After surpassing Microsoft in monetary value, IBM recently announced a $100 million investment. The investment will fund future data analytics, new services and software to improve data analysis and new services for IT professionals. The new funding will also aid research on using advanced software and services for massive-scale analytics.
Over the last five years, the company spent $14 billion on the acquisition of two dozen data tools companies. IBM believes its future relies on helping customers manage and learn from the large amount of data available today. The company is currently working on integrating its system, Watson, into the health care field as a physician’s assistant by feeding it medical specific domain information.
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