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April 19, 2021
IBM Reports 2021 First-Quarter Results Highlights Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency) -- Cloud Cognitive Software up 4 percent (up 1 percent adjusting for currency) -- Systems up 4 percent (up 2 percent adjusting for currency) -- Global Business Services up 2 percent (down 1 percent adjusting for currency) Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and currency) -- Cloud revenue of $26.3 billion ...
April 19, 2021
IBM Shares Jump on Biggest Revenue Growth Since 2018 Bloomberg 56 mins ago Jackie Davalos (Bloomberg) -- International Business Machines Corp. shares jumped in extended trading after the company reported its biggest revenue gain in eleven quarters, driven by demand for cloud services and suggesting Chief Executive Officer Arvind Krishnaās turnaround plan is starting to bear fruit. Sales increased 1% to $17.7 billion in the three months ended Mar. 31, the Armonk, New York-bas...
April 13, 2021
Robin.io Adds Pay-As-You-Go Pricing Model for Robin CNS on Red Hat Marketplace Share Article Robin Cloud Native Storage offers Red Hat OpenShift customers the flexibility to pay for hourly usage on Red Hat Marketplace Customers can now pay only for the hourly usage of Robin CNS when they run ephemeral workloads such as ETL processing, AI/ML data preprocessing and ad-hoc data analysis on Red Hat OpenShift. SAN JOSE, Calif. (PRWEB) A...
March 8, 2021
United Arab Emiratesā du selects 5G RAN February 24, 2021 du, from Emirates Integrated Telecommunications Company (EITC) has selected Ericsson (NASDAQ: ERIC) to deploy its state of the art 5G radio access network (RAN) products and solutions as part of a major network expansion and modernization. In line with United Arab Emiratesā Vision 2021 to create a knowledge base, sustainable economy in the emirates, du will transform its RAN 5G network with Ericssonās state-of the art Ericsson Rad...
February 22, 2021
UAEs du selects Ericsson 5G RAN DUBAI, February 22, 2021 du, from Emirates Integrated Telecommunications Company (EITC) has selected Ericsson to deploy its state of the art 5G radio access network (RAN) products and solutions as part of a major network expansion and modernisation. Ā In line with United Arab Emiratesā Vision 2021 to create a knowledge base, sustainable economy in the emirates, du will transform its RAN 5G network with Ericssonās state-of the art Ericsson Radio System.Ā ...
February 22, 2021
United Arab Emiratesā du Selects Ericsson 5G RAN United Arab Emiratesā du, from Emirates Integrated Telecommunications Company (EITC), to benefit from Ericssonās 5G radio access network portfolio Deployment will enable 5G use cases such as enhanced Mobile Broadband (eMBB), Fixed Wireless Access (FWA), massive Internet of Things (IoT), ultra-reliable low-latency (URLL) and application innovation United Arab Emiratesā du, from Emirates Integrated Telecommunications Company, has select...
February 20, 2021
IBM is mulling to sell its Watson Health business that is generating nearly $1 billion in annual revenue but is not profitable.The Wall Street Journal reported that IBM is exploring a potential sale of its Watson Health business, as CEO Arvind ...
February 19, 2021
Illustration by Raj Verma When Reliance Jio started building its 4G LTE wireless network, it had the option of using a standard map to decide things such as the customers it will reach out to and places where it will set up its towers. This manual process would have taken several quarters before it could have been streamlined. In order to get going as fast and with as much precision as possible, it built maps based on a geographic information system. While Jio Maps helped find the best sites to...
February 17, 2021
James is editor in chief of TechForge Media, with a passion for how technologies influence business and several Mobile World Congress events under his belt. James has interviewed a variety of leading figures in his career, from former Mafia boss Michael Franzese, to Steve Wozniak, and Jean Michel Jarre. James can be found tweeting at @James_T_Bourne. Featured 2020 was a fascinating year for cloud technologies. The Covid-19 pandemic forced remote working initiatives which accelerated demand for ...
January 27, 2021
IBMs (NYSE:IBM) stock price recently tumbled after the tech giant posted its fourth-quarter numbers. Its revenue dropped 6% year over year to $20.4 billion, missing estimates by $260 million and marking its fourth straight quarter of declining sales. Its adjusted earnings fell 56% to $2.07 per share, though it still beat expectations by $0.19. IBMs results werent surprising, since its repeatedly struggled to offset the slow growth of its legacy IT services, on-site software, and hardware busine...