Visa, Bosch and Indiegogo unveil IBM Watson IoT partnerships

Financial services powerhouse Visa, industrial and consumer hardware supplier Bosch, and entrepreneurial funding platform Indiegogo have all announced major new partnerships with IBM’s Watson internet of things (IoT) business unit to develop and bring IoT solutions to market.

“IoT is changing the world around us, whether it’s allowing businesses to achieve unimaginable levels of efficiency or enabling washing machines to ensure we never run out of detergent,” Said Harriet Green, GM, Watson Internet of Things, Commerce & Education.

“The IoT is not only driving a more connected world, it’s changing the way we live, shop and pay, by moving data and the point of sale to wherever the consumer wants it to be,” Said Jim McCarthy, EVP of Innovation and Strategic Partnerships, Visa.

Rainier Kallenbach, CEO, Software Innovations at Bosch said he would no longer have a “linear relationship” with its long-term IT supplier IBM, but rather a “networked partnership”.

“So we have partnered with Arrow to help with the components, technology and engineering to optimise the project,” said Slava Rubin, cofounder of Indiegogo. “IBM is being added to bring the next software layer.”

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