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000-141 exam Dumps Source : XML and Related Technologies

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IBM IBM XML and Related

IBM Is taking site - nevertheless it may too live Saved | killexams.com actual Questions and Pass4sure dumps

Image result for ibm

Introduction

In September, I wrote a piece of writing that chronicled the sluggish decline of overseas enterprise Machines (IBM). The article focused on the company’s declining revenues and margins and the fallacy it is Watson that has been overhyped and over-marketed. on the grounds that the article turned into published, things gain gotten worse for the enterprise. Its inventory expense has declined from $a hundred forty five to the latest $123.

in consequence, its market valuation has declined from greater than $a hundred thirty billion to the existing $112 billion. This valuation makes IBM moderately valued in comparison to different expertise companies. In IBM, investors are paying 19X trailing salary and 8X forward income. here's tremendously lower than what buyers are buying different historical tech organizations devotion Oracle (ORCL), Microsoft (MSFT), Apple (AAPL), and Cisco (CSCO) which gain a regular forward PE ratio of 15. in a similar way, IBM has a ahead PS ratio of 1.41, which is reduce than the commonplace of those organizations of 4.65.

all the route through IBM’s decline, many traders – together with Warren Buffet – gain invested in the enterprise, hoping that it is going to obtain a turnaround. they gain total been disappointed as the business’s stock has endured to perceive reduce lows. brief marketers on the other hand had been rewarded because the inventory has misplaced 17% of its expense this yr. The brief pastime has elevated from 14 million in January to the existing 21 million.

for my part, IBM will proceed to underperform because it lacks a catalyst as a route to prefer the inventory larger. This analysis will live a result up to the outdated article and should spotlight greater problems that the massive blue is dealing with and the route it can too live saved.

Elephant within the Room: RHT

When massive companies are in decline, they've a addiction of constructing nasty choices in particular in terms of acquisitions. Two examples of this are the determination by Sears Holdings (SHLD) to purchase ok-Mart and the determination by using generic electric (GE) to purchase Baker Hughes (BHGE). lamentably, IBM determined to result the footsteps of those businesses.

Two weeks in the past, the company announced that it might expend $34 billion to acquire pink Hat (RHT). IBM would purchase RHT for $a hundred ninety, which become a 63% top rate. In its announcement, IBM’s CEO famous that:

The acquisition of pink Hat is a online game-changer. It alterations everything about the cloud market. BM will develop into the area's #1 hybrid cloud company, offering organizations the most effectual open cloud solution as a route to free up the total value of the cloud for his or her agencies

This announcement jogged my recollection of what GE’s Jeff Immelt said when he announced the acquisition of Baker Hughes.

BHGE is an trade leader positioned to bring in any financial environment and aid their purchasers in driving productiveness. This deal capitalizes on the present cycle in oil and fuel while additionally strengthening their site for the market healing. As they vanish ahead, the brand novel fullstream providing quickens their potential to extend a digital framework to purchasers while offering world-type technical innovation and service execution. They seem ahead to continuing a seamless integration for their consumers.

what's diverse within the two statements is that Immelt became remedy about the scale of Baker Hughes. on the other hand, Virginia Rometty’s remark become demonstrably wrong. First, in the press conference, IBM used the keep cloud 43 times and in response to Rometty, the deal will benefit IBM prefer an more desirable market participate within the cloud business. although, a glance at red Hat’s revenues suggests a different image. Most of its revenues compass from infrastructure-related choices whereas the next profits comes from application construction and different emerging technology choices. In its 10K, it describes the subscription choices as: profits generated from purple Hat commercial enterprise Linux and linked technologies reminiscent of crimson Hat satellite tv for pc and pink Hat Virtualizations.

source: pink Hat

This point was additionally mentioned with the aid of Barron’s article that interviewed an analyst from Bernstein who cited that:

more than half of red Hat’s revenue changed into generated by its common on-premise server operating-system business, which isn’t at once tied to the cloud and has a slowing extend rate.

extra, while Amazon’s (AMZN) cloud grew by means of 46% in 2017, purple Hat’s cloud-linked revenues rose via simply 14%. on the equal time, the annual revenues of crimson Hat are just beneath $three billion with the internet revenue being under $300 million. Worse, IBM is paying fifty five times RHT’s estimated sales, which is a hefty valuation when you account that that many groups in the sector are bought at four.5 times ahead sales.

