Instrumented Interconnecteds Intelligent

Steve Mills, IBM Senior Vice President & Group Executive, Software & Systems

By Steve Mills

The opportunities of Big Data are limitless for making business, the global economy and our society work better. The new reality is that Big Data has become one of our most valuable emerging natural resources.

This is due in large part to the economics around lower computing costs and the enormous advancements we’ve made in developing new technologies that can analyze data regardless of what kind, where it resides or how fast it is moving.

In financial services, Wall Street firms are generating five new research documents every minute. Nearly $100 billion in total sales are missed each year because retailers don’t have the right products in stock to meet customer demand. Earlier this month, the United Nations issued a report stating that the world has nearly as many cell phone subscribers as inhabitants.

These six billion global mobile phone subscribers are demanding unique and personalized offerings that match their individual lifestyles.

Applying analytics to these challenges is boosting economic competitiveness and defining new winners across business and government. Just think of a chief marketing officer who can glean valuable information on consumer sentiment from streaming social media as it happens. Using that information, the CMO can adjust marketing campaigns accordingly.

Big Data is a term that is used to describe the onslaught of information the world faces daily, and explores the growing volume, velocity, veracity and variety of data. While Big Data implies “a lot of data,” it also means being able to discern useful information from noise, trends from incomplete data, and the need to look at multiple facets of the data. 

These are exactly the types of challenges that IBM will be discussing this week at our seventh annual IBM Information on Demand and Business Analytics Forum (IOD12). The conference brings together more than 11,000 of the world’s leading experts to share insights and lessons gained by applying information management and analytics to Big Data. We’ll feature 700 technical sessions across several key tracks, 110 hands-on labs, and more than 300 client speakers exploring how Big Data is helping them gain competitive advantage.

In addition, we will introduce a series of new products and services to help clients continue to make sense of their data and use it in new and more meaningful ways. This includes predictive analytics software for healthcare providers that helps identify early intervention and coordinate patient care; a digital marketing analytics appliance for CMO’s to create more targeted campaigns; and new streaming analytics software that allows communications service providers to analyze network data 90 percent faster to reduce customer churn.

These new capabilities, combined with IBM’s newest member of the PureSystem family, PureData System, are helping businesses better meet their growing data challenges by reducing complexity and improving IT economics.

We recently released a study with Oxford University around Big Data adoption, validating these same key themes. The research showed that early adopters are gaining a competitive advantage with 63 percent of respondents citing Big Data and analytics as a competitive advantage. However, less than half are currently analyzing social media data.

Earlier this month, I had an opportunity to present a report from the TechAmerica Foundation Big Data Commission, of which I am co-chair, in Washington, D.C. The purpose of the report, entitled “Demystifying Big Data: A Practical Guide to Transforming the Business of Government,” was to provide guidance to senior U.S. policy and decision makers on the promise of Big Data and the value it can deliver to governments and its citizens.

These findings suggest that governments and businesses are taking a pragmatic approach to Big Data by first focusing on the tremendous untapped value still locked away in internal systems. This is why the market for business analytics is growing faster than the overall IT industry. IDC estimates enterprises will invest more than $120 billion by 2015 to capture the impact of analytics across hardware, software, and services.

What was clear in our findings is universal for both government and business. Combining analytics and Big Data makes it easier for leaders of all types to understand the world around them better than ever before, predict what’s likely to happen in the future, and use that knowledge to make more informed decisions.

By the end of IOD 2012, I hope we will have shared IBM’s deep industry knowledge and showcased our leadership in Big Data and analytics. We have the opportunity to help businesses, governments, healthcare systems, and educational institutions take advantage of all of the information right in front of them, and make better, more effective decisions for themselves and the people they serve.

Join in on the conversation at #ibmiod. 

Bookmark and Share

Previous post

Next post

79 Comments
 
July 18, 2016
9:30 am

Et’s ѕtate үоu’rᥱ ɑ rookie towаrds
tҺe wоrld of online sales аnd tҺerefore ɑгe trying
to generate income online, Ƅut you’re yoս start աіth a small startup budget.


Posted by: muridism
 
July 7, 2016
4:01 pm

I just put the link of your blog on my Facebook Wall.
very nice blog indeed.


Posted by: www.todoist.com
 
July 5, 2016
5:00 pm

Keep up the great piece of work, I read few blog posts on this web site and I
think that your website is really interesting and has a lot of excellent information.


Posted by: insurance san antonio
 
July 4, 2016
2:30 pm

Whеre options abound it ɡives tⲟ toss youur finanjcial web online.

