Fantastic news for the tech location Munich. IBM has moved its worldwide headquarters for the supercomputer Watson, and the so-called "Internet of Things", to the Munich Schwabing Highlight Towers. In the near future this will mean some 1.000 new high-tech jobs in Munich. At the opening of Watson IoT Center on Tuesday, the Bavarian Economics Minister Ilse Aigner was on site.

IBM yesterday announced the opening of its global headquarters for Watson Internet of Things (IoT), launching a series of new offerings, capabilities and ecosystem partners designed to extend the power of cognitive computing to the billions of connected devices, sensors and systems that comprise the IoT. These new offerings will be available through the IBM Watson IoT Cloud, the company’s global platform for IoT business and developers.

As part of today’s launch, the company announced that Munich, Germany will serve as the global headquarters for its new Watson IoT unit, as well as its first European Watson innovation center. The campus environment will bring together 1000 IBM developers, consultants, researchers and designers to drive deeper engagement with clients and partners, and will also serve as an innovation lab for data scientists, engineers and programmers building a new class of connected solutions at the intersection of cognitive computing and the IoT. The center will drive collaborative innovation with clients, partners and IBM researchers and data scientists to create new opportunities for growth in IoT. It represents IBM’s largest investment in Europe in more than two decades.

Munich’s Siemens Building Technologies, the market leader in safe, energy-efficient and environmentally friendly buildings and infrastructures, announced that it is teaming with IBM to bring innovation to the digitalization of buildings. Siemens is working to bring advanced analytics capabilities together with IBM’s IoT solutions to advance their Navigator platform for energy management and sustainability.