuration. Watson Hybrid Cloud solution will use Watson Explorer as the default platform for application development, combining enterprise data sources in the application through a scalable environment that keep local and private data securely.
IBM Watson Analytics automates some steps of the analysis, such as data preparation, predictive analysis and visualization in an understandable way for different departments within a company, such as marketing, sales, operations, finance and human resources.
IBM has also renewed its portfolio with new products that allow companies to integrate hybrid cloud solutions in their organization, and meet new workloads generated by the rise of mobile, social and analytical technologies. The new IBM Power Systems, IBM Spectrum Storage, IBM Systems z, IBM Middleware, IBM SoftLayer and OpenStack software, promise to help customers easier navigation between these environments and more valuable for the development of business information.
Last month, IBM launched a new division called IBM Watson Health allowing patients, physicians, researchers and insurance sectors to deal effectively with health data. The unit offers a secure platform for open cloud for doctors, researchers, insurance companies and solution-oriented health and wellness, allowing anonymity to share and combine data concerning health companies.
MarketsandMarkets, the consulting and market research firm, has estimated that the growth of hybrid cloud will reach about $ 84.67 billion in 2019. The results of this study show the increasing adoption of the hybrid cloud computing model.
The main features of the hybrid cloud computing model are the standards and shared services, packaged solutions, self-service, scalable, price based on use, accessible via the Internet, standard UI technologies and publishing services and API, which result in a more efficient use of IT assets , greater agility to launch new services and greater cost efficiency.
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