IBM to set up data analytics hub in Greece



IBM_GreeceIBM announced on Tuesday its plans to establish a ‘Big Data and Business Analytics Centre of Competence’ in Athens, to expedite its ability to deliver technical and consulting capabilities in the region by drawing on an emerging generation of highly-skilled local expertise.

According to AMNA, in a press release, the global IT company stated that the new centre “will help companies to better leverage analytics and cognitive computing capabilities, improving business operations and enhancing their competitiveness in the global marketplace”.

Operating within IBM Greece’s services business, the new team will provide clients with world-class expertise based on IBM research, which dedicates two-thirds of its work to big data, analytics and the fast-emerging field of cognitive computing; the combined intellectual capital of IBM’s more than 30 big data and business analytics acquisitions over the past five years; access to 15,000 consultants and 400 IBM mathematicians globally who focus exclusively on big data and analytics; collaboration with 6,000 industry partners at a global level that work with IBM to help clients capitalize on big data; and insights from thousands of successful client engagements worldwide.

The new centre will lead big data and business analytics client engagements in the region, working closely with IBM’s global network of business analytics centres in Berlin, Beijing, Dallas, London, New York, Tokyo, Washington and Zurich.

“We believe that big data, business analytics and cognitive computing have a crucial role to play as enablers and as a source of competitive advantage for the Greek economy,” said Spyros Poulidas, general manager for IBM Greece & Cyprus.

“At IBM, we see big data as the next new natural resource that provides the basis for developing solutions, which offer not only business advantage, but also the platform to drive Greece’s competitiveness in the global marketplace.”

“By partnering with IBM and leveraging IBM’s strong business analytics capabilities in Greece, Alpha Bank is gaining better insight into the areas in which the bank operates, from retail banking to financial reporting, risk assessment, compliance and governance,” said Efstathios Kakogiannis, executive general manager for information technology and operations at Alpha Bank.

“This insight enhances our ability to better serve our customers, measure our performance and client satisfaction levels, as well as provide new services.”

Furthering its focus on big data and analytics in Greece, IBM is also collaborating with Athens University of Economics and Business to provide lectures, case studies and workshops on big data and business analytics.

IBM will also co-operate with the University of Piraeus on the development and design of hands-on practical sessions in business intelligence and business analytics modules of MBA programs. IBM experts will be involved by delivering practical training in order to solve business specific problems, using IBM’s state of the art tools, as part of the university’s MBA courses.