IBM has launched a Business Analytics Solution Center at New York as part of a network of global analytics centers to address the growing demand to build smart cities and help clients optimize all manner of business processes and business decisions.
The center will draw on expertise from its Business Analytics and Optimization consulting organization, IBM Research skills in mathematical modeling and optimization, software engineering, and architecture. The center will be supported initially by up to 450 staff with plans to retrain or hire an additional 100.
The center will initially focus on the development of infrastructure for smart cities, including public safety, transportation and traffic, water, and energy optimization. It will leverage its Smarter Cities Assessment Tool at the center. The center also will focus on supporting IBM's banking and financial markets clients in the development of systems to provide improved viability and tracking of their risk positions across all markets.
IBM Research is currently collaborating with the City University of New York (CUNY) and New York University (NYU) along with industry leaders to develop new technologies for cities.
The company recently opened three other analytics solution centers in Berlin, Beijing and Tokyo. The remaining centers will be located in London and Washington, DC. The company expects to retrain or hire as many as 4,000 new analytics consultants and professionals globally.
Phil Guido, general manager of the Eastern US at IBM, said: "We're seeing an incredible opportunity for businesses, institutions and governments to elevate the performance of all existing systems via advanced analytics. Through collaboration we are making this investment in New York to further develop necessary skills to apply analytics to the region's most complex challenges and biggest opportunities."
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