IBM Transformation & the Influence of Big Data
explanatory Essay
544 words
Big Data is changing the arena for big businesses. Big Data is the technology trend that has made it possible for businesses to better understand their markets. Big Data is the new natural resource, the new “oil.” International Business Machines, or IBM, saw this trend and moved their company away from hardware and into software and services, following the money. It is because IBM is so adaptive that it has lasted for over a hundred years. IBM is constantly evolving, growing, and changing. Around a hundred and two years ago, IBM began as a tabulating company, producing super computers. It then moved into the PC market, selling commercial computers to the masses. This PC market is now being replaced through destructive innovation by the tablet market. IBM realized this and sold their PC markets and moved onto different endeavors. Today, IBM exists in 172 countries and employs 400,072 employees. IBM focuses mostly on developing software solutions and services, servers, public sectors, and research. Their company is now prospering, bringing in a hundred billion dollars in revenu...
In this essay, the author
- Explains that big data is changing the arena for big businesses. big data is the technology trend that has made it possible for businesses to better understand their markets.
- Explains that international business machines, or ibm, saw this trend and moved their company away from hardware and into software and services, following the money.
- Explains that ibm began as a tabulating company, producing super computers, then moved into the pc market, selling commercial computers to the masses.
- Explains that big data is changing the arena for big businesses. big data is the technology trend that has made it possible for businesses to better understand their markets.
- Explains that international business machines, or ibm, saw this trend and moved their company away from hardware and into software and services, following the money.
- Explains that ibm began as a tabulating company, producing super computers, then moved into the pc market, selling commercial computers to the masses.
- Explains that ibm operates in 172 countries and employs 400,072 employees. their company is now prospering, bringing in 100 billion dollars in revenue last year and spending sixteen billion to acquire new companies.
- Explains that ibm's watson is a cognitive system able to learn and understand heterogeneous data. this machine competed in jeopardy, defeating two reigning champions.
- Explains that ibm ranks number one in big data analytics, which is the process of examining large amounts of data and uncovering trends and correlations.
- Describes the examples of companies using big data analytics, such as wind turbine organizations that track weather patterns and other environmental data to select the best area to place their turbines.
- Explains the importance of technology and businesses to be able to organize and interpret mass amounts of data.
- Explains that the new wave of technology has proved successful for those who are quick enough to jump on the big data trend. changes in the mobile industry combined numerous devices into one smart phone, cloud computing replaced the need for companies extensive servers and it departments.
- Explains how facebook and ibm prospered in a different market sector because of these changes.
- Explains that companies like ibm, who specialize in big data and business analytics, are becoming increasingly useful to these businesses because they can transform facts and figures into meaningful representations of information.
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