IBMs CFO Reveals IBMs Innovation Strategy: Why Not Ask Watson
January 11, 2016
The article on TechTarget titled IBM CFO Schroeter on the Company’s Innovation Strategy delves into the mind of Martin Schroeter regarding IBM’s strategy for chasing innovation in healthcare and big data. This year alone IBM acquired three healthcare companies with data on roughly one hundred million people as well as massive amounts of data on medical conditions. Additionally, as the article relates,
“IBM’s purchase of The Weather Co.’s data processing and analytics operations brought the company a “massive ingestion machine,” which plays straight into its IoT strategy, Schroeter said. The ingestion system pulls in 4 GB of data per second, he said, and runs a lot of analytics as users generate weather forecasts for their geographies. The Weather Co. system will be the basis for the company’s Internet of Things platform, he said.”
One of many interesting tidbits from the mouth of Schroeter was this gem about companies being willing to “disrupt [themselves]” to ensure updated and long-term strategies that align technological advancement with business development. The hurtling pace of technology has even meant IBM coming up with a predictive system to speed up the due diligence process during acquisitions. What once took weeks to analyze and often lost IBM deals has now been streamlined to a single day’s work. Kaboom.
Chelsea Kerwin, January 11, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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