IBM to pour 200 million into Watson Internet of Things A.I. business in Munich

IBM said today that it will invest 200 million in a new global headquarters for its Watson Internet of Things business in Munich Germany. The move is part of the strategy of combining Watson -- the supercomputer that beat the world's best human Jeopardy player -- with the Internet of Things (IoT), or using sensors to make everyday objects smart and connected. It's also part of a global plan to invest 3 billion to bring Watson's cognitive computing to IoT. The investment in Munich is one of the company's largest ever in Europe and is in response to growing demand from customers who want to transform their operations with A.I. and IoT. IBM said it has 6,000 global clients using its Watson IoT solutions and services, up from 4,000 eight months ago.