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IBM Corp. beat first-quarter web salary estimates these days however dissatisfied buyers with a bigger-than-anticipated decline in quarterly profits, sending its inventory down greater than 3% in after-hours buying and selling.

The business blamed delayed decision-making within the Asia-Pacific region for the shortfall and endured to again away from talk of boom, focusing as an alternative on profitability metrics. It maintained its full-12 months assistance of $13.ninety per share. update: Shares were down well-nigh 4% in Wednesday trading.

Chief monetary Officer James Kavanaugh observed enterprise had a “potent” quarter however admitted stumbles.

“We had a pretty good pipeline during the quarter and, primarily based upon customer buying choices, did not execute,” he mentioned. “however they bought off to a a fantastic beginning and that gives us confidence in preserving their suggestions.” The pending acquisition of pink Hat Inc., which is anticipated to shut within the 2nd quarter, isn’t protected in full-12 months tips.

Adjusted quarterly revenue of $2.25 per share slightly edged out consensus estimates of $2.22. income fell essentially 5% from a 12 months ago, to $18.18 billion, below consensus estimates of $18.forty seven billion.

earnings declined or barely grew in virtually every fundamental enviornment of IBM’s business, together with Cognitive options (up 2% in regular currency), international business features (up four%), world expertise services (down 3%) and systems (down 9%). The exception was cloud platforms, the place IBM declined to give quarterly figures but mentioned its total cloud enterprise is now a $19.5 billion annual company that grew 10 % during the last 365 days.

although that increase continues to lag that of the greatest public cloud suppliers, the $19.5 billion determine is “reasonably a transformation from the 4% of company revenues that cloud represented when Ginni Rometty (pictured) became IBM’s CEO,” mentioned Charles King, president and important analyst at Pund-IT Inc.

IBM lengthy ago stopped trying to win within the public cloud market, instead focusing its efforts on hybrid cloud, multicloud and the estimated eighty% of enterprise workloads which have yet to shift to the cloud. “The company has more desirable event and deeper multicloud choices than a lot of its opponents,” King pointed out.

techniques revenues had been specially impacted with the aid of a 38% drop in profits for the z-sequence mainframe line, which is nearing the conclusion of its average two-yr product cycle. The decline become somewhat offset by means of what IBM noted turned into the sixth consecutive quarter of boom within the business’s vigor programs line, even though it offered no particulars.

After showing three straight quarters of revenue increase following greater than two years of quarterly declines, IBM is shrinking again, but the enterprise isn’t in the hunt for to perpetuate the fable of a return to high growth. “We’re managing this business around margins, earnings and cash,” Kavanaugh referred to.

On that front, it’s often delivering on expectations. Gross income margins grew 1% led by means of a 2.eight% improvement in margins for GBS, which is the enterprise’s lowest-margin company. Pretax working margins grew 3.2%.

“here's the strongest gross margin we’ve had in years,” Kavanaugh noted. “We see the fundamentals of their business model playing out in terms of increase in key excessive-value areas, whether it be cloud, protection, digital and the statistics/synthetic intelligence. they are also providing mighty working leverage.”

IBM has been deemphasizing low-margin and long-established equipment brand enterprise in want of greater ecocnomic engagements. It’s also having a bet greater closely on its services palms, in selected GTS, which is involved in ninety% of its business contracts, Kavanaugh said.

while the quarterly numbers were unimpressive, the company pointed out it has a suit services pipeline. “IBM’s capabilities backlog is now at $112 billion, with more than 30% in cloud engagements,” King observed. “That bodes smartly for the long run.”

In a top notch shift from outdated profits reviews, IBM didn’t consist of financial results for its so-called “strategic imperatives,” or the high-increase businesses that it expects to reshape the business. Kavanaugh said breaking out those numbers is no longer valuable, considering that they constituted more than half of the business’s 2018 profits. “The comments they bought from you and investors is that the strategic imperatives metric is previous its direction,” he noted.

