IBM Corp. CEO Arvind Krishna started off IBM Think 2024 in Boston with key points highlighted in his keynote speech. Artificial intelligence (AI) is projected to add $4 trillion to annual GDP productivity by 2030, emphasizing the importance of this technology in various sectors. Despite the potential of AI, many companies are still in the early stages of adoption, with 40% of respondents in IBM’s Global AI Adoption Index still exploring or experimenting with AI.
IBM Watsonx, introduced 10 months ago, aims to accelerate AI implementations by providing a trusted environment for customers to run experiments and play with models. This platform has shown significant productivity gains for development teams, improved customer satisfaction, and increased digital work efficiency. The recent updates to Watsonx focus on making AI more flexible, cost-effective, and open for businesses.
IBM also unveiled new open-source innovations and products in collaboration with Red Hat to further drive enterprise AI implementation at scale. Granite models with varying parameters have been open-sourced to enhance innovation and maximize the potential of AI in different applications. Additionally, IBM Concert, a generative AI platform, was launched to help users control operations and optimize compliance processes.
The partnership ecosystem of IBM continues to grow, with collaborations with tech giants like Adobe, Meta, SAP, AWS, Mistral, Palo Alto Networks, Microsoft, Salesforce, and the Saudi Data and Artificial Intelligence Authority. These alliances aim to provide customers with more flexibility and options for integrating Watsonx capabilities into their business processes.
In the realm of quantum computing, IBM is making strides with over 3 billion experiments conducted on its quantum systems, indicating the shift from theoretical to practical applications. The promise of quantum computing lies in its ability to solve problems that classical computers cannot within the next few years, particularly in AI, hybrid cloud, and quantum-related domains.
Overall, the key takeaways from IBM Think 2024 include the increasing importance of AI in driving productivity and customer experiences, the advancements in open-source AI models, the introduction of IBM Concert for operations control, and the expanding partnership ecosystem for broader AI adoption. As the event unfolds, there will be further insights and updates on the innovative solutions presented by IBM.
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https://siliconangle.com/2024/05/21/ibm-ceo-arvind-krishna-kicks-off-ibm-think-2024-highlights/