Monetizing уour expertise — whеther in transcribing or socialnetworking
– іѕ ⲟne ѡay to generate profits ѡһile sitting
аt үоսr compսter іn tҺe home.


Posted by: Handgriffhaltern
 
July 4, 2016
1:00 pm

Hello! Great stuff here, please keep us posted.


Posted by: www.twitter.com
 
June 29, 2016
1:38 pm

Thanks for such a good blog. Where else could anyone get that kind of info written in such an ideal way?
I have a presentation that i’m presently writing on, and
I have been on the look out for such great information. Happy to discover your site.


Posted by: insurance agency
 
June 27, 2016
2:55 pm

I can’t recall the last time I enjoyed a piece of writing as much as this one.
You have went beyond my expectations on this
subject matter and I totally agree with your
points. You’ve done well with this.


Posted by: motorcycle insurance
 
June 27, 2016
1:59 pm

I have been reading out a number of your articles and i must say
great stuff. I’ll definitely bookmark your
site.


Posted by: insurance san antonio
 
June 14, 2016
9:07 pm

I enjoy your way of writing, very good information, thank you for posting.


Posted by: plumber fort worth
 
June 11, 2016
4:47 pm

Great website! I truly love how it is simple
on my eyes and the data are well written. I am wondering how I could
be notified whenever a brand new post has been made. I’ve subscribed to
your feed which should do the trick! Have a good day!


Posted by: plumbing contractors
 
June 9, 2016
8:59 pm

Well written article. It will be useful to anybody, including me.

Keep up the good work. I cannot wait to read more posts.


Posted by: plumber
 
June 8, 2016
3:57 pm

Not often do I come across a weblog that is both informative and enjoyable, and let me
tell you, you might have hit the nail on the
head. Your conceptis fantastic; the issue is something that not sufficient
individuals are speaking smartly about. I’m happy that I stumbled across this in my pursuit of something relating to this.


Posted by: insurance san antonio
 
June 8, 2016
3:33 pm

I appreciate you for sharing that wonderful written content on your web site.
I ran into it on google. I will be intending to check back again as soon as you publish extra aricles.


Posted by: www.city-data.com
 
June 4, 2016
5:20 am

Aw, this was a very nice post. Spending some time and actual effort to make a great article…
but what can I say… I hesitate a lot and never seem to get anything done.


Posted by: Bottega Veneta Men Wallet
 
June 1, 2016
11:40 am

You are fantastic! Thanks!Good blog here! Also
your web site loads up fast! What web host are you currently utilizing?
Can I obtain your affiliate link to your host? I wish my website loaded up as quickly as
yours lol


Posted by: www.brightedge.ca
 
May 31, 2016
12:59 pm

You made some respectable points there. I looked on the internet for the issue and found many people
will go along with your website.


Posted by: commercial insurance
 
May 18, 2016
1:28 pm

Hey there, You have done an admirable job. I’ll surely digg it and for my part recommend to my friends.
I’m confident they will be benefiting from this excellent website.


Posted by: www.sdnews.com
 
May 16, 2016
4:17 pm

Very helpful information. Lucky me I came across your web site by accident,
I bookmarked it.


Posted by: electricians
 
May 16, 2016
4:07 pm

I enjoy this article, I am a big fan of this site and I would want to
kept updated.


Posted by: local plumber
 
April 21, 2016
10:09 am

Great thank you


Posted by: Beneteau
 
April 8, 2016
4:26 pm

I’ve been exploring for a little while for top quality articles or blogs on this kind of area.
Exploring in Yahoo I finally stumbled upon this site.
Looking over this info made me discovered just what I needed.

I will visit your site frequently.


Posted by: weatherford-tx.mylocallist.com
 
April 5, 2016
10:32 pm

I enjoy your writing style, very good information, many thanks for posting.


Posted by: childrens dance lessons
 
April 5, 2016
1:48 pm

I’m glad to be among the many visitors on this outstanding site.
many thanks for posting.


Posted by: motorcycle insurance
 
April 1, 2016
3:32 pm

Very interesting article, thank you !


Posted by: garage
 
March 22, 2016
5:22 pm

I think this is among the most important info for me.
And i’m satisfied reading your article. The website looks great, the articles are superb.


Posted by: boat insurance
 
March 21, 2016
4:35 pm

I like this site a lot, It’s actually good to read as well as learn more information.


Posted by: news
 
March 10, 2016
7:36 am

You’re so great! I don’t suppose I can learn something like this before.

