Print 12 comment(s) - last by Argon18.. on Jan 13 at 12:04 PM

The new unit will be located in New York City and will have 2,000 employees

Citing strong demand for cognitive computing, IBM has decided to create a new business unit specifically for its Watson supercomputer. 

According to Fast Company, the new unit will be called the IBM Watson Group and will be headed by Michael Rhodin, who was senior vice president of IBM's software solutions group.

IBM will be pouring $1 billion into the new unit, with $100 million of it as an equity fund to up innovation at Watson Developers Cloud.

The new unit will be located in New York City and will have 2,000 employees. 

Fast Company described the new venture as transforming Watson into a "Siri for business." Users will be able to ask Watson questions, such as medical diagnoses for diseases or the potential result of certain business decisions, and Watson will be able to give answers right away based on the specific set of parameters. 

IBM will reengineer Watson to be deployed on Softlayer, which is the cloud computing firm IBM acquired for $2 billion last year. 


"We have reached the inflection point where the interest is overwhelming and we recognized we need to move faster," said Stephen Gold, vice president of Watson Business.

Back in November, it was announced that IBM launched "IBM Watson Developers Cloud," which provides app developers with an API and developer kit for the creation of third-party apps for Watson. The aim is to make apps that make use of Watson's cognitive computing abilities. 

A month before that, IBM announced two new Watson projects aimed to specifically help the medical sector: “WatsonPaths” and “Watson EMR Assistant." WatsonPaths shows Watson's course of thinking -- from the initial question to how it arrives at an answer -- and aims to help medical professionals look at new ways of consuming medical information and thinking to arrive at the best treatment options. As for Watson EMR Assistant, it allows for a quicker and more thorough understanding of a patient’s electronic medical records.

For those who need a refresher, Watson is the supercomputer that beat human rivals on theTV show "Jeopardy" back in 2011. Watson has since worked in other fields like medicine and banking to offer better customer service. 

Source: Fast Company

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By gookpwr on 1/9/14, Rating: 0
RE: Well...
By ClownPuncher on 1/9/2014 2:37:25 PM , Rating: 4
That's your fault for misinterpreting and trying to self diagnose, you idiot.

RE: Well...
By Labotomizer on 1/9/2014 5:17:32 PM , Rating: 4
You think I'm going to go PAY someone who's only job is to tell me what is wrong with me!? Google and the internets has completely removed the need for 12+ years of medical school. My GED and "I'm feeling lucky" is all I need!

Then one day Watson became "self-aware"..
By ssnova703 on 1/9/2014 4:21:46 PM , Rating: 2
iRobot, Terminator, Skyrim, etc. etc.. couldn't resist the scifi homage of a machine so intelligent that it becomes conscious of itself.

By futrtrubl on 1/9/2014 5:07:34 PM , Rating: 2
Skyrim, what does a fantasy Norse based country have to do with sentient AIs?

RE: Then one day Watson became "self-aware"..
By boeush on 1/9/2014 11:24:41 PM , Rating: 2
I'm sure by Skyrim you meant Skynet.

Freudian slip? ;-)

By ClownPuncher on 1/10/2014 1:04:53 PM , Rating: 2
He wants to sleep with Skyrim!

By kedesh on 1/9/2014 3:54:13 PM , Rating: 2
Glad it isn't going to be used at a high speed trading firm. what an unfair advantage these traders have compared to someone like me that can't afford a million dollar machine.

RE: trading
By kattanna on 1/10/2014 9:41:43 AM , Rating: 2
who says something like it isnt already in place?

RE: trading
By Argon18 on 1/13/2014 12:04:34 PM , Rating: 2
They already have similar purpose-built machines for high speed trading. That's old news.

waiting for headline
By lagomorpha on 1/9/2014 2:28:21 PM , Rating: 3
I'm still waiting for the headline, "Watson appointed new IBM CEO"

RE: waiting for headline
By BladeVenom on 1/9/2014 7:22:36 PM , Rating: 2
Microsoft is the one who needs Watson right now.

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson

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