IBM has chosen Munich to head its initiative to lead the industrial internet
The New York based enterprise would establish its international head office in Munich. The headquarters would be established to help the Corporation pioneer the industrial web, capitalizing on an important mass of insurance, automotive, manufacturing and health care corporations based in Southern Germany.
On Tuesday, IBM stated that it would be employing 1000 workers to work with clients on industrial web ventures in the capital of Bavaria. It is also establishing eight satellite centers across the world to let customers develop smarter- network connected facilities.
The measure comes amid media reports that the Corporation might cut down its German workforce by 18% in the upcoming 2 years. Munich is home to the biggest manufacturing corporations of Europe, Siemens along with truck company MAN SE and car manufacturer. Munich Re and Insurers Allianz have their head offices located in the city.
The company is collaborating with the automotive parts vendor Continental AG and Siemens, amongst other major companies. The additional offices would be established in Seoul, Beijing, Toyko alongside 3 American cities, San Paulo and Boblingen in Brazil, a 2nd German city located near the German car industry’s hub Stuggart.
The Corporation stated it plans to let enterprises find out ways to utilize dizzying amount of information that would be produced by sensors, network- connected gadgets and systems called Internet of Things .
Increasingly, anything from health monitors to industrial parts to vehicles is turning into an internet connected gadget. Market research organization Gartner Inc has forecasted that there would be 6.4 bn connected gadgets in use by the upcoming year, up 30% from this year, and the market would be flooded with 20.8 bn gadgets by 2020.
In all, 2000 salespeople, consultants, researchers, designers, developers and data scientists would be working in the organization’s IOT enterprise on 6 continents.
The largest technology services enterprise of the world has been spinning of low-profit margin hardware enterprises, but has up till now not been able to make up the shortfall in more profitable areas like security software, data analytics, mobile and cloud computation.
In addition to development of its head office in Munich, the Corporation would also develop its Watson internet of things division in the EU member state. This would prove to be the 1st major Watson set up outside the United States.
The Watson internet of things division would be responsible for the management of new solutions and development of the Corporation’s partnerships around Internet of things. One of the factors responsible for making the Corporation opt for Munich is its role in the automotive industry of Germany.