October 8, 2015
Thomson Reuters and IBM Collaborate to Deliver Watson Cognitive Computing Technology
NEW YORK — Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and IBM (NYSE: IBM) today announced they have entered into an agreement to enhance customer solutions across Thomson Reuters using Watson.
The collaboration underscores the ongoing commitment by Thomson Reuters to deliver innovative technology solutions within specific industry domains to its customers via its in-house technology development, as well as through key strategic collaborations.
“Thomson Reuters helps customers make critical business decisions by applying cutting-edge technology and domain expertise to complex sets of data and information,” said Brian Scanlon, chief strategy officer, Thomson Reuters. “Our work with IBM to apply Watson is a natural complement to our market-leading customer solutions.”
“Working with Thomson Reuters, and their vast trove of data, is an incredible opportunity to combine Watson’s cognitive capabilities with a global leader in decision making solutions across science, legal, tax, and finance,” said Mike Rhodin, senior vice president, IBM Watson. “The result will be accelerated discoveries for the professionals that rely on these important information solutions, ultimately bringing new levels of speed and precision to critical decisions.”
Thomson Reuters will explore the application of Watson technology to key industry market opportunities to leverage deep content analytics, natural language processing, decision support and evidence-based learning to enable Thomson Reuters customers to derive greater insight and workflow efficiency.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com
IBM Watson: Pioneering a New Era of Computing
Watson is the first open cognitive computing technology platform and represents a new era in computing where systems understand the world in the way that humans do: through senses, learning, and experience. Watson continuously learns, gaining in value and knowledge over time, from previous interactions. With the help of Watson, organizations are harnessing the power of cognitive computing to transform industries, help professionals do their jobs better, and solve important challenges.
To advance Watson, IBM has two dedicated business units: Watson, established for the development of cloud-delivered cognitive computing technologies that represent the commercialization of "artificial intelligence" or "AI" across a variety of industries, and Watson Health, dedicated to improving the ability of doctors, researchers and insurers and other related health organizations to surface new insights from data to and deliver personalized healthcare