Cloud Computing: IBM Predictive Analytics: How It Helps Tame Big Data

By Darryl K. Taft  |  Posted 2012-04-15 Print this article Print
Big Data: The New Natural Resource

Big Data: The New Natural Resource

Big data is the digital convergence of structured data found inside databases and unstructured data flowing from new sources like social networks, mobile device sensors, radio-frequency identification (RFID), smart meters and financial systems.
IBM recently announced new consulting services and software that take the power of predictive analytics to new levels of impact for the highest-priority issues of corporate decision makers–those in the C-suite. The new analytic offerings address the emerging opportunities of big data to manage financial operations, decrease fraud and nurture next-generation customer relationships. Based on experiences drawn from more than 20,000 analytics engagements, the new solutions combine innovations developed by IBM Research with new predictive technologies from dozens of companies Big Blue has acquired. IBM hopes to significantly broaden the group of clients—specifically C-suite leaders—who can adopt analytics, extending IBM's leadership position in the market for business analytics. IDC estimates enterprises will invest more than $120 billion by 2015 to capture the business impact of analytics, across hardware, software and services. "These new capabilities target the agendas of global business leaders operating in a world of accelerating complexity, unpredictability and massively available information," said Bridget van Kralingen, senior vice president, IBM Global Business Services. "By integrating analytics into business processes and converting new insights into action, IBM is helping organizations transform big data from a threat into an opportunity, one that will be their most valuable natural resource." Here, eWEEK looks at how IBM's predictive analytics is helping to make sense of the world of big data.
Darryl K. Taft covers the development tools and developer-related issues beat from his office in Baltimore. He has more than 10 years of experience in the business and is always looking for the next scoop. Taft is a member of the Association for Computing Machinery (ACM) and was named 'one of the most active middleware reporters in the world' by The Middleware Co. He also has his own card in the 'Who's Who in Enterprise Java' deck.

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