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data mining - News, Features, and Slideshows
In an ongoing effort to commercialize its Watson analysis technology, IBM is testing a new service that can answer questions business managers might have about their data.
Add Tibco to the list of vendors pushing a full stack of so-called "customer engagement" software, which companies use to track and analyze consumer behavior in hopes of building deeper relationships with them and ultimately, selling more products and services.
Big Data isn't just a buzzy concept in the business world these days – professional sports teams are, increasingly, applying similar principles to their own operations, analyzing fast-growing quantities of data in order to better understand the game.
When not busy helping to find new treatments for cancer, IBM Watson is helping to cook up a few new dishes as well.
IBM continues to make the case for the nascent field of cognitive computing, showing off some Watson prototypes that could help speed scientific discovery in the medical field, by scanning large volumes of literature and data far more quickly then humans can, and suggesting possible leads.
Ever since President Obama signed the Open Data Executive Order, government agencies have been making their vast data stores available to the public. These once-secret data sets are proving a valuable business resource, too.
Big data and analytics permeate virtually every move Ford makes, from forecasting the worldwide price of commodities to figuring out what exactly consumers want, what it will build, where it should source parts and how to power its lineup of vehicles.
Companies are taking matters into their own hands with internal controls, open privacy policies, ethical codes and greater candor over how they're collecting and parsing personal data. But many wonder whether it's enough to allay consumers' fears as techniques for manipulating data multiply.
Three top-tier businesses are reaping big rewards from big-data analytics. They say the keys to success include a deeply-rooted culture of analytics and a relentless focus on cost efficiency and process improvement.
As analytics become more ingrained in corporations, data visualizers are the new go-to experts in demand -- but do they work for IT or give IT its marching orders?
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