During IBM’s Q3 earnings call a few weeks ago, IBM CFO Mark Loughridge highlighted business analytics as a sector where Big Blue is investing significant amounts of cash.
IBM is unveiling a new internal analytics product that the company is touting as the “largest private cloud computing environment for business analytics in the world,” which launches internally with more than a petabyte of information.
Along with this internal product, IBM will launch a companion product for clients to build upon this cloud-based architecture, called IBM Smart Analytics Cloud.
Filed under: Data, Analytics, Datarati | Tags: Analytics, Optimisation, IBM
The emergence of new smarter systems which are interconnected and streaming real time information are presenting business and governments with a unique opportunity to transform decision making.
New opportunities to use this data to predict business outcomes, optimise old systems and spot trends before they happen are actually a reality.
Watch Video: http://www-03.ibm.com/press/us/en/presskit/27163.wss
Filed under: Data, Analytics, Segmentation, Predicitive Modelling, Business Intelligence, Datarati | Tags: IBM, SPSS
IBM is buying analytics software and solutions provider SPSS in an all cash transaction at a price of $50/share – a 42 percent premium to Monday’s closing price of $35.09 on Nasdaq – resulting in a total cash consideration in the merger of approximately $1.2 billion.
The acquisition is subject to SPSS shareholder approval, regulatory clearances and other closing conditions, and is expected to close later in the second half of 2009.
Filed under: Data, Analytics, Business Intelligence, Statistics, Datarati | Tags: IBM, Analytics Solutions Centers
IBM recently announced a significant expansion of its capabilities around business analytics with plans to open a network of Analytics Solution Centers around the world, beginning with five in the second quarter of 2009.
These initial centers will be located in Tokyo, London, New York City, Beijing and Washington, D.C.
As part of this initiative, IBM will retrain or hire as many as 4,000 new analytics consultants and professionals.