Articles about watson

Watson Power7 cluster. Pic: IBM

Big(ish) Blue: IBM sales creep up four per cent, share price follows suit

IBM is touting the growth in its "strategic imperatives" business lineup with helping its revenues once again gain over the year-ago quarter. It wasn't all great news for Big Blue, however, as other favored businesses such as Cognitive Solutions and Technology Services and Cloud were flat or down from the year-ago period. For …
Shaun Nichols, 19 Jul 2018

Thrice, in a trice, IBM cloud cuts prices

IBM has cut the price of cloud services three times in a week. It's far from unusual for clouds to cut prices: AWS and Azure often trade price cuts and say they're duty bound to pass them on as their economies of scale improve. IBM, however, enjoys a lowly position on Gartner's most recent Magic Quadrant for infrastructure as …
corpse

IBM's Watson Health wing left looking poorly after 'massive' layoffs

IBM has laid off approximately 50 and 70 per cent of staff this week in its Watson Health division, according to inside sources. The axe, we're told, is largely falling on IBMers within companies the IT goliath has taken over in the past few years to augment Watson's credentials in the health industry. These include medical …
Iain Thomson, 25 May 2018
Robot wearing a business suit

IBM asks remaining staff to take career advice from HR-bot

IBM staff are being asked to eat the company's dogfood in the form of an AI-infused career advice chatbot named “Myca”. The Register understands that Myca – an acronym for “My Career Advisor” - was developed in a staff hackfest and is sold as the Watson Career Coach. Multiple IBMers of our acquaintance tell us that a great …
Simon Sharwood, 14 Nov 2017
IBM Headquarters, Armonk, NY

IBM launches unified data analytics system, promises machine learning for all

IBM has announced a unified analytics system that allows data scientists to work across multiple data stores in ways the company said should eliminate time-consuming data integration and preparation. The Integrated Analytics System, launched at the Strata Data Conference in New York, aims to let data scientists develop and …
Rebecca Hill, 28 Sep 2017
Crop of doctor with pen and clipboard

AI in Medicine? It's back to the future, Dr Watson

Analysis "OK, the error rate is terrible, but it's Artificial Intelligence – so it can only improve!" Of course. AI is always "improving" – as much is implied by the cleverly anthropomorphic phrase, "machine learning". Learning systems don't get dumber. But what if they don't actually improve? The caveat accompanies almost any …
Andrew Orlowski, 25 Sep 2017
Watson Power7 cluster. Pic: IBM

Watson AI panned, 5¼ years of sales decline ... Does IBM now stand for Inferior Biz Model?

Analysis If there's one thing you can give IBM credit for, it's Big Blue's ability to put on a brave face. Not only has its Watson offering been skewered by Wall Street analysts, it's also just reported its 21st straight quarter of revenue decline. Its CEO Ginni Rometty, whose annual pay package is a whopping $33m (£25m), hasn't …
Shaun Nichols, 19 Jul 2017
results

IBM. Sigh. Revenues. Sigh. Down. Sigh. For the 20th quarter in a row

IBM says it is right on track for the coming fiscal year: everything is going to plan and its sales are falling just as expected. Hurrah for Big Blue! For its first quarter of 2017, which ended on March 31, Indian Business Machines' "strategic imperatives" core of divisions were up 12 per cent, even as other areas of the …
Shaun Nichols, 19 Apr 2017

Watson can't cure cancer ... or all the stuff that breaks IT projects

A University of Texas audit report last week tipped a bucket on the conduct of a high-profile “Watson to cure cancer” project. The University has criticised the MD Anderson Cancer Center's “Oncology Expert Advisor (OEA) Project”, which since 2014 has poured tens of millions into seeing if IBM's Watson was smart enough to beat …
Sherlocks

Analyse this: IBM moves Watson machine learning to mainframes

IBM is adding the machine learning technology from Watson to its z/OS mainframe for smarter, faster analytics of transaction data. Big Data analytics is typically applied to unstructured data in the Hadoop world. By contrast, older data warehousing and business intelligence (DW/BI) products are applied to structured data in …
Chris Mellor, 16 Feb 2017
Watson Power7 cluster. Pic: IBM

Elementary, my dear IBM: When will Watson make money?

IBM Watson has taken heat from Wall Street for not adding to Big Blue's revenue as the company reported a 19th successive quarter of decline. The Watson brand won worldwide attention back in 2011 when the supercomputer defeated human contestants during a special series of television quiz show Jeopardy. Now the brand lives on …

Big Blue's blues diffuse: IBM's sales drain now more like a sad trickle

IBM is touting growth in its cloud and cognitive business units as the enterprise giant wraps up a year of double-digit revenue declines. Big Blue said that for its fourth quarter of 2016, ended December 31, revenues were nearly flat over the same period last year and net income was up slightly. Revenues of $21.8bn were down …
Shaun Nichols, 20 Jan 2017

IBM: Hm, medical record security... security... Got it – we need blockchains

IBM says it will partner with the US Food and Drug Administration (FDA) on a study of whether blockchain technology could be used to securely transfer medical information. Big Blue says that its Watson Health unit will work with the FDA on a study aimed at pitching a framework for the use of blockchain technologies to make the …
Shaun Nichols, 12 Jan 2017

Imagine a sad deflating balloon. There, that's IBM's servers, storage

Analysis IBM's Systems segment saw dismal revenues in its third quarter results, with declines in both servers and storage. Z System mainframes are benefiting from the Watson-style cognitive computing efforts and both all-flash and software-defined storage are looking up, like beacons of light in the gloom. It's worth stressing that …
Chris Mellor, 18 Oct 2016
Watson Power7 cluster. Pic: IBM

Regulatory compliance problems? Promontory, my dear Watson

Never mind cancer research or climate change: IBM is finally bringing its Watson AI technology to bear on one of the real challenges still facing human civilisation – regulatory compliance. Big Blue has announced plans to snarf up Promontory Financial Group, a risk management and regulatory compliance consultancy, and combine …
Dan Robinson, 3 Oct 2016

Do AI chat bots need a personality bypass – or will we only trust gabber 'droids with character?

Machine communication is an area generating much excitement in AI. The ability to give machines a voice and personality has been the subject of many sci-fi films, and the push in natural language processing has brought that idea closer to reality. All the big AI players are investing in some sort of chatbot. Google just …
Katyanna Quach, 23 Sep 2016

From Watson Jr to Watson AI: IBM's changed, and Papa Watson wouldn't approve

Completed in 1983, IBM's prestigious South Bank office in London, on the banks of the River Thames, owes a lot to the Brutalist style of architecture, popular in the 1960s and 1970s. It makes heavy use of concrete: a solid building for a solid company. The IBM logo has been outside that building for more than 30 years, an …
Billy MacInnes, 23 Jun 2016
Train wreck

IBM shuffles units, axes staff, sees profit shrink

IBM's attempts to re-organize its businesses and focus on its Watson cloud-AI-offering-thing did not prevent Big Blue from tumbling to its sixteenth consecutive quarter of falling revenue. The enterprise giant said on Monday that its new "reporting structures" will show how it is focusing on growth markets like cloud services …
Shaun Nichols, 19 Apr 2016

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