It’s not quite Minority Report but the Charleston Police Department in South Carolina aims to predict and prevent crimes from happening with the help of IBM’s data analytics tools.
In IBM’s Almaden Research Center in San Jose, California Andreas Heinrich gets to explore. His quest: Demonstrate that very few atoms are needed to store information. Why would anyone care? Because size matters.
By Nicola Leske
In the fickle world of fashion, the skill to predict what will be en vogue next is invaluable to retailers around the world.
While some will argue that it takes style and expertise to predict what customers will want to wear even before they know it, IBM begs to differ.
It comes down to science, specifically IBM’s analytics software.
Take shoes for example, in particular the height of heels.
“We used IBM software to identify those who are the influencers online by searching the web for blogs about shoes,” said John Buscemi.
“We found tens of thousands and narrowed it down to those who were linked to a lot and who in turn linked to a lot of other people…if you had a map they would sit at the center of the social network,” Buscemi said.
According to that analysis, heels are coming down.
“Key trend-watching bloggers between 2008 and 2009 wrote consistently about heels from five to eight inches, but by mid 2011 they were writing about the return of the kitten heel and the perfect flat from Jimmy Choo and Louboutin,” said Trevor Davis, a consumer expert with IBM’s Global Business Services.
IBM said the data could be used by shoe manufacturers and retailers looking for insight into the kind of shoes to manufacture and sell in the coming season — and could potentially put fashion consultants out of business.
By the way, high heels have traditionally been linked to a falling economy — think high heel pumps during the Great Depression and stilettos following the dot-com bust a decade ago.
But this time the decline of the heel may not be a sign of an economic upturn but a grudging acceptance of a long road ahead best to be taken on more modest shoes.
“Usually, in an economic downturn, heels go up and stay up – as consumers turn to more flamboyant fashions as a means of fantasy and escape,” Davis said.
“This time, something different is happening — perhaps a mood of long-term austerity is evolving among consumers sparking a desire to reduce ostentation in everyday settings.”
Apple said it sold 4 million iPhone 4S devices in the new smartphone’s first three days on the market, setting up a strong December quarter for the world’s largest technology company. Helped by availability in more countries and on more telecommunications carrier networks, the iPhone 4S, which went on sale last Friday, managed to outshine the iPhone 4, which sold 1.7 million over its first three days. Unveiled just a day before Steve Jobs died, it was initially dubbed a disappointment, partly because it looked identical to its predecessor. But anticipation of its “Siri” voice software helped it set an online record in pre-orders on October 7.
Nvidia, which got its start making processors for computer game enthusiasts, has won another victory for parrallel computing with the inclusion of its graphics chips in what is expected to be the world’s fastest supercomputer.
Apple promoted veteran exec Eddy Cue to oversee Apple’s advertising service called iAd and iCloud, according to a leaked memo published by 9to5Mac. Cue played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008, new CEO Tim Cook said in the email to employees.
Sony will post its third straight annual net loss for the year that ended in March after writing off tax credits in the wake of Japan’s earthquake and tsunami, the latest in a string of grim headlines on the consumer electronics giant. The firm, which previously forecast a net profit of 70 billion yen for 2010/11, surprised markets on Monday by declaring the need to update investors with revised estimates ahead of its official earnings report on Thursday. Sony said it now expected to post a net loss of 260 billion yen ($3.2 billion). The annual net loss would be Sony’s second-largest ever.
Intel forecast quarterly revenues well above Wall Street’s estimates despite a hiccup in sales of its Sandy Bridge processors after the discovery of a chipset design flaw and defying fears the world’s top chip maker is struggling to find its footing as personal computer sales growth wanes.
It may have been the most anticipated tech earnings conference call of the year.
It’s a good bet many many folks in Silicon Valley, and tech investors in general, were dialed in to Oracle’s presentation on Thursday, eager to hear the first public utterances of new president Mark Hurd, the recently exiled CEO of technology giant Hewlett-Packard.