IBM has been trying to build up its analytics technology by acquiring some key companies, in hopes that another company will offer more insight with newer, fresher ideas. In fact, IBM’s spent a whopping $16 billion on analytics-related acquisitions since 2005, taking in over 30 companies into its fold.
We have been tracking IBM’s acquisitions over time, as well as the company’s growth in analytic technology. Here’s a handy cheat sheet of IBM’s most recent analytics developments:
Big Blue’s big picture
IBM bought out the small company StoredIQ. Although StoredIQ only had on average around 120 clients, the clients were in government, finance and healthcare, just to name a few. What intrigued IBM was the company’s ‘lifecycle governance’ software because it was a great fit with the company’s own lifecycle governance of tools, which helped other companies lower the cost of storing while gaining a better understanding of their big data.
IBM was looking to make Splunk its first major acquisition for the new year, but Oracle may butt in and offer a higher bid than IBM. IBM is interested in acquiring Splunk due to its amazing data analysis products and IBM is looking to strengthen its own data analytics.
Here’s a look at last year’s biggest acquisitions. IBM is on the list, due to acquiring Vivisimo, a company that specializes in enterprise search, last April. A month later, IBM picked up Varicent, a data analytics company.
Security in analytics
Last week IBM acquired Star Analytics, a privately held, Redwood City, Calif-based company that makes process-automation software for hybrid cloud deployments. Its offering helps enterprises integrate data with reporting tools and business intelligence apps, on premise or from the cloud, a complex task that is impractical to carry out manually in large corporate environments.
Star Analytics’ solutions will be offered to client organizations that run data-intensive financial apps. She indicated that the software will be integrated with IBM’s performance management and business intelligence solutions.
IBM bought out Worklight, a private firm that specializes in app creation, for an undisclosed amount of money. IBM’s Bob Sutor believes that the company is pushing in the right direction with its purchases.