Comments
dlr5288
2/24/2016 8:38:32 PM User Rank Platinum
Re: weather
I also think that this parnership is a great idea. Being that the app is so popular, it's a smart move! Also because the weather is something that everyone looks up, if not on a daily basis, at least weekly it's obviously important to the consumers.
It's good that IBM is able to see that the weather is able to add something to their company and will be able to add more data to the consumers.
batye
2/24/2016 2:26:05 PM User Rank Platinum
Re: weather
@DHagar yes, as IBM trying to find good way to survive at the present stage of the economy...
DHagar
2/24/2016 1:43:21 PM User Rank Platinum
Re: weather
Bayte, thanks. It truly gives IBM the opportunity to monetize their data and create more value, as well as develop new markets. If they do that, they will truly unleash new profit-making opportunities.
batye
2/23/2016 7:53:49 PM User Rank Platinum
Re: weather
@DHagar i could not agree more it very smart move...
DHagar
2/8/2016 1:06:53 PM User Rank Platinum
Re: weather
Writerfo10281, I think this is an excellent move on IBM's part. It may suggest that they recognize the avenue for growth will be to deliver new value from the data.
It looks like the acqusition of Weather Company brings some established data channels to generate profits, applications, as well as providing key elements to deliver more data in new markets.
Sounds like a smart move - needed as well!
Re: weather
Agreed--if you own the data but do nothing with it, who cares? IBM hasn't maximized what they have yet, so let's see what they do now...
afwriter
2/3/2016 11:51:23 PM User Rank Platinum
Re: weather
I agree whole heartedly, It is not so much about who owns the data or how it is mined. It is more about how the data is used and how IBM works with companies to maximize the use of said data.
Ariella
2/3/2016 8:17:51 PM User Rank Author
Re: How much of a monopoly on weather data is there?
@mhhf1ve from what I've seen, IBM is not creating new sources of weather information here but acquiring existing ones in the form of the Weather Channel (which already used IBM cloud services) and other such outlets.
In the analysis that Fortune put out a few months back, it explained the idea was adding this particular stream of data to others for a more comprehensive picture that factors weather into business decisions:
IBM said the acquisition will lift the company's new Watson Internet of things unit and related cloud platform. The Internet of things generally refers to devices like automobiles, manufacturing equipment, and toasters being outfitted with sensors that can connect to the web.
Big Blue said that its customers will now be able to link all of their business and sensor data from their connected devices with weather data using Watson. This, in theory, could help companies make better business decisions.
mhhf1ve
2/3/2016 6:41:31 PM User Rank Platinum
Re: How much of a monopoly on weather data is there?
> "the sources for data prediction are mostly the same for all meterologists.."
Hmm. I seem to recall, tho, that local news stations used to "compete" with each other by saying things like one station owned (or had access to) some more advanced weather radar system than its rival news stations -- in some exclusive way. Certainly, there could have been some marketing BS in that claim, but is it really true that meteorogists all have access to the same weather data nowadays?
Maybe the differences aren't really significant between various weather sensor networks? It seems plausible that one set of temperature gauges and barometers set up only miles apart from another set... wouldn't really differ by that much.
But if weather data is weather data... then.. what did IBM just buy into? The database of historical weather data? A distribution network of weather data?
batye
2/3/2016 1:56:58 PM User Rank Platinum
Re: How much of a monopoly on weather data is there?
@Ariella I think you are right as everyone uses the same data but just interpretation of it everyone give it own :)
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