IBM announced Tuesday that it will invest $3 billion over the next four years in a new 鈥淚nternet of Things鈥 division that will be charged with finding ways to use its data in the growing market of Internet-connected devices.
The announcement comes the same day IBM also revealed a , known for its media properties like the Weather Channel and weather.com.
The New York-based technology giant鈥檚 new unit and partnership signal a deeper emphasis on utilizing data, prompting industry analysts to ask what that may mean for other companies looking to keep up with the rapidly evolving technology field.
s Jeremy Hobson speaks with Arik Hesseldahl of Re/code for a look at the strategy behind these announcements.
Guest
- , senior editor of enterprise for Re/code. He tweets .
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