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IBM unveils industry-specific predictive analytics services

28/05/2015 by Sharon Shahzad

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IBM has introduced 20 new predictive analytics solutions across 12 industries, all tailored for specific use cases within those industries based on data IBM says it has collected from 50,000 client engagements.

Drawing on a history of more than 50,000 analytics-focused client engagements, IBM yesterday debuted 20 new behavior-based predictive analytics solutions tailored to address 12 industries and use cases within those industries.

"We have seen companies trying to take advantage of new big data and analytics technologies for a while now to apply them to various different business use cases," says Marc Andrews, vice president, Industry Analytics Solutions, IBM. "They continue to struggle with how to get started. There's a lack of skilled resources. They have to spend a lot of time customizing and maintaining the solutions they build out."

That's where IBM comes in, he says. Big Blue is using the real-world data gained from its client engagements to create predictive analytics solutions that clients can use out of the box, with prebuilt dash boards and interactive applications. Clients can just inject the data and start leveraging the existing interfaces, he says, though they do have the ability to tweak or modify the solutions as needed.

"We're getting down to a level of specificity to these individual use cases and business questions that I don't think anyone has really gotten to before in delivering these types of solutions," he adds.

This article has been extracted from http://www.cio.com, please click on this link to read the article in full http://www.cio.com/article/2927838/predictive-analytics/ibm-unveils-industry-specific-predictive-analytics-services.html

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