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IBM Introduces Predictive Analytics Software And Services That Forecast Asset Failure

"Analytics technology gives us valuable insight into trends and what we can expect in the future," said Michael Hausser, Director of Asset Management and Supporting Services, Transportation and Public Works Department, City of Cambridge.  "We were heading toward a point where reliability of service would be reduced and we'd be beyond our resource capacity to re-actively resolve issues in a timely manner.  We are in transition to be more proactive and gain efficiencies in day to day maintenance management activities."

IBM Signature Solution – Predictive Asset Optimization

According to engineering estimates, the U.S. will need to spend $2.2 trillion over the next five years just to bring national infrastructures up to date.  This includes improvements to roads, bridges, water supply, sewers, electrical grids, telecommunications and more.  Understanding the data about those systems, and generated by those systems, has never been more urgent.   

IBM is introducing new capabilities through its Predictive Asset Optimization solution, that provides deeper insights into the health of an organization's assets by proactively maintaining and reducing operation and maintenance costs This broadens IBM's capabilities and portfolio of IBM Signature Solutions, that take the power of predictive analytics to new levels of impact for the highest-priority issues of C-suite decision makers.

The Predictive Asset Optimization solution is implemented by IBM business consultants, supported by industry-leading applications management services capabilities, and cloud offerings. These capabilities are supported by IBM's Big Data technology platform that includes Hadoop, stream computing, data warehouse, and information integration and governance capabilities, along with visualization and discovery, application development, systems management and industry accelerators. To date, the IBM Big Data platform has been adopted by more than 100 business partners, bringing a new class of analytics solutions to market and extending the reach of IBM analytics offerings for clients.

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