IBM Watson to bring cognitive computing to South Korean banking » Banking Technology

IBM and SK Holdings C&C, a South Korean IT services company, are planning to bring IBM's Watson cognitive technology language services to South Korean banking. The alliance, which includes training Watson to understand Korean, is designed to "dramatically accelerate" the adoption of cognitive computing throughout the region, giving South Korea-based developers a set of localised APIs and services they can use to help create their own applications and build new businesses. David Kenny, general manager, IBM Watson, says: "The South Korean marketplace is moving quickly to embrace the disruptive opportunities from next generation technology. Our strategic alliance with SK Holdings C&C will put cognitive services in the hands of more businesses and developers." SK Holdings C&C will run Watson and IBM Bluemix from its Pangyo Cloud Center, in support of universities, developers, and local businesses, across "diverse" industries including banking.