{"id":18438,"date":"2015-10-30T11:46:34","date_gmt":"2015-10-30T11:46:34","guid":{"rendered":"http:\/\/www.businesscloudnews.com\/?p=238081"},"modified":"2015-10-30T11:46:34","modified_gmt":"2015-10-30T11:46:34","slug":"ibm-to-buy-the-weather-company-and-make-it-elementary-to-watson","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/ibm-to-buy-the-weather-company-and-make-it-elementary-to-watson\/","title":{"rendered":"IBM to buy The Weather Company and make it elementary to Watson"},"content":{"rendered":"<p><a href=\"http:\/\/www.businesscloudnews.com\/files\/2015\/10\/IBM-The-Weather-Company-Photo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-238091\" src=\"http:\/\/www.businesscloudnews.com\/files\/2015\/10\/IBM-The-Weather-Company-Photo-300x200.jpg\" alt=\"IBM The Weather Company Photo\" width=\"300\" height=\"200\" \/><\/a>IBM has entered an agreement to buy The Weather Company\u2019s B2B, mobile and cloud-based web properties, in a bid to extend its Internet of Things range.<\/p>\n<p>The acquired assets include WSI, weather.com, Weather Underground and The Weather Company brand. The Weather Channel will not be part of the acquisition but it will license weather forecast data and analytics from IBM under a long-term contract.<\/p>\n<p>IBM says the combination of technology and expertise from the two companies will be foundation for the new Watson IoT Unit and Watson IoT Cloud platform as part of its $3 billion investment strategy in this sector.<\/p>\n<p>The Weather Company\u2019s cloud data system runs the fourth most-used mobile app daily in the United States and handles 26 billion inquiries a day.<\/p>\n<p>On closing the deal, IBM will acquire The Weather Company\u2019s product and technology assets that include meteorological data science experts, precision forecasting and a cloud platform that ingests, processes, analyses and distributes petabyte sized data sets instantly. The Weather Company\u2019s models analyse data from three billion weather forecast reference points, more than 40 million smartphones and 50,000 airplane flights per day, allowing it to offer a broad range of data-driven products and services to 5000 clients in the media, aviation, energy, insurance and government industries.<\/p>\n<p>The Weather Company\u2019s mobile and web properties serves 82 million unique monthly visitors. IBM said it plans to develop The Weather Company\u2019s digital advertising platform and skills, commercialising weather information through data-driven advertising with additional ad-sponsored consumer and business solutions.<\/p>\n<p>\u201cThe next wave of improved forecasting will come from the intersection of atmospheric science, computer science and analytics,\u201d said Weather Company CEO David Kenny. \u201cUpon closing of this deal, The Weather Company will continue to be able to help improve the precision of weather forecasts and deepen IBM\u2019s Watson IoT capabilities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IBM has entered an agreement to buy The Weather Company&rsquo;s B2B, mobile and cloud-based web properties, in a bid to extend its Internet of Things range.<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1178,3526,799,893,1909,1976,3612,993],"tags":[],"class_list":["post-18438","post","type-post","status-publish","format-standard","hentry","category-analytics","category-cognitive-computing","category-ibm","category-internet-of-things","category-iot","category-news-analysis","category-the-weather-company","category-watson"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/18438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/105"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=18438"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/18438\/revisions"}],"predecessor-version":[{"id":18439,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/18438\/revisions\/18439"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=18438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=18438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=18438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}