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legislation's rising Elite: business criminal service providers, half 3 | Real Questions and Pass4sure dumps

Miles van der Rohe, the referred to architect, remarked: “architecture is dependent upon its time.” The identical can be spoke of about company constructions. The closing decade has viewed a profound change in company structure. fb, Amazon, Apple, and other tech-enabled, buyer-centric agencies have developed new business fashions which have modified the consumer event and, in the system, recast trade landscapes. There are also a handful of iconic brands which have faced challenge before reinventing themselves. IBM-business mainframes to utility and solutions- and Ford-cars to mobility/know-how- are examples. No be counted the route, each and every of those paradigm-busting groups reimagined the consumer experience, changing latest monolithic paradigms with new, extra obtainable, flexible,  and good value ones. records, capital, scale, execution, regular improvement, and figuring out the customer are core elements of their structure.

A handful of suppliers have emerged as criminal beginning’s new architects. Their foundations fluctuate, yet they share an identical imaginative and prescient: to provide a brand new delivery paradigm, means, and affect responding to unmet customer wants and providing unimagined probabilities. right here is the first wave of commercial enterprise prison carrier providers.

Allen & Overy: Modernized prison apply

 Allen & Overy (A&O), the blue-blood UK-primarily based global legislation firm, calls its business felony service ability “superior start.” The enterprise’s adventure leveraging and integrating its differentiated practice knowledge with a suite of linked technology and resourcing capabilities all started greater than ten years ago. It has been  broadened and deepened all over the previous decade. advanced birth operates at the intersection of technology and resourcing, tapping into a&O’s felony and market advantage to carry the most fulfilling, valuable method to solve client challenges. This contains a balance of charge, quality, and possibility.

Allen & Overy these days named Andrew Trahair, former co-Head of its global banking practice, to function Head of superior start. Trahair’s new function includes main nine A&O-backed technological and resource capabilities and their integration with the enterprise’s follow. Trahair’s appointment affirms the significance, dedication, and traction that superior beginning has gained in the enterprise and within the marketplace. It has a 12 months-on-year growth exceeding 25% and in line with Trahair is A&O’s ultimate increase enviornment. The breadth and depth of advanced start, owned and funded with the aid of the A&O partnership, speaks to the company’s resolve to a protracted-term, customer-centric approach and its willingness to invest heavily to obtain it. This contrasts with the “future is now” method adopted via most organizations, even elite ones.

A & O’s edition of commercial enterprise legal features may also be damaged down into three main classes: solutions, expertise, and resourcing. Most in demand within solutions is the Markets Innovation neighborhood, produced from a dedicated team of A&O companions that increase proprietary know-how options for shoppers’ significant-scale legal and regulatory challenges. Aosphere, the enterprise’s first follow augmentation, is a web subscription service that helps shoppers consider their move-border dangers. A&O Consulting, a recent addition, provides enterprise-concentrated tips on governance, company way of life and aim, operational chance, and regulatory issues.

The know-how group also has three components. Fuse is a tech innovation area the place A&O legal professionals and technology groups collaborate. The tech corporations are hand-picked for his or her center of attention on crucial tech options for A&O inside and customer challenges. they are provided free state-of-the-paintings house at A&O’s London digs and afforded access to the firm’s substantial elements. The prison expertise group is an innovation engine that helps attorneys who are remodeling mainstream legal work by technology (functions to products and/or lessen-charge functions). The E-discovery neighborhood uses advanced know-how options to collaborate with lawyers and customers to mine information. It has morphed from a litigation/dispute decision product to a broader-based mostly document evaluate approaches incorporating superior AI expertise.

Resourcing is the third bucket of advanced beginning and it too has three add-ons. Peerpoint offers valued clientele access to a panel of exact-tier, experienced lawyers to meet the intervening time wants of their legal and compliance groups with full assist from the A&O mothership. The prison features center handles a wide range of tasks, together with due diligence, litigation experiences, drafting, negotiation and research capabilities with more desirable can charge efficiency and taking advantage of digital options wherever possible. The venture administration office is a committed team of project administration (PM) authorities with the dual function of training enterprise attorneys on PM fundamentals in addition to working with valued clientele on enormous, complex tasks.

each of the advanced beginning choices is designed to “plug and play” with the enterprise’s world follow teams, valued clientele, and other provider gadgets. they can function as single-aspect solutions but force better influence when they're aligned with A&O’s broader prison, technological, and resourcing potential. It is this built-in, large, deep, multidisciplinary area capabilities that qualifies Allen & Overy because the first global legislations company that has performed a really modernized practice from the client point of view. The enterprise operates with the inherent challenges of the normal partnership constitution, the inside and competitive force to maximize earnings-per-accomplice (PPP), competing for top ability, and barriers on capital. The differentiation advanced delivery offers—now not to mention the capital—mitigates these structural limitations and gives A&O with way more flexibility and means than other enterprises.

