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IBM stories 2011 Fourth-Quarter and full-12 months outcomes | Real Questions and Pass4sure dumps

ARMONK, N.Y.--(enterprise WIRE)--IBM (NYSE: IBM)

Fourth-Quarter 2011:

  • Diluted EPS:
  • GAAP: $four.sixty two, up 11 p.c;
  • working (non-GAAP): $four.71, up 11 %;
  • net profits:
  • GAAP: $5.5 billion, up four %;
  • operating (non-GAAP): $5.6 billion, up 5 p.c;
  • Gross earnings margin:
  • GAAP: 49.9 percent, up 0.9 aspects;
  • operating (non-GAAP): 50.2 p.c, up 1.1 facets;
  • revenue of $29.5 billion, up 2 percent as said, 1 % adjusting for currency;
  • application profits up 9 p.c;
  • world technology features income up 3 percent;
  • world business capabilities earnings up three percent, 2 p.c adjusting for forex;
  • services backlog of $141 billion, up $four billion as pronounced, up $5 billion adjusting for foreign money, quarter to quarter;
  • programs and expertise profits down eight percent.
  • Full-12 months 2011:

  • Diluted EPS, up double-digits for 9th consecutive year;
  • GAAP: $13.06, up 13 percent;
  • working (non-GAAP): $13.forty four, up 15 percent;
  • web profits:
  • GAAP: $15.9 billion, up 7 p.c;
  • working (non-GAAP): $16.3 billion, up 9 %;
  • profits of $106.9 billion, up 7 %, up three percent adjusting for currency;
  • Free money stream of $16.6 billion, up $300 million;
  • growth markets earnings up sixteen p.c, up eleven % adjusting for currency;
  • company analytics revenue up 16 %;
  • Smarter Planet profits up 47 %;
  • Cloud salary more than tripled 2010 income.
  • Full-year 2012 Expectation:

  • GAAP EPS of at least $14.16 and working (non-GAAP) EPS of at least $14.eighty five.
  • IBM (NYSE: IBM) nowadays introduced fourth-quarter 2011 diluted earnings of $four.sixty two per share, compared with diluted revenue of $4.18 per share in the fourth quarter of 2010, an increase of 11 p.c. working (non-GAAP) diluted revenue were $4.71 per share, compared with operating diluted salary of $four.25 per share within the fourth quarter of 2010, an increase of eleven p.c.

    Fourth-quarter internet earnings became $5.5 billion in comparison with $5.3 billion in the fourth quarter of 2010, a rise of four percent. working (non-GAAP) net revenue was $5.6 billion compared with $5.four billion in the fourth quarter of 2010, a rise of 5 percent.

    complete revenues for the fourth quarter of 2011 of $29.5 billion extended 2 p.c (1 p.c, adjusting for foreign money) from the fourth quarter of 2010. whereas forex offered a benefit to earnings boom of approximately 25 basis elements within the quarter, forex movements due to the fact the enterprise announced its third-quarter revenue in October impacted fourth-quarter income by using approximately one factor of boom, or $300 million.

    "We had a robust fourth-quarter performance, capping a yr of listing income per share, revenue, earnings and free cash flow," referred to Ginni Rometty, IBM president and chief govt officer. "We delivered miraculous outcomes in all four of their strategic initiatives for the quarter and the yr, as they continued to recognize the improvement of their long-time period investments in boom markets, business analytics, Smarter Planet solutions and cloud. they are neatly heading in the right direction toward their long-time period roadmap for operating income per share of as a minimum $20 in 2015.”

    Fourth-Quarter GAAP - operating (non-GAAP) Reconciliation

    Fourth-quarter working (non-GAAP) diluted profits exclude $0.09 per share of internet fees: $0.10 per share for the amortization of purchased intangible belongings and different acquisition-related prices, offset with the aid of ($0.01) per share for retirement-connected items driven by means of alterations to devise property and liabilities basically concerning market performance.

    Full-year 2012 Expectation

    IBM referred to that it expects to deliver full-year 2012 GAAP profits per share of as a minimum $14.16; and working (non-GAAP) profits per share of at least $14.eighty five. The 2012 operating (non-GAAP) earnings exclude $0.sixty nine per share of fees for amortization of purchased intangible property, different acquisition-connected expenses, and retirement-linked items driven through adjustments to plot belongings and liabilities essentially regarding market efficiency.

    Geographic areas

    The Americas’ fourth-quarter revenues were $12.5 billion, a rise of three p.c (three percent, adjusting for currency) from the 2010 period. Revenues from Europe/middle East/Africa had been $9.6 billion, up 1 % (1 %, adjusting for foreign money). Asia-Pacific revenues accelerated 2 percent (down 1 p.c, adjusting for currency) to $6.7 billion. OEM revenues had been $714 million, down 9 percent compared with the 2010 fourth quarter.

    boom Markets

    Revenues from the business’s increase markets increased 7 percent (eight p.c, adjusting for forex). Revenues in the BRIC countries — Brazil, Russia, India and China — increased 10 p.c (11 percent, adjusting for currency).


    international expertise capabilities phase revenues improved 3 p.c (3 percent, adjusting for currency) to $10.5 billion. global business features section revenues were up three p.c (2 percent, adjusting for currency) at $four.9 billion.

    Pre-tax earnings from international technology features improved 18 p.c; pre-tax margin accelerated to 18.0 p.c. global company services pre-tax income expanded 14 p.c; pre-tax margin extended to sixteen.6 p.c.

    The estimated functions backlog at December 31 become $141 billion, up $4 billion as reported ($5 billion, adjusting for forex), quarter to quarter, and down $2 billion as suggested (flat, adjusting for currency), year over year. services backlog at the conclusion of 1 / 4 measures the present price of labor below contract expected to be diagnosed as revenue in future quarters.


    Revenues from the software section were $7.6 billion, a rise of 9 % (9 percent, adjusting for currency). application pre-tax earnings of $3.7 billion expanded 12 % year over year.

    Revenues from IBM’s key middleware items, which encompass WebSphere, counsel administration, Tivoli, Lotus and Rational products, were $5.2 billion, an increase of eleven p.c (11 p.c, adjusting for currency) versus the fourth quarter of 2010. operating methods revenues of $710 million accelerated 3 p.c (3 p.c, adjusting for currency) in comparison with the prior-12 months quarter.

    Revenues from the WebSphere family unit of utility items multiplied 21 % year over 12 months. assistance management software revenues extended 9 percent. Revenues from Tivoli application increased 14 percent. Revenues from Lotus software reduced 2 p.c, and Rational utility multiplied 4 p.c.


    Revenues from the programs and know-how segment totaled $5.eight billion for the quarter, down 8 p.c (eight %, adjusting for currency) from the fourth quarter of 2010. systems and technology pre-tax salary was $790 million, a reduce of 33 p.c.

    complete methods revenues reduced 7 percent (7 p.c, adjusting for foreign money). Revenues from vigour techniques multiplied 6 p.c in comparison with the 2010 length. Revenues from equipment z mainframe server products lowered 31 p.c compared with the yr-ago duration which turned into the primary full quarter after a brand new product introduction. complete start of system z computing energy, as measured in MIPS (millions of instructions per 2nd), reduced 4 p.c. Revenues from gadget x decreased 2 p.c. Revenues from system Storage reduced 1 p.c, and revenues from Retail keep options accelerated 9 % year over year. Revenues from Microelectronics OEM reduced eleven percent.


    international Financing phase revenues lowered 13 % (13 percent, adjusting for foreign money) within the fourth quarter to $548 million. Pre-tax salary for the segment diminished 9 % to $514 million.


