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IBM to pay $1.2B for analytics developer SPSS

IBM to pay $1.2B for analytics developer SPSS

SPSS specializes in predictive analytics tools that help companies mine historical business data to identify future trends that they can exploit for greater efficiency or profit. IBM sees potential applications for SPSS tools in helping financial services companies retain customers, preventing crime and picking the optimal site for a new store or factory.
IBM is intent [...]