cloud | WRAL TechWire - Part 6

cloud

Kenexa acquisition to drive IBM’s growth in the cloud

RESEARCH TRIANGLE PARK, N.C. – Kenexa provides IBM another portal to access the business-critical data that fuels a “smarter planet,” according to Technology Business Research. Kenexa marks an entry point in the SaaS market and complements existing analytics solutions IBM’s acquisition activity throughout 2012 reflects the company’s long-term growth goals in the cloud and business analytics, with second quarter acquisitions such as Varicent Software and Tea Leaf in 2012 providing capabilities and solutions that enable expansion in both of these markets. IBM projects its cloud and Business Analytics businesses to contribute approximately $7 billion and $16 in revenue, respectively,...

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Big Blue’s plays in ‘Big Data’, analytics, ‘cloud computing’ are paying off

Editor’s note: Allan Krans is senior analyst with Technology Business Research. HAMPTON, N.H. – IBM Software reported its highest year-to-year quarterly revenue growth since 2Q05, growing 16.9 percent from a year ago to $6.2 billion in 2Q11 as part of a strong overall quarter performance as outlined Monday. (For full earnings report coverage, read here.) IBM’s (NYSE: IBM) branded middleware revenue grew 21 percent year-to-year, led once again by WebSphere, which grew 55 percent to $741 million. IBM’s investments in information management, specifically [business intelligence] and analytics, and Smarter Planet began to bear fruit in 1Q11. IBM’s WebSphere revenue...

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