IBM bets its future on machine learning and Watson Health

IBM ($IBM) is the largest analytics provider in the world, with nearly $18 billion in revenues last year. Watson Health, which launched last April and is based on the machine-learning capabilities of supercomputer Watson, is its top initiative to keep that growing. Watson Health is built on the combination of a trio of acquisitions with IBM’s own existing analytics capabilities. In August, IBM said it would buy image management player Merge for $1 billion. That was preceded in April by the purchase of population health company Phytel and cloud-based healthcare intelligence Explorys, which spun out of the Cleveland Clinic in 2009. These three acquisitions are the basis for what Watson Health is slated to become. Martin Schroeter, IBM senior vice president and chief financial officer “We’re the largest analytics provider…


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