A report by research and analysis firm Strategy Analytics has said that to date, IBM had invested over US $10 billion to spearhead its interrelated Internet of Things (IoT), Analytics and Cloud initiatives.
The Strategy Analytics IoT Strategies Service Report, ‘IBM Takes Aim at IoT with Multi Billions Investment’ said IBM’s worldwide brand, ongoing R&D activities, extensive solutions and high profile partnerships like the Apple Mobile First alliance, made it an IoT powerhouse across many verticals.
The SA Report provided a detailed overview of IBM’s multi-pronged approach to advancing its IoT initiatives utilizing four foundational elements:
- Devices and Networks – Hardware, networking, and operating systems infrastructure
- Platforms – Technology offerings to build and manage IoT solutions. Programming APIs for software development
- Applications & Solutions – Combined capabilities, security and services for specific IoT solutions to mask complexity and reduce risks
- Industry-specific Transformations – via packaged offerings like strategic consulting and business process change
“IBM is using its considerable resources to accelerate IoT deployments across a wide variety of verticals,” said Laura DiDio, SA’s Director of IoT Enterprise Research and Consulting, in a statement. “Big Blue is also ensuring close collaboration among its many business groups: Analytics; Systems and Technology (STG); the Watson Business Unit and its Cloud and Services groups to ease the transition,” she added.
Image Credit: Strategy Analytics