    The business’s total gross income margin turned into 49.9 % within the 2011 fourth quarter in comparison with 49.0 percent in the 2010 fourth-quarter length. total operating (non-GAAP) gross earnings margin become 50.2 p.c within the 2011 fourth quarter in comparison with 49.1 % within the 2010 fourth-quarter period, with raises in services and application.

    complete rate and different income extended 2 percent to $7.four billion in comparison with the prior-year duration. S,G&A cost of $6.1 billion increased 2 percent yr over 12 months compared with prior-year price. R,D&E price of $1.6 billion reduced 1 percent compared with the yr-ago duration. intellectual property and custom development salary diminished to $253 million in comparison with $318 million a 12 months ago. other (revenue) and price become earnings of $44 million in comparison with prior-12 months revenue of $forty two million. pastime price expanded to $113 million compared with $102 million in the prior year.

    complete working (non-GAAP) expense and other profits extended 2 % to $7.four billion in comparison with the prior-yr duration. working (non-GAAP) S,G&A rate of $6.0 billion accelerated 2 % yr over 12 months compared with prior-year rate. operating (non-GAAP) R,D&E fee of $1.6 billion lowered 2 percent compared with the yr-in the past period.

    Pre-tax profits multiplied 5 % to $7.3 billion; total operating (non-GAAP) pre-tax salary accelerated 6 p.c to $7.4 billion. Pre-tax margin turned into 24.7 %, up 0.7 elements; total operating (non-GAAP) pre-tax margin became 25.1 %, up 0.9 features.

    IBM’s tax price became 24.5 %, up 0.1 facets year over yr; complete operating (non-GAAP) tax cost was 24.four %, up 0.7 elements.

    net income margin increased 0.5 elements to 18.6 percent; total operating (non-GAAP) net earnings margin become 19.0 p.c, a rise of 0.5 elements.

    The weighted-typical variety of diluted standard shares spectacular within the fourth-quarter 2011 became 1.19 billion compared with 1.26 billion shares within the same duration of 2010.

    within the quarter, IBM generated free cash movement of $9.0 billion except global Financing receivables, up approximately $300 million yr over year.

    Full-12 months 2011 results

    net income for the yr ended December 31, 2011 turned into $15.9 billion in comparison with $14.8 billion within the yr-ago duration, a rise of seven percent. working (non-GAAP) web profits became $16.3 billion compared with $15.0 billion in 2010, an increase of 9 p.c.

    Diluted salary were $13.06 per share compared with $11.fifty two per diluted share in 2010, a rise of 13 p.c. operating (non-GAAP) diluted profits had been $13.forty four per share, compared with working diluted revenue of $eleven.sixty seven per share in 2010, a rise of 15 p.c. This become the enterprise’s ninth consecutive year of double-digit EPS increase.

    Revenues for 2011 totaled $106.9 billion, a rise of seven percent (three percent, adjusting for forex), in comparison with $ninety nine.9 billion in 2010.

    GAAP - operating (non-GAAP) Reconciliation

    operating (non-GAAP) diluted revenue for the year exclude $0.38 per share of web charges: $0.41 per share for the amortization of purchased intangible assets and other acquisition-related costs, offset by way of ($0.03) per share for retirement-linked objects pushed through changes to plan property and liabilities primarily involving market efficiency.

    Geographic regions

    From a geographic perspective, the Americas’ full-year revenues have been $44.9 billion, a rise of seven % (6 p.c, adjusting for forex) from the 2010 length. Revenues from Europe/center East/Africa were $34.0 billion, a rise of seven percent (2 p.c, adjusting for foreign money). Asia-Pacific revenues extended 9 percent (2 p.c, adjusting for currency) to $25.3 billion. OEM revenues were $2.7 billion, down 2 percent (three %, adjusting for currency) in comparison with 2010.

    increase Markets

    Revenues from the business’s increase markets multiplied sixteen p.c (11 percent, adjusting for forex), and represents 22 % of IBM’s total geographic profits. Revenues within the BRIC nations — Brazil, Russia, India and China — increased 19 percent (sixteen %, adjusting for foreign money).


    complete world features revenues increased 7 p.c (2 %, adjusting for forex). Revenues from the international expertise functions segment totaled $forty.9 billion, a rise of seven % (3 p.c, adjusting for foreign money) compared with 2010. Revenues from the international company capabilities section have been $19.three billion, up 6 p.c (1 percent, adjusting for forex). software segment revenues in 2011 totaled $24.9 billion, an increase of eleven % (eight percent, adjusting for currency). methods and know-how phase revenues had been $19.0 billion, an increase of 6 p.c (3 p.c, adjusting for foreign money). world Financing segment revenues totaled $2.1 billion, a lessen of 6 percent (9 percent, adjusting for foreign money).


    The enterprise’s complete gross profit margin turned into 46.9 percent in 2011 compared with 46.1 percent in 2010. average gross earnings margins greater 12 months over year for the 8th consecutive 12 months. total operating (non-GAAP) gross profit margin become 47.2 percent within the 2011 period in comparison with 46.1 % within the 2010 duration, with raises in services, application, and systems and technology.

    The weighted-common number of diluted average shares impressive in 2011 was 1.21 billion compared with 1.29 billion shares in 2010. As of December 31, 2011, there have been 1.16 billion basic average shares superb.

    Debt, including world Financing, totaled $31.three billion, in comparison with $28.6 billion at yr-conclusion 2010. From a administration section view, global Financing debt totaled $23.3 billion versus $22.8 billion at yr-end 2010, resulting in a debt-to-equity ratio of 7.2 to 1. Non-global financing debt totaled $eight.0 billion, a rise of $2.2 billion considering year-conclusion 2010, resulting in a debt-to-capitalization ratio of 32.0 p.c from 22.6 %.

    IBM ended 2011 with $11.9 billion of money handy and generated free money circulate of $sixteen.6 billion except global Financing receivables, up about $300 million 12 months over year. The enterprise again $18.5 billion to shareholders through $three.5 billion in dividends and $15.0 billion of share repurchases. The stability sheet continues to be strong, and the company is well placed to assist the enterprise over the long term.

    ahead-searching and Cautionary Statements

    aside from the historic assistance and discussions contained herein, statements contained in this unencumber might also constitute forward-looking statements inside the that means of the private Securities Litigation Reform Act of 1995. ahead-looking statements are in keeping with the company’s present assumptions regarding future enterprise and monetary efficiency. These statements contain a number of dangers, uncertainties and different elements that might cause actual outcomes to vary materially, including here: a downturn in financial atmosphere and company IT spending budgets; the business’s failure to fulfill boom and productiveness aims, a failure of the business’s innovation initiatives; risks from investing in increase alternatives; failure of the business’s highbrow property portfolio to keep away from aggressive offerings and the failure of the company to reap essential licenses; breaches of records safety; fluctuations in monetary results and purchases, have an effect on of native prison, financial, political and fitness situations; adversarial effects from environmental matters, tax matters and the company’s pension plans; ineffective inner controls; the business’s use of accounting estimates; the business’s capacity to attract and retain key personnel and its reliance on vital advantage; impacts of relationships with important suppliers and business with govt customers; currency fluctuations and client financing risks; influence of changes in market liquidity conditions and customer credit possibility on receivables; reliance on third birthday party distribution channels; the company’s potential to effectively manipulate acquisitions and alliances; possibility elements concerning IBM securities; and other risks, uncertainties and factors discussed in the company’s form 10-Q, form 10-ok and within the enterprise’s different filings with the U.S. Securities and trade fee (SEC) or in substances incorporated therein by reference. Any ahead-looking observation during this unencumber speaks best as of the date on which it's made. The enterprise assumes no duty to update or revise any ahead-looking statements.

