ARMONK, N.Y., May 28, 2015 /PRNewswire/ -- IBM (NYSE: IBM)
today announced 20 new industry-specific solutions with pre-built
predictive analytics capabilities that will make it easier and
faster for organizations across industries like retail, banking,
telecommunications, insurance and others, to uncover and act on
critical business insights.
To ensure these solutions address the most critical business
requirements in each industry and to optimize the accuracy of the
predictive insights, IBM is working with clients and partners
across various industries who are innovators in the use of advanced
analytics, such as Urban Outfitters, National Grid, Deloitte, Bolsa
de Santiago, Interactive Data
Managed Solutions, and Bendigo and Adelaide
Bank, among others.
The new solutions draw on IBM's vast industry and analytics
expertise from over 50,000 client engagements. Each solution
includes pre-built predictive analytic modeling patterns and
interfaces for focused industry use cases, as well as data
preparation capabilities to manage unique data and streamline
collection and preparation of data for analytics. With interactive
and role-specific dashboards, business users can share predictive
insights across teams and organizations that can give them a deeper
understanding of their customers, assets and operations to help
them make better decisions and act with greater speed and fewer
resources.
For example, the solutions will help:
- Retailers understand the potential overall revenue
impact of individual products and product lines to make smarter
decisions about what products to carry and how to best promote
them. To watch a video about IBM's new industry analytics solutions
for the retail industry visit:
https://www.youtube.com/watch?v=5nJrn3gq_cc
- Banks use customer spending patterns to predict
financial and life events and deliver more relevant offers. To
watch a demonstration of IBM Behavior Based Customer Insight
Solution for Banking visit:
https://www.youtube.com/watch?v=P_kNxP-cfU8
- Wealth management firms understand behaviors associated
with higher profit clients to determine who they should target and
how to drive increased activity.
- Oil & gas companies reduce high costs associated
with inspections and maintenance of submersible pumps to predict
outages before they occur and optimize production. To watch a
demonstration of IBM Asset Analytics for Rotational Equipment for
the oil and gas industry visit:
https://www.youtube.com/watch?v=S351RXLFKJo
- Media & entertainment companies better understand
their audience and viewing behaviors to deliver advertisers higher
value micro-segment targeting capabilities.
"We believe organizations need capabilities that enable greater
speed and minimize the effort required to generate actionable
insights," said Alistair Rennie,
General Manager of Analytics Solutions at IBM. "This requires
pre-built solutions that are tailored to address each industry's
unique challenges. With today's news, IBM is putting powerful
analytics in the hands of every business user to help them see
patterns, pursue ideas and improve all types of decisions impacting
their industry."
For example, financial information and technology firm
Interactive Data will be bringing together its high performance
financial information platform with capabilities from IBM's
industry analytics solutions to provide its wealth management
clients with more mature solutions that allow them to address some
of the biggest challenges in the wealth market. To improve client
satisfaction, trust and revenue growth with private clients,
financial institutions need to move from mass distribution of
products and information to a highly personalized omni-access
engagement model which is centered around turning huge amounts of
structured and unstructured data into personalized actionable
information and making it available at any point in time to
advisors and investors.
"Smarter decision making and hyper personalization are at the
core of IBM's new industry analytics solutions. Combining client
data, market data and product data with predictive analytics and
intelligence in the solution allows us to provide financial
institutions with a level of customer insight and service never
before accessible to advisors or self directed investors," said
Joachim Lauterbach President,
Interactive Data Managed Solutions.
Australian financial institution, Bendigo and Adelaide Bank, is aiming to be Australia's most customer connected bank. "We
are very excited to be working with IBM to develop a deeper
understanding of our customers," said Kevin
Dole, Head of Technology Services, at Bendigo and
Adelaide Bank. "We are continuing to
advance our use of cloud based technology and exploring advanced
analytics options so that we can provide an even greater level of
service and value to our customers."
The new analytics solutions from IBM provide out-of-the-box
integration with IBM Customer Engagement solutions, enabling the
insights to be used to drive what offers are sent to customers and
what is displayed when they visit the website. IBM Maximo Asset
Management has also been pre-integrated, providing enhanced
capabilities for work management, job plans, work order tracking,
service requests and reporting. As potential equipment failures are
identified, work orders can be generated automatically. Consultants
from IBM Global Business Services can help clients implement and
tailor the solutions to fit their needs and broader strategy.
For more information on IBM's Industry Analytics Solutions,
please visit: http://www.ibm.com/analytics/us/en/industry/
IBM Media Contact
Kristi
Eells
IBM Media Relations
keells@us.ibm.com
802-345-8313
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SOURCE IBM