Software

Yahoo news, Wed May 13, 2009, NEW YORK (Reuters) -

IBM Corp is set to begin selling a long-awaited software aimed at helping companies analyze real-time data, ranging from traffic data to manufacturing processes, to find more efficient ways to run their business.

IBM, which has shifted its focus from computers to higher-margin software and services over the past decade, said the new software, named IBM System S, will be available from Friday following six years of development.

The software is designed to analyze streams of real-time data and could help financial institutions monitor transactions and analyze risks, or help hospitals monitor patients to detect problems early, the company said.

Nagui Halim, head of IBM's stream computing project, said the software can be used for "anything that has a situation where vast amounts of data are available at real-time."

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http://www.intelligententerprise.com/blog/archives/2009/05/the_real_story.html

NY Times: I.B.M. Unveils Real-Time Software to Find Trends in Vast Data Sets