IBM and Mubadala to Bring Watson to MENA
IBM and Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, today announced an agreement to bring IBM Watson to the Middle East and North Africa (MENA).
The companies will collaborate to deliver Watson cloud-based cognitive computing to healthcare, retail, education, banking and finance organizations. The new joint venture will also create a broad regional ecosystem of partners, entrepreneurs, start-ups and app developers who will apply Watson in different ways throughout MENA.
According to IBM, Watson represents a new era in computing in which systems are able to interact in natural language, analyze large volumes of unstructured data, respond to complex questions with evidence-based answers, and discover new actionable patterns and insights.
The collaboration with IBM aims to exemplify Mubadala’s philosophy to capitalize on investment opportunities in various industries such as Information and Communications Technology (ICT) to support the diversification of Abu Dhabi’s economy and strengthen its competitive position in high-growth sectors both locally and internationally.
IBM in turn, will draw on Mubadala’s deep regional market knowledge to drive the adoption of cognitive computing technology across MENA.