    Presentation of suggestions during this Press unlock

    with a purpose to supply investors with more information regarding the company’s outcomes as determined by means of generally approved accounting ideas (GAAP), the enterprise has also disclosed during this press liberate here non-GAAP counsel which administration believes provides effective counsel to investors:

    IBM results and expectations –

  • offering operating (non-GAAP) income per share quantities and linked profits observation gadgets;
  • providing non-international financing debt-to-capitalization ratio;
  • adjusting for gratis money circulate;
  • adjusting for forex (i.e., at regular forex).
  • The rationale for administration’s use of non-GAAP measures is protected as a part of the supplementary materials offered within the fourth-quarter earnings substances. These substances can be found on the IBM investor members of the family internet web page at and are being covered in Attachment II (“Non-GAAP Supplementary materials”) to the form 8-okay that includes this press unencumber and is being submitted today to the SEC.

    convention call and Webcast

    IBM’s ordinary quarterly earnings conference name is scheduled to begin at four:30 p.m. EST, these days. traders may additionally participate by using viewing the Webcast at Presentation charts can be accessible on the web web page presently before the Webcast.

    monetary outcomes below (certain amounts may no longer add as a result of use of rounded numbers; percentages offered are calculated from the underlying total-dollar quantities).

    overseas business MACHINES organizationCOMPARATIVE economic effects (dollars in thousands and thousands apart from per share amounts)     Three Months Ended     Twelve Months Ended December 31, December 31,     %     percent 2011 2010* change 2011 2010* modificationREVENUE   global expertise functions $ 10,452 $ 10,165 2.eight % $ forty,879 $ 38,201 7.0 % Gross margin 36.6 % 34.5 % 35.0 % 34.5 %   global company capabilities 4,877 4,758 2.5 % 19,284 18,223 5.8 % Gross margin 29.three % 28.0 % 28.8 % 28.0 %   software 7,648 7,039 eight.7 % 24,944 22,485 10.9 % Gross margin 89.8 % 89.6 % 88.5 % 87.9 %   methods and know-how 5,803 6,277 -7.6 % 18,985 17,973 5.6 % Gross margin forty.5 % forty three.6 % 39.eight % 38.1 %   global Financing 548 628 -12.9 % 2,102 2,238 -6.1 % Gross margin 49.7 % fifty one.8 % 49.eight % fifty one.three %   different 159 151 4.7 % 722 750 -3.eight % Gross margin -11.0 % 10.3 % -fifty four.5 % -8.6 %   total income 29,486 29,019 1.6 % 106,916 99,870 7.1 %     GROSS income 14,722 14,227 three.5 % 50,138 forty six,014 9.0 % Gross margin forty nine.9 % forty nine.0 % forty six.9 % 46.1 %     fee AND different profits   S,G&A 6,076 5,951 2.1 % 23,594 21,837 8.0 % % of profits 20.6 % 20.5 % 22.1 % 21.9 %   R,D&E 1,555 1,578 -1.5 % 6,258 6,026 3.eight % % of revenue 5.three % 5.four % 5.9 % 6.0 %   intellectual property and custom building salary (253 ) (318 ) -20.four % (1,108 ) (1,154 ) -four.0 % other (income) and rate (forty four ) (42 ) four.9 % (20 ) (787 ) -ninety seven.four % hobby price 113 102 11.6 % 411 368 eleven.6 %   total rate AND different profits 7,448 7,271 2.4 % 29,a hundred thirty five 26,291 10.eight % % of earnings 25.3 % 25.1 % 27.3 % 26.three %   profits before earnings TAXES 7,274 6,956 four.6 % 21,003 19,723 6.5 % Pre-tax margin 24.7 % 24.0 % 19.6 % 19.7 %   Provision for salary taxes 1,784 1,698 5.1 % 5,148 4,890 5.3 % advantageous tax price 24.5 % 24.four % 24.5 % 24.8 %     net income $ 5,490   $ 5,257   4.four % $ 15,855   $ 14,833   6.9 % net margin 18.6 % 18.1 % 14.8 % 14.9 %     revenue PER SHARE OF regular stock: ASSUMING DILUTION $ four.62 $ 4.18 10.5 % $ 13.06 $ eleven.fifty two 13.4 % fundamental $ 4.68 $ four.24 10.four % $ 13.25 $ eleven.69 13.3 %   WEIGHTED-commonplace number OF usual SHARES OUT- STANDING (M's): ASSUMING DILUTION 1,188.7 1,258.4 1,213.8 1,287.4 simple 1,172.2 1,240.1 1,197.0 1,268.8   * phase gross earnings margins in 2010 reclassified to conform with 2011 presentation.   international company MACHINES corporationCONSOLIDATED statement OF financial place     At     At (greenbacks in tens of millions) December 31, December 31, 2011 2010 belongings   present property: cash and money equivalents $ 11,922 $ 10,661 Marketable securities -- 990 Notes and accounts receivable - alternate (web of allowances of $256 in 2011 and $324 in 2010) 11,179 10,834 short-time period financing receivables (web of allowances of $311 in 2011 and $342 in 2010) sixteen,901 16,257 different accounts receivable (net of allowances of $eleven in 2011 and $10 in 2010) 1,481 1,134 Inventories, at lessen of average cost or market: complete items 589 432 Work in manner and uncooked materials   2,007     2,018   total inventories 2,595 2,450 Deferred taxes 1,601 1,564 pay as you go charges and different latest property   5,249     four,226   total existing assets 50,928 forty eight,116   Property, plant and equipment forty,124 forty,289 less: gathered depreciation   26,241     26,193   Property, plant and machine - net 13,883 14,096 long-time period financing receivables (internet of allowances of $38 in 2011 and $58 in 2010) 10,776 10,548 pay as you go pension assets 2,843 3,068 Deferred taxes three,503 3,220 Goodwill 26,213 25,136 Intangible property - internet three,392 3,488 Investments and varied property   4,895     5,778   total belongings $ 116,433   $ 113,452     LIABILITIES AND equity   latest Liabilities: Taxes $ three,313 $ four,216 short-term debt 8,463 6,778 bills payable eight,517 7,804 Compensation and benefits 5,099 5,028 Deferred revenue 12,197 eleven,580 different accumulated costs and liabilities   4,535     5,156   complete existing Liabilities 42,123 forty,562   lengthy-time period debt 22,857 21,846 Retirement and nonpension postretirement advantage tasks 18,374 15,978 Deferred profits three,847 3,666 other liabilities   8,996     eight,226   total Liabilities 96,197 ninety,279   Contingencies and commitments   fairness IBM Stockholders' fairness: typical inventory 48,129 forty five,418 Retained profits 104,857 92,532 Treasury inventory -- at charge (a hundred and ten,963 ) (ninety six,161 ) collected other comprehensive income/(loss)   (21,885 )   (18,743 ) complete IBM stockholders' fairness 20,138 23,046   Noncontrolling interests   97     126   total fairness   20,236     23,172   complete Liabilities and fairness $ 116,433   $ 113,452     international business MACHINES firmcash stream evaluation     Three Months     Twelve Months Ended Ended (dollars in millions) December 31, December 31, 2011   2010 2011   2010   net cash from working actions per GAAP: $ 7,097 $ 6,795 $ 19,846 $ 19,549   less: the exchange in international Financing (GF) Receivables   (2,927 )   (2,991 )   (817 )   (734 ) net money from working activities (aside from GF Receivables) 10,024 9,786 20,663 20,283   Capital charges, internet (1,059 ) (1,103 ) (four,059 ) (three,984 )   Free cash move (apart from GF Receivables) 8,965 eight,683 16,604 sixteen,299   Acquisitions (1,588 ) (2,928 ) (1,811 ) (5,922 ) Divestitures 10 fifty five 14 fifty five Dividends (880 ) (808 ) (three,473 ) (3,177 ) Share Repurchase (3,581 ) (three,601 ) (15,046 ) (15,375 ) Non-GF Debt 599 745 1,692 2,279 other (contains GF Receivables, and GF Debt) (2,906 ) (1,582 ) 2,291 3,518   trade in cash, money Equivalents and brief-time period Marketable Securities $ 619   $ 564   $ 271     ($2,322 )   overseas business