The market is giving two-thumbs as much as A & O and its enterprise felony provider (advanced beginning) approach. here's now not a futurist blueprint; A&O is deploying enterprise legal capabilities now and it's impactful for valued clientele and the firm.  “advanced birth has greatly more advantageous the company’s capability to compete correctly for the most complex, excessive-price felony work throughout the globe,” Andrew Trahair advised me. “It has additionally spread out collaboration alternatives with main business gamers like UnitedLex and Deloitte. we've an identical however through no means similar capabilities, so it’s what’s ultimate for the client that drives the correct mix of providers, peculiarly on very large, advanced matters.”

UnitedLex: The art of The feasible

 UnitedLex was, within the words of CEO and Founder Dan Reed, “created to handle a obvious hole within the legal profession—a gap in entry through legislations branch leadership to resources essential to force transformation and to align greater deeply with company.” in contrast to the C-Suite that had entry to various skills from sources like McKinsey, Capgemini, and Atos, Reed identified that leaders in legislation departments were often on their personal. They relied completely on legislations corporations and a handful of other single solution providers that tended to have a slim, transactional center of attention, not a holistic view with conclusion-to-conclusion and enterprise centric options capability. Reed launched United Lex in 2006 to handle that void. If that sounds brash, it does to me too.

Reed and UnitedLex have pulled it off. quick ahead thirteen years to the latest. UnitedLex employs more than 3,000 attorneys, engineers, programmers, forensic accountants, data analysts, and other tremendously-knowledgeable specialists and paraprofessionals. The enterprise operates seamlessly throughout 18 countries and has a shopper roster that contains greater than 25% of the global Fortune 500. What’s chiefly spectacular about this stunning growth is that it became carried out organically. This has enabled UnitedLex to hold a novel cultural focal point on delivering huge client price and affording its gurus a different, dynamic, and chopping-side domestic from which to extend the present boundaries of client options. Spend an hour with Reed and you may walk away convinced that UnitedLex’s top of the line days are ahead—or as historic blue eyes crooned, “The most desirable Is Yet to come back.”

customer-Centricity, Capital, And Marquee purchasers  From The Get-Go

 UnitedLex landed IBM as its first customer quickly after its 2006 launch. Hewlett Packard and Microsoft have been its next two customers. not a nasty beginning. Reed, a CPA, BigLaw alum, and government with two a hit corporate liquidity hobbies, understood  the importance of capital and the structural barriers on law companies to relaxed it. He secured the backing of two economic powerhouses, Sequoia Capital and JP Morgan, early on. They have been making a bet on the enterprise’s early success however, even more so, on Reed’s commitment to make use of the capital to build out UnitedLex’s fledgling commercial enterprise legal features platform. They were also impressed by using the company’s marketing strategy that described consulting, expertise, and solution beginning groups deployed worldwide. UnitedLex had a customer-centric vision from the get-go.

UnitedLex lately made headlines when it took on a $500m funding from CVC Capital partners, Europe’s biggest private fairness business. The deal, described via a few sources as the greatest-ever investment in the prison market, turned into closed after an exhaustive, multi-year evaluation with the aid of CVC of the whole felony landscape. Siddharth Patel, Senior Managing Director of CVC Capital companions, and his group concluded that “UnitedLex has pioneered the commercial enterprise felony functions platform. we're satisfied no other enterprise has mastered the regulatory, expertise, and solution designs fundamental to addressing the wants of the leading law departments of the world. “

law branch leaders are no longer faced with the binary choice of in-sourcing legal work or using natural legislation organisations for the birth of excessive quality, good value felony capabilities. UnitedLex has created a distinct enterprise prison features platform for remodeling huge in-condominium felony departments. it's made out of a consulting, technology, and aid options enterprise and an international legislation enterprise constellation.  each and every of these component parts is focused on the areas of contracts and industrial transactions, litigation, highbrow property, consulting, and compliance. customers can have interaction on a single answer basis or, as is increasingly the case, flip to UnitedLex for its conclusion-to-conclusion options skill. UnitedLex rather actually bets on its ability to deliver. It ensures customers that the best, effectivity, and cost-reductions of its business criminal service—typically 30% or extra—are living as much as expectations. in the event that they don’t, UnitedLex—not the client—bears the chance. here's wonderful, even amongst UnitedLex’s handful of commercial enterprise felony provider issuer friends.

