IBM Watson opens $200 million IoT headquarters in Munich

IBM Watson Group opened a $200 million Internet of Things (IoT) headquarters today in Munich, Germany, what the company is calling its biggest investment in Europe in more than two decades. There more than 1,000 IBM engineers and designers will work with IBM clients and partners in what IBM Watson general manager Harriet Green called a "collaboratory." Watson works with 6,000 clients worldwide, according to the company. "This is more than a ribbon cutting or a ceremony. This is an industry moment. We think it is a turning point because at IBM we have always believed that there is only one way to fill the potential of this truly transformational technology, and that is together," Green said today at Genius of Things Summit, a gathering of press, the IoT team, and more than 400 business partners.