Information Technology Reference
In-Depth Information
el is interesting because it is attempting to restore patents to their primary purpose
of developing innovative products rather than being used to stop competition or to
force companies to buy their way out of patent litigation.
SolveIT Software
SolveIT was founded in 2005 in Adelaide, South Australia. The four cofounders
were Matthew Michalewicz, Zbigniew Michalewicz, Martin Schmidt, and Con-
stantin Chiriac. These four were also coauthors as well as cofounders. Their joint
book was
Adaptive Business Intelligence
, which was published in 2006 by Spring-
er and received favorable reviews on Amazon and other book sites. The topic dis-
cusses applying artificial intelligence to business problems.
SolveIT uses custom-designed software to apply predictive analytics and ar-
tificial intelligence to demand forecasting, scheduling, distribution, and supply-
chain optimization. Because the company was located in one of Australia's wine
regions, its early customers were from the wine industry, which is large in Aus-
tralia.
However, in 2008, it was approached by the Rio Tinto Iron Ore Company
and was asked to develop optimized solutions for mining operations. Seemingly,
SolveIT was successful, because many other mining companies became clients
and SolveIT established a mining unit to support its growing portfolio of mining
clients. In 2011, SolveIT won an Australian award for e-logistics and supply-chain
management. In 2012, SolveIT was acquired by a French company, Schneider
Electric.
Computers and software, combined with artificial intelligence and predictive
analytics, can solve a number of complex business and manufacturing problems,
some of which had been resistant to prior solutions. SolveIT is not the only com-
pany using predictive analytics, but it is an example that this field is growing and
becoming important to larger companies and larger industries.
Twitter
Twitter is interesting because it turned a novel way of communication called
mi-
croblogging
into one of the largest social networks in history. Twitter has become
so popular among so many people that it almost seems like an addiction. The ba-
sic concept is that users can issue short messages of up to 140 characters called
“tweets.” These are broadcast to “followers.”
Twitter was founded in 2006 in San Francisco, California, by Jack Derby. Twit-
ter is based on the concept of the
short message service
(SMS) that was introduced
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