31 Mar '15, 7am

News: IBM to put $3bn into IoT IBM says it will invest $3 billion over the next four years to establish an IoT...

News: IBM to put $3bn into IoT IBM says it will invest $3 billion over the next four years to establish an IoT...

IBM IoT Cloud Open Platform for Industries: New analytics services to design and deliver vertical industry IoT solutions for industry clients on the IBM Cloud, an open platform that is also available to clients and ecosystem partners looking to build their own data-driven solutions. For example, IBM will introduce a cloud-based service that helps insurance companies extract insight from connected vehicles. This will enable new, more dynamic pricing models and the delivery of services that can be highly customised to individual drivers.

Full article: http://www.electronicsweekly.com/news/iot-2/ibm-put-3bn-i...

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