This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IBM Delivers New Software To Help Organizations Build Smarter Products

ARMONK, N.Y., Nov. 9, 2012 /PRNewswire/ --   IBM (NYSE: IBM) today announced new software to help organizations bring intelligence to the products, systems and applications people use everyday. From creation to development and delivery, the new software simplifies the entire process enabling organizations to reduce costs, address compliance and regulatory requirements and ultimately get innovative products to market quickly.

(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

From cars to surgical robots, everyday products and systems are becoming more sophisticated due in part to an infusion of software. As products become more intelligent, the number of interactions between the software, mechanical and electrical components increases and becomes more complicated. The challenge for businesses that build these "smarter products" is how to address this complexity without slowing development or increasing costs.

With the new IBM Engineering Lifecycle Manager software engineers can now step back and view a project in its entirety to better understand the hundreds of thousands of complex interactions. The software provides searching, querying, viewing and impact analysis across multiple engineering disciplines. This more holistic view of the project helps an organization make better design decisions by identifying potential conflicts and variables that could delay the project and cause cost overruns.

"The formula is simple. To succeed companies must deliver innovative products faster and at a lower cost than their competitors," said Kristof Kloeckner, general manager IBM Rational Software. "The new offerings from IBM help organizations move beyond the siloed development process of the past 10 years, integrate the engineering disciplines and see the big picture to ultimately develop, test and deliver a better solution."

To hear more from Kristof on the new software from IBM visit: http://bit.ly/U9YXHv.

Everywhere people turn today, the addition of software into products and systems is enabling exciting new capabilities.  Keeping up with these advances can be challenging for the developers. For example, a new car can have 5 to 15 million lines of software code that are reliant on and integrate with thousands of mechanical and electrical components.  If there is a change to the software that controls the automatic braking system of the car, the product development team needs to assess the impact of that change to other software code and systems.

Without the new IBM software, answering questions such as will the braking system still work or will this cause the project to go over budget, could take months of compiling data by hand from external sources. With the new IBM software, engineers could run a query and quickly identify and analyze the dependencies between the potentially thousands of systems and software design artifacts.

Failure to understand these dependencies and relationships can be costly.  Systems engineering mistakes are estimated to cost companies more than 22 billion dollars in the United States alone.  When you consider the increasing compliance requirements faced by many industries the risk increases. One compliance failure generates an estimated $81 million dollars in extra costs for firms earning more than $1 Billion dollars in revenues.

The Need for Continuous Delivery

As mobile applications, devices and systems are becoming more sophisticated, market demand for personalization, customization and frequent updates has skyrocketed. The ability to continuously deliver high quality software to the market quickly and efficiently is now key to competitive advantage.  In a forthcoming IBM Institute for Business Value study, 54% of companies identified software development as crucial to their competitive advantage, yet only 25 percent said they are able to leverage software for competitive advantage today.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,123.96 -404.07 -2.44%
S&P 500 1,926.84 -45.34 -2.30%
NASDAQ 4,681.7950 -94.7130 -1.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs