Business Collaboration
One inspiring story about business collaborations in the world of advertising and technology is the partnership between IBM Watson and The Weather Company. In 2015, The Weather Company’s digital assets were acquired by IBM, which included its popular mobile app and website, as well as its vast trove of weather data. IBM then leveraged its artificial intelligence platform, Watson, to analyze the weather data and provide personalized insights to users.
The collaboration between IBM and The Weather Company resulted in a powerful marketing tool for advertisers. By using Watson’s AI capabilities, advertisers could tailor their ads to users based on their location, weather conditions, and other relevant factors. For example, a coffee company could target ads for hot drinks to users in colder regions, or a sunscreen brand could promote its products to users in areas with high UV indexes.
This collaboration between two companies from different industries highlights the benefits of cooperation over competition. By combining their strengths and resources, IBM and The Weather Company were able to create a product that benefited both of them and their customers.
The success of this partnership has inspired other companies in the advertising and technology industries to collaborate and create innovative solutions together.