IBM
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Watson Financial Services is born out of IBM’s purchase of Promontory Financial Group
If Nathan’s Hot Dog Eating Contest had a big data eating contest brother, IBM would be a serious contender for first place. Today the tech stalwart announced that it had come to an agreement to acquire Promontory Financial Group. To make sense of this deal, you have to avoid relegating Promontory into the small box of financial services. Instead, it’s most practical to think… Read More
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IBM releases DataWorks to give enterprise data a home and a brain
While the gears of research are turning fast developing new methods of machine intelligence, another, perhaps more impactful, trend is brewing in the field. Open source frameworks like Apache Spark are hitting their stride at the ideal time to put data analytics in the hands of the business development analyst without forgetting about the needs of the data scientist. IBM’s new… Read More
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Besties IBM and Box create a workflow tool for regular folks
When Box praised its partnership with IBM at its earnings call last week, it was holding one card close the vest. The two companies had been working on a new workflow tool, and today they announced Box Relay ahead of the BoxWorks customer conference this week in San Francisco. Workflow tools fall under the realm of Business Process Management (BPM) in the enterprise.… Read More
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Workday gives IBM big win with seven-year cloud deal
Workday announced a 7-year cloud infrastructure deal with IBM Softlayer today to run their development and testing services on IBM’s cloud, handing IBM a huge win in the process.
The Wall Street Journal first reported the news.
It’s a big deal from a number of perspectives. First of all, it’s the size and scope of the deal, running seven years. Secondly, it’s a… Read More
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HR 2.0 is the poster child for the next wave of SaaS innovation
The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there can be more to the story. Read More
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IBM beats the street in Q2 with sales of $20.24B, EPS of $2.95, cloud revenues up 30%
IT giant IBM has just posted its second quarter earnings, with revenues coming in at $20.24 billion and non-GAAP earnings per share at $2.95. The figures beat analysts’ estimates of $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25% from a year ago (GAAP net income was $2.5 billion, now 29%). And… Read More
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IBM survey says ads are the biggest reason people consider canceling their streaming video services
IBM’s Cloud Video division is releasing the results of a new survey looking at the behavior of subscribers to video-on-demand services like Netflix and Hulu. Perhaps the most interesting answers were about how many people canceled their subscriptions and why. According to IBM, 31 percent of respondents said they’d canceled a streaming video subscription in the past, but that… Read More
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IBM expands its cloud with SugarCRM platform integration and VMware Horizon Air deal
IBM has been trying to carve out a place for itself as a go-to cloud repository for all enterprise software services — not just those IBM builds itself. And today, two of its earliest partners in that realm announced new services that take their relationships to the next phase. VMware, a big player in desktop virtualization, will now offer its Horizon Air cloud-hosted desktops and… Read More
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IBM raises its blockchain game with secure cloud services and Docker integration
Bitcoin may still be the most famous application of blockchain technology, but the distributed, encrypted database architecture is now being applied to a range of other services, from different kinds of (non Bitcoin) financial transactions to anything else that requires secure tracking. And today, IBM laid out its claim for some of that new business: the IT giant announced a new set of… Read More
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IBM inks video deals with AOL, CBC, more; debuts quality live-stream over ‘commodity’ Internet
IBM today unveiled some significant strides forward in its bid to be a major player in the world of online and cloud-based video services, three months after the company acquired live-streaming startup Ustream and formed a cloud video unit. AOL (which owns TechCrunch), the Canadian Broadcasting Company, Comic-Con and Mazda have all signed on for IBM to provide online video… Read More
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