Social Wimbledon: Brought to you by Wimbledon Insights

In another first for Wimbledon 2013, IBM is showing how social media analytics can bring new insights for organisations by analysing what the world is saying about them.

In another first for Wimbledon 2013, IBM is showing how social media analytics can bring new insights for organisations by analysing what the world is saying about them.  In this video, IBMs Solution Architect for Big Data and Analytics, Chris Thomas, explains what the new social sentiment tracking system can do. As well as measuring volume and the geographic origin of tweets, it can show whether conversations about each player are predominantly positive or negative. This can be tracked in real time and linked to match play, illustrating how fans feel about the course of events on court. There are other uses for this social media data too.  The flow of conversation can help predict the peaks and troughs in demand for web services, allowing the cloud-based server provisioning to be adjusted automatically in line with demand. IBM Content Analytics could pay dividends for other organisations and businesses too, allowing, for example, the conversations around a brand to be tracked in real time against product releases and advertising campaigns, providing hugely powerful customer insight.

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George Osborne takes up job at BlackRock - but what does it mean for politics?

The former Chancellor insists he hasn't forgotten about the Northern Powerhouse.

George Osborne is to take up a part-time role at asset management giant BlackRock.

The former Chancellor is understood to have been hired by the chief executive of the world's biggest investor, Larry Fink. He will be working alongside his former economic adviser Rupert Harrison.

The appointment has been approved by the Independent Appointments Committee and Osborne intends to continue as a backbench MP.

He said: "I am excited to be working with the BlackRock Investment Institute as an adviser. BlackRock wants better outcomes for pensioners and savers - and I want to help them deliver that. It's a chance for me to work part-time with one of the world's most respected firms and a major employer in Britain. 

"The majority of my time will be devoted to being an MP, representing my constituents and promoting the Northern Powerhouse.  My goal is to go on learning, gaining new experience and get an even better understanding of the world."

Once tipped as a future Prime Minister, Osborne's career ambitions were stymied after he backed Remain in the EU referendum and was sacked in Theresa May's Cabinet reshuffle. Whether he will find the halls of fund managers more comfortable than the green back benches is yet to be seen, but for now he has been clear he intends to continue his constituency duties. 

He will work at the BlackRock Investment Institute, which researches geopolitical, technological and economic trends. 

He is expected to provide insights on European politics and policy, Chinese economic reform, and trends such as low yields and longevity and their impact on retirement planning. 

While the pay packet has not been officially confirmed, Sky News quoted a source saying it would be hundreds of thousands of pounds.

But the move will also place a pro-Remain former Chancellor at the heart of the City of London, just as his Tory front bench is losing its support over Brexit negotiations.

Speaking shortly after the EU referendum vote, BlackRock chief executive Fink said he "didn't get a lot of sleep" the night of Brexit, and that the decision had led to greater uncertainty. 

 

Julia Rampen is the editor of The Staggers, The New Statesman's online rolling politics blog. She was previously deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines.