IBM says to invest US$3bil in 'Internet of Things' unit


BETTER ACCESS: IBM said its services will be based remotely in the cloud, and offer companies ways to make use of the new and multiplying sources of data such as building sensors, smartphones and home appliances to enhance their own products.

International Business Machines Corp said it will invest US$3bil (RM11.14bil) over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data. 

The Armonk, New York-based technology company said its services will be based remotely in the cloud, and offer companies ways to make use of the new and multiplying sources of data such as building sensors, smartphones and home appliances to enhance their own products. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

EU watchdog: Meta shouldn’t force users to pay for data protection
Nokia's Q1 comparable operating profit grows less than expected
US student hospitalised after trying dangerous TikTok ‘blackout challenge’
Layoff whiplash scars workers who find new jobs only to lose them
European Union questions TikTok on new app that pays users for watching
Man watches RM119,000, woman disappear in online dating scam, US police say
Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
Uber is helping investigators look into account that sent driver to US home where she was killed
AI computing is on pace to consume more energy than India, Arm says
The quick, cheap, easy process of building an AI-generated disinformation website

Others Also Read