UnitedLex recognizes that the felony business is confronting a competencies hole, notably within the start enviornment. Many in the trade bash legislation schools for this. UnitedLex has taken a completely distinctive approach, partnering with legislation colleges to help instruct college students for a swiftly altering industry. The criminal Residency software, as this initiative is referred to as, now comprises UnitedLex partnerships with ten legislations colleges including Emory, Vanderbilt, USC and Miami. not simplest has this resulted in after-commencement jobs for students (including at UnitedLex), but it also demonstrates the business’s commitment to advertise the health of the career and the industry. United Lex is also pursuing plans to aid fund The Digital lawyer Institute, a one-of-a-kind working towards software designed at first for widespread assistance and their senior business counterparts to clear up urgent, real-time challenges and to observe digital transformation to the prison function.

massive offers and large Pipeline

 UnitedLex surprised many within the criminal trade when it introduced its mega-offers with GE and DXC, each in 2018. That turned into interestingly only a heat-up. UnitedLex now has a $3B pipeline balanced across 4 principal domain areas: intellectual property, contracts, litigation, and compliance. to position that number in perspective, it is comparable to the annual earnings of Kirkland & Ellis and Latham & Watkins, the world’s maximum-grossing law enterprises. even more startling is the measurement, complexity, price, and term of the deals UnitedLex is coping with. this is in marked distinction to the transactional nature of most legislations enterprise/customer engagements. it's also why UnitedLex and the handful of other business prison carrier providers will undoubtedly continue to develop rapidly in a market keen for his or her differentiated substances, start potential, and commercial enterprise have an effect on.

 The massive four: law as professional provider

 The lengthy-running debate concerning the massive four’s prison features intentions and strategy is over. Deloitte, PricewaterhouseCoopers (PwC), Ernst & younger (EY) and KPMG have every publicly declared their goal to dominate the felony area with an business criminal capabilities strategy. Piet Hein Meeter, Deloitte international leader, prison services, said, “we are building capabilities to carry seamlessly across borders as a really global felony service provider. The innovative, know-how-enabled and integrated nature of their features will disrupt the felony market as a whole.” His counterparts at EY, PwC, and KPMG have made equivalent statements. The big 4 are all-in and have made no secret of their strategy.

The huge 4 haven't taken on huge legislations head-to-head through replicating its average follow-centric partnership mannequin. instead, they've concentrated on a set of follow choices that consist of tax, immigration, company transactions, litigation support, cybersecurity, possibility administration, and regulatory. Their market differentiation is not the quantity or pedigree of attorneys they make use of but their potential to integrate area of interest prison area talents with a worldwide technology platform, amazing system and project administration capability, a world footprint, relied on brand, massive expert and paraprofessional support, deep C-Suite ties, and superior digital transformation competencies and adventure. The huge four is not rooted in legislation nor does it lead with its legal capabilities; it’s the birth means that makes it elite. This should not have been a profitable formulation even a decade ago, but it is now. That’s because the follow of legislations is shrinking and the beginning of legal functions is expanding. In today’s industry, criminal functions are whatever thing patrons deserve to solve business challenges, and that does not always require lawyers or legislation companies.

The big 4 have invested closely in technology, aid administration, perpetual discovering, thought leadership, succession planning, records mining, and client relationships. they have got a deep realizing of their purchasers’ enterprise, the touchstone of client-centricity so above all absent among most legislation corporations. Their global footprint, local talents and presence, built-in operations, and sizeable ability pool coupled with their birth competencies enable them to tackle massive, multi-jurisdictional concerns and to function with the speed of enterprise. No ask yourself  KPMG legal functions mentioned a 30% boom (Deloitte, PwC, and EY have additionally reported effective annual prison boom) that comprises earnings from mergers and acquisitions, tax, international fairness management, compliance matters, and prison tech solutons. Jurg Birri, global Head of criminal at KPMG, echoed the strategy articulated via his Deloitte, EY, and PwC counterparts: “more and more, their consumers are being requested to put in force enterprise transformation programs (sic) that need an built-in method that mixes business and criminal methodologies, now not just pure felony assistance. They take into account this and are in a position to carry.”

