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IBM introduces Smart Analytics System
03 Aug '09
5 min read
"This has the potential to revolutionize the way we deliver healthcare," said Shirley Lady, Vice President, Business Informatics/BHI for Blue Cross Blue Shield Association. "Analytics is giving us faster access to the type of information we didn't have before." For example: analytics has made it much easier and faster to survey large populations and then quickly analyze the prevalence of a chronic diseases, as well as treatment patterns.
Headquartered in Little Rock, AR, Dillard's Inc. is a fashion apparel and home furnishings retailer with more than 300 stores. Analytics plays a key role in the company's strategy to combat the tough economic climate. Using analytics, Dillard's is able to obtain valuable insights into inventory management, vendor relationship management and customer spending patterns, which has resulted in increased efficiencies for the company.
Rooms to Go, a furniture retailer based in Seffner, FL, is also using analytics to also detect buying patterns of customers, such as which furniture pieces and categories are the best sellers, by state and customer type. With these insights, Rooms To Go is able to target repeat customers more effectively by predicting which products consumers prefer and would likely buy next.
Sterling Savings Bank, headquartered in Spokane, Wash., serves more than 25,000 businesses and 175,000 consumers in five states. As a leading community bank in the Pacific Northwest and the largest commercial bank in the state of Washington, Sterling uses business analytics to better understand and serve its clients - providing a better banking experience by anticipating their needs at different stages of their lives.
Analytics technology holds tremendous promise for companies of all sizes to make more intelligent decisions and gain a competitive advantage. However, until now, acquiring, configuring and fine-tuning an analytics solution to solve specific problems and uncover breakthrough insights has required not only specific technical skills, but experts in applying analytics software for specific vertical industry applications. This has put analytics out of reach for many companies. With the new Smart Analytics System, IBM is responding to this need by not only providing its technical expertise, but also by delivering a comprehensive system that offers a streamlined assessment and the consulting expertise necessary to bring the power of analytics to clients quickly, at an affordable price.
With this announcement, IBM is expanding its portfolio to meet the needs of the high-growth analytics market. Earlier this year, IBM established Business Analytics and Optimization Services, an organization of more than 4,000 consultants teamed with IBM Research's world renowned laboratories and its 200 mathematicians and advanced analytics experts. IBM is also establishing a network of Analytics Solution Centers around the world to help clients solve their most complex challenges using analytics.
IBM also plans to extend the strengths of the System z platform to analytic warehousing workloads.
Headquartered in Little Rock, AR, Dillard's Inc. is a fashion apparel and home furnishings retailer with more than 300 stores. Analytics plays a key role in the company's strategy to combat the tough economic climate. Using analytics, Dillard's is able to obtain valuable insights into inventory management, vendor relationship management and customer spending patterns, which has resulted in increased efficiencies for the company.
Rooms to Go, a furniture retailer based in Seffner, FL, is also using analytics to also detect buying patterns of customers, such as which furniture pieces and categories are the best sellers, by state and customer type. With these insights, Rooms To Go is able to target repeat customers more effectively by predicting which products consumers prefer and would likely buy next.
Sterling Savings Bank, headquartered in Spokane, Wash., serves more than 25,000 businesses and 175,000 consumers in five states. As a leading community bank in the Pacific Northwest and the largest commercial bank in the state of Washington, Sterling uses business analytics to better understand and serve its clients - providing a better banking experience by anticipating their needs at different stages of their lives.
Analytics technology holds tremendous promise for companies of all sizes to make more intelligent decisions and gain a competitive advantage. However, until now, acquiring, configuring and fine-tuning an analytics solution to solve specific problems and uncover breakthrough insights has required not only specific technical skills, but experts in applying analytics software for specific vertical industry applications. This has put analytics out of reach for many companies. With the new Smart Analytics System, IBM is responding to this need by not only providing its technical expertise, but also by delivering a comprehensive system that offers a streamlined assessment and the consulting expertise necessary to bring the power of analytics to clients quickly, at an affordable price.
With this announcement, IBM is expanding its portfolio to meet the needs of the high-growth analytics market. Earlier this year, IBM established Business Analytics and Optimization Services, an organization of more than 4,000 consultants teamed with IBM Research's world renowned laboratories and its 200 mathematicians and advanced analytics experts. IBM is also establishing a network of Analytics Solution Centers around the world to help clients solve their most complex challenges using analytics.
IBM also plans to extend the strengths of the System z platform to analytic warehousing workloads.
IBM
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