So great to find somebody with some creative ideas about this subject.
really thank you for bringing this up. this website is something that is needed on the net, somebody with somewhat originality.
excellent job for bringing something new to the web!


Posted by: car collision
 
March 2, 2016
4:44 pm

Keep all the articles coming. I love reading your posts. Regards.


Posted by: family dental care
 
March 2, 2016
2:42 pm

My brother recommended I may like this site. He was totally right.
This post actually made my day. You can not consider just how so much time I had spent
for this information! Thank you!


Posted by: tabloits
 
February 28, 2016
10:53 pm

I appreciate you for sharing that good written content on your website.
I ran into it on google. I am intending to check back again as soon as you publish a lot more aricles.


Posted by: radio news
 
February 25, 2016
8:19 pm

Certainly you’ve got superb ideas here and I
love your site! I’ve bookmarked it making sure that I
can come back & continue reading later on.


Posted by: plumbers
 
February 25, 2016
1:02 am

Exceptional post, I think site owners should learn lots
from this blog its really user friendly.


Posted by: motorcycle insurance
 
February 24, 2016
9:02 am

I totally understand everything you’ve said.
Actually, I browsed through your other articles and I think you happen to be definitely right.
Fantastic job with this website.


Posted by: www.smilesdoc.webnode.com
 
February 24, 2016
7:01 am

I like this article, enjoyed this one thank you for posting.


Posted by: www.kdp.amazon.com
 
February 23, 2016
2:07 pm

Thanks for sharing with us, I think this site definitely stands out.


Posted by: car accisent lawyer san antonio
 
February 23, 2016
6:32 am

Andd you may have experienced, there’s most of the tijme when individuals to have the ability to read someone’s text texts dmv test aand will see more sales for your
writing Mystery Shopping Start by deciding exactly how much to pay ffor each person’s gift training program Use visualization to note that intention at the forefront of your mind cpc
exam Theee is nothing more endearing to a woman than a person with a way of joke nclex-pn exam Review (Annmarie)


Posted by: right practice test
 
February 19, 2016
8:54 pm

Amazing article, I’m going to put in more time
researching this topic.


Posted by: plumbers
 
February 19, 2016
2:45 pm

I can’t remember the last time I enjoyed an article just
as much as this one. You have went beyond my expectations on this subject matter as well as I totally agree with your points.
You’ve done well with this.


Posted by: web marketing
 
February 18, 2016
10:30 pm

Hi there! Fantastic posts here. please do keep
us posted.


Posted by: san antonio commercial insurance
 
February 18, 2016
7:25 pm

Thank you for sharing your exceptional and amazing tips.

I will not be reluctant to share your site to anyone who should be given ideas just
like these.


Posted by: https://twitter.com/
 
February 17, 2016
7:18 pm

Often its a pain in the ass to read what blog owners wrote but this site is really amazing and I truly treasure your good article, Excellent post.


Posted by: auto insurance
 
February 13, 2016
1:53 pm

I really like you for gathering helpful info, this post has given me a lot more info!


Posted by: boat insurance
 
February 11, 2016
3:17 am

Thank you for excellent post. Keep us posted.


Posted by: family dental care
 
February 9, 2016
9:53 pm

I feel like I’m constantly searching for interesting things to find out about a variety
of subjects, however I have the ability to include your blog among what i read each day for the reason that you’ve got
compelling entries that I enjoy. Hoping there are much more incredible material
coming!


Posted by: buy a house
 
February 9, 2016
2:19 am

I think this website has very excellent content.


Posted by: motorcycle insurance
 
January 29, 2016
9:37 pm

Because with the questionable legality of pirate videos they
often attract unreliable types free picture editing
software download Also you can who within your team had already paid attention to the messages and the frequency
of which Software Programs It’s going to
let you schedule the scanning for this registry and execute the scanning process automatically
in the predefined moments best photo editing software
free download Might add some of those ghost software download It is vital likely become the
similar to the video editing software, but may
be an a variety of program dj software download free (qingsiyujiaoyu1.com)
The better versions will not involve using anything but
what you may get easily inside your home brother software


Posted by: brother software
 
January 26, 2016
11:04 pm

This is something I personally have to try and do a lot of analysis into, thanks for the post


Posted by: cosmetic dentist
 
August 14, 2015
6:24 am

アイフォン6ケースJIAXIUFEN PU Leat


Posted by: 換決済不可】【業務用】【送料無料】【ワイ
 
August 14, 2015
6:24 am

e Colorful Tree Back


Posted by: 定)武蔵SGR-33LP
 
August 14, 2015
6:24 am

ale 5-piece Bath Access


Posted by: 大型厨房】【メーカー直送/代金
 
August 7, 2015
6:04 pm

Deemed purchasing a utilized or next hand vehicle?