The massive four Confront Structural, Cultural, and Regulatory Challenges

The large 4’s double-down on criminal functions is not devoid of inner and external obstacles. EY, PwC, Deloitte, and KPMG are single-branded world skilled functions networks. each and every of their networks has a whole bunch of “contributors” with their own stability sheets. This can result in internecine disputes and an lack of ability to make short choices—an “on steroids” edition of the legislations firm partnership model. a different challenge is subculture: the massive four long in the past morphed from being accounting firms to something considerably broader. nonetheless, the “accountant attitude” and administration dominance remains. just as “non-lawyers” continue to be second-classification residents in most law companies and in-house departments, so too have attorneys yet to achieve equal standing with accountants among the many large 4. there's additionally an integration concern among huge four legal professionals exacerbated through member segmentation alongside geographic and service strains as well as divergent statutory and professional laws. huge 4 law businesses (in jurisdictions the place they could have interaction in felony follow) regularly characteristic greater like assurance company “captives” than integrated world organisations.

The huge four also confront two primary boundaries in the U.S., the area’s largest felony market. the primary is statutory; Sarbanes-Oxley limits auditing establishments from offering legal services to audit shoppers. The different major restriction comes from the felony occupation. The ABA mannequin rules of knowledgeable behavior, which serve as the foundation for ethics guidelines of most states, ban non-lawyer possession of legislation organizations and a charge-sharing prohibition for prison features organizations. while these impediments supply an uneven U.S. taking part in box for the big four to compete in the U.S. prison market, they with the aid of no potential shut them out. Nor do these limitations practice in different predominant felony markets all over—in particular the united kingdom and Australia—where the big 4 actively engage in full-on law observe. No count number the market, the competitive potential the huge four delight in emanates from the skill to convey enterprise legal features.


The architecture that a handful of commercial enterprise criminal carrier providers are pioneering is, to borrow from van der Rohe, correct for its time. it's without delay utilitarian and creative, responding to instant challenges and providing a versatile paradigm for addressing new ones. It offers a constitution it truly is developed for the legal buyer and designed to align company with consumer. this is very diverse from law’s current insource or outsource and follow or delivery paradigms. enterprise felony carrier providers alleviate and harmonize these choices, providing patrons holistic, bendy solutions for their most advanced business challenges. That’s an architecture that consumers are increasingly purchasing into.

global commercial enterprise Collaboration Market analysis on main avid gamers, share by means of vicinity and Forecast till 2024 | Real Questions and Pass4sure dumps

Apr 22, 2019 (The Expresswire by way of COMTEX) -- business Collaboration Market document In-Depth analysis of the Segmentation Which comprises Product type, enterprise thoughts, construction elements and Forecast.

commercial enterprise Collaboration Market 2018 to 2023 report essentially reviews the dimension, contemporary tendencies and improvement reputation of the business Collaboration market, as well as funding opportunities, government policy, market dynamics (drivers, restraints, alternatives), give chain and aggressive panorama. Technical invention and development will further optimize the performance of the product, making it extra well-known in downstream applications. additionally, Porter's five Forces evaluation (talents entrants, suppliers, substitutes, consumers, industry rivals) provides important assistance for figuring out the enterprise Collaboration market.

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    Chapter 1 enterprise Collaboration trade Overview

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    1.2 brief Introduction via main classification

    1.three short Introduction with the aid of major utility

    1.four brief Introduction by using primary areas

    1.4.1 u.s.