MACHINES organizationSEGMENT statistics     FOURTH-QUARTER 2011 (greenbacks in tens of millions) profits   Pre-tax   Pre-tax external   inner   total earnings Margin SEGMENTS   international technology features $ 10,452 $ 299 $ 10,751 $ 1,930 18.0 % Y-T-Y change 2.8 % 0.2 % 2.7 % 18.0 %   international enterprise capabilities 4,877 193 5,069 841 sixteen.6 % Y-T-Y alternate 2.5 % -three.four % 2.3 % 14.four %   utility 7,648 851 eight,499 3,710 forty three.7 % Y-T-Y trade eight.7 % 9.9 % eight.eight % 12.5 %   techniques and expertise 5,803 186 5,989 790 13.2 % Y-T-Y trade -7.6 % -19.8 % -8.0 % -32.6 %   international Financing 548 569 1,116 514 forty six.1 % Y-T-Y exchange -12.9 % -1.1 % -7.2 % -9.1 %   total REPORTABLE SEGMENTS $ 29,328 $ 2,098 $ 31,425 $ 7,786 24.eight % Y-T-Y exchange 1.6 % 0.9 % 1.5 % 5.1 %   Eliminations / other 159 (2,098 ) (1,939 ) (512 )   complete IBM CONSOLIDATED $ 29,486 $ 0 $ 29,486 $ 7,274 24.7 % Y-T-Y trade 1.6 % 1.6 % 4.6 %     FOURTH-QUARTER 2010 (greenbacks in thousands and thousands) income Pre-tax Pre-tax exterior inner total profits* Margin* SEGMENTS   global expertise functions $ 10,one hundred sixty five $ 299 $ 10,464 $ 1,635 15.6 %   international company capabilities four,758 199 four,957 735 14.eight %   utility 7,039 774 7,813 three,299 forty two.2 %   methods and expertise 6,277 232 6,509 1,173 18.0 %   world Financing 628 575 1,203 566 forty seven.0 %   complete REPORTABLE SEGMENTS $ 28,867 $ 2,079 $ 30,947 $ 7,408 23.9 %   Eliminations / other 151 (2,079 ) (1,928 ) (452 )   total IBM CONSOLIDATED $ 29,019 $ 0 $ 29,019 $ 6,956 24.0 %   * Reclassified to conform with 2011 presentation.   international business MACHINES corporationSEGMENT information     TWELVE-MONTHS 2011 (dollars in thousands and thousands) salary   Pre-tax   Pre-tax exterior   interior   complete earnings Margin SEGMENTS   international know-how capabilities $ forty,879 $ 1,242 $ 42,121 $ 6,284 14.9 % Y-T-Y trade 7.0 % -5.3 % 6.6 % 14.3 %   world business features 19,284 797 20,081 three,006 15.0 % Y-T-Y trade 5.8 % -0.2 % 5.6 % 18.1 %   software 24,944 3,276 28,219 9,970 35.3 % Y-T-Y change 10.9 % eleven.0 % 10.9 % 5.3 %   techniques and know-how 18,985 838 19,823 1,633 eight.2 % Y-T-Y alternate 5.6 % 4.three % 5.6 % 12.2 %   international Financing 2,102 2,092 4,195 2,011 forty seven.9 % Y-T-Y trade -6.1 % 13.6 % 2.8 % 2.eight %   total REPORTABLE SEGMENTS $ 106,194 $ 8,246 $ 114,440 $ 22,904 20.0 % Y-T-Y exchange 7.1 % 7.0 % 7.1 % 9.5 %   Eliminations / other 722 (eight,246 ) (7,524 ) (1,901 )   total IBM CONSOLIDATED $ 106,916 $ 0 $ 106,916 $ 21,003 19.6 % Y-T-Y alternate 7.1 % 7.1 % 6.5 %     TWELVE-MONTHS 2010 (dollars in millions) earnings Pre-tax Pre-tax exterior inside total revenue* Margin* SEGMENTS   world know-how services $ 38,201 $ 1,313 $ 39,514 $ 5,499 13.9 %   international company features 18,223 798 19,021 2,546 13.4 %   utility 22,485 2,950 25,436 9,466 37.2 %   systems and know-how 17,973 804 18,777 1,456 7.8 %   international Financing 2,238 1,842 four,080 1,956 48.0 %   complete REPORTABLE SEGMENTS $ ninety nine,120 $ 7,707 $ 106,827 $ 20,923 19.6 %   Eliminations / different 750 (7,707 ) (6,956 ) (1,200 )   complete IBM CONSOLIDATED $ ninety nine,870 $ 0 $ 99,870 $ 19,723 19.7 %   * Reclassified to conform with 2011 presentation.   foreign enterprise MACHINES companyU.S. GAAP TO working outcomes RECONCILIATION (bucks in millions except per share amounts)     FOURTH-QUARTER 2011   Acquisition-   Retirement-   linked connected working GAAP changes* adjustments** (Non-GAAP) Gross earnings $ 14,722 $ 81 ($10 ) $ 14,793   Gross earnings Margin 49.9 % 0.3Pts -0.0Pts 50.2 %   S,G&A 6,076 (82 ) 2 5,996   R,D&E 1,555 0 23 1,578   other (income) & expense (44 ) (2 ) 0 (forty six )   complete cost & other (revenue) 7,448 (85 ) 25 7,388   Pre-Tax profits 7,274 166 (35 ) 7,405   Pre-Tax profits Margin 24.7 % 0.6Pts -0.1Pts 25.1 %   Provision for revenue Taxes*** 1,784 forty seven (24 ) 1,808   beneficial Tax price 24.5 % 0.1Pts -0.2Pts 24.four %   net revenue 5,490 119 (12 ) 5,597   net profits Margin 18.6 % 0.4Pts -0.0Pts 19.0 %   Diluted revenue Per Share $ 4.62 $ 0.10 ($0.01 ) $ 4.seventy one     FOURTH-QUARTER 2010 Acquisition- Retirement- linked linked operating GAAP changes* adjustments** (Non-GAAP) Gross earnings $ 14,227 $ eighty two ($60 ) $ 14,249   Gross profit Margin 49.0 % 0.3Pts -0.2Pts 49.1 %   S,G&A 5,951 (ninety five ) 28 5,884   R,D&E 1,578 0 33 1,611   different (revenue) & rate (42 ) (2 ) 0 (44 )   total price & different (earnings) 7,271 (98 ) sixty one 7,235   Pre-Tax income 6,956 a hundred and eighty (121 ) 7,015   Pre-Tax revenue Margin 24.0 % 0.6Pts -0.4Pts 24.2 %   Provision for income Taxes*** 1,698 10 (forty seven ) 1,661   helpful Tax expense 24.four % -0.5Pts -0.3Pts 23.7 %   net income 5,257 one hundred seventy (seventy four ) 5,354   web earnings Margin 18.1 % 0.6Pts -0.3Pts 18.5 %   Diluted revenue Per Share $ 4.18 $ 0.14 ($0.06 ) $ 4.25 * comprises amortization of got intangible belongings and other acquisition-linked fees. ** includes retirement-linked gadgets driven by way of alterations to plan property and liabilities essentially concerning market performance. *** Tax have an effect on on operating (non-GAAP) pre-tax salary is calculated under the same accounting principles applied to the GAAP pre-tax earnings which employs an annual useful tax rate system to the consequences.   overseas company MACHINES companyU.S. GAAP TO operating outcomes RECONCILIATION (greenbacks in tens of millions except per share quantities)     TWELVE-MONTHS 2011   Acquisition-   Retirement-   linked linked operating GAAP changes* adjustments** (Non-GAAP) Gross earnings $ 50,138 $ 341 $ 2 $ 50,481   Gross earnings Margin forty six.9 % 0.3Pts 0.0Pts 47.2 %   S,G&A 23,594 (309 ) (13 ) 23,272   R,D&E 6,258 0 88 6,345   other (profits) & fee (20 ) (25 ) 0 (45 )   complete fee & other (profits) 29,a hundred thirty five (334 ) 74 28,875   Pre-Tax income 21,003 675 (72 ) 21,605   Pre-Tax salary Margin 19.6 % 0.6Pts -0.1Pts 20.2 %   Provision for revenue Taxes*** 5,148 179 (40 ) 5,287   valuable Tax fee 24.5 % 0.1Pts -0.1Pts 24.5 %   net profits 15,855 495 (32 ) 16,318   net revenue Margin 14.8 % 0.5Pts -0.0Pts 15.3 %   Diluted profits Per Share $ 13.06 $ 0.forty one ($0.03 ) $ 13.44     TWELVE-MONTHS 2010 Acquisition- Retirement- linked connected working GAAP alterations* alterations** (Non-GAAP) Gross profit $ forty six,014 $ 260 ($204 ) $ 46,070   Gross earnings Margin 46.1 % 0.3Pts -0.2Pts forty six.1 %   S,G&A 21,837 (294 ) eighty four 21,628   R,D&E 6,026 0 126 6,152   different (salary) & fee (787 ) (4 ) 0 (791 )   total price & different (income) 26,291 (298 ) 210 26,202   Pre-Tax salary 19,723 558 (414 ) 19,867   Pre-Tax earnings Margin 19.7 % 0.6Pts -0.4Pts 19.9 %   Provision for profits Taxes*** four,890 116 (162 ) four,844   helpful Tax price 24.8 % -0.1Pts -0.3Pts 24.4 %   web income 14,833 443 (253 ) 15,023   net profits Margin 14.9 % 0.4Pts -0.3Pts 15.0 %   Diluted profits Per Share $ 11.fifty two $ 0.34 ($0.20 ) $ eleven.67 * comprises amortization of bought intangible assets and different acquisition-linked fees. ** contains retirement-connected items pushed by using adjustments to plot assets and liabilities basically concerning market performance. *** Tax affect on operating (non-GAAP) pre-tax salary is calculated beneath the identical accounting concepts utilized to the GAAP pre-tax earnings which employs an annual valuable tax rate system to the results.

