IBM announced a new business unit, Watson Health, that will offer cloud-based access to its Watson supercomputer for analyzing healthcare data.
The Watson Health Cloud will be an open source but secure platform on which care providers and researchers can share and analyze health data for greater insights into trends to improve individual and overall patient outcomes. As a part of its strategy to dramatically improve the ability of doctors, researchers and insurers to innovate by surfacing new insights from the massive amount of personal health data being created daily, IBM also formed partnerships with Apple, Johnson & Johnson, and Medtronic to optimize consumer and medical devices.
In addition, IBM reached agreement to acquire Cleveland-based Explorys and Dallas-based Phytel, two healthcare technology companies widely recognized for their leadership in applying Big Data and analytics to help improve the quality of health for individuals and large population groups. The acquisitions bolster IBM’s efforts to apply advanced analytics and cognitive computing to help primary care providers, large hospital systems and physician networks improve healthcare quality and effect healthier patient outcomes.