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IBM Reports 2021 First-Quarter Results

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 ...
Arvind Krishna John Bukovinsky Sarah Meron James Kavanaugh Global Technology Services Red Hat

IBM Reports First Quarterly Revenue Growth Since 2018

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 Krishna’s 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...
New York United States Arvind Krishna Ginni Rometty Andreas Arnold Bloomberg Global Technology Services
Source: msn.com

Robin.io Adds Pay-As-You-Go Pricing Model for Robin CNS on Red Hat Marketplace

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...
United States Palo Alto Ankur Desai Henri Richard Kelly Hartman Red Hat
Source: prweb.com

United Arab Emirates' du selects 5G RAN - Security Middle East

United Arab Emirates’ 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 Emirates’ Vision 2021 to create a knowledge base, sustainable economy in the emirates, du will transform its RAN 5G network with Ericsson’s state-of the art Ericsson Rad...
Fahad Al Hassawi Rebecca Morpeth Spayne Fadi Pharaon Emirates Integrated Telecommunications Company Cognitive Software United Arab Emirate Vision

UAE's du selects Ericsson 5G RAN

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 Emirates’ Vision 2021 to create a knowledge base, sustainable economy in the emirates, du will transform its RAN 5G network with Ericsson’s state-of the art Ericsson Radio System.Ā  ...
United Arab Emirates Fahad Al Hassawi Al Hssawi Fadi Pharaon Emirates Integrated Telecommunications Company Cognitive Software

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News | United Arab Emirates' du to Benefit from Ericsson's 5G RAN

United Arab Emirates’ du Selects Ericsson 5G RAN United Arab Emirates’ du, from Emirates Integrated Telecommunications Company (EITC), to benefit from Ericsson’s 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 Emirates’ du, from Emirates Integrated Telecommunications Company, has select...
Fahad Al Hassawi Fadi Pharaon Emirates Integrated Telecommunications Company Cognitive Software United Arab Emirate Mobile Broadband

Streamlining Workflow- Business News

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...
Vikram Thaploo Esri Arc Apollo Telehealth Ganeshji Awasthi Leo Joseph Kavit Gupta

Featured: CloudTech's list of innovative cloud companies to watch in 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 ...
United States United Kingdom Andrew Brown Nick Heddy Chris Whaley Ganesh Pai

Is IBM a Value Stock or a Value Trap?

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...
Arvind Krishna Global Technology Services Red Hat Global Business Services Cognitive Software Web Services
Source: fool.com

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