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Stories about: predictive analytics

British Police Trials Crime Predicting Software British police forces are trialing computer software which is able to pinpoint potential criminal hot spots from data fed to it. The system leverages statistical history and evaluates patterns to predict the places where crime is most likely to occur.Known as CRUSH (Criminal Reduction Utilising Statistical History), ... 26 July 2010 10:20 GMT IBM Acquires Analytics Software Maker SPSS for $1.2 Billion in Cash IBM has announced that it will acquire Chicago-based SPSS, a software company specializing in predictive analytics solutions. The deal is a cash-only transaction putting the per-share price of SPSS stock at $50, 42 percent over the closing trading price of $35.09 last night, which sets a $1.2-billion valuation fo... 28 July 2009 11:45 GMT