In addition, Watson is
Watson came on the scene in 2011 as a contestant on the TV show Jeopardy. Watson was impressive, using its artificial intelligence to defeat 2 of Jeopardy’s all-time champions. Like most of its AI competition, Watson is a product of machine learning, natural language processing and statistical analysis.
For Watson the input (data) have been in the form of research papers, industrial data reports and other scholarly works. IBM CEO Virginia Rometty told investors in 2015 that Watson was expected to generate about $10 billion in revenue by 2024. To date the platform operates in commerce, education, financial services, health, Internet of Things (IOT), marketing, supply chain management and more.
So Far Not So Good
Over the past 5 years IBM’s total revenue has declined at an average rate of 6.42%. Much of this due to the fact the company’s dominance in mainframes and other areas of the equipment segment has declined. Though IBM has attempted to transition to a strategic cloud business, growth has been unimpressive.
All The Marbles
There’s the cybersecurity angle via which Watson basically rides shot gun with security analysts and helps them defend against attacks. To prepare the super computer has ingested more than 1 million security documents. The idea is to know Watson’s skill and speed to go through all these documents to help make up for a shortage of security analysts. In short, IBM hopes Watson will help current companies reduce the time spent on cybersecurity investigations.
311 And More
Finally, Visa Inc. (NYSE: