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00:00WONDERFUL TO HAVE YOU HERE. LOVELY TO SEE YOU AGAIN. LET'S START OFF WITH THE INTERNET OF THINGS. >> IF YOU TAKE THE WHOLE PLATFORM ENVIRONMENT THAT HAS DEVELOPED AND LEARNED ABOUT WHAT THE INTERNET OF THINGS IS, THEN WE HAVE A WHOLE RANGE OF APPLICATIONS, HOW TO GET STARTED IN THE INTERNET OF THINGS. THEN THE DIGITAL TRANSFORMATION THAT GOES AROUND IT. 10 DAYS AGO, WE HAD THE GENIUS OF THINGS EVENT AND OUR MUNICH INTERNET OF THINGS HEADQUARTERS. WE HAD 600 CLIENTS FROM 400 DIFFERENT BUSINESSES. WE HAD 22 COMPANIES SHARING OUTCOME. HOW BMW, HOW VISA, ALL USING COGNITIVE IN THE INTERNET OF THINGS, AS WELL AS A SERIES OF COMPANIES WORKING WITH THOSE AROUND: LOCATION. -- COLOCATION. COMPANIES LIKE BNP PARIBAS WORKING TO INNOVATE AND CREATE USING COGNITIVE. THESE CO-LABORATORIES IN THESE ECOSYSTEMS. CAROLINE: WHAT DOES BNP PARIBAS MAKE? >> WE ARE LOOKING INTO IT. WE ARE LOOKING AT THE PROBLEMS THAT DATA CAN HELP SOLVE, AND TOGETHER WE CREATE SERVICES AND PRODUCTS WITH THEIR INTENTION VERTICAL KNOWLEDGE AND OUR OWN COGNITIVE KNOWLEDGE TO COME UP WITH A SOLUTION. CAROLINE: IF IT DRIVING REVENUE FOR IBM? >> YES, THE INTERNET OF THINGS MOST DEFINITELY. WE HAS THOUSAND -- WE HAD 6000 CLIENTS THROUGH THE APPLICATION OR DIGITAL TRANSFORMATION. IT IS A REAL INFLECTION POINT. CAROLINE: WHAT EDGE IS THE I -- AI GIVING IBM? >> I THINK IT IS ENORMOUS. ONE OF THE KEY ELEMENTS IS THIS MASS OF DATA, STRUCTURED AND UNSTRUCTURED, COMING FROM EVERY POSSIBLE SENSOR, DEVICE. YOU SAW OUR ANNOUNCEMENT WITH AT&T AND THE ONSET OF 5G. WATSON IS ABLE TO NOT ONLY PROCESS ALL OF THAT DATA, STRUCTURED AND UNSTRUCTURED, BUT VERY QUICKLY IN NATURAL LANGUAGE SHARE CORRELATIONS AND PATTERNS THAT YOU WOULD JUST NOT BE ABLE TO SEE. CASE LETTER IS AN EXAMPLE. THEY ARE THE BIGGEST MANUFACTURER IN THE WORLD. THEIR FACTORIES ARE GOING TO BE SMARTER AND MORE EFFICIENT, BUT THEY ARE ALSO CREATING A COGNITIVE SELF DETERMINING BALL BEARING THAT KNOWS WHEN IT NEEDS MAINTAINING, THAT KNOWS WHEN IT NEEDS REPLENISHING, AND KNOWS WHEN IT IS OFF. WATSON REALLY IS THE DIFFERENTIATOR. WITHOUT WATSON, HOW COULD YOU REALLY ANALYZE AND CREATE MEANINGFUL PRODUCTS AND SERVICES IN THIS SPACE? CAROLINE: DO YOU THINK WATSON IS THE EDGE VIS-A-VIS GOOGLE'S CLOUD, MICROSOFT'S CLOUD? >> I THINK THE FACT THAT WE HAVE COGNITIVE CAPABILITIES THAT IS ACTUALLY WITH CLIENTS DISCUSSING OUTCOMES -- YESTERDAY, THE LARGEST FRENCH TRANSPORTATION SYSTEM WAS TALKING ABOUT THE MYRIAD OF WAYS THEY SAVE MONEY. COGNITIVE IS HUGE. THE SECOND TWO AREAS THAT ARE BIG IN THE INTERNET OF THINGS, WHICH ARE VERY DIFFERENTIATING FOR IBM -- THE FIRST IS THE WHOLE SECURITY. FOR 50 YEARS OR MORE, IBM HAS BEEN PROTECTING THE DATA OF OUR CLIENT. IT IS THEIR DAN -- DATA. EVEN IF WE CREATE PRODUCTS TOGETHER, IT IS THEIR DATA. THE DATA AND SECURITY ISSUES WHERE WE HAVE BAKED INTO OUR PRODUCT, ALL THAT IBM'S HISTORY

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IBM's Harriet Green Sees 'Enormous' Advantage From Watson

Harriet Green, IBM general manager of Watson Internet of Things, Commerce and Education, sits down with Bloomberg's Caroline Hyde at IBM InterConnect 2017 to discuss IBM's outlook on the internet of things. (Source: Bloomberg)

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