TechTaffy

tech:

taffy

Cisco, IBM combining edge analytics with Watson capabilities for actionable insights

By TechTaffy Desk

Cisco and IBM have inked a global collaboration to provide Internet of Things (IoT) insight at the edge of the network, combining IBM’s Watson IoT and business analytics technologies and Cisco’s edge analytics capabilities.

The two companies have joined forces to offer immediate, actionable insight at the point of data collection, targetting companies operating on the edge of computer networks such as oil rigs, factories, shipping companies and mines, where bandwidth is often lacking.

“The way we experience and interact with the physical world is being transformed by the power of cloud computing and the Internet of Things,” said Harriet Green, general manager, IBM Watson IoT, Commerce & Education. “For an oil rig in a remote location or a factory where critical decisions have to be taken immediately, uploading all data to the cloud is not always the best option. By coming together, IBM and Cisco are taking these powerful IoT technologies the last mile, extending Watson IoT from the cloud to the edge of computer networks.”

Organizations already deploying the solution include Bell Canada, Port of Cartagena, and SilverHook Powerboats.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.