Central Bank of India Picks IBM’s Analytics Solution

Technology giant IBM said Central Bank of India is leveraging its analytics solution to transform its financial management processes.

The deal size was, however, not disclosed. This deal includes activities ranging from budgeting to forecasting to liquidity management, IBM said in a statement.

As a result of IBM’s solution for corporate performance management, the Bank is now able to gain better insight into branch and regional office performance, allowing for further flexibility and quicker shifts in strategy to drive improved results while also maintaining regulatory compliance, it added.

Read the complete article on Times of India.

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Related:

What is Big Data?

Smarter Analytics Transforms Big Data into Big Results

Mobile Business Isn’t Your Devices, It’s What’s BETWEEN Them

Mobile business is more than devices; it’s what you can do with the data between them.

In other words, the mobile world is open for business. Learn more.

Related:

IBM Mobile First

See it in action

IBM Offerings

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- Posted by Regan Kelly

IBM Working with U.S. Congress to Drive Innovation

Christopher Padilla, Vice President, Governmental Programs, IBM

- by Christopher Padilla, at Building a Smarter Planet

This week, nearly 200 of IBM’s senior leaders representing all 50 states are on Capitol Hill to urge action on policies that will drive innovation and economic competitiveness. With more than 300 congressional delegation meetings, our executives are addressing a range of issues critical to U.S. business.

As public-private collaboration becomes increasingly critical to overcoming challenges that no single sector can handle alone, we look forward to working with U.S. congressional leaders on these important issues.

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- Posted by Regan Kelly

 

Infographic: Big Data Is Growing, Moving, and Making the World Go Around

New Study – Marketing Science: From Descriptive to Prescriptive

The marketing profession has long relied on data to make decisions. But as the terabytes grow, leading marketers are turning to science to radically improve their results.

IBM has seen marketing research move from a largely descriptive practice (here is what happened) to more predictive approaches (here is what will happen). The next phase of development will take more scientific approaches to create marketing scientists who can also prescribe best actions (here is what you should do).

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Marketing Science: From descriptive to prescriptive

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The IBM Center for Applied Insights (CAI) has found that those at the forefront are architecting data for easier and broader analysis, using scientific approaches to testing ideas and tactics. Maybe most importantly, they are influencing the business to make research-based decisions. A new study from the IBM Center for Applied Insights explores how marketers are using systematic observation, testing and measurement to dissect broad behavioral patterns, drill down from the aggregate to the individual and produce new insights.

Download the report (529 KB)

More:

Learn more about marketing analytics

A Smarter Planet blog

Transforming the role of CMO

IBM Center for Applied Insights

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Greater IBM, what do you think of what this study reveals? What’s your reaction? Let us know in the Leave a Reply box!

- Posted by Regan Kelly

The Replay: Watch Ginni Rometty’s Historic Speech to the Council on Foreign Relations

In case you missed IBM CEO Ginni Rometty‘s historic speech last week before the Council on Foreign Relations, there’s good news: the replay is now available for you to watch anytime.

Ginni Rometty

In these early days of the 21^st century, Big Data, analytics, cloud, mobile and social technologies are transforming our world.  This new era of computing provides the instrumentation, interconnection and intelligence that make it possible to build a smarter planet.

But, in order to do so, countries, cities, corporations and individuals need to rethink how they go about achieving their goals. Watch the speech, followed by a Q&A session with the audience.

Join the conversation by using the hashtags #IBM and #CFRlive.

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Greater IBMers, let us know your thoughts in the Leave a Reply field below.

– Posted by Regan Kelly, Editor/Community Manager, The Greater IBM Connection

Wrapping Up Feb: Big Data and Smarter Analytics

Our theme for February was ‘Analytics’, and what better way to wrap up the month than with the IBM Smarter Analytics Leadership Summit held in New York City on February 21.  Here’s a replay of one of the two keynote addresses:

To learn more about how leaders are using big data and analytics to improve their business and download presentation materials from each of the five leadership tracks, check out IBM Analytics.

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–Posted by Julie Yamamoto, Program Manager, The Greater IBM Connection

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The February 2013 theme for The Greater IBM Connection was ”analytics”.

The Big Bang, Big Data, and IBM: Supercomputing R&D for Radio Astronomy

This circuit board is covered with antennas geared to listen to radio signals of a frequency between about 450MHz and 1.5GHz. The Square Kilometer Array project aims to cover a square kilometer across the southern hemisphere of Earth with such antennas. (Credit: Stephen Shankland/CNET)

(from cnet.com)

HANOVER, Germany — IBM is working to advance the supercomputing state of the art in memory, optical links, and processing with research stemming from a massive radio telescope project.

Called the Square Kilometer Array (SKA), the telescope is to be built from 2016 to 2024 in southern Africa and Australia. Before that, IBM is working to develop the necessary computing technology through a five-year partnership with the Netherlands Institute for Radio Astronomy (Astron).  The idea is to create computing systems that can handle the tremendous quantity of data from the radio telescope, said Ronald Luijten of IBM Research in Zurich. It will produce 14 exabytes of data each day — about 14 million times as much as an ordinary PC’s hard drive can hold. Read more / see the photo gallery.

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– Posted by Regan Kelly, Editor/Community Manager, The Greater IBM Connection

New Podcast: What Can You Do with Big Data?

Today, the conversations about big data are shifting, from “What is big data?” to “What can I do with big data?” Five key use cases have emerged that hold high potential value for many organizations.

Eric Sall, vice president of product marketing at IBM, describes those high-value uses for big data in this podcast, now available on demand.

Analytics: New Power Systems from IBM Challenge HP, Oracle and Dell For SMB Apps

- Forbes.com, Tom Groenfeldt

As Dell and HP struggle to figure out their businesses, IBM is moving into their territory with Power Systems starting at $5,947 at the low end of its newly launched Power line of computers. “With these new systems, IBM is forging an aggressive expanding of its Power and Storage Systems business into SMB and growth markets,” said Rod Atkins, senior vice president of IBM Systems and Technology Group.

“Big data and cloud systems that were once only affordable to large enterprises are now available to the masses.”

Colin Parris, VP, IBM Power Systems (photo, IBM Systems Magazine)

The systems have more power, greater stability and manageability because they’re are integrated from design through production, said Colin Parris, general manager, IBM Power Systems. Read the rest of the story.