IBM Watson ushers in a new era of data-driven discoveries
NEW YORK, N.Y. - 28 Aug 2014: IBM (NYSE: IBM) today announced significant advances in Watson's cognitive computing capabilities that are enabling researchers to accelerate the pace of scientific breakthroughs by discovering previously unknown connections in Big Data.
Available now as a cloud service, IBM's Watson Discovery Advisor is designed to scale and accelerate discoveries by research teams. It reduces the time needed to test hypotheses and formulate conclusions that can advance their work -- from months to days and days to just hours -- bringing new levels of speed and precision to research and development.
Building on Watson's ability to understand nuances in natural language, Watson Discovery Advisor can understand the language of science, such as how chemical compounds interact, making it a uniquely powerful tool for researchers in life sciences and other industries.
Researchers and scientists from leading academic, pharmaceutical and other commercial research centers have begun deploying IBM's new Watson Discovery Advisor to rapidly analyze and test hypotheses using data in millions of scientific papers available in public databases. A new scientific research paper is published nearly every 30 seconds, which equals more than a million annually (Source: CiteSeerx). According to the National Institutes of Health, a typical researcher reads about 23 scientific papers per month, which translates to nearly 300 per year, making it humanly impossible to keep up with the ever-growing body of scientific material available.
In 2013, the top 1,000 research and development companies spent more than $600 billion annually on research alone (Source: Strategy&). Progress can be slow, taking an average of 10 to 15 years for a promising pharmaceutical treatment to progress from the initial research stage into practice (Source: Pharmaceutical Research and Manufacturers of America). Using Watson Discovery Advisor, researchers can uncover new relationships and recognize unexpected patterns among data that have the potential to significantly improve and accelerate the discovery process in research and science.
“We're entering an extraordinary age of data-driven discovery," said Mike Rhodin, senior vice president, IBM Watson Group. "Today's announcement is a natural extension of Watson's cognitive computing capability. We're empowering researchers with a powerful tool which will help increase the impact of investments organizations make in R&D, leading to significant breakthroughs."
Leading life sciences organizations are deploying Watson Discovery Advisor to advance discoveries in ongoing research projects, including Baylor College of Medicine, Johnson & Johnson and The New York Genome Center.
“On average, a scientist might read between one and five research papers on a good day,” said Dr. Olivier Lichtarge, the principal investigator and professor of molecular and human genetics, biochemistry and molecular biology at Baylor College of Medicine. “To put this in perspective with p53, there are over 70,000 papers published on this protein. Even if I’m reading five papers a day, it could take me nearly 38 years to completely understand all of the research already available today on this protein. Watson has demonstrated the potential to accelerate the rate and the quality of breakthrough discoveries. "
Discovering something new is applicable to many domains such as medicine, law, finance, etc., that all require deep insight into a large body of information and protocols. Cognitive computing will allow human experts to interact with large bodies of data and research and the knowledge and insight of many other experts in their field. For example, Watson could be used to:
IBM Watson Discovery Advisor has the potential to transform industries and professions that rely heavily on data, including law, pharmaceuticals, biotech, education, chemicals, metals, scientific research, engineering, and criminal investigations. For more information, visithttps://ibm.biz/watsondiscoveryadvisor.
IBM Power Systems serves as the infrastructure base of Watson, supporting the high volume of data needed to drive cognitive insights.
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IBM Watson: Pioneering a New Era of Computing
Three years after its victory on the TV quiz show Jeopardy!, IBM Watson has evolved to represent a new era of computing, earning recognition from Frost & Sullivan, which presented IBM Watson with the 2013 North America Award for New Product Innovation, and Gartner Inc., which cites IBM Watson in its Top 10 Strategic Technology Trends for 2014 and predicts that by 2017, 10 percent of computers will be able to learn as Watson does.
Today, Watson is no longer just the world's most famous game-playing computer. IBM has put Watson to work in various industries. In healthcare, IBM is co-developing an application with Memorial Sloan-Kettering Cancer Center, and partnering with WellPoint, the University of Texas MD Anderson Cancer Center, and the Cleveland Clinic Lerner College of Medicine. Additionally, IBM has partnered with numerous colleges and universities across the country to teach Watson capabilities and cognitive computing technology to the next generation workforce.
For more information on IBM Watson, please visit: www.ibmwatson.com
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