IBM Watsonx to Drive AI Adoption in Defense Sector: Stock to Gain?

International Business Machines Corporation IBM recently announced that it has formed a strategic collaboration with a prominent defense intelligence enterprise, Janes. The partnership will work toward augmenting the decision-making process in defense operations with trusted AI applications.Janes boasts a comprehensive collection of open-source defense and security intelligence data. IBM plans to integrate Janes’ extensive dataset with IBM watsonx AI and data platform, utilizing the IBM Granite model. IBM Granite offers open, reliable and scalable AI models designed for a wide range of business requirements. By combining generative AI capabilities with an efficient data retrieval system, this integration will offer AI-assisted scenario modeling and retrieval augmented data analysis that helps in mission planning. It also generates detailed reports to assist military and intelligence analysts. These capabilities provide operational decision support and bolster situation awareness in defense operations.Defense entities will have access to a suite of responsible AI solutions through IBM watsonx including watsonx.governance, which facilitates AI adoption in a safe, secure manner. It effectively manages risk associated with AI implementation and ensures compliance.Will This Collaboration Drive IBM’s Share Performance?Despite a surge in AI integration across several industries, defense organizations worldwide are yet to fully capitalize on the AI potential. The reluctance comes from some major issues such as lack of transparency, accuracy and biases in data sources used in AI models, fragmented or incomplete information and the complexity of AI systems. Evolving Regulatory criteria that necessitate a reliable governance framework is also an issue.Through the recent venture with Janes, IBM is aiming to overcome these barriers. By creating fair, explainable, easily interpretable, transparent and robust AI systems, the company aims to speed up information processing from multiple sources, boost operational readiness and augment national security with greater governance. The amalgamation of AI with modern defense strategies will offer commanders a real-time decision-making advantage. It will also facilitate better cooperation across different allies and agencies.The use of AI in defense applications and modern warfare strategies is expected to rise at a substantial pace in the upcoming years. IBM’s recent collaboration with Janes will position it to capitalize on the emerging market trend. This bodes well for long-term growth.IBM is betting big on the Watsonx platform, which is likely to be the core technology platform for its AI capabilities. Watsonx delivers the value of foundational models to the enterprise, enabling them to be more productive. This enterprise-ready AI and data platform comprises three products to help organizations accelerate and scale AI, the watsonx.ai studio for new foundation models, generative AI and machine learning; the watsonx.data fit-for-purpose data store, built on an open lake house architecture; and the watsonx.governance toolkit to help enable AI workflows to be built with responsibility and transparency.IBM Stock’s Price MovementShares of IBM have gained 45.8% in the past year compared with the industry’s 23.8% growth.Image Source: Zacks Investment ResearchIBM’s Zacks Rank and Key PicksIBM currently carries a Zacks Rank #3 (Hold).Workday Inc. WDAY carries a Zacks Rank of 2 (Buy) at present. In the last reported quarter, it delivered an earnings surprise of 9.88%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system, making it easier for organizations to provide analytical insights and decision support.InterDigital IDCC sports a Zacks Rank of 1 at present. In the last reported quarter, it delivered an earnings surprise of 114.47%.It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions used in digital cellular, wireless 3G, 4G and IEEE 802-related products and networks.Plexus Corp. PLXS flaunts a Zacks Rank of 1 at present. It is a leading electronic contract manufacturing services provider to original equipment manufacturers in a wide range of industries. In the last reported quarter, PLXS delivered an earnings surprise of 20.92%.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. 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