Credit: Getty Images IBM will invest US$100 million over the next two years in 10 potential new business opportunities after conducting a massive trawl for ideas among its staff, partners, customers and academic institutions.Sam Palmisano, IBM’s chairman and chief executive officer, made the commitment Tuesday during a trip to China.IBM conducted InnovationJam, two 72-hour online brainstorming sessions in July and September involving more than 150,000 people drawn from 104 countries who came up with 46,000-plus ideas after checking out IBM’s high-level research projects.IBM whittled the thousands of ideas down to a top 10 that the vendor plans to work on. One idea suggests setting up health-care systems based on smart cards or small personal devices to simplify payment for care, insurance claims processing and updating medical records. Another idea looks to establish intelligent power grids capable of real-time self-monitoring and analysis to improve system reliability and make it simpler to manage utility networks.Other ideas include more work on real-time translation services, the creation of a 3-D Internet to take advantage of what’s already been learned in today’s virtual worlds and gaming environments, and a way to provide better information about mass transit systems to both operators and the public. One suggestion IBM has taken to heart is to significantly accelerate its “green” activities. The vendor is launching a business unit to apply its research skills to issues such as water filtration via nanotechnology and how to build more efficient systems based on solar power.IBM plans to work on the top-10 ideas in collaboration with academia and its customers.The vendor first embarked upon regular employee brainstorming sessions back in 2001. More recently, IBM has set aside one piece of its internal staff portal as ThinkPlace, an ideas forum.While in China, Palmisano also launched an initiative for IBM to work with local ministries and universities to develop more IT services skills.Fifty Chinese universities will begin offering a new discipline within the next few years that IBM dubs “services science” to train students with the skills needed in services operations, notably around the reuse of assets. China’s Ministry of Health will work with IBM over a four-year period to set up a common IT system based on service-oriented architecture to enable more collaboration between regional health-care providers.In recent years, IBM has focused on emerging markets, particularly on five nations it dubs the BRICK countries: Brazil, Russia, India, China and South Korea. Last month, the vendor moved its global procurement headquarters from Somers, N.Y., to Shenzhen, China. The move was largely symbolic since it involved relocating only the head of the business unit, but was yet another signal of IBM’s desire to sharpen its focus on China.-China Martens, IDG News Service (Boston Bureau) Related content brandpost Help wanted: IT tools and talent for building a multicloud estate Like all trade workers, IT leaders need the right tools and skills to succeed in a multicloud world characterized by application and data sprawl. By Chad Dunn, Vice President, Product Management, Dell APEX Jun 07, 2023 5 mins Multi Cloud brandpost A guide to hybrid cloud deployment for innovation without disruption How do organizations balance their on-premises preferences and requisites with the crucial need to innovate? By Ahmed Helmy, Global Vice President, Avaya Experience Platform Product Management Jun 07, 2023 3 mins Hybrid Cloud brandpost Bringing AI to your organization? Better bring the right database Why Apache Cassandra offers the scalability, reliability, and speed required for building artificial intelligence applications. By Patrick McFadin Jun 07, 2023 7 mins Machine Learning Artificial Intelligence feature 7 ways to spot hidden IT talent within your ranks Your organization has hidden IT superstars in the making — both within and outside IT. Here’s how to find and elevate them for maximum impact. By John Edwards Jun 07, 2023 8 mins Staff Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe