Thoughts on Business and Technology

IBM – Nurturing the culture of Innovation

What is IBM ? 

  • IBM is not defined by a product, it’s a company based on innovation.
  • IBM started with cheese slicers and time clocks, but today it’s a software and service company.

Five Avenues to be a innovative company :

  1. Internal Research
  2. Relationship with Universities,
  3. Feedback and relationship with clients
  4. Strong network with Venter Capital network
  5. Encourage and nurture innovation within the organization

Research & Development is not one thing. Research is disruptive and Development is continuous innovation.

IBM’s engines of Innovation : 

  • Strategy Teams for Business & Technology
  • GTO – Global Technological Outlook every year and every 5 years   ( which are rated )
  • IBM Research Group ( 3000 Phd’s , largest research groups in the world )

How IBM maintains curiosity & innovative culture :

Strategic beliefs :

  • There is a new era of computing
  • New people who will start using technology
  • It will change the world

Short term execution and long term vision :

  • What must change – what we do ( products & services )
  • What must endure – The character of your company ( purpose / values )

Nine Practices of IBM ( 1 purpose -3 values -9 practices ) : 

Treasure Wild ducks ( A tamed duck forgets to fly / be open to innovate always )

Research Group in IBM ( Long term Focus ) : 

  • Smarter Planet / Cloud / Social – 75% focus
  • Fundamental Research in Computing – 25%

Watson : 

  • Working on Oncology ( understands medical language and natural language / digests data )
  • 20 years of natural language research and 5 years of artifical intelligence
  • Watson 2.0 – it can see / recognize images and pictures and more…
  • Watson 3.0 – can learn / debate and reason
  • It’s a compliment to humans and is a service, which will help us digest Big Data.

What is the essence of being CEO of IBM : 

  • Stewardship of employees and shareholders for the long term.

Complete Interview with Ginni Rometty –

[youtube=http://www.youtube.com/watch?v=99kxWl_mefM&w=420&h=315]

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