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IBM Watson Heads to Harvard, MIT to explore way forward for technology in company
BOSTON and CAMBRIDGE, Mass., - 31 Oct 2011: IBM (NYSE: IBM) today will behavior a Watson symposium with Harvard business college (HBS) and the Massachusetts Institute of know-how (MIT) Sloan college of management. The experience brings together one of the vital brightest academic minds to collaborate on the use of advanced analytics, like these powering Watson, to radically change the way the world does enterprise. comply with the event and share your ideas at #IBMWatson on Twitter and the are living blog at www.asmarterplanet.com
As part of the symposium, teams of students from Harvard company college and MIT Sloan college of management will look at various their abilities in an indication of IBM Watson's question answer (QA) capabilities in an exhibition video game of the television quiz show Jeopardy!
The commercialization of Watson technology ability that modern students will require new abilities once they enter the job market. As future leaders in a big range of industries and entrepreneurial ventures, college students will should mix enterprise competencies and skills with advanced analytical techniques to compete successfully on the earth financial system. as an example, when utilized to the banking and finance industry, Watson-like technologies can find hidden patterns in facts that may swiftly identify market trends, and supply deep, integrated risk evaluation. This provides fiscal capabilities authorities a more accurate picture of their market positions, assisting them locate opportunities, more desirable determine possibility and hedge their economic exposures.
based on Harvard company school Professor of administration apply Willy Shih, "the symposium and demonstration fit will expose their students to slicing-aspect know-how in deep analytics, an area of expanding significance in enterprise purposes, healthcare and the existence sciences, commercial enterprise expertise management, finance, and anywhere there are mammoth quantities of unstructured data."
"outstanding technology corporations like IBM are converting the seemingly unimaginable into truth these days, to the element that it be challenging to keep up with the entire digital improvements and their business implications," talked about Andrew McAfee, essential research scientist, MIT. "So they concept it could be a good suggestion to commit a day to discussing them, and also to look them in motion. we'll spend the morning speakme computing device science and economics with the world's main consultants in these fields, then cheer their college students on towards Watson in the afternoon. I predict at the least a second area conclude for the MIT group."
by way of bringing this know-how to the institution community, IBM aims to encourage the subsequent technology of innovators and entrepreneurs to feel concerning the percentages of Watson expertise and the expertise they will need to take potential of the opportunities Watson creates.
Harvard business faculty and MIT Sloan college of management are the primary two business faculties the place IBM will co-host a Watson symposium. A group of researchers from MIT led with the aid of Boris Katz, primary research scientist at MIT's computing device Science and synthetic Intelligence Laboratory, contributed code to QuestionAnswer capabilities in Watson.
Harvard company faculty's Professor Shih these days wrote an in-depth case examine of Watson that could be used via MBA students within the school's required first-yr direction technology and Operations administration.
"From company to fitness care, schooling and the govt, the superior analytics capabilities of IBM's Watson will seriously change how the realm works," referred to Bernard Meyerson, vice president of innovation and educational courses, IBM. "Our goal in demonstrating Watson's capabilities and sharing their insights from its construction is to problem the leaders of the next day to leverage this new capacity in ways now they have yet to think about."
Watson, named after IBM founder Thomas J. Watson, is a computing gadget created with the aid of IBM scientists that is familiar with the that means and context of human language, can analyze records and be taught correlations between statistics. The technology introduces the ability to sift via an equivalent of about 1 million books or roughly 200 million pages of facts to provide rapid solutions to questions posed to it. With the volume of digital advice being generated, kept, processed and analyzed every year growing to be at an exponential cost--and affecting every trade section--there is a real need for businesses and governments to use business analytic know-how like Watson to make feel of enormous amounts of data to obtain their goals.
larger training associations like Harvard company faculty and MIT Sloan college of management improvement from the skill to work with agencies to create curricula that include actual-world case reports and brings leap forward know-how like Watson into the school room. IBM's educational Initiative brings technological advances, IBM scientists and executives to universities around the globe to focus on how these improvements are reworking the style human beings work and live. The aim of this initiative is to engage and inspire students whereas teaching the next era of business leaders and entrepreneurs the capabilities they should build a wiser planet.
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