Business Decision Optimization. Evidence-Based Management. The Realtime, Predictive Enterprise.
On April 14, IBM launched Business Analytics & Optimization Services, a major expansion of its consulting organization that embraces all of these fronts. The move not only signals how the smarter planet vision is transforming into new value for IBM clients, but how that worldview will help individual organizations actually become more intelligent.
Business analytics may sound like an abstraction – (analytics simply means the science of analysis) – but it reflects a very tangible reality at the heart of Smarter Planet: because we can increasingly sense and gather information with unprecedented scale and precision, entire new spheres of knowledge and insight are within reach. We can measure and monitor just about anything, from the complex interactions in natural systems like Galway Bay to the ebb and flow of power over an intelligent electric grid.
As the new paper from IBM’s Institute of Business Value, Business Analytics & Optimization for the Intelligent Enterprise, notes:
The information explosion has permanently changed the way we experience the world: everything – and everyone – is leaving digital tracks. Intelligence is increasingly embedded in objects.
What company wouldn’t want to operate with the kind of highly instrumented, interconnected and realtime intelligence that business analytics promises? While that may seem like a rhetorical question, the study IBM conducted as part of the launch of the new analytics service found that nearly eight in ten business leaders were making decisions based on gut and instinct. Business analytics is meant to change that.
The Global Chief Supply Chain Officer Study kicked off in early March with a summit event in San Francisco.
This video features Sanjeev Nagrath, who leads the global supply chain management practice in IBM’s consulting unit, Global Business Services, and Karen Butner,with IBM’s Institute of Business Value.
My colleague Adam Christensen wants to make Smarter Planet something that matters to each of us: something that more people can understand, appreciate and maybe even feel some degree of personal, emotional connection to.
As we expand our social media outreach for Smarter Planet, we will begin to feature and point to other bloggers who are thinking and investigating issues related to intelligent infrastructure. (Please feel free to recommend, via comments here, blogs and sites that we should connect with.)
Here’s one example from the Healthnex blog, on wearable healthcare devices and a home monitering system developed by Intel.
IBM Global Business Services