Data & Analytics

09:53 AM
Scott M. Fulton, III, Ingenus
Scott M. Fulton, III, Ingenus
News
Connect Directly
RSS
E-Mail
50%
50%

IBM Breeds New Business Unit To Feed Watson

IBM is investing more than $1 billion in a new business unit. It's banking on a market for cognitive computing services that actually learn and reason.

A New York City press conference marked the official launch of an IBM unit based on Watson, the computer best known for defeating human Jeopardy champions in 2011. This unit is dedicated to selling Watson's natural language, machine learning-based services to enterprises.

At the event, IBM CEO Ginni Rometty invoked a word that biologists would typically reserve for organic life forms. Watson's latest incarnation is "a new species, if I can call it that," she said. "It is taught; it is not programmed. By design, it learns by experience, and it learns from interaction. And by design, it gets smarter over time and makes better judgments over time."

[Read the full article at InformationWeek.]

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Jonathan_Camhi
50%
50%
Jonathan_Camhi,
User Rank: Author
1/13/2014 | 9:52:19 PM
re: IBM Breeds New Business Unit To Feed Watson
Yeah I would imagine that this is the opportunity to work with this unit is one that a lot of forward-thinking institutions will be lining up for.
Byurcan
50%
50%
Byurcan,
User Rank: Author
1/13/2014 | 4:45:22 PM
re: IBM Breeds New Business Unit To Feed Watson
The potential for machines as powerful as Watson to help transform the financial services industry is definitely interesting to follow
Yaldez4FSI
50%
50%
Yaldez4FSI,
User Rank: Apprentice
1/10/2014 | 11:37:28 PM
re: IBM Breeds New Business Unit To Feed Watson
Can be used in banking too. http://www-03.ibm.com/press/uk...
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video