Tag Archives: ibm

IBM Announces Supercomputer to Propel Sciences Forward

*Blue Gene/Q tackles major challenges of the day, delivers up to 100 petaflops at peak performance*

ARMONK, NY – 15 Nov 2011: IBM today announced its next generation supercomputing project, Blue Gene/Q, will provide an ultra-scale technical computing platform to solve the most challenging problems facing engineers and scientists at faster, more energy efficient, and more reliable rates than ever before. Blue Gene/Q is expected to predict the path of hurricanes, analyze the ocean floor to discover oil, simulate nuclear weapons performance and decode gene sequences.

When it is fully deployed in 2012 at Lawrence Livermore National Laboratory (LLNL), the system, named “Sequoia”, is expected to achieve 20 petaflops at peak performance, marking it as one of the fastest supercomputers in the world. The capabilities this system represents will help ensure United States leadership in high performance computing (HPC) and the science it makes possible. Moreover, Blue Gene/Q is expected to become the world’s most power-efficient computer, churning out 2 gigaflops per watt. (more…)

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IBM Completes Acquisition of Algorithmics

ARMONK, N.Y. – 21 Oct 2011: IBM today announced the closing of its acquisition of Algorithmics. The acquisition expands IBM’s business analytics capabilities in the area of financial risk. Algorithmics provides software and services for improved business insights at banks and investment and insurance organizations to assess risk and address regulatory challenges. The purchase price is $380.2 million

Algorithmics’ capabilities, combined with IBM’s recent acquisition of OpenPages, gives clients a full array of financial and operational risk technology offerings and services to help with these challenges. The ability to gain granular insight into financial risks in advance provides businesses with critical information vital to their operations. (more…)

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IBM Joins European Consortium to Build a Smart Grid Using Renewable Energy

Armonk, NY and Copenhagen, Denmark & COPENHAGEN, Denmark – 13 Oct 2011: IBM today announced it has joined a collaborative consortium to help develop an energy grid that uses at least 50 percent of renewable energy sources, such as wind power, solar energy and biogas. Led by a European Union-funded consortium, the EcoGrid EU project will demonstrate a smart energy grid that will allow smart devices to use renewable electricity based on near real-time pricing and availability. (more…)

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Chinese Government and Businesses Continue to Embrace IBM Smarter Computing

*National Bureau of Statistics, Guizhou Provincial Health Department, and Guizhou Mobile leverage IBM optimized systems and cloud technology*

BEIJING and ARMONK, – 06 Sep 2011: IBM announced this week the continued adoption of its smarter computing systems, software, and services across China’s private and public sectors.

IBM is working with the China National Bureau of Statistics, Guizhou Provincial Health Department and Guizhou Mobile to help each build more advanced IT environments based on IBM’s optimized system architecture, data and analytics integration, and cloud computing capabilities. Through these smarter computing initiatives, each organization will improve their operational efficiencies and end-user services. (more…)

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IBM Turns 100

Chairman and CEO Samuel J. Palmisano Says Managing for the Long Term Will Drive Growth for Next 100 Years

ARMONK, N.Y., – 16 Jun 2011: IBM today is marking the 100th anniversary of its founding on June 16, 1911. To celebrate the milestone, the company is releasing a book, “Making the World Work Better: The Ideas That Shaped a Century and a Company,” debuting a new film, “Wild Ducks,” and ringing the Opening Bell at the New York Stock Exchange. (more…)

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IBM Helps City of Fort Worth and Tarrant County Create a Smarter Public Safety System

*New emergency response system helps improve efficiency and deliver better services to citizens*

ARMONK, N.Y., – 02 Jun 2011: IBM today announced it is helping Texas emergency responders in Fort Worth and Tarrant County’s joint emergency operations center (JEOC) better respond to calls for help and communicate instantaneously with dozens of agencies and departments across that state.

Fort Worth and Tarrant County are two of the fastest growing jurisdictions in Texas with about 1.8 million residents. Using social software from IBM and its business partner, UnifiedEdge, the region is rapidly creating a “smarter” and modern public safety system to serve its growing population. (more…)

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Global IBM CIO Study reveals today’s CEOs and CIOs strongly aligned on future challenges and complexity

*Significant increase in the focus CIOs place on Cloud Computing since 2009*

Sydney, Australia – 18 May 2011: Results from a global study of more than 3,000 Chief Information Officers (CIOs) released by IBM today, reveal that for the first time, CEOs and CIOs are strategically aligned in their thinking around future challenges and complexity, with both groups focusing on insight and intelligence, client intimacy and people skills to drive organisational strategy.

The CIO Study shows that 57 per cent of CIOs anticipate more change and complexity in the next five years while 55 per cent of CEOs anticipate the same, according to the IBM’s 2010 Global CEO study. (more…)

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IBM Closes on Acquisition of TRIRIGA, Inc.

*Accelerates Advanced Intelligence for Smarter Buildings Transformation*

ARMONK, N.Y., – 14 Apr 2011: IBM today announced that it has completed the acquisition of TRIRIGA, Inc., a privately-held company based in Las Vegas, Nevada. Financial terms were not disclosed.

On March 22, IBM announced that it had entered into a definitive agreement to acquire TRIRIGA, a leading provider of facility and real estate management software solutions.

Many of the systems that constitute a building – heat, water, sewage, electricity and physical assets – are managed independently and often inefficiently.  Collecting, managing and analyzing data in buildings provides actionable insight to energy, space and facilities management. (more…)

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