Author: rettamatson

IBM Not Ready To Unveil Watson Financials

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IBM Not Ready To Unveil Watson Financials

CEO Ginni Rometty holds the opinion that it is too soon for a newly established division to start reporting its stand-alone revenues.

CEO Ginni Rometty has been quite vocal about the Big Blue’s transition to a frontrunner in data analytics and cloud computing from its customary business as a supplier of business hardware, software, and services. Therefore, during the annual shareholders meeting that was held on Thursday, IBM shared a more tailored financial reporting structure, which can swiftly integrate the transition of the company.

The proposed alteration in the reporting structure illuminated few “strategic initiatives” of the company but it didn’t give away much about how exactly the North Castle, New York firm is planning on to generate higher revenues from “Jeopardy” winning, groundbreaking artificial intelligence technology of IBM dubbed as Watson.

The separate disclosure of the profitable and fast-paced business jumped up the shares of the Amazon. On the matter, Rometty discussed that making the revenue of Watson open to public scrutiny would be too soon. The very first win that Watson had against a human was in 2011; however, Big Blue’s segregated Watson unit has only been running for just a year, which includes the initial technology and later expansions.

The CEO also added that there have been many competitors in the market of the same and they took a considerable amount of time to reveal the profitability of the segment. She asserted that the organization would disclose the secluded revenue of the unit but for the time being, subject to the vulnerability, the company is endeavoring to protect its business, which is still in its primitive stage. “We have got a huge competitive advantage and we’re going to keep moving with it before the world can opine on all different viewpoints.”

Ms. Rometty envisions that Watson and other lines of business – the data analytics – has the potential opportunity up to $2 trillion business as the consumers are in search for a coherent way to capitalize on increasing corporate data infields having as wide spectrum of range as retailing, healthcare, and mineral exploration. Few high-end projects are still in Watson’s lineup including “employers analyze workplace injury reports” and providing aid to the doctors for the improvement of cancer treatment at Memorial Sloan Kettering.

5,000 employees, including many employees associated with the company through Big Blue’s acquisitions and high profile purchases such as Merge Healthcare, Truven Health Analytics, and Weather Co., are currently been working for IBM’s Watson division but the revenue being generated from the unit is somewhat small. According to Mr. Sacconaghi estimations, the individual revenue figure obtained from Watson in 2015 amounted to be $200 million which, in line with IBM’s standards, is not a significant amount.

The unit is the fragment of IBM’s Cognitive Solutions which, in addition to other kind of data analytics, includes transaction-processing software. Nevertheless, through Watson, Global Business Services segment witnessed a revenue drive. As at 2015, the Cognitive Solutions went up by 3% and totaled $17.8 billion.

Google Disables Bad Ads Due To Policy Conflicts

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Google Disables Bad Ads Due To Policy Conflicts

Google has no tolerance for the violation of its ads regulation policies.

Alphabet – formerly Google – has disabled around 780 million maligned ads – 49% more than it disabled in 2014. Set in the heart of California, this search engine behemoth has strict policy for the ads and zero tolerance in case of any non-compliance. The company earns 90% of its revenue from advertisements.

Google’s practice of ads regulation is not new. Formerly, it has disabled 220 million, 350 million, and 524 million ads in 2012, 2013, and 2014 respectively. The vice-president of Google’s Trust & Security group, Tom Siegel, expressed that the number of bad ads was alarmingly high. The US based company assigns 1,000 out of 60,000 of the employees to regulate the ads. They monitor and delete maligned ads that came into scrutiny.

The excessive and delicate scrutiny of the ads is necessary, as in 2001, the company was heard to pay $500 million when it improperly let an ad agency run an ad that encourages illegal import of prescription drugs. US Department of Justice immediately charged the organization. The number of misleading drugs ad is surprisingly large as in 2015, it suspended over 12.5 million ads that made any false claims; this number has gone up by 2.9 million as compared to last year’s (2014:9.6 million).

Many angry users have lodged their complaints with Google regarding the misleading weight-loss products. In 2015, it has got rid of 30,000 non-credible websites regarding weight maintenance. It developed software that would curtail any distrustful advertisement. Moreover, Mr. Siegel said that in case the software could not detect the negative ad, the company sends the content to manual reviewers.

Google Disables Bad Ads Due To Policy Conflicts

Apart from the advertisements of harmful products, “phishing” has also become a lot popular. The ad content “tricks” the user to click on it after which he/she is taken to other domains and shown ads. This practice has provided convenience in committing fraud. In 2014, the company rejected 17 million such ads.

To lessen the fraudulent activities, Google bought Spider.io which specializes in suspending online traffic fraud. The company synchronizes the technology into the ads services too so that the number of “bad ads” could significantly decrease. By May 2015, Spider.io reduced the number of fake clicks by 8.9%. Furthermore, it is also working on internet bots. The bots will be expensive for the advertisers who have to pay the company for each click on their ads but it will help the company  to keep the traffic of “bad ads” away.

Toyota Poaches A Google Executive

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Toyota Poaches A Google Executive

Toyota poaches an executive by Google to assist with artificial intelligence

Toyota Motor Corp. has recruited the head of robotics and the core executive dealing with autonomous cars at Google. The company predicts that the future will have robots as an essential part of its operations.

Mr. James Kuffner is associated with Google since 2009. In FY14, he was designated as the head of the company’s robotics division when Mr. Andy Rubin bid farewell to the company. Mr. Rubin is said to be a disruption in the world of robotics where he succeeded in acquiring certain high end start-ups. This established the search engine giant in the autonomous car sector.

