Feb 28 International Business Machines Corp raised its 2015 revenue target for business analytics by 25 percent amid strong demand for products that help customers sift through increasing amounts of data.
IBM, the world's largest technology services company, now expects business analytics to generate revenue of $20 billion by 2015, Chief Executive Virginia Rometty said at the company's investor day on Thursday at its research center in San Jose, California.
Business analytics is part of IBM's five-year plan to reach earnings per share of at least $20 by 2015.
Customers use analytics to identify patterns or predict behavior in structured data found inside databases and unstructured data found in anything from social networks and mobile devices to meters and sensors.
South Africa anti-graft chief open to talks on central bank -report
JOHANNESBURG, June 24 The head of South Africa's anti-graft watchdog is open to talks on her recommendation to change the central bank's mandate, a proposal that has drawn sharp criticism from parliament, the ruling party and investors, a local news agency said on Saturday.