IBM 'Smart Solutions' Predict Fraud, Risk, Customer Behavior - Software - Business Intelligence - Informationweek

IBM announced Tuesday three IBM Smarter Analytics Signature Solutions that blend multiple analytic products, proven models and algorithms, and supporting services from IBM Global Business Services (GBS) to address fraud-detection, risk-analysis, and customer-insight scenarios.

The idea is to tackle high-profile business challenges where C-level executives and line-of-business customers want to move from being reactive to being predictive. “The emphasis is on outcomes, not products, speeds, and feeds,” said Deepak Advani, IBM’s VP of predictive analytics, in an interview with InformationWeek. ”We’re putting the pieces together to accelerate time to value.”

The three solutions—Anti-Fraud, Waste & Abuse; CFO Performance Insight; and Next-Best Action—might include a range of products from IBM’s vast software portfolio. An Anti-Fraud, Waste & Abuse solution, for example, might blend IBM SPSS predictive analytics, iLog rules management, WebSphere case management, and the IBM Netezza data warehousing capabilities.

Customers use social networks, mobile devices, Web sites and influencers to make buying decisions today. These businesses must connect to these customers where and how they prefer to buy to be successful. At the same time, they need to make sure they have the means of effectively managing their supplier and trading partner network to ensure they have the products at the right time and place to meet this new customer demand.

Quote from Craig Hayman, General Manager, IBM Industry Solutions, found at IBM Unveils Smarter Commerce Software and Services Offerings

Until now, CIOs have been unable to access many of the predictive, analytics-driven tools that CEO’s or CFO’s have used for years. With today’s announcement, CIO’s are able to not only apply relevant facts to optimize current IT investments, but also access business insights needed to make the best use of limited resources. In essence this broad array of new analytical capabilities take data generated from IT operations and turn it into a set of facts that clients can then use to make smarter business decisions.

Quote by said Steven Sams, vice president, IBM Site and Facilities Services.  Quote found in an IBM Press Release:  Made In IBM Labs: IBM Injects Predictive Analytics Into Global Technology Services (via horizonwatching)

(via horizonwatching)

researchers at Loughborough University, in Leicestershire, England, reported late last month that they have developed an electronic system that can warn of an impending landslide by picking up the telltale sounds of shifting earth. (via IEEE Spectrum: Sensor System Yields Landslide Warnings)

researchers at Loughborough University, in Leicestershire, England, reported late last month that they have developed an electronic system that can warn of an impending landslide by picking up the telltale sounds of shifting earth. (via IEEE Spectrum: Sensor System Yields Landslide Warnings)

First Habitable Exoplanet Could Be Discovered by May |  Wired.com
A new mathematical analysis predicts the first truly habitable exoplanet will show itself by early May 2011.
Well, more or less. “There is some wiggle room,” said Samuel Arbesman of the Harvard Institute for Quantitative Social Science, lead author of a new paper posted online and to be published in PLoS ONE October 4. His calculations predict a 50 percent probability that the  first habitable exoplanet will be discovered in May 2011, a 66 percent  chance by the end of 2013 and 75 percent chance by 2020.

First Habitable Exoplanet Could Be Discovered by May |  Wired.com

A new mathematical analysis predicts the first truly habitable exoplanet will show itself by early May 2011.

Well, more or less. “There is some wiggle room,” said Samuel Arbesman of the Harvard Institute for Quantitative Social Science, lead author of a new paper posted online and to be published in PLoS ONE October 4. His calculations predict a 50 percent probability that the first habitable exoplanet will be discovered in May 2011, a 66 percent chance by the end of 2013 and 75 percent chance by 2020.


IBM SPSS  software for predictive analytics
Predictive analytics helps your organization anticipate change so that you can plan and carry out strategies that improve outcomes. By applying predictive analytics solutions to data you already have, your organization can uncover unexpected patterns and associations and develop models to guide front-line interactions. This means you can prevent high-value customers from leaving, sell additional services to current customers, develop successful products more efficiently, or identify and minimize fraud and risk. Predictive analytics gives you the knowledge to predict…and the power to act.

IBM SPSS software for predictive analytics

Predictive analytics helps your organization anticipate change so that you can plan and carry out strategies that improve outcomes. By applying predictive analytics solutions to data you already have, your organization can uncover unexpected patterns and associations and develop models to guide front-line interactions. This means you can prevent high-value customers from leaving, sell additional services to current customers, develop successful products more efficiently, or identify and minimize fraud and risk. Predictive analytics gives you the knowledge to predict…and the power to act.

IBM Traffic Prediction Tool is a statistical model for the near-term prediction of traffic conditions. TPT was developed at IBM and has been tested in Singapore, where the Land Transport Authority is working with IBM and others to develop technology that will provide one-hour traffic predictions.  IBM Research | Statistics researchers predict road traffic conditions

IBM Traffic Prediction Tool is a statistical model for the near-term prediction of traffic conditions. TPT was developed at IBM and has been tested in Singapore, where the Land Transport Authority is working with IBM and others to develop technology that will provide one-hour traffic predictions.  IBM Research | Statistics researchers predict road traffic conditions