IBM
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IBM Reports Higher-Than-Expected Q1 Profit, But Revenue Of $19.6B Disappoints
Following the cessation of regular trading this afternoon, IBM reported its first-quarter financial performance. The company reported higher-than-expected adjusted profit on a per-share basis of $2.91, but the company’s $19.59 billion in period-revenue was under street expectations of $19.64 billion.
The company now has a run of 12 straight quarters of declining revenue.
IBM’s… Read More
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IBM And Apple Release Eight More Enterprise Apps For Healthcare, Airlines And More
Apple and IBM’s partnership that has the companies working together to produce enterprise-friendly apps has expanded yet again with the addition of eight more apps designed for iOS devices, including the iPhone and iPad, bringing the total number of MobileFirst apps up to now 22. The new apps are focused on the healthcare and industrial products industries, following prior announcements… Read More
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Sensai Raises $900K To Help Data Scientists Query Unstructured Data
Data analysis often involves looking at a large set of pretty uniform, well-structured data. But as companies continue to gather more electronic documents in all kinds of forms (and formats), those traditional techniques don’t work anymore. Companies like Palantir and IBM (with Watson) are now making it easier for data scientists and technical users to query unstructured textual… Read More
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IBM Launches Major Internet Of Things Offensive
IBM is wasting little time when it comes to the Internet of Things. The company outlined a major Internet of Things strategy tonight with a series of announcements that included a $3B investment to establish an Internet of Things unit inside of Big Blue along with a partnership with The Weather Company.
The Internet of Things refers to the growing network of sensors on everything from… Read More
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IBM Watson Group Buys AlchemyAPI To Enhance Machine Learning Capabilities
IBM Watson, the artificial intelligence platform made famous by beating the three best Jeopardy! champions ever several years ago, bought Denver-based AlchemyAPI today. It did not reveal the purchase price. The acquisition gives Watson a key piece of machine learning technology. The deal also gives it access to community of over 40,000 AlchemyAPI developers, who are building cognitive… Read More
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Apple-IBM Partnership Sprouts Latest Set Of Apps At Mobile World Congress
When Apple and IBM announced a partnership last year, more than a few jaws dropped, but the two have been working together to create a new wave of enterprise-friendly apps — and announced the latest round to come out of the affiliation today at Mobile World Congress. At first glance, the meeting of these two companies may seem a case of technology making strange bedfellows, but they… Read More
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Who Wins The Battle of The Disrupted Tech Giants: HP Or IBM?
It’s been a rough several years for the once-mighty technology behemoths, HP and IBM, and while each has the cash and resources to chug along for years to come, both companies have struggled to find a foothold in a fast-changing market. HP once represented the archetypal Silicon Valley company, a pillar of the computer world, a place where a teenage Steve Jobs worked one summer and cut… Read More
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IBM Goes Deep With Comprehensive Cloud Initiative
IBM has been setting its sights on helping customers manage the hybrid cloud world, and today it announced a series of initiatives it hopes will make it simpler to manage a broad range of resources by treating them as a single entity. The hybrid cloud is a term used to describe a mixed computing environment that can include any combination of public cloud resources, private clouds and… Read More
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Sources Say IBM Planning On Laying Off 12,000 Over Next Year
Rumors have been swirling — and IBM’s stock has been rising — on reports that the company is planning a huge round of layoffs of up to 26% of its workforce, or 118,000 people. TechCrunch has been digging and has found out from two separate sources that there will in fact be job cuts, but not anywhere close to this magnitude. Multiple sources tell TechCrunch the 118,000… Read More
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The New IBM z13 Is Not Your Father’s Mainframe
In a time when IBM has been dumping its x86 server business, and the mainframe would seem a relic of a bygone day, Big Blue took five years and invested a cool $1B to develop a new mainframe beast for the modern mobile era. You want a high-end computing system for a contemporary company, the new system dubbed the z13, is smokin’ and has been designed specifically to handle… Read More
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