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IBM IBM Open Systems Storage

IBM Counts On Its Cloud And Platform For The Turnaround | killexams.com Real Questions and Pass4sure dumps

abstract

IBM has been pushing forward on its platform and cloud-pushed strategy.

Its Platform as a service providing, previously known as Bluemix, is now widely used as the IBM Cloud.

IBM additionally has been investing in adding capabilities similar to cloud migration capabilities and cloud optimized techniques.

IBM (NYSE:IBM) has been focusing on its strategic imperatives section to power the next level of boom. The segment contains the cloud, analytics, mobile, social, and protection features. but the turnaround is taking plenty longer than anticipated. After three consecutive quarters of salary increase, IBM revenues appear to be lower back on the decline. In an previous streak, IBM had pronounced revenue declines for 5 straight years. The market is dropping patience and submit the result announcement, IBM's inventory fell 2% in the after hours trading session.

IBM's Financials

Revenues for the primary quarter fell 4.7% to $18.18 billion, lacking the road's forecast of $18.forty six billion. Its web profits also declined to $1.59 billion, or $1.seventy eight per share, in comparison with $1.68 billion, or $1.81 per share, a 12 months earlier. On an adjusted groundwork, IBM earned $2.25 per share and became ahead of the market's expectations of $2.22 per share. IBM attributed the omit in revenues to its declining hardware company and currency headwinds.

via phase, cognitive options and expertise capabilities and cloud platform revenues got here in at $11.91 billion, falling wanting the market's expected $12.forty three billion. inside the section, cloud and cognitive options revenues, which include analytics, cybersecurity, and synthetic intelligence, fell 1.5% to $5.04 billion, however managed to beat the analyst estimates of $4.18 billion.

global enterprise functions revenues have been flat at $four.12 billion and additionally fell wanting the analyst estimates of $4.19 billion. systems revenues fell to $1.33 billion, lacking the market's forecast of $1.37 billion. It ended the quarter with global financing revenues coming in flat at $406 million. IBM is divesting some of its different groups such as the loan servicing enterprise. It said revenues from these segments as part of alternative revenues that ended the quarter with $417 million.

IBM didn't record the revenues from its strategic imperatives. but it did mention that the annual exit salary run price for cloud-delivered capabilities accelerated 10% to $eleven.7 billion.

IBM expects to conclusion the existing yr with EPS of at least $13.ninety, which became in need of the market's forecast earnings of $13.ninety one per share.

IBM's Cloud strategy

IBM has been pushing ahead on its platform and cloud-driven approach. Its Platform as a provider offering, formerly called Bluemix, is now universal because the IBM Cloud. Bluemix turned into launched in 2014 and within a year it had a set of more than a hundred cloud-based building equipment. these days IBM's Cloud Foundry is the open-supply PaaS offering on IBM Cloud that allows agencies to install and scale apps. IBM enables companies to run the Cloud Foundry apps on a public cloud, commercial enterprise atmosphere or a non-public cloud. The Cloud Foundry now has lots of purposes that provide capabilities equivalent to compute, storage, networking, analytics, and IoT. A contemporary file by using Transparency analysis estimates the revenues form IBM Bluemix capabilities to grow to $38.85 billion via 2026, becoming at an annualized boom fee of just about 25% over the next seven years.

besides PaaS, IBM is riding its cloud company via a lot of improvements. over the last few months, IBM has been investing in including capabilities akin to cloud migration features and cloud optimized techniques. all over the closing quarter, it introduced Watson any place that makes IBM Watson obtainable on-premises and on any deepest or public cloud. It launched the IBM cloud integration platform that provides a typical solution to integrate capabilities and applications throughout dissimilar cloud environments.

IBM's cloud enterprise also is expected to get a robust push from its $34 billion acquisition of red Hat. IBM plans to leverage the acquisition to help its valued clientele shift their company functions to hybrid cloud, while addressing the considerations of portability, management consistency and safety. The acquisition continues to be pending regulatory approval, however IBM plans to complete the acquisition by means of the 2d quarter of the 12 months.

IBM will should proceed to push its cloud and platform approach to deliver the a good deal-obligatory turnaround. i would like to grasp from IBM what apps on its platform does it see as supplying essentially the most traction? What are the apps that IBM builders need to focal point on to pressure extra revenues? Which of these apps and its builders do you feel IBM should purchase?

IBM's stock is at the moment trading at $139.11, with a market capitalization of $123.8 billion. It touched a 52-week excessive of $162 in September ultimate yr. When the tech stocks tumbled last December, its inventory too had fallen to a 52-week low of $one hundred and five.94.