    NI examine Integration Adapter for IBM Rational exceptional manager 2.0.3 Readme | Real Questions and Pass4sure dumps

    March 2015

    This file includes important tips in regards to the NI verify Integration Adapter for IBM Rational high-quality supervisor, together with gadget necessities, new features, and a partial list of bugs fastened.


    system requirements

    application software help

    installing guidelines

    Product protection and demanding Updates

    New features

    habits alterations

    familiar concerns

    malicious program Fixes

    having access to the aid

    Automating the setting up of NI products

    how to Use NI utility with Microsoft windows 8.x

    legal advice

    The examine Integration Adapter gives a connection between IBM Rational nice manager and NI TestStand. The look at various Integration Adapter makes use of Hypertext switch Protocol at ease (HTTPS) to talk with IBM Rational high-quality manager and TestStand to handle examine methods. to use the check Integration Adapter, you must set up this utility on both the verify laptop where TestStand runs and the server desktop where you deploy IBM Rational exceptional manager.

    The verify Integration Adapter has here device requirements for the verify computer.

    device necessitiessuggested Required working system

    windows eight.1 (32-bit and 64-bit)/home windows 7 (32-bit and 64-bit) Processor Pentium 4-M or equivalent Pentium III, 1 Ghz, or equal memory 2 GB 512 MB tough Disk space

    1 GB

    here table lists the software application types, including service packs, supported by way of the look at various Integration Adapter.

    utility software versions Supported with the aid of the examine Integration Adapter TestStand 2012 provider Pack 1 or later IBM Rational first-rate supervisor 4.0.x or later

    To installation the examine Integration Adapter on the check computer, insert the NI check Integration Adapter for IBM Rational exceptional supervisor 2.0.three setting up media and observe the instructions that appear on the monitor.

    To installation the examine Integration Adapter on the server desktop, check with the setting up instructions at

    seek advice from to view and subscribe to get hold of security notifications about countrywide contraptions items. visit for information about crucial updates from country wide instruments.

