Karlin Lillington of The Irish Times reports, “At IBM’s Almaden research centre in the hills just outside of San Jose, big data is a big part of current research. While much of the work that happens at Almaden is ‘blue sky’ research that looks far into the future, many of the big data projects, involving collaborative work with current IBM clients, are likely to have more immediate applications.” One such project is using text analytics to help accelerate pharmaceutical research: ” ‘Developing one drug is a 10- to 15-year cycle,’ says Ying Chen, a researcher, master inventor and manager in IBM Almaden services research. ‘They say developing drugs is like casino gambling. The blind alley is a big problem in this industry. The drug failure rate is around 90 per cent’.” Read more