|By Maureen O'Gara||
|February 5, 2013 10:00 AM EST||
IBM says it is buying the software portfolio of Star Analytics Inc, a privately held business analytics firm in California, on undisclosed terms.
The acquisition, another in a string of Big Data and analytics acquisitions, is supposed to advance IBM's business analytics initiatives so clients can get faster access and real-time insight into specialized data sources.
Star Analytics software helps automatically integrate essential information from applications and business intelligence tools across the enterprises, on-premise or from the cloud. It removes custom coding for specialized sources that are hard to maintain and retires manual processes that are cumbersome and time-consuming.
"IBM sees an enormous opportunity for our clients to apply Star Analytics to the information they have stored in their financial applications," said Leslie Rechan, general manager of IBM business analytics, in a statement, "and to then easily access it within their IBM performance management and business intelligence solutions."
It's supposed to let organizations move critical analytics source data at will and use it regardless of which application they need to use it with, providing both flexibility and accessibility, according to Quinlan Eddy, CEO of Star Analytics.
"As part of IBM, we can now bring our technologies to a broader range of clients to help them uncover new untapped growth opportunities."
IBM currently has almost 9,000 dedicated business analytics and optimization consultants, and 400 researchers. Nearly 500 of the patents IBM won lately are supposed to be building blocks for future analytics innovations that will help businesses and governments unlock the power of Big Data.
The Star Analytics acquisition will close this quarter.
Jun. 28, 2016 07:30 PM EDT Reads: 427
Jun. 28, 2016 07:15 PM EDT Reads: 398
Jun. 28, 2016 06:30 PM EDT Reads: 382
Jun. 28, 2016 04:30 PM EDT Reads: 913
Jun. 28, 2016 01:00 PM EDT Reads: 841
Jun. 28, 2016 12:45 PM EDT Reads: 978
Jun. 28, 2016 12:00 PM EDT Reads: 1,196
Jun. 28, 2016 10:30 AM EDT Reads: 551
Jun. 28, 2016 10:00 AM EDT Reads: 482
Jun. 28, 2016 10:00 AM EDT Reads: 441
Jun. 28, 2016 09:45 AM EDT Reads: 467
Jun. 28, 2016 09:30 AM EDT Reads: 1,316
Jun. 28, 2016 08:30 AM EDT Reads: 1,251
Jun. 28, 2016 08:00 AM EDT Reads: 506
Jun. 28, 2016 08:00 AM EDT Reads: 1,373
Jun. 26, 2016 05:00 PM EDT Reads: 1,362
Jun. 26, 2016 05:00 PM EDT Reads: 1,275
Jun. 26, 2016 04:00 PM EDT Reads: 1,328
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Jun. 26, 2016 04:00 PM EDT Reads: 1,414
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jun. 26, 2016 12:00 PM EDT Reads: 1,354