    1.four.2 Europe

    1.4.3 China

    1.four.4 Japan

    1.4.5 India

    Chapter 2 construction enterprise Collaboration Market analysis

    2.1 international ProductionEnterprise CollaborationMarket analysis

    2.2 Regional ProductionEnterprise CollaborationMarket evaluation

    Chapter three income business Collaboration Market analysis

    3.1 international revenue Market analysis

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    three.1.2 2012-2018 primary manufacturers efficiency and Market Share

    3.2 Regional revenue Market analysis


    Chapter 9 business Collaboration business Chain analysis

    9.1 Up circulate Industries evaluation

    9.1.1 raw material and Suppliers

    9.1.2 equipment and Suppliers

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    9.2.2 Manufacturing charge structure

    9.2.3 Manufacturing vegetation Distribution evaluation

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    10.1 production Market Forecast

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    IBM Signs Agreement to Acquire FilesX | real questions and Pass4sure dumps


    April 10, 2008 01:00 ET

    Deal Would Enhance Comprehensive Data Recovery for Critical Applications and Remote Offices

    ARMONK, NY--(Marketwire - April 10, 2008) - IBM (NYSE: IBM) today announced it has signed a definitive agreement to acquire FilesX, a privately held storage software company based in Newton, Mass., and Haifa, Israel, that specializes in continuous data protection and nearly instant data and application recovery software for enterprises and remote/branch offices. The acquisition is expected to close shortly. Financial terms were not disclosed.

    The proliferation of data and information across the distributed enterprise are causing businesses of all sizes to seek better data recovery and information risk management solutions. FilesX products help address this need by delivering continuous data protection and fast recovery of business critical applications and servers running on Microsoft Windows platforms. Following close, IBM intends that the FilesX technology will become part of the Tivoli Storage Manager (TSM) family of products, IBM's flagship suite of leading data protection and information infrastructure offerings, with proven compatibility in customer environments today.

    FilesX enterprise-level continuous data protection solutions would complement IBM's existing file-based software called IBM Tivoli Continuous Data Protection for Files, which is targeted at SMB customers and individual PC users.

    With its patented technology, FilesX helps IT staff restore data from virtually any type of failure and from nearly any point in time. Ease-of-use and self-managing features make FilesX offerings particularly attractive in environments where IT skills and budgets are limited.

    For IT managers dealing with the pressures of data growth, and for chief compliance officers seeking better data controls, the acquisition should enable IBM to offer an end-to-end data protection solution from laptops to remote/branch offices, data centers and disaster recovery sites. Across the enterprise, customizable data protection features in both disk-based and tape-based environments are designed to improve data governance and provide nearly continuous user access to data even in the face of IT disruptions.

    "The FilesX acquisition would complement IBM's vision of enterprise data protection by adding critical capabilities for remote offices, delivering continuous data protection for applications and servers, and supporting business user needs with nearly instantaneous recovery of data," said Al Zollar, general manager, Tivoli software, IBM. "It would also reinforce IBM's mid-market strategy by adding a simple and easy to use full data protection solution -- one that also is attractive to enterprise remote offices and departmental situations."

    FilesX has more than 100 customers in the United States and Israel, spanning government, education, healthcare, financial services and manufacturing. "Following the close of the transaction, the combination of FilesX' strong data protection and recovery software with IBM's existing storage management products will enable customers to better safeguard their most critical information," said Jimmy Garcia-Meza, FilesX CEO. "FilesX customers can benefit from the broad resources IBM has committed to growing the storage management part of its business, and will continue to receive support under their existing agreements."

    Beyond the expanded data and application protection that the FilesX acquisition would provide, existing IBM customers would see no change to their current TSM environment, product set or support.

    Through its deep industry expertise, patent leadership, research and innovation, IBM has long been the leader in providing clients with technology solutions that help them manage and utilize their information effectively.

    More information about IBM and FilesX are available at or

    Grand Rapids software company hits a growth spurt with massive venture capital infusion | real questions and Pass4sure dumps

    Posted Jan 9, 2013

    Blue Medora CEO Nathan Owens (center, black shirt), landed $1.25 million in growth capital from Start Garden and Grand Angels to help his tech firm expand into new markets.

    GRAND RAPIDS, MI — A local tech firm that makes software monitoring products for Fortune 500 companies is going through a growth spurt this year after getting an infusion of cash from a pair of West Michigan venture capital funds.

    Blue Medora, a software development company that spun-off from Atomic Object in 2008, got a combined $1.25 million from Start Garden and Grand Angels this week, money that company CEO Nathan Owens said will help the firm expand into new markets.

    While the $750,000 Grand Angels chunk represents the largest investment portion, the $500,000 from Start Garden marks the largest single investment by Rick DeVos’ firm to date, and is the latest in a series of recent gambles on more seasoned, second-stage companies demonstrating market potential.

