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 Opens $50 Million Smarter Cities Challenge Grant Program To 2012 Applicants

*Initiative provided practical advice to dozens of cities worldwide in 2011*

Armonk, NY, – 24 Oct 2011: IBM today announced that it has opened the IBM Smarter Cities Challenge grant program to new applications for 2012.  Smarter Cities Challenge is a three-year, 100-city, US$50 million grant program in which IBM’s top technical experts and consultants provide actionable advice to urban centers.

This highly successful grant program provides select applicant cities with access to teams of elite IBM employees with expertise on a variety of urban-related matters, such as finance, sustainability, public safety, and citizen services.  They devote weeks of their time analyzing unique opportunities and challenges facing municipalities, particularly within the context of today’s challenging economic climate.  After conferring with officials, citizens, businesses, academics and community leaders, the IBM teams recommend actions to make the delivery of services to citizens more efficient and innovative.  Issues addressed include jobs, health, public safety, transportation, social services, recreation, education, energy, and sustainability. (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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IBM STUDY: Digital Era Transforming CMO’s Agenda, Revealing Gap In Readiness

*Most chief marketers admit they are not sufficiently plugged into real-time conversations about their brands*
*CMOs struggling to prove the return on marketing investments*

ARMONK, N.Y. – 11 Oct 2011: A new IBM study of more than 1,700 chief marketing officers from 64 countries and 19 industries reveals that the majority of the world’s top marketing executives recognize a critical and permanent shift occurring in the way they engage with their customers, but question whether their marketing organizations are prepared to manage the change.

At the same time, the research shows that the measures used to evaluate marketing are changing. Nearly two-thirds of CMOs think return on marketing investment will be the primary measure of the marketing function’s effectiveness by 2015. But even among the most successful enterprises, half of all CMOs feel insufficiently prepared to provide hard numbers. (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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Made in IBM Labs: Researchers Demonstrate Breakthrough Storage Performance for Big Data Applications

*IBM GPFS Storage Technology Scans 10 Billion Files in 43 Minutes*

SAN JOSE, Calif., – 22 Jul 2011: Researchers from IBM today demonstrated the future of large-scale storage systems by successfully scanning 10 billion files on a single system in just 43 minutes, shattering the previous record of one billion files in three hours by a factor of 37.

Growing at unprecedented scales, this advance unifies data environments on a single platform, instead of being distributed across several systems that must be separately managed. It also dramatically reduces and simplifies data management tasks, allowing more information to be stored in the same technology, rather than continuing to buy more and more storage. (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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