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IBM revenue grows for second straight quarter, cheering investors


IBM revenue grows for second straight quarter, cheering investors
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IBM Corp. provided the best evidence yet today that it’s back on a growth track, reporting second-quarter revenue rose 3% from a year ago.
Revenue of $18.75 billion was actually flat when adjusted for currency fluctuations and divested businesses, but it was still well ahead of analysts’ estimates of $18.29 billion.
Adjusted earnings rose 7% from a year ago, to $2.33 a share, slightly better than analysts’ estimates of $2.31 a share. It was IBM’s second straight quarter of revenue growth, something that has been in short supply for the computing giant lately. Prior to the first quarter, IBM had reported declining revenue for four quarters in a row and 30 of the past 34 quarters. ....

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VMware picks longtime executive Raghuram as new CEO


VMware picks longtime executive Raghuram as new CEO
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VMware Inc. today chose a longtime insider to lead the company through a major product line makeover and an impending spinoff from parent Dell Technologies Inc.
Raghu Raghuram, 58, is currently executive vice president and chief operating officer of products and cloud services. He will take over as chief executive on June 1 following the departure of former CEO Pat Gelsinger in January for the top at Intel Corp. after more than eight years leading VMware. Raghuram was appointed after some external candidates turned down the job, Yahoo! Finance reported.
An 18-year veteran of the company, Raghuram helped grow the core virtualization business in VMware’s early days, headed its software-defined data center strategy and architected its cloud computing business. He has also been instrumental in VMware’s large successful acquisitions strategy, the company said. Still, he was seen b ....

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Data Monetization Market to Set Amazing Growth by Key Players CellOS Software Ltd, Connectiva Analytics and Insights Ltd., Dawex Systems, Infosys Limited, ComViva, MNUBO, NETSCOUT, – KSU


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Data Monetization market research report is a client-centric, leading edge and trustworthy which is formulated with the experience of skilful, enthusiastic and innovative team. When it is about estimating general market conditions, the growth prospects in the market, likely restrictions, significant industry trends, market size, market share, sales volume and future trends, the finest market research report such as this business report comes into picture. Being a verified and reliable source of information, Data Monetization marketing report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. ....

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