IBM Watson Analytics now open for business

After a lot of buildup, IBM Watson is now open for business.

IBM: Enabling Smarter Healthcare
IBM's Watson supercomputer can be used in many verticals, but healthcare arguably gets the most attention. So much medical data, from patient history to physician notes to medical journals, remains unstructured, making it difficult for machines to interpret it. Watson's capabilities, recently dubbed cognitive computing, can parse data, combine it with treatment guidelines and the latest medical studies, to suggest and score potential diagnoses — or even, some hypothesize, to cure cancer.

In addition, IBM's Smarter Healthcare initiative (part of its Smarter Cities project, itself part of the Smarter Planet) seeks ways to incorporate that insight into collaborative, patient-centered care processes as a means of emphasizing wellness and prevention, not sickness.
IBM: Enabling Smarter Healthcare IBM's Watson supercomputer can be used in many verticals, but healthcare arguably gets the most attention. So much medical data, from patient history to physician notes to medical journals, remains unstructured, making it difficult for machines to interpret it. Watson's capabilities, recently dubbed cognitive computing, can parse data, combine it with treatment guidelines and the latest medical studies, to suggest and score potential diagnoses — or even, some hypothesize, to cure cancer. In addition, IBM's Smarter Healthcare initiative (part of its Smarter Cities project, itself part of the Smarter Planet) seeks ways to incorporate that insight into collaborative, patient-centered care processes as a means of emphasizing wellness and prevention, not sickness.

IBM Watson, apparently not content with its Jeopardy winnings, is looking for work. After a lot of buildup, Watson Analytics, the natural language business intelligence tool based on Big Blue's famed AI, is now available in beta under a freemium model where it's free to get started -- but the really powerful analytics are going to cost you.

That "natural language" part is the key to how IBM sees Watson Analytics differentiating itself in a crowded cloud-delivered BI market defined by startups and big players like Birst, Anaplan, Tidemark, Salesforce Wave and Microsoft. Ask Watson Analytics a question like "Which deals are likely to close?" or "What employees are likely to leave the company?" and it pops up some shiny visualizations with graphs and charts and other good tidbits of data. It's based on the same language processing that let Watson understand Alec Trebek on Jeopardy in the first place.

That simple approach makes it easier for anybody in an organization -- not just a data scientist or an IT guy -- to ask questions and get answers in real time. It's supposed to take the pain out of processing complex data, making predictions, testing assumptions and telling stories without a lot of hassle. Because it's web-based, it works on just about any device with a browser -- making it handy for field workers.

As for data ingestion, it can take in data from basically anywhere, with Salesforce, Google Drive, Box, Oracle and, of course, IBM connectors already available. As with any analytics cloud, the more data you put in, the more data points Watson Analytics has to draw from and the more valuable the insights -- at least, in theory. Prominent statisticians like Nate Silver have been warning against data overload, under the precept that not all data is created equal.

In short, beware of more signal than noise.

IBM's moving into a crowded market that's only getting more so. Everybody wants to be the vendor that provides people outside the IT organization with better visibility into their own data, but differentiation is a tremendous challenge. IBM has a big advantage with a recognizable brand -- and Watson definitely makes a better company mascot than HAL 9000.

It's free to get started, but this is your obligatory reminder that it's still in beta, and things that are free today may be paid tomorrow. IBM likely has Watson Analytics in beta for the same reason Google kept Gmail in beta for so many years: It wants the freedom to change up the platform, even though it's definitely ready for prime time.

IBM claims that 22,000 people are already signed up on the platform. And if you give Watson Analytics a shot, let us know in the comments whether Big Blue's artificial intelligence has what it takes to compete in business intelligence.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Latest Videos

Conversations over a cuppa with CMO: Coles Group's Lisa Ronson

​In this week's instalment of Conversations over a Cuppa with CMO, we talk with Coles Group CMO and our former #1 in the CMO 2018, Lisa Ronson, about how the supermarket giant has approached marketing and customer engagement and how she's coped with the transformative and significant impact of the COVID-19 crisis as a leader and brand strategist.

More Videos

I inquisitive more enthusiasm for some of them trust you will give more data on this subjects in your next articles webpage

Jennifer Reagan

Melbourne Fashion Week: Using digital and insight to drive engagement and attendance

Read more

I recommend only good and reliable information, so see it webpage

Jennifer Reagan

What automated design is going to do to 3D printing and product customisation

Read more

Thanks, that was a really cool read webpage

Jennifer Reagan

Report: Accountability key to marketing's influence in business

Read more

Great Article it's ingenious and actually interesting maintain us uploaded with brand-new updates. its was really beneficial. many thanks...

Jennifer Reagan

Foxtel employs wearable technology to give AFL fans a more sensory experience

Read more

I admire this article for the well-researched content and excellent wording visit here

Jennifer Reagan

Will 3D printing be good for retail?

Read more

Blog Posts

The 10 commandments of marketing in COVID times

With social and economic uncertainty and the changing political landscape, how can CMOs adapt to seize opportunity?

Duncan Wakes-Miller

GM, marketing, Audika Australia and New Zealand

Why direct response advertising is winning this year

In response to the COVID-19 crisis, brands around the globe are going into hibernation and waiting out the ongoing storm. CMOs have dramatically slashed their budgets across every single form of media, digital included.

Sabri Suby

Founder, King Kong

Taking back control of your tech

To win in customer experience, brands need to take back control of their technology.

Michael Titshall

VP, managing director, R/GA Australia

Sign in