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IBM cloud earnings dips, share price follows | killexams.com Real Questions and Pass4sure dumps

however blames it on the us dollar

IBM's cloud division saw revenues decline through two % year-on-year, to $5bn, in the first quarter of 2019.

The community, which also includes its AI and cognitive application unit, would have pronounced a slight increase (also of two p.c) had the united states dollar remained steady, with the effective currency decreasing foreign places profits.

throughout all of its businesses, profits fell five percent to $18.2bn. Shares fell roughly 4 % in prolonged trading - but have grown standard this yr.

old dog, wants new tricks IBM swallows Red Hat

IBM swallows pink Hat – Sebastian Moss

"Our outcomes mirror the simple adjustments they now have made to their company, allowing us to generate more suitable working leverage. in the first quarter, they greatly improved profit margins, led by means of their features organizations," IBM CFO James Kavanaugh observed.

"Our center of attention on prioritizing their investments within the emerging excessive-cost segments of their business has enabled us to force bigger profitability and powerful cash technology."

remaining yr changed into IBM's first 12 months of growth after nearly six years of falling earnings.

As part of its plan to turn issues around, the 108 12 months ancient company in October introduced that it might purchase pink Hat for $34bn. The deal to purchase the business open source cloud application solutions enterprise nevertheless needs to be authorised with the aid of regulators, and is expected to shut later this year.

"As they put together for the crimson Hat acquisition, we're investing to construct on their partnership as a capabilities integrator for purple Hat to be a frontrunner in hybrid multi-cloud services," Kavanaugh referred to in the revenue call (transcribed through in search of Alpha).

different agencies

IBM's programs division noticed revenues drop 9 p.c, essentially as a result of a big fall in it IBM Z mainframes salary. The 38 % decline, the company claimed, become due to buying cycles.

There become some success to be found with its z14 microprocessor: "Our single frame z14 designed certainly for cloud facts centers remains a boom diver," Kavanaugh spoke of. "we are seven quarters into the z14 cycle, and the software continues to song ahead of the prior application."

Its energy chips additionally did well, with revenue up nine % "pushed by way of Linux and the complete rollout of their Power9 based mostly architecture," Kavanaugh talked about.

Storage hardware suffered, down 11 percent, something that become in part tied to the mainframe drop, however additionally because of "the continuing competitive dynamics and pricing pressures."

In an upcoming subject of DCD journal, they element certainly one of IBM's efforts to build new company - part-alternate reminiscence processors for AI workloads. be certain to subscribe.

additional reading
  • IBM Watson

    08 Feb 2019

  • Q System One

    08 Jan 2019

  • Watson, the early years

    17 Jan 2019


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    IBM Open Systems Storage Solutions Version 4

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    IBM Counts On Its Cloud And Platform For The Turnaround | killexams.com real questions and Pass4sure dumps

    Summary

    IBM has been pushing forward on its platform and cloud-driven strategy.

    Its Platform as a Service offering, formerly known as Bluemix, is now known as the IBM Cloud.

    IBM also has been investing in adding capabilities such as cloud migration services and cloud optimized systems.

    IBM (NYSE:IBM) has been focusing on its strategic imperatives segment to drive the next level of growth. The segment includes the cloud, analytics, mobile, social, and security services. But the turnaround is taking a lot longer than expected. After three consecutive quarters of revenue growth, IBM revenues seem to be back on the decline. In an earlier streak, IBM had reported revenue declines for five straight years. The market is losing patience and post the result announcement, IBM's stock fell 2% in the after hours trading session.

    IBM's Financials

    Revenues for the first quarter fell 4.7% to $18.18 billion, missing the Street's forecast of $18.46 billion. Its net income also declined to $1.59 billion, or $1.78 per share, compared with $1.68 billion, or $1.81 per share, a year earlier. On an adjusted basis, IBM earned $2.25 per share and was ahead of the market's expectations of $2.22 per share. IBM attributed the miss in revenues to its declining hardware business and currency headwinds.

    By segment, cognitive solutions and technology services and cloud platform revenues came in at $11.91 billion, falling short of the market's expected $12.43 billion. Within the segment, cloud and cognitive solutions revenues, which include analytics, cybersecurity, and artificial intelligence, fell 1.5% to $5.04 billion, but managed to beat the analyst estimates of $4.18 billion.

    Global business services revenues were flat at $4.12 billion and also fell short of the analyst estimates of $4.19 billion. Systems revenues fell to $1.33 billion, missing the market's forecast of $1.37 billion. It ended the quarter with global financing revenues coming in flat at $406 million. IBM is divesting some of its other businesses such as the mortgage servicing business. It reported revenues from these segments as part of Other revenues that ended the quarter with $417 million.

