Ibm Watson Case Executive Summary

This report examines the business operations of Ibm Watson Company. It is currently among the biggest food-chains around the world. Its business operations and items illustrate its vision of contributing its part to the development of a healthy world. It supplies a range of products to its consumers consisting of pet food, beverages, confectionary items, treats, dairy products, and food for infants. Utilizing different techniques, it satisfies the needs of its different market sections. The food market is likewise expected to broaden in the coming years as the population of the world is expected to increase by one-third. This produces many opportunities for Ibm Watson to more broaden its business. Besides this, the use of innovation is also increasing in food processing market which further produce chances for Ibm Watson. Beverages contribute the greatest to the overall revenue of the business, following which, are the dairy products. Ibm Watson has a competitive benefit over its consumer in the department of research and advancement, as it is spending one of the most in this department in the food market. Its product packaging likewise offers it an edge over its customers. Its marketing goals include becoming the biggest manufacturer of dairy products, development in the emerging markets, advance the use of innovation and development in the natural food market. The business plans to expand awareness among its clients and increase its client base from thirty-one percent to half. The threat of brand-new entrants and substitutes is high, Ibm Watson handles to stay among the leading and largest food chains of the world due to the fact that of its strategic preparation and effective use of its Research and Advancement department.