Showing posts with label IBM. Show all posts
Showing posts with label IBM. Show all posts

Monday, July 19, 2021

IBM sees Q2 strength in hybrid cloud

 IBM reported revenues for the six-month period ended June 30, 2021 totaled $36.5 billion, an increase of 2 percent year to year (down 1 percent adjusting for divested businesses and currency) compared with $35.7 billion for the first six months of 2020. Net income was $2.3 billion, down 10 percent year to year. Diluted earnings per share was $2.52 compared with $2.83 per diluted share for the 2020 period, a decrease of 11 percent. Q2 revenue amounted to $18.7 billion, up 3 percent (flat adjusting for divested businesses and currency)

“In the second quarter client adoption of our hybrid cloud platform contributed to strong performance in Global Business Services and software and drove improved overall revenue growth. At the same time, we continued to help clients infuse our AI-based technology offerings into their core business workflows," said Arvind Krishna, IBM chairman and chief executive officer. "We are pleased with our progress and we remain on track to deliver full-year revenue growth and meet our cash flow objective.”

Some highlights for Q2:

  • Cloud & Cognitive Software (includes Cloud & Data Platforms, Cognitive Applications and Transaction Processing Platforms) —revenues of $6.1 billion, up 6.1 percent (up 2.5 percent adjusting for currency). Cloud & Data Platforms grew 12 percent (up 8 percent adjusting for currency), led by the company’s hybrid cloud platform and Cloud Pak growth. Cognitive Applications grew 12 percent (up 8 percent adjusting for currency), led by growth in Security and AI applications. Transaction Processing Platforms declined 7 percent (down 11 percent adjusting for currency). Cloud revenue up 29 percent (up 25 percent adjusting for currency).
  • Global Business Services (includes Consulting, Application Management and Global Process Services) — revenues of $4.3 billion, up 11.6 percent (up 7.3 percent adjusting for currency), with growth in Consulting, up 16 percent (up 11 percent adjusting for currency), Application Management up 5 percent (up 1 percent adjusting for currency) and Global Process Services up 28 percent (up 25 percent adjusting for currency). Cloud revenue up 35 percent (up 30 percent adjusting for currency). Gross profit margin declined 60 basis points.
  • Global Technology Services (includes Infrastructure & Cloud Services and Technology Support Services) — revenues of $6.3 billion, up 0.4 percent (down 4.1 percent adjusting for currency). Both Infrastructure & Cloud Services and Technology Support Services were flat (down 4 percent adjusting for currency). Cloud revenue down 1 percent (down 5 percent adjusting for currency). Gross profit margin up 110 basis points.
  • Systems (includes Systems Hardware and Operating Systems Software) — revenues of $1.7 billion, down 7.3 percent (down 10.2 percent adjusting for currency), driven by declines in IBM Z (down 11 percent; down 13 percent adjusting for currency) and Storage Systems (down 7 percent, down 10 percent adjusting for currency). Power systems declined 2 percent (down 5 percent adjusting for currency). Cloud revenue down 16 percent (down 19 percent adjusting for currency).
  • Global Financing (includes financing and used equipment sales) — revenues of $242 million, down 8.6 percent (down 11.6 percent adjusting for currency).


 

Tuesday, July 6, 2021

Colt and IBM form edge alliance

Colt Technology Services is collaborating with IBM (NYSE: IBM) to help customers adopt an edge computing strategy designed to enable them to move data and applications seamlessly across hybrid cloud environments, from private data centres to the edge. 

The companies have agreed to jointly explore  use cases using IBM Cloud Satellite and Edge Application Manager, designed to benefit enterprise customers globally across 29,000 enterprise buildings.

IBM Cloud Satellite is IBM’s hybrid cloud offering, built on Red Hat OpenShift, that allows customers to deploy secure and open IBM Cloud services anywhere they choose –on-premises, on any public cloud, or at the edge. Virtual machines for IBM Cloud Satellite can be instantiated and configured using a management and orchestration tool with zero-touch provisioning. Furthermore, Colt’s on-demand networking capabilities are designed to help critical connectivity be provisioned in near real- time to help enable distributed cloud deployments with IBM Edge Application Manager for its customers (in industries such as retail and healthcare) across 29,000 enterprise buildings.