    IBM did not report the revenues from its strategic imperatives. But it did mention that the annual exit revenue run rate for cloud-delivered services increased 10% to $11.7 billion.

    IBM expects to end the current year with EPS of at least $13.90, which was short of the market's forecast earnings of $13.91 per share.

    IBM's Cloud Strategy

    IBM has been pushing forward on its platform and cloud-driven strategy. Its Platform as a Service offering, formerly known as Bluemix, is now known as the IBM Cloud. Bluemix was released in 2014 and within a year it had a suite of more than 100 cloud-based development tools. Today IBM's Cloud Foundry is the open-source PaaS offering on IBM Cloud that enables organizations to deploy and scale apps. IBM allows organizations to run the Cloud Foundry apps on a public cloud, enterprise environment or a private cloud. The Cloud Foundry now has thousands of applications that provide capabilities such as compute, storage, networking, analytics, and IoT. A recent report by Transparency Research estimates the revenues form IBM Bluemix services to grow to $38.85 billion by 2026, growing at an annualized growth rate of nearly 25% over the next seven years.

    Besides PaaS, IBM is driving its cloud business through various innovations. Over the past few months, IBM has been investing in adding capabilities such as cloud migration services and cloud optimized systems. During the last quarter, it introduced Watson Anywhere that makes IBM Watson available on-premises and on any private or public cloud. It released the IBM cloud integration platform that provides a standard way to integrate services and applications across multiple cloud environments.

    IBM's cloud business also is expected to get a strong push from its $34 billion acquisition of Red Hat. IBM plans to leverage the acquisition to help its clients shift their business applications to hybrid cloud, while addressing the issues of portability, management consistency and security. The acquisition is still pending regulatory approval, but IBM plans to complete the acquisition by the second quarter of the year.

    IBM will need to continue to push its cloud and platform strategy to deliver the much-needed turnaround. I would like to know from IBM what apps on its platform does it see as delivering the most traction? What are the apps that IBM developers need to focus on to drive more revenues? Which of these apps and its developers do you think IBM should acquire?

    IBM's stock is currently trading at $139.11, with a market capitalization of $123.8 billion. It touched a 52-week high of $162 in September last year. When the tech stocks tumbled last December, its stock too had fallen to a 52-week low of $105.94.


    IBM adds inline compression, other upgrades, to storage systems | killexams.com real questions and Pass4sure dumps

    How collaboration apps foster digital transformation

    IBM Hosts First APAC MOBI Colloquium to Promote Standards and Accelerate Adoption of Blockchain in Human Mobility | killexams.com real questions and Pass4sure dumps

    Major car makers and technology companies convene to discuss how to make human mobility safer and greener for better quality of life SHANGHAI, April 17, 2019 /PRNewswire/ -- Today, members from the Mobility Open Blockchain Initiative (MOBI) and representatives from major technology companies and automakers convene at IBM's China Headquarters in Shanghai to discuss the way forward to accelerate the development of connected cars and autonomous mobility solutions. The first APAC MOBI Colloquium sets out to explore the current state of blockchain research and development, IoT solutions, and how these new technologies can make mobility greener, safer, and more accessible for China and the region.   Today's vehicles are evolving from a mode of transport to moving data centers with onboard sensors and computers that capture information about the vehicle and its surroundings.  Blockchains can unleash this data to power a new and more sustainable future.

    In China, blockchain is undergoing a period of rapid growth and experimentation. The People's Bank of China recently backed and piloted a new blockchain-based trade finance platform, the judiciary adopted rules making blockchain evidence admissible in court, and the Agricultural Bank of China made a blockchain mortgage. The development of blockchain technology itself is key to the nation's technological advancement. 

    "Blockchain and decentralized ledger technology has great potential to make mobility greener, safer, and more accessible for cities around the world, especially for nations with rapid urbanization like China," said Chris Ballinger, CEO of MOBI. "MOBI is set up to promote the advancement of a future solution that combines smart cities and connected cars to make people's lives better. This is a big mission. It is not a task to be realized by a single company.  By bringing together key stakeholders, experts, and partners, they believe MOBI is in the right position at the right time to advance this grand vision."

    China has more than 300 million registered vehicles – almost the same number as people in the United States – and the number continues to rise. [1] 10 out of the 25 most congested cities in the world are in mainland China. [2] Motor vehicle emissions have become a major source of air pollution in China. [3]

    A new mobility solution is needed to ensure a sustainable future.