    “With the Blue Medora investment, they invested aggressively into seasoned entrepreneurs working in a space with huge potential that they know very well,” said DeVos.

    Blue Medora writes plugin efficiency software that helps larger companies manage databases and monitor internal infrastructure using systems like Oracle Enterprise Manager and IBM Tivoli. Among other things, such programs help companies understand available data storage capacity, avoid server crashes and optimize applications so the company can do more with the software they already have, said Owens.

    Global enterprise monitoring is a “multi-billion dollar."

    “It’s definitely not as dynamic as, say, the mobile applications market, where you develop something today and three months later it’s out of date,” Owens said.

    The market for monitoring software tends to be more stable because large companies tend to adopt new technology at a slower rate, he said. That allows firms like Blue Medora to evolve products over a period of several years without the constant worry of immediate obsolescence.

    “Companies tend to buy these packages and keep them a long time,” he said. “They don’t like a lot of constant change.”

    Today, Blue Medora has 22 employees and hopes to grow that number to 35 by mid-2014 using the new growth capital. Owens started the business in 2007, incubating the company at Atomic Object, a surging web development firm headquartered on Wealthy Street SE with offices in Detroit.

    Owens took the company standalone in 2008 when IBM liked their first product, a monitoring solution for the PeopleSoft Oracle package, which IBM decided to sell under its own name to customers.

    Owens has expanded the relationship with the multinational tech giant since then and has been recently branching into larger relationships with Oracle, which is the world’s third largest software maker by revenue, behind Microsoft and IBM.

    He said Blue Medora, with a client list around 50, is gaining velocity in the marketplace and beginning to attract the attention of analyst groups like IDC and Gartner.

    “Systems management is rapidly evolving," he said. "Companies are moving away from single solution systems management and demanding more customization and integration into cloud-based solutions like VMware.”

    Owens said his staff is almost entirely comprised of graduates from Michigan universities like Grand Valley State, Western Michigan, Eastern Michigan, Central Michigan and Michigan Tech

    “We’re finding a good pipeline of talent coming out the (computer science) programs in those schools.”

    Email Garret Ellison or follow him on Twitter.

    IBM Cloud Enables Vietnam's TienPhong Bank to Drive Business Growth and Expansion | real questions and Pass4sure dumps

    HANOI, Vietnam, Oct. 9, 2013 /PRNewswire via COMTEX/ -- IBM IBM, -0.71% today announced that TienPhong Commercial Joint Stock Bank (TienPhong Bank), one of the leading banks in Vietnam, is using IBM cloud solutions to expand its business operations, drive growth, and deliver a variety of new customer services. TienPhong Bank has been using IBM's cloud solutions since 2011 for financial and banking services, especially in its core banking upgrade, mobile applications, e-banking services and other testing operations.

    As a result of using IBM cloud capabilities to deliver improved service to its clients TienPhong Bank saw a 50 percent increase in the number of customers in less than one year. The bank is continuing to improve and streamline operations to further drive this growth.

    Founded in 2008, TienPhong Bank currently has 33 branches and plans to work towards an increase of 30% in their profits in the next 5 years and become a leading financial institution in the region. TienPhong Bank started on a cloud journey in early 2011 by shifting from its traditional IT systems to a cloud computing environment to meet its growth objectives. With the aim of more standardization, increased operational expenditure (OPEX) savings, and a faster time to the market, the bank set up a private cloud environment.

    Banks are increasingly using cloud computing, especially private cloud, for reducing the time to market of new services and enhance profitability. It helps them reduce the cost of business and technology operations. Cloud also provides the visibility, control and automation they need to support the technology foundation that enables business transformation and success.

    Within the last three years of implementation, the cloud technology built on open standards has enabled TienPhong Bank to launch nine new transaction centers across the country and a slew of e-banking services, such as electric payment and online gold trading services. Another new service is the eCounter, a smart remote identification system, enabling TienPhong Bank's staff to recognize their clients as soon as they step into the bank, ensuring better and faster personal service.

    "As a young bank, driving fast growth and offering superior customer services are critical for TienPhnog Bank's success. With no legacy technology, they realized that cloud computing perfectly suits their requirements of building an agile and robust infrastructure that can be easily scaled as needed. The move to cloud environments built by IBM has turned out to be a key decision behind the present and future growth of the bank and is enabling us to transform their services for their clients overall," said Mr. Bui Quang Cuong, Head of IT at TienPhong Bank.

