IBM Unveils New Analysis Packages

IBM has unveiled three packages of services and software to help organizations analyze their data for profit and improved efficiency.

The signature solutions, as IBM calls these offerings, go beyond generic analysis software to address three different specific tasks: detecting financial fraud, predicting consumer behavior and estimating financial risk.

Crowdsourced credit card lets members share in profits and decisions

It was only a few weeks ago that we covered CivilisedMoney’s crowdsourced banking services, and recently we came across a new effort that brings a similar concept into the realm of credit cards. Earlier this month Barclaycard US introduced the Barclaycard Ring MasterCard, billed as “the first social credit card to be designed and built through the power of community crowdsourcing.” READ MORE…

via springwise:

Crowdsourced credit card lets members share in profits and decisions

It was only a few weeks ago that we covered CivilisedMoney’s crowdsourced banking services, and recently we came across a new effort that brings a similar concept into the realm of credit cards. Earlier this month Barclaycard US introduced the Barclaycard Ring MasterCard, billed as “the first social credit card to be designed and built through the power of community crowdsourcing.” READ MORE…

via springwise:

Face-Recognizing Billboard Only Displays Ad To Women | TechCrunch
A London billboard has a camera that can determine the  sex of those looking at it, and, in this case, only shows a 40-second video to females. Males are shown a link to the advertiser’s website.


So, pretty soon we’ll be targeted more exactly, like a Kangol hat ad for me: because I walk by wearing a Kangol, or because their algorithm targets bald guys, or because they know it’s me, and that I own 5 Kangols.
Augmented reality is not just for people: machines — like this billboard — will share augmented reality with us.

via futuresagency:

Face-Recognizing Billboard Only Displays Ad To Women | TechCrunch

A London billboard has a camera that can determine the  sex of those looking at it, and, in this case, only shows a 40-second video to females. Males are shown a link to the advertiser’s website.

So, pretty soon we’ll be targeted more exactly, like a Kangol hat ad for me: because I walk by wearing a Kangol, or because their algorithm targets bald guys, or because they know it’s me, and that I own 5 Kangols.

Augmented reality is not just for people: machines — like this billboard — will share augmented reality with us.

via futuresagency:

Business Analytics - Turning Data Into Insight (by IBM)

In an era of Smarter Analytics, it is imperative that businesses leverage the massive quantities of data available to them. In order to remain competitive, data must be transformed into insight and integrated into business processes.

Connect w/ Simon Thomas at http://www.linkedin.com/pub/simon-thomas/1/228/45

IBM to buy DemandTec to help big data meet commerce — GigaOM
IBM plans to acquire retail data analytics company DemandTec in an all-cash deal valued at $440 million, continuing Big Blue’s buys  in big data businesses. DemandTec has two especially compelling elements  for IBM — it will add to its big data expertise and it’s vertically focused in the retail market.
The dedicated focus should put IBM up against Oracle and SAP, both of  which have strong retail software businesses thanks to their own  acquisitions. However, DemandTec is an interesting company in its own  right, with 450 customers that range from Target Corp. to Unilever. The  company helps retailers and consumer product companies set prices based  on customer buying history as well as the current contents of their  shopping baskets. This real-time analysis of customer buying habits and  current inventory is what DemandTec is offering certain clients today, but it also has an eye on folding in unstructured data associated with people’s Twitter streams and Facebook pages.

IBM to buy DemandTec to help big data meet commerce — GigaOM

IBM plans to acquire retail data analytics company DemandTec in an all-cash deal valued at $440 million, continuing Big Blue’s buys in big data businesses. DemandTec has two especially compelling elements for IBM — it will add to its big data expertise and it’s vertically focused in the retail market.

The dedicated focus should put IBM up against Oracle and SAP, both of which have strong retail software businesses thanks to their own acquisitions. However, DemandTec is an interesting company in its own right, with 450 customers that range from Target Corp. to Unilever. The company helps retailers and consumer product companies set prices based on customer buying history as well as the current contents of their shopping baskets. This real-time analysis of customer buying habits and current inventory is what DemandTec is offering certain clients today, but it also has an eye on folding in unstructured data associated with people’s Twitter streams and Facebook pages.

The Reality of Augmented Commerce: Catch the webcast replay with our panel of experts exploring the evolving role of AR in retail. And see more of our interactive webcam series on the IBM Global Business Services channel on Livestream.

Augmented Reality — the melding of digital and physical experience — promises to transform many facets of commerce, from marketing and customer service to location-based shopping and sales.