Posted by: Gwendolyn
 
August 3, 2015
7:24 am

And itt is possible to read the longevity of the video store
by readinng reviews online. They also reflect the potency
of a relationship to discover from the pros and cons of life and become
wityh each other. Pendants, particularly religious ones,
can alseo be creating a reappearance among men’s fashion.


Posted by: cut engagement rings
 
June 1, 2015
7:59 am

Thank You IBM and Steve


Posted by: Maxim SEM
 
June 1, 2015
7:25 am

Just wish to say your article is as astounding.
The clarity to your post is just spectacular and that i could assume you’re knowledgeable in this
subject. Fine with your permission allow me to grab your
RSS feed to keep up to date with forthcoming post. Thank you 1,000,000 and please carry on the rewarding work.

%url


Posted by: free porn
 
April 26, 2015
2:29 am

Adult may be the toughest habit since it is oon of the toughest to learn HOWTO control.


Posted by: tagliare video
 
April 1, 2015
10:46 am

Rеad the listed Ьelow աrite-uρ ѕothat yoս ϲan optimize үоur
movie video games practical experience. Тhey ԝе ѡill discover potеntially rofitable neԝ skills, rehabilitate tɦе body оr juѕt hazve a goоd time.

Video games сan instruct, charm and mаke.


Posted by: Piper
 
February 23, 2015
6:47 pm

Ini sangat menarik, Anda sangat profesional blogger. Saya memiliki bergabung Anda pakan dan menantikan di perburuan lebih dari megah pos.
Juga, saya punya bersama Anda situs dalam jaringan sosial saya


Posted by: website Dokitv
 
February 5, 2015
8:41 am

You may perhaps get a Cinderella or a Batman that is
30 pounds overweight – it happens a lot (I’ve got stories!).


Posted by: ps4 Themes
 
January 22, 2015
7:29 pm

Yoou can IM wityh the friends on Yahoo, Google Talkk etc. Heck,
you may use increase your entire monthly allowance watching oone hour
of high-definition video. This way, you won’t must count on wireless hotspots or
driver installation along with other issues.


Posted by: lets connect
 
October 20, 2014
2:37 pm

If you would like to learn more researched tips to help you cure diabetes in less than 4 weeks, please visit us now.
All of that refined sugar and flour sends
a lot of sugar (glucose) into your blood stream very rapidly.
Owing to the lack of research,There are few arguments that indicate that herbal treatments for diabetes may not be effective.


Posted by: click here to watch this youtube video
 
October 19, 2014
11:50 am

magnificent issues altogether, you simply won a new reader.
What might you recommend about your publish that you simply made a few days
ago? Any sure?


Posted by: Marguerite
 
October 19, 2014
2:44 am

An intriguing discussion is worth comment. I do believe that
you need to write more on this topic, it might not be a
taboo subject but typically people don’t speak about these subjects.

To the next! All the best!!


Posted by: Marguerite
 
October 16, 2014
9:25 am

Hello my friend! I want to say that this post is amazing, nice written and come with almost all
important infos. I’d like to look more posts like this .


Posted by: clash of clans no survey cheats
 
October 14, 2014
12:49 pm

Dust is the biggest concern when cleaning dollhouse
furniture. Amazingly, there are many wooden items which are made up of the Indian wood, but these two woods
are in demand these days. Along with elegance it also makes the room warm and welcoming for the residents as well as the guests.


Posted by: quel revetement de sol
 
October 13, 2014
7:24 am

Choice of material for making conservatory furniture would depend on a lot on factors like the customer’s budget and the ambience of
the house. Their educated, well trained sales team is able to answer
any questions you may have about furniture and interior designing.
Next think about dryer banks and how they’ll blend in within the theme of your
salon, modern versions are ever so stylish and they come in a
range of options from suppliers of Salon Furniture.


Posted by: wiko wax 4g
 
October 12, 2014
4:36 am

Professional and singer Patrick Bruel has been one of France’s biggest stars through
the ’90s, first making their name as a teen idol and leading an excellent return to traditional French chanson in the new millennium.
Bruel came into this world Patrick Benguigui within Tlemcen, Algeria, on,
may 14, 1959. His / her father abandoned a family when Patrick was merely a year old,
in addition to 1962, after Algeria gained
its independence, his mom moved to France, residing inside
Paris suburb involving Argenteuil. A good soccer player within the youth, Patrick first settled on the idea of as being a singer having seen Michel Sardou perform in 75.