    The check Integration Adapter comprises right here new points:

  • you could circulate values from check situations or verify scripts in IBM Rational first-class supervisor to sequence info in TestStand. In IBM Rational excellent supervisor, you can outline execution variables in a examine script or examine case that consists of a TestStand sequence file. In TestStand, you need to create string-category file international variables with the equal names as the execution variables. should you execute the check script or test case in IBM Rational first-rate manager, the examine Integration Adapter passes the values of the execution variables to the file international variables in TestStand in order that the sequence file can entry the values. consult with the IBM Rational help for more information about how to create and insert execution variables. discuss with the NI TestStand aid for extra advice about the way to create file global variables.
  • in case you edit a test script in the countrywide instruments look at various Script Editor dialog container, which you could enter or paste the examine script file direction within the look at various Script File container and the parameter file paths in the Parameter File(s) box. You need to make sure that the direction suits here format: Root aid Folder\<root useful resource folder identify>\<relative course to the root resource folder>\<sequence file name>. in case you edit parameter file paths, area one parameter file course in a single line.
  • when you manually configure TestStand 2014 to publish result studies to IBM Rational excellent manager, enter here expressions in the record File direction field of the document alternate options dialog field.

    class of modelReport File course Sequential "$(ClientFileDir)\\$(ClientFileName)_results\\$(ClientFileName).$(FileExtension)" Batch "$(ClientFileDir)\\$(ClientFileName)_results\\$(ClientFileName)$(UUT)$(entertaining).$(FileExtension)" Parallel "$(ClientFileDir)\\$(ClientFileName)_results\\$(ClientFileName).$(FileExtension)"

    which you can access the software and documentation time-honored considerations listing online. refer to the country wide gadgets website for an updated listing of regularly occurring issues in the verify Integration Adapter.

    the following items are the IDs and titles of a subset of issues mounted in the check Integration Adapter. here is not an exhaustive checklist of considerations mounted in the existing version of the verify Integration Adapter. in case you have a automobile identity, you can search this checklist to validate that the issue has been fastened.

    identification fastened issue468014 cannot set up the look at various Integration Adapter to a non-default directory 491516 extra certain assistance should be offered when creating a examine script with the NI TestStand classification fails 491908 After you add a parameter file to a test script and run the check script in IBM Rational fine manager, the verify Integration Adapter returns a bad execution request error in information superhighway Explorer 10 or better edition505083 The examine Integration Adapter passes incorrect IP/MAC addresses to IBM Rational excellent manager server when there's more than one community card

    seek advice from the countrywide devices website for a subset of concerns fastened in the NI look at various Integration Adapter for IBM Rational excellent manager 2.0 f1 and f2 patches.

    confer with the NI test Integration Adapter for IBM Rational pleasant manager aid, obtainable through opting for assist»verify Integration Adapter help from the check Integration Adapter, for assistance concerning the examine Integration Adapter.

    you can automate the installation of most NI items the usage of command-line arguments to suppress some or all the installer consumer interface and dialog packing containers. youngsters, starting with the August 2012 releases (items the usage of NI Installers version 3.1 or later), you could need to function extra steps earlier than or during a silent setting up of NI utility.

    If the NI product you are installation uses Microsoft .web 4.0, the .internet installer may also run before any NI software installs and may require a reboot earlier than the setting up of NI application starts off. To steer clear of a .net reboot, install .web 4.0 one at a time before you install NI utility.

    For greater tips about automating the installing of NI items, refer to the following KnowledgeBase articles:

    should you set up country wide gadgets application on Microsoft windows eight.x, you will observe a few additional tiles in the Apps view, including shortcuts to NI software software items equivalent to NI LabVIEW, size & Automation Explorer (NI MAX), and NI Launcher.

    the usage of NI Launcher

    NI Launcher helps you find and launch installed NI items. It offers you with a technique of discovering NI products similar to the start menu in outdated versions of Microsoft windows. to use NI Launcher, click the NI Launcher tile within the Apps view. NI Launcher launches the computing device and opens a menu containing a listing of NI items. click on any NI product to launch it.

    observe  NI MAX does not seem as a computer shortcut when installed on Microsoft windows eight.x. that you may launch NI MAX either from the Apps view or from inside NI Launcher.

    Pinning frequently Used functions

    For convenience, which you can pin your most-used NI purposes, equivalent to MAX, to either the delivery display or the Taskbar on the computing device, as integral:

    latest utility Icon vicinity Pin to motion home windows 8.x laptop computer Taskbar appropriate-click on application and choose Pin to Taskbar windows 8.x computing device beginning screen right-click on software and select Pin to beginWindows 8.x delivery screen desktop Taskbar right-click software and select Pin to taskbar from the menu bar on the bottom of the reveal finding All programs

    if you are looking to find a specific software or related files, similar to documentation files, from the start screen, which you can entry all installed data from the Apps view. To get to the Apps view, correct-click anyplace on the delivery monitor and choose All apps (windows eight.0) or click on the down arrow on the backside left of the reveal (home windows eight.1).

    For greater suggestions about NI assist for home windows 8.x, consult with


    © 2013–2015 countrywide instruments. All rights reserved.

    beneath the copyright laws, this booklet may additionally now not be reproduced or transmitted in any kind, digital or mechanical, together with photocopying, recording, storing in an advice retrieval device, or translating, in complete or partially, with out the prior written consent of countrywide instruments company.

    country wide gadgets respects the highbrow property of others, and they ask their users to do the equal. NI application is covered by copyright and other intellectual property laws. the place NI software can be used to reproduce software or other substances belonging to others, you may also use NI utility simplest to reproduce materials that you simply might also reproduce according to the terms of any applicable license or other criminal restrict.

    end-person License Agreements and Third-birthday party legal Notices

    that you can locate conclusion-person license agreements (EULAs) and third-birthday party legal notices in here locations after installation:

  • Notices are located within the <country wide contraptions>\_Legal information and <countrywide contraptions> directories.
  • EULAs can be found in the <national instruments>\Shared\MDF\legal\license directory.
  • assessment <country wide gadgets>\_Legal suggestions.txt for suggestions on together with criminal information in installers built with NI products.
  • U.S. executive confined Rights

    when you are an company, department, or different entity of the U.S. executive ("govt"), the use, duplication, copy, free up, modification, disclosure or transfer of the technical statistics blanketed during this guide is ruled via the confined Rights provisions beneath Federal Acquisition legislation 52.227-14 for civilian organizations and protection Federal Acquisition regulation complement section 252.227-7014 and 252.227-7015 for military agencies.

    IVI groundwork Copyright be aware

    content from the IVI necessities reproduced with permission from the IVI groundwork.

    The IVI foundation and its member corporations make no assurance of any form with regard to this cloth, including, but not limited to, the implied warranties of merchantability and fitness for a selected aim. The IVI basis and its member companies shall now not be answerable for mistakes contained herein or for incidental or consequential damages in reference to the furnishing, efficiency, or use of this fabric.


    refer to the NI logos and logo instructions at for tips on national instruments logos. different product and enterprise names outlined herein are trademarks or alternate names of their respective companies.


    For patents protecting the countrywide gadgets products/know-how, consult with the applicable location: the patents.txt file in your media or the country wide devices Patent notice at


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    Creating an Article List With IBM WCM 8.0 (Part 2) | real questions and Pass4sure dumps

    In Part 1, they discussed the requirements for following this series of articles, created the WCM libraries, and set up a simple workflow.

    In Part 2, they continue by creating the WCM building blocks required to create and render a single article. More specifically they will be:

  • Creating a site area where content items will be added.

  • Creating an authoring template for an article.

  • Creating a presentation template to render an article content item.

  • Setting various defaults and values to make their lives easier in upcoming development.

