IBM Joins With Apple, J&J to Analyze Health Data in the Cloud

April 14, 2015 Off By David

Grazed from Bloomberg.  Author: Alex Barinka.

IBM is joining with Apple Inc., Johnson & Johnson and Medtronic Plc to create a technology that will make it easier for health-care companies to analyze patient data.  International Business Machines Corp. announced a cloud-computing platform, called Watson Health Cloud, which can store and analyze anonymous patient data. A business unit will be created around the offering with at least 2,000 specialists, IBM said in a statement.

IBM has been seeking growth in newer areas like data analytics and cloud computing as tumbling demand for legacy hardware and services has dragged down revenue. The company has increasingly relied on industry-specific partnerships to help boost sales, like these latest tie-ups in health care…

“It’s a huge bet for IBM,” John Kelly, senior vice president for solutions portfolio and research, said in an interview. “We looked around for areas that were high growth where if we entered we could make a substantial difference and capture substantial share. None of us are satisfied with the outcomes in the health-care industry.”…

Read more from the source @  http://www.bloomberg.com/news/articles/2015-04-13/ibm-joins-with-apple-j-j-to-analyze-health-data-in-the-cloud