IBM announced a major strategy to deliver business analytics programs to universities around the world.
IBM announced that it is
working with universities around the world to bring advanced analytics training
into the classroom.
In a Dec. 21 announcement,
IBM said it is expanding its academic initiatives for business analytics with
new programs in China, India, Ireland and Scotland, helping students keep pace
with the competitive job market by gaining skills in this fast-growing field of
technology.
IBM said each day, people
create the equivalent of 2.5 quintillion bytes of data from sensors, mobile
devices, online transactions and social networks-so much that 90 percent of the
world's data has been generated in the past two years. This amounts to more
data than organizations can effectively use without applying analytics, IBM
said. Thus, the new IBM programs are providing students and faculty
members with access to the latest software capabilities and thinking on how
advanced analytics can be applied to tackle complex business and societal
challenges.
According to the 2010 IBM
Institute for Business Value and
MIT
Sloan Management Review study of
nearly 3,000 executives worldwide, the biggest challenge is the lack of
understanding in how to use analytics to gain insights that can improve
business outcomes. In response to market demand, universities are incorporating
analytics curricula and courseware into a variety of degree programs to educate
college students in this growing field.
In India, IBM is working
with faculty members from 500 universities to help more than 30,000 students
develop skills in predictive analytics. As part of the program, IBM will
conduct a series of training programs with business school faculty
concentrating on predictive and business analytics, in 15 major cities
throughout India. The faculty members will complete a certification process in
analytics at the end of the program, IBM said.
Once certified, they will
begin to teach students about how analytics can be applied to their topic of
study. The learning will involve access to predictive analytics technology and
will focus on how to act on the results the analytics technology
uncovers.
"I have been using IBM
predictive analytics technology in a number of programs at Indian Institute of
Management Calcutta," Sahadeb Sarkar, a professor in the operations management
group at the Indian Institute of Management Calcutta (IIM), said in a
statement. "I hope this initiative will help teachers in universities to learn
and include analytics in existing courses and design new curriculum that will
helps students gain a top-notch education to meet the demands of today's
businesses and government organizations."
And the University of the
West of Scotland (UWS) is introducing several new courses to its School of
Computing curriculum, including data mining, business intelligence and
knowledge management, IBM said. Plans to expand the analytics course offerings
to non-IT and non-finance students are underway.
"Beyond teaching business
and IT skills, we are preparing students for future job opportunities with new
analytics courses," Malcolm Crowe, a professor at the University of the West of
Scotland, said in a statement. "UWS is adding new courses in direct response to
the recommendations of regional employers. They have specifically advised the
School of Computing that important computing skills, such as business analytics,
are in demand and will help graduates secure jobs."
Xi'an Jiao Tong University
in China, in cooperation with IBM's China Development Lab in Xi'an, has developed
business analytics-oriented curriculum and project training materials, and
planned a series of technical salons and speeches focusing on analytics, IBM
said. These activities cover Cognos, SPSS and many best practices and tips
integrated and tailored by the China Development Lab, and this analytics
curriculum is planned to be replicated at six other Chinese universities in the
future, Big Blue said.
Meanwhile, at the University
of Ulster, Northern Ireland's largest university, students are using analytics
software in a variety of application areas allowing them to collect hidden data
and applying knowledge that seemed impossible to find before that can now be
uncovered.
These universities join
schools around the world, including
Northwestern
University,
Yale School of
Management,
Fordham
University,
DePaul
University,
University of
Southern California and
University of
Ottawa Telfer School of Management, that are working with IBM to develop
and implement undergraduate and graduate curriculum and training on business
analytics.
Some of the early analytics
projects underway at the university level were inspired by IBM's Watson
technology. IBM officials said the development of Watson sparked the interest of
many students in math and computer science. IBM has
teamed up with
universities to work on the sophisticated technology associated with
Watson's deep question-and-answer capabilities, giving more than 10,000
students exposure to analytics technology.
"Through IBM's Academic
Initiative, universities are adding analytics to their course offerings,
establishing new degree programs, and now we are seeing an acceleration in
global demand for training in analytics," said Jim Corgel, general manager of
IBM's Academic Initiative, in a statement. "By combining IBM's leadership in
analytics with its global reach, we will begin to bridge the gap to better
equip students for new job opportunities."
Through its Academic
Initiative, IBM is making its software, courseware and curricula available to
nearly 6,000 universities and more than 30,000 faculty to advance technology
skills.