IBM President and CEO, Ginni Rometty ranks #1 shares her views on the year ahead with The Economist for The World in 2014. Citing a historic convergence of major technology shifts, where the world has become pervasively interconnected, she notes that there are more than a trillion interconnected and intelligent objects and organisms – including a billion transistors for every person on the planet. Speaking of Big Data, she also mentions that, by one estimate, there will be 5,200 gigabytes of data for every human on the planet by 2020. This will begin to transform the enterprise and give rise to a new model of the firm called ‘The Smarter Enterprise’. There are three ways the Smarter Enterprise will differ from the traditional model:
Use Predictive Analytics to make decisions
Infuse intelligence into products and how they are made
Deliver value to individuals rather than demographic segments
How often have you met a colleague to discuss something related to work over a cup of coffee? There’s something about a coffee shop that seems conducive to business, networking, and understanding complex subjects – it seems more personal and approachable. In this video series, IBM Midsize Business shares some coffee house conversations on business topics pertinent to mid-size businesses, such as cloud, social business, mobile, and analytics. Learn more at Midsize Insider: Coffee, Conversations, and Commerce.
About Midsize Insider
Midsize Insider is a valuable repository of expert content tailored for small-to-midsized business owners and IT decision makers. Expert insights and perspectives in the Midsize Insider are gleaned from actionable business experiences and will assist readers in creating efficiencies, cutting costs and delivering results.
For two weeks in August and September every year, the United States Tennis Association welcomes hundreds of thousands of spectators to New York City’s Flushing Meadows for the U.S. Open tennis tournament.
Millions more around the world visit USOpen.org to follow the action, watching live-streamed tennis matches and getting scores, stats, and news thanks to IBM technologies.
Today, those technologies are transforming the fan experience at the U.S. Open. For more than 20 years, IBM and the United States Tennis Association have collaborated to connect fans to every serve, volley and point throughout the event. The immersive and interactive digital US Open experience is enabled by a combination of IBM analytics, cloud computing, mobile and social technologies that go far beyond basic scores and stats to provide real-time insights into the action on the courts.
IBM and the Wroclaw University Library in Poland have announced a national scientific project to preserve and digitize nearly 800,000 pages of distinctive European manuscripts, books, and maps dating back to the Middle Ages. The materials have rarely been accessible to the public – until now.
IBM’s solution is helping the Wroclaw University Library Poland digitize, manage and provide fast online access to rare manuscripts, books and maps, many dating back to the Middle Ages, with a total capacity of 300 terabytes. Shown here is one of Europe’s six surviving copies of this particular medieval illuminated encyclopedia, the Thomas Cantimpratensis “Liber de nature rerum” from the second half of the fifteenth century. (Photo courtesy of Wroclaw University Library, Poland)
The project creates the largest digital archive of medieval manuscripts and ancient geographical atlases in Poland. It uses a solution consisting of IBM System x servers and Storage disk and SAN solutions to address the Big Data challenge of managing and providing fast search and retrieval services for up to 300 terabytes of information.
“The Wroclaw University Library’s mission is to protect, preserve and ensure broader access to Polish cultural heritage,” said Adam Zurek, Head of the Department of Scientific Documentation of Cultural Heritage, Wroclaw University Library. “We selected IBM to help us identify, choose and implement a solution in line with our goals of digitizing the library’s documents and making them available to the broader public online.Read the rest of the story.
Ever since the commercialization of the internet, and the advent of social media, customer-centricity has become a norm across industries. For banks in particular, this extends new customer touch points, implying the opportunity to relook at segmentation, channels and pricing. For example, banks can adopt a needs-based and behavior-based segmentation strategy by keeping a tab on client interactions over its channels. It is easier said than done. Banks will have to first understand how people bank, how often they bank and what products and services they seek when banking. Thanks to the power of analytics, it is no more a challenge for banks. Take the example of Central Bank of India. It recently announced the adoption of analytics solution in order to uncover new sources of customer value. Analytics, according to the bank’s spokesperson provides great levers for it to identify cross-sell and up-sell opportunities and increase customer wallet share.
Big Data is a little like the solar system, says James Kobielus, Senior Program Director, Big Data Evangelist, IBM. It’s a brilliant system of information and analysis that emerges from the inchoate mass of gas, dust, rocks and crystals known as “data.” And to continue the analogy, cloud computing is the galaxy in which the stars, rocks, and particles exist and interact.
That makes data scientists the astronomers, exploring the spinning, interconnected system, much of which consists of scattered matter that we call “unstructured.” But what exactly is a data scientist? Simply put, the data scientist is among the most important developer in Big Data.
What do data scientists do? What does it take? And how can you unlock the full value of Big Data for your business? Read more to find out.
IBM has announced that Mother Teresa Women’s University is using IBM analytics solution to promote academic success by training its management students on predictive analysis and reporting solutions.
The use of analytics – or Big Data – has changed the realm of technology. Big Data today is requiring new skills and knowledge and new kinds of decision-making in every role and every profession.
The three-month long course, designed by IBM for the university, enables educators to teach effectively, helps management students gain critical analytical skills, and supports more accurate and insightful institutional research and decision-making.
IBM SPSS is a comprehensive, easy-to-use set of data and predictive analytics tools for users, analysts and programmers. The software offers flexible, affordable options colleges and universities can us to easily integrate statistical analysis, data and text mining and survey research instruction into the classroom. Read the complete article on Indiainfoline.com.
Ireland’s capital, Dublin, is one of the oldest in Europe. Because its city council wants to maintain the city’s historic fabric, city policy today prevents new roads from being built in some of the most historic areas. But with traffic congestion worsening, the city sought an efficient solution to its traffic woes. To that end, it’s partnered with IBM to collect and analyze data to help tackle its congestion, all part of a push towards making Dublin a Smarter City.
Ireland’s capital: an IBM Smarter City testbed
Today, journey information is released and updated by Dublin city council every minute, enabling residents to go online and find the quickest route to their destination. In addition, research is being conducted in Ireland on similar problems that might be tackled by joining up existing databases. The work is part of IBM’s Smarter Planet initiative, part of which emphasizes applying analytics to solve pressing problems. Read more in The Guardian.
- Posted by Regan Kelly. Part of our June 2013 theme on the environment and sustainability.
Need a statistical sherpa to help you navigate the mountains of Big Data? Though predictive analytics can be a daunting discipline, companies who have adopted Predictive Analytics can see higher profitability than their competitors, says George Makovic, Senior Development Manager, IBM Business Analytics.
And coming up: don’t miss the IBM Business Analytics Virtual Launch event June 11 and see how IBM’s new analytics solution will make big data more accessible and serve as a catalyst to propagate the use of advanced analytics throughout the enterprise.