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Private equity investment gives Watson Health data a new lease of life

Surgeons using AI
Photo: Getty Images

Francisco Partners has snapped up assets as IBM seeks to jump out of healthcare and simplify its business strategy under CEO Arvind Krishna. Will he come to regret the deal if the new owners resuscitate Watson Health’s fortunes?

Then-IBM CEO Ginni Rometty was a feature interview in the July-August 2017 edition of Harvard Business Review. She was asked to fast-forward a few years and explain what Watson – the famous Jeopardy!-winning supercomputer, named after the organization’s founder and first CEO, Thomas J. Watson – will be