Transform Industries

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Transforming Industries, Institutions and Societies with IBM Watson Rick Power Watson Solutions Leader, Canada [email protected] 1

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Presentation from IBM Smarter Business Summit: Halifax Sept 10th 2014

Transcript of Transform Industries

Page 1: Transform Industries

Transforming Industries, Institutions and Societies with IBM Watson Rick PowerWatson Solutions Leader, [email protected]

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3 Key Takeaways

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22

33 Watson will dramatically transform many industries, with multiple use cases emerging across broad categories.

IBM has stepped up its investments to bring cognitive products and services to the marketplace, investing over $1B over the next couple of years, dedicating over 2000 professionals, and creating a $100M equity investment

New Watson offerings are in-market today, with more quickly being added, both by IBM and by Watson Ecosystem partners

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Watson has graduated from a startup to a full business

R&D

Demonstration

Validation

Research Project

2006 – 2010

Jeopardy!Grand Challenge

2011

InternalStartup Division

2011 – 2013

IBM WatsonGroup

2014 – present

Commercialization

$1B Investment

$100M for Ecosystem

NYC Headquarters 3

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© 2014 International Business Machines Corporation

Big Data: More than just volume

Volume

Terabytes to exabytes of existing

data to process

Velocity

Streaming data, milliseconds to

seconds to respond

Variety

Structured, unstructured, text & multimedia

Veracity

Uncertainty from inconsistency,

ambiguities, etc.

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Watson is ushering in a new era of computing

TabulatingSystems Era

ProgrammableSystems Era

CognitiveSystems Era

1900 1950 2011

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© 2014 International Business Machines Corporation

Watson is cognitive computing

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Understandsnatural language

Generates andevaluates hypothesesAdapts

and learns

Watson understands me.

Watson engages me.

Watson learns and improves over time.

Watson helps me discover.

Watson establishes trust.

Watson has endless capacity for insight.

Watson operates in a timely fashion.

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© 2014 International Business Machines Corporation

Bringing Watson to market

Transforming industries and professions.

Advancing cognitive computing across the enterprise.

Delivering the cognitive experience to the masses.

Watson Foundations

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Watson in healthcare

A data-rich, societally important field helping Watson change how medicine is:

Taught Cleveland Clinic

ResearchedMD Anderson

PracticedMemorial Sloan-Kettering

Paid WellPoint

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© 2014 International Business Machines Corporation

Bringing Watson to market

Transforming industries and professions.

Advancing cognitive computing across the enterprise.

Delivering the cognitive experience to the masses.

Watson Foundations

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Know meLeverage profile data for personalized insight into client wants and needs to contextualize experience

Client

Watson can transform the way people interact over the lifetime of their relationship

Empower MeInteractive, informed natural

language dialogue that enables insights at the point of action

Engage meDynamic, evidence-based omni-channel experiences

that adapt to client preferences

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© 2014 International Business Machines Corporation

Watson Engagement Advisor

Helps organizations improve how they answer their clients’ needs

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Engage under-engaged clients

Grow top-line revenue

Improve bottom line results

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© 2014 International Business Machines Corporation

Bringing Watson to market

Transforming industries and professions.

Advancing cognitive computing across the enterprise.

Delivering the cognitive experience to the masses.

Watson Foundations

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© 2014 International Business Machines Corporation15

The Watson Ecosystem is composed of mutually benefiting, interconnected partners

Talent Partners

Content Partners

App PartnersDevelop cognitive powered applications powered by IBM WatsonDevelop cognitive powered applications powered by IBM Watson

Fuel the ecosystem with content to drive cognitive applicationsFuel the ecosystem with content to drive cognitive applications

Support application partners with developing and designing their solutions

Support application partners with developing and designing their solutions

Watson Developer

Cloud

Watson Content

Store

Watson TalentHub

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© 2014 International Business Machines Corporation

Delivering the cognitive experience to the masses

engaged innovators million equity investments subject matter experts

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Watson Developer

Cloud

Watson Content

Store

Watson TalentHub

+ +Tools and APIs enabling

ISVs with self-service training, development,

and testing of their cognitive application.

Brings together sources of free and for-fee data, including general knowledge, industry-specific content, and subject

matter expertise to help power Powered by Watson apps.

Helps to bridge ISVs’ resource gaps by providing a marketplace for skills like linguistics, natural language processing, machine

learning, user experience design, and analytics.

3000+3000+

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© 2014 International Business Machines Corporation

Bringing Watson to market

Transforming industries and professions.

Advancing cognitive computing across the enterprise.

Delivering the cognitive experience to the masses.

Watson Foundations

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…Helps me discover fresh insights• Predictive and content analytics to

uncover patterns not yet known• Interactive exploration across all data

…Operates in a timely fashion• Real-time analytics as data flows through an organization • Enterprise-class Hadoop that runs 4x faster • In-memory computing for speed of thought analytics

…Establishes trust so I can act with confidence• Governance across complete data lifecycle including Hadoop• Security and privacy with compliance• Transparency and context to decision-making process

WATSON FOUNDATIONS

DecisionManagement

Planning &Forecasting

Discovery &Exploration

Business Intelligence & Predictive Analytics

ContentAnalytics

Information Integration & Governance

Data Mgmt &Warehouse

HadoopSystem

StreamComputing

Content Management

WATSON FOUNDATIONS

DecisionManagement

Planning &Forecasting

Discovery &Exploration

Business Intelligence & Predictive AnalyticsBusiness Intelligence & Predictive Analytics

ContentAnalytics

Information Integration & Governance

Data Mgmt &Warehouse

HadoopSystem

StreamComputing

Content Management

Watson Foundations uniquely…

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© 2014 International Business Machines Corporation

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Explores

Reasons

Visualizes

Watson’s intelligence and capabilities are expanding

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This will be Watson

Sees

Hears

Experiences

Understands natural language

Generates and evaluates hypotheses

Adapts and learns

Reasons

Explores

Visualizes

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Recommended Next Steps• Visit us in the Social Café during breaks or at lunch

• Contact me directly via phone or email or on LinkedIn

(902) 344-7567; [email protected]; ca.linkedin.com/in/rickpower/

• Consider attending IBM’s Insight conference October 26-30. Watson is featured, with our Business Analytics, Information Management and Enterprise Content Management solutions http://www-01.ibm.com/software/events/insight/

• Check us out on the web and follow us on social media to stay current with Watson developments. Check the next page for the links

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ibmwatson.com

facebook.com/ibmwatson

@ibmwatson24