Saturday, March 17, 2018

Inside IBM’s initiatives involving Blockchain, artificial intelligence, and other emerging tech

Inside IBM’s initiatives involving Blockchain, artificial intelligence, and other emerging tech:-

BM believes 2018 is the year when emerging technologies will go mainstream and change the business landscape of India. More and more large organisations are now tapping into the startup ecosystem and moving away from traditional IT.  
Image result for blockchain technology pic
Global IT behemoth IBM has been at the forefront of reinventing itself for the new technological era, one that is defined by Blockchain, Big Data, Artificial Intelligence, Machine Learning, the Internet of Things and more.
For a legacy organisation that dates back to 1911, the transformation may not have been easy. But, by its own admission, IBM “did not wait” to bring about the change. It managed to give new direction to its business by reimagining strategies in hardware, software and services, as well as by investing in emerging technologies like cloud, data security, AI, ML, and more.
IBM’s India subsidiary, which started operations at the turn of the millennium, is now a 350,000-strong workforce, larger than that in the US, and has a presence across 15 major cities. With rapid advancement in technology and the simultaneous evolution of India’s startup ecosystem, IBM is not only helping industries in India become future-ready, but also utilising ideas and concepts born in the entrepreneurial environment.
In focus lately has been Blockchain, AI and deep learning, and their implementation across sectors. While the Indian government made its interest in Blockchain evident in the 2018 Union Budget, the technology is niche still. Barring the banking and financial services sector, its adoption has been scant. AI and deep learning too have largely been limited to tech-centric businesses. But, 2018 could change all of that, believes IBM. 
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