therefore, total this does not justify the hefty $34 billion. also, this is not the first time that IBM has overpaid for its cloud functions. In 2013, when it announced the acquisition of Softlayer, it declared that:

As organizations add public cloud capabilities to their on-premise IT techniques, they want enterprise-grade reliability, safety and administration. To address this chance, IBM has constructed a portfolio of high-value private, public and hybrid cloud offerings, in addition to utility-as-a-service company options. With SoftLayer, IBM will quicken up the build-out of their public cloud infrastructure to supply valued clientele the broadest alternative of cloud choices to power industry innovation.

Even with the SoftLayer acquisition, IBM has lagged different cloud computing agencies. it's number 5 within the industry at the back of Amazon, Microsoft, Alibaba (BABA), and Google (GOOG). In public cloud, it has a market participate of 6%, which is miniscule compared to Amazon’s forty six% market share.

briefly, IBM is following the equal style followed via widely wide-spread electric powered when it obtained Baker Hughes or the disastrous $10.three billion acquisition of Autonomy by HP in 2011.

A silver lining in total here's that there is a probability that the deal will no longer shut. in the press observation, IBM observed that it is going to pay $a hundred ninety for the enterprise. As of this writing, the industry is buying and selling at $172, which is 10% dwindle than the proposed $a hundred ninety. In merger arbitrage, here is a symptom that a very pleasant number of investors don’t accept as upright with the deal will shut.

subsequent Elephant in the Room: Debt

The purple Hat acquisition is the primary among many challenges I didn't address in my conventional article. This deal although items IBM with a steadiness sheet problem. To finance the all-money transaction, IBM will requisite to carry further debt.

before the deal is closed, IBM has a debt to equity ratio of 2.372, which is greater than that of the peers mentioned above. Microsoft, Oracle, Apple, and Cisco gain a debt to GDP ratio of 0.8867, 1.527, 1.068, and zero.59 respectively. Their regular is 1.01. hence, this could aggravate when the enterprise issues extra debt to finance the acquisition.

this might no longer live an issue for a company that is starting to be. sadly, as I wrote earlier than, the business’s extend has slowed, revenues are declining, and the big bets on Watson are not figuring out. because it has been cited, many Watson customers are thinking of cutting down.

As you maintain in mind, IBM under Rometty has become a tall financial engineering enterprise. To extend self credence out there, the industry has borrowed closely to finance buybacks. in the past ten years, the enterprise has spent more than $40 billion in participate buybacks. The chart under shows the reducing participate counts for the company during the past ten years.

evaluate this with the growth in lengthy-time period debt as shown below.

In different words, the deal through IBM to purchase purple Hat will dramatically raise its debt however RHT’s free cash stream is expanding. this could seemingly result in reduced dividends. in fact, because of the acquisition, the enterprise has announced that it will halt the buybacks in 2020. therefore, it will halt buybacks to finance a deal I trust will now not aid it in future. couple total this with the hefty $18 billion pension liability which is bigger than that of similar companies.

IBM can too live Saved

listed here, I even gain overlooked other concerns that I raised within the previous article. These considerations encompass the slowing growth, thinning margins, and the multiplied competition from companies devotion Alibaba, Amazon, and Google.

whereas issues seem dusky for IBM, I accept as upright with that it can live saved. other ancient know-how companies gain total been in the same situation devotion IBM and recovered. earlier than Satya Nadella, Microsoft became dying. similarly, earlier than Steve Jobs, Apple became dying.

a pretty pleasant region for IBM to delivery is to respect that it's in crisis. After this, it should start via organising the intuition for the issue. I believe that the intuition behind IBM’s complications became its lateness within the cloud computing industry. This prolong allowed Amazon and different corporations to enter the trade and purchase valued clientele. In cloud, the churn rate is so low that after an organization acquires a shopper, it could do certain that the industry will now not defect to its opponents.

subsequent, as with other tech businesses that gain recovered, IBM should trust changing its management. The veracity is that Verginia Rometty has now not been a very pleasant CEO. below her management, the company’s stock has declined by means of more than 30% as shown below. at the same time, she has been paid greater than $one hundred twenty million. If Rometty has no longer modified the industry in 6+ years, what makes the board confident that she can flip it around in future?

