By Joel Cawley
As climate change advances, the frequency and severity of weather and climate disasters is increasing. That’s bad news for all of us, and it’s particularly dire for the people who lose property or loved ones as a result.
But what if insurance companies had much more timely and detailed understanding of weather events as they happened? They could help people avoid the worst and recover more quickly when they’re hit hard.
Imagine this scenario: A string of tornados is heading toward a city. An insurance company, supplied with a stream of real time weather information, issues up-to-the-minute alerts to its customers with more details about the path of the tornados than they can get on TV. Immediately after the twisters whip through the area, the company sends out text messages to policyholders inquiring about their safety. It asks customers to send photos of damage through a smartphone app. Continue Reading »
Big Data, once thought to be the answer to unlocking insight, has itself become a challenge. From the vast amount of digital content online to new types of data streams from social, mobile and other sources, information overload pervades all aspects of our lives.
Identifying true insights trapped within that data is a difficult task. How do you sift through the 95 percent of information that doesn’t matter to find the five percent that does?
Enter IBM Watson and the era of cognitive computing. Watson has both an insatiable appetite for Big Data and the unique ability to contextually analyze that information to unlock meaningful insights. Continue Reading »
By Alistair Rennie
Leaders at a global food service company wanted to understand more precisely the types of people who visit their stores throughout a typical day. The goal: To spot hidden patterns that could help them market to specific customers more successfully.
With IBM’s help, they began incorporating Twitter streams into their analysis of loyalty-program data. The exercise quickly produced surprising insights. For instance, they learned that people with similar tastes in food and drinks tended to come in at specific times of day. One time-constrained type of customer, for instance, visits the stores nearly every morning, purchases food and beverages to go, and even buys their lunch during their morning visit. Continue Reading »
By Florian Pinel
Co-creator, Chef Watson
I love cookbooks. I must have 200 of them packed in a bookcase in my family’s apartment in East Harlem, N.Y. They’re from all over the world, in English, my native French, Russian, Hungarian and German. Soon there will be a new one: Cognitive Cooking with Chef Watson: Recipes for Innovation from IBM & the Institute of Culinary Education.
This latest addition to my collection is a result of IBM’s successful collaboration with the Institute of Culinary Education to pair the recipe expertise of world-class chefs with the cognitive power of Watson to generate novel and tasty dishes.
By Donald Coolidge
The day we launched the Kickstarter campaign for Elemental Path and our Cognitoys was one of the most amazing days of my life. Within hours, we had reached $10,000 and, before the end of the day, we had topped our goal of raising $50,000. Today, with just three days to go in the month-long campaign, we have raised nearly $250,000. (Hey, it’s not too late to join in!)
It all seems magical. But the magic actually started a little over one year ago, when we first learned of the Watson Mobile Developer Challenge. Entering, and, ultimately, winning the Challenge led to us launch a new company and set out to develop a new generation of fun and educational toys based on cognitive technologies. We plan on introducing our first product in November–in time for the holiday shopping season. Continue Reading »
By Michael Garel
A few years ago, my wife and I frequently indulged in the guilty pleasure of browsing the shelves of our local Austin electronics store in search of the latest gizmos and gadgets.
Then, gradually, we shifted almost exclusively to online shopping. So did a lot of other people. Which is a huge problem for brick-and-mortar retailers.
On the flip side, that trend also created an opportunity for me to get into business. My company, eyeQ, which I launched with a partner in 2012, makes software that helps retailers understand customers so they can serve them better. Continue Reading »
By Steve Hamm
IBM Chief Storyteller
The Braamfontein district was once the corporate heart of Johannesburg. Then, in late 1980’s, businesses started moving out of the neighborhood, initiating two decades of decay.
But today, Braamfontein is undergoing an amazing rebirth. Entrepreneurs are transforming abandoned buildings into trendy restaurants and shops as well as arts, culture and business centers. Young hipsters and entrepreneurs mix with students and tourists. Continue Reading »
By Jonathan Ferrar
Today’s business is all about data – how you get it, how you analyze it, how you use it to impact an organization. Yet today’s data-driven world is getting more sophisticated by the second, and most organizations lack the tools and skills necessary to turn their workforce-based data into insights.
In fact, according to a 2014 IBM Institute for Business Value study on talent analytics, only about 20 percent of organizations are able to apply predictive analytics to address important people issues. And as Chief HR Officers worldwide cite talent development, employee engagement, talent retention and workforce productivity as their top priorities, according to a recent IBM survey, now is the time to employ intuitive technology that enables HR and business leaders to better utilize their workforce data. Continue Reading »
By Steve Hamm
Chief Storyteller, IBM
The last mayor of New York, Michael Bloomberg, captured headlines when he declared that NYC would someday overtake Silicon Valley as the world’s tech capital.
The current mayor, Bill de Blasio, is less bold in his pronouncements but no less aggressive in his deeds.
De Blasio’s program was on display at a tech-industry gathering in the DUMBO (Down Under the Manhattan Bridge) section of Brooklyn last evening–venue: Made in NY Media Center by IFP. City officials, business leaders and entrepreneurs discussed initiatives and business conditions at the second stop in the city’s Digital.NYC Five-Borough Tour–a series of events aimed at helping entrepreneurs succeed in the city. Continue Reading »
By Beth Smith
Recently, a friend shared a story about his 7 year-old daughter who had pleaded for a mobile phone. When he said no, she asked ‘Please, how old were you when you got your first one?’ He responded, “32.”
Who would have ever foreseen such a rapid pace of innovation and adoption? But the same can be said for the conversation around big data.
Not so long ago, organizations relied on the data they could easily get their hands on. Now they are able to glean meaningful insight from videos, documents, and even doctors’ handwritten notes. Continue Reading »