IBM to open center to develop IoT

Home > Business > Industry

print dictionary print

IBM to open center to develop IoT

As part of its global Internet of Things drive, IBM’s Korean operation plans to establish an office in Seoul to specialize in the technology.

The so-called Center of Competency, an architect of the IoT, has already been established in the United States, Germany, Brazil, China and
Japan.

Korea is the sixth country to have the facility that will help IBM’s clients in the manufacturing and equipment business in particular innovate their business. The company refused to elaborate on the details of the center, only saying the new facility will operate internationally, not locally.

IoT connects various physical objects to the Web through cloud technology, making it possible to transfer data over networks without having humans interact with each other or having humans interact with computers.

“We intend to focus on manufacturing, equipment, electronics, communication and public sectors in Korea,” said Chang Yun-jung, leader of the IoT business department at IBM, in a press conference on Wednesday in central Seoul. “We will utilize our capacity in IoT as well as in consulting and analysis solution to come up with a more practical and detailed outcome.”

The once-dominant computer company announced in March it would invest $3 billion over the next four years to build an IoT unit that will leverage its big data, advanced analytics and cognitive computing strengths. The unit, according to IBM, will eventually comprise of more than 2,000 consultants, researchers, and developers.

Jack Desjardins, VP Ecosystem Alliances, IBM IoT, said Korean companies are shifting their focus from the business-to-consumer sector to business-to-business, which has infinite growth potential.


BY SEO JI-EUN [seo.jieun@joongang.co.kr]

More in Industry

DSME successfully tests LNG bunkering in its dockyard

T Map Mobility spinoff approved, Uber to take about 5%

Booze boom

Move over Federer

Hanjin KAL slams largest shareholder, accusing it of peddling lies

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now