Could autonomous cars be just the ticket to veer IBM (IBM) back into relevance? As a matter of fact, it could.
While tons of computing power is one of the needs of the driverless car, the software running on that hardware is just as important. As it turns out, not only is IBM waist-deep in the connected-car space, it’s also quietly tiptoeing into the autonomous car arena too.
Specifically, a piece of IBM software called MobileFirst has already turned cars into “smart cars” by wirelessly connecting them to a network. And Big Blue has partnered with German auto parts and component company Continental to take that technology to the next level and develop a system that safely operates driverless cars.
For perspective on just how seriously investors should take IBM as a play on driverless cars, its partner, Continental, happens to be one of the partners working on the self-driving Google car initiative.