IBM Announces Advanced Analytics to Help Revenue Agencies Optimize Tax Auditing Process

saving agenciesthe expense of investing in additional IT infrastructure. In most cases,revenue agencies have achieved a significant return on investment withinone year of implementing the Tax Audit and Compliance Solution. One U.S.state revenue agency, for example, indicated that it realized U.S. $80M inthe first two years of using the system to detect a single audit issue.

The solution leverages the same base technology that has deliveredtremendous results for healthcare organizations looking to identifyfraudulent claims. This technology is also part of the recently announcedIBM Identity Risk and Investigation Solution, which analyzes employees'online behavior to thwart insider attacks, and it is also used in a programdesigned to detect Medicaid provider fraud, waste and abuse.

The Tax Audit and Compliance Solution was developed by the IBM Center forBusiness Optimization. This group is putting analytics to work by tappinginto IBM's deep computing skills, industry consulting expertise and IBMResearch's mathematical modeling capabilities to develop solutions thathelp fight crime, abuse and fraud on a number of fronts. In addition torisk management optimization, the Center offers solutions in the areas ofcomplex supply chain optimization, marketing investment optimization anddynamic pricing optimization. The Center is part of IBM Global BusinessServices. For more information, visit: www.ibm.com/services/cbo.

About IBM Global Business Services

With consultants and professional staff in more than 160 countriesglobally, IBM Global Business Services is the world's largest consultingservices organization. IBM Global Business Services provides clients withbusiness transformation and industry expertise, and the ability totranslate that expertise into integrated, responsive, on-demand businesssolutions and services that deliver bottom-line business value. IBM GlobalBusiness Services provides leading transformation consulting across a rangeof industries as well as in the following key business function areas:Strategy and Change; Applied Technologies; Application Services; FinancialManagement; Human Capital Management; Marketing; Sales & Services; andSupply Chain and Procurement.

Media Contact:

Linda HansonIBM Corp.914-766-2015hansonmu@us.ibm.com

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