Page 14 - Cognitive Software News Today

Jim Whitehurst steps down as IBM president in just 14 months File photo In a surprise development, IBM has announced that Jim Whitehurst has decided to step down as President of the company just 14 months after joining in that role. Whitehurst has played a pivotal role in the $34 billion IBM and Red Hat integration announced in 2018. He will continue to work as senior advisor to Arvind Krishna, Chairman and CEO, IBM. "In the almost three years since the acquisition was announced, Jim has be...

Top 5 Dividend Stocks To Buy in 2021 Dividend Yield: 4.59% As a consistent leader in the tech industry, IBM has shown consistent payout ratios and an increase in dividend yields. The tech industry is a sector you’ll want to invest in as it’s only going to continue to change and grow. IBM has proven to be a safe bet. International Business Machines Corp (NYSE: IBM) started as the computing, tabulating, and recording firm in the late 1800s. Its first major contract was to supply equipment fo...

Imagine being able to detect one of the leading causes of hospital deaths, and one of the most expensive conditions in health care to treat, months in advance to save lives and for health care providers, tremendous amounts of money. That’s exactly what Curren Katz and her team at Pittsburgh-based Highmark Health did alongside IBM’s Data Science Elite team — predict members who are at future risk of sepsis, a condition that happens when the body, as it fights infection, turns on itself and...

Red Hat This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The CEO of Red Hat says IBM kept its word on maintaining the open source software firms independence. IBM now sells Red Hat products, though Red Hat remains neutral and partners with AWS and Microsoft. Red Hat is also doubling down on hybrid by going after telcos and ramping up its managed services. Nearly a year after tak...

IBM surprises investors with return to growth in first quarter SHARE After four consecutive quarters of revenue declines, IBM Corp. surprised investors today with 1% growth in quarterly revenue, sending its stock up more than 3% in after-hours trading and raising hopes that other technology giants could report similar surprises in the coming weeks. Revenue rose to $17.73 billion from the same quarter a year ago and well ahead of analysts’ average estimate of $17.32 ...

IBM CEO Krishna: Hybrid Cloud ‘Transformation’ Already Yielding Results As IBM pursues greater partner engagement around the hybrid cloud opportunity, the company reported a 21-percent increase in total cloud revenue during the first quarter of the year. By Wade Tyler Millward April 19, 2021, 09:29 PM EDT IBM’s investments into its hybrid cloud business and elevating the role of partners are already starting to pay off, IBM CEO Arvind Krishna said Monday....

IBM Reports First Quarter Results, Beats Wall Street Expectations IBM has beat Wall Street expectations, returning to revenue growth after four quarters of declines. IBM has been in the process of reinventing itself as a hybrid cloud provider. The company plans to spin off its legacy operations, focusing primarily on its hybrid cloud business, and has been snapping up startups to help drives its transformation. The company’s strategy appears to be paying off as it reported revenue of $17.7...

13h | Antony Savvas IBM has reported total cloud revenues of $6.5 billion for the first quarter ended 31 March, which is a 21% jump on the same quarter last year. The companys total group sales for the quarter were $17.7 billion, which was a very modest 1% increase on last year as IBM continued to focus on its newer cloud, AI and software markets - including its acquired Red Hat business. Big Blue is still preparing to spin off its managed infrastructure services business. Earlier this...

by Tyler Durden Tuesday, Apr 20, 2021 - 07:52 AM S&P 500 and Nasdaq 100 stock futures extend declines for a second day, with both down about 0.5% as of 7:00 am in New York as travel and leisure stocks led the move, indicating fresh concerns over reopenings. US futures tracked Europe’s Stoxx 600 index which was 1.1% lower, its biggest drop in a month as a growing tally of virus cases primarily in emerging markets tempered enthusiasm for a global growth rebound. Bond yields fell.  Some notable...

IBM shares jump on biggest revenue rise since 2018 CLOUD DEMAND: IBM chief executive officer Arvind Krishna said he is ‘confident’ that IBM will deliver revenue growth in the second quarter and the rest of the year Bloomberg International Business Machines Corp (IBM) shares jumped in extended trading after the company reported its biggest revenue gain in 11 quarters driven by demand for cloud services. Sales increased 1 percent to US$17.7 billion ...