IBM aquired SPSS on Friday after shareholders  approved the $1.2bn deal.SPSS’s statistical and analytics packages will be integrated into IBM’s information management suite.

SPSS Inc. (Nasdaq: SPSS), the leading provider of Predictive Analytics software and solutions, brings even greater power of prediction with the launch of PASW® Statistics 18 (formerly SPSS Statistics), the latest version of its leading statistics software suite used by commercial, government and academic organizations to solve industry and research problems.

The addition of SPSS will help IBM deliver market-leading, comprehensive predictive analytics capabilities including data collection for market research and feedback management, text and data mining, advanced statistical analysis and predictive solutions, enabling customers to gain insights into complex questions, predict potential future outcomes and take action.

The acquisition strengthens the range of offerings available through the recently announced IBM Business Analytics and Optimization consulting organization, with its 4,000 consultants lending expertise to help clients better use their information for smarter business outcomes. And, it is in alignment with IBM’s broader business strategy, which combines organic growth with acquisitions to move the company into higher value capabilities that accelerate margin expansion.

About IBM:

Additional information about IBM’s business analytics and optimization strategy is available at:http://www.ibm.com/software/data/new-intelligence/

For more details about the combination of IBM and SPSS see:http://www.ibm.com/software/data/info/spss/

About SPSS:

SPSS Inc. is a leading global provider of Predictive Analytics software and solutions. The Company’s complete portfolio ofPredictive Analytics Software (PASW) products – data collection, statistics, modeling and deployment – captures people’s attitudes and opinions, predicts outcomes of future customer interactions, and then acts on these insights by embedding analytics into business processes. SPSS solutions address interconnected business objectives across an entire organization by focusing on the convergence of analytics, IT architecture and business process. Commercial, government and academic customers worldwide rely on SPSS technology as a competitive advantage in attracting, retaining and growing customers, while reducing fraud and mitigating risk. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For more information, please visit www.spss.com.

Tags: New, Technology, Tools

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