  • Step 1: Create the Site Area

    On the article-list-content library, go to “Content” and click the “New” button -> Site area -> Default site area template.

    Set the name and display title to “Articles” and click “Save and Close”.

    You should now have something like this:

    Image title

    Step 2: Create the Article Authoring Template

    To create a content item in WCM, you need to have an Authoring template.


    The authoring template is a form you use to create content items with, while the presentation template renders the content item(s).

    Under article-list-design, go to Authoring Templates, click on the ‘New’ button -> Content template.

    Image title

    Specify an appropriate name and display title.

    Under the section ‘Location options’, specify that content items will be created under their content library’s Articles site area:

    Location options

    Don’t worry about the ‘Default Presentation Template’ for now, they will set this soon.

    Now, add the custom elements for the authoring template. Click on ‘Manage Elements’ and add the following elements:

  • Title: Short Text element
  • Author (custom author): Short Text element. This author is the person that wrote the article and not the WCM author. In the future, they could add an ‘authors’ select box here.
  • Image: Captures their article image as an Image element.
  • Article lead: Text element; the Text element is an HTML ‘area’, while a short text element is an input. The article lead is the lead paragraph to show in the list view as well as the first paragraph on the article detail view.
  • Article body: Rich Text element, to allow a WCM author to provide html for the main body of the article.
  • The result should look like this:

    Image title

    Save and Close.


    It is good practice to hide elements on an authoring template that the WCM author does not need to use, or should not use. I also recommend providing help text for each element. It’s out of scope for this article on how to do this.

    Step 3: Create the Presentation Template

    The presentation template for an article will be used to render out an individual article on a page.

    Under the article-list-design library, go to Presentation Templates and click New -> Presentation Template.

    Provide the name and title.

    Open up the plunker example and view the "articleDetail.html" file. Copy everything in the <article>...</article> straight into the presentation template.

    Once this is done, replace all the mock text with WCM element tags from the Article authoring template:

  • Highlight some mock text to replace with an element from the content item (via the authoring template elements);

  • Click on "Insert Tag", then select the appropriate element:

  • Tag type -> Element

  • Source item type -> Content

  • Item context -> Current

  • Authoring template -> the article authoring template

  • Element to reference -> choose the appropriate element from the authoring template

  • Inserting a tag

    The end-result is an element tag looking like this (for the article title in this case):

    [Element context="current" type="content" key="Title"]

    Save and close.

    To review your changes, you can have a look at "article_list_listing_1.html" from the gist.

    Note on element tags

    For the article image, they want to use the url and alt text only, as they want to use bootstrap’s styling classes. With WCM Element tags, you can request it to output a property of that element. For example, by default, an image Element outputs the img tag, but you can tell it to output the URL instead:

    [Element context=”current” type=”content” key=”Image” format=”url”]

    Have a look here for more information.

    Note on generic content item properties

    For their article, they want to render the published date. This is a built-in property of any content item. To do this, you need to use a Property tag (inserted in a similar way to Element tags).

    If I want to, for example, render out the current content item’s published date where the date is shown as e.g. Jun 7, 2016:

    [Property context=”current” type=”content” format=”DATE_MEDIUM” field=”publishdate”]

    You can read more on this here.

    Step 4: Set Template Default Content Item Properties

    Now that they have an article authoring and presentation template, as well as workflow and a site area where their articles are created, they can set up defaults to assist the creation of content items and allow the article details page to display correctly.

    Set the Presentation Template as Default

    Edit the article authoring template and select the presentation template they created earlier as the Default Presentation Template (under Item Properties).

    Save and Close.

    This will now ensure that content items created with this authoring template use this presentation template by default.

    Specify Child Template Mappings

    We need to give the web content viewer (portlet) information on the kind of content items to be rendered, as the viewer will need to render content items based on an incoming link (more on this later) as opposed to a specific content item. To do this, you tell the site area to render its children based on a child template mapping.

    Go to the article-list-content library and edit the Articles site area.

    Under Child Template Mappings, click ‘Manage Template Maps’.

    Click ‘Add’ and then browse for the Authoring Template and Presentation template they created.

    Child template mappings

    Click OK; you should now see it displayed in the Manage Template Maps view:

    Manage template maps

    Select it and click OK. You should now have a site area that looks like this:

    Site area with child template mappings


    This was quite a mouthful, but in Part II they created the building blocks for an individual article, namely an authoring and presentation template. They also set some defaults to assist us with content item creation and provided defaults for the Site Area storing their articles (as content items) so that the web content viewer portlet has something to work with.

    In Part 3, we'll tackle the article list view which will render out all the articles listed under their site area.


    ibm websphere ,ibm ,web content management

    Introducing Fabric for Deep Learning (FfDL) | real questions and Pass4sure dumps

    This post is co-authored by Animesh Singh and Scott Boag, and is an updated version of a post on IBM Developer Works by the same authors

    According to Gartner, the ability to use AI to enhance decision making, reinvent business models and ecosystems, and remake the customer experience will pay off for digital initiatives through 2025. Companies are collecting huge amounts of data, they want to use the data to train and create deep learning algorithms and models, and they want these deep learning capabilities to be offered as a service in an easily consumable way.

    Training deep neural network models requires a highly tuned system with the right combination of software, drivers, compute, memory, network, and storage resources. To address the challenges around obtaining and managing these resources, they are happy to announce the launch of Fabric for Deep Learning (FfDL).

    FfDL offers a stack that abstracts away these concerns so data scientists can execute training jobs with their choice of deep learning framework at scale in the cloud. It has been built to offer resilience, scalability, multi-tenancy, and security without modifying the deep learning frameworks, and with no or minimal changes to model code.

    Jim Zemlin, Executive Director of The Linux Foundation, echoes these sentiments succinctly:

    “Just as The Linux Foundation worked with IBM, Google, Red Hat and others to establish the open governance community for Kubernetes with the Cloud Native Computing Foundation, they see IBM’s release of Fabric for Deep Learning, or FfDL, as an opportunity to work with the open source community to align related open source projects, taking one more step toward making deep learning accessible. They think its origin as an IBM product will appeal to open source developers and enterprise end users.”

    FfDL architecture

    The FfDL platform uses a microservices architecture, with a focus on scalability, resiliency, and fault tolerance. According to one IDC survey, by 2021 enterprise apps will shift toward hyper-agile architectures, with 80% of application development on cloud platforms using microservices and functions, and over 95% of new microservices deployed in containers. And what better cloud native platform to build on than Kubernetes? The FfDL control plane microservices are deployed as pods, and they rely on Kubernetes to manage this cluster of GPU- and CPU-enabled machines effectively, to restart microservices when they crash, and to report the health of microservices.


    The REST API microservice handles REST-level HTTP requests and acts as proxy to the lower-level gRPC Trainer service. The service also load-balances requests and is responsible for authentication. Load balancing is implemented by registering the REST API service instances dynamically in a service registry. The interface is specified through a Swagger definition file.


    The Trainer service admits training job requests, persisting metadata and model input configuration in a database (MongoDB). It initiates job deployment, halting, and (user-requested) job termination by calling the appropriate gRPC methods on the Lifecycle Manager microservice. The Trainer also assigns a unique identifier to each job, which is used by all other components to track the job.

