According to a recent announcement, ABB and IBM (News - Alert) have launched a strategic collaboration with the aim of bringing together ABB Ability and IBM Watson Internet of Things (IoT) cognitive capabilities in order to unlock new value for customers in utilities, industry, transport and infrastructure.
The companies said that their joint customers will benefit from ABB’s deep domain knowledge and extensive portfolio of digital solutions combined with IBM’s expertise in artificial intelligence and machine learning as well as different industry verticals. The first two joint industry solutions powered by ABB Ability and Watson will bring real-time cognitive insights to the factory floor and smart grids.
“This powerful combination marks truly the next level of industrial technology, moving beyond current connected systems that simply gather data, to industrial operations and machines that use data to sense, analyze, optimize and take actions that drive greater uptime, speed and yield for industrial customers,” said Ulrich Spiesshofer, CEO, ABB. “With an installed base of 70 million connected devices, 70,000 digital control systems and 6,000 enterprise software solutions, ABB is a trusted leader in the industrial space, and has a four decade long history of creating digital solutions for customers. IBM is a leader in artificial intelligence and cognitive computing. Together, IBM and ABB will create powerful solutions for customers to benefit from the Fourth Industrial Revolution (News - Alert).”
New suite of solutions
The solutions suite developed by ABB and IBM are designed to improve quality control, reducing downtime and increasing speed and yield of industrial processes.
“This important collaboration with ABB will take Watson even deeper into industrial applications – from manufacturing, to utilities, to transportation and more,” said Ginni Rometty, Chairman, president and CEO, IBM. “The data generated from industrial companies' products, facilities and systems holds the promise of exponential advances in innovation, efficiency and safety. Only with Watson's broad cognitive capabilities and our platform's unique support for industries can this vast new resource be turned into value, with trust. We are eager to work in partnership with ABB on this new industrial era.”
ABB and IBM said they will use Watson’s artificial intelligence to help find defects via real-time production images that are captured through an ABB system, and then analyzed using IBM Watson IoT for Manufacturing. Watson will also predict supply patterns in electricity generation and demand from historical and weather data, to help utilities optimize the operation and maintenance of today’s smart grids, which are facing the increased complexity created by the new balance of conventional as well as renewable power sources.