IBM Commits $100 Million For Big Data Research

As companies seek to gain real-time insight from diverse types of data, IBM has unveiled new software and services to help clients more effectively gain competitive insight, optimise infrastructure and better manage resources to address Internet-scale data. For the first time, organisations can integrate and analyse 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 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.

With this news, IBM is expanding its portfolio and furthering its investments in analytics with new, patented software capabilities to analyse massive volumes of streaming data with sub-millisecond response times and Hadoop-based analytics software to offer scalable storage to handle tens-of-petabytes level data. These capabilities complement and leverage existing IT infrastructure to support a variety of both structured and unstructured data types.

IBM also brings 20 new services offerings, featuring patented analytical tools for business and IT professionals to infuse predictive analytics throughout their IT operations. The services enable IT organisations to assess, design and configure their operations to address and take advantage of petabytes of data.

“The volume and velocity of information is generated at a record pace. This is magnified by new forms of data coming from social networking and the explosion of mobile devices,” said Steve Mills, Senior Vice President and Group Executive, IBM Software & Systems. “Through our extensive capabilities in business and technology expertise, IBM is best positioned to help clients not only extract meaningful insight, but enable them respond at the same rate at which the data arrives.”