IBM’s new predictive analytics software
Technology major IBM announced its new predictive analytics software that automatically correlates and analyses big data to help clients embed hyper-intelligence into every business decision. According to a release from IBM, the software also generates insights on internal data in a matter of seconds, measures the impact of social networking channels, and factors this information into organisational decision-making.
The company said that this software represents a new class of decision management capabilities that revolutionises the way organisations gain, share and take action based on information gathered as part of business processes such as marketing, claims processing and fraud detection.
The Analytical Decision Management software is part of a series of IBM Smarter Analytics.
In a release, Deepak Advani, vice-president, Business Analytics Products and Solutions, IBM, said: “With these new technologies, organisations can apply automated, real-time analytics to any operational data no matter where it resides, and instantly analyse it to uncover trends and expose hidden paths to growth.” As a result, insights can now be automated, socialised and used for predictive decision-making, he added.
Demystifying smart grids
German ERP solutions major SAP Labs has showcased the utility of smart grids in today’s world through their smart grid model at the ongoing Indo-German Urban Mela on Palace Grounds in Bangalore. The hands-on model shows how a smart grid can conserve energy obtained through sustainable sources during high energy supply and canalise this in order to maintain a constant flow of energy. In this way, blackouts and scarcity of energy supply is avoided during peak hours. In a media release, Clas Neumann, senior Vice-President and Global Head, SAP Labs, said: “The need for a sustainable tomorrow has led to the development of solutions that help us achieve this. SAP recognises the need for energy channelisation and conservation in today’s rapidly evolving world. We are thrilled to showcase our model at the Indo-German Urban Mela to educate visitors on how ICT-enabled energy infrastructure can be used to tap and utilise sustainable sources of energy.” The Indo-German Urban Mela offers a slice of technology, science, culture and entertainment and showcases various fields where the two countries have collaborated.
Social media and the workplace
More than one out of three Indian employees feel that social media has become an integral part of the workplace in India, while a majority has responded positively to the fact that social media has become an all-pervasive part of their work lives too, according to the latest survey results from global workforce solutions firm Kelly Services.
The Kelly Global Workforce Index (KGWI) is an annual study, which surveyed 5,000 people in India (out of 1.7 lakh surveyed globally across 30 countries). A third of respondents from India also said they felt it is acceptable to share opinions about work with friends and colleagues on social media. The survey indicates that some companies are objecting to the use of social media in the workplace and perceive it as something that may impact productivity.
One in five employees testified that they were asked to stop using social media during work hours. The release from Kelly Services stated that when asked on other work- and employment-related uses of social media, around 54 per cent of respondents said they were more inclined to search for jobs via social media rather than through traditional methods such as newspapers, online job boards and recruitment firms.
Award for simulation
Tata Interactive Systems (TIS), a technology learning solutions provider, won the 2012 LearnX Asia Pacific award in the Best Game or Simulation category for developing ‘Philips Outdoor Lighting Controls’, an investigation game, where players extensively use the interview format to deduce information about customers and use that information to build compelling solutions.
In a press release, TIS said that the game gets people to apply their knowledge successfully in sales scenarios they are likely to encounter. “The award recognises our capability to conceptualise and produce quality learning content that helps enable organisational initiatives across industry verticals,” said Kshitij Nerurkar, Chief Operating Officer, Tata Interactive Systems, in a release. “Serious games involve players in a ‘recreational’ activity, thereby making them more receptive to the message being delivered. There is often a greater degree of internalisation when serious games are used to explain concepts.”