 
Panelists:

Jack Mason, Strategic Programs & Social Business, IBM Global Business Services (moderator)


Ori Inbar, Co-founder and CEO, Ogmento, co-founder of the Augmented Reality Event, co-founder of ARNY (Augmented Reality New York) Meetup Group

Layla Revis, VP - Digital Strategy, Ogilvy 360 Digital Influences

Richard Corps, Co-founder and Managing Director of Kishino

More:

The Final Tally From IBM: Cyber Monday Online Spending Up 30 Percent From Last Year | TechCrunch
As of yesterday afternoon, Cyber Monday online sales were up 18 percent but apparently a surge of activity yesterday evening helped push the  day’s e-commerce sales to record amounts. Cyber Monday online sales,  according to IBM’s Coremetrics report, were up 33 percent over 2010, and up 29.3 percent over Black Friday.
IBM says that the average order amount was up 2.6 percent this year  from $193.24 to $198.26. The shopping peaks during the day took place at  11:05am PST/2:05pm EST as well as after commuting hours on both the  east and west coast.
On Cyber Monday, 10.8 percent of people used a mobile device to visit  a retailer’s site, up from 3.9 percent in 2010. Additionally, mobile  sales were up as well, reaching 6.6 percent on Cyber Monday versus 2.3  percent in 2010.
Interestingly, more people flocked to mobile devices to shop on Black  Friday than Cyber Monday. On Cyber Monday mobile traffic averaged 10.8  percent compared to 14.3 percent on Black Friday. And consumer sales on  mobile devices reached 6.6 percent versus 9.8 percent on Black Friday.

The Final Tally From IBM: Cyber Monday Online Spending Up 30 Percent From Last Year | TechCrunch

As of yesterday afternoon, Cyber Monday online sales were up 18 percent but apparently a surge of activity yesterday evening helped push the day’s e-commerce sales to record amounts. Cyber Monday online sales, according to IBM’s Coremetrics report, were up 33 percent over 2010, and up 29.3 percent over Black Friday.

IBM says that the average order amount was up 2.6 percent this year from $193.24 to $198.26. The shopping peaks during the day took place at 11:05am PST/2:05pm EST as well as after commuting hours on both the east and west coast.

On Cyber Monday, 10.8 percent of people used a mobile device to visit a retailer’s site, up from 3.9 percent in 2010. Additionally, mobile sales were up as well, reaching 6.6 percent on Cyber Monday versus 2.3 percent in 2010.

Interestingly, more people flocked to mobile devices to shop on Black Friday than Cyber Monday. On Cyber Monday mobile traffic averaged 10.8 percent compared to 14.3 percent on Black Friday. And consumer sales on mobile devices reached 6.6 percent versus 9.8 percent on Black Friday.

Augmented Reality — the melding of digital and physical experience — promises to transform many facets of commerce, from marketing and customer service to location-based shopping and sales. Join our panel of experts on Thursday to explore the evolving role of AR in retail. 
RSVP for our next interactive webcam webcast will air on the IBM Global Business Services Livestream channel:  http://www.livestream.com/newintelligence Panelists:
 Paul Papas, Global Lead, Smarter Commerce, IBM Global Business Services (moderator)

Ori Inbar, Co-founder and CEO, Ogmento, co-founder of the Augmented Reality Event, co-founder of ARNY (Augmented Reality New York) Meetup Group

Layla Revis, VP - Digital Strategy, Ogilvy 360 Digital Influences

Richard Corps, Co-founder and Managing Director of Kishino 


***
Get Involved: the vPanel Interactive Checklist
Got a question for our panelists? Ask it in advance with the Tumblr feature, or in the Disqus comments on this post.
Set a reminder to join IBM and our virtual  panel of thought leaders to examine how AR may reshape commerce and retail in the years ahead.
See all our past vPanel webcasts (as a bit.ly bundle), and subscribe to the vPanel Series.

Augmented Reality — the melding of digital and physical experience — promises to transform many facets of commerce, from marketing and customer service to location-based shopping and sales. Join our panel of experts on Thursday to explore the evolving role of AR in retail.

RSVP for our next interactive webcam webcast will air on the IBM Global Business Services Livestream channel:  http://www.livestream.com/newintelligence
 
Panelists:

 Paul Papas, Global Lead, Smarter Commerce, IBM Global Business Services (moderator)


Ori Inbar, Co-founder and CEO, Ogmento, co-founder of the Augmented Reality Event, co-founder of ARNY (Augmented Reality New York) Meetup Group

Layla Revis, VP - Digital Strategy, Ogilvy 360 Digital Influences

Richard Corps, Co-founder and Managing Director of Kishino


***

Get Involved: the vPanel Interactive Checklist

  • Got a question for our panelists? Ask it in advance with the Tumblr feature, or in the Disqus comments on this post.
  • Set a reminder to join IBM and our virtual panel of thought leaders to examine how AR may reshape commerce and retail in the years ahead.
  • See all our past vPanel webcasts (as a bit.ly bundle), and subscribe to the vPanel Series.
IBM: Black Friday Online Retail Spending Up 24.3 Percent | TechCrunch
Thanksgiving brought record online retail sales for the holiday, with spending up 39.3 percent over Thanksgiving 2010. And today, IBM Coremetrics data shows a 24.3 percent growth in online sales on Black Friday compared to the same period last year.
Mobile traffic on Black Friday was 14.3 percent of all retail traffic  compared to 5.6 percent in 2010. Sales on mobile devices surged to 9.8  percent from 3.2 percent year over year. As we saw with PayPal stats from Thanksgiving and Black Friday, mobile shopping volume is increasing by over 500 percent this year.
Mobile shopping was actually led by Apple devices, with the iPhone  and iPad ranking one and two for consumers shopping on mobile devices  (5.4 percent and 4.8 percent respectively). Android came in third at 4.1  percent. Collectively iPhone and iPad accounted for 10.2 percent of all  online retail traffic on Black Friday.
As predicted by eBay, Google and others, tablets were a major platform for shoppers this year. IBM  says that shoppers using the iPad led to more retail purchases more  often per visit than other mobile devices with conversion rates reaching  4.6 percent compared to 2.8 percent for overall mobile devices.