    Lifecycle Manager and learner pods

    The Lifecycle Manager (LCM) deploys training jobs arriving from the Trainer, halting (pausing) and terminating training jobs. LCM uses the Kubernetes cluster manager to deploy containerized training jobs. A training job is a set of interconnected Kubernetes pods, each containing one or more Docker containers.

    The LCM determines the learner pods, parameter servers, and interconnections among them based on the job configuration, and calls on Kubernetes for deployment. For example, if a user creates a Caffe2 training job with four learners and two CPUs/GPUs per learner, the LCM creates five pods: one for each learner (called the learner pod), and one monitoring pod called the job monitor.

    Training Data Service

    The Training Data Service (TDS) provides short-lived storage and retrieval for logs and evaluation data from a Deep Learning training job. As the training job progresses, information is needed for evaluation of the ongoing success or failure of the learning progress. These metrics normally come in the form of scalar values, and are termed evaluation metrics (or sometimes the term emetrics might be used). Debugging information can also be output through log lines.

    While the learning job is running, a process runs as a sidecar to extract the training data from the learner, and then pushes that data into the TDS, which pushes the data into ElasticSearch. The sidecars used for collecting training data are termed log-collectors. Depending on the framework and desired extraction method, different types of log-collectors can be used. Log-collectors are somewhat misnamed, since their responsibilities include at least both log line collection, and evaluation metrics extraction.

    FfDL forms the core of Watson Studio Deep Learning Service

    FfDL, developed in close collaboration with IBM Research and Watson product development teams, forms the core of their newly announced Deep Learning as a Service within Watson Studio. Watson Studio provides tools for supporting the end-to-end AI workflow in a public cloud hosted environment, with best of the breed support for GPU resources on a Kubernetes environment.

    Watson Studio architecture enables flexible machine learning and introduces a new, scalable paradigm for deep learning (both for small teams and enterprises) Join the revolution and democratize AI

    Get started with FfDL today. Deploy it, use it, and extend it with capabilities that you find helpful. We’re waiting for your feedback and pull requests — let’s start the revolution and democratize AI!

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    Converting UX Into Better RoI For The Enterprise | real questions and Pass4sure dumps


    UI/UX design is immensely critical in the modern digitally oriented business world. Its primary focus lies in enhancing user interaction and in turn user satisfaction with websites, application, and devices. In other words, the goal remains in making complexities easier for the users to understand and use.

    “Good design is good business,” asserted by Thomas J Watson, the second president of IBM, in 1973. He added that good design could materially help make a good product reach its full potential. This was decades before the advent of Apple, Google, and Facebook, hence the gravity of his words is fathomed more than ever before.

    For instance, Jeff Bezos invested hundred times more in customer experience planning than advertisement campaigns during Amazon’s first year, while AirBnB’s Mike Gebbia famously credited UX for catapulting the company to earn $10 billion in revenue. According to a study conducted by Forrester, companies that invest in UX/UI incur lower customer acquisition costs and support costs, while garnering increased customer retention and market share. Their research further revealed that a well-designed user interface could raise website conversion by 200%, and better design could yield conversion rates up to 400%.

    Following are some of the benefits that the enterprises can have with better UI/UX design:

    •    Reduced redevelopment cost: A good UX/UI design is derived during the meticulous process of user research, information architecture design, wireframing, prototyping, user testing, and final implementation. These processes enable accurate estimation of time, effort, and cost required before the final implementation. The figures remain precise rather than giving room to rough estimates. The UX/UI designing process also help us avoid usage of any unnecessary feature in an app/website, therebydecreasing the risk of failed deadlines and blown budgets. The design process allows real users to react to the product. Hence, further decisions are based on facts rather than inclinations.

    According to Adobe’s research, about 38% of people are likely to leave a website if the content or layout looks unattractive, given that both go hand-in-hand. Thus, the design process also enables companies to both test their content as well as derive content marketing strategies to complement the application’s design and vice-versa.

    •    Increased revenue:About 75% of people judge a website based on its overall aesthetics. A user-friendly interface dictates users preferring one website over another despite effectively delivering the same content, products, and pricing. Hence, a good UX/UI design that fulfils customer satisfaction is more likely to convert customers. Apart from converting new visitors, a good UX/UI strategy involves ease of use, lesser steps, and easy to understand CTAs (clear calls to action) which efficiently helps in retaining existing customers as well

    •    Improved user interaction: During the design process, UX/UI designers create user personas (for using the company app or website) including profiles of real people, personal information, biographies, and motivations. Hence, this enables personalized designs for the target audience, thereby inspiring users to browse through the company’s website or mobile app. This helps deliver relevant content to specific users. Therefore, pop-ups on certain websites like “you’ll also like these products,” “similar to the items you’ve recently viewed,” and “inspired by your wish list” help grab user attention. About 56% users reveal that they’re likely to return to a website that shows recommendations. In other words, a good design involving consistency, ease of navigation and comfort enables the company to increase the stay-time on their website, which can lead to product sales.

    •    Customer Journey Map: UI/UX designers create customer journey maps (CJM) to analyse customer interaction with the product that begins from the first point of contact. They may be in the form of visuals or text, but the essence lies in increasing loyalty of visitors – by tracking customers’ interactions with content, satisfaction ratings, usability scores, and other relevant data. Hence, the metrics provide designers with the insights required for optimisation. This, in turn, leverages better user engagement and eventually gains their loyalty.

    •   Improved word-of-mouth: This is among the most credible forms of advertising, when consumers begin to market the product for the company viz. a facet all enterprises hope to attain. UI/UX design stimulates word-of-mouth. Designers understand the importance of social sharing and thus display links of social media sites pertaining to specific target audiences. For instance, an art website would include links like Pinterest, Tumblr, and Instagram rather than formal social media sites like LinkedIn. This increases the reach towards the target audienceand offers convincing value propositions. In addition, UX/UI solutions such as reviews, star ratings, and references like “people who bought this item also bought” gather the trust and engagement of customers resulting in increased average order sizes.

    •    Accumulates resources: Good UX/UI design solutions help enterprises avoid wastage of human resources, time, and money. An instance of misusing such resources occurs when marketers and sales managers are hired to promote a product without investment in user experience that delights users. When importance is laid on a UX/UI design, such misuses can be avoided and thereby save upon the vital resources of the company – which can further be implemented in other growth areas.

    Having listed the invaluable merits of UX/UI design for enterprise growth, it must be understood that certain investments are required to efficiently leverage the strategy. These must be made over three phases, namely research, including focus groups, surveys, eye tracking studies, A/B testing etc, design including interpretation of research and analysis, customer personas, and other elements of designing process and development including building and implementing changes. In addition, having the right development, sales, and product use metrics in place is equally important. The narrower the metrics, the easier it is to analyse the ROI of usability investment.

    The importance and focus laid on customer experience is more today than ever before in an enterprise set-up, where the primary agenda for these companies is to save cost and increase the ROI for customers and brands alike. Hence, user acceptance and satisfaction is critical to any product, project, or service. A good UX/UI design strategy can help propel business growth because it has shifted to a more personalized approach. UX/UI is one of the best route to harness brand recognition and loyalty in today’s day and age.

    (The author is Co-Founder and Business Evangelist, Techved Consulting)

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