The director of recently established artificial intelligence research labs in the United States by Toyota Motors made use of the announcement during the Consumer Electronics Show (CES) in Las Vegas, according to which the future of the company lies in the production of robots and is likely to become the core business of the company.

The initial head of robotics and the research arm of the United States Defense Department, Mr. Gill Pratt stated that the switch to smart machines was expected to be as important as the launch of the car fraternity. This has encouraged the automotive giant to divert its focus from the manufacturing of mechanical looms.

“It’s entirely possible that robots are going to become for today’s Toyota what the car industry was back when Toyota was making looms,” he stated. Robots that are present domestically “may eventually become even more personally prized” than what cars are of now claimed Pratt.

According to Pratt, the Japanese automotive company has been successful in transforming its manufacturing operations to other subsequent market. However, with the popularity of robotics, a new challenge has aroused. “Software and data are now essential components of Toyota’s future mobility strategy.”

Many companies have now evaluated the potential of artificial intelligence and the future prospects of this technology. In the times to come, robotics will be part and parcel of our everyday lives and it seems to be a smart move by Toyota to gear up for the future now. The tech companies are already trying their best to incorporate artificial intelligence.

Google is one of those companies that are devoted to the promotion of artificial intelligence. However, the company had to suffer a great loss when Mr. Andy Rubin bid farewell to the company. James Kuffner turned out to be ray of hope for Google but now he has also left the company for a better opportunity.

 

 

Patent Ensures Next Gen Lightning At Apple Stores

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Patent Ensures Next Gen Lightning At Apple Stores

Apple got its patent approved for lighting the Apple Stores

Apple Inc. has been successful in securing a patent that has been granted by the US Patent and Trademark Office regarding a new lighting system for ceiling which will soon be deployed at all next generation Apple Stores all over the globe. The new lighting mechanism being deployed will make use of linear light troughs along with lighted ceiling panels that will be wall to wall providing a new way of illuminating the Apple Stores globally.

The new mechanism will be governed via the secured Apple United State Patent that has a number 9,217,247. This will be used in the upcoming international builds like the campus outlet of the tech behemoth in Cupertino along with the new store of the company inaugurated in Brussels.

A giant lighting apparatus that is diffused will be used as the entire ceiling so now banks of light and different sources will not be used. Thin inverted troughs are being used to space out and will extend throughout the stores. The panels on the ceiling can be lit or kept dark as required. Different sources of light as well as LEDs are likely to be installed inside the illuminated panel. This sources of light are now streamline towards a reflective back, ground or through a plastic diffuser.

The troughs being installed have a LED subsystem that will be sued to project the lights in a horizontal manner towards the centerline of the trough. The projection of the light will be down that will make the trough serve as lighters. Inside the troughs there will be a T- bar with certain embodiments that will have air ducts preinstalled. The electrical systems like the fire suspending systems, alarm system, speakers and cameras inside will be hidden by the ceiling panels. Apple Insider has highlighted that the company has been granted permission to make an iBeacon hardware that will be installed inside the ceiling. The patent however does not ta;lk about this system.

Jonny Ive, who is the Chief Design Officer along with Apple’s Senior Vice President of online and retail stores, Ms. Angeka Ahrendts has come up with new designs that will be implemented at Apple Stores. Ms. Ahrendts wants to offer all its customers a top notch unique experience once they make their way to a company’s store. The patent was filed by the company back in February 2014. The company has finally succeeded in achieving its and will now modify its stores to offer a unique experience.

 

 

 

IBM To Promote Health Through Watson

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IBM To Promote Health Through WatsonIBM will cure cancer, monitor pregnancy and assist diabetic patients through Watson.

International Business Machines Corp. is now playing in jeopardy where it now wishes to place its supercomputers to work. This will enable medical health providers to cure diabetes, look after pregnant women and battle out with cancer.

According to a statement published by IBM Watson Health, the company will initiate the collaboration with the makers of diabetic drugs Novo Nordisk. Moreover, they have also come up with an app to monitor pregnancy.

The concept behind using the power of Watson computing is to access data from more than ten of millions of patient health record allowing them to carve out the treatments that will be customized according to the need of each patient.

Diabetes is basically a chronic disease that creates resistance by the body for insulin or in certain cases does not produce enough similar hormones to regulate the blood sugar levels in our body. According to a consensus, diabetes has affected 371 million individuals globally. This ratio is likely to increase by 552 million people by FY30.

Watson is basically a supercomputer running on artificial intelligence that can process massive amount of data. The supercomputer has the power of doing everything like offering recipe to assisting you in making your dream football team.

There are several applications now being developed that particularly target the healthcare sector, so Watson has the ability to go through to medical studies that can be hundreds of thousands. This will take several years for humans to sit down and skim through all to come up with the best possible treatments.

The Vice President of IBM Watson Health, Mr. Rob Merkel told Business Insider that the aim is to try in getting the health care sector to a point where curing diseases becomes easy, offer preventative measures that will be as easy as booking a restaurant for dinner through your smartphone.

“A lot of these things you don’t really know when you’re at risk for something,” stated Merkel. “Then when you know, you don’t know what is the optimal intervention for you or for your patient. So by providing new levels of insight into those areas you can just think about what the opportunity is. It’s absolutely huge.”

The company also said that they will soon expand their operations in the Indian market. This technology will help the Indian doctors to cure and diagnose cancer in the region. Health is a serious concern that needs to be dealt with precision and sensitivity.