IBM Security launched Watson for cybersecurity

United States: IBM, an American multinational technology and consulting corporation, launched Watson for cybersecurity. It is a cloud based version of IBM cognitive technology, which is trained in cyber security languages.

In addition, eight top leading universities such as California State Polytechnic University, Pennsylvania State University, Massachusetts Institute of Technology, etc. has helped the IBM in the training of Watson on the language of cybersecurity.

Watson is designed to provide visions into emerging threats along with the recommendations on how to stop or combat with these threats. Further, Watson has the capabilities for finding the connections between related data points in different documents as well as it has the ability to understand the meaning and context of human language.

TechSci Research analyses that with the growing cyberattacks across the world, the new advanced cybersecurity products are required to mitigate these organized cyberattacks. IBM expands its security portfolio by adding the Watson which would help the company to offer advance cybersecurity solutions to its customers. As well, it is expected that this advance IT security solution would enhance the market share of the company in cybersecurity market.

TechSci Research, a global market research and consulting firm closely analyse the development in the cyber security market and has recently published a report, “Global Cyber Security Market Forecast & Opportunities, 2020”, global cyber security market is projected to surpass USD123 billion by 2020. Growing inclination towards cloud storage, introduction of public clouds and growing emphasis on digitization are propelling the need for cyber security across the globe. North America and Europe have been the leading revenue contributors, capturing major shares in the market in 2014. Moreover, Asia-Pacific is rapidly emerging as a potential market for cyber security solution providers, driven by emerging economies such as China, India and South-East Asian countries, wherein, rising cyber espionage by foreign countries is inducing the need for safeguarding cyber space.