“We look forward to collaborating with Colt to help customers deploy, operate and manage thousands of endpoints throughout their operations with IBM Cloud Satellite and IBM Edge Application Manager,” said Evaristus Mainsah, GM, IBM Hybrid Cloud and Edge Ecosystem. “Together, we can help enterprises accelerate their digital transformation by acting on insights closer to where their data is being created, at the edge.”

“Colt and IBM have been working together for many years across multiple markets and verticals with a focus on accelerating digital transformation. As we see an increasing demand for multi and distributed cloud environments, we will collaborate on how we can serve our joint customers,” said Mark Hollman, Colt’s VP Partner Development and Success. “We’re exploring now how to combine our Colt IQ Network with IBM’s hybrid cloud platform, to help deliver innovative solutions designed to help accelerate digital transformation for our enterprise customers.’’

IBM Cloud Satellite brings edge capabilities built on Red Hat OpenShift

IBM announced the general availability of its hybrid cloud services - IBM Cloud Satellite.

IBM Cloud Satellite promises a secured, unifying layer of cloud services for clients across environments, whether on-premise or in the public cloud.  IBM said its architecture addresses critical data privacy and data sovereignty requirements for industries including telecommunications, financial services, healthcare and government.

In addition, Lumen Technologies and IBM have integrated IBM Cloud Satellite with the Lumen edge platform to enable clients to harness hybrid cloud services in near real-time and build innovative solutions at the edge.  Applications can be hosted on Red Hat OpenShift via IBM Cloud Satellite from the close proximity of a Lumen edge location. 

Customers using the Lumen platform and IBM Cloud Satellite can deploy data-intensive applications like video analytics across highly distributed environments such as offices and retail spaces, and take advantage of infrastructure designed for single digit millisecond latency. 

"With the Lumen platform's broad reach, we are giving our enterprise customers access to IBM Cloud Satellite to help them drive innovation more rapidly at the edge," said Paul Savill, SVP Enterprise Product Management and Services at Lumen. "Our enterprise customers can now extend IBM Cloud services across Lumen's robust global network, enabling them to deploy data-heavy edge applications that demand high security and ultra-low latency. By bringing secure and open hybrid cloud capabilities to the edge, our customers can propel their businesses forward and take advantage of the emerging applications of the 4th Industrial Revolution."

IBM also noted that it is collaborating with more than 65 ecosystem partners, including Cisco, Dell Technologies and Intel to build secure cloud services helping clients run workloads in any environment via IBM Cloud Satellite. 

https://newsroom.ibm.com/2021-03-01-IBM-Cloud-Satellite-Enables-Clients-to-Deliver-Cloud-Securely-in-Any-Environment-Including-at-the-Edge

Monday, June 28, 2021

Verizon to build 5G core on hybrid cloud with IBM and Red Hat

Verizon has chosen IBM and Red Hat to help build and deploy an open hybrid cloud platform with automated operations and service orchestration as the foundation of its 5G core.

IBM Global Business Services is also integrating Telco Network Cloud solutions into Verizon’s Service Orchestration Platform to automate and manage services much more efficiently. This integration is designed to improve the service quality, predictably and automation of virtual network functions and comply with Open Network Automation Platform interfaces.


Steve Canepa, Global GM & Managing Director, IBM Communications, states "Verizon is a great example of a communication services provider that is on the forefront of this transformation, by embracing an open hybrid cloud platform that enables a world-class operations environment, aligned to their next-gen vision of an intelligent, highly automated and efficient 5G network. With this transformation, they can scale and deploy new services across a variety of environments, speeding innovation that delivers new value to customers."


Thursday, June 17, 2021

IBM completes Turbonomic acquisition

IBM completed its previously announced acquisition of Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston.

IBM said the deal complements its recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. IBM provides customers with AI-powered automation capabilities that span from AIOps (the use of AI to automate IT Operations) to application-centric performance and IT resources observability – all built on Red Hat OpenShift to run across any hybrid cloud environment.

"We believe that the move to AI-powered automation is essential to helping businesses succeed in a digital-first world," said Dinesh Nirmal, General Manager, IBM Automation. "IBM is already helping thousands of customers use automation to make IT and business processes more efficient and employees more effective. Now that Turbonomic is a part of our portfolio, IBM is the only company providing a one-stop shop of AI-powered automation capabilities, all built on Red Hat OpenShift to run anywhere."

