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IBM has created a new consulting organization dedicated to business analytics and optimization. According to the company, IBM Business Analytics and Optimization Services will draw on its expertise in vertical industries, research, mathematics and information management. The goal is to help clients boost the speed and quality of business decisions, while achieving a better understanding of consequent outcomes. The move marks the first launch of a new service line by IBM Global Business Services since the group's formation in 2002, following the acquisition of PricewaterhouseCoopers Consulting. The service will also draw on IBM's resources in information management, including technologies from the recent acquisitions of Cognos and iLog. Experts from IBM research laboratories, incorporating more than 200 mathematics and analytics experts, will work with more than 4,000 consultants around the world. In recent years, IBM has launched a number of pilot initiatives leading to formation of the new Business Analytics and Optimization service line, including the IBM Center for Business Optimization, created five years ago.
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