IBM Builds Out Internet of Things Business Unit

If you were wondering just how serious IBM is about the Internet of Things (IoT), look no further than the firmEUs latest move. Big Blue has just announced two new business units that promise to leverage its big data, advanced analytics and cognitive computing strengths: an IoT unit and an education unit.

Leading the charge is Harriet Green (pictured), formerly CEO and executive director of travel company Thomas Cook Group as well as of technology company Premier Farnell. She joins IBM as vice president and general manager for the new units and is responsible for developing these and other new growth businesses for IBM. Green will lead a team that will eventually swell to 2,000 consultants, researchers and developers working to help clients unlock value in new insights.

EUHarriet brings to IBM a strong, proven track record as a transformative leader,EU said John Kelly, senior vice president of solutions portfolio and research at IBM. EUThroughout her career, across multiple geographies and cultures, she has consistently shown a deep understanding of the needs of her customers and clients, and how to help them achieve their goals and aspirations. Her creativity and vision will help organizations transform themselves to take fuller advantage of emerging data and cognitive technologies.EU

A $3 Billion Investment

Big BlueEUs move to launch an IoT business unit should not come as any surprise. In March, the company announced plans to invest $3 billion over the next four years to build an Internet of Things unit. IBM is also building a cloud-based open platform to help clients and ecosystem partners build IoT solutions.

IBM has done its IoT homework. The company has determined that 90 percent of all data generated by devices such as smartphones, tablets, connected vehicles and appliances is never analyzed or acted on. WhatEUs more, as much as 60 percent of...

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