IBM has announced the acquisition of Star Analytics, which in turn will give IBM more specialized and more efficient big data collection and analytics tools.
A Good Start for 2013
IBM has been in the news a lot lately. Not only have they just finished up their IBM Connect conference for 2013 where, among other announcements, the company said that a version of their Watson computer, which famously was a contestant on Jeopardy, will be housed at the Rensselaer Polytechnic Institute and released Connections 4.5, an employee experience suite.
Other releases over the last month have included an Omni Channel solution, which is part of its smarter commerce initiative to improve the customer experience for consumers who expect a certain level of sales and marketing skill -- no matter the platform they are using and news that IBM's tech support services are now available to smb’s.
Bringing the Stars to IBM
Though the number of analytics tools and services is growing, there are a few longstanding issues in the field, such as reliability and speed. Star Analytics, which was launched in 2004, has a suite of tools that will prove useful to IBM. The software will be integrated into IBM's Financial Performance Management solutions, with the Star Analytics staff joining the Business Analytics division.
By combining with Star Analytics, IBM will combine its business intelligence and performance management solutions with Star Analytics' secure self-service, specialized data solution tool set for data integration and automation. Star Analytics will extend access to information across the enterprise, from both on premises and cloud locations.
Despite being announced, the acquisition is still in progress and is expected to be finished by the end of IBM's first quarter. Financial details of the acquisition have not been released at this time.