Cloud News

IBM May Be Selling IBM Watson Health to Focus on Cloud Computing

Reports are coming out saying that the tech company is looking to sell IBM Watson Health in order to focus on cloud computing.

Cloud Computing

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By Samantha McGrail

- IBM is looking at a potential sale of its IBM Watson Health Business to streamline the company and become more competitive in cloud computing, according to a national news report. 

The unit leverages artificial intelligence to help hospitals, insurers, and drug makers manage their data. Overall, the unit generated annual revenue of nearly $1.5 billion, but it is currently not profitable, The Wall Street Journal stated in its report breaking the news. 

The unit’s brands include Merge Healthcare, which analyzes mammograms and MRIs, Phytel, which assists with patient communications, and Truven Health Analytics, which analyzes complex healthcare data.