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IBM Watson Heads to Harvard, MIT to explore future of expertise in business

BOSTON and CAMBRIDGE, Mass., - 31 Oct 2011: IBM (NYSE: IBM) nowadays will behavior a Watson symposium with Harvard company faculty (HBS) and the Massachusetts Institute of expertise (MIT) Sloan college of administration. The event brings collectively one of the brightest educational minds to collaborate on the use of superior analytics, like these powering Watson, to radically change the manner the world does business. follow the event and share your techniques at #IBMWatson on Twitter and the are living weblog at www.asmarterplanet.com

As part of the symposium, groups of scholars from Harvard business faculty and MIT Sloan school of administration will look at various their expertise in a demonstration of IBM Watson's query answer (QA) capabilities in an exhibition video game of the tv quiz demonstrate Jeopardy!

The commercialization of Watson expertise capacity that modern students will require new expertise after they enter the job market. As future leaders in a wide array of industries and entrepreneurial ventures, students will deserve to combine business potential and capabilities with superior analytical options to compete successfully on this planet financial system. for example, when applied to the banking and finance business, Watson-like technologies can discover hidden patterns in statistics that can abruptly establish market traits, and supply deep, integrated chance evaluation. This provides fiscal features authorities a extra accurate picture of their market positions, helping them locate opportunities, superior check possibility and hedge their financial exposures.

according to Harvard company school Professor of management practice Willy Shih, "the symposium and demonstration healthy will expose their students to slicing-area technology in deep analytics, a local of increasing magnitude in company functions, healthcare and the existence sciences, enterprise potential administration, finance, and anywhere there are mammoth quantities of unstructured information."

"terrific know-how groups like IBM are changing the apparently inconceivable into truth nowadays, to the point that it's hard to keep up with all the digital innovations and their company implications," mentioned Andrew McAfee, primary research scientist, MIT. "So they concept it would be a good suggestion to commit a day to discussing them, and also to peer them in action. we'll spend the morning talking computer science and economics with the realm's main consultants in these fields, then cheer their students on against Watson in the afternoon. I predict at least a 2nd vicinity finish for the MIT team."

with the aid of bringing this expertise to the school neighborhood, IBM goals to inspire the subsequent generation of innovators and entrepreneurs to suppose about the possibilities of Watson know-how and the skills they're going to need to take expertise of the opportunities Watson creates.

Harvard enterprise school and MIT Sloan school of management are the first two company colleges where IBM will co-host a Watson symposium. A team of researchers from MIT led by way of Boris Katz, major research scientist at MIT's desktop Science and artificial Intelligence Laboratory, contributed code to QuestionAnswer capabilities in Watson.

Harvard enterprise college's Professor Shih recently wrote an in-depth case look at of Watson that can be used through MBA college students in the college's required first-yr direction expertise and Operations management.

"From company to fitness care, training and the executive, the advanced analytics capabilities of IBM's Watson will radically change how the realm works," talked about Bernard Meyerson, vp of innovation and academic programs, IBM. "Our purpose in demonstrating Watson's capabilities and sharing their insights from its construction is to challenge the leaders of day after today to leverage this new ability in ways they have now yet to think about."

Watson, named after IBM founder Thomas J. Watson, is a computing gadget created by using IBM scientists that understands the meaning and context of human language, can analyze statistics and be trained correlations between records. The technology introduces the potential to sift via an equal of about 1 million books or roughly 200 million pages of facts to supply immediate solutions to questions posed to it. With the quantity of digital tips being generated, stored, processed and analyzed every year turning out to be at an exponential cost--and affecting each business section--there is a real need for agencies and governments to make use of company analytic technology like Watson to make feel of gigantic amounts of information to obtain their desires.

higher education associations like Harvard enterprise college and MIT Sloan school of management improvement from the skill to work with groups to create curricula that contain actual-world case experiences and brings breakthrough technology like Watson into the classroom. IBM's tutorial Initiative brings technological advances, IBM scientists and executives to universities around the globe to discuss how these innovations are reworking the way human beings work and are living. The aim of this initiative is to engage and inspire college students whereas instructing the subsequent era of enterprise leaders and entrepreneurs the competencies they deserve to construct a better planet.


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