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Friday, March 01, 2013

IBM Boosts Analytics Revenue Goals

Not unexpected based on my reading.  The intersection of Big Data and analytics requires a consulting base, which IBM clearly has.    Recent acquisitions also point in this direction.  " ...IBM CEO Ginni Rometty said the company will have $4 billion more in annual revenue from its data analytics platform during the next two years than previous estimates, as investments in dozens of acquisitions and internal R&D begin to show fruit. In an investor presentation, Rometty said Big Data will generate $20 billion in annual sales through 2015, with high-margin software accounting for more of the company's profits ... "

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