Tag Archives: ibm

IBM Completes Acquisition of Netezza

ARMONK, N.Y. – 11 Nov 2010: IBM today announced the closing of its acquisition of Netezza Corporation. Netezza will expand IBM’s business analytics initiatives to help clients gain faster insights into their business information, with increased performance at a lower cost of ownership. IBM announced a definitive agreement to acquire Netezza on September 20, 2010.  (more…)

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Made in IBM Labs: New Chip Technology Paves the Way to a Faster Internet

*Helps networks to keep pace with exploding number of internet users — from people to machines*

ARMONK, N.Y., – 09 Nov 2010: IBM today announced a new chip-making technology that can be used to create advanced semiconductors that can keep pace with the exploding number of internet-connected devices and the tidal wave of data they are generating.

The Cu-32 Custom Logic offering employs unique IBM technology — designed by IBM Research — to dramatically increase the memory capacity and processing speeds of chips used in fiber-optic and wireless networks, and in such gear as routers and switches. The technology can help manufacturers and network operators handle the data deluge driven by consumers’ appetites for smart phones and other Web-connected devices. (more…)

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IBM Pledges $50 Million To Create 100 Smarter Cities

ARMONK, N.Y. – 09 Nov 2010: IBM today inaugurated Smarter Cities Challenge, a competitive grant program in which IBM will award $50 million worth of technology and services to help 100 municipalities across the globe. Teams of IBM experts will provide city leaders with recommendations for successful growth, better delivery of municipal services, more citizen engagement, and improved efficiency.

This new program is the single-largest philanthropic investment currently planned by IBM, which made US$186 million worth of charitable contributions in 2009, comprising cash, technology, and consulting services. (more…)

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IBM Unveils New Information Management And Analytics Software To Help Organizations Gain Faster Insight For Smarter Business Outcomes

LAS VEGAS, – 25 Oct 2010: IBM today introduced new software that combines the most sophisticated business analytics and optimization capabilities for today’s evolving workforce. For the first time, the new offerings combine social networking and collaboration capabilities for the burgeoning mobile workforce, expected to reach more than 1.19 billion by 2013.

With today’s news, IBM is bringing business analytics capabilities to the masses with a new look and feel that more closely mirrors people’s every day use of technology including support for new mobile devices and integrated social networking capabilities for faster, more collaborative decision-making.  (more…)

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MADE IN IBM LABS: IBM Inventors Create Warning System to Accurately Analyze, Assess and Predict Natural Disasters

ARMONK, N.Y. – 22 Oct 2010: IBM (NYSE: IBM) inventors have developed a patented natural disaster warning system, which uses analytics to improve the effectiveness and timeliness of post-event rescue efforts in cities and other locations where efficient emergency response is essential following a natural disaster. It also offers a means to accurately predict the location and timing of subsequent catastrophic events, which will further aid evacuation efforts. (more…)

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IBM Takes Action to Improve Cloud Security

ARMONK, N.Y., – 20 Oct 2010: IBM (NYSE: IBM) today unveiled a new security initiative focused on making cloud computing safer. IBM aims to help both users and providers of cloud computing more easily navigate security challenges through new cloud security planning and assessment services, managed services to help clients secure their clouds, and the introduction of several technology innovations from its global research labs. (more…)

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IBM Reports 2010 Third-Quarter Results

ARMONK, N.Y. – 18 Oct 2010:

  • Diluted earnings per share of $2.82, up 18 percent;
  • 31 consecutive quarters of EPS growth, 13 of last 15 at double digits;
  • Full-year 2010 EPS expectations raised to at least $11.40;
  • Net income of $3.6 billion, up 12 percent;
  • Net margin of 14.8 percent, up 1.1 points;
  • Revenue of $24.3 billion, up 3 percent as reported, 4 percent adjusting for currency;
  • Growth markets revenue up 16 percent, 13 percent adjusting for currency;
  • BRIC countries revenue up 29 percent, 26 percent adjusting for currency;
  • Business analytics revenue up 14 percent;
  • Systems and Technology revenue up 10 percent, 11 percent adjusting for currency;
  • System z mainframe revenue up 15 percent; MIPS up 54 percent;
  • Software revenue excluding divested PLM operations, up 4 percent, 6 percent adjusting for currency; up 1 percent including divested PLM operations;
  • Services revenue up 2 percent, as reported and adjusting for currency;
  • Services backlog of $134 billion, up $5 billion quarter to quarter, down $2 billion adjusting for currency, and flat year over year. (more…)

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IBM Acquires PSS Systems

ARMONK, N.Y. – 14 Oct 2010: IBM (NYSE: IBM) today announced that it has acquired PSS Systems, a privately held company based in Mountain View, Calif.  Financial terms of the deal were not disclosed.

PSS Systems’ software helps organizations analyze, automate and implement information governance policies across massive amounts of electronic business information and dispose of that information in an automated way.  These capabilities are critical elements to remaining responsive to legal obligations while reducing data storage costs. (more…)

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