Think about retailers certifying and tracking every tree from the forest to the futon. Think of carbon-trading on a global scale and the data volumes involved. We stand on the cusp of a big step forward in environmental sciences, for example, again based on Big Data, as we start trying to mitigate the effects of climate change. The scale of data we’re dealing has fundamentally changed. Because of the Wall Street Guassian model fugazi I am skeptical of IBM claims that SPSS brings them predictive analysis, but really deep analysis is plenty useful.īanks, for example, are now looking to analyse not just 5 days of data to calculate market risk, but five years. So, apart from the fact it was quants, the rocket scientists on Wall Street, who apparently confused inches with centimeters in their financial models who nearly brought down the world economy… now the argument is – we just didn’t have enough data. Google’s disease tracking efforts, meanwhile, are showing real success against more traditional approaches – see Flu Trends. Google’s idea of great design is… count the times. The Google spell checker for example, is based on normalizing all of the different spellings people use of a word, rather than a traditional dictionary-based approach. Google shows us every day the results of relying on data, and the law of large-numbers, for decision-making.
#Spss ibm company code#
I think IBM’s acquisition of SPSS will mark a seminal moment in that company’s evolution, and that it will also accelerate - perhaps even greatly accelerate - the broader evolution of the IT industry from one fixated on boxes and code that run internal operations to one that’s focused on providing insight and expertise that helps customers grow. My ex colleague at InformationWeek, Bob Evans, certainly thinks so: With the SPSS deal that era may be arriving. Back in 2006 BusinessWeek heralded the age of the “Quant” in article entitled Math Will Rock Your World. Well it seems the latest technology that is going is going to be pushed into mainstream business life is statistics and deep data mining and analysis.
#Spss ibm company Pc#
The flipside? Remember Bill Gates saying he wanted to put a PC in every home- oh how we laughed. Even Thomas J Watson, founder of IBM, so the the apocryphal story goes, claimed the world would never need more than 5 computers. The technology industry, by nature, turns niche activities into mainstream ones.