subsequent, as discussed above, IBM should soundless conform with giving up the acquisition of red Hat. whereas this may entice a hefty divorce invoice, it might live value than the catastrophe that awaits if the deal goes on. live awake that 83% of total M&A deals fail and there is no intuition this may prevail. To live clear, IBM will requisite to do acquisitions to compete with Amazon. actually, with the $34 billion, the company can do preference investments. as an instance, it can expend about $3 billion to acquire an organization devotion container (field) that counts 61% of Fortune 500 agencies as customers.

better, it may exercise its ventures arm to invest in diminutive startups in an analogous means that Google has performed it with Google Ventures. As proven beneath, IBM Ventures has not made any meaningful investments in the fresh past.

supply: Crunchbase

eventually, IBM may soundless account divesting its world company solutions (GBS) segment. here's a section that offers consulting, utility administration, and global process functions. In 2017, the facet generated $sixteen.38 billion in revenues, which became dwindle than $sixteen.7 billion in 2016. The phase’s margins are the least among the different segments.

The uncouth margins are 25%. here is almost akin to other groups in the sector devotion Accenture (CAN), Wipro (WIT), and Cognizant applied sciences (CTSH) which gain uncouth margins of 30%, 30%, and 39%. for this reason, on a sum-of ingredients basis, this facet by myself will too live value greater than $30 billion for those who evaluate it with its peers.

it is estimated that GBS has more than 120K personnel. hence, divesting the segment will advocate the enterprise in the reduction of the headcount and better margins.

final strategies

IBM’s stock has persisted to decline after the announcement of the pink Hat acquisition. As I gain explained, the company continues to pan predominant headwinds in order to seemingly prefer it reduce. however, I account that the administrators can serve the company smartly by getting out of the RHT deal and discovering improved acquisition objectives, changing the CEO, investing in early stage cloud corporations via IBM Ventures arm, and diversifying the global company features arm.

Disclosure: i'm/we are lengthy AAPL, box.

I wrote this text myself, and it expresses my own opinions. i am not receiving compensation for it (aside from from in quest of Alpha). I gain no company relationship with any company whose inventory is outlined listed here.


IBM Says Blockchain Can vigour 'Open Scientific analysis' in novel Patent filing | killexams.com actual Questions and Pass4sure dumps

A patent software posted Thursday claims the process of conducting scientific analysis can improvement from the blockchain.

Led by using a crew at IBM’s Watson analysis middle, the patent application presents a vision for dynamic collaboration – one where researchers can tune their drudgery throughout institutional borders. It’s an additional non-fiscal utility of the disbursed-ledger expertise, which IBM has championed in concomitant months.

This newest patent may too live concept of as an tricky application changelog, but for science. Or, as the submitting places it, a gadget that provides “a tamper resistant log of scientific analysis.”

From the filing:

“The blockchain gadget can kindhearted a blockchain representing a research undertaking, wherein the blockchain includes a first block of analysis information and a second block of evaluation records representing a log of an analysis carried out on the analysis data. summary blocks and correction blocks can even live brought to the blockchain representing the rescue up evaluation of the research consequences.”

The utility – titled “Blockchain for Open Scientific analysis” – became first filed with the U.S. Patent and Trademark office in December 2017. IBM researchers Jae-wook Ahn, Maria Chang, Patrick Watson and Ravindranath Kokku are listed as inventors.

according to the patent, “currently, there are restricted structures that enable for sharing suggestions about scientific analysis and displaying limpid information collection and analysis steps. systems that enact exist, lack the requisite controls and mechanisms to allow for steadfast statistics, as there are few alternatives for making certain that statistics can live proof against modification.”

IBM isn’t the handiest neighborhood working to apply allotted ledger technology to the scientific realm. A Berlin-primarily based believe tank, Blockchain for Science, held its first exotic convention prior this week.

The blockchain-flavored patent is one in total many for massive Blue. in response to records posted in September, IBM was at the back of simplest chinese web tall Alibaba within the variety of blockchain-linked patent filings.