"Today, applications run the business," said Ben Nye, CEO, Turbonomic. "Turbonomic's Application Resource Management assures application performance and governance so customers can focus on innovation. IBM's acquisition of Turbonomic now helps us reach and serve more customers globally – enabling successful application hosting operations across any cloud environment."


Thursday, May 6, 2021

IBM announces 2nm chip breakthrough

IBM unveiled a 2 nanometer semiconductor design and process breakthrough based on a new Gate-All-Around (GAA) nanosheet device architecture. The technology is implemented on a 300 millimeter (mm) wafer built at IBM Research’s semiconductor research facility in Albany, New York.

IBM said it is able to fit 50 billion transistors in a space roughly the size of a fingernail. A 2 nm chip node transistor equates to an approximate 45 percent performance improvement over  7 nm chips. This results in an approximate 75 percent power savings, at the same performance level. 

IBM Research’s Albany lab features one of the most advanced EUV lithography tools in the industry. 

"The IBM innovation reflected in this new 2 nm chip is essential to the entire semiconductor and IT industry," said Darío Gil, SVP and Director of IBM Research. "It is the product of IBM's approach of taking on hard tech challenges and a demonstration of how breakthroughs can result from sustained investments and a collaborative R&D ecosystem approach."

Thursday, April 29, 2021

IBM to acquire Turbonomic for app performance assurance

IBM agreed to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. Financial terms were not disclosed. Media reports valued the deal at between $1.5 billion and $2.0 billion.

IBM said the acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources – such as containers, VMs, servers, storage, networks, and databases. The acquisition complements IBM's recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. 

Turbonomic's ARM software optimizes the performance, compliance, and cost of applications in real-time. Upon close of the acquisition, IBM plans to integrate Turbonomic's ARM software with the APM and real-time observability capabilities of Instana and the ITOps capabilities of IBM Cloud Pak for Watson AIOps to help customers assure application performance and minimize costs by driving optimization across development, test and production environments.

"IBM continues to reshape its future as a hybrid cloud and AI company," said Rob Thomas, Senior Vice President, IBM Cloud and Data Platform. "The Turbonomic acquisition is yet another example of our commitment to making the most impactful investments to advance this strategy and ensure customers find the most innovative ways to fuel their digital transformations."

http://www.ibm.com

Sunday, March 28, 2021

Video: IBM builds a Cloud for Telecommunications

 

There are several key drivers for why carriers are moving to cloud infrastructures, including the acceleration of edge & 5G services, zero touch service automations, and operational modernization.  But can carriers justify the cost of this migration. Bill Lambertson, Vice President, 5G, Edge & Cloud Business, IBM, gives an overview of the IBM Cloud for Telecommunications, and why Red Hat OpenShift is a strategic advantage.

https://www.youtube.com/watch?v=AtMVnZCO4Lk

Download the 2021 Telco Infrastructure Report here: http://ngi.how/telco-2021


IBM Cloud launches Multizone Region in Brazil

 IBM Cloud launched its first Multizone Region (MZR) in Brazil.

IBM Cloud MZRs are composed of three or more data center zones with each being an Availability Zone. This is designed so that a single failure event can affect only a single data center rather than all zones – allowing for consistent cloud services and greater resiliency. Clients hosting workloads on IBM Cloud MZRs in any country can continuously run mission-critical workloads to keep business up and running.


IBM said the new MZR is a result of its continued investment in cloud infrastructure to accelerate hybrid cloud adoption and help foster business growth in Latin America. Following the openings of Toronto and Osaka last year, the latest MZR in Brazil marks IBM's ongoing commitment to help clients across the globe deploy mission-critical workloads with high levels of security and resilience, while helping to address data sovereignty requirements and prepare for a sustainable future.

"As companies embrace digital transformation, IBM is continuing to invest in cloud infrastructure and hybrid cloud capabilities that will help businesses around the world modernize and drive sustainable growth and innovation," said Harish Grama, General Manager, IBM Cloud. "Following the openings of Toronto and Osaka MZRs just last year, IBM's expanded presence in Brazil is designed to deliver our clients high levels of security and reliability, so they can advance in their journey to cloud – all in a way that supports sustainability goals while thriving in a digital era advancing to the future."

