Thursday, May 19, 2011

IBM Commits $100 Million to Big Data R&D

IBM announced a $100 million investment for continued research on technologies and services focused on "big data" -- including massive scale analytics, software, systems and services capabilities. The goal is to enable chief information officers (CIOs) to construct specific, fact-based financial and business models for their IT operations.

IBM is currently rolling out software capabilities to analyze 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. The company is also introducing a suite of services to infuse predictive analytics throughout their IT operations.