IBM Links “Internet of Things” to the Enterprise

Bookmark and Share

IBM will invest $3 billion over the next 4 years to establish a new Internet of Things (IoT) unit. In addition, IBM is building a cloud-based open platform designed to help clients and ecosystem partners build IoT solutions.

IBM estimates that 90% of all data generated by devices such as smartphones, tablets, connected vehicles, and appliances is never analyzed or acted on, and as much as 60% of this data begins to lose value within milliseconds of being generated. 

IBM’s work in Smarter Planet and Smarter Cities initiatives is based on practical applications of IoT in the enterprise and has led to a broad set of solutions, including diverse projects such as water management, optimization of retail and customer loyalty, and the alleviation of traffic congestion.

With new industry-specific cloud data services and developer tools, IBM will expand on that expertise to help clients and partners integrate data from the growing number of IoT and traditional sources. These resources will be made available on an open platform to provide manufacturers with the ability to design and produce a new generation of connected devices that are better optimized for  IoT, and to help business leaders across industries create systems that better fuse enterprise and IoT data to inform decision-making. 

“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,” said Bob Picciano, Senior Vice President, IBM Analytics. “IBM will enable clients and industry partners to apply IoT data to build solutions based on an open platform. This is a major focus of investment for IBM because it’s a rich and broad-based opportunity where innovation matters.”

For more information on IBM’s Internet of Things business, go