International Business Machines Corp. (NYSE:IBM), the technology giant in the field of computing, has decided to devote its resources for the development of data analytics tools that will be free for everyone. IBM, being one of the most profitable companies in the world invests in multiple projects with various universities around the world. This time, it is for the free data analytics technology development in collaboration with University of California at Berkley.
The New Technology Center
The company opened its new technology center in San Francisco last week. The focus of this center will be the development of free, open source software project. It looks like it is related to the free data analytics technology that will be developed by International Business Machines Corp (NYSE:IBM). The center has hired 20 people as of now. Rob Thomas, an IBM executive, commented that the company plans to hire hundreds of people in the near future to focus on the open source software project called Spark.
Spark – The Open Source Analytics Software
Spark is the open source project developed by the University of California at Berkley that allows large amount of data to be analyzed with faster speeds. The software is reported to perform analytics faster than existing technologies like Hadoop. This software uses fast memory computers to store information. IBM believes that Spark will be the new face for data analytics.
The company announced today that Spark will be made available as a cloud based service on the BlueMix cloud platform.
International Business Machines Corp (NYSE:IBM) has engaged in a project called SystemML free. This is related to Spark. The project uses machine learning technology to allow people to spot patterns in the data using Spark. The software is released to Spark community.
International Business Machines Corp (NYSE:IBM) has seen decreased demand for its data analytics software in the recent years. It has focused on gaining profit by allowing startups to use its resources in return for commission. However, with the support for Spark, things will change in the coming months.