IBM and Big Data: Acquisitions Drive Big Blue's Strategy
Jan. 31, 2008: IBM completed its acquisition of Cognos, a Canadian company whose products range from business intelligence to financial performance and strategy management to analytics applications.
Oct. 2, 2009: IBM closed its acquisition of SPSS. The purchase of the Chicago company strengthened IBM's business analytics and optimization strategy by providing predictive analytic capabilities that can help customers predict future events and proactively act upon that insight to drive better business outcomes.
Aug. 2, 2010: IBM completed the deal for San Mateo, Calif.-based Coremetrics, a leading Web analytics firm. The acquisition brought IBM business analytics capabilities that enable organizations to gain real-time insight into consumer interactions.
Sept. 9, 2010: IBM closed its acquisition of Netezza, whose technology helps clients gain faster insights into their business information, resulting in increased performance at a lower cost of ownership. Netezza's data warehouse appliances bring analytics directly into the hands of business users within every department of an organization, including sales, marketing, product development and human resources.
Oct. 21, 2011: IBM closed its acquisition of Algorithmics. The company's technology enables IBM to offer improved business insights at banks and investment and insurance organizations to assess risk and address regulatory challenges.
Feb. 1, 2012: IBM completed its acquisition of Emptoris, which expanded Big Blue's cloud-based analytics offerings by providing supply chain intelligence, leading to better inventory management and cost efficiencies.
Feb. 15, 2012: IBM completed its acquisition of DemandTec, whose cloud-based software helps companies drive profitability through measurable pricing, promotion and assortment planning.
May 23, 2012: IBM closed the deal for Varicent Software, which provides analytics software for compensation and sales performance management.
May 29, 2012: IBM completed the acquisition of Vivisimo, which offers federated discovery and navigation software that helps organizations access and analyze big data.
Feb. 1, 2013: IBM announced it is buying the software portfolio of Star Analytics, a privately held business analytics company in Redwood City, Calif. The combination of IBM and Star Analytics software will advance IBM's business analytics initiatives by allowing organizations to gain faster access and real-time insight into specialized data sources.
Feb. 7, 2013: IBM completed its acquisition of StoredIQ. The firm's software will enable IBM to help organizations derive value from big data and respond more efficiently to litigation and regulations, dispose of information that has outlived its purpose and lower data storage costs.