A growing number of established and emerging software and technology vendors are seeking to take advantage of the convergence of Big Data and the cloud. None has made a bigger bet than IBM. Since 2005, IBM has spent more than US$16 billion on 35 acquisitions to boost its analytics capabilities. The company is hoping that this investment will generate approximately $20 billion in annual sales analyzing business data by 2015 — a $4 billion jump from its current level.

The company isn’t being coy about its goals. Click here to read my views about IBM’s big bet on Cloud analytics. And, don’t forget to attend the Cloud Analytics Summit on Thursday, May 2 in NYC, hosted by THINKstrategies, the Cloud Computing Showplace and Rising Tide Media.

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