    Mr. Bui also added, "Thanks to the positive outcomes of the new IBM cloud computing solutions in their organization, TienPhong Bank has decided to continue to upgrade the IT systems at their back-up data center, to mirror what they currently have at their primary data center, leveraging similar technology from IBM."

    This cloud environment has enabled TienPhong Bank to have an improved and faster process of market segmentation, allowing it to develop products and services that are more relevant to each customer group's needs. The bank now provides improved self-service features and request-driven user experience, with capabilities which dramatically helped decrease the high costs of administration. In addition, TienPhong Bank also successfully integrated all of its customer data across the country, to provide and ensure consistent and real-time information, as well as a complete and consistent view of customer information.

    "IBM has been a leader in building cloud environments, especially for industries like banking and financial services, which demand high security and regulatory requirements. As a pioneering project in Vietnam's banking industry, they are excited to see TienPhong Bank benefitting from the IBM cloud solutions built on open standards. They continue to work with the bank in their endeavor towards higher growth, continued transformation and wider market expansion," said Mr. Le Tran Nguyen, Director and Chief Solution Architect, Cloud Computing Solution Center, IBM Vietnam.

    In a continuation of this cloud computing project, TienPhong Bank recently opted for additional solutions from IBM's Cloud and Smarter Infrastructure - Power System 750 servers, IBM Flex Systems, IBM Storwize V7000 storage, and IBM Tivoli backup management software.

    The smarter computing solution comprising IBM Flex System nodes running a combination of the Red Hat Linux Enterprise and IBM AIX operating systems as well as IBM virtualization technologies will enable the bank to accelerate its service-management process by rapidly deploying new cloud-based services and applications to accommodate the changing demands of its clients. It will help TienPhong Bank further improve its storage and virtualization capabilities, simplify administration with advanced user interfaces, and scale accordingly when the bank grows further.

    About IBM Cloud Computing IBM is the global leader in cloud with an unmatched portfolio of open cloud solutions that help clients build, rent or tap into cloud capabilities. No other company has the ability to bring together unique industry knowledge and unmatched cloud capabilities, that have already helped more than 20,000 clients around the world. Today, IBM has more than 100 cloud SaaS solutions, 37,000 experts with deep industry knowledge helping clients transform and a network of more than 25 global cloud delivery centers. Since 2007, IBM has invested more than $6 billion in acquisitions to accelerate its cloud initiatives. Most recently IBM acquired SoftLayer with more than 21,000 clients in 140 countries to further build out its IaaS portfolio with an easy and secure on ramp to cloud integrating IBM SmartCloud. For more information about cloud offerings from IBM, visit Follow us on Twitter at @IBMcloud and on their blog at Join the conversation #ibmcloud

    About TienPhong Bank: For more information about TienPhong Bank, please visit:

    About IBM: For more information about IBM, please visit:

    Media Contacts

    Nguyen Phuong Linh IBM Vietnam Email: Tel: + 84 4 3946 2164

    Supriyaranjan Kar IBM Growth Markets Unit Email: Tel: +919717443337


    Copyright (C) 2013 PR Newswire. All rights reserved

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    See-Beyond [1 Certification Exam(s) ]
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    Snia [7 Certification Exam(s) ]
    SOA [15 Certification Exam(s) ]
    Social-Work-Board [4 Certification Exam(s) ]
    SpringSource [1 Certification Exam(s) ]
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    SUSE [1 Certification Exam(s) ]
    Sybase [17 Certification Exam(s) ]
    Symantec [135 Certification Exam(s) ]
    Teacher-Certification [4 Certification Exam(s) ]
    The-Open-Group [8 Certification Exam(s) ]
    TIA [3 Certification Exam(s) ]
    Tibco [18 Certification Exam(s) ]
    Trainers [3 Certification Exam(s) ]
    Trend [1 Certification Exam(s) ]
    TruSecure [1 Certification Exam(s) ]
    USMLE [1 Certification Exam(s) ]
    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [33 Certification Exam(s) ]
    Vmware [58 Certification Exam(s) ]
    Wonderlic [2 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
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