IBM Unveils Breakthrough Software and New Services to Exploit Big Data
Wednesday, June 1, 2011
ARMONK, N.Y., - 20 May 2011: As companies seek to gain real-time insight from diverse types of data, IBM (NYSE: IBM) today unveiled new software and services to help clients more effectively gain competitive insight, optimize infrastructure and better manage resources to address Internet-scale data. For the first time, organizations can integrate and analyze tens-of-petabytes of data in its native format and gain critical intelligence in sub-second response times.
IBM also announced a $100 million investment for continued research on technologies and services that will enable clients to manage and exploit data as it continues to grow in diversity, speed and volume. The initiative will focus on research to drive the future of massive scale analytics, through advancing software, systems and services capabilities.
The news comes on the heels of the 2011 IBM Global CIO Study where 83 percent of 3,000 CIOs surveyed said applying analytics and business intelligence to their IT operations is the most important element of their strategic growth plans over the next three to five years.
Today's news further enables Smarter Computing innovations realized by designing systems that incorporate Big Data for better decision making, and optimized systems tuned to the task and managed in a cloud.
According to recent IT industry analyst reports, enterprise data growth over the next five years is estimated to increase by more than 650 percent. Eighty percent of this data is expected to be unstructured.
The new analytics capabilities pioneered by IBM Research will enable chief information officers (CIOs) to construct specific, fact-based financial and business models for their IT operations. Traditionally, CIOs have had to make decisions about their IT operations without the benefit of tools that can help interpret and model data.