IBM’s Watson Is Now a Doctor

IBM’s (NYSE:IBM) super-brainy computer Watson, is now performing medical duties, with a focus on oncology. He’ll be working at the prestigious Memorial Sloan-Kettering Cancer Center.

Watson can understand natural English and also process about 1 million books per second. With this enormous power, he was able to beat two of the all-time top players on Jeopardy!

But Watson has proven to be more than just a cool technology. He should be extremely helpful with research — and perhaps could help provide some advances in combating cancer.

In fact, Watson has the potential to help many industries as well. He’s already working for companies like Citigroup (NYSE:C) and WellPoint (NYSE:WLP).

As a result, it looks like IBM will cash in. CLSA analyst Ed Maguire estimates Watson alone will bring in $2.65 billion in revenues for Big Blue, or 52 cents of earnings per share, by 2015.

 


Article printed from InvestorPlace Media, https://investorplace.com/2012/03/ibms-watson-is-now-a-doctor/.

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