IBM announced a global expansion of its Information on Demand (IoD) strategy with the addition of new software and services which are designed to derive intelligence from business information. The company informed that it is expanding its information management capabilities and providing industry specific analytic applications, to support this effort.
The company further said that the new solutions go beyond business intelligence to help clients plan, analyse and manage performance in real time as information is being fed in massive amounts from various sources.
Ambuj Goyal, general manager of information management of IBM Software Group, said: One of the foremost issues facing enterprises today is the waste, inaccuracy and volume of missed opportunities that stem from information overload. Enterprises are handling more information than ever before but are actually using less of that information for strategic insight since it is often difficult to effectively capture and manage.
The company claims that its efforts in helping clients create an information agenda that enables them to develop a business-focused information strategy is also gaining momentum. Since the launch of information agenda, the company has engaged more than 400 clients, helping them put information at the centre of their business processes.
