IBM launches new consulting unit for business analytics and optimization services

by Editor 4/15/2009 4:30:00 PM
IBM has launched a new consulting organization that will offer advanced business analytics and business optimization.

A recent study by IBM’s Institute for Business Value reveals that half of all business executives do not have access to information in their organization that they need to do their job. It also shows that eight out of ten business leaders make important decisions with missing or untrusted information.

IBM Business Analytics and Optimization Services will draw on the company's deep expertise in vertical industries, research, mathematics and information management to help clients both improve the speed and quality of business decisions while better understanding the consequences and business outcomes of those decisions.

This is the first time IBM Global Business Services has launched a new service unit since it was formed in 2002, following the acquisition of PricewaterhouseCoopers Consulting.

The IBM Business Analytics and Optimization service line is helmed by Fred Balboni, who previously led IBM’s retail industry consulting business, and a team of analytics experts in five core areas: Strategy, Business Intelligence and Busines Performance Management, Advance Analytics and Optimization, Enterprise Information Management and Content Management. More details are available here:

Frank Kern, senior vice president of IBM Global Business Services, says: "Our clients understand they're operating in a competitive environment where more than ever before, in addition to being fast, they have to be right. That requires something beyond the traditional notion of 'sense and respond. That drives the need to speed business decisions, understand the consequences of any decision and predict outcomes with more certainty -- in short, moving to a new level of enterprise intelligence."

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