Tag Archives: ibm

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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IBM Helps Organizations Boost Business Performance With New Informix Database Software

*DHL, Rol Manufacturing, Oncor and M Systems International reduce costs, work more efficiently*

ARMONK, N.Y. – 13 Oct 2010: IBM (NYSE: IBM) today unveiled new Informix database software designed to help clients cut costs and respond quickly to market trends. The new version of IBM Informix software helps clients and partners speed the deployment of critical business solutions at lower cost while boosting performance by as much as 50%. (more…)

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IBM Study: New Shift Points to Growth Markets Investment in U.S. and European Jobs

*Social Networks Value for Business Use on the Rise*

ARMONK, N.Y. – 12 Oct 2010: In a dramatic shift of workforce investments, growth market companies – led by the twin forces of China and India — are increasingly hiring in North America and Europe, according to the findings of a major new IBM (NYSE: IBM) study of over 700 Chief Human Resource Officers (CHROs) and senior executives from 61 countries and 31 industries worldwide. (more…)

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Oracle and IBM Collaborate to Accelerate Java Innovation through OpenJDK

REDWOOD SHORES, CA & ARMONK, NY – 11 Oct 2010: Oracle (NASDAQ: ORCL) and IBM (NYSE: IBM) today announced that the companies will collaborate to allow developers and customers to build and innovate based on existing Java investments and the OpenJDK reference implementation. Specifically, the companies will collaborate in the OpenJDK community to develop the leading open source Java environment. (more…)

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IBM Survey: IT Professionals Predict Mobile and Cloud Technologies Will Dominate Enterprise Computing By 2015

ARMONK, N.Y. – 08 Oct 2010: Information technology professionals predict that mobile and cloud computing will emerge as the most in-demand platforms for software application development and IT delivery over the next five years, according to a new IBM (NYSE: IBM) survey released today. (more…)

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IBM Completes Acquisition of Unica Corporation

ARMONK, N.Y., – 06 Oct 2010: Through Unica, IBM (NYSE: IBM) is acquiring enterprise and cloud-based marketing software solutions that help businesses streamline and automate marketing processes, and understand and predict customer preferences. Through both the Unica and Coremetrics acquisitions, IBM will enable its clients to develop more relevant and targeted communications while minimizing marketing expenditures.  (more…)

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Danish Ministry Hires IBM to Deliver Smart Defense in Denmark

COPENHAGEN, Denmark, – 05 Oct 2010: In an effort to enhance the Danish Ministry’s international defense operations, IBM (NYSE: IBM) and the Danish Defense have signed a seven-year services agreement in which IBM will provide high availability, technology infrastructure and management services for the Ministry’s Resource Management System, DeMars.   (more…)

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