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IBM announced it has completed the acquisition of Vivisimo, a leading provider of federated discovery and navigation software that helps organization access and analyse big data.
Vivisiomo software automates the discovery of big data, regardless of its format or where it resides, providing decision makers with a federated view of key business information necessary to drive new initiatives, The combination of IBM and Vivisimo software accelerates IBM’s big data initiatives to help clients analyse the volume, variety, and velocity of big data for strategic advantage.
IDC estimates the market for big data technology and services will grow at an annual rate of nearly 40 percent to reach $16.9 billion by 2015. IBM is uniquely positioned to address this opportunity with the industry’s broadband portfolio of capabilities including software, hardware, services, and innovations develop by IBM Research such as stream computing and IBM’s Watson system.
Vivisimo will be integrated into IBM’s big data platform which can analyze any data in motion or at rest. Vivisimo has more than 140 clients in industries such as government, life sciences, manufacturing, electronics, consumer goods and financial services. Clients include Airbus, U.S. Air Force, Social Security Administration, Defence, intelligence Agency, U.S. Navy Procter & Gamble, Bupa, and LexisNexis among others.
With the closing, approximately 120 Vivisimo employees will join IBM’s Software Group. IBM will incorporate Vivisimo technology into big data platform and sell Vivisimo products individually.