IBM image by means of Shutterstock


IBM pursues Amazon into cloud with $33-billion red Hat deal | killexams.com actual Questions and Pass4sure dumps

IBM has seen salary decline by well-nigh a quarter considering Rometty, sixty one, took the CEO position in 2012. notwithstanding some of that has been from divestitures, most is from declining revenue in current hardware, application and services offerings, as the enterprise has struggled to compete with more youthful technology businesses. She has been attempting to lead IBM toward extra modern groups, such because the cloud, synthetic intelligence and safety software, with incompatible consequences.


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XML and Related Technologies

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DCL and American Water Works Association Collaborate on NISO STS XML Conversion | killexams.com actual questions and Pass4sure dumps

No result found, try novel keyword!It defines a suite of XML elements and attributes that describes the full-text content and metadata of standards-related information ... that better enables the dissemination of ideas and technologies ...

In.vision Utilizes Open XML Technology for Improved Pharmaceutical Documents | killexams.com actual questions and Pass4sure dumps

By industry Wire

Article Rating:

June 25, 2008 11:00 AM EDT

Reads:

521

This week at the 44th Annual Drug Information Association (DIA) Meeting, In.vision Research Corporation, a market leader for Enterprise XML Authoring solutions, announced novel products that leverage the Open XML yardstick to better regulatory document processes.

The process of physically assembling and manually performing character checks on documents in a regulatory submission is a rigorous stint that can interpolate risk and repercussion time-to-market. In.vision’s Xpress Templates for Microsoft Office Word and Microsoft Office SharePoint Server 2007 improves the regulatory document process by leveraging Open XML to provide Word templates that encapsulate corporate industry rules, thus allowing authors to:

  • Create and reuse instructions, examples, and boilerplate text within templates that are tailored to the organization
  • Ensure that proper document style and structure is followed
  • Directly reference and comprehend content from one section of a submission to another, eliminating “cut-and-paste” and the associated loss of integrity
  • Apply industry rules to the automated character control of content and document metadata
  • The result of these features is a more intellectual document workspace for authors, and improved time-to-market, lower character assurance costs, and reduced risk for the corporation. Importantly, In.vision’s Xpress Templates leverages the Open XML yardstick within Microsoft Office Word and SharePoint Server 2007 to deliver critical industry tools on the software platform that is accessible to total users across the enterprise.

    In.vision demonstrated the novel Open XML tools in Microsoft Word 2007 and SharePoint Server 2007 in the Microsoft booth at the DIA Annual Meeting. Michael Naimoli, U.S. life sciences industry director at Microsoft Corp., said, “Pharmaceutical customers continue to struggle with regulatory document management and maintaining a ‘single version of the truth’ when it comes to critical documentation. In.vision’s solution helps directly address this issue with an advanced and flexible approach – built on the 2007 Microsoft Office System and Microsoft Office SharePoint Server 2007 – that will greatly benefit their mutual customers.”

    One of the strengths of the Open XML and the Microsoft .NET Framework built into Office 2007 is the faculty to combine enterprise resources with the authoring experience. “Already they descry major pharmaceutical companies in the process of connecting metadata repositories, SAS data sets, and other corporate resources directly to the document as it is being authored,” said Richard Brandt, VP of Life Sciences at In.vision Research. “With Open XML, In.vision’s extensive set of authoring enhancements now gives authors a two-way pipeline to enterprise information, for reuse, validation, or other critical industry needs. This is truly revolutionary.”

    About In.vision

    Founded in 1996, In.vision Research Corporation is a leading provider of software for Enterprise XML Authoring. In.vision's Xpress Author products enable Microsoft Word users to easily and transparently submit XML content, making In.vision the limpid preference for today's industry authors. In.vision customers create content that is critical to national security, prescription drug safety, publishing processes, financial services, and enterprise content management. With corporate offices in both the U.S. and Europe, In.vision delivers and supports its products through a global network of industry focused business partners. For more information on In.vision, gladden visit www.invisionresearch.com.

    Copyright © 2009 industry Wire. total rights reserved. Republication or redistribution of industry Wire content is expressly prohibited without the prior written consent of industry Wire. industry Wire shall not live liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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    Adaptive Technology Programs rotate to Robotics and IoT to benefit People Who gain Disabilities | killexams.com actual questions and Pass4sure dumps

    Smart technologies, such as robotic telepresence and the Internet of Things (IoT), are capturing the attention of adaptive technology programs in state and local governments, as well as educational institutions, according to experts.

