IBM invests $100 million in big data R&D
IBM invests $100 million in big data R&D
Written by Kay Ewbank   
Monday, 23 May 2011

The need for better tools for analysing large, unstructured datasets has prompted IBM to announce an investment of $100 million in research and development for ways to manage and make use of unstructured data.

The announcement was made on May 20 along with the launch of software and services that companies can use to analyse and manage Internet-scale data at the multi-petabyte size.

The $100 million will be used for continuing research into technologies and services for managing and exploiting data as it continues to grow in diversity, speed and volume. A recent survey carried out for IBM, the 2011 IBM Global CIO Study, found that 83 percent of 3,000 CIOs surveyed said applying analytics and business intelligence to their IT operations is the most important element of their strategic growth plans over the next three to five years.

According to IBM, the new software launched last week will give organizations the tools to integrate and analyze tens-of-petabytes of data in its native format and gain critical intelligence in sub-second response times.

"The volume and velocity of information is generated at a record pace. This is magnified by new forms of data coming from social networking and the explosion of mobile devices," said Steve Mills, Senior Vice President and Group Executive, IBM Software & Systems.

The software being launched can be used to analyze both traditional structured data alongside unstructured data such as text, video, audio, images, social media, and click streams. The software is powered by Apache Hadoop, the open source data analytics platform that was originally developed by Yahoo. One of Yahoo’s Hadoop clusters won the Terabyte Sort Benchmark in 2008, the first time that either a Java or an open source program won. It is also used by a wide range of well-known companies including on Amazon’s product search indices, Facebook and ebay.

Related articles:

Hadoop in Action (Book review)

Hadoop: The Definitive Guide (Book review)

Pro Hadoop (Book review)


$200 Million Investment In IBM Watson

IBM, acknowledging Watson's far reaching achievements and ever growing untapped potential, has invested $200 million dollars in Watson's German IoT headquarters, in a strategic move to expand research [ ... ]

More Professional Data Science Training

MIT Professional Education is launching a new online Data Science course next week. This adds to the existing range of options available to those in the data science field who want a credential that c [ ... ]

More News

Last Updated ( Monday, 23 May 2011 )

RSS feed of news items only
I Programmer News
Copyright © 2016 All Rights Reserved.
Joomla! is Free Software released under the GNU/GPL License.