Tag: business intelligence

IBM adds more features to Watson

Sherlock Holmes and Dr WatsonBig Blue said it has added two more features to its Watson Analytics package.

The additional features are called Data Discovery and Q&A Power. IBM claims that half a million people are using Watson Analytics in less than a year.

It’s certainly got a long list of customers including the universities of Connecticut, West Florida, Iowa and Memphis.

The data discovery module are called “Expert Storybooks”, which measure such things as Twitter, Nucleus Research Marketshare and Intangent.

IBM said more data analysis is shifting to a so-called “self service model”.

It estimates that by 2018 “smart data discovery” which includes natural language query and search, automated analytics and interactive discovery capabilities will be the most in demand business intelligence service.

It claims that by moving analysis to a cloud based model, enterprises can deliver analytics projects without buying complex IT infrastructure.

Teradata buys Aster Data for $263 million

Data warehousing company Teradata has managed to sign a definitive agreement to buy out Aster Data Systems, which specialises in analytics and data management. 

Teradata believes it is the leader in data warehousing and thinks having Aster Data in its roster will help it along the way, offering the chance for clients to sift through and lever volumes of data to “drive profitable growth”.

Teradata will receive Aster Data’s business, intellectual property and comple technology product line through a merger. Aster Data’s customers will come with the package, too, and employees can expect to be “integrated” not sacked as soon as the acquisition completes. 

Following on from Teradta’s 11 percent ownership in Aster Data in September 2010, it has agreed to shell out for the rest with an additional $263 million, including net of debt and expenses. It says it will receive the $21 million on Aster Data’s balance sheet when the deal closes.