This document provides an overview of IBM's Watson technology. It discusses how Watson uses natural language processing, information retrieval, machine learning and other techniques to understand questions, gather evidence from varied sources, analyze possibilities to generate candidate answers, evaluate evidence for each candidate, and determine a confident answer. It notes some of the challenges in answering open-domain questions from diverse sources due to ambiguity and lack of complete structured knowledge. The document also references Watson's victory on Jeopardy! and how its architecture was designed based on that challenge.