IBM Buys The Weather Company In Watson IoT Push - InformationWeek

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IBM Buys The Weather Company In Watson IoT Push
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zerox203
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zerox203,
User Rank: Ninja
10/31/2015 | 4:20:55 PM
Re: IBM Buys The Weather Company In Watson IoT Push
I was led here from your other article that mentioned the IBM/Weather Company acquisition. It could wind up an interesting footnote, or it could be quite a smart strategic move. The Weather Company might not seem like a hot brand (pun not intended), but it has quite a large footprint in terms of consumer base and mindshare - when most older people think weather, that's who they think of, and as a result, it's not surprising they have such a huge mobile install base. IBM can have a direct hand in all the IoT, Big Data, Predictive Analytics, and cloud-related functions that weather is sure to be involved in. If they want to roll out something new, they already have tons of customers to put it in front of now.
nasimson
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nasimson,
User Rank: Ninja
10/30/2015 | 7:08:57 PM
Re: IBM's change of course shows a sense of direction.
Speaking of direction in the re-org, many organisations continue without a clear solid direction. And this is one of the reasons of failure. A recent relevant case: YAHOO
tag4001
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tag4001,
User Rank: Apprentice
10/30/2015 | 3:49:30 AM
Onto something new?
The test of time will reveal if IBM identified the perfect turnaround, once again for its business.


One thing is clear, data and content, is key.  They also have the infrastructure.  The trick is whether they can make it meaningful and capitalize on it.


Watson..  what is your forecast?
William Terdoslavich
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William Terdoslavich,
User Rank: Author
10/29/2015 | 6:50:30 PM
IBM's change of course shows a sense of direction.
IBM is in a race against itself. It has to ramp up efforts like Watson, Internet of Things and Cloud much faster than its decline in legacy lines, like service, hardware and software. And it has to do this while short-term investors nip at its heels like a pack of ravenous jackals. 

The good news is that IBM has identified its growth areas and is making meaningful investments and acquisitions that will help in its strategic re-orientation. Other IT companies in turnaround are clueless about what course to follow. 
tzubair
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tzubair,
User Rank: Ninja
10/29/2015 | 3:48:17 PM
Re: Onto something new?
I think it's a good move on IBM's part. They already had a solid big data platform and all the necessary capabilities. All they needed was to extract more value out of their product which they did through this purchase. The data they have obtained combined with their platform should make one very useful application in the area of weather forecasting. Let's see how strongly they are able to come up with something in this domain.
Jessica Davis
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Jessica Davis,
User Rank: Author
10/29/2015 | 10:45:34 AM
Re: The Weather
IBM didn't share what they paid for The Weather Company, but they said it was part of their ongoing $3B investment in Internet of Things. I'll be watching their next earnings report to see if we get some more visibility on the price paid. The Weather Co. acquired Weather Underground in 2012. As a weather nerd myself, I'm curious to find out if IBM will change the open, crowdsourced model.

jastroff
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jastroff,
User Rank: Ninja
10/29/2015 | 10:42:20 AM
Re: Onto something new?
IBM bought a large corpus of established data, as well as the information flows that keep it current. It's interesting that it can be of use for businesses and the consumer, which puts IBM back in the consumer market in a different way than before.  

Let's see if they can make it work with Watson. They have a long way to go to make that data into use pieces of information for everyone.
tag4001
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tag4001,
User Rank: Apprentice
10/29/2015 | 12:16:00 AM
Onto something new?
Very interesting read.  Is IBM onto something new?  IBM has been on the forefront of re-identifying their business.  From hardware, to services, to consulting.. and now the move into data.


It'll be interesting to see how others will perceive this.

 
mak63
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mak63,
User Rank: Ninja
10/28/2015 | 9:11:14 PM
The Weather
So, how much did IBM pay for the Weather?
I didn't know the Weather Underground was part of the Weather Company. Read and learn, I guess.

"IBM noted that weather is one of the single largest swing-factors in business performance, impacting one-third of the world's GDP. It's responsible for about a half trillion dollars in impact in the US alone."
These are huge numbers. But they make a lot of sense when you think about it


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