    If this vision can be realized, the benefits it brings to their society are immense. Studies [4] have shown that autonomous vehicles can optimize fuel efficiency and reduce emissions by 60%. In the US alone, people in urban areas spend about 7 billion hours in traffic every year. That's 3.1 billion gallons of fuel wasted and $160 billion lost due to traffic congestion. Most importantly, by minimizing human error, autonomous vehicle solutions can reduce accidents by 90%.

    All this is great but they still have a fair way ahead of us. According to a Rand Corp study, [5] 1 trillion miles of self-driving data is needed in order for autonomous vehicle models to be accurate and safe. Waymo, the former Google autonomous car project, is driving 25,000 miles a day. At this rate, it would take close to 110,000 years to reach the Rand Corp mileage target.

    "The linchpin is data," said Trent McConaghy, founder of Ocean Protocol. "We are bringing to MOBI a blockchain-powered platform that enables data to be shared in a safe, privacy-preserving, borderless fashion. Algorithms can travel to data to get trained without exposing the data or taking a copy. This is ideal for MOBI's partners and community to retain data privacy and ownership. For the first time they can unlock the value of data without unlocking data itself," McConaghy continues.

    The MOBI Colloquium Shanghai brings together a diverse network of industry leaders and startups, providing them with a platform to share knowledge and innovate. Widespread adoption of blockchain technology cannot be achieved without the creation and agreement upon standards to regulate the ecosystem. By encouraging communication between differing industries, MOBI helps drive forward blockchain scalability. China's robust mobility, blockchain, IoT, and AI ecosystem offers tremendous opportunities for MOBI community members to create a brighter and safer future.

    The first APAC MOBI Colloquium is hosted by IBM and co-organized by CPChain and Tribe Accelerator.

    About MOBI

    MOBI is a nonprofit foundation formed to accelerate adoption of and to promote standards in blockchain, distributed ledgers, and related technologies for the benefit of the mobility industry, consumers, and communities. MOBI and their partners are creating simple, standard and digital ways of identifying cars, people, and trips, of paying for mobility services, and securely exchanging and monetizing data in ways that preserve property rights and privacy.

    MOBI is working with most of the world's large automakers and many mobility ecosystem players, along with many start-ups, non-profits, governments, NGOs, transit agencies, and technology companies. They are convinced that by working together they can make mobility services more efficient, affordable, greener, safer and less congested. MOBI is an open, inclusive body that acts as a 'trusted convener' and partner to entities in the emerging ecosystem of pay for use, on demand, connected, and increasingly autonomous mobility services. MOBI itself is technology and ledger agnostic.

    About Ocean Protocol

    Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology and smart contracts, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better their world. Visit oceanprotocol.com to find out more.

    About CPChain

    Cyber Physical Chain (CPChain) is a new distributed infrastructure for next generation IoT. CPChain intends to build a fundamental data platform for IoT systems in combination with distributed storage, encryption computation and blockchain technologies, providing the whole process solution from data acquisition, storage, sharing to application.  CPChain is a promising solution to a series of challenges of the current "chimney architecture" of IoT systems, reducing connectivity cost of devices, protecting data privacy and maximizing the value of IoT data.

    About Tribe Accelerator

    Tribe Accelerator, the first Singapore government supported blockchain accelerator, is championing to be a neutral platform in driving collaboration and growth of the blockchain ecosystem. Together, these organizations, as an integral part of the critical growth of the global blockchain community, aim to create a collaborative space to encourage the exchange of ideas on the modernization of the mobility space.

    Media Contact: Adria Stauber, Communications Managercommunication@dlt.mobi | www.dlt.mobi | @dltMOBI

    [1 ] http://english.gov.cn/state_council/ministries/2018/10/17/content_281476349681232.htm [2]  https://www.tomtom.com/en_gb/trafficindex/list?citySize=LARGE&continent=ALL&country=ALL [3 ] https://gbtimes.com/vehicle-emissions-become-major-source-of-air-pollution-in-china [4 ] https://onlinemasters.ohio.edu/blog/the-future-of-driving/ [5 ] https://www.rand.org/content/dam/rand/pubs/research_reports/RR1400/RR1478/RAND_RR1478.pdf

    View original content:http://www.prnewswire.com/news-releases/ibm-hosts-first-apac-mobi-colloquium-to-promote-standards-and-accelerate-adoption-of-blockchain-in-human-mobility-300833500.html

    SOURCE MOBI

    Copyright (C) 2019 PR Newswire. All rights reserved



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