Wednesday, March 3, 2021

IBM names Elly Keinan to head Managed Infrastructure spinoff

Elly Keinan was named as Group President of the new, independent company that will be created following the previously announced separation of IBM’s Managed Infrastructure Services business (“NewCo”). Maria Bartolome Winans has been named as NewCo’s Chief Marketing Officer. The company’s new name will be announced in the coming months, and the separation is expected to occur by the end of 2021.

Keinan is a veteran of more than three decades in the technology industry, most recently as a venture partner of Pitango Venture Capital, Israel’s leading venture capital group. He served as general manager of IBM North America, general manager of IBM Latin America, and chairman of IBM Japan, among many technology and market leadership roles at IBM. He serves on boards of several technology companies, as well as the board of directors of the United Way of New York City.

Winans has risen to top marketing roles in her 25-year career at IBM and has spent the last three years as the chief marketing officer for IBM Americas, with direct responsibility for marketing sourced revenue, demand generation and all geography marketing professionals across North America, Canada, and Latin America. She has led marketing teams in IBM’s Watson business and in IBM’s Software unit, with specific expertise in industry solutions, and has been a leader in IBM’s Hispanic community.

Monday, March 1, 2021

IBM Cloud Satellite brings edge capabilities built on Red Hat OpenShift

IBM announced the general availability of its hybrid cloud services - IBM Cloud Satellite.

IBM Cloud Satellite promises a secured, unifying layer of cloud services for clients across environments, whether on-premise or in the public cloud.  IBM said its architecture addresses critical data privacy and data sovereignty requirements for industries including telecommunications, financial services, healthcare and government.

In addition, Lumen Technologies and IBM have integrated IBM Cloud Satellite with the Lumen edge platform to enable clients to harness hybrid cloud services in near real-time and build innovative solutions at the edge.  Applications can be hosted on Red Hat OpenShift via IBM Cloud Satellite from the close proximity of a Lumen edge location. 

Customers using the Lumen platform and IBM Cloud Satellite can deploy data-intensive applications like video analytics across highly distributed environments such as offices and retail spaces, and take advantage of infrastructure designed for single digit millisecond latency. 

"With the Lumen platform's broad reach, we are giving our enterprise customers access to IBM Cloud Satellite to help them drive innovation more rapidly at the edge," said Paul Savill, SVP Enterprise Product Management and Services at Lumen. "Our enterprise customers can now extend IBM Cloud services across Lumen's robust global network, enabling them to deploy data-heavy edge applications that demand high security and ultra-low latency. By bringing secure and open hybrid cloud capabilities to the edge, our customers can propel their businesses forward and take advantage of the emerging applications of the 4th Industrial Revolution."

IBM also noted that it is collaborating with more than 65 ecosystem partners, including Cisco, Dell Technologies and Intel to build secure cloud services helping clients run workloads in any environment via IBM Cloud Satellite. 

https://newsroom.ibm.com/2021-03-01-IBM-Cloud-Satellite-Enables-Clients-to-Deliver-Cloud-Securely-in-Any-Environment-Including-at-the-Edge

IBM: Are Telcos Embracing Public Cloud or Hybrid Cloud Models?

Will telecom operators embrace the public cloud for their operational workloads? Or is a hybrid model a better fit? Bill Lambertson introduces IBM Cloud Satellite and talks about building a distributed cloud for network and edge workloads based on Red Hat OpenShift.


https://youtu.be/GAZNfOU7kCg

Download the 2021 Telco Infrastructure Report here: http://ngi.how/telco-2021

Wednesday, December 16, 2020

Samsung and IBM team on 5G, edge and hybrid cloud

 Samsung Electronics and IBM announced a collaboration to provide enterprises with new solutions for mobile edge computing and end-to-end private 5G networks that run on open architecture and empower workers through 5G-enabled Samsung Galaxy devices.

The collaboration will combine Samsung’s Galaxy 5G mobile devices and advanced end-to-end enterprise network solutions with IBM’s network management, hybrid cloud, and edge computing offerings and network expertise, as well as its industry solutions driven by artificial intelligence, and Red Hat’s open architecture. The goal is to develop open, hybrid cloud solutions that enable enterprises to draw greater insights from data at the edge – from the factory floor to an oil rig or a regular office space – to improve operational performance, increase worker safety, and minimize downtime. Both companies also plan to explore how manufacturers can use private 5G or 4G networks and 5G mobile devices with Industrial IoT (IIoT) solutions.

