IBM has reported investing nearly $3 billion over a period of four years in Internet of Things or IoT unit. The company said that they will be establishing an IoT unit in which building a cloud-based open platform is going to be a priority. The company will be providing all the industry grade tools and software for the manufacturers to explore the realm of Internet of Things.
“Our knowledge of the world grows with every connected sensor and device, but too often we are not acting on it, even when we know we can ensure a better result,” Bob Picciano, senior vice president of IBM Analytics, said in a statement.
IBM will be giving access to an IoT Cloud Open Platform that will help the companies involved in the IoT development to analyse the data generated by the smart devices, smartphones, smart vehicles and several other technologies around us. IBM says that within few milliseconds the data generated becomes useless, and the Cloud Open Platform can help in analyzing it.
“IBM will enable clients and industry partners [to] apply IoT data to build solutions based on an open platform,” Picciano said. “This is a major focus of investment for IBM because it’s a rich and broad-based opportunity where innovation matters.”
IBM Bluemix Paas or Platform as a service will also help developers to enrich the existing applications. “This deal combines the capabilities of the world’s largest and most advanced commercial weather company with the leader in big data and analytics,” The Weather Company CEO David Kenny said in a statement. “Together, we’ll help businesses and governments transform their decisions and operations around weather fluctuation at a scale that hasn’t been possible until now.”
Apart from that, IBM has also initiated the projects that will make the cities even smarter and better. IBM’s approach is towards making the Earth green and technologically advanced at the same time.