BEIJING, November 18, 2024 – As it marks its four decades in China, IBM joins many other companies in piloting into a new phase partly characterized by generative AI despite the disruptions in the global order due to geopolitical and economic struggles.
The organization is trying to utilize its AI Know-how including the WatsonX platform and the Granite 3.0 models for businesses that find themselves in the “post-globalization” scenario.
Arvind Krishna, the CEO of IBM has made the statement that
‘Innovation is the purpose at the center of IBM’s mission’ ibm.com. While we still do business and make advancements in society by solving real-world problems using technology.
This comes with significant Financial outlay as such- AI and R&D- $7 Billion per annum- however the target remains the enterprise AI business leaders.
China, a key market for IBM, is seeing new possibilities in the business landscape as private companies’ adoption of AI enhances operational efficiency and opens up new global market prospects.
The organization has made further plans to focus on consultation and cloud services targeting the corporate sector in China.
“Our target is enabling Chinese firms use generative AI for productivity and business development,”
Explained Wang Hui, General Manager of IBM in China Consulting.
Reinvention is perhaps the most frequently used word when addressing IBM’s success. As stated by Mark J. Zbaracki, an ex-Wharton Professor,
‘IBM’s greatest advantage is its capacity to go through multiple cycles of innovation.’
Every time a business integrates AI into its operations internationally, it ensures the smoothest transition through technological and market upheavals.
The defining moment has arrived with the introduction of large language models and generative AI.
Due to its strategy of worldwide integration and customer focus, IBM is well positioned for the transformation as businesses are transformed by a convergence of different technologies.
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