IBM WatsonX: The AI and Data Platform Built for Business

Overview:

         IBM WatsonX is a next-generation AI and data platform designed to scale and accelerate the impact of AI with trusted data across businesses. It provides self-service access to high-quality, trustworthy data, enabling users to collaborate on a single platform where they can build and refine both new, generative AI foundation models as well as traditional machine learning systems.

Users:

         WatsonX is designed for a wide range of AI builders — from data scientists to developers to everyday users who have never written a single line of code.

Goal:

         The goal of WatsonX is to make AI easier to adapt and scale by providing an end-to-end AI workflow.

Uses and Features:

1. Generative AI Capabilities: WatsonX offers a studio of integrated tools for working with generative AI capabilities that are powered by foundation models.
2. Data Management: WatsonX provides a data store to enable the gathering and cleansing of training and tuning data.
3. AI Governance: WatsonX includes a toolkit for governance of AI, allowing businesses to manage legal, regulatory, ethical, and accuracy concerns.
4. Collaborative Environment: WatsonX provides a secure and collaborative environment where users can access their organization's trusted data, automate AI processes, and deliver AI in their applications.
5. Chatbot Deployment: WatsonX allows businesses to quickly deploy chatbots with IBM WatsonX Assistant™, a conversational AI application powered by large language models (LLMs).

How it Works:

1. WatsonX provides a studio of integrated tools for working with generative AI capabilities that are powered by foundation models.
2. It provides a data store to enable the gathering and cleansing of training and tuning data.
3. WatsonX includes a toolkit for governance of AI, allowing businesses to manage legal, regulatory, ethical, and accuracy concerns.
4. WatsonX provides a secure and collaborative environment where users can access their organization's trusted data, automate AI processes, and deliver AI in their applications.
5. WatsonX allows businesses to quickly deploy chatbots with IBM WatsonX Assistant™, a conversational AI application powered by large language models (LLMs).

Customer Companies Statistics:

1. WatsonX has been shaped by more than 150 users across industries – from telco to banking – participating in the beta and tech preview programs.

2. Some of the companies that have used WatsonX include the United States Tennis Association, Truist, Mercado Latino, Inc., FYI, Eviden, and The All England Club.

3. An independent study found IBM Watson Assistant customers accrued $23.9 million in benefits and an ROI of 337% over 3 years.