 “The move to standalone 5G has accelerated the adoption of IIoT solutions and will require businesses to adopt an edge computing strategy that allows them to manage their IT environments from anywhere,” said KC Choi, EVP and Head of Global Mobile B2B Team, Mobile Communications Business at Samsung Electronics. “We are excited to work with IBM to discover how our unique devices, mobile IoT and network solutions can provide frontline workers with access to better data and more actionable insights to take their business to the next level.”

https://news.samsung.com/global/samsung-and-ibm-plan-to-help-businesses-embrace-the-fourth-industrial-revolution

Arvind Krishna elected IBM Chairman


Arvind Krishna, who currently serves as IBM's CEO, has been elected as chairman of the board, effective January 1, 2021. Krishna succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31.

Mr. Krishna, 58, was elected IBM's 10th CEO in January, and assumed the position on April 6, 2020 after holding numerous senior leadership positions in the company, most recently as IBM senior vice president for cloud and cognitive software, where he was a principal architect of the company's acquisition of Red Hat. Recently, he announced the spin-off of IBM's $19 billion Managed Infrastructure Services business, to be completed in 2021, which will create two industry-leading companies and enable IBM to focus on its leading open Hybrid Cloud and Artificial Intelligence Platform. He joined IBM in 1990 and became a director of the company in April.


Thursday, November 19, 2020

IBM to acquire Instana for AIOps application monitoring

IBM will acquire Instana, an application performance monitoring and observability company based in Chicago and with a development center in Germany. Financial terms were not disclosed.

Instana provides businesses with capabilities to manage the performance of complex and modern cloud-native applications no matter where they reside – on mobile devices, public and private clouds and on-premises, including IBM Z.  Instana's enterprise observability platform automatically builds a deep contextual understanding of cloud applications and provides actionable insights to indicate how to best prevent and remedy IT issues that could damage the business or reduce customer satisfaction -- such as slow response times, services that aren't working or infrastructure that is down.

Once Instana's capabilities are integrated into IBM, companies will be able to feed these insights into Watson AIOps. The information could then be compared to a baseline of a normal operating application, with AI triggering alerts to resolve issues quickly before negative impacts to that transaction or activity. This can help eliminate the need for IT staff to manually monitor and manage applications, freeing these employees to focus on innovation and higher value work. 

"With the added responsibility of ensuring the build and run quality of the software they develop, DevOps teams need a new generation of application performance monitoring and observability capabilities to succeed," said Mirko Novakovic, co-founder and CEO, Instana. "Instana's observability capabilities combined with IBM's AI-powered automation capabilities across hybrid cloud environments will give clients a full view of their application performance to best optimize operations."

https://www.ibm.com/cloud/blog/ibm-and-instana

Thursday, August 20, 2020

IBM reaches Quantum Volume 64 on a 27-qubit system

IBM reached a new milestone on its quantum computing road map, achieving the company's highest Quantum Volume to date: 64, uaing one of its newest 27-qubit client-deployed systems.

Quantum Volume measures the length and complexity of circuits – the higher the Quantum Volume, the higher the potential for exploring solutions to real world problems across industry, government, and research.

"We are always finding new ways to push the limits of our systems so that we can run larger, more complex quantum circuits and more quickly achieve a Quantum Advantage," said Jay Gambetta, IBM Fellow and Vice President, IBM Quantum. "IBM's full-stack approach gives an innovative avenue to develop hardware-aware applications, algorithms and circuits, all running on the most extensive and powerful quantum hardware fleet in the industry."

IBM Quantum Highlights

  • IBM has reached Quantum Volume 64 on a 27-qubit system deployed within the IBM Q Network [https://www.ibm.com/quantum-computing/network/overview/]
  • 28 quantum computing systems deployed on the IBM Cloud over the last four years with eight systems boasting a Quantum Volume of 32
  • The IBM Q Network has 115 client, government, startup, partner, and university members
  • 250,000+ registered users of the IBM Quantum Experience [https://www.ibm.com/quantum-computing/technology/experience/]
  • Users routinely execute more than 1 Billion hardware circuits per day on IBM Quantum systems on the IBM Cloud 
  • Researchers have published 250+ papers based on work on IBM Quantum systems

Sunday, August 16, 2020

IBM's 7nm POWER10 processor optimized for cloud computing

IBM unveiled its POWER10 CPU for enterprise hybrid cloud computing.

