This will include US$100 million available for venture investments to support IBM’s recently launched ecosystem of start-ups and businesses that are building a new class of cognitive apps in the Watson Developers Cloud. It’s spending more than US$1 billion on the Watson Group, which will have a staff of 2,000 focusing on development and research and bringing cloud-delivered cognitive applications and services to market. “The move signifies a strategic shift by IBM to accelerate into the marketplace a new class of software, services and apps that think, improve by learning, and discover answers and insights to complex questions from massive amounts of big data,” the company said in a news release.
Today it said it will create the IBM Watson Group to commercializing the technology of cloud-delivered cognitive innovation. has been touting its Watson supercomputer, a powerful number cruncher which it has been using in a number of test projects stretching the limits of analytics.
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