IBM will focus its Taiwan R&D strategy this year on artificial intelligence, blockchain and cloud computing, a local company head says.
The century-old American firm formerly known as International Business Machines Corp. will make those shifts as it grows the company’s R&D center in Taiwan, local General Manager Lisa Kao told a Taipei news conference March 8.
IBM’s “strategic imperatives revenue” from business cloud computing, artificial intelligence and blockchain technology is growing, Kao said. That revenue now accounts for 46% of IBM’s total, she said.
Taiwanese firms and entire industries are expected to find ways this year to transform themselves, Kao said. They would reach that change through use of financial technology, high value-added manufacturing, digital retail and finding new talent. Security awareness is starting to increase among companies here, as well, she said.
For IBM, once primarily a computer developer, 2018 will be a year to “accelerate fruitful results” from developing the newer technologies, she said.
IBM is facing competition from rivals including Microsoft and Google, which have already surpassed IBM in artificial intelligence and automation.
Artificial intelligence (AI), blockchain and cloud computing will be deployed across larger projects to help IBM clients use data and AI to build new or more profitable businesses.
IBM received its largest ever number of U.S. patents in 2017, breaking its 2016 record as it pushed into blockchain and artificial intelligence.
It claims now 100,000 patents. IBM credits the newest batch to more than 8,500 researchers, engineers and other brains in 47 countries.
"For the past 25 years, IBM's patent leadership has changed the way the world works with advancements critical to the modern era of computing," IBM CEO, Chairman and President Ginni Rometty said in a statement.
”Today, nearly half of our patents are pioneering advancements in AI, cloud computing, cyber-security, blockchain and quantum computing – and all are aimed at helping our clients create smarter businesses.”
IBM Taiwan indicated at the media event that it would expand recruitment at local university campuses. It will post more than 100 job openings for business consultants, application developers and data engineers, among others, Kao said.
The firm already works with Taiwan’s better universities to find talent. It has tapped Tamkang University and National Chiao Tung University already to develop artificial intelligence and robot technology.
Kao, age 50 and Taiwanese, took the job in July 2017 after joining IBM Taiwan in 1993 as a client representative. She received her bachelor’s and master's degrees from Cornell University in the United States with a major in operations research and industrial engineering.
News source is from Business Next.