IBM invests in its own IoT division

On March 31, IBM announced that it would invest $ 3 billion over the next four years in a new unit focused on IoT ( Internet of Things ) work. The company will also build an open cloud platform for customers and partners working in this direction.

At the moment, the corporation is already doing work in related areas related to the practical application of IoT - Smarter Planet and Smarter Cities .

With the help of new development tools and cloud structures, IBM plans to reach a broad base of users and partners to integrate heterogeneous data from an unprecedented number of sources. All resources will be publicly available to ensure the development and production of a new generation of devices optimized for IoT.

Also announced a partnership with The Weather Company, dealing with meteorological reports. The partnership involves migrating services to IBM cloud structures.
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As part of the program, IBM will offer:

• IBM IoT Cloud Open Platform. A platform for companies providing access to data and analytical services.
• IBM Bluemix IoT Zone. A service for developers to integrate IoT data.
• IBM IoT Ecosystem. A partner platform that provides secure and seamless integration of services and solutions on an open IBM platform.

The unit will be managed by Pat Toole. At the moment, the company is already cooperating with many manufacturers and consumers in the application of IoT, and is not going to stop at the reached agreements.

According to IBM experts, in 2018 cloud, mobile, and analytical technologies, as well as social services and information security solutions, will bring the company at least $ 40 billion in revenue.