Tag Archives: ibm

Using IBM Analytics, Santam Saves $2.4 Million in Fraudulent Claims

Analytics Software Enhances Insurer’s Ability to Resolve Claims Faster

Johannesburg, South Africa – 09 May 2012: IBM today announced that Santam, South Africa’s leading short term insurance company, has saved $2.4 million on fraudulent claims in the first four months of using IBM business analytics software. The analytics software has enhanced Santam’s fraud detection capabilities and also enabled faster payouts for legitimate claims.

“IBM and OLRAC-SPSolutions have helped us build a solution that has not only transformed our claims processing methodology in terms of speed and efficiency, but also provides new insight which helps us identify false claims more quickly, which protects our business and customers,” said Anesh Govender, Head of Finance, Reporting and Salvage at Santam. “The solution has delivered a full return on investment and also helped uncover a motor insurance fraud syndicate in less than 30 days after the system went live.” (more…)

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IBM Advances Big Data Analytics with Acquisition of Vivisimo

Armonk, N.Y. – 25 Apr 2012: IBM today announced a definitive agreement to acquire Vivisimo, a leading provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Vivisimo is a privately held company based in Pittsburgh, Pennsylvania. Financial terms were not disclosed.

Vivisimo software excels in capturing and delivering quality information across the broadest range of data sources, no matter what format it is, or where it resides. The software automates the discovery of data and helps employees navigate it with a single view across the enterprise, providing valuable insights that drive better decision-making for solving all operational challenges. (more…)

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IBM Survey Reveals Digital Behavioral Trends for Consumers: What is your Digital Personality?

*Media & Entertainment Providers Must Practice New Rules for Engagement, Digitizing Content is Not Enough*

ARMONK, N.Y. – 16 Apr 2012: A new IBM study of the media and entertainment market, reveals that as consumers adopt an increasing number of digital devices, four distinct new “digital personalities” are emerging. This shift is compelling companies to adopt more innovative business models that deliver personalized experiences. (more…)

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Microsoft Announces Largest Cloud Customer Ever: All India Council for Technical Education to Reach 7 Million With Live@edu

*AICTE adopts cloud to improve technical education and prepare students for the workforce of tomorrow.*

NEW DELHI and REDMOND, Wash. — Microsoft Corp. and All India Council for Technical Education (AICTE) announced today that AICTE is deploying Microsoft Live@edu over the next three months to more than 10,000 technical colleges and institutes throughout India. The cloud deployment will expand students’ access to high-quality technical education and collaboration.

Live@edu is a hosted communication and collaboration service that offers email, Microsoft Office Web Apps, instant messaging and storage to AICTE’s more than 7 million students and nearly 500,000 faculty members, for a total reach of 7.5 million users — roughly double the size of the Los Angeles population — making AICTE Microsoft’s largest cloud customer ever. Live@edu is the first step in AICTE’s deployment of Microsoft cloud computing for education. AICTE also plans to deploy Microsoft Office 365 for education when it becomes available later this year, providing access to Microsoft Exchange Online email and calendar, Microsoft SharePoint Online, Microsoft Lync Online and Microsoft Office Professional as the technical infrastructure to support member colleges and institutes. (more…)

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IBM Sets the Stage for the Next Era of Computing

– Deep integration points to new ‘Scale-In’ approach to system design from IBM
– Built-in ‘expertise’ makes new family of systems simple to run and manage
– Gives enterprises the ability to change the economics of IT

ARMONK, N.Y. – 11 Apr 2012: IBM today announced a major step forward in a new, simpler era of computing with the introduction of a new category of “expert integrated systems.” This new family is the first with built-in expertise based on IBM’s decades of experience running IT operations for tens of thousands of clients in 170 countries.

IBM’s expert integrated systems family – PureSystems – is the result of $2 billion in R&D and acquisitions over four years, an unprecedented move by IBM to integrate all IT elements, both physical and virtual. The new systems family offers clients an alternative to today’s enterprise computing model, where multiple and disparate systems require significant resources to set up and maintain. (more…)

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Transactional Memory: An Idea Ahead of Its Time

Nearly 20 years ago, two Brown University computer scientists were working on a largely theoretical problem: How could multiple parallel processors make changes to shared resources safely and efficiently? Their proposal — transactional memory — is sparking fresh interest as a new generation of processors seeks improved power and speed.

In 1993, Maurice Herlihy and a colleague published a paper on transactional memory — a new, clever tactic in computing to deal with handling shared revisions to information seamlessly and concurrently. Few noticed.

Nearly 20 years later, transactional memory is an idea that’s now the rage in hardware computing, and Herlihy, computer science professor at Brown University, has morphed into a prophet of sorts, a computing pioneer who was far ahead of his time. Intel recently announced that transactional memory will be included in its mainstream “Haswell” hardware architecture by next year. IBM has adopted transactional memory in the Blue Gene/Q supercomputer. The original paper by Herlihy and Eliot Moss has been cited more than 1,300 times. (more…)

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IBM and ZSE Create Virtual Green Highway for Electric Vehicles

*E-Mobility Project Identifies EV Charging Station Options between Two Cities*

Armonk, NY and Slovakia – 09 Apr 2012: IBM today announced it has teamed with Západoslovenská energetika, a.s. (ZSE), the largest distributor and supplier of electricity in Slovakia, on a smart energy “feasibility” study that will help prepare the capital city Bratislava for electric vehicles (EVs).

Using e-mobility technology, the study will help identify the possibilities of connecting two neighboring metropolitan areas – Bratislava, Slovakia and Vienna, Austria with a “green” highway. This highway will interconnect the two cities with a network of public charging stations for electric vehicles. (more…)

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Free iPad App from IBM and Eames Office, Reinvents Iconic ’60s-Era Infographic on History of Math

*Vintage Timeline Designed by Charles and Ray Eames Continues to Inspire Interest in Math and Science*

ARMONK, N.Y. – 05 Apr 2012: To celebrate the history of math and its impact on the world, IBM has released Minds of Modern Mathematics, an iPad app that re-imagines a classic 50-foot infographic on the history of math created by husband-and-wife design team Charles and Ray Eames and displayed at the 1964 World’s Fair in New York City.

The app, which can be downloaded from the iPad App Store, is an interactive vintage-meets-digital experience for students, teachers, and tech fans that illustrates how mathematics has advanced art, science, music and architecture. It reinvents the massive timeline on the history of math from 1000 AD to 1960 that was part of Mathematica: A World of Numbers…and Beyond, IBM’s milestone World’s Fair exhibit. (more…)

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