The IBM investment will be used in part to develop hands-on industry labs at Watson's IoT headquarters in Munich, Germany.
IBM is investing $200 million into its Watson IoT business, which is headquartered in Munich, Germany. The Watson IoT headquarters will be home to new hands-on industry labs where clients and partners will work with IBM's researchers, engineers, and developers to drive innovation in the automotive, electronics, manufacturing, healthcare, and insurance industries.
This is one of IBM's largest ever investments in Europe, and is in response to customers wanting to use a combination of IoT and Artificial Intelligence technologies. IBM currently has 6,000 global clients, up from 4,000 eight months ago, according to an IBM press release. These clients are using Watson IoT technologies to gather information from billions of sensors embedded in machines, cars, drones, ball bearings, and hospitals.
"IBM is making tremendous strides to ensure that businesses around the
