IBM takes aim at Internet of Things with multi-billion dollar investment
- 28 August, 2015 07:46
IBM’s decision to invest three billion and hire 2,000 workers to staff its new Internet of Things Business Unit solidifies its position as a preeminent player and driving force in mainstream IoT adoptions.
The Strategy Analytics IoT Strategies Service Report, “IBM Takes Aim at IoT with Multi Billions Investment” reveals that to date, IBM has invested over US$10 billion to spearhead its interrelated IoT, Analytics and cloud initiatives.
According to the analyst firm, IBM’s worldwide brand, ongoing R&D activities, extensive solutions and high profile partnerships like the Apple Mobile First alliance, make it an IoT powerhouse across many verticals.
“IBM is using its considerable resources to accelerate IoT deployments across a wide variety of verticals,” says Laura DiDio, SA’s Director of IoT Enterprise Research and Consulting, IBM.
“Big Blue is also ensuring close collaboration among its many business groups: Analytics; Systems and Technology (STG); the Watson Business Unit and its Cloud and Services groups to ease the transition.”
The SA Report provides a detailed overview of IBM’s multi-pronged approach to advancing its IoT initiatives utilising four foundational elements: Devices and Networks, Platforms, Applications & Solutions and Industry-specific Transformations.
“IBM’s IoT initiatives underscore the business and technology value enterprises can derive from IoT and Analytics: cost savings; new service development; increased competitiveness and improved efficiency of their business processes,” adds Andrew Brown, Executive Director of IoT and Mobility, Strategy Analytics.