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IBM Watson IoT accelerates business transformation in Europe

Press releases may be edited for formatting or style | July 19, 2018 Artificial Intelligence Business Affairs Health IT
MADRID, July 19, 2018 /PRNewswire/ -- IBM (NYSE: IBM) today announced that several new European clients have selected IBM Watson Internet of Things (IoT) technologies. New contracts signed with Spanish electricity grid operator Red Eléctrica de España, Italian elderly care provider Cooperativa Sole, Dutch telecommunications operator Tele2 and Israeli manufacturer of smart air conditioning Electra Group are examples of IBM's commitment to transforming business and improving operations with the power of Artificial Intelligence (AI)-enabled, IBM Cloud-based Internet of Things (IoT) technologies.

Red Eléctrica de España, the sole transmission agent and operator of the national electricity system in Spain has selected IBM Watson IoT technologies as part of its Intelligent Asset Management initiative project. The electricity system operator's objective is to plan and optimize the maintenance and replacement activities of their strategic transmission assets (like substations and transmission lines) with the support of the IBM Watson IoT platform. With an IoT analytics solution that is designed specifically to help Energy and Utilities improve asset maintenance and utilization, a team from IBM Global Business Services (GBS) has begun implementation of the platform and is working in unison with REE to develop asset degradation models and design optimization plans specific to the electricity system operator's requirements. IBM's technology and industry expertise combined with Red Electrica's innovative project vision and knowledge will allow REE have a better management of their assets, resulting in operating efficiency optimization.

Sole Co-operativa, an Italian elderly care provider and provider of assisted living facilities, has implemented IBM Watson IoT at Oasi Serena, its residence in Rimini, Emilia-Romagna on Italy's Adriatic Coast. In a pilot project, a variety of ambient and wearable sensors that detect the motion, location and more of each resident have been installed throughout the facility, collecting and analysing data that is turned into insights which are used to alert nursing staff in real-time when residents' daily activity deviates from the norm. This way, nurses can easily prioritise visits to residents who are in urgent need of assistance, day and night. The IoT-based solution has already increased operational efficiencies by 15-20%, with caregivers increasingly more able to focus on core tasks. In addition, these new data insights enable Sole Co-operativa to reduce risk factors and improve personalized patients' assistance.

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