Posts tagged “IBM”
Digital marketing agencies are the hot acquisition target for IBM these days. On Wednesday, Big Blue said it was buying Germany-based Ecx.io. It's the third digital agency the tech giant has moved to buy in the past week.
Big Blue is further ramping up efforts to provide digital marketing services, acquiring a German firm that represents high-profile clients such as Airbus, Volkswagen and Siemens. Last week, IBM made its first digital agency deal, buying an Ohio-based company.
IBM says former Weather Co. CEO David Kenny will be the new boss for Watson, the Jeopardy-winning "cognitive computing" service that's a central element of CEO Virginia Rometty's campaign to find new revenue for the struggling tech giant. IBM also has formed a team of 2,500 to focus on IoT.
IBM, which is transforming itself under chair and CEO Ginni Rometty, is awarding the boss a $4.5 million performance bonus even though the company has seen revenue decline for 15 consecutive quarters. Part of Rometty's efforts now include the buying of a digital ad agency.
Alliance@IBM - the effort to unionize IBMers - is closing down. But a new Facebook page titled "Watching IBM" organized by long-time Big Blue workers Lee Conrad vows to "fulfill the information gathering and dissemination that the Alliance did." Among the first posts: A reiteration of a report that another round of layoffs is about to hit the tech giant.
IBM, which has reported a loss in revenue for 15 consecutive quarters, is reportedly gearing up for layoffs this week. The move comes less that a week after Big Blue cut severance pay allowances from as much as six months pay to one month.
IBM, which has seen revenue drop for 15 consecutive quarters as it realigns itself with more emphasis on cloud and cognitive computing, is buying live video streaming provider Ustream. Plus: Read about IBM's new Cloud Video Services Unit.
Analysis: IBM's latest quarterly earnings report shows that Big Blue's transformation depends on accelerated software and services offerings, writes Technology Business Research Analyst Krista Macomber.
International Business Machines Corp. (NYSE: IBM) on Tuesday reported fourth-quarter net income of $4.46 billion even as revenue declined for the 15th consecutive quarter. "We continue to make significant progress in our transformation to higher value," says its top executive.
Worldwide platform companies such as Amazon and Uber have a market value of over $4.3 trillion and in less than a decade expanded internationally as far as IBM did in 50 years So says the first survey of platform companies undertaken by The Center for Global Enterprise (CGE), a nonprofit research institution devoted to the study of the contemporary corporation.
IBM produced 7,355 U.S. patents in 2015, leading the way in intellectual property protection and development for the 23rd consecutive year. Leading the effort: More than 2,000 patents in cognitive and cloud computing. Amazon, meanwhile, is surging. And U.S. firms make up the highest percentage of the top 50 firms in a decade.
The rapid changes in emerging technologies compel benchmarked vendors in Technology Business Research's Management Consulting Benchmark report such as Deloitte, PwC, EY and IBM to acquire or partner to remain competitive.
Lenovo: Google back to China; Raleigh IT firm sold; Ford-IBM smart car play; Moto fingerprint scanners; Shire's $32B buy;
In today's Bulldog wrapup of technology and life science news: A Lenovo exec says Google is headed back to China; fast-growing Raleigh software firm is sold; Ford picks IBM for smart car play; Lenovo Moto phones get fingerprint sensors; and drugmaker Shire is buying Baxalta for $32 billion.
Alliance at IBM, which sought to unionize Big Blue workers since 1999, has given up the fight. In an email Tuesday, the Alliance said it had "suspended" its efforts. Alliance had become a big source of information about layoffs and other news within the tech giant but failed to land more than a few hundred members.
Steven Mills, an IBM veteran since 1973, stepped down as executive vice president of software and systems, Big Blue disclosed Monday. Mills once turned down the chance to become CEO at HP, according to Reuters. One analysts says "new blood" might be helpful for IBM.
Analysis: Rather than fighting the current and succumbing to deepening revenue contraction in IT outsourcing, IBM stays afloat by refocusing its Global Technology Services (GTS) capabilities to address evolving enterprise IT needs and drive business outcomes through cloud, analytics, automation and cognitive computing technologies.
AT&T says it will "transition" its managed applications and managed hosting services to IBM in a deal announced Thursday after the markets closed. IBM will gain data space in AT&T data centers, but AT&T will keep networking and cloud services.
Analysis: IBM's acquisition of Georgia video technology startup Clearleap is part of Big Blue's strategy to build ways to monetize video, writes Technology Business Research analyst Cassandra Mooshian. TBR estimates IBM paid as much as $250 million for the company.
The World Intellectual Property Organization says China cranked out patent applications at a record pace last year. Its total of just under a million outstripped the U.S. and Japan combined as demand for intellectual property rights surges.
Can cognitive computing help develop better treatment for the scourge of diabetes? Novo Nordisk, the world's largest maker of insulin which is used to treat the disease and operates a huge, growing plant in Johnston County, is about to find out. The company will use IBM's Watson.