IBM CEO Ginni Rometty’s CES 2016 Keynote (Full Transcript)

Title: IBM CEO Ginni Rometty’s CES 2016 Conference Keynote – Transcript

Event: CES 2016 Conference, 4:30 PM Wednesday, January 6, 2016 in The Venetian’s Palazzo Ballroom.

Speaker (s):

Gary Shapiro – President and CEO, Consumer Technology Association

Ginni Rometty – IBM Chairman, President and CEO [Full bio]

Kevin Plank – CEO and Founder, Under Armour

Omar Ishrak – Chairman and CEO, Medtronic

Kenichi Yoshida – VP Business Development, SoftBank Robotics Corp

 

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Lady Announcer: Ladies and gentlemen, please welcome the President and CEO of the Consumer Technology Association, Gary Shapiro.

Gary Shapiro – President and CEO, Consumer Technology Association

Welcome to CES 2016. I am so excited to be on this stage this afternoon to introduce our keynote speaker. You know, for nearly half a century, CES has been mostly about cutting-edge consumer products and during most of its more than 100-year history, IBM has been the preeminent leader in the business to business IT. But that’s changing for both of us, and I am thrilled that we have IBM’s CEO Ginni Rometty here with us today to talk about this new paradigm.

In fact, the massive convergence going on around the world, thanks to Big Data and the Internet of Things, is driving two distinct trends. First, CES is no longer totally consumer product centric. It’s increasingly about technologies driven by the Internet of Things; and IBM is today leveraging its advantages with data and the Internet of Things to enter spaces it has never even been in before, appealing to totally new audiences as a result.

As Ginni has said many times, data is humankind’s next natural resource, and she’s leading a major transformation at big blue to become “the” preeminent company in what it calls the new cognitive era, driven by systems that actually learn. During her tenure — which began almost four years ago to this very day — she has made the cognitive power of one of IBM’s most iconic technologies the centerpiece of that transformation: Watson. The same system, which beat the two top human contestants on Jeopardy! in 2011 has been featured in ads with such top icons as Bob Dylan, in fact, it’s now at the center of what may be big blue’s biggest bet ever.

In fact, the same company’s technology helped land man on the moon just a generation ago has its own new moon shot today with Watson: transforming healthcare and education as we know it. And they’re not stopping there. In fact, last May, Ginni made headlines with a really bold prediction. She told an audience of IBM customers in New York that included engineers, doctors, bankers and other professionals that, “in the future, every decision that mankind makes is going to be informed by a cognitive system like Watson, and our lives will be better for it”.

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Well, with the coming cognitive era, I am thrilled to announce an important research partnership between the Consumer Technology Association Foundation and IBM. The research will focus on identifying how cognitive computing will transform our lives as we age and also transform the lives of those living with disabilities. IBM’s generous contribution of funding and resources will lead to important research into the impact of technologies like Watson.

It’s still the early days, and major transformations are extremely difficult to pull off. But as Ginni is fond of saying, there’s a reason why IBM is 105 years old. It’s because the company has a long history of making big bets in the future and of being proven right. We will hear from Ginni about IBM’s bold and optimistic vision for the coming new era powered by Watson and cognitive business. We’ll also see a few demonstrations of how it’s being used today and hear from some IBM customers discussing cognitive, IoT and other key topics.

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