IBM (NYSE: IBM) unveiled new technology to reduce power outages by helping energy companies predict where trees and other vegetation may threaten power lines. IBM worked with Oncor, the largest utility company in Texas and the fifth largest in the U.S., to develop a solution tailored for the energy and utility industry, to help improve operations and provide reliable electric service for millions of customers across the state.
The Weather Company Vegetation Management - Predict is built on IBM PAIRS Geoscope, a groundbreaking technology developed by IBM Research. The system quickly processes massive, complex geospatial and time-based datasets collected by satellites, drones, aerial flights, millions of IoT sensors and weather models.
Governor Andrew M. Cuomo announced that IBM (NYSE: IBM), a long-time anchor tenant at the SUNY Polytechnic Institute campus in Albany, plans to invest over $2 billion to grow its high-tech footprint at the campus and throughout New York State. This includes the establishment of an "AI Hardware Center" at SUNY Poly for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation. Once established, the AI Hardware Center will be the nucleus of a new ecosystem of research and commercial partners, and further solidify the Capital Region's position as "Tech Valley" - a global hub for innovative research and development.