IBM seems to be placing all of its bets on Big Data

IBM is utterly focused on big data and analytics as its future growth engines, according to its annual report published over the weekend. But the company has hedged a little on the future of its semiconductor and hardware businesses. Rometty claims IBM has “built the world’s broadest and deepest capabilities in Big Data and analytics.” Big Blue apparently has 15,000 people in the field, including 400 mathematicians, and is now directing two thirds of its research effort towards analytics.