Posts Tagged ‘IBM Garage’

IBM opens “The Watson Centre at Marina Bay” in Singapore

Thursday, June 9th, 2016

In an investment to accelerate development and commercialisation of disruptive technologies in Asia, the new Watson Centre houses “IBM Garage Singapore” and “IBM Studios – Singapore”; and will facilitate close to 5,000 IBM Cognitive Solution Professionals across the region co-creating with clients to drive transformation in their organisations.

Tharman Shanmugaratnam - Deputy Prime Minister & Coordinating Minister for Economic and Social Policies - officiating the launch of The Watson Centre at Marina Bay (in Marina Bay Financial Centre Tower 2).

Tharman Shanmugaratnam – Deputy Prime Minister & Coordinating Minister for Economic and Social Policies – officiating the launch of The Watson Centre at Marina Bay (in Marina Bay Financial Centre Tower 2).

Within the next five years, disruptive technologies such as cognitive computing and blockchain are expected to drive dramatic shifts in every industry, from healthcare, to financial services, to tourism.

“We are pleased with IBM’s decision to establish their APAC HQ and the new Watson Centre, together with a number of innovation initiatives, in Singapore to develop impactful digital solutions for their clients. This is a testament to Singapore’s growing start-up ecosystem, presence of strong industry verticals and the availability of digital talent with deep capabilities,” said Yeoh Keat Chuan, Managing Director, Singapore Economic Development Board.

To help clients of all sizes in the Asia Pacific region lead in shaping the future of their industries, IBMtoday announced plans to assist in the rapid prototyping and commercialisation of solutions based on cognitive computing and blockchain.

IBM today opened The Watson Centre at Marina Bay, an incubator designed to bring together organisations of all sizes, business partners and IBM experts to co-create business solutions that leverage IBM’s cognitive, blockchain and design capabilities.

IBM’s new Asia Pacific headquarters is based in the same location, in the heart of Singapore’s financial district.

Watson Centre at Marina Bay will act as a centre of expertise for almost 5,000 IBM cognitive solutions professionals in the Asia Pacific region alone, including researchers, IBM Watson specialists, data scientists, software engineers, agile developers and analytics experts.

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IBM SolutionsConnect: Blockchain – Beyond Finance

Thursday, June 2nd, 2016

Disruption enables enterprises to cut costs involved in technologies whilst reducing the inefficiencies. Alan Lim shares how IBM Blockchain Labs can help you apply blockchain technology to make more efficient an application that is core to your business.

If your business is based on a network of partners, dealers, suppliers and customers; and if your success is based on a system that can be disrupted; AND if you want to become the next disruptor, you should take a serious look at Blockchain technology.

If your business is based on a network of partners, dealers, suppliers and customers; and if your success is based on a system that can be disrupted; AND if you want to become the next disruptor, you should take a serious look at Blockchain technology.

Enterprises can now leverage on the structured approach for an application or a system based on Blockchain tenets.

Blockchain technology is suitable for any enterprise that involves multi-party, multi-layered transactions.

“Blockchain is the next stage of digitisation,” said Raymond Wong – Country Manager, Software, IBM Singapore – during his welcome address for IBM’s one-day thought leadership conference (“Technology Leadership in the Cognitive Era”) in Singapore.

Blockchain entails the principle of a shared ledger with shared data, leading to visibility of not only the entire history of transactions, but also the customer’s relationship data.

Alan Lim noted that some US$1 billion has been spent on Blockchain technology, and that the investment is moving away from BitCoin specific to the underlying Blockchain technology.

Lim is a Lead Software Architect with IBM Software.

Enterprises do not work in silos, instead they thrive in business networks, generating wealth in the marketplace through the transference of goods and services.

The key then is how to engineer trust among the various parties, especially when it is a challenge to monitor asset ownership and transfers/transactions.

Blockchain technology is based on a concept of a decentralised consensus network, introducing replicated, shared, permissioned ledgers for transparency, whilst privacy is maintained by ensuring that relevant parties can only see what they need.

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