Ting Hsuan Lin | September 26, 2016
IBM has confirmed that it will be investing $3 billion in a new division that will focus on the Internet of Things.
The investment will be cashed out in the next four years, will help Big Blue build a cloud-based open platform that will help its clients and ecosystem partners better “integrate real-time data and insights”.
The company claims that only 10% of data generated by “at-the-edge” devices (smartphones, tablets, appliances or connected vehicles) is analyzed or followed up, with only two-fifths of it still relevant past the one-second threshold.
Three new solutions have been unveiled by IBM to tackle this issue. An IoT Cloud open platform for industries, a Bluemix PaaS IoT zone and an IoT ecosystem.
IBM is trying to reinvent itself as a cloud-first company, moving away from its traditional hardware business as it sold its x86 server business to Lenovo and acquired SoftLayer to boost its data center offering in 2013.
– KienNH1 –