Hotline: 1800 102 2007
Search Business Opportunities
Partnership 14 Apr 2015

IBM launches health unit; teams up with Apple, Johnson&Johnson and Medtronic

Deepening its partnership with Apple Inc., International Business Machines (IBM) Corp is creating a unit dedicated to provide data analytics to the healthcare sector.

International Business Machines (IBM) Corp is creating a unit dedicated to provide data analytics to the healthcare sector, making use of health information gathered by millions of Apple devices.
The new Watson Health unit of IBM plans to aggregate health information from a large number of Apple devices and providers in the cloud and offer insights to health product manufacturing companies like Johnson & Johnson and Medtronic, which can then integrate results into services they sell to healthcare companies.

Reportedly, IBM will create headquarters for the unit in Boston with 2,000 employees, including about 75 medical practitioners. It also bought two health technology firms, Explorys and Phytel, for an undisclosed amount, to add to its skills in health data analytics.

The company already has an arrangement to work with Apple on numerous enterprise applications, but is extending its co-operation in the area of health.

Watson Health named for IBM's artificial intelligence creation, which beat previous champions of the U.S. quiz show Jeopardy, will bring cloud services and analytics to Apple's latest forays into the health business, HealthKit and ResearchKit.

HealthKit centralizes a user's health data provided by any number of fitness and health apps on a device, while ResearchKit is an open-source platform that lets researchers create diagnostic apps for use on the iPhone.

One example is mPower, which measures hand tremors as a test for Parkinson's Disease.

Both services generate millions of points of data, and with customers' consent, IBM is looking to turn that anonymous data into meaningful signals for the treatment of illnesses or rehabilitation.

Johnson & Johnson, for example, said it will work with IBM on mobile-based coaching systems to help patients before or after surgery and will launch new health apps targeting chronic conditions.

Medical device maker Medtronic said it will use insights from Watson Health and work with IBM on personalized care plans for people with diabetes.

Related opportunities
  • About Us JANNATT Beauty &Health World is synonymous to its..
    Locations looking for expansion Chandigarh
    Establishment year 2003
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater chandigarh Chandigarh
  • Online learning/E-learning
    Want to be an entrepreneur in fastest growing e-Learning model..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 50 K - 2lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Varanasi Uttar Pardesh
  • Juices / Smoothies / Dairy parlors
    About : Albano is a traveler, who enjoys experiencing different cultures..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual dine Restaurants
    About: Desi Vibes specialized in authentic Mughlai and North Indian cuisine.The..
    Locations looking for expansion Delhi
    Establishment year 2005
    Franchising Launch Date 2014
    Investment size Rs. 50lac - 1 Cr.
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories