IBM Watson: The Growth Story Finally Unfolding

IBM (NYSE:IBM) jointly announced with the German conglomerate Siemens (OTCPK:SIEGY) that they are planning to include IBM's Watson in Siemens's industry analytics platform MindSphere. Siemens is Europe's largest manufacturing and electronics company with a worldwide presence. Siemens operates in the industrial sector with lots of on-premises software suites, which the company is willing to send to cloud. As a result, IBM's Watson will get a significant boost. This article investigates how IBM's Watson platform will benefit from the development.