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January 22, 2021
Operator Welcome, and thank you for standing by. [Operator instructions] Todays conference is being recorded. If you have any objections, you may disconnect at this time. Now, I would like to turn the meeting over to Ms. Patricia Murphy with IBM. Maam, you may begin. Patricia Murphy -- Vice President, Finance and Operations Thank you. This is Patricia Murphy, and Id like to welcome you to IBMs fourth-quarter 2020 earnings presentation. Im here with Arvind Krishna, IBMs chairman and chief execu...
January 19, 2021
Want to read more? At the start of the pandemic in March we took the decision to make online access to our news free of charge by taking down our paywall. At a time where accurate information about Covid-19 was vital to our community, this was the right decision – even though it meant a drop in our income. In order to help safeguard the future of our journalism, the time has now come to reinstate our paywall, However, rest assured that access to all Covid related news will still remain free...
January 18, 2021
Add to Bookmarks International Business Machines Corp. (IBM) reports Q4 2020 results after Thursday’s U.S. closing bell, with analysts expecting a profit of $2.05 per-share on $20.57 billion in revenue. If met, earnings-per-share (EPS) will mark a troubling 56% profit decline, compared to the same quarter in 2019. The stock fell 6.5% in October after meeting modest top and bottom line estimates, consistent with the company’s long-term status as a market laggard. Advertisement Start Trading ...
January 14, 2021
Cash-strapped Msunduzi slammed for splurging R207m on consultants By Thami Magubane Share DURBAN - THE Msunduzi Municipality’s over-reliance on consultants to do the work of council employees saw the embattled municipality pay out R207 million last year. Between July 2019 and October 2020, the municipality paid R207m for consultants, and this figure was R183m in September the previous year. This was highlighted by municipal administrator Scelo Duma, who warned against the over-reliance on con...
January 13, 2021
Exploring digital transformation in the new normal at the Hitachi Social Innovation Forum 2021 Southeast Asia Online published : 13 Jan 2021 at 16:30 SPONSORED CONTENT Group photo session from Hitachi Social Innovation Forum 2020 BANGKOK. Photo credit: Hitachi Asia We live in an ever-growing, ever-changing world. The disruption that COVID-19 brought to economies and societies across Southeast Asia in 2020 accelerated widespread digital adop...
January 11, 2021
(ARISE IS ) - Formalized by the signing of a joint development agreement, the Lomé-Cinkassé road project will rely on the expertise of ARISE IS, the pan-African company designing, financing, building and operating critical infrastructure across Africa. The agreement signed between ARISE IS, the leading infrastructure solutions provider in Africa, and the government of Togo formalizes the Lomé-Cinkassé road project. ARISE Infrastructure Services (ARISE IS), of which Africa Finance Corporatio...
January 9, 2021
(Unsplash) Keeping up with todays new technologies and the slew of products and services introduced to support them is a daunting task. Here is a brief list of some networking and infrastructure news of the week to help you navigate the choices. Send your news to . IBM released the findings of a study that found that the majority of companies surveyed are not prepared for future IT needs. Of the 380 CIOs and CTOs who participated in the survey, 60% say their companys IT modernization program i...
January 9, 2021
India needs corporate structure for sustainable infrastructure services delivery, says World Bank Official Ahmad said corporatisation of government departments or agencies is a challenge for India, though such a mechanism has been introduced in the country to deliver public services in a sustainable manner PTI | January 9, 2021 | Updated 16:35 IST The World Bank official, however, clarified that he was not proposing for privatising public service providers but to transform them through a corpo...
January 8, 2021
IBM appoints CEO to run $19B managed services spin-off Martin Schroeter assumes control of Managed Infrastructure Services division Martin Schroeter (IBM) Credit: IBM IBM has appointed Martin Schroeter as CEO of NewCo, the multibillion-dollar managed services business expected to be officially spun-off by the end of 2021. Effective 15 January, Schroeter is tasked with shaping the go-to-market strategy of Big Blue’s Managed Infrastructure Services division, which will focus on th...
January 7, 2021
IBM appoints Martin Schroeter as CEO of NewCo By IANS | Published on Thu, Jan 7 2021 18:57 IST | 0 Views IBM appoints Martin Schroeter as CEO of NewCo. Image Source: IANS News New Delhi, Jan 7 : Tech giant IBM on Thursday announced the appointment of Martin Schroeter as the Chief Executive Officer of the independent company that will be created following the separation of IBMs Managed Infrastructure Services business NewCo. NewCo will focus on the management and modernisation o...