The IBM POWER10 processor uses a design focused on energy efficiency and performance in a 7nm form factor with an expected improvement of up to 3x greater processor energy efficiency, workload capacity, and container density than the IBM POWER9 processor.

IBM said its POWER10 chip includes breakthrough new security features including, memory inception to improve cloud capacity and delivers faster with 4x additional encryption engines for today’s toughest standards and future encryption standards like quantum-safe cryptography, and new enhancements to container security.

It also features a new technologycalled Memory Inception that brings support for multi-petabyte memory clusters, which will improve cloud capacity and economics for memory-intensive workloads from ISVs like SAP, the SAS Institute, and others as well as large-model AI inference.

New processor core architectures in the IBM POWER10 processor with an embedded Matrix Math Accelerator which is extrapolated to provide 10x, 15x and 20x faster AI inference for FP32, BFloat16 and INT8 calculations per socket respectively than the IBM POWER9 processor to infuse AI into business applications and drive greater insights.

"Enterprise-grade hybrid clouds require a robust on-premises and off-site architecture inclusive of hardware and co-optimized software," said Stephen Leonard, GM of IBM Cognitive Systems. "With IBM POWER10 we've designed the premier processor for enterprise hybrid cloud, delivering the performance and security that clients expect from IBM. With our stated goal of making Red Hat OpenShift the default choice for hybrid cloud, IBM POWER10 brings hardware-based capacity and security enhancements for containers to the IT infrastructure level."

The company notes that IBM POWER10 is its first commercialized processor built using 7nm process technology. IBM Research has been partnering with Samsung Electronics Co., Ltd. on research and development for more than a decade, including demonstration of the semiconductor industry's first 7nm test chips through IBM's Research Alliance.

Monday, July 20, 2020

IBM's Q2 revenue drops 5.4%

IBM reported Q2 revenue of $18.1 billion, down 5.4 percent (down 1.9 percent adjusting for divested businesses and currency). GAAP EPS from continuing operations was $1.52.

“Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption," said Arvind Krishna, IBM chief executive officer. "We are committed to building, with a growing ecosystem of partners, an enduring hybrid cloud platform that will serve as a powerful catalyst for innovation for our clients and the world.”

“Our prudent financial management in these turbulent times enabled us to expand our gross profit margin, generate strong free cash flow and improve our liquidity position," said James Kavanaugh, IBM senior vice president and chief financial officer. "We have the financial flexibility to continue to invest in our business and return value to our shareholders through our dividend policy.”

Some highlights:

  • Cloud & Cognitive Software (includes Cloud & Data Platforms which includes Red Hat, Cognitive Applications and Transaction Processing Platforms) — revenues of $5.7 billion, up 3 percent (up 5 percent adjusting for currency), with growth in Cloud & Data Platforms, up 29 percent (up 30 percent adjusting for currency) led by Red Hat. Cognitive Applications and Transaction Processing Platforms declined. Cloud revenue more than doubled.
  • Global Business Services (includes Consulting, Application Management and Global Process Services) — revenues of $3.9 billion, down 7 percent (down 6 percent adjusting for currency), driven by declines in Application Management and Consulting. Cloud revenue up 12 percent (up 13 percent adjusting for currency). Gross profit margin up 240 basis points.
  • Global Technology Services (includes Infrastructure & Cloud Services and Technology Support Services) — revenues of $6.3 billion, down 8 percent (down 5 percent adjusting for currency). Cloud revenue up 18 percent (up 20 percent adjusting for currency).
  • Systems (includes Systems Hardware and Operating Systems Software) — revenues of $1.9 billion, up 6 percent, led by IBM Z, up 69 percent (up 68 percent adjusting for currency). Storage Systems revenue up 2 percent (up 3 percent adjusting for currency); Power declined. Cloud revenue up 22 percent. Gross profit margin up 430 basis points.
  • Global Financing (includes financing and used equipment sales) — revenues of $265 million, down 25 percent (down 23 percent adjusting for currency), reflecting the wind-down of OEM commercial financing. Gross profit margin up 360 basis points. 