As luck could have it, acting would take him his first good results;
first-time movie director Alexandre Arcady ran an ad seeking a
man with a French-Algerian (or “pied-noir” in German slang) accent for his film Le Coup
hun Sirocco. Benguigui (as having been still called) responded and acquired the business.
The next year, he spent a while in Ny city, where he found Gérard Presgurvic, later to
get his most important composer.

Source: http://goldsgames.com/profile/ca60y


Posted by: free music for you to listen
 
October 8, 2014
8:06 pm

Spot on with this write-up, I actually feel this site needs far more attention. I’ll probably be bazck again to see more,
thanks ffor thee info!


Posted by: free wizard101 crown codes
 
October 8, 2014
7:15 am

Although Diaz Godines could qualify for a special visa protection, she’s instead charged with smuggling herself.
Spencer is the founder of the American Border Patrol group based in Sierra Vista,
Arizona. Or that numerous studies have shown that the undocumented are less likely to commit serious offenses.


Posted by: Tow Software
 
September 29, 2014
8:14 pm

The major difference between having a face lift vs.
However it creates a subtle natural-looking result that doesn’t appear too overdone.

Breast reconstruction, for those who have undergone a mastectomy, as well
as cleft lip and palate surgery are common examples of reconstructive surgeries.


Posted by: Celebrity News
 
September 21, 2014
5:26 am

Still, you can get all of the things you need for doing the
h – CG weight loss protocol for around $100 or less.
There are a few things that must be identified about the HCG diet plan and consequently a single really should not start off using them without having
any assistance of the homeopathic medical doctor.
Fiber intake is extremely important, as is water
intake and having regular bowel movements.


Posted by: Best Hcg Drops At Gnc
 
September 17, 2014
2:46 am

After a quick lunch and a brief nap back at the mobile home, we resumed
fishing about three o’clock and fished all the way until dark.

If you like antiques you have to ask for help- we have many but only the
locals know where they hide. You will catch red fish, spotted
sea trout, pompano, snook, mangrove snapper, Spanish mackerel,
small black-tip sharks, small bonnet sharks, sheephead &
in cooler weather the odd king mackerel.


Posted by: 10 easy crock-pot freezer meals
 
March 29, 2014
5:31 am

This site is known as a stroll-by means of for all of the info you wanted about this and didn


Posted by: Telecharger Pokemon X et Y
 
December 19, 2013
5:43 am

Hi there! I simply want to give an enormous thumbs up for the good information you might have right here on this post. I shall be coming again to your weblog for extra soon.


Posted by: Melvina Breining
 
December 16, 2013
5:40 am

It is best to participate in a contest for the most effective blogs on the web. I’ll recommend this site!


Posted by: Waneta Detwiler
 
December 15, 2013
5:35 am

The following time I learn a weblog, I hope that it doesnt disappoint me as a lot as this one. I imply, I do know it was my option to learn, however I really thought youd have one thing attention-grabbing to say. All I hear is a bunch of whining about one thing that you might repair in case you werent too busy searching for attention.


Posted by: Emmitt Mudra
 
October 16, 2013
11:05 am

Understanding how to analyze and utilize big data is huge – cutting computing costs and improving your understanding of the facts of your company and how to improve efficiency. What sort of data software are you using for your data center infrastructure management? That is the first step to using Big Data – collecting, organizing, and making it available via user friendly display. Great article!


Posted by: Data center management software
 
August 4, 2013
11:14 am

There is clearly a lot to know about this. I think you made some good points in features also.


Posted by: family tree
 
July 25, 2013
3:06 pm

It�s exhausting to seek out knowledgeable individuals on this matter, but you sound like you understand what you�re talking about! Thanks


Posted by: Sebrina Wendland
 
July 25, 2013
3:22 am

After study just a few of the weblog posts in your web site now, and I truly like your way of blogging. I bookmarked it to my bookmark web site checklist and will probably be checking again soon. Pls check out my web site as effectively and let me know what you think.


Posted by: Loria Schleker
 
1 Trackback
 
October 22, 2012
11:54 pm

[...] senior vice president and group executive Steve Mills explained in a blog post on Monday that big data has become a valuable natural resource “in large part to the [...]


Posted by: IBM: Big data is the new natural resource | Technology News
 
Post a Comment