    IoT and robotic telepresence are among the latest adaptive technology (AT) efforts states are deploying, as they search to deliver on the 30-year-old Technology-Related Assistance Act of 1988, too known as the Assistive Technology Act. The law requires total states to operate an adaptive technology program to benefit people with disabilities. In fiscal 2017, state AT programs assisted 600,000 people, according to the Association of Assistive Technology Act Programs (ATAP).

    State and local governments, as well as educational institutions, are trying to address a number of disabilities, including citizens who are deaf, deaf-blind, hard of hearing, gain speech impairments, developmental disabilities, learning disabilities, are blind or gain low vision.

    Augmentative communication devices are among the top three categories for adaptive technology, said Susy Woods, public policy and education liaison for Illinois’ Assistive Technology Program. Illinois is too an agency member of ATAP.

    Robotic telepresence, which allows users to communicate with others through a robot even though they are not physically present in the room, is gaining attention, according to Kim Moccia, program director for assistive technology at Minnesota’s Department of Administration. The state, for example, provides short-term loans of its double robot through its AT program.

    “We draw to extend the number of robots in their inventory due to increased demand, especially by school districts,” says Moccia, who is too an ATAP board member.

    A double robot is a combination Apple iPad and Segway scooter that uses video conferencing to allow a person with disabilities to pace from scope to drudgery at school or at drudgery without them having to live present.

    Text-to-911 services for deaf or hard-of-hearing residents are too spreading throughout the nation, including Palm Beach County, Fla., and Franklin County, Ohio. North Carolina is working with its Department of Public Safety to deploy text-to-911 services to its disabled residents, according to Tammy Koger, director of North Carolina’s Assistive Technology Program.

    Demand for Smart Technologies Expected to Grow

    Home environment devices that allow the rising number of senior citizens to remain in their homes as well as assistive technology that addresses blindness or low vision are two other AT categories that states are trying to address, said Woods.

    Amazon’s resound and Apple’s HomePod allow users to exercise their voice to shut off lights and lock and unlock doors. IoT devices, such as these, hold the potential for helping states nick long-term pervade costs for people with disabilities, sigh industry observers.

    Meanwhile, the number of people with developmental disabilities continues to mount while the technologies to assist them are too expected to increase. For example, the number of children who are diagnosed with an autism spectrum disorder at the age of 8 has soared to one in every 68, based on a Centers for Disease Control and Prevention study — an extend of 150 percent since 2000, CNN reported.

    “These figures will continue to mount because they gain gotten better at diagnosing autism and at a younger age,” Woods explained.

    Minnesota now has 16 police departments that are using the Vitals app, which allows families and caregivers to enter diagnosis information about their developmentally disabled family member, along with information on things that will trigger their deportment and ways to de-escalate such behavior. When an officer is within 30 to 80 feet of the developmentally disabled person, the information is shared wirelessly with the officer to sheperd them on the best route to approach the individual. More police departments are expected to symptom aboard, according to Moccia. 

    Awareness and AT Funding Remains a Challenge 

    Following the reauthorization of the  Assistive Technology Act in 2004, the U.S. Department of Education’s Rehabilitation Services Administration (RSA) now distributes money to mandated state AT programs. These programs serve four core assistive technology areas: demonstration and awareness training of AT projects, an AT outfit loan program for citizens, a re-utilization program where outfit in pleasant condition can live reused for as long as the citizen needs it and state financing to benefit people borrow money at low interest rates for AT outfit purchases.

    Historicallly, the federal budget has never fully funded the AT programs that the states are required to provide. However, in fiscal 2019, the budget will divide an additional $38 million for state AT programs, Woods noted. The distribution is based partially on the state’s population and when they started their AT program.

    In addition to the funding challenges, gaining awareness of AT issues and addressing them through policies and legislation is a challenge, according to AT experts.

    “North Carolina needs more accent on technology-related policies, access to services and devices, and funding for these types of services and devices,” said Koger. “In addition, exposure and employment opportunities continue to live an issue specifically with individuals with the most severe disabilities and who utilize assistive technology.”



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