Sunday, July 19, 2020

Verizon and IBM work on 5G and edge computing

Verizon Business and IBM are collaborating on 5G and edge computing innovation to help enable the future of Industry 4.0. The companies plan to combine the high speed and low latency of Verizon’s 5G and Multi-access Edge Compute (MEC) capabilities, IoT devices and sensors at the edge, and IBM’s expertise in AI, hybrid multicloud, edge computing, asset management and connected operations.

“The industrial sector is undergoing unprecedented transformation as companies begin to return to full-scale operations, aided by new technology to help reduce costs and increase productivity,” said Bob Lord, Senior Vice President, Cognitive Applications, Blockchain and Ecosystems, IBM. “Through this collaboration, we plan to build upon our longstanding relationship with Verizon to help industrial enterprises capitalize on joint solutions that are designed to be multicloud ready, secured and scalable, from the data center all the way out to the enterprise edge.”

“This collaboration is all about enabling the future of industry in the Fourth Industrial Revolution,” said Tami Erwin, CEO, Verizon Business. “Combining the high speed and low latency of Verizon’s 5G UWB Network and MEC capabilities with IBM’s expertise in enterprise-grade AI and production automation can provide industrial innovation on a massive scale and can help companies increase automation, minimize waste, lower costs, and offer their own clients a better response time and customer experience.”

Sunday, July 12, 2020

IBM to acquire Brazil's WDG Automation

IBM agreed to acquire WDG Soluções Em Sistemas E Automação De Processos LTDA, a Brazilian software provider of robotic process automation (RPA). Financial terms were not disclosed.

WDG Automation, which is headquartered in São José do Rio Preto, Brazil, provides RPA, Intelligent Automation (IA), Interactive Voice Response (IVR) and chatbots primarily to customers in Latin America. The WDG Automation technology is designed for business users to create automations using a desktop recorder. These software robots can run on-demand by the end user or by an automated scheduler.

IBM said the acquisition further advances its AI-infused automation capabilities, spanning business processes to IT operations.

"IBM already automates how companies apply AI to business processes and IT operations so they can detect opportunities and problems and recommend next steps and solutions," said Denis Kennelly, General Manager, Cloud Integration, IBM Cloud and Cognitive Software. "With today's announcement, IBM is taking that a step further and helping clients accelerate automation to more parts of the organization, not just to routine, but more complex tasks so employees can focus on higher value work."

"Automation is crucial in the digital era, as businesses need to perform several repetitive or routine tasks, so that employees are able to focus on innovation. I'm incredibly proud of the role WDG Automation has played in the RPA market with a unified and integrated platform to help companies in Brazil increase their productivity," said Robson Felix, Founder and CEO, WDG Automation.

Monday, May 11, 2020

Airtel picks IBM and Red Hat for open hybrid cloud network

Bharti Airtel has selected IBM (nd Red Hat to build its new telco network cloud, which will be based on open standards and designed for new digital services.

The project uses Red Hat OpenStack Platform for all network workloads and Red Hat OpenShift for newer containerized workloads. It will also tap into Red Hat's ecosystem of network OEMs. In the future, Airtel's open hybrid cloud platform is expected to help enable new revenue streams with the on-boarding of third-party services including gaming, remote media production and enterprise services. By embracing IBM and Red Hat's hybrid cloud technology all the way to the network edge, Airtel aims to achieve improvement in time-to-market of services, reduction in operating expenses and reduced capital expenses.
 
"As part of our endeavor to build a 5G ready network for India's requirements, we are pleased to collaborate with IBM and Red Hat in our cloud journey," said Randeep Sekhon, CTO, Bharti Airtel. Our goal with this powerful, seamless horizontal approach is to make our network future ready and enable Airtel to efficiently serve the massive surge in data consumption. The hybrid cloud architecture will resonate with our customer-obsession by providing improved flexibility, network stability and performance and bringing agility and automation in our network operations."

"Through its collaboration with IBM and Red Hat, Airtel will be building a modern, innovative and more responsive network infused with automation and AI, that will provide the consistency and agility needed for today's rapidly changing marketplace," said Steve Canepa, Global Managing Director, Communications Sector and Worldwide Head of Telecommunications, Media & Entertainment Industry, IBM. "IBM is a valued collaborator to many of the world's largest and most innovative communications service providers like Airtel as they transform their networks into open and secure hybrid multicloud platforms and prepare for the 5G and edge computing era."