IBM: Black Friday Online Retail Spending Up 24.3 Percent | TechCrunch

Thanksgiving brought record online retail sales for the holiday, with spending up 39.3 percent over Thanksgiving 2010. And today, IBM Coremetrics data shows a 24.3 percent growth in online sales on Black Friday compared to the same period last year.

Mobile traffic on Black Friday was 14.3 percent of all retail traffic compared to 5.6 percent in 2010. Sales on mobile devices surged to 9.8 percent from 3.2 percent year over year. As we saw with PayPal stats from Thanksgiving and Black Friday, mobile shopping volume is increasing by over 500 percent this year.

Mobile shopping was actually led by Apple devices, with the iPhone and iPad ranking one and two for consumers shopping on mobile devices (5.4 percent and 4.8 percent respectively). Android came in third at 4.1 percent. Collectively iPhone and iPad accounted for 10.2 percent of all online retail traffic on Black Friday.

As predicted by eBay, Google and others, tablets were a major platform for shoppers this year. IBM says that shoppers using the iPad led to more retail purchases more often per visit than other mobile devices with conversion rates reaching 4.6 percent compared to 2.8 percent for overall mobile devices.

Where do fashion trends come from? A new IBM investigation of heel heights on women’s shoes demonstrates how social media mavens are using social networks to predict and influence important new fashion trends. Manufacturers and retailers who think that they control the trends need to start paying attention to a new category of influential tastemakers. Visit www.ibm.com/bao for more information.

IBM recently announced a Smarter Checkout solution that enables retailers to provide customers with a more personalized, interactive experience by offering them targeted third-party products and services at checkout.

Continuing to drive innovation and newer solutions for traditional markets with omnipresent data capture devices, or smart meters as IBM prefers to call them, mixed with its industry leading analytics, makes Big Blue one of the most exciting companies to watch.

Combining IBM’s systems, software and services, the new technology will enable retailers to capture and analyze valuable consumer data (for example, when a purchase is scanned at checkout) and employ real-time basket analytics to offer them new products or services right then and there, essentially making the traditional point-of-sale station a true point-of-service.

This technology can be applied on a range of commercial services from supermarket checkout lanes to the movie box office

IBM: Mobile Retail Traffic Will More Than Double This Holiday Season | TechCrunch
IBM’s Coremetrics Benchmark is releasing data around holiday shopping  trends we can expect over the next few months. Big Blue says that  mobile retail traffic will more than double this holiday season.
During this year’s November holiday season, an unprecedented 15  percent of people in the U.S. logging onto a retailer’s web site are  expected to do so through a mobile device, says IBM. All online sales in  November will experience a growth of 12-15 percent over the same period  in 2010.
IBM reports that in October nearly 11 percent of people used a mobile  device to log onto a retailer’s site, up from 4.2 percent in October  2010. Additionally, mobile sales continue to increase, reaching a high  of 9.6 percent in October 2011, up from 3.4 percent in October 2010.
One of the new trends expected to take place is among Android users.  And for the first time, the growing number of Android users will  demonstrate similar levels of mobile shopping as iPhone users. These  October 2011 numbers show iPhone accounting for 4 percent of mobile  traffic and Android 3.5 percent. The iPad will also play a big role in  holiday shopping this season. In October, iPad conversion rates reached  6.8 percent as compared to the overall mobile device conversion rate of  3.6 percent.

IBM: Mobile Retail Traffic Will More Than Double This Holiday Season | TechCrunch

IBM’s Coremetrics Benchmark is releasing data around holiday shopping trends we can expect over the next few months. Big Blue says that mobile retail traffic will more than double this holiday season.

During this year’s November holiday season, an unprecedented 15 percent of people in the U.S. logging onto a retailer’s web site are expected to do so through a mobile device, says IBM. All online sales in November will experience a growth of 12-15 percent over the same period in 2010.

IBM reports that in October nearly 11 percent of people used a mobile device to log onto a retailer’s site, up from 4.2 percent in October 2010. Additionally, mobile sales continue to increase, reaching a high of 9.6 percent in October 2011, up from 3.4 percent in October 2010.

One of the new trends expected to take place is among Android users. And for the first time, the growing number of Android users will demonstrate similar levels of mobile shopping as iPhone users. These October 2011 numbers show iPhone accounting for 4 percent of mobile traffic and Android 3.5 percent. The iPad will also play a big role in holiday shopping this season. In October, iPad conversion rates reached 6.8 percent as